The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Thanks Gino
There's a guy on CEY BB called goldgnome who's always worth reading. This is an extract from something he posted earlier.
'The gold mining industry will need more mergers and partnerships to dig up harder-to-access (deeper, more difficult jurisdictions) deposits in an environmentally friendly way, according to the head of the world’s biggest producer.
“We are seeing fewer and fewer large-scale and transformative gold discoveries,” Newmont Corp. Chief Executive Officer Tom Palmer told an industry conference in Toronto on Tuesday. “Instead, we are seeing lower grades and more-difficult-to-reach ounces.” THE IMPORTANT INFERENCE ABOUT LOWER GRADE, IS THAT THE NEWMONTS WILL NEED LARGER OREBODIES TO CONTAIN THE SAME OUNCES. LARGER OREBODIES MEANS LARGER AND MORE COMPLEX GEO-METALLURGY, WHICH IS AN AREA OF GREAT NEGLECT BY THE MINING FRATERNITY, AND WHERE THE DEVIL IS IN THE DETAIL.
To tap those ounces while assuring the industry addresses “critical sustainability issues” will require access to capital and agility, Palmer said at the Prospectors & Developers Association of Canada gathering.
“There are only a few gold mining companies who have the capacity to deliver on all of these elements: size, scale, mine life and access to capital — clearly making the case for further partnerships and consolidation within the gold mining industry,” he said.
Those who don’t understand such fundamentals “are doomed to be left behind,” Palmer said. “While gold will always exist, not all of us will without collaboration and consolidation.”
This was aimed at gold (of which we have bucket loads) mining, but it must be relevant to some of SOLG's deposits.
Many thanks goldgnome.
Exactly Sean ….. stick to what we know ….. finding the stuff ….. Norges are risk averse they wouldn’t touch this if they thought we were going to try and do it ourselves
IMVHO
13% of total copper and ~17%
of total gold in new major deposit discoveries in the
last ten years
That's what it contains. Getting it our the ground is a different story and fraught with a million risks and costs. Let BHP take that burden from us.
The name of the area to the north of Alpala and Moran (I could not remember) is Chinambicito. Anybody know if we have ever drilled this site in the past?
The PDAC conference is HUGE! Thanks DBW.
Says it all
"Cascabel contains ~13% of total copper and ~17%
of total gold in new major deposit discoveries in the
last ten years"
Norges .... oops
https://wp-solgold-2021.s3.eu-west-2.amazonaws.com/media/2022/06/SolGold_Corporate_Investor_2022-06-15.pdf
Noreges up to 3.97% (from 3.79 in May)
TR1 soon
Thanks DBW...
yes
https://www.pdac.ca/convention/exhibits/exhibitor-directory
Will Lundin will be there DBW ?...... Canadian miner in Ecuador
Eish....we are presenting today at 11.45 Eastern time..... it will be on the website shortly afterwards
Damers morning yes usual early drop before resuming uptrend by the looks of things , lithium has been mentioned as one of the resources in Ecuador I wonder if any of solgold tenaments hold any ,not a geologist but some more experienced my board members may know ,just a thought as the world demand for lithium and rare minerals continues to increase
Is anybody attending? If so, can somebody please replay news from this presentation, please?
"And then I'll buy back when the SP falls back."
Good strategy - this is where I've made nearly all of my profits from SOLG since 2018, when I gave up waiting for a bid and started trading it in the 19p - 37p range. Can't lie - it's the share that keeps on giving, and I have crossed swords many times with LTHs whom I have called broody hens sitting on china eggs. So I am not going to **** you off for your post.
But I and a few others I suspect do expect a bid very soon now, and so you have to accept what I used to accept - if you're out when it lands, you miss the bus and that's it. It was always a gamble, and it always paid off for me.
What you might notice this time is that the board here is not full of rampers and TA merchants who have popped up out of nowhere, pumping and dumping for a quick buck like every single other time we rose above 32p.
Right now the BoD is, in my opinion offering nothing but decades of spending, dilution and delay as well as some juicy renumeration for themselves at the end of this month. By any SOLG logic the SP would be at 19p this morning, and no amount of drilling reports or exploration updates would change that.
So what's different this time?
We all pays our money and takes our choice, so good luck with your strategy, but the big payday has to happen sometime, and there are moments when you just have to try to taste it on the wind. What's different this time should reveal itself soon.
If there are so many market speclations about SolGold takeover, should the Company make an announcement to clear the dust for small retail invstments who usually live in the dark.
Well I hope it’s worth the wait for the update on Porvenir. Hopefully good news is coming.
It doesn’t worry me if no bid appears this month. I’ll like to see FMG accumulate some shares in Solgold, to put the ****s up BHP.
Guys, when can we expect first drilling news on Moran? Is there anything that might precede that? Porvenir MRE2?
Lots filtered messages this morning. I must had upset the resident troll
That’d be nice Nov , happy to hold 35 for now tbh
Agreed Guys, lets see if we can get close to 37p today, if we can then hold onto your hats !!!
Morning Bubbles. A great days yesterday & hopefully blue skies again today..............
Red I wasn't aware that there is lithium in Ecuador interesting
As for liquidity, since when has this been in short supply?
It certainly hasn't in the last few months and the general complaint is that the volume is way too low!
And I'm called a clown???
No wonder I don't come on here very much when these are the ridiculous sorts of comments you get.
Byron, a market maker? I've been in here for longer than you've been a member, you mug.
I will listen to you because of your logevity on here though.
As for the other five minuters, haha yes, ok.
Thanks for your know-nothing comments, where all you can do is **** other opinions off.