Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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David. if you go back over bbg or dreamboats history from 5 or 6 years ago.
there saying exactly the same today, nothings changed.
as for novice. I'm pretty sure he hasn't held for as long as he says, so maybe a couple of years with him.
but also exactly the same as what he was saying then.
they think if they get something wrong, keep posting it, and it will come right.
ByronBayGold, Novice, and dreamboat, I recognize you guys from a while back.
Whats the deal with SolGold these days?
What happened to all the takeover talk when Nick Mather was CEO?
This company still hasnt been taken over 4 years later?
Been holding for 6 years. Lesson Learnt
1984. it's not the journey mate. look at my posts. I'm one of the few on here who understands the journey.
it's the clueless clown passengers on the journey with me that's the issue.
like my grandkids before a camping trip. overcome wiith excitement talking about it before we go. then in the back of the car. asking how much longer every 10 minutes, and squabbling amongst themselves. the elder one knowing it will take time, and the youngsters making up all sorts of reasons why we should have arrived.
I just tell them, all good things, come to them that wait.
and that no amount of wishful thinking alters anything
Need a shyte…just sell your shares and eff off if you don’t believe in the journey. You’re an absolute clown
One day fella you'll actually hopefully getalife.
Until you do , just keep making hay here , we don't mind.
A sad situation , hope I don't end up like you.
Good luck old boy.
Much agreed HFM , I just comment for my own sanity.
****
Woke this morning expecting to be a millionaire after yesterday's excited chatter.
Bugger me, sp still below 7p,
What do we think is stifling the sp.
Is it the money markets complete indifference.
If so why?
Is it the unrest in ecuador?
Is it, that others have done there own due diligence, and disregard the 4th solg pfs?
Is it because mather is hard to deal with.
Is it because mather took on the big boys, and there exacting revenge?
Is it because we're in mothballs, and even blind freddy knows, it's only a matter of time before we're a distressed sale.
What is it people who matter can't see, don't they read this board.
We've got billions in the ground
As adikt has said, Ecuador is prioritising us and the board under scotty boy are doing a Stirling job.
We've any number signed nda.
The data room has had to build an extension
The Chinese, Barrick, fmg, bhp, newcrest, rio, I even read on here Walt disney, are in advanced discussions with us.
Can one of the many on here with contacts in high places, get people to read this board.
Or better still, give some of us experts on all things a non executive roll on the board.
Solgold is main market not AIM but it’s clear as day from L2 there is a manipulator in town
Its likely just due to pure nervousness around the cash runway Gaz, but honestly wouldn't surprise me if this was being played as aim is like the wild West and the money men involved here know what they're doing. Illiquid share with sticky holders, wouldn't take too much thinking about to drop the ar5e off it to get a low starting price for bidding to commence. I'm of the opinion true value will win out in the end so despite being well underwater here like a lot of us, I still belive we'll walk away being we'll rewarded. Time will tell. C
It’s pretty odd we’re below 7p without any excitement with $240bn in metal In one asset alone
The disconnect is ridiculous, it won’t last for ever
It's pretty odd we're still below 7p with all this excitement?
Fort - our recent agreed mou means nothing to be honest.
Its a useful intention to define the parameters of our power source and needs however the main intention of the mou is to force hands of parties also interested in dictating the infrastructure development of Cascabel.
BHP is a passive investor so they wouldn't give a hoot these days :)
Barricks recent tenement acquisition of 40k ha makes sense if they plan to only acquire Cascabel or Porvenir.
They wouldn't acquire 40k ha of tenements if they plan to acquire Solg which comes with another 3,500km2 of assets.
Barrick have recently secured land from ENAMI
On September 19, 2023, ENAMI and Barrick International Ltd. entered into a Commercial Agreement by which Barrick International Ltd. comprised the investment of US$100 million for the exploration of 40,000 hectares of geologically interesting areas, with a minimum initial investment of US$27.5 million.
https://www.dentonsmininglaw.com/agreement-to-promote-investment-in-ecuadors-mining-sector-in-association-with-the-national-mining-company-of-ecuador-enami/
Apologies, found it. 🙏
Where's this Barrick roumer come from then gang?... anywhere even remotely credible?
odd is an understatement when you view the last set of rns's and today's potential link with barrick.
so... first we get rns that solg have basically given the chinese a seat in our boardroom with non exec appointments.
then we get news we've signed an mou on green energy with brazilian / ecuaodr based firm. you'd think the chinese would be a tad upset at this but who knows what's going on. then barrick name mentioned and i can't see how that warms the ****les of the chinese either.
i wonder if it is possible that we've actualy signed a regionals deal with barrick?? say... 30 odd licence blocks go to barrick and we get something in exchange or a free carry on $100m spend for a retained % holding??
eitherway... it's suddenly got very active in ecuador considering the mining cadestre is still closed.
BBG I'm just wondering whether Newmont taking over Newcrest has forced Barricks hand. With Newmont now having double the gold production of Barrick as well as a robust production of copper, maybe Cascabel would be a good strategic response?
Lol 28000 shares
Well so much for the positive vibes today TSX is down 4% mind you that is always adverse to us so could be a blessing in disguise
$4,845m of deals
La Plata Project- 250m capex
Cangrejos Project - 925m capex
Loma Larga Project - 350m capex
Curipamba Project - 300m capex
Cascabel Project - 2,700m (per Aprill 2022 PFS)
Exploration commitment // Barrick - 100m
Exploration commitment // Hanco'ck - 120m
Exploration commitment // Adventus - 100m
$4,845m of deals
La Plata Project- 250m capex
Cangrejos Project - 925m capex
Loma Larga Project - 350m capex
Curipamba Project - 300m capex
Cascabel Project - 2,700m (per Aprill 2022 PFS) Exploration commitment //
Barrick - 100m Exploration commitment //
Hanco'ck - 120m Exploration commitment //
Adventus - 100m
Total = $4,845m
From HH
SOLG delegation met with the Canadian Council for the Americas & Barrick Gold executives , + Export Development Canada to start cooperation in structuring APP projects (Public Private Associations) etc
http://Primicias.ec: https://primicias.ec/noticias/econo