Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Good post Lunch
Totally agree . Whole sector is having a tough time.
Perfectly happy to sit and wait though I think it’s nailed on something has to give before the next AGM and one way or another we’ll need a cash injection before too long .
This is getting to be like XEL, where we had this enormous oil field - and then nothing.
LunchMoney - you aren't a Trump supporter as well are you?
Z
The problem bubble is you have been posting that same message for the last 4 years… there are now an extra 500 million shares in existence over that time. And we are rapidly approaching the point where we need money… we have already slowed right down to try to save what little cash we have left….
Solgold board seem to have this weird position of owning one of the largest, most exciting discoveries of the last 10 years, a portfolio of opportunities, but dont want to monetise any of them….. the board are like an old age pensioner living in a squalid little house, with a basement full of antiques, but because they can’t bear to lose them, they keep them locked away while living on handouts…
RICH3R,yes I think a bid or j/v will happen soon imho
Sean cheer up mate, June has indeed come and gone but so what? It might happen in July or August? I do remain confident that a bid or at least a JV will happen soon - and probably directly after the SP has been taken down ? As far as I’m concerned, I’ve been in this share far too long to be ‘out’ or partially out when it hopefully happens. I’d kick myself more in that scenario than I will holding at a lower SP. But it’s everyone’s choice how they see and play this game. Atb
Quady NM has always stated for over 10yrs he would reward all shareholders, explore then sell it like he has a history of doing for the best value to shareholders and institutions I don't think he was talking about Solomon Islands!!:):)
Waiting for the inevitable 25p...
Have a good weekend all..
Zoros, guilty mate. But I really did believe it. Mainly because the alternative is too much to bear - that we will basically be keeping hundreds of people protected in well paid jobs for the next 15 years while they happily dilute us into.oblivion.
Solg was on AIM when I first invested, but it all feels no more fair or safe for the small investor this morning. Buckle your seat belts - I don't know where we're going but we're on our way, and it's going to be a very bumpy road down into the underground.
Morning Quads.
Solgold is not taking Cascabel through to production as we do not have a pot to **** in. As previously noted the only way of getting to the ore body without 3rd party assistance, is if you & the Children of Solgold get the pick axes out.
If I had evidence of a bid - a bid would already be in the offing. However, if you look at the list of our investors it is plain as day to see there are several interested parties - many of whom are fully versed in large scale mining.
Like it or lump it a bid will come.
Damers.
Damers, Seriously.
Solgold have stated they have had no one approach them and that they continue to production.
If you have any evidence for a bid them show us.
Lots of evidence that we are going to production. It's in every presentation for the last seven years.
It seems like to me that the BOD have been getting their ducks in a row (new CFO / remuneration policy / increased focus on Porvenir) before a take-over bid for Cascabel or a JV for this concession.
As previously suggested if SOLG is bought out it will still exist under an umbrella Company. This would mean that the new appointees (Cuzzubbo / Saridas) will be taking Cascabel, Porvenir and another 1/2 dozen Mega Mining projects through to production.
The Futures Bright - keep the faith Solgers.
Damers.
Meanwhile 800 people get a regular remuneration from SOLG, the Board handsomely, any jobs going ?
This seems like it is going to drag on forever- another 7 years to production ? Please Solgold gives us some news!
Well said Zoros.
Seanhunter - well you got the gang all worked up these last few weeks, eh? Everyone falling for the 'bid' that never came eh? Posting like they knew what was happening, when in reality it was just another dull day on Solg land. Gotta laff.
Now what is everyone going to talk about until the next false dawn?
Onwards and effing Upwards......
Stay safe
Z
Stay positive Sean.
Every tomorrow could be the red dot day we’re waiting for.
Sadly June is also over, and the bid I confidently predicted hasn't materialised.
Of course there is still hope, but the abyss before us, the quagmire of endless dilution and spending suddenly feels a little more real and a lot nearer.
I didn't follow today's events but I assume the BoD ensured that whatever he'll then lead us into, they will be well renumeration in the coming years.
Not looking good I'm sad to say.
https://latam-investor.com/2022/06/will-politics-hinder-latin-americas-post-pandemic-recovery/
https://www.independent.co.uk/news/ap-ecuador-indigenous-quito-b2113358.html?amp
Great news Daren
Thanks
Excellent news Darren thanks for letting us know
Evening BNC indeed a meaty one there ,norge apparently buying up a few but like you say not seen anything on it ,I just ignore or filter them ,am good hope you are well my friend and pinot not heard from her in a while
Afternoon all. Just for info announced on tv that strike is over, hope its true. 2 weeks of disruption and 6 or 7 dead for 15 cent reduction in fuel prices, how crazy is that!!!
GLA
DK
1.5M £450K Bubbles - meaty one aint it!
bit miffed in the opposing numbers folks say Norges bank holdings are but no links provided.........
thought they tended to invest not trade em..............
mmm
trust ur well m8y
hope u ignore those a-holes that r rude - they aint worth it!
ttfn
bn.c