Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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DinnerMoney no this is not a wind up.
The article I posted also commented on Lasso and that a good deal of the crime originated from his premiership.
That's what I have said and are still saying.
Quady my final word on it.
Forbes report on problems facing Ecuador's attempts to get foreign investment.
"The biggest obstacle in Ecuador’s path is organized crime. The crime surge, which started in earnest in 2020 but accelerated dramatically last year, is comparable to that of Medellín, Colombia during the times of Pablo Escobar, or Mexico in the 2000s. Ecuador finds itself in the eye of the storm"
Quady yourself, Novice Etal please research before attempting to be smart
Quady, no matter how many out of date reports you find, the fact is, the escalating crime and corruption COULD, NOT WILL, COULD, have an impact on solg going forward. And as usual the I'll informed find it a point of ridicule. As they can't bare the facts, other than imagined positives.
Novice today again trying to impress the gang again today shows, how out of depth he is.
"The rest of the tripe today about political uncertainty increased violence etc etc is absolutely irrelevant"
DinnerMoney why are you posting the global peace index, it has nothing to do with what I posted.
I am looking at it from a crime perspective.
Novice, literally the only one foolish enough to put an October (!!) timeline on a TO is you. So forgive the masses when we completely ignore literally everything that you say.
Is it still 20p by Friday? 😂
Simpleton.
Covgaz website is irrelevant and redundant in solgolds case buddy why waste any time and money on something that will not exist in about 3 months time. The rest of the tripe today about political uncertainty increased violence etc etc is absolutely irrelevant here, the kids are pulling your plonkers and you lot are biting
DinnerMoney that's a different set of stats.
I mean , if they cannot even be ass*d to fulfil the promises on the new website....well it's just sloppy & untrustworthy.
Wether the violence has any impact on us is a moot point. However, I've never believed SC really wants to live there for longer than he has to and he certainly won't be regarding the place as his dream retirement home.
Hi DM sorry just picked up your earlier message….. try and avoid this place mostly at weekends.
Re the website….. yeah not exactly fast and smart is it.
My hope is that it was intended to coincide with some form of news release ….. anyway we’ll get there eventually, the only question for me is whether it’s a fill sale or just sell Cascabel and spin off the other licenses….. preferably the latter but almost don’t care which now
ATB
Good evening DinnerMoney, if you take a look at the report I posted at the top it says updated June 2023.
Still talking tosh needalife.
It takes all you said into account.
Ecuador is still the fifth safest country in South America, and when you consider that a large part of the current violence is over Lasso it is considerably safer.
It appears I'm not the only clown scaremongering
Quady, I enclose the latest economic report from forbes
Note what it says about violence and foreign investment. Then rethink your post.
"But for business, the more urgent issue is crime. Foreign direct investment has hit a bottleneck as investors wait to see if the security situation improves. Without political unity, international support, and a focus on intelligence-gathering and restoring the social safety net, that is unlikely."
Ecuador has the third-highest level of cocaine seizures in the world after Colombia and the United States, according to the United Nations Office on Drugs and Crime's World Drug Report 2022. This means more cocaine, more money, and more weapons flowing through the hands of Ecuador's gangs, including the Lobos.
Over the last three years, the Lobos have played a key role in the breakdown of security in Ecuador, leading the country to have the highest homicide rate increase in Latin America in 2021. The Lobos and their allies have helped bring criminal tactics to Ecuador that the country had rarely seen, including gruesome prison massacres, a normalization in contract killings, the use of car bombs, mass targeting of police, and bodies left hanging from bridges as warnings.
Ecuador is practically submerged in organised crime
Fernando Villavicencio, centrist presidential candidate
The nation’s per capita murder rate has surpassed that of Mexico and Brazil, with more than 4,800 homicides in the nation of 18mn last year, almost double the rate of the year before and quadruple that of 2018, according to the interior ministry.
Spend a few days in any major Ecuadorian city, and it won’t take long to understand why. In the port cities of Guayaquil and Esmeraldas, where the violence is most intense, massacres, targeted assassinations of police and public officials, and car bombs have become weekly occurrences.
In parts of Quito, the capital, shops now close early, and police stop patrolling at night. Across the country, extortion networks are strangling businesses large and small—even in the remote Galapagos Islands.
Take your point Bozi, the fact that 5 or 6 months into The Strategic Review we announced we were looking at lower cost build options intimates that we needed to attact more suitors as interest wasn't what we hoped for, or at least at a certain price. I think everyone has tempered their aspirations of what an exit price looks like over the last few months. By the companies own admission though, there's lots of interested parties and market sentiment isn't going to remain at decade lows forever, so surely between now and mid November makes for a good time to get this fabulous asset at a competitive price at a great time to take advantage of future demand of Copper, Gold and Silver.
This could change very quickly and at least we've got the big step of the Exploitation Agreement term sheet agreed so I remain hopeful we're closer to the end game than the company can publicise.
C
Needalife you really do talk some utter tosh.
Every country in the world has risks, but as someone who has travelled a bit in his life, often crime is aimed at tourists, as they don't stay around long, so tend not to testify.
So take a look at travel info.
Ecuador is the 5th safest country in South America.
It's safer than Brazil which is one of countries attracting large inward investment at the moment.
Please read a current article posted below.
https://storyteller.travel/safest-countries-in-south-america/#:~:text=Uruguay%20is%20considered%20to%20be,is%20a%20popular%20tourist%20destination.
Ftjny reply to my post.
Nice try but must try harder if your going to get your 30 pieces of silver from whichever major is paying you to de-ramp Solg
Head in the sand didn't alter the facts. Mafia typy gangs are a major hindrance. No amount of abuse changes facts.
Padmasters reply to my post.
Usual scaremongering from our resident clown.
Makes one wonder his judgment
Good evening all. I thought I would repost my April concerns ref gangs destabilising Ecuador, and hindering investment.
"Also bubble, equador changed their visitor visa recently. You can now stay 3 months with no visa, and renew 3 monthly.
Albanian gangs wasted no time exploiting this. They have completely taken over the import and distribution of hard drugs. Now run 90% of illegal mines. This is not someone's grandad on a donkey with a spade. These are ruthless vicious maffia gangs who murder and extort and kidnap at will. It's not an unreasonable question to ask if anyone thinks it could hinder investment in equador. I enclose the front page from a leading equador paper.
Ecuador is a sick country with the same symptom in all public and private structures, classified as: hired assassins, drug trafficking, corruption, blackmail, indolence, quemi-importismo, disinformation, violence, kidnappings, terrorism, etc., uncertain future."
This was taken from pb americas.
Just wondering if the views of the 6 or 7 posters who ridiculed me, or the 6 or7 posters who giggled at their replies views are now, bearing I mind it is proving to be an issue.
Highflyigman - with all due respect, you're at risk of lading yourself down a well worn path that isn't really reflective of how business is carried out.
What SolGold says, or what any company says for that matter, is fairly irrelevant. It's what it does that ultimately dictates share price performance, shareholder returns, etc.
The "we're mine finders, not mine builders" is another nothing, almost throwaway line, a bit like some of the ones Mather used to throw our at conference time.
We're mine finders by the virtue that we've found a project that ought to become a rather large mine. We're not mine builders because we've never built a mine in our history. That's not to say SOLG cannot become mine finders and mine builders (I happen to believe they won't but I'm trying to explain how it's a fluid position).
The simple way to look at it is that we're not anything at the minute. We're not doing nay activities that can lead us to find any more mines and we're not building any mines on the resources we have discovered, so I'd adjust Scott's statement for him and say "we're mining dossers doing desktop work in the hope of attracting a bid".
That doesn't sound as good to the market though.
As for the direction of travel... let's say the company produces an optimised mining plan before year end and the elections are not detrimental in the meantime, we're back in the same boat. Smaller bid or no bid. If there's no bid then we might be reaching for our shovels and starting the decline ourselves. That begs the question of who is really in control here. Unfortunately for us, it isn't Maxit.
FYI, although WI is undoubtedly close to those currently running SolGold and Maxit who are running our sale and his words are helpful in maybe reading between the lines of what the company cannot say as we are a listed company, I do not invest based solely on his comments. That would be very stupid indeed.
One last time, what is it specifically that the company have said that makes you believe we are taking this to production with the Capex required to build one of the worlds largest mines against a particularly unhelpful macro economic climate?
Surely you must be thinking JV? If so, what's your opinion on the impact on shareholder value?
Love to hear?
C
I listen to Solgold and not Arren Wirwin.
By the way....I'm not acting like a 7 year old. Good luck with your investment if your relying on Arren!