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$1.25 hot chili limited

Do you have a Clue at which Marc cap we had at this point ?

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1992Darling

267 Posts.

15

11/02/22

18:00

Post #: 59518449
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Originally posted by Mike77: ↑

Thought I'd mention Solaris Minerals (SLM) which I've been following since recent IPO on ASX. (it's the bar so I'm allowed to mention it right?)

Has copper targets in Peru and a new exciting one in Chile, which has just started being drilled. Shallow near surface 'manto' intercepts so far but current hole looking deeper for 'feeder' porphyry.

Low MC $20 million, $7 million in cash.

What I find interesting are 2 things-

1) It's like HCH probably was 10 years ago, before the reality and expense of complex, slow, repetitive drilling to define a resource for PFS. It is just 100% about discovery, and they are reporting visuals as they come up snappy snap, no waiting around, with assays to follow (I'll be timing these to see whether CE has been dragging his heels).

2) They were listed on TSXV and have now just dual listed with an IPO on ASX, so kind of like HCH in reverse. I had to chuckle at the CEO's comments in the interview, saying they were keen to reach out Aussie investors because we know our minerals/mining etc etc, kind of the opposite of what our own dearly beloved said ahaha.

Well worth a look, even just for interest, like going back in a time machine for HCH.

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Do you have a Clue at which Marc cap we had at this point ?

HCH Price at posting: $1.54 Sentiment: Buy Disclosure: Held
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