BHP positioning themselves for a good chance to take out SOLG and after today with have a blocking stake in the company. We saw AVB taking out this year. Anyone developing a real Cu project isn't lasting long. Eyes to coys like MOD now to see if people start sniffing there. We have obviously seen our own M&A on our proven Cu resource. A lot of consolidation happening.
We have also seen a lot of recent M&A in the gold space. I think STM trying to develop a porphyry deposit will be sitting in two of the best MT commodities. It all really hinges (at first) on the bloody drill permit. If that doesn't come soon and we get our cash through from Copperstone we may have to start considering acquisitions. I don't really like that, but the current market doesn't reward sitting on cash as evidenced by this trading at a potential negative EV.
SolGold Funding Plans, page-3
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Mkt cap ! $19.25M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 31 | 35418628 | 0.4¢ |
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| Price($) | Vol. | No. |
|---|---|---|
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