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I had no time to elucidate further on the "World*s 10 top copper...

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    I had no time to elucidate further on the "World*s 10 top copper projects."-Mining.com, 12 Feb 2021

    The article stated: "these 10 development projects will play a role in SETTING the COPPER price for the next decade."

    If you click on to the article, it lists all the 10 development copper projects. One will note that many have been around for a long time eg Tempakan, Philippines, Resolution , USA etc.

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    "Interview: Hang on for wild oil, COPPER ride in Commodity Supercycle: GOLDMAN*s Currie."- S & P Global, 10 Feb 2021

    The article stated that "the LME cash copper price is North of US$8,000. We have no copper, inventories just drew their largest observerable draw we*ve seen in 5 weeks, prices are already back to SUPERCYCLE levels and we have not even started the energy transition story of electrifying the world, Currie said.

    Goldman has a target of $10,000 per tonne. Currie speculated whether copper could actually reach $40,000m/t at some point. Currie who CALLED THE SUPERCYCLE IN THE EARLY 2,000*s..."

    Currie is Head of Commodities at Goldman Sachs.
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    COPPER PRICE SPOT: US$3.77 PER POUND, 11 FEB 2021.
    OR US$8,270 /t.
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    CruxInvestor on Solgold report [recent] - they cited US$3.05 for copper for the Alpala project from recall.
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    So, copper projects coming on stream has to do with the price of copper if it is more copper and credits for gold and silver. This is something generally known.

    Hence, one needs to do further research as to when the 10 world*s top development copper projects will come on stream ie at what copper prices etc?

    It would also appear that at this time, the 10 are in a waiting line to develop their projects but some are held up by permits eg Pebble [No 2], Resolution has just had a court case in their favour etc. So, other than these big 10, there are none of sufficient size as yet?

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    Solgold on Fri, 12 Feb 2021 issued a RNS/ANN after the market closed with an update on their projects ie regional etc.

    What was contained in the above was not something of a surprise if one has been following events of the various projects.

    SURPRISE, SURPRISE - on London stock forums on Solgold, the sun has come out again. After throwing stock at bargain basement prices due to mis-reading of events, its sunshine again and folks want to buy in again from some of the chatter?

    NICK MATHER
    Reuters reported on the retirement of Mr Mather from Solgold as the CEO although he will remain as a Director. What Mr Mather said ie his vision appears to be still on target as he had said it needs 4-5 PROJECTS TO STRING.

    That is what the Solgold Feb 2021 Presentation stated re: Porvenir being the first .....

    No doubt, the replacement will be a CEO with a background in the execution of major projects as this is the NEXT PHASE OF SOLGOLD.

    In the Reuters article, it stated that Mr Mather took Solgold from US$40m to US$1 billion mkt cap.

    No doubt, Mr Mather will still drive the exploration success and we await to see further news.

    Sol1
    Sun, 14 Feb 2021

    P.S. For those who are more value orientated, the share price provided an opportunity as there was clearly a mis-pricing from mis-reading - THIS IS NOW HISTORICAL?

    Pardon typos as not editing due to the late hour.




 
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