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Why can't people understand that the share price is where it is because .......... THERE IS NO TAKE OVER ON THE HORIZON! In fact there won't be a takeover full stop!
See you in a week or two, better things to be doing with my time.
We're awaiting first drilling at Helipuerto. Surely that would be way behind Porvenir, even if a significant discovery was made?
It would need a couple of years of drilling and I know nobody really wants that...
sags not says...
Gold flying, copper flying...this hits 18 and says...
Youd have to assume it's being held down...
The important bit from Padmasters post
SolGold PLC (LSE:SOLG, TSX:SOLG, OTC:SLGGF)* – Working through the BFS on the humongous Alpala copper mine project in Ecuador.
We suspect one of the other significant exploration discoveries might produce SolGold’s first copper mine given the sheer scale of the Cascabel mining project.
*SP Angel act as Nomad or financial advisor and broker to these companies
Yes bubble, everyone is falling over themselves to buy in.
Gold bouncing today bodes well for solg assets
And presumably as a 'house' broker they have visited all or most of the prospects?
Exactly...and are we sure its Porvenir? Not Helipuerto for example...?
They will be a shareholder as long as they're being paid broker fees in stock, Redknight.
It doesn't remove from the fact they are a broker and they are paid for to promote and trade stocks.
I'm not saying there's necessarily anything untoward taking place but on the balance of all the RNS and company media I don't think we can draw the conclusion that Porvenir has superseded Cascabel in terms of development priority.
We'll see as you say, but it begs the question that if he does know something then how and why does he know it?
I don't think it can be Porvenir as we have no money to develop Porvenir.
However we have 50 million to develop Cascabel.
John Meyer is sound...and I think they are a shareholder...
With all the radio silence leading up to the inevitable bidding war, it wouldn't surprise me if they had a nugget up their sleeves to ennervate the SP beforehand...
Meyer is not known for idle speculation...
So who knows...?
I'd just caution re that Proactive release that it's the opinion of the author.
I'd like to think we know SolGold better than they do, and the reality of it is that Porvenir is the only other significant discovery and we can't get a PEA out on that asset.
So either Cascabel isn't coming to production in the next 15yrs or something drastic is about to happen at Porvenir. I doubt it.
Just a thought.
They are talking about a faster way to production than Alpala .
Isn't Tandy in Cascabel and isn't the 50 million ring fenced for Cascabel.
Agreed Copporpot many ways to proceed to production.
Indeed Copper you have remained consistent in your views …. A refreshing change.
You may well be right about open pit first , I just don’t think we’ll be the ones doing it. I guess we may even find out one day
I've always said "open pit before block cave"!
I've mentioned many times...Alan Martin's little "wrap around" ;-)
Do people listen?
Thank you Padmaster.
Have you noticed it reports that Solgold are currently working on the BFS.
If it's not a printing error, we now know what the 50 million is being spent on.
Our Nomad, SPAngel suggests another Solg discover will become a mine before Alpala/Cascabel.
https://www.proactiveinvestors.com/companies/news/1002961/today-s-market-view-azure-minerals-blencowe-resources-cornish-metals-and-more-1002961.html
“We suspect one of the other significant exploration discoveries might produce SolGold’s first copper mine given the sheer scale of the Cascabel mining project.”
Speak of the Devil Quady, and he will appear.
He can be removed from ADVFN as well if that is what he desires.
After all trashing a forum wouldn't be looked upon kindly by any organisation.
That’s the one
"I see that numbnuts Quady on LSE is making up rubbish again, I had decided for the good of the decent posters to call time on my LSE disruption but I guess they are going to have to reap what this guy has sown."
Do you mean this one DBW...
"
Morning Red
He’ll be even less popular (if that’s possible)when folk see the latest post on ADVFN ….. that’s all we need