Member Info for Damers

Apologies for my post earlier. Reading back it sounded like I was doing well here. I am not - O/A I am well down on my investment.
A wise man once said maybe 6 months ago on this BB nothing can take away the fact that Solgold has a huge untapped deposit which is critical for the future green transition.
This remains the case and I remain fully convinced that Cascabel / Porvenir will be operating and profitable mines by the end of the decade.
Our day will come and we will all be rightfully rewarded.

Damers.

........and during that month of your abstinence from this BB I have traded this stock a couple of times and increased my holding by circa 10% at no extra cost. In monetary terms this amounts to more than I would typically earn in a month.
I have also been working FT, had a couple of long weekends away with the family, etc, etc, etc.

Do you denigrate your friends / family for using Facebook, Twitter etc?

A good day at the races folks.
We have........
Porvenir MRE 2 (in the next 6 weeks)
News regarding regional JV's
Moran drill update
Cascabel PFS addendum
+ I am sure some other tasty RNS's
......to look forward to before year end.

The futures bright.

50p - I take it that's for Porvenir or another regional Horse?

£1 Cascabel
£1.50 the lot (however we would reluctantly accept £1.32)

SP drifting up nicely - could we see the dizzy heights of 24p today?

Lots of positives to take from that article tks mog999

Evening Lunch :-).
Yesterday's Financial Review (oz) suggested that Solg is next in line for a buy-out............

The truth is Quads that none of us know what's happening in the background (apart from a lot of P45's being issued!).

It does get my goat when it is suggested that Cuzzubbo is doing a hash of a job, when for all we know he could be setting up a fantastic sale, which will enrich us all.

Damers.

The rationale amongst many on this BB over the last few days is odd.

There seems to be a consensus that...........
- The management team set up a finance deal of sorts.
- They did not know / realise that this deal would upset a percentage of the major share holders
- As a result the disgruntled share holders, the deal failed and Ingo was made the fall guy.

Do you seriously not think that the likes of Cuzzubbo, Twigger & Mather (and their advisors) could not of foreseen such an outcome??

Bizarre to say the least - have you lot got sun stroke?

addicknt.
To answer your question: 'Just for the sake of argument, if your argument is correct, why did our finance team depart?'

A: because Cuzzubbo, Twigger & Mather pulled the plug on the deal.

I hope you didn't find my earlier post too 'Dick Francis' davethehorse :-).

Lots to look forward to over the next couple of months - current SP 23p - bonkers.

Lots of interesting posts over the last few days following Cuzzubbos Diggers & Dealers statement.

My take on the subject is as follows:
I do not get the comments from various folk, exclaiming Cuzzobbo has failed the Co. thus far. What is not taken into account is that decisions are made by the collective.
In this case Twigger / Mather & Cuzzubbo hatched a plan, just amongst themselves.

Shortly after Cuzzubbo started Ingo was instructed to find a major streaming deal. I suggest this would have been for maybe £200m + (a large enough deal for majors to really take note).
He did so with Noront and Ayten was brought in to agree the final details.

Now Twigger / Mather & Cuzzubbo were fully aware that this deal would never finalise (bare with me please!).
SOLG announced to major share holders that the deal was going through - at this point the trap had been set. BP / Newcrest went bonkers - they would not stand for any further dilution of the asset.

So, Cuzzubbo approaches the Majors and says: 'look, I will withdraw the deal with Noront but only if we receive an offer (within a stipulated time pre-crimbo).

They agreed. It is at this point that Ingo and Ayten hit the roof - they were merely pawns in the Twigger / Mather / Cuzzubbo plan.
We know the rest with folk leaving the business etc.

Have a good Sunday.

Damers.

£1 - Cascabel
£1.50 - the lot.

No retreat - no surrender Solgers.

Greetings from the sunny Lakes.
Tks for the offer Bubbles, but it's staying on.
Keep the faith Solgers.

Something has to give BBG - all this malarkey just highlights what a sought after asset we have.

https://latam-investor.com/2022/08/cornerstone-capital-resources/

“There are simply not enough copper projects in the development pipelines of major mining companies to meet the anticipated demand for electric vehicles and low-carbon electrical infrastructure by 2030-2050, and underinvestment by the majors in early-stage copper exploration means to maintain their production profiles and market valuations they will need to buy reserves – by acquiring juniors like Cornerstone and SolGold – to replace reserve depletion, so we anticipate a frenzy of M&A activity for existing copper projects like Cascabel as well as companies willing to fund drilling in potentially large porphyry system environments in good jurisdictions like Ecuador.”

Red.
We are all fully within our rights to get ****ed off, esp. when we have large sums of money on the line.
Some folk are adding 1+1 and getting 5 after reading the RNS. Despite all the debate & speculation we do not know what has / is happening behind the scenes.

Yes, we do need clarity and are rightfully requesting it from Fawzi etc. However, advanced negotiations may be happening and therefore lips are sealed.

I for one remain optimistic that our investment will at least triple in the near future..................

What a difference a day makes - you were like a spring lamb yesterday Red.

'Stavely boss sees copper hitting $10' - if anybody could cut & paste the article from MJ that would be much appreciated.............

Morning Lunch.

So, on the flip side of your points.................
- New President of Ecuador Subsidiaries: Steve Botts (joined Aug 1st & Ecuador based )
- New Vice President of Projects: Bernie Loyer (joined 1st August & Ecuador based)
- We have magically produced a top rate interim CFO: Keith Pollocks (started today)
- Nicholas Mather statement 2 weeks ago: 'expect corporate action!'
- From our CEO a week or so ago: 'we are in NEGOTIATIONS with SEVERAL majors' regarding regional JV's

The futures Bright Solgers - cheer up & enjoy the sunshine.