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Oh he giving me a chance next !
Quady you constantly quote me out of context so I'm sure you can find several posts of mine defending the right to free speech (within the law)
I'm not giving you the pleasure of repeating myself for your benefit.
I have the measure of you completely.
DBW You should feel very priviledged that Quady has given you a chance to have your say.
one caveat though, you only have the option to " condemn this vile individual for all the hate he posts on women, ethnic minorities and far right extremist propaganda."
Quick before the Archbishop changes his mind ( rollong eyes emoji)
Your right on one thing Jezzoo I hate rac.ism , people who hate women, and people who spread hatred of the poor and disadvantaged through extreme right wing propaganda. your right these are things I don't like and I draw a line in the sand.
Maybe now you can express yourself and tell people why you support the Slugs views as your always defending him and his views.
Grow up you lot FFS!
DBW we know your stance Slug is your friend and you support his views.
Let's see you condemn this vile individual for all the hate he posts on women, ethnic minorities and far right extremist propaganda.
Go on you have your chance.
Full of hate ????
Hate is a VERY strong word Quady.
And I notice you used the word disgusting twice in your last post, no doubt to align yourself with Bozi who used the word in their post immediately before. Divide and conquer.
Your last paragraph speaks volumes about your mental state.
I think you hate a lot of things but simply find them disgusting. You need to realise the feelings you have are actually the thing you don't like.
HATE.
Did you notice how Bozi started their reply to me with word sorry ? They disagreed with me but didn't denigrate me.
I have respect for such people as that is the kind of person I strive to be.
And although I agree with slug on the 800 employees, I wouldn't have used the same term as him. However, show me a person who hasn't scratched their bum ever and I'll show you a liar
Bozi
Thanks but trying to stay on topic here seems fairly futile
My thoughts are as follows
The Slug (under his various) guises is clearly invested and very knowledgeable on both Solg and the market mechanics. He clearly oversteps the mark at times and leaves Admin no choice.
Quady may or may not be invested ( I couldn't care less) and knows **** all about anything
He continuously insults and condescends to other investors ... from the last day or so
"Good grief Jezzoo you really believe the rubbish you post"
"Jerry what absolute rubbish"
he has two tag lines .... going to production or diverse book .
Bozi .... surely you must see the refusal to see what's in front of you as slightly weird (we didn't get any money at the fund raising so we can't have failed ????)
Whilst I understand the reasons Slug has been removed time and time again I cannot honestly see a single decent thing Quady brings to this board other than stoking bad feeling wherever he/she/it can
Q, why is it that you cannot resist mentioning my name all the time? Do you have some kind of infatuation?
As for being offensive, that really is a case of the pot calling the kettle black. I'll call you out every time you are wrong - the fund raising issue being the most recent example. However, I also make a point of saying when you are right about things, for example, I agree with you about this slug character.
Thank you Bozi posters like you rcgl2, DartFrog Copperpot and Pinotnoir stick to the facts.
You are quite right I disagree with many on here, yourself included sometimes.
But this vile individual is beyond belief.
No one should have to listen to the hate this individual constantly posts on ethnic minorities, women or his extreme right wing views on the vulnerable or poorest in society who work so hard. It's disgusting.
What is nearly as disgusting is people who blame me for reporting this vile person they support.
People like Jezzoo are so full of hate that they cannot distinguish betwreen right and wrong.
I do also have a go at people like addicknt and redknight as I find them offensive at times and condescending, ( especially when they are wrong they become more condescending ) but I have never reported them as they are none of the things above.
Jezzoo - sorry can't agree there.
The poster in question is quick to make reference to "800 Ecuadorian bumscratchers". That's without any goading or provocation from Quady.
That behaviour in itself is disgusting and not to be tolerated.
I also gather he's had a go at others including myself of late - anyone he doesn't agree with.
If he wants to discuss the SOLG story then he could share the (likes of) pertinent stuff that DBW has this morning, but with zero discrimination of fellow posters or employees of the company.
Good point well made Bozi, I understand what you mean but the poster in question has returned and posted several SOLG only posts only for Q to call him out or goad the poster into reacting in a bad way.
Q knows this and uses it at every opportunity, he does it with me but I don't bite so easily ( although I do bite, I'm not one for taking c rap from others whoever they are)
The poster in question is well informed on the subject of SOLG and if Q gave him a chance this whole thing would blow over.
It would be great to get past this and get back to the SOLG story.
Lol even I don't need glasses to spot that version Jezzoo
Cont …
in its territory to indigenous communities and nationalities, Montubias, Afro-descendants. This has not been done due to lack of law. The companies carry out social responsibility work (information, communication and socialization). This does not replace the role of the State. However, it is important to emphasize that prior consultation does not represent a veto power; It is not asking the population if it allows or does not allow. In other countries such as Peru, prior consultation is carried out according to the parameters set by the International Labor Organization (ILO); that is, as a mechanism for citizen participation to inform. The economic future of an entire country cannot be consulted in a community. We would not only be contravening the Constitution; but also the principle of authority and sovereignty of the State.
Q. Are popular consultations the solution to resolve conflicts with those opposed to mining?
Local popular consultations cannot contradict the mandate of the Constitution. It is clearly established that mineral resources and their administration are the responsibility of the State.
The mining industry is not against regulations, controls and monitoring. What it asks, like any industry in the world, is that the rules of the game not change once the projects begin. Having a popular consultation in Quito is terrible because if what we want is to attract investment, for dollars to enter in a clean way to invest in social and development issues, a local consultation drives all that away.
Mining can coexist with other economic activities. The La Plata project in Sigchos (Cotopaxi) is carrying out an agricultural project so that the people of the area begin to grow competitive crops. They do it hand in hand with international organizations because the idea is that when the mine is finished, the populations are consolidated and have development options.
Formal mining does not displace populations; nor does it throw mercury into the rivers. Mercury is not even used now. That only happens with illegal mining. The amount of water that enters a mining project is that allowed by the environmental license. It is monitored and recirculated. In the end, it is treated before being returned to the ecosystem. (JS)
“We must all work for a better country. But, for that, a real development alternative is needed. You need money to face child malnutrition, poverty, unemployment. That money has to come from a sustainable source like mining.” María Eulalia Silva, Executive President of the Mining Chamber
End
Cont….
Q. How can mining be prevented from making the same mistakes as oil?
The country owes much of its development to oil. However, much of that development was not seen in the poorest areas. I don't think it was a problem of the oil industry, but of how the State distributed the wealth. It must be taken into account that the oil industry was developed 50 years ago. Today there is a greater exercise of citizenship and two years ago, Ecuador is part of the Extractive Industries Transparency Initiative (EITI).
The Mining Law clearly establishes that 60% of the royalties have to go back to the areas of influence. Fruta del Norte and Mirador have already paid advance royalties of more than $165 million. That means that at least $90 million should be invested in the areas of influence. That is not up to the industry. What you have to do is pay and you already paid. Mining is the most sustainable option to replace oil wealth. If there are things that go wrong, solutions are sought; but the door to an activity with potential is not closed.
Q. How to deal with the fact that legal and illegal mining are often put in the same bag?
Illegal mining affects us all. Enormous environmental liabilities are created and drug trafficking mafias, extortionists, human trafficking, hitmen are involved. Illegal mining also affects formal ones due to a reputational issue. In a country where industrial mining has only been in operation for two years, people hardly know the difference. I am from the generation that still remembers the shots that appeared on television of Nambija. Shots of small children carrying sacks of stones. So, it is assumed that mining is Yutzupino, Buenos Aires, Zaruma. But nothing to see. The formal mining we are talking about is luxury. I was last week in Fruta del Norte, and they only occupy 8% of the concession territory. Everything else goes to conservation.
P. What is expected of the dialogue tables between the Government and the indigenous movement?
Hopefully the dialogue tables become an opportunity to do things right. This dialogue cannot go against the Constitution, legality and common sense. If what you want is to satisfy the social demands of communities, then you have to give those communities an alternative.Stopping mining is not an alternative. Not only that this would imply a series of legal contingents, which the country is not capable of dealing with; but above all that an option for development and improvement of their quality of life would be taken away from indigenous communities. One of the main criticisms against formal mining is that it does not comply with prior consultation. Who is responsible for this? Prior consultation is a duty of the Ecuadorian State, not of the mining companies. The 2008 Magna Carta establishes that it must be done in areas where extractive-type projects are planned and that contain indigenous, Montubio, Afro-descendant communities and nationalities in th
The mining industry is a sustainable alternative to meet the needs of the country.
María Eulalia Silva, executive president of the Ecuadorian Mining Chamber, explained that the development of formal mining, with all the controls and legal requirements, is a sustainable alternative to meet the country's needs.
If not promoted, a significant source of wealth would be turned over to illegal activities. Thus, the debate should not be whether mining is allowed, but what type of extractive activity we are willing to promote as a society.
Q. How much has mining really grown in the country and what is its impact?
For the second half of 2019, the two industrial mines begin to operate. Actually, 2021 was the first full year of production and it was predicted that we were going to end up with $1.6 billion in exports; but we were wrong. The final figure was $2.1 billion. For 2022 we will see how we finish, but only in the first semester $1,400 million were registered. This is achieved with only two industrial mines. The contribution of small mining averages 25%. The Spurrier group carried out an economic impact study which establishes that, if only the twelve most advanced projects materialize, exports would be generated for $176,000 million in 30 years and more than $44,000 million for the State.
Q. How much of the mining potential has been discovered and exploited?
We are exporting copper concentrate, gold concentrate, doré bars, and some silver. The real potential of Ecuador we still do not know. You need to explore; open the mining cadastre and grant concessions to serious companies. With less than 8% of the concession territory, world-class deposits have already been found. For example, Standard and Poor's determined that Cascabel, in Imbabura, is the second best deposit found in the world during the last decade. We are just scratching the surface, and with that wonderful things have been found. Ecuador can become an important participant in the fight against climate change. There is no ecological and energy transaction without minerals. The country has those resources and can take advantage of them.
Q. If the impact is so great, why does mining have so many detractors?
Those who are opposed to mining are less than they seem, but they make more noise. You will not find people who go out to the streets to demand that they want mining. Through a perception study carried out last year, we determined that 75% of the surveyed population said they agreed with responsible mining. Selling an anti-mining speech is very easy. Selling an idea based on fear does not require much thought. The vast majority of opposing voices have a personal agenda.
Jezzoo - the individual in question is more than welcome to contribute to the discussion but when they are creating profiles named 'AxeWound' and every post is laced with abuse about other posters then they get censored.
They have nobody else to blame but themselves. It's not Quady's fault and it's not the fault of the admin.
They could create an account, post about the order book, trades, research etc but they don't.
So please don't blame other posters for their repeated erasure.
One other thing I've noticed about Quagi is he takes other poster's arguments and reinvents them as his own.
Not immediately of course, he waits a suitable period before using anothers ideas.
He also plays the divide and conquer card by praising the on topic post of anyone who agrees with someone he doesn't.
All the traits of a narscisssiit. ;)
David are you saying posters should not be removed for rac.ism, hatred of women, far right extemist propaganda.
For the record, this is the only poster I have ever reported. We used to have a poster on here called Earthling, he gave me abuse on a daily basis, but I never reported him because I am a true believer in free speech, and because how ever much we disagreed he was never any of the things this vile poster is
Please don't make up that I report posters because I disagree with them.
That is just not true.
Very good not2sure.
I think the way the next fund raise happens will further indicate what happens.
Let's say we get another offtake, or shares issued below, or shares issued above current price. I don't believe we are a mature enough company to obtain funding by loan. But that will come at the end of DFS. We won't need to go to BFS to get that far. Sure the BFS will still be required. But as I said back in 2017 it will be the DFS that starts to move things forward. Not sure that the share price will respond immediately. But it will be the start in my opinion.
I have to add that last bit these days, as so many people on here don't understand that anything anyone posts is opinion.
All the best.
Haha I know only too well ..my kids could not believe the size of font on my phone so I only get a couple of words per page and that is with glasses !
Not2sure LOL !! I know !
I need to get a pair of reading glasses that I can see through clearly, but in the meantime I'll just increase the font size !
Quady: You are deluded, seeking to blame admin for removing posters. How do you think they would be able to consider the removal of a poster if it wasn’t for people like you reporting them in the first place. But, you are never wrong are you?
Would that be the next attempt at raising or the actual one Quady ..only joking !
Lol Jezzoo whilst on the subject of grammar and spelling correction there were an awful lot of ssssss's in narcissist !
Good morning LunchMoney, I don't believe we have long to wait for the next finance raise. Could be anytime now.