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Red, you fool many here but certainly not me, slug definitely had your number...
At the cheese factory...
One bargain of 300k accounts for 60% of today's volume...
I suppose it could be worse...
Nobody's selling and nobody's buying...deja vu...?
Morning Red.
'They are paying 800 employees and supporting indigenous communities including giving eductaional opportunites and training for women...'
without being pedantic, I think its now up to 894 at last count in the released MDA. which is fine if you are a profit making producer... but we are not... nor are we a charity.. I invested in an exploration company, not an Ecuadorian job centre.
Gamblers always need luck, at the end of the day that’s all you are underneath the BS you post incessantly when you need the price to rise…..
No, riding the wave of gdr
You mean like ISO 9000?
"ISO 9000 was first published in 1987 by the International Organization for Standardization "
Climate change
"In the 1980s, the terms global warming and climate change became more common. "
The UK Corporate Givernance Code
"The Code is essentially a consolidation and refinement of a number of different reports and codes concerning opinions on good corporate governance. The first step on the road to the initial iteration of the code was the publication of the Cadbury Report in 1992.
In 2010, a new Stewardship Code was issued by the Financial Reporting Council, along with a new version of the UK Corporate Governance Code, hence separating the issues from one another. "
Corporate Social Responsibility
"Since the 1960s,[17] corporate social responsibility has attracted attention from a range of businesses and stakeholders....
According to the CSR Journal, the millennial generation worldwide helps propel brands toward social responsibility. Many millennials want to conduct business with companies and trademarks that employ pro-social themes,[185] sustainable manufacturing processes,[186] and ethical business practices."
Back in Ray?
Just unfiltered you mathers to see if you're still talking about me, so now I'm going to stick around...
•¿•
Riddle, MR me,me,me lol
What’s back andywest? I asked a relavent question
Reality bites, as they say.
I agree with you Orthern but that doesn't m ake SOLG's efforts any less worthy...
They are paying 800 employees and supportin g indigenous communities including giving eductaional opportunites and training for women...
What do you want them to do, give up mining, which is hardly a green activity...?
However, they are movingforward with renewables and copper is fundamental to electromobility.
And across at ATYM they will produce 74% of their energy needs from renewables in a years time.
No harm in trying...oil companies have no ESG credibility but ESG is here to stay and we will soon be sorting the good and the credible from the bad and the fakers...
the vast majority of Corporate ESG is just an exercise in greenwashing... Companies, very publicly, patting themselves on the back, dressing up corporate announcements with perceived 'on trend' buzzwords and phrases... along the lines of 'sustainable' or 'Inclusive' the public see through it, but companies feel the need to go along with it for the purposes of general perception... and fear of the twitter mob..
You only have to take a look at the Aramco website to see it... the Largest oil company in the world, with a website that's all about its 'promotions of biodiversity' 'climate challenge' 'The Aramco and Aston Martin Racing strategic partnership'
they are even promoting their coffee plantation work... like Solg...
'Jaber planted his first coffee trees at the age of 25, but found it hard to make a living. Now in his late forties, he’s benefited from an Aramco initiative to support coffee farmers and has dreams of selling his coffee beans around the world.'
Not much mention of their actual drilling oil... which pays for all this Greenwashing
All quiet at present but at least the SP has stabilised for now, a nice buy of over 300k shares earlier positive. ..
We need to push through 16.50 and beyond...
https://www.kitco.com/news/2022-10-04/The-important-business-reason-behind-ESG-Triple-Flag-Precious-Metals-Shaun-Usmar.html
Despite environmental social governance (ESG) finding less favor with some due to the current energy crunch, good miners will continue to embrace the framework in order to maintain standing in the communities where they operate, said Triple Flags Precious Metals CEO Shaun Usmar.
Environmental social and governance has fallen in favor with some attributing it to higher energy prices due to less investment in oil and gas. Usmar said ESG is partly about a company's ability to maintain its standing.
"For us what it's just good business. I think any serious miner...is focused on sustainability. You have to take care of your communities," said Usmar.
Nice one rcgl...
Well done Lunch.
I share all the research I come across and while I am not looking for a pat on the back, a bit of debate would be great.
I know the two foci on here are takeover or funding and in those matters we are in the hands of 1 outside parties and 2 management.
But whetehr or not Solgold survives as an independent entity, the stuff about gold and copper is highly relevant.
Even if we get taken over there will be the decision as to how to reinvest.
In my own case I will likely either be banking the cash pending the final market correction or, if that has already haopened or things look rosy, will put most if not all into high yielding blue chips of which there are plenty.
If you want to reinvest at least part in copper and/or gold, there's ;plenty to choose from. I was lucky that by the time I had made the big bucks in ATYM somebody on another Board had already tipped me Solgold among others.
Plenty of those were small juniors that I either dabbled in or ignored. The only one I've stuck with is JAY, which I'm temporarily out of but will buy back.
None of this is a recommendation, but merely a discussion of general considerations.
There is a lot of money to be made and a lot to be lost as most of us realise.
The Brent Cook interview below would have you avoiding Juniors in general, even some with a MCap of $1bn (remember those days). He mentions block caving and development periods of even 15/25 years.
So in conclusion my core strategy remains the same:
Focus on copper and gold, ideally Tier 1 projects or established producers, both in stable environments.
And if I'm lucky enough to make the big bucks again, invest for the future in high yielders and not spend most of my days researching, reading and writing posts.
Good luck all and as Lunch says, lets have some more constructive debates rather than petty squabbles...
rcgl2, for where we are right now, the financing is most important.
My limerick would ban me forever! Well below the belt! So excuse me on this one! LOL!
Oh god. It's back!!!
It's been such a peaceful couple of days
Lunch, I have tried to post a bit less as of late because of the state of the board, but also because I believe the latest MD&A (which I have read) isn't really worthy of comment.
I don't expect the company to fundraise before the AGM anymore (if they were going to raise via equity it would have been done by now and I don't think a royalty agreement is on the cards). I think management are planning on pulling a rabbit out of the hat that will change SOLG significantly. It may cease to exist altogether. This is why I think the latest doc is essentially moot.
The company and its major shareholders are far too quiet given the difficult situation we find ourselves in, to the point of borderline negligence. Something will budge over the next few weeks. Shareholders will likely be given something to vote on and at that point we can take stock.
I do continue to read with interest your factual analysis.
There once was a guy called massive, who came to solg to challenge the masses, they thought he was daft but he had the last laugh, as he walked away with a glee.
On Solgold we all took our punts
But the Board of Directors are...
...investigating a number of strategic initiatives to provide the Company with funding options.
The silence is deafening . I have business to attend to , so the floor is your RK. Will ask you again later. Have a great day.
C'mon Lunch , where's your limerick?