The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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You know what...this is my day job...this is where I apply my accumulated experience to try and make money for myself and my wife.
I come on here because there are always people wiser than me, but also who share facts and/or opinions that help me to make my own decisions.
I've been fortunate that since my retirement my wife and I have made enough money out of SOLG and ATYM to never worry again and drive a nice car. I don't live in a mansion, just a terraced house...we have sufficient to be happy and, apart from my prostate problem we are both very healthy.
There are seriously good people on therefrom whom I draw and learn and there are many others who are genuinely grateful for any help and guidance they derive from sensible posters.
I share what I share not to brag but because I want others to be as successful and happy as we are. I was devastated that people I knew lost money they couldn't afford to, including pensions and marriages on Sirius...
Of course I have always know that keyboard warriors would, for whatever reason, trash what I post and in general defame, undermine or belittle what I post. I don't lose sleep over them. I have at least 30 filtered.
I only post on a couple of there Boards here...ATYM and JAY occasionally. I openly share my investment decisions not to brag but so that those who are interested can get an insight. I don't expect them to slavishly follow.
I have a few close local friends who I also keep in the picture. They bought SOLG after I told them the story. I would never advise anyone on investments. I was paid to do that as a professional, but I strongly believe people should make their own minds up and that is the main reason why I post research and information that I come across.
Thank you to the good guys. You know who you are.
Thank you also to those who read and observe and occasionally post their thanks.
For those who routinely trash, insult, defame, etc. all I can say is I truly feel sorry for your family and friends...
Hiding behind a keyboard to anonymously bully people who are doing their best ranks as the lowest form of cowardice.
BTW I'm not angry. If I don't filter I often laugh out loud or simply find people's behaviour pathetic.
Thanks for reading. Lets hope we can soon make our fortune here and get the hell out of here...
Cheers
"Noront Resources Ltd. is a mineral exploration and development company."
Just like Solgold...
https://www.afr.com/street-talk/bhp-puts-large-scale-mining-m-and-a-back-on-the-map-20220808-p5b86e
"It’s game on in big mining M&A.
History says when one of the big miners starts opening the purse strings, the others cannot resist the temptation.
While BHP has work to do to acquire the OZ Minerals (which, to its credit, is playing hard to get), the talking point on trading desks on Monday was who would go next.
Consensus was that the big miners are arguably in their strongest financial position in nearly two decades, and would have investor permission not to waste it.
Activity, as BHP showed, is expected to centre on anything that can help future-proof of miners’ portfolio and fuel their longer-term shift into green metals required for EV batteries and electrification more generally. BHP obviously likes copper and nickel.....And the shopping list’s likely to be tier one assets in well-known mining jurisdictions."
https://apac.cib.natixis.com/m-a-pulse-in-apac-articles/focus-on/articles/6-trends-impacting-metals-mining-m-a-in-2022
"We expect competition for asset sale processes to remain very high in 2022, with multiple competing bidder groups with significant financial capacity and appetite for growth, together with a strong commodity pricing environment provides favourable market dynamics for sellers. There are some clear potential headwinds with global geopolitical uncertainty owing to the conflict occurring in Ukraine, and the legacy being left from the pandemic which looks to be heading for higher inflation and increasing interest rates across most jurisdictions. Notwithstanding these potential headwinds, we expect another very busy year of M&A across the global mining sector, following on from 2021 which where deal activity returned to pre-pandemic levels."
"China is often willing to make large investments in jurisdictions which may still be considered too risky for Western mining companies."
Jiangxi Copper Corporation owns Valuestone...
"Jiangxi Copper announced on September 22nd its intention to raise RMB 13.6 billion in funds, RMB 7.16 billion of which will be used in acquiring and developing overseas copper resources.
Jiangxi Copper will use RMB 2.5 billion to acquire two overseas mines in Peru and Afghanistan. "
So it has RMB 4.6 billion left...
https://stockhead.com.au/resources/why-copper-has-become-the-hot-ticket-in-mining-ma/
"But beyond all the noise, the message is clear. Companies like BHP are desperate for copper, and they’re willing to pay cash and make noise to do it."
"“We think it’s opportunistic at this time because of where the (OZ) share price is. But also, we’re a little bit perplexed why BHP didn’t take a bid when OZ Minerals was at $3, $6, $7, $15.
“BHP has obviously known about this for a while, but (it’s) also wanting to become more future focused with their metals (with) copper being a battery metal component. And that certainly looks like it’s something that will fit BHP’s wheelhouse at the moment.”
When you sell a CV for a job, and then fail to deliver.
You get moved on...
No big deal, onwards and up.
Pawns are disposable, in a game of chess!!
Imo
"The departures come only two weeks after the company unsuccessfully tested the market for an equity raise."
https://www.mining.com/solgold-reshuffles-c-suite-as-it-ramps-up-cascabel/
https://uk.advfn.com/stock-market/london/solgold-SOLG/takeover?xref=shareprice_takeover
Tinyray let’s get one thing straight nobody gives a **** about what you post here lolzzz
#Harmlessfool
This will deliver big time whether you trade or buy and accumulate simples!!!
"Snitch" good word..
Bye anon...
Thanks CMG
Red, let's get something straight there's absolutely no comparison to you and slug on any metric whatsoever
Thanks again for that DBW...
There are some people on here like DBW and paymaster who work their socks off to find material, relevant articles, etc.
There are others who spend hours on research, invest time patiently in building trusted relationships in order to inform their opinions.
Both of those groups are doing all they can to help others on here who don't have the time or the wherewithal to find or generate such information.
Then there are those who post opinions dressed up as facts.
And finally there are those who invest many hours reading for and rubbishing the efforts of the first two.
You know who you are. Is it resentment or bullying?
Any decent person would post constructive responses or opinions.
Many many times I have posted something and said "I would welcome any opinions/comments/etc."
And I often wonder why I bother, especially when people effectively call me a liar...
Maggie,
Yup bn.c does know...........& not just bout the candlesticks n crayons etc..........;o]
Just tired of reading ****** most of the time.........as I'm sure are many.........so typically dont tend to comment much even tho I'm now out of contract & have some more "free" time...........
Just catching up on things............
Hope you're not gonna be picking on the miners Maggie - it's not the 80's u know [chortle chortle]
Toodles,
BN.c
https://www.thearmchairtrader.com/solgold-management-changes-restore-investor-confidence/
"SolGold still in the driving seat
Despite the perceived management turmoil, when it comes to it SolGold are still in the driving seat at the Cascabel Project – which is a seriously chunky deposit that has the potential to become a Tier 1 mine.
Back in April the company announced plans to start mine construction at Cascabel in the fourth quarter of 2024. SolGold said the project’s prefeasibility study would be completed by the end of this year, with the final feasibility study due next year.
In its prefeasibility study for the Alpala underground deposit, it outlined 9.9 million tonnes of copper, 21.7 million ounces (Moz) of gold and 92.2Moz of silver in measured and indicated resources. The prefeasibility puts investment at USD4.88bn over nine years in pre-production and post-production capital.
Of the amount, USD2.75bn would be pre-production capex to be invested by 2029 and USD2.14bn by 2032, when full production should be achieved. The average annual production in the five years following initial ramp-up is put at 190,000 tonnes per annum (Tpa) copper, 680,000 ounces per year of gold and 1.3Mozpa silver.
Once constructed, Cascabel will become one of the top 20 copper-gold operations in South America. It also has a number of exciting exploration prospects including Porvenir, which is being test-drilled currently, and the Helipuerto project in southern Ecuador.
On paper, SolGold has a strong hand, an exciting future – especially as the energy transition gains momentum and the demand for copper increases – it remains to be seen whether the management changes will be enough to restore confidence in the miner, drive the development of Cascabel into an operational mine, and secure the requisite finance for SolGold to match its ambitions.
As Marshall said on leaving the building: “The challenge, as with all similar projects, is turning an exploration dream into a mining reality.”
redknight you accuse me of being Slug haha
I think Slug has just turned up though, anyone can spot his posts a mile off.
FYI I have read this board for over a year and haven't posted because I'm no expert like yourself and others on here but lately I am tired of reading the same old drivel from you and many others. I would say the only poster I agree with on here is MathersFinger!!
It was announced that the CFO resigned but you keep insisting this is not the case and you know for sure but can't share it, why can't you share? Isn't that like having some kind of inside information? You make all these bull.... statements and I've never seen one backed up.
You and Fort( CD) are going in the filter, I've wasted too much time reading both of your made up stories and fantasies on what this and that means when in reality none of you 2 and everyone else on here has a clue. Listen to MathersFinger and just sit back and see what happens, or listen to Quady and listen to what the company tells us :)
Redknight I would hate to have a pint with you, for me that just sums up of the character you are and how you come across.
You don't understand the concept of trading.
He/she may , still believe in the fundamentals of this company. And just waiting like everyone else.
No harm , making a pound . While we wait. GL
The feeling is mutual :))
I will on my earnings here tinyray
#harmlessfool
anon I won't even trouble to reply to your post if you can't be bothered to explain the several where I have out forward my reasoning...
And how sad do you have to be to join this Board and your first post shows exactly what an idiot you are.
Please go away if you have nothing better to do...Slug or whoever...
redknight said this... So I am massively reinforced in my view that a bid will come by Christmas...but when and who will make the first move...?
yet he sold a lot of shares today hmmmm