Solitario Zinc | The Mining Industry Is Not Producing Enough Zinc

March 7, 2018
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Investing News
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Solitario Zinc | The Mining Industry Is Not Producing Enough Zinc

TL;DR

Solitaire controls two high-grade zinc deposits and has joint ventures with two of the largest zinc companies in the world, making it a unique investment opportunity.

Transcript

Chris in 30 seconds can you please give us a breakdown of your company and its value propositions to investors would be would be happy to do so the solitary Oh controls two of the highest grades Inc deposits in the world that those projects are joint ventured with two of the largest zinc companies in the world next resources and also tech resources... Read More

Key Insights

  • ✋ Solitaire controls two high-grade zinc deposits, making it an attractive investment opportunity.
  • ❓ The joint ventures with NEXA Resources and Teck Resources provide financial support and no equity dilution for shareholders.
  • 📽️ Road building at the Florida Canyon project and geophysical surveys at the Lick project are important milestones for Solitaire's future developments.
  • 💪 The strong zinc market, driven by a supply deficit, is favorable for Solitaire's business.
  • 🙃 Solitaire's 100% owned project, La Promesa, may see progress with a community agreement and potential drilling in 2018.
  • 😘 The company's low shareholder dilution and cash position of $14 million with no debt enhances its financial stability.
  • ✋ Solitaire's unique joint venture structure and high-grade zinc deposits make it an attractive option for investors.

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Questions & Answers

Q: What makes Solitaire unique?

Solitaire's uniqueness stems from its high-grade zinc deposits and joint ventures with major zinc companies, resulting in no equity dilution for shareholders.

Q: What are the upcoming catalysts for investors?

The road building at the Florida Canyon project will allow for feasibility work, advanced drilling, and engineering. Additionally, potential geophysical anomalies at the Lick project could lead to drilling targets in 2019.

Q: Are there any developments in the zinc market?

Yes, the zinc price has significantly increased due to a deficit in the market. Solitaire is well-positioned to benefit from this trend as it operates in the zinc industry.

Q: Could Solitaire expand its work on the Florida Canyon project?

Discussions with their partner indicate the potential for announcing additional work in 2018. Solitaire aims to further develop and advance the Florida Canyon project.

Summary & Key Takeaways

  • Solitaire has two joint venture projects, the Florida Canyon project in Peru and the Lick project in Alaska, both of which are undergoing advanced development work.

  • Solitaire's partnership with NEXA Resources and Teck Resources allows them to be fully carried to production, resulting in no equity dilution for shareholders.

  • The road building at the Florida Canyon project and potential geophysical anomalies at the Lick project are key upcoming catalysts for investors.


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