Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Speaking of that website, I predict with absolute confidence that either
1. It is being held back pending some kind of reorganisation of the company and its assets or
2. It is being held back pending a bid for the company
The excuse given for its delay well over a month ago now would have taken at most a day to remedy.
Then why post all day every day getting yourself revved up? You aren't going to alter anybody's opinion be they rampers or bears.
The only contacts he's got are the ones he forgot to put in when he typed his posts (which are littered with errors).
Let's hope that if he's credible enough, he can at least spell basic words like misled.
When will we hear the result of the first round of the election? Ecuador is the sort of place where the votes have already been counted before they start. Much like USA in 2020
The darkest hour is just before the dawn.
Play the fundamentals, ignore the idiots.
Worry not Eloro, there are a few professional offence takers on this forum but that is frankly a reflection of their weakness.
Am I right in thinking that pretty much any candidate other than the indigenous nutter would likely be pro-mining?
I can't see drug cartels running around in milk floats!
That said, anybody who does drive an electric cause is by default a complete and utter tosspot
Bozi - maybe so, but the combined group's assets are basically Solgold at 100% of Ensa.
Let's not forget there have been two seismic events that have put us back too, the "pandemic" (I got some shares just North of 10p, never thought I'd see that again) and then the Ukraine war. And on top of that there is the current inflationary crisis caused by the response the pandemic. Three black swan in events in three years, that's some bad luck.
But the fundamentals remain. An enormous resource of valuable metals. Unless BHP, Newcrest, Jiangxi and Mather all collude to squeeze out the PI, then value surely has to come in the end.
But if they look to scrimp and save in buying the asset, one of the others will simply step in and not scrimp so much.
Short-termism has become a feature of globalisation. In a world where we're rocked from pillar to post by media who are addicted to doom, looking beyond next week becomes almost a long term plan. That's why eyes have been taken off strategic actual long term investments. Why build a mine for $3bn and take five years doing it when you can make ten times the money on Bitcoin in a weekend....that has become the mentality and of course we know the downfalls.
I think the big M&A has to get done, then we can see who has the foresight to think ahead. The Chinese certainly do but they're playing a slow hand. Sanctions are starting to bite between East and West and that may (if we're lucky for once) play into some competitive tension that will give us the outcome we surely deserve on persistence alone.
They'll throw more than £2bn for the massive amounts of gold and copper that were identified years ago, that is the value in this asset. They don't give a rat's backside how the mining equivalent of the Chuckle Brothers would build a ramp to target 20% of the ore for about three times the GDP of the nation they're operating in.
As you're aware, there is a data room and there are rumours that companies have access. That data is all they need to work out how they'd make the proposition viable. That and of course the continuing laughing stock of Solgold diluting itself to make any takeout ultimately easier.
I don't think Irwin has much inside information on Solgold but he is a good investor and highly experienced. He certainly seem to think a takeout will happen eventually and if you ignore the lunatics then that clearly is the only way to monetise this asset.
My disappointment is in the way it has been run into the ground over the last 3-4 years. The $3m per month spunked on endless variations of a PFS to try and make it look viable. Suitors know what's there, and they know how to get at it, they certainly won't use anything in our 4 years of studies to help exploit it.
So why didn't they just park Cascabel at PEA and move onto other targets? Everything since then has seen shares printed like confetti and a declining share price to the point that the value of Cascabel whilst unaltered largely is now split between about 6 times as many shares as it need have been.
More to the point, why are they still bleeding cash? Just mothball it until someone buys it. A few people chasing licenses and agreements certainly doesn't require $3m per month spend.
Some very wise people have long predicted the green nonsense will end when people get cold, poor and hungry :)
hear hear, i think i prefer to trust a multi millionaire with a long and successful history in mining investments over a chess playing ****** who can't understand an rns let alone string a sentence together without an array of embarrassing errors.
Yes from me. I've learned a valuable lesson in life
If you experience a really good hole, don't be greedy and stick around hoping for more
Nobody likes a snitch needalife....don't stoop to his level
When one considers the excuse given for the website delay over a month ago, and if you understand that to remedy that would take one developer at most one day, then
A) It is being held to align with an update, or
B) Solgold have reached a spectacular new level of incompetence and waste
He doesn't seem to be getting Quady's message that it's clear it's going to production for some reason?
Ah, that'll be because he too is a Mathematician, understands logic and isn't a moron!
*bankrupty protection
The soldier might not be a bad option for us, he may want to beef up security which will require more in the tax coffers. Mining can give him that.
As for polls, well we simply can't rely on them. They all depend on whom you ask. I doubt many indigenous people in small villages or TCLs have engaged