BHP Billiton - Copper Update - Additional interest in SolGold

[idpickering]

BHP has entered into a share subscription agreement with SolGold Plc (SolGold) under which SolGold will issue 100 million shares to BHP.

SolGold is the majority owner and operator of the Cascabel porphyry copper-gold project in Ecuador.

BHP President Minerals Americas, Danny Malchuk said "Ecuador is a highly prospective region for the next generation of copper supply. This additional investment in SolGold strengthens our strategic position in the Cascabel copper exploration project, and is consistent with BHP's strategy to replenish our copper resource base and grow the business."

https://www.investegate.co.uk/bhp-billi ... 00021198E/

[MaraMan]

I have just posted something on the metals and mining forum about this. I have held SOLG shares for nearly two years and been extremely pleased with them, although the road has been bumpy. Same goes for Asiamet, which I bought into at 2p (currently 10p).

With the forecast problems in meeting global copper demand these companies could have a very bright future.

MM

https://www.lemonfool.co.uk/viewtopic.php?p=174074#p174074

Moderator Message:
Added link. Neither of the above shares are HYP, please see guidelines. Thank you. Raptor.