Attention Houston Members - Sept 20

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dan_s
Posts: 34602
Joined: Fri Apr 23, 2010 8:22 am

Attention Houston Members - Sept 20

Post by dan_s »

We have a very good speaker coming to Houston on Tuesday. Daniel Earle, is the CEO of Solaris Resources (SLS.TO and SLSSF). He is an expert on the world's copper market. Copper is one of the strategic metals that support our standard of living.

Our topic will be Copper and how the metal's price could soar as governments continue to throw money at renewable energy projects. Electric vehicles (EVs) require 4X more copper than an internal combustion car or truck.

"The mineral requirements of a wind- and solar-based energy system can’t possibly be met. Note that 189 years worth of copper production, 400 years of nickel production, 9,921 years of lithium production, 1,733 years of cobalt production, 29,113 years of germanium production, and so on, would be needed for the first 20 years of wind and solar installations. Then we would have to do it all over again. Talk about a lack of sustainability! The bottom line is that no transition from fossil fuels to “green” energy sources is under way, nor will it occur, ever. The green dream is not just a folly but a fraud. Those who perpetrate it, like Al Gore, John Kerry, Barack Obama, Greta Thunberg, Alexandria Ocasio-Cortez and many others, are fraudsters who make Bernie Madoff look like Mother Teresa." - John Hinderlaer, 9-6-2022

Read more: https://www.powerlineblog.com/archives/ ... ssible.php

Solaris Resources is responsibly and sustainably advancing a portfolio of copper and gold projects in the Americas. The Company is managed by the Augusta Group, which boasts an unrivaled track record of value creation totaling over C$4.5B in exit transactions over the last decade and has strategic partnerships with the leading entrepreneurs in the mining sector.

> Solaris is primarily focused on Flagship Warintza, Ecuador – High-grade, open pit resource within 7km x 5km cluster of outcropping copper porphyry deposits; untested gold potential
> Discovery Potential – Advancing Capricho, Paco Orco in Peru and Ricardo in Chile
> Exploration Programs Designed by David Lowell – Assembled portfolio and designed programs led by Ecuadorian protégé, Jorge Fierro, VP, Exploration
> Managed by the Augusta Group – Highly-specialized in exploration and development, unrivaled track record of over C$4.5B exits / 10 years
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34602
Joined: Fri Apr 23, 2010 8:22 am

Re: Attention Houston Members - Sept 20

Post by dan_s »

I am very interested in what Daniel Earle has to say because Solaris Resources (SLS.TO and SLSSF) is trading at $6.76 this morning and First Call's price target is $19.64. Plus, the Augusta Group has a long track record of success.
Dan Steffens
Energy Prospectus Group
JBtheBrit
Posts: 60
Joined: Sun Jul 10, 2022 8:23 pm

Re: Attention Houston Members - Sept 20

Post by JBtheBrit »

Dan - would love to attend... but can't be in Houston this week. Will you post a post event summary ?. I too am watching copper closely and starting to think about adding some exposure. Solaris sounds like an interesting one.
dan_s
Posts: 34602
Joined: Fri Apr 23, 2010 8:22 am

Re: Attention Houston Members - Sept 20

Post by dan_s »

Some of our very smart Canadian members are very high on Solaris Resources. They believe it will be acquired soon at more than 2X the current share price.
Dan Steffens
Energy Prospectus Group
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