Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. 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.
Solgold are not currently mine builders, add. That is true. We'd have to bring in some expertise to become mine builders. That's true for any company looking to become a mine builder.
Not that tricky!
Quady, I must apologise if I had misgivings on your consistent view: "We will build a mine and come to production" but, you clearly have a point from all the current (concealed) evidence. There is clearly something murky happening behind the smoke screen. Patience is still a virtue, LOL!
"We are not mine builders"
Confusing, isn't it?
I have recently been reading and re watching some of the presentation's.
The strategic review I feel will be completed by the end of October at the latest and in the first half of August at the earliest.
This is reading between the lines and looking at a timeline for the explotation license.
We still have a number of uninformed poster's on here who don't think the strategic review will take place.
However they have been wrong about everything else and will continue to be wrong.
Let's remember that the strategic review is about advancing Cascabel.
Also let's remember we are looking at staging Cascabel, so the huge sums of money to construct a block cave operation are not immediately required and we are looking to bring Cascabel to production for a fraction of cost.
How much?
Well that's the purpose of the strategic review.
I feel we will start construction this year.
So after all the waiting and the uninformed stating that construction won't be started for year's I say.
Listen to what Solgold are saying and listen to what the government of Ecuador are saying.
Adict, if you feel the need to get hysterical when I question a post fron the dreamer, telling us about a huge upside. Sums up perfectly, your insatiable need to be offended. There is not a huge upside to this share. An upside hopefully yes. Huge definately not.
Now I suggest to save you having an invented stroke, with your false indignation, I suggest you stick to hanging onto a complete dreamers every word and ignore me. As the pot says. End of
Thanks SM
As I say, genuinely positive news would be exciting. Jainxgi getting cheap stock to not quite return to their pre-dilution holding level isn't really news. If they push the SP up by buying their way to 15% in the open market, that would have me dancing in the aisles. 6.2 vs 6.3% previously is meh, isn't it.
Interesting, as just the other day I recall you doing your damndest to pour water on the objectively positive news that Jiangxi had been buying more stock on the open market.
128+ posts from you over the last 30 days, all on SOLG, the vast majority rubbishing any inkling of positivity and picking fights with posters who have been here for years.
Mad behaviour, totally mad.
I see you didn't read the BA article sharket, but nice that you still feel confident to join in đ
I don't think I've discredited any information? I've pointed out the flaws in the rampers' blatantly biased interpretation of non-stories, but you will admit there is a big difference there. If solg put out a genuine bit of good news, or an II increases their stake, I'll be pleased đ
They're*
Far less mad than someone who spends each day trying their hardest to discredit any slight piece of positive information about a stock their allgedly invested in. The tweet from HH that redknight shared RE the CEO of Celec saying THEY will build 1,000MW of installed capacity to be used by SOLG was pretty interesting and a further pointer towards the government being serious about starting construction next year. Yet you were chomping at the bit to take the p*iss and rubbish it. Bizarre behaviour.
Nice strong finish today. The tide is turning once again from a low of around 15.7p once again. Excellent trading share at the moment, bid or no bid, mine or no mine.
And as for not divulging his holding, who is the first to post Iâve just topped up 100k as soon as it dropsâŠ..
So predictable
Is red now spamming the board with months-old articles to try and cover up what WI said earlier? This is mad behavior, totally mad.
and **** all since
550k in less than a minute...
A couple of decent ish buys in there too
Like you said it doesnât take much to move it at the moment
16.56...
Https://www.bnamericas.com/en/news/ecuador-expecting-to-conclude-negotiations-on-us3bn-cascabel-copper-gold-mine-by-year-end
"Ecuador expects to conclude negotiations on a production contract with Australian miner SolGold, the operator of the US$3bn Cascabel copper-gold project, in the next few months, according to deputy minister of mines, Juan José Espinosa.
We hope to deliver the good news before the end of the year," Espinosa said in a radio interview."
Https://www.mining.com/solgold-mulling-phased-development-of-cascabel-copper-mine/
"SolGold faces the possibility of losing Newcrest Mining (ASX: NCM), one of its top investors, within the next couple of years if Newmont (NYSE: NEM) (TSX: NGT) succeeds in its takeover of the Australian miner and brings those assets into the fold.
Newmont said on Monday it would seek to generate $2 billion cash in portfolio savings, including selling non-core assets, with the transaction.
Newcrestâs 10.3% stake in SolGold could be one of the positions the US gold giant may seek to divest."
"According to the pre-feasibility study published in April last year, annual production will average 132,000 tonnes of copper, 358,000 ounces of gold and 1 million ounces of silver during Cascabelâs 55-year life-of-mine.
This means the asset has the potential to become one of the 20 largest copper-gold mines in South America."
Oh God no. Red, I know you're keen to bury bad news, poppet, but we don't need links to month-old automatically generated claptrap from Yahoo finance. Even you are better than that. Come on now. It'll be motley fool articles about insider buying next.
Red, who is HH? Hubris Hunter on here, HH on Twitter? Do his tweets carry more or less weight than WI? Because he seems to tweet @WI weekly, but then ignore his comments and post long, rambling posts that predict RNS events that don't happen?
Celec saying miners will have to collaborate with them to build expensive energy infrastructure is very worrying: solg definitely not in a position to do this at the moment.
Https://finance.yahoo.com/news/31-stake-solgold-plc-lon-060459737.html
"Institutions' substantial holdings in SolGold implies that they have significant influence over the company's share price
A total of 9 investors have a majority stake in the company with 52% ownership"
"The general public-- including retail investors -- own 23% stake in the company, and hence can't easily be ignored. "
From HH on Twitter...
"A reminder for the $SOLG retail base, it trades around 2.3 million shares average daily volume which is roughly ÂŁ360,000 a day. Not even a 2 bedroom London flat in Zone 5. 30% is the free-float. A buy or sell for ÂŁ100,000 can move this +-3% easily. Just a highly illiquid stock."
and
"Other day, Ecuadorâs State owned Celec quoting CEO Gonzalo Uquillas said they will have build 1,000 MW of installed capacity which will be used by the big 3 mining projects including Solgoldâs Cascabel kick off in 2024. A lot of fresh press pointing to action."