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Welcome back CD
If that is the case - Welcome Back, CD!
Come on Z - surely you know that Fortissimo is the poster formerly known as Colonel Drake?
Blackrock
Fortissimo - you’re new here but I find your posts constructive and illuminating. Thank you.
Meanwhile back at the ranch the SP went up in line with barrack buying now they’ve stopped, so too has the sp.
Operations normal now.
Z
Its normal market reaction to shake out the greedy little buggers making fat profits .
Buy on the dips !
It has been well over a year since SOLG announced opening the doors and data books to strategic partners on grass root licence blocks as well as some more advanced concessions. Is 12months+ too long to sit for such deals? I would sit on the fence on that one. I think they will unveil a plan along with JV deals soon. EGM next week, then news flow starts again. Looking at past EGM's and AGM's SOLG do seem to have a habit of releasing some good news before the event. Moran update perhaps?
All that is required here is the smack of firm government. A whiff of grapeshot will sort these scoundrels out.
Fort, your last sentence is interesting. We've been trying to flog/jv some of our concessions for a long time now and despite being told there's significant interest and deals are about to announced, absolutely sod-all has actually happened.
It's this type of announcement that has historically led to a great deal of cynicism and I'd rather hoped we'd seen the back of it.
Don't believe MM tree shake comments
Fortissimo totally agree there
Up she goes gla!!
There have been over 40m or more shares traded in the 34p to 35p level over the last few days most of which after hours or late posted trades.
Follow the money not the share price movements. Share price movements can change very quickly. This could close at with a 10m block trade at 34p for all we know. The mm's have big orders to fill. This has been evident by the large trades and the likes of Norge bank buying up over 22m shares in last few months.
Any stock the mm's can get off pi's is a bonus to them if they have a buyer with big order in at 33p or 34p as per last couple of days.
The protest stuff in Ecuador is good news. Trust me... if you are Barrick, Rio, Codelco and others, then if you can't get new licences then you will have to buy old ones!!! Get it!!??
Tree shake?
Like I said bargain time nearly end of month mms or another playing games for sure this disruption has nothing to do with solgold tenaments imho
Add,
Yep you’re right there, very close to 50/50 buys to sells
Atb
Well I managed to find £2k down the sofa so feel comfortable witha top up at 29.5
wtf ?
It appears mining is not a major issue, very rarely mentioned in articles…maybe no5 on their list it seems it is more of a historic bolt on… 76.4% of Ecuadorians feel strike should be finished once dialogue is over and that the protests are going too far.
Regarding the reasons of the leaders of the strike to justify the mobilization, those consulted say that they know and approve of the following: 29.3% support being against crime and insecurity in the country; 25.7%, lack of employment; 25.1%, the price of fuel; 18.2%, the shortage of medicine and health care, and 3.5% consider valid the struggle for access to education.
A major complaint is there is no work apart from farming in the countryside, legalised, properly controlled mining would help solve this.
Olmedo Ayala, 42, said Indigenous people were "very annoyed with the government.
"We live in economic crisis in the countryside, there is no development there, we have no sources of work, we're just farmers and our women (live off) milking" livestock.
https://www.ecuadortimes.net/76-4-of-ecuadorians-consider-that-the-national-strike-should-end-after-the-dialogue-according-to-cedatos/
Lunch - I'm sure Q will be along shortly to hold his hands up and admit he called it wrong. Just after that pig flies past my window again.
One Friday between now and eternity the price might be 55p, I have hopes.
55p by friday. These protests have been going on for years. It won't stop the mining industry. Too much money at stake.
Normally some big investors reckon there is a better place for their money, so maybe Solgold has run it's course for now. Can't blame anyone in the current market conditions for locking in any good profit too.
The one reason for the fall we can discount is that there's some vast sell-off happening.
The buys almost exactly match the sells.
Doesn’t matter what happens to the sp unless you’re trading, yeh it’s a p*ss off but copper is so badly needed and that’s all you need to remember, gold and silver is just a great addition to Solgold
Atb