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Too true toS1963, let's keep our fingers crossed. I'm optimistic about the involvement of Bob Shanga. This for a change is uncharted territory .
Sorry to be a copy and paste poster, but here’s a section of Ecuador Mining Law..... In accordance with the mining law, a mining concession has four years on initial exploration, four years on advanced exploration, two years renewable to an additional two years on economic evaluation and the remaining up to 25 years on exploitation. The exploitation period can be extended for up to another 25 years.
So I’ve we are clearly in economic evaluation, and have been for some time, that clock is ticking. And not in a good way.
I respect that covgaz
Monte, your post of 20:14 pretty much hits the nail on the head. It’s been a mishandled, sorry mess. I further share the sentiment of your last sentence.. “ Hopefully the filling of troughs and options is done ad we can get rid if the whole lot quickly.” But sadly I’ve long since given up on optimism for the best outcome for Sol gold. We shall see. I don’t believe it will be too long now. Those licences have some pretty penal clauses (government take ownership of the lot) if we don’t get the finger out soon and either design a mine, or sell it to someone who will.
Oh and btw I ticked that one up myself , I said 20:43. Listen I'm not here to argue and fight although it would seem that's all I do. No offence offered and none taken.
Monte , they would. I am not liked amongst bulletin boards. Enjoy your moment.
No Fort
I was comparing you with a cry bady
And by the way covgaz,
It appears 10 people agreed with my rant, despite me "offering nothing"
Monte,
Agreed - early days of Covid were very worrying were they not? Terrible situation and events never seen in many of our lifetimes. So let me get this right.... you're comparing that period to SOLG's woes now??
Perhaps it's a benchmark that might return you to some sanity?? SOLG were 11p/12p back then when the world was ending for us all 'apparently'. Yet here we are today, DOW jones just 10% off all time highs, FTSE still in the blue YoY (thereabouts) and yet SOLG just a few pence away from those dark days.
Completely unwarranted and unjustified. So focus on those differences. Focus on what's changed since 2020??
Trouble is Fort
You could have posted that anytime over the last 5 years.
Talking about cry babies, have a look at some of your posts during the early days of the pandemic lol
I would not want to be standing next to you in the trenches old boy haha.
Just like yourself Monte , you offer nothing either , just idle speculation and moaning as per 20:43. I have ****ged the board off , ever. That is my company , my custodians. After you pal/
Covgaz
So you don't offer anything, in your own words and you don't think people should speculate on a discussion board.
Maybe you should take your own advice mate
Close the door on the way out please
Based on some of the weak and weary posts from some of late, it would seem the 'pre offer' suppression period is working wonders. Any M&A expert must be laughing their socks off. All you have to do to get cheap stock off a pi is make them feel like the sp is in the dumps for a few months and then they'll snap your hand off for a decent premium exit.
During Covid this stock hit 12p. It then hit 41.5p a few months later, then returned back to the teens before pretty much rinse and repeating to 40's. Desperate cry baby posts from the usual during the teens and emphatic jubilation when into high 30's and early 40's.
Anyone that thinks that SOLG is not going back to 40's again needs their head checked. Anyone that thinks it will be sold for less needs their head checked. Tier 1 assets rarely go on the cheap.
If you can't stand the heat... then take a cold shower and find some other stock to cry about.
Get a grip.
Like yourself . I offer nothing. I also don't suggest a takeover is in the offing and encourage people to buy on the back of the said speculation . As DBW, says , he knows what's coming. Really? Does he?
So would you say that the ones not offering speculation are offering facts?
And what would you suggest you offer?
There are a few people here who post regularly every single day that should just shut the door and leave. All you add is speculation , any of us can do that , I choose not to. You all know who you are , have some dignity.
Why does anything need unfolding? They should have discovered cascabel, sold it, and carried on with exploration . Just like they set out to do all those years ago.
2 massive miscalculations from Nick.
He was very pleased when BHP first appeared on the register.
He would tell all and sundry about it, on his many roadshows. Saying how it gave the company great credibility.
They ultimately have been the root curse of most of our problems.
Secondly the market lost interest and confidence in solg almost from the very day he developed ideas of grandure about becoming a developer.
B- , Mr former ceo ( must try harder)
Not only do i understand the asset but I understand exactly what’s unfolding here …. Clear as day
DbW
The asset is one thing. The company is another.
Surely you understand the difference?
If I own a Ferrari, does it make me a great driver?
Solg got lucky with casabel, it was cornerstone that had the licence, solg got the farm out .
They have been almost incompetent ever since.
Maybe tomorrow then we might get an RNS confirming this offer ,funny all this comes out after today's news
Monte
It isn’t a rotten mess it’s one of the best copper / gold discoveries of the last decade …. If you don’t get that I’m at a loss …. Someone will
This rotten mess is sold soon.
You have a board of directors who have led long time investers a merry dance. They have destroyed value with almost every move they have made. To think there is a suggestion from insiders that DC was sacked to enhance the appeal of the business, barely a year after the same people gave him the job tells you everything you need to know.
Nick Mather spoke of value enhanced exit points for investers to cash in or wait for a ever increasing bigger prize , years ago.
In reality the exit points have been value erosion and a decision whether to bail or take more pain with enhanced loses.
They have also created a delusional subsec who still actually believe the BS and actually think we are still exploring and will become the next BHP.
I would not let some of these directors arrange a tea party at the local bingo Hall.
Hopefully the filling of troughs and options is done ad we can get rid if the whole lot quickly.
Dbw - I wasn't aiming that at you. I am aligned with you on what will happen here. I just think the article is poorly written as it's factually incorrect.
Agreed...