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"Red of course I think we have progressed.
Do you think we haven't?"
Frankly no...I think we have progressively regressed as follows:
Wouldn't that amount of progression have been recognised in the Share Price in a well run company...
On 25 May 2017 the SP hit 46.5p...that's DOWN 52%.
The COPPER price was $2.57...its now $4.37...thats UP 70%; the GOLD price was $1244; its now $1786, that's UP 44%
Since then we have had Porvenir, Rio, Blanca, Sharug, Tandy, Aguinaga and the Alpala PEA...
On 30 May 2017 Nick Mather said: "SolGold has spent three and half years and $47m on Cascabel, and now has a defined copper gold porphyry exploration blueprint for the application and operation of efficient exploration programmes for world class copper porphyry mineral systems throughout Ecuador.
We are applying that blueprint throughout the Nation, on 38 new granted licences covering 14 new porphyry centres, and there are another 8 areas we are targeting. Ecuador's underexplored status, the prospectivity and the upside in the copper market all present SolGold with an extraordinary opportunity to grow the Company into a copper resource explorer, developer and miner of global significance. We believe that there is potential in Ecuador for several projects that will ultimately match or exceed the Cascabel project"
On 20 November 2018 Mather said: "The Preliminary Economic Analysis (PEA) is advancing and Feasibility studies will follow seamlessly. Our aim is to fast track towards development."
On 20 May 2019, announcing the PEA with a payback of 3.5 to 3.8 years, Mather said: "Over the period to the end of 2019 when SolGold aims to complete the prefeasibility study..."
And here we sit at 22.5p....all of that is down to the 'Old' Board....
There still isn't a PFS at least 2 years after its promised date, because as soon as the independent Directors were appointed, it was patently obvious to them that the draft PFS wouldn't fly, requiring another year's work...
My case rests....
Shi t wright - incorrect it IS other people getting him deleted....trust me, I'm a vicar.
Z
Slug, it's not other people who get you deleted. It's not abiding by the board rules
Zoros nope I'll keep going thanks better being positive than talking the drivel you spout out day after day
Yep Z. I'd vote to get rid of your funny timelines first.
Setting your alarm for the premium bonds prize draw is more your cuppa I'd say.
The problem is Z we would get the same old people back just with new names.
RedKnight - thanks for your kind words. I would post more on advfn but it is soooo quiet over there! Funny how you replied to me as I thought you had filtered me.
PS: James Bond is still well and truly dead by the way :)
Z
Wish there was an AGM for this forum. We could all vote everyone off the forum and introduce a new breed of solg investors. Like Solg, this board needs a fresh overhaul.
Z
Bubble please try hard to say something constructive rather than the same old same old day after day month after month, year after year ffs!
Z
The future is bright imho just patience needed and lots of it tbh recently !!
Smickster,
Spot on, but some people have short memories or another agenda, stay with the ones who have made Ecuador a solid base with the government backing them.
Who wants to vote for dirty tricks, back door influences and massive dilution at who’s cost, wake up people, they must want all these resources or why would they bother?
The board are fighting on all fronts, they will have my votes and I wish them well
Atb
Red of course I think we have progressed.
Do you think we haven't?
I'm not basing this on the sp.
Every step of the way there has been doubt on these boards yet here we are.
Funded and still getting funds
Massive deposits at Cascabel and regional also lookimg good.
Company growing and changing all the time
Lasso looks to have stabilised Ecuador
Great news coming
The list goes on.
Does that mean I'm happy with sp - No
Does it mean things could of gone better - Of course
Could things still go horribly wrong- Of course they can.
What about the lack of performance since May 25 2017...?
And do you honestly think we're any further forward right now, given that each piece of news is received with a yawn...?
Gino I'm well aware of this however the fall last week, months and year are not solely the responsibility of the board as some may suggest and I'm just pointing out how ridiculous this idea is.
smickster:- 'Also the sp is up almost 5% so he must be doing something great.'
It's up %5 from Friday's virus panic low, nothing to do with BM.
BTW, has anyone noticed that Omicron is an anagram of Moronic?