Member Info for DG1Investor

Jim - you’ll have your money back by the end of the year (35p sp) - what you gonna do at that point - bail out or stay in for the 10yrs - reaping rewards from rinse and repeat on the other consessions. We all want instant riches mate - but things rarely play out like that. Keep the bird watching up mate better than road sweeping in these high temps

Couldn’t agree more Marine - unfortunately human nature coupled with the hype of the herd is something that is part and parcel of this type of investing. GLA - and if the wait gets too much then switch off and go and do something less boring instead (I think was an old children’s programme ! ) I believe it was Rothschild (or a similar loaded investor) who said he had made far more money sleeping than ever watching the markets - wise words if your an investor - slightly harder to adopt if your trading !

Not me mojobojo - I hold 10’s of thousands £ not 100’s of thousands £ - beyond my financial means for a trade of 41m shares. I’d hazard a guess it was a transfer of shares between mm’s as it hasn’t really shifted the sp either way - but a guess is all that is. The longer the wait the smaller the rise when BP license drops as more will unload on a jump on the way up of 10-20% which will suppress the overall lift. I’d say that’s a mistake but then I’m not trading this and traders won’t view a 10% - 20% gain as a mistake. Takes all sorts though to make a market. As castaway stated (I think) no news is actually rather good news right now as any big issue with license should be reported - as such we should bite our lip bide our team and trust in AP - I hope he learns though setting timelines (which are not in his domain of influence) is a dangerous game and can be damaging.

Facing Facts - it’s coming - I have little doubt of that - but the reality is it’s been mths and mths since we were realistically hoping it was going to drop - and yrs in the overall scheme of things. AP hasn’t got a clue when it’s coming and neither have any on here - the chat here is all about ‘imho’s’ and I think’s and I’ve got my fingers crossed etc etc I’m not sure we are going to get the meteoric rise on license that many are hoping for - but mid and long term prospects here are good and in direct opposite of my negative sentiment on how dates/timescales have been managed I’ve actually topped up in some style - I’m deeper in than ever - maybe a glutton for punishment but parking my license concerns everything else is rather rosey

Thanks for taking the time to respond filthy - I’ll take 2yrs for 400% and I’ll enjoy the journey and learnings along the way.

Relax Ebob - nothing we can do about it now either way !

Any reason for the timescales on your forecast Filthy ? Or just a hunch

In regard to not mentioning the license and will indeed give benefit to my doubt for the rest of the week - but if it doesn’t happen by end of July I do believe we should be at a minimum due an update on ‘where we are at’

Black rock have a pedigree in investing in gold companies

Newtoit - your inclusion of VAST didn’t go unnoticed - I’m in and awaiting the rerate if it ever comes - but in my humble opinion money is better here - maybe rotate the profit (if it happens) into SOLG for a double win - good luck to you mate

Very true Pad - it’s a good marketing/strengthening of ones hand strategic move in my opinion - why limit us to being sold to a copper giant with a view to getting a copper giant bidding war going - why not open the party to the Gold big boys and get an intra metal bidding war going. To me the ‘go for gold’ statement Was a pre calculated phrase to be used during the interview (not off the cuff) and if we then view the rest of the interview with our marketing sales pitch goggles on then the article can very well be considered as a ‘come and get us - as the time is almost right’ - with a kicker of ‘and if you don’t we can finance ourselves as we have options on the table’ with a final carrot that Cascabel may not even be the biggest of what we are about to discover - have a second read of the article and consider as a pitch - it’s quite enlightening

Toerag x2 bore off mate

On the ‘go for gold’ strategy mentioned by NM in recent interview (posted on here yesterday by others) - seems a deviation from the Copper giant positioning we are with added gold benefit. Could it be we are looking to attract a bid from a Gold Collosaus ? I discussed this with Robin on the fund manager site yesterday - but interested on views held here

Nothing changed on BestInvest in terms of consolidation - will we be informed when this is going to spring back into life - or will it suddenly just re-open and start trading again - seems a little strange no news - think end of July was muted so next few days I guess.

Maybe those conditions would be an increased MRE an increase in high grade core and a PEA which is positive on economics - could all come together in short order as these conditions are near to being released / achieved - and with cornerstone spin-off surely soon to complete things could really begin to hot up and in short order too - NM is the man with the golden gun with his gold finger on the trigger

I wonder if he hums the tune in his James Bond bath time moments ‘I’ve got a license to drill’ - sorry couldn’t resist it - one for the longer term holders who recall our James Bond theme Solg film titles

We’ve got an emerging ‘go for gold’ strategy - he does love a bit of marketing spiel - ‘ignore us at your peril’ springs to mind !

What is ‘conditional total funding’ ?

Interesting that recent radio silence has clearly ended with yesteray's and now this new $SOLG interview (timing of this suggests more news, maybe funding or major drill results, could be imminent?): CEO Nick Mather views the discovery of the company’s flagship, majority-owned Cascabel project in #Ecuador as “the first of many”. "...something could come along that becomes a higher priority that Cascabel" ..."We've got an emerging ‘go for gold' strategy," Mather explains. ..."We've got an emerging ‘go for gold' strategy," Mather explains. ..."We have started investigating development and financing options available to the company, such as a conditional total funding package, Mather said. ...."We have US$70 million cash mid-year to continue progressing its projects at pace as it aims to build a copper-gold company." "We're creating an integrated copper-gold exploration, appraisal, development and producing mining company - although we're not at the mining stage yet," Full article on Mining Journal .com (sorry couldn’t copy the link)

Cheers Sav