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Yes Fhecba21. Well done for copying my comment.
You are a repeat offender where copying is concerned.
Fhecba21.
You haven't invested your funds to forward all the things I mentioned unless you have taken part in a placing of new shares to give the company new cash.
I'm confident we'll all be kept informed as and when the news is available. As investors we don't choose when we get an update from the company. We're at the mercy of what they consider to be appropriate.
There are many reasons why the share price has softened Rich3r. Copper prices were weak for a large portion of the year given the wrangling between China and the US and we had some not insignificant issues is country with the attempted mining referendum.
Mather secured investment from BHP at 45p to pretty much cover the 2019 budget. A move like that ought to have re-enforced the share price for longer than it did.
Management can only control the company. They can't control the share price or the market. So providing management concentrate on and deliver on the things I mentioned, the share price will look after itself.
Bozi my point isn't rocket science !
I want management to be focused on maximising shareholder value - simple as.
Shareholder value has fallen around 50% over around 7 months.
Do you think that's good ??
What is your point Rich3r?
I want management to be managing the company, completing the studies, defining the edges of the deposit(s), progressing regional exploration, securing a good, no a GREAT funding package for Alpala mine development and arranging the first offtakes and deals for Cascabel concentrate.
If that means we don't get an RNS once a week then I'm all for it.
How many of you lot read he MD&A? What about the half and full year reports?
hi Bozi, you have your view on NEWSFLOW and fair play, but i suspect you'd be decimated if you put it up for consideration in a SOLG PRIVATE INVESTOR shareholder general election LOL
Smaller cog in a much larger wheel ffs.
Long week.
What is the main purpose of that? To make you feel better?
I find it staggering that people feel the need to email the company regularly to ask for updates. Yes you may hold anywhere ranging from a few to quite a few shares but be patient and wait for the company to make announcements through the formal channels. I appreciate there's been a shift in terms of company reporting and we don't get an update once every 3 weeks saying 500m at 1.4%cu eq etc. For me, that is representative of where the project is.
There is ample material out there, whether that be company video presentations and media, slide stacks, broker coverage etc.
I don't think this company has let investors of a 5-7 year timeframe down and therefore they have my trust and confidence until that position changes. That's my stance.
The bottom line at the moment is that we have a MRE that was due a couple of weeks ago. A report like this can be held up for any number of reasons. The company previously issued soft-ish targets and can't be held to firm deadlines by private investors.
In my opinion we are the smallest wheel in a much larger cog here and it still remains to be seen whether we'll truly have our day in the sun as investors or whether we'll be hampered by the geo-political risks that still exist.
There is so much going on for SOLG in 2020 and as I write the macro surrounding copper is turning in our favour. I just think a little more patience and a bit of perspective is what is needed at the moment, not getting all blustery on Twitter when the company posts an article. Your comment and input has always been at it's best when it has been research orientated with insightful analysis and comment.
That's the only account where they can feel at least a bit of exposure to public negative feedback. Our emails are going nowhere, this BB certainly has no effect on share price or SOLG's IR efforts, and I have been patient since 2014 and I am still not selling, so while I exercise my patience in terms of investment, at least I vent my dislike for their involution where everyone can see it.
I will be the first to congratulate NM privately once he stops playing games. I still hold that if he had been willing to sell at a reasonable price for his exploration effort, we would have already cashed in at 60-80p.
TheItalian - I don't really understand the continued ire towards the SOLG twitter account.
I'm sure when they have news of relevance they will release it. Until then it's just a game of patience.
They keep tweeting about copper prices and minister appointments as a distraction, to buy time without releasing any information of actual relevance.
Thanks for that Shipright. Seems to be the ideal appointment for the benefit of all parties. Very positive imo.
On January 14, 2020, Enrique Gallegos-Anda Cobo was appointed by the Minister of Energy and Non-Renewable Natural Resources, José Agusto Briones, as the new Deputy Minister of Mines. In line with government policy, the Vice Minister will work with a clear vision of transparency and institutional efficiency, promoting the development of economically profitable, socially necessary, environmentally sustainable and sustainable projects.
Gallegos-Anda is a Lawyer of the Courts of Justice of the Republic of Ecuador, graduated from the Private Technical University of Loja, Architect in Design and Urbanism from the Central University of Ecuador, has a Postgraduate Degree in Advanced Management at the Central American Institute of Administration of Companies (INCAE) and Diplomas in Marketing and Foreign Trade from the Polytechnic School of the Coast (ESPOL).
The new Vice Minister is a professional with experience in the mining, oil, energy, banking and industrial industry, both nationally and internationally. In his more than 38 years of experience, he has held management positions in companies and public and private sector entities. He has also led Business Consulting and is a member of the Board of Directors of the Academic Center for Business Development (C.A.D.E.), has been a negotiator and mediator in conflict management with communities and business groups.
With a proven track record throughout his career, the new Deputy Minister of Mines begins his management with clear objectives, aimed at attracting and promoting new investments as well as conflict resolution, so as to contribute to the dynamization of the economy national, protecting the interest of the Ecuadorian State.