Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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1984 totally agree re Jiangxi
Saw this table earlier re some of the biggest copper projects in the world and the difficulties they’re having developing them.
Cascabel less impacted than many
https://twitter.com/wmiddelkoop/status/1740432436042060192?s=46&t=XX3-iZapJ1HaXMFlnE7nKQ
Is it the green box galah back? Asking for a friend.
It’s just yesterday the green box galah kept disappearing into thin air! Thought I wouldn’t get another chance to poke it with a 💩 stick .
HNY and let’s get this 💩 sold!
Covgas. Your earlier post.
"Eloro you're genius , who would ever have guessed it would retrace after a 37% rise? Well done."
To answer your question
Bbg, rk, padmaster and one ore two other clowns didn't see it retracing. They wet themselves with excitement.
On another notr you told us,
"We can all see what's going on"
Please enlighten me. I must of missed something
I see why you think that and it’s totally rational, however I believe the same short termism/knee jerk culture that is disabling the west recently will be the avenue to an earlier bid.
It is going to dawn on them There’s a metal shortage shortly after it dawns on them they need to slash interest rates and you will see a feeding frenzy for assets
I think Jiangxi are smart enough to move before this
"They simply don’t want to admit it’s for sale. That’s all the ongoing SR is, a smokescreen"
Mostly right, I'd say. But probably not for good reasons.
Look at the logic.
We're desperate to sell and we know there are very interested buyers, who will happily pay what it's worth, because it's only going to be worth more later.
Except there's one thing missing. Nobody genuinely knows the money numbers, hence you can't give it a definitive value.
We're miles away from a sale, imo and as the market comes to realise it, so I'm fully expecting to add more at way lower prices than it is now.
I firmly believe we'll get our payday, but it's at least a couple of years off, imo.
Come on anon, you’re not that thick. What could a strategic review involve? How may permutations of strategies are there for a junior explorer with no cash and a low share price?
If it took three monkeys with a tray of tea and cakes an afternoon to decide which way to go then I’d be amazed
They simply don’t want to admit it’s for sale. That’s all the ongoing SR is, a smokescreen
"What are the tea leaves saying lies in wait for 2024?"
I'll go with what I predicted last year and the year before: no sale. What might change my opinion is a proper DFS, let alone PFS3.
Why anyone is expecting an imminent bid when we are still undergoing a ridiculously long strategic review is another reason. What's it going to cost to finish these requirements?
Another £30 mill? So another placing, sooner than we'd like, imo.
Meanwhile, I'm making money buying and selling the massive volatility, just as I should have done since I first got in here. I do keep a core holding, because you never know, but I honestly don't see anything happening for precisely the reasons that we're about to be bought out have offered.
I can't think of a better time to throw a low-ball offer in. Metals massively expected to rise, a big seller and sentiment on it's ar*e. Ok, the ultimate buyout price wouldn't reflect the current SP, but it surely justifies a good time to go.
We need way more certainty than we have at the moment before anyone will be will ing to cough up any serious dough, imo.
So another year of nothing, meaning we're having the same old conversation with an even lower SP because the market is even more bored than it is now, is my prediction.
That apart, Happy new year everybody. It's all a game :-)
Eloro I agree , but c'mon , spread some cheer , you are so negative. We're all in this together. We can all see what's going on.
Happy and prosperous new year to us all.
No Covgaz, the real genius here is Lord Braggart who was beside himself with glee at the sudden SP increase, he posted:
"Holding above 11.20...new support level...?
12.50 then 14 next targets..."
Now, that post was a brilliant display of a genius at work:)
46 of the last 50...
just watching Rick Sprotts end of year report...ranting about the scale of naked shorting of everything...
2025 looks possible. No one is moving anytime soon for the same reasons they haven't yet, and were never going to in 2023. Plus the SP has plenty lower it can go. The amateurs on this board don't understand m&a or solg (for proof, see for and red's near-constant references to other buy outs that are cheese to our chalk) so I'd ignore them when they claim it's sooner.
As with all of my investments (bar a couple of cars) I'm well up here and in no hurry to close. That's the nice thing about having an income whilst investing- I can wait. Red is old and clearly sick, well down and desperate for an exit. Fort is a wannabe trader who can't decide when to ramp and when not- my guess is he got carried away during lockdowns.
Stackhigh, you were right in your predictions last year, but as Bozi points out that's in part due to things that were totally outside of the board's control, e.g. commodity prices falling, Ecuador going to the polls. Things are taking longer than management and their bullish advisors would have hoped for this time last year. Hopefully you put your money where your mouth was and either shorted the stock or managed your position accordingly?
What are the tea leaves saying lies in wait for 2024?
Stackhigh - you never did say why you were confident of no developments in 2023. It transpires you were correct, even if there was a large dollop of fortune in that call.
Last year saw commodity price lows and on another day that might have been enough of a tempter. Maybe you were just too smart and you knew that SOLG would be pushed into producing a new iteration of the PFS.
SM- was I best ignored last year when, in the face of a lot of tosh about an imminent TO, I confidently and accurately assured everyone there would be no such TO in 2023?
I may be a thorn in the side of rampers like Fort and liars like slug, but I'm not a simple troll like NAL. I understand the company and the sector, and what I say comes to pass.
Eloro you're genius , who would ever have guessed it would retrace after a 37% rise? Well done.
Rk1 - cheers
It won't be long before we read that Lord Braggart had skillfully took his profit before the inevitable retrace which I indicated would occur. For that post, he filtered me:)
Yesterday when I took a brief look a huge chunk of the trades were A trades.
The board today is frothy even by its own ludicrous standards. We are up around 50% from 7p, which from memory was about 2/3 weeks ago. Best advice is to ignore the rampers (Red, BBG) who are totally clueless, and the derampers/trolls (Stackhigh, NAL) and wait for some news that will hopefully give us an idea as to what, if anything, is happening behind the scenes.
Better times ahead, we hope.
When he's not failing to ramp with ellipses, Red's reminding us that he doesn't understand how trades are reported. I've explained it to him at least twice before. It's not that hard to understand: even slug once agreed that my explanation was clear, and he can barely operate a keyboard!
45 of the last 57 trades...infuriating...
Bah humbug!
Welcome back Schlemiel
Bought some at around 9p though been in and out of SOLG for yonks....Middlekoop seems pepped up and eyeing a corporate event of some sort
"Holding above 11.20...new support level...?
12.50 then 14 next targets..."
This aged well. Do you think red get paid by the ellipsis?
Well they have 160m shares already or 6% ish at an average close to 18p. It would be win win for them should they stick a bid in at 40p and then get beaten by BHP with 55p+ offer. They would make a cool 200% profit. But of course that's not quite the same scale as profits they would make from owning Alpala assuming it developed in risky savvy phases.
I thought the ecuadorian 'leak' a while back was a good indicator of where they think Cascabel is heading as they practically said they had signed it over to the chinese lol! Well... not quite... but Chinese are at the high table and very influential in Ecuador. Noboa would look very good if he signed a deal on a multi billion dollar mining investment in his short tenure. Something has to give as this can't drag on another year surely!?
As does Warren and Bob