Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Warren spoke to Scott a few weeks ago at the Denver Gold Show and this was his note to me post meeting...
'Had a good meeting with him. Little by little he is moving the ball forward with the usual suspects. Hopefully sold by the end of Q1.'
I expect permits and the updated IP agreement are imminent, revised PFS to land early in the New Year. As aslo recently communicated too, any interested parties DD should be drawing to a close so things should get interesting in the NY.
If anyone wants to take a flyer pre AGM then great, but I'd be surprised as there really would be not a lot to gain as far as I can glean anyway.
Wish I had more cash to buy in volume at these levels.
Nice to see management coming out swinging this, nothing that has really shifted the dial but I'm sure still more to come pre agm. C
When asked if he is expecting any fireworks at the 2023 AGM, Warren response was:
"I am not following things too closely. Remember a significant amount of SolGold stock is now in the hands of Cornerstone shareholders which are a pretty cohesive group and have the company's best interest at heart. So not expecting any fireworks."
Now, this from Warren who previously followed events extremely closely to the point he felt that we were at 2.9 in his 3 steps to a sale. Could it be that he no longer expects a sale anytime soon?
Clearly the Cornerstone crew believe that they have got the election sewn up, hence no need for last minute letters soliciting PIs votes. They are not worried about the low SP given their lack of comments. Not even a promise to turn things around.
Are they this close to a sale, hence no need to address the falling SP?
So Anglos are shutting the Los Bronces mine in Chile and Cobre Panama are having to close theirs too. Given that the S/D of the metal was in balance this should mean that copper prices rise substantially in 2024, IMO.
With the sp pretty much discounting any value at Alpala, I am now firmly on the side of the bulls, despite what NM and Cuzzubo have done.
Not likely to be a permanent loss of capital though. Frustrating but stayed focused. Nobody doubts the calibre of the assets. In addition, there is a good alignment between the interests of directors and folk like us holding shares. One foot in front of the other.
Rodney, you have more chance of spotting Lord Lucan than getting Quady to admit he’s made an error.
But he has of course
Report away, I couldn’t care less. It shows left wing vicious lynch mob mentality for what it is
Post at 10:43 not 10:47
1984
Your post at 10:47 with regards to the pigmentation remark, with that post you really are the most vilest person on this BB, you are a disgrace to the English people who are white, black or other pigmentation.
You are a pig ignorant know nothing, you do not belong anywhere with that mentality, may all your hate comes back on you many fold.
I will report your post as its vile
Work it out for yourself, you’re smart by your own claims aren’t you?
No, I am smart enough to interpret the nonsense you write. I guess you're just not smart enough to read and correct your own posts? Or are they just too boring to go through again?
What is the superior pigmentation, please?
This is so depressing- a so called world class project showing a 50% decline in the SP in 3 months and close to all time lows after 10 years of investment. No wonder this board has descended into personal abuse and Insults with people seeing their wealth disappear in front of their eyes every day.
Is a prime example of cuckooing!
It's time admin got it sucked out. Oh hang on........I'm hearing admin don't actually have any authority over the pit anymore. I'm hearing that the turds are running it now. Shame on admin for letting this board deteriorate to this.
Well the much heralded batch of rns pre agm have started to arrive.
And the uncomfortable truth is that the markets have met them with complete indifference.
They also appear to have lost confidence in solg
And the captain of the ship. Yes adikt, that's scotty boy.
The malaise need sorting, and they clearly don't think he's the man to do it.
Post agm we will hit 5 or 6p., unless there are signs of change.
Quady - SOLG are never that specific; where have they said 5 remain interested?
The only related statements I can recall are from 25 Oct update:
"Over 20 active CAs in place with over 5 site visits already conducted"
"and over 5 groups have already completed site visits with a number of follow-up visits being scheduled"
So:
- "over 5" means more than 5
- 20 confidentiality agreements remain active, so no idea how many of these are still interested
Just because there's only five in the Data Room ATM, doesn't mean that the other's haven't already got enough information to have formulated a price. They may just be waiting for the auction to start.
As for listening to SOLG, they've repeatedly told us that they're explorers and not builders. Yet some still insist that SOLG is going to build the mine.
Hope gold does double, I still hold 48oz physical having sold a quarter the first time we hit $2050
It could go way higher. We have had unprecedented money printing and inflation. And a lot of Mickey Mouse ponzis like crypto and green rubbish.
All that money will eventually return to safe bets
Good grief doesn't anyone listen to what Solgold says.
Twenty people have been through the data room.
Five remain interested, not twenty.
IMHO this is why 20 companies have been in the Data room. They don't want to bid and then be outbid. They want to get it cheap, but realise that a decent price will be required, to fend off counter bids. I'm happy to keep on adding.
Https://www.mining.com/why-many-analysts-see-gold-going-as-high-as-10000/
If Gold reaches the above price SOLG should easily have more than half a trillion of in ground value, when Ag and Cu at increased prices are added.
Zoros - Please explain why the major's wouldn't make a counter offer if a ludicrously cheap 25p was offered by the Chinese?
There's $130bn + of metal in Cascabel in the ground. The mine will last decades and metal prices are on the way up. Gold IMHO is nailed on to double and could possibly treble or more in price, especially with the Dollar out of favour and Bank's looking to create a new Gold backed Cryptocurrency. Add the increases in Ag and Cu, plus other potential mines owned by SOLG and the future in ground value could get to half a trillion before the mining is exhausted. Why would any major not bid more than 25p?
I'm talking NAV... add whatever discount you want based on whatever version of the PFS since released.
Solgold will flog the co to the highest bid before they run out of money you twat.
Apologies was looking at historic disclosure on the bottom tab. No intention to mislead.
Oh gosh it’s back. I had hoped it was dead by now