Replies to post #163 on Soltera Mining Corp (fka SLTA)

[JohnPaulII]

Sierra Leon? Oi Vey! Talk about an ugly country to do business in. They are still in that civil war aren't they?

It's market cap is $2,743,350 as of May 12, 2010 with over 1.3 Billion shares outstanding. This one has been around the world and back again...

* Formerly=Viking Exploration, Inc. until 8-06
* Formerly=African Resources, Inc. until 5-99
* Formerly=Alpha Diamond Corp. until 6-98)

... so forget seeing any IR/promotion to support it. It's now a bread and butter deal so it will take a big miracle to get it anywhere above where it already is - loss of $66k last year and tiny gold output so far. Tiny 40 square kilometer mining concession located on the North Pampana River in Sierra Leone doesn't have any potential that I can see after my ten minutes' DD.

SLTA

[kiwisteve]

Q&A Interview with Gold Stock Soltera Mining Corp. (OTCPK: SLTA); a History of an Argentina Gold Mine

http://www.investorideas.com/CO/SLTA/news/4291.asp
http://www.investorideas.com/CO/SLTA/

Hi gtiger
I would encourage you to re-read last months interview with CEO Dr. Fabio Montanari, and the company profile of SLTA by investor ideas (see links above)


This is what make SLTA different:

Soltera Mining Corp. Management:
Dr. Fabio Montanari – President/CEO/CFO
Dr. Montanari is responsible for the overall management of Soltera, and has been mandated to grow shareholder value through further exploration and development of Soltera's recently acquired rights to explore and purchase mining claims in Argentina via its wholly owned subsidiary Incas Mineral S.A.

Dr. Montanari brings to Soltera a distinguished international mining career spanning over twenty-five years. Included is senior experience spearheading advanced exploration and mining activities in Africa, South America, Europe, Canada and the United States for a host of internationally recognized exploration and mining companies including: Asarco (US), Golden Star (UK), ENI Group (Italy) and Normabec (CAN). Dr. Montanari has also been a geological consultant to the United Nations under the U.N. Technology Cooperation Schemes.

Dr. Montanari's responsibilities have encompassed various mining engineering, operations, pre-feasibility and general management positions, including business development roles at the corporate management level.

Dr. Montanari holds a doctorate degree in economic geology from the University of Ferrara, Italy. Additionally, he is the author of a textbook on economic geology, "Metals & Industrial Minerals: Economic & Metalogenic Parameters", which has been adopted by several major Italian universities.

...From the April interview:
Dr. Fabio Montanari, President/CEO of Soltera Mining Corp
When I arrived in Argentina in 1996, I reviewed more than 45 mining projects on behalf of a junior mining company from Canada. The junior company decided on pursuing the most promising of these projects but, after the BRE-X crisis of 1997, they were obliged to leave Argentina because it was impossible at that time to obtain funding. The projects then became free and I began to search for investors because I really believed in the properties. These properties were El Torno (gold) and Eureka (gold-copper).

...My short-term goal is to gain an immediate and self-sustaining source of revenue from the eluvial operation, but the real prize is in furthering exploration of the gold vein system as well as the large geochemical gold anomalies discovered last year. We are currently sourcing financing for this exploration work, but in the meantime we will have enough income to go it alone until funding is secured.

About Soltera Mining Corp.:

Soltera Mining Corp. is a unique exploration company in the sense that it is following two distinct lines of action. The first is conventional, with exploration concentrated on two carefully selected gold and base metal projects in Argentina, particularly the large-scale El Torno gold project in Jujuy. The second, less conventional action is to finance immediate small-scale gold production from a specific section of the 14 km gold-quartz vein at El Torno.

Portfolio Highlights:

* Major gold exploration project at El Torno in Argentina with large-scale potential for both underground and open-pit mining.
* Near-term small-scale gold production from weathered section of the main gold-quartz vein at El Torno.
* Eureka copper-gold project in Argentina, joint ventured with TNR Gold Corp. with previous (non-43-101 compliant) resource estimates of 50-60 Mt at 1% Cu.

All exploration projects are run personally by Soltera's CEO/President, economic geologist, Dr. Fabio Montanari. Living near the projects in Argentina Dr. Montanari has a hands-on approach to operations.

I.e. He lives on site and this is his baby!


Enjoy and prosper!
Kiwi.