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Always step up into a liferaft is the rule Eish
That's just it Bozi, the few life boats have already been allocated to women and children=The BOD with their golden life vest/salary and options, while passengers such as myself are left with either jump and lose everything, or stay on the Titanic in the hope that a Chinese rescue ship will arrive just in time to rescue us before the stern disappears under the waves. That is literally how I see our current situation. Orth captured my sentiments exactly.
Bozi, thanks for your explanation and point of view. Not sure it helps but, as a Sailor (even now in winter here on Blightey), I'll just cling to my HMS Titanic, thanks! For now, at least! LOL! What a crap show here!
I’ve never used DMA so I’m unsure what the rules are, if any but you’d think the SETS system would be programmed to spot foul play
A trades are consistently about two thirds of volume when we have low volume days but far less when we have volume days
The million. or in this case, billion dollar question is " is it legal"?
Eish - I'm not really following.
We have one of the largest undeveloped copper/gold/silver assets in the world.
The government appear to remain supportive from what we can gather.
Cobre Panama has closed and other mines are working through dwindling stockpiles, meaning that the next significant asset will be needed in the next few years and prevailing prices ought to be favourable.
The fact of the matter is that SOLG, being a fledgling junior with aspirations, hasn't been able to progress Cascabel quickly and directly enough. We all recognise that. The company has had managerial problems and other exploration ground has served as a distraction.
A robust phased plan and amended IPA will, I hope, be enough for someone else to take this on. It has to be because we simply can't do any more (as we are anyway).
The issue with "falling over" if you mean what I think is that you surely have to be looking for investments that meet a suitable time horizon? We all know that on average it takes a standard tier 1 deposit on average about 15-20 years to get from first discovery hole to first ore. We all have to take this into account when pressing buy or sell.
The reality is we are all onboard the boat… it’s not quite sinking at the moment, but non of us want to leave all our possessions and get in the life raft just yet… the holiday look’s ruined, so we have no choice but to hope the captain can steer us away from the danger and to at least calmer, warmer waters…..
Something like that
So Eloro, we're on the HMS Titanic but it appears you're taking your chance in the icy Atlantic rather than jumping in a lifeboat and waiting for a recovery vessel?
Completely wrong shipwreck
A trades are trades settled automatically on SETS and can be of any value. The trade type is mutually
Exclusive to the algorithm flag which is set
Voluntarily
Bozi, I cannot wait to "Fall Over" mate? When? 2030 or so?
Bozi, such a Sh___ outlook put forward with such incredible sympathy!
Definitely a changes nothing to resolve that this remains a shocker in my bottom draw!
Sadly, it does not alter where we are, we need action here - a JV, a sale, an El Dorado "New Find". just anything more positive than the dreary dribble we get from our BOD who annually beg us for support!!!!!
Sorry Bozi, You are asking us to rally around the capt on what appears to be HMS Titanic after it hit the iceberg?! I would rally around a Nelson who clearly Scott The Rocks Caldwell isn't. I celebrate winners which doesn't apply to our current ceo.
ToS - we're all in the same boat. You aren't alone by any stretch. The SP has traded between 10 and 45p for the last 5 years and that has led to a lot of investors averaging up or averaging down. As such, those with a single digit average will be in the envious minority.
I completely share your ire with the 120p shout but we have to look at who is making that call. That particular poster has ruffled no shortage of shareholders in recent weeks with their brazen ramping and inability to discuss the company and all of its risks and opportunities.
We all embittered though, and incredibly jaded. Don't think differently for a second just because I'm trying to look forward with a glimmer of hope, and that's all it is by the way. Hope that a generational asset can come through in a market where new discoveries aren't keeping up with demand.
It's darkest before the dawn and all that.
A trades are, as you say, automated.
They are small value trades placed by an algorithm which controls the SP.
The trading pattern on this share is , as far as I can find, unique.
The proof was on 27/12 when the a trades stopped for a day and the SP jumped.
Bozi
Can’t disagree with much of your post, to be fair. Save for the fact you state I’m bearish on Solg. Embittered, jaded, yes, but at Sub 8p, given the value of the resource, I regard it as a great investment, albeit a risky one. Sadly my average is around the 20p Mark, so I’ve a way to go to break even. But daft £1.20 suggestions do get my goat.
Eloro - it may or may not move the dial. So what?
The company can only do what it says it will do, which for this Q is to release the phased PFS. Whether it moves the dial or not will depend on whether investors think it makes the project more attractive to a suitor.
One thing is for sure, there are a number of people working this hard, so much so that discussing SolGold has become absolutely tribalistic. On the bull side you've got BBG and on the bear side you've got Eloro, Orthern and ToS1963.
Nobody seems to be discussing the story in the context of the SP, just bleating about it being so low. But one incontrovertible fact remains, and that is that SOLG is a much better value buy now at a £220m cap than it was at £500/600/700m.
So do folks who claim to hold want to rally round this management in the hope they can achieve what we all want, or do we want to just sit here all day firing clever quips to make ourselves feel better?
When sentiment turns it'll be hilarious. You'll all be falling over each other to state your bull cases and advertise what superb investors you are.
Some of us will remember...
And auto bots, as you insist on calling them, are merely Automated Tradig Systems, algorithm based, used by traders. Each automatic trade still represents shares, and an auto buy or sell has exactly the same impact on the SP as a manual trade. Complaining about automatic trades is the modern day equivalent to complaining about trades that don’t involve paper certificates changing hands. A trade is a trade. Get over it.
Hi Bozi, May I remind you that Noah did not start building the ark 1 day before the flood came.
It is not unreasonable to expect things to start picking up given that we only have 2 months of Q1 left.
I can just imagine the cataclysm which will follow should the phased plan turn out not to move the dial, or even worse, will require yet another version spin to make it acceptable to the interested parties!
You can either believe Red, or alternatively, DYOR by simply clicking on the Solg Trades button above, and scroll down, to see if what he says is true.
Look very carefully...nobody is selling...
Price driven daily by Autobots...
Keep Pumping Red.... Hows that T20 looking?
Interest rates will settle at a long term 3%...
Meanwhile...
https://www.mining-journal.com/base-metals/news/1460027/china-double-ecuador-copper
BBG if I checked in there weekly over the past 5 years, I’d have checked in 260 times, and seen my investment shrink by 80%.
But clearly, as I have an alternative view of this debacle to you, I cannot be invested.
Fantastic Orthern, a project plan I remember well. So by now we should have constructed the mine, and be commissioning it...... hmmm. Funny how that plan has disappeared from the presentations of late......