Native's Posts

Bad news. Ecuador and China starting billion dollar cooper mining venture. Looks like Solgold was left in the dirt. See news link [link]

Will Solgold get left behind? Ecuador and Chile announce today mining partnership in Ecuador. See [link]

Meant to type will not for reelection. If the next president rams through a mining program, Solgold will rise if the opposite occurs, Solgold is finished.

Ecuador President Correa announced yesterday that he will it run for reelection. This will either spell the utter rise or fall of Solgold next year.

I continue to believe that SolGold will continue to be on life support until Ecuador starts its mining program with or without China.

Anyone here believe that SolGold prospects depend not on hole strike speculation or Nick Mather blather but on the mining politics of Ecuador, which involve China and U.S.A. involvement

Ecuador announces new Mines Minister and $400m mining funding program. But SolGold is not mentioned in the cooper mines list. Anybody know why? See El Comercio newspaper link [link]

In case you missed it, read the last sentence in the news article I just posted

Here's why SolGold appears to be tanking: Ecuador Gold Announces Encouraging Metallurgical Testwork Results Posted: Dec 08, 2014 96 AM EST Updated: Dec 08, 2014 10:36 AM EST This article was originally distributed via SproutNews. SproutNews, WorldNow and this Site make no warranties or representations in connection therewith. Toronto, ON / ACCESSWIRE / December 8, 2014 / Ecuador Gold & Copper Corp. (TSXV: EGX), (the “Company”or “EGX”) announces that the Company’s Consulting Engineers, GBM Minerals Engineering Consultants Limited (“GBM”) who are currently undertaking, through Resource Development Inc, (“RDI”) of Denver Colorado, the additional metallurgical test work that was announced in the May 29, 2014 News Release, as part of the 43-101 Preliminary Economic Assessment Technical Report (“PEA”) on the Company’s flagship Santa Barbara Project, have released encouraging results from this test work and have advised the Company that the PEA will be completed by the end of January 2015. In addition, the Company has acquired key surface landholdings that cover a substantial part of the surface footprint of the Santa Barbara Project. Metallurgical Test Work Update RDI reported that the following conclusions can be drawn from the additional metallurgical test work which incorporates alternative flotation reagents and fine grinding: - Copper and gold recoveries achievable by rougher flotation are ± 80% and ± 65%, respectively. - Due to the very small particle size of some of the chalcopyrite, as seen in the mineralogy study, the recovery of copper is unlikely to increase without grinding the ore to extremely fine size (i.e. ± 10 mm).

Take heart longterm investors who bought under 4sp. Falling oil prices will force Ecuador to turn to its mining sector and thus pick a prime mining partner, who will in turn buy out SolGold. Expect to see rise in sp as SolGold tarts itself up to get a good deal on the buyout.