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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (61)	10/15/2012 2:18:49 PM
From: Goose94	Read Replies (2) \| Respond to of 202903

A busy season of exploration planned in Mexico for Soltoro (SOL-V). The intense volatility in the resources sector has not been an issue for Soltoro (SOL-V). Management ha positioned the company in the right time to achieve success. A Mexico focused junior explorer with the ambition to define a deposit that can advice through to a mine development plan, Soltoro has been moving forward with several projects. Andrew Thomson, President and director, understands the reality of the junior mining sector. He has been around long enough to appreciate the wild swings in sentiment that can be a factor even during a long term bull market. Given that exploration is expensive and there are no guarantees for success, even when the background circumstances are ideal, the company has a strategy in place enabling it to advance during difficult market conditions. While other juniors have been forced to halt activity in the field lately, due to financial issues, Soltoro has remained active. The company has been able to raise money under reasonable terms and with a well funded treasury, exploration has continued to generate positive results. The flagship asset for Soltoro is the El Rayo Project, Jalisco. The property straddles a paved highway with ideal access to local service and infrastructure. The old workings of no fewer than 16 historic mines, dating back to Spanish Colonial times, have been identified within the project area for the geologist to investigate. Extensive geophysical and geochemical surveying has also defined a number of high priority exploration targets. Exploration work at the property has been successful from day one. The company has continued with a comprehensive and systematic to outline a series of epithermal vein structure where some extremely high-grade silver zones have been encountered. Among these is a noteworthy drill core that yielded an interval of 1,010 g/t silver across 7 metres, followed by 527 g/t silver for another 6.9 metres. There are several distinct target area at El Rayo and most of them remain open to further expansion laterally and to depth. Some appealing prospects have not been explored yet. Even at this relatively early stage, however, the company has already been able to present a NI 43-101 compliant resource estimate that documents more than 77 million ounces of measured and indicated silver resources hosted near surface in oxides that appears to have great potential for development into an open pit mine. To underline just how successful this program has been so far, the resources that have been reported represent a discovery cost of about 10 cents per ounce. More to the point, the capital structure for the company remains attractive and with fewer than 60 million shares outstanding, investors get leverage to more than an ounce of silver per share. The resource is probably going to increase further at El Rayo as more work is completed. Soltoro has arranged property transactions so that it is also leveraged to exploration work ongoing to other projects with other companies. The company closed a deal is 2011 to vend the nearby Coyote and Victoria properties to Argentum Silver (ASL-V). As a result of this deal Soltoro controls about 15% of the total shares of ASL, in addition to holding a 3% NSR on each property. The two companies actively share information to assist with exploration work, and Andrew Thomson sits on the Argentum board. Argentum is also an attractive junior explorer. The company also controls a couple of interesting properties to the south in Oaxaca that have great potential. And with $2.5 million in cash in the treasury, to too can deploy appropriate funding to keep the news rolling. The drills are turning at Coyote, targeting extremely high-grade vein structures that crisscross the project area. The most advanced of these discovery zones is the El Tajo deposit. Earlier this year, a highlight interval of 4 metres of drill core was reported from El Tajo bearing an impressive 1,470 g/t silver. About 2,000 metres of drilling is planned for this fall. Soltore also has option agreement whereby Gold Reserve (GRZ-V) may earn up to 60% of the La Tortugo property, Jalisco, by funding exploration over three years, plus cash payments of $650,000. With over $3.7 million cash in the treasury and activity underway by it’s partners, Soltoro is forging ahead with it’s business plan to build shareholder value at the end of the drill bit.