Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Hopefully we won't miss out on the Bull Market. Even Scott The Rocks Caldwell should be able to flog solg in a commodity bull cycle😆
'84, you've got that right.
For all those chartists out there looks like a bullish cup and handle pattern forming.
Thank you Eish, Add, that's why I would like to see us sorted to remove the worry. Yes, Nobby is doing a great job. I just hope that Yaku Perez doesn't get to take over Ecuador.
Add, I was responding to FTJNY Omg the Muppets post, not directed to you.
Ha BBG …. Things lining up nicely
Indeed Fort
Solg tweet …..
https://twitter.com/solgold_plc/status/1777674024253812806?s=46&t=XX3-iZapJ1HaXMFlnE7nKQ
He needs these guys. Best of British...
https://www.greyprism.com/
They're good ;-)
Nice to see a blue day again.
For me the biggest remaining political risk is that noboa is assassinated. I think there’s a very real chance too
Eloro, I'd be surprised if anyone was completely oblivious to the country risk, but I think it's a question of perspective. As Eish points out, so much of the world's mineral wealth is situated in very dodgy jurisdictions and by comparison we appear to be in one which has become very supportive of mining, albeit provided it's in the right place, like Cascabel.
Nobby is very important for us and the good news is that he has good support for his crackdown on cartels. We need his re-election.
p.s was your second paragraph aimed at me? I've never questioned your share ownership.
Eloro, there are so many examples of "Dicey Jurisdictions for miners", its just unbelievable. Mining is a risky business, like it or not. Examples: The next govt in SA might nationalise and land grab after May elections, the DRC is very high risk, so is mining in Russia right now. Unions are strong and Chile is quite left wing and offers difficulties.
We are in a jurisdiction where the locals seem to be "Pro Cascabel", jobs which make sense such as forestry have been created. In my humble opinion, the Mexico Affair does not directly impact on Solgold's course, more a political clean-up. In parallel to the Naboa taking on the gangsters down south.
Fact is - we are a Tier 1 discovery and becoming a wealthier resource by the day as precious metals rise relentlessly daily. The elephant in the room seems to be hidden inflation and worries about economies, endless wars and debt. Fiat vs Au/Ag.
Whilst I'm not a massive fan of big bank broker forecasts, this one out today looks pretty confident. And just think... we haven't had the copper forecasts yet. 2024 gonna be a massive year for miners. Bob... put things on ice... tell the chinese you need to kick some tyres around yourself but will have another chat later in year when PoG is $3000oz, Silver $30k and Copper through $8.
09/04/24
Metals forecasts by BofA
"Expect gold to rally above $3k and silver above $30k over the next 12 months"
Add, I am sure that First Quantum investors were think the same about their Cobre mine in Panama. Look what happened there! No one here can hand on heart be certain that Ecuador, a Latin American country where anything can happen, couldn't one day decide that they need to prioritise the interest of their indigenous people over foreign investors.
How does the self-righteous pratts know whether or not I am invested? Do you think I have nothing better to do than take an interest in a company I am not invested in? Would Bob have wasted his time replying to me if I wasn't an investor? Perhaps you pratts should support Hubris in getting bin man Sean Tuffird to change his photo to one more in line with a serious company!
I disagree, I’m one of the few that has called this a gold play. A few are coming around now the inevitable rise in gold is taking place
Well said FTJNY. Like you I cant read them but still some of the more sensible posters respond.
If the eejits post rit you're feeding their pathetic need fir attention by responding guys.
Best wishes from sunny Madeira...
Scott said the AISC is $1/lb which is one of the lowest in the world.
Taking a read across from that and with gold being a direct byproducts of the copper mining suggests SOLG will have among the best Gold margins on the planet...
In fact Scott has previously said that the Sikver sales would cover all the mining costs for both...
Happy Days...
Https://www.mining.com/solgold-saves-1bn-in-cascabel-upfront-cost-with-phased-mine-development/
Jerry, far from it! My observation about gold is simply due to the fact I've never really paid much attention to it. I'm also aware you have a keen interest in what happens to the gold price and are therefore far better researched.
Add I presume that you must be a fan of Keynes. I am not and I side more towards the Alistair MacLeod view of the world. Gold will rise cos fiat has no future. US debt is unsustainable and its getting a lot worse, very fast. IMO.
Jerry, absolutely, although from the way things are looking, copper will continue its appreciation, but I'm not sure about gold. Whoever ends up buying this will do so based upon the very long term view of the future for copper.
Add, with the massive contribution from copper and a bit from silver, the aisc will be way lower than $1100 I think. But we are 5+ years away from production so the movement in metal prices is pretty irrelevant unfortunately.
That article is from 5 years ago.
Ftjny.
Interesting article, I read today.
"Politics in the country has cemented Ecuador’s reputation as being on the least reliable countries in South America in which to conduct a business. In the past, BHP made several large porphyry discoveries in the Cordillera Oriental, but they fled the country and"
They go on to also state the threat of the new form of nationaliseation expanding in south America.
Unfortunately I can't copy it, but I think you get the jest.
By the way, this article is dated before nobby decided being popular was more important than his countries already tarnished reputation.,
SH, 'emotional outburst'? Don't lower yourself to needabrains level - you're better than that - just.
FTJNY,
Also cretins keep answering them, because they are sad and need attention, what a bunch of losers
Atb