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It looks as if we are on the move!
Yep Waccy
They’re obviously not to concerned about the geopolitics
Par for the course
Very nice to see this:
https://www.londonstockexchange.com/news-article/SOLG/tr-1-notification-of-major-holdings/16003292
The Chinese bought out one of my previous "pre-mining" firms (BCN) so maybe that will happen here eventually?
Thanks for asking my opinion Mrtit.
My view of solg is that I will make a profit eventually.
I don't hold with the ridiculous prices some on here think are nailed on.
I don't think the ridiculous claims people make on here help anyone, other than those who are postings egos.
But I firmly believe if we are sold for around the mid 50 p range, it will be the best we can hope for.
I also believe we still have rough seas ahead. But if mather let's the board manage, we should weather those storms.
If the price is reflecting a new bullish view on SOLG, I think we need to reach 21.50 / 22.00 to confirm a sustained uptrend. So with the investor meet event and more buying going on, next week might turn out to be an interesting time and I am looking forward to that.
Prediction: absolutely nothing new. Brushes aside data room Qs to the point you still don't know if anyone has actually done any DD beyond those already invested. Lots of flannel about streamlining and optimisation. Vague reassurances about solg being popular with whoever ends up in power. Repeated commitments to do more of this sort of thing, even though it will prove itself to be an exercise in spin, not substance. And then lay some groundwork to get votes in Dec by joking about how many shares he has tried to buy. This is what any of us would have to do in his position, and anyone with any experience here knows this.
No need to jump on this and accuse me of negativity - it's my honest opinion. And you won't have to wait long to see if I'm right. If you disagree, come join me in nailing your colours to the mast: tell us what you're expecting, and if you're right we'll all be impressed.
Agreed and I wouldn't be surprised if they don't say anything more than what they already told Darren one-to-one and what was in that recent MJ article. All of which was extremely interesting, but I'm not going to hold my breath for anything ground breaking. They are doing this meeting as a result of Darren telling them they need better comms with PIs.
Fort - what if the good news is that we are going to commence developing Cascabel via open pit.
Will put a rocket under the SP....
Fort - I it's a live presentation with pre-collated questions.
Stop trying to spin the presentation as a precursor to a news event.
Had there been a live QA I might have been of a different mind.
Signed up and submitted 3 straight questions about how active is the Data room, target valuation and their expectations about shareholders in the very diverse book.
Scott seems a bit less cryptic than his predecessors, but perhaps it's just his enthusiasm and a sense that he does not need to stay in the weeds for too long, so it might fade if a sale does not happen soon.
GLA
It would take a brave man to do an investor meet like that and not have good news or something bullish to spin. SOLG don't normally like doing investor meetings unless they have good news of course.
New website launch coming over the next week or so. Looks like we might be about to get some clear direction at last.
With, not without
Signed up and questions posed.
Meanwhile, back at the ranch - thanks DBW for that find, interesting reading about the background to mining in Ecuador. I don’t think the company being interviewed would be interested in Solgold because it says it’s after a SME without a much lower capex and also one which is “easy to mine”…….. aren’t we all!!
Z
I just received an email off Investor Meet Company about the meeting with a link to accept.
DBW, I think addicknt meant the website of 'Investor Meet Company'. There is no event either even though the RNS points to them as the organiser.
DBW, sorry, I was referring to the investor meet web site, not ours. Should have made it clearer, but I'm sure snowman is right.
In any event, will it contain anything new? I suppose we may find out exactly what's been happening on the ground, but will he answer questions about the SR? because that's the only thing I want to know about.
One other observation: These online events are fine and dandy, but they are no substitute for live questioning and direct interaction - the same applies to the AGM. The CEO can pick and choose what questions he wants to answer without fear of being interrogated about his response. In other words, he can easily dodge answering anything 'difficult'. Who can forget the 'Remove Mather' AGM, when Twigger behaved disgracefully by not only refusing to field ANY questions, but he didn't even bother to provide the traditional annual report. It was shocking behaviour from a chairman and he should have resigned.
Add ….. totally new website in a couple of weeks
I assume the event will be added in the next few days. But would have been nice if it was there the same time the RNS came out.
The web site states "no upcoming events".
“ BNamericas: How do you see the prospects for mining in Ecuador?
Bureau: Very good. Having 4-5 operations licensed in the coming months – two already operating [Fruta del Norte and Mirador] and three for construction – changes everything.
Curipamba will also start construction soon. Also coming is Loma Larga of Dundee, a company that is redeveloping the land and has a fantastic track record and team. Loma Larga is one of the projects that we’ll see in a short time.
With that, the whole scheme would change, since mining would be the second export product, and it would prepare the country and the land for projects at another level.
What is coming with Cascabel, Ruta del Cobre and Warintza, which are global-sized projects, is very good because the country can change, as Minera Panamá did in Panam”
https://www.bnamericas.com/en/interviews/atico-on-the-prowl-for-a-new-mine-in-latin-america
Adic, it would be rude not to respond to your need to support Mrtit, and accuse me off lying. Gives me the chance to continue on the board. Both you and Mrtit are on record posting exactly what I said. If anyone has the stomach to go over your historical posts, your words are there to see.
Very few posters on here didnt rip irwin apart when he outsmarted mather. And you were not one of them.
Now the fickle gang hang on his every word.
"The copper industry is seeing a wave of deals amid surging demand and tight supply of the red metal that is anchoring the global green energy transition." END
Yep, M&A swirling around the bigger players right now.
https://www.reuters.com/markets/commodities/first-quantum-shuns-barrick-golds-informal-takeover-offer-bloomberg-news-2023-06-15/
Who wudda funked it.... Barrick after copper. Mmmm!
Interesting potential transaction Barrick looking to acquire First Quantum. Important point here is that Jiangxi is a 20% shareholder in First Quantum. They would be around 7-% holder in the combined entity. Could easily dispose that to fund the development of Cascabel. Right now it is much more difficult from them to divest a 20% stake in First Quantum. If that deal between Barrick and First Quantum happens I think that could be a positive read across for Solgold.
Yep. Well done SOLG. Now get out there and deliver a positive message that people can get behind.
Well done DG1, seems like your lobbying has paid. There is simply no way the management will would be organising this unless they had positive things to say. Keep the faith all, life is short and there's no room for negatively. C