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Adikt. If you dispense from your little England outlook. You will see it's not just the bbc reporting the turmoil.
Hyperbole.
Only on this board, and particularly from you, would you read this sort of dismissal of anything factual
We have nothing to protect…. We don’t have a mine… just hills…. with old holes in them.. we are not actively doing anything there… it’s just hills..
Or then. not all mines are operating normally.
A spokesperson for Toronto-based Adventus Mining said there is no additional security at its site and workers at the Curipamba project have been sent home for now.
most other mines that are working are being protected with a ring of steel, by the army and security forces.
for anyone to think all walks of life including mining, are not being affected, has to be a solg poster,
Orthern, thanks, I hadn't seen that from the government and you may be right.
As far as the broader picture is concerned, I do wonder how much is hyperbole, particularly where the BBC is concerned - they love over-dramatising news items. There is a very good article in the Spectator which doesn't downplay the situation, but does put it into context. Having said that, there's no question that this is having an impact on the country, hence my belief the company should, as far as is possible, clarify the position as it relates to us.
Gangland issues are long term... but they tend to be resolved amongst themselves. Something different happened this time around...Fito escaped. That's the catalyst. Someone somewhere... made it possible for him to get out of maximum jail. So that's why a posited the Correa angle.
The shooting of a leading politician was far more shocking than the TV studio break in. But again... this was a departure from the norm. So issues with the gang world have clearly been brewing since July last year or earlier. It might be due to the increased crack down on crime due to the POLLS and I can assure you... heading into next Feb's elections will require both candidates to prove or put forward significant plans to tackle crime and clean ecuador up as that's high on the list of people when voting.
So looks to me like the crime world is taking a little squeeze and perhaps it's the colombians that don't like what's going on as they bare seasonal cartel players and know the robes better then Ecuador's posse's.
All in all, it goes without saying that SOLG's staff will be told to stay safe but as we know, there is sweet FA going on ops wise so nothing is going to effect SOLG right now. There are no drills going on. Nothing. It's all data room crushing stuff and that's likely done in Canada or Oz lol!
Great picture of the chinese discussing mining face to face... I really do hope they get Alpala and make billions out if it. That will teach BHP et al a lesson. And if the Saudi's step into mineralmining through investments and M&A... heaven help BHP and co... they'll be toast. Happens all the time to the big guys when they get a bit lazy and sloppy.
Certainly no need for an RNS at all on current ecuador in country affairs
Add, the Ecuador government has issued a release stating all mining, electricity and water industries continue unaffected. Maybe Solg are happy enough with that?
I’m the last to defend our communications, but I’m not sure the sudden increase in criminality warrants an RNS… unless of course it snowballs further out of control.
Yes there is one other adikt.
nothings changed with solg management, still bloody clueless.
Ortherncopper, you are writing absolute rubbish as usual.
A strategic review allows the Solgold business to dictate how and when they will execute the next stage of Solgolds journey.
Why bring forward a cash raise through unnecessary exploration spending?? We are on the cusp of a major corporate event and a cash raise at todays SP makes no sense.
I am going to assume the latest updated PFS version is very much in its final form, and they are currently sharing with all interested parties to determine what options are available to the business. This process is called a strategic review.
As Scott has stated, Solgold has never been in such a strong position and what is happening in the cities of Ecuador today has no bearing on a mining project located in the bush which has the support of the local community and local / state government.
Anyone who is genuinely invested should not consider this chat thread as most posters here are shorters or market makers spreading fear to create liquidity. Please join the telegram group named 'Solgold Shareholders Group' for genuine discussion. https://x.com/ByronBayGold1/status/1743181654040912088?s=20
Orthern, I was specifically referring to the current violence, but I take your point, although it seems unlikely they've come up with nothing, particularly having seen the tweet from Hubris.
Add, not surprising when one review the performance of Scott The Rocks Caldwell since he became our ceo. This is him being true to form. I don't understand why you would now expect him to be any different from norm when the cry here has always been better comms. Hence, 5)Scott The Rocks Caldwell hightailed it back to Canada and is safely back in Toronto chatting with friends at his local Tim Horton 😀
Number 4 is not wildly out of the question…. The endless strategic review is a great ‘confidentiality’ mechanism to hide behind if your attempts to monetise haven’t achieved what was hoped for, are now mothballed and floundering..
Still nothing from the company.
Possible explanations:
1) They don't consider what's happening as being of any significance to the company and it remains entirely unaffected. (seems unlikely to me)
2) They are on the verge of announcing something and don't want to mislead shareholders.
3) They are trying to work out what to say in a way that won't spook the market. ( Again, this seems unlikely as they've had plenty of time to draft something suitable)
4) They've completely downed tools and don't want to admit it.
Any others?
Given they've previously issued announcements relating to the political situation, I find it pretty odd that they've chosen not to do so now. The board committed to greater shareholder engagement and surely this is one of those occasions when they should demonstrate that they meant it.
Forts post from yesterday, comparing Ecuador to other south American countries.
"Anyway... Ecuador certainly much better and safer than majority of them"
Are the other countries threatening to shoot anyone out at night, are they holding up tv stations, are they holding hundreds hostage.
People on here seem to have an obsession with spinning a positive no matter how ridiculous it makes them look.
Yes - a great find, thanks for sharing it.
"We must accept finite disappointment, but never lose infinite hope"
Cheers
Novice, interesting you telling hfm what these boards are for.
Yet youve used them to bicker and extol the virtues of putin since you've been here
Aquinaga. Those galahs are squawking about you again.
I believe anything
I believe anything
Texas ridiculed me
Texas ridiculed me
.
Thanks for the great find HFM. that's what these BB are for
Chinese and Ecuadorian Mining officials meet...
https://twitter.com/hubrishunter/status/1745042921156727140?t=OlCCpY-eK7XhcO7e-xiWhQ&s=19
Padmaster, can you pen a ditty telling us the Ecuador gangs are just multi alias imposters and infesters stirring up trouble to get the share price down.
And bbg, do we thing they maybe Blackrock stooges or shorters or paid by lse to get the number of posts increased, as novice often alludes to
Texas. I told you your humour would go over aquinaga head, and that people in deep would believe your every word. Hilarious.
On another note, once again the board refuses to take note of any negatives.
Dbw tells us every cloud has a silver lining, novice tells us it's a good thing, another clown posted oit won't affect mining, and adikt is telling anyone who shows concern to "get a grip".
It's absolutely the right thing to do,and shows noboa cannot be bought by the cartels otherwise this would not be happening.
Might inadvertently be the best thing to happen here and remember the Ecuadorian people voted him in for this exact reason...
https://www.bbc.co.uk/news/world-latin-america-67938285
Reporting from Ecuador on the BBC web site.
The company really does need to say something.
Who can bid 20 and I will leave?
Off course it’s utter nonsense, we all know nobody is buying blocks of this stock!