Member Info for Dreamboatwarrior

Maybe they should buy another chunk just to prove how much they don’t want it ?

How so many determined to talk about anything but Solg.

It’s clear from recent events that the Chinese want some or all of this , no doubt for as little as possible….. it’s going to play out at some point ….. Caldwell and co have done their and will walk off into the sunset either well off or very well off. Some long term holders may not be so fortunate, the whole thing stinks to me ….. let’s hope there’s a plan here that enables folk to realise something akin to fair value .

Good luck to those genuinely invested

Thanks SM …. Interesting stuff, appreciate the time & effort.

Re BHP no one is going to say they’re interested…… the other question is why would they invest at 45p knowing this was likely a block cave project in Ecuador if they don’t like the idea of Ecuador or block caves ?

Stack

Any idea who wrote this on Xmas Eve ?

“202524 Dec 2024 10:12

Having called this correctly for 5 years, I think 2025 will be transformational. I've used a few tools (not a reference to slug) to build a substantial position over the last couple of months. Even if this dips below 5/6p, it won't go much lower before news of practicalities and subsequent permits arrive. Got another £100k to fire in if needed. 2025 is the year. You heard it here, and finally not from a brainless rampers like add, red etc, but someone with credibility. Enjoy the spoils”

Seems we’re all the same …. Like the rest of us you can look a complete mug at times

Lol

“Ecuador has great potential and must adopt long-term state policies that address growing demand, especially for critical minerals, Santiago Yépez, former president of the mining chamber, told BNamericas.

It is essential for Ecuador to have clear regulations, the necessary openness to investment, and to be a competitive mining jurisdiction, said Rodrigo Darquea, BHP's director of corporate affairs for Latin America.

"The stars are aligning for Ecuador. Gold and copper [the country's two main minerals] are experiencing a unique moment. We are living a historic moment in the world, and if we do it right as Ecuadorans, we can take advantage of this opportunity and generate thousands of opportunities for Ecuadorans," Darquea said in a talkshow hosted by the mining chamber.

The BHP executive referred to the record prices of gold and copper, as well as the global energy transition.

Ecuador has several copper projects in the pipeline, the largest being Warintza, owned by Solaris Resources; Panantza-San Carlos and Mirador Norte – at the Mirador mine owned by China's EcuaCorriente; and Cascabel, owned by SolGold, with its large Alpala copper-gold deposit”

Exactly so do BHP know they’re already beaten

Hi Mathers

I agree and think value will out eventually. In fact I see a steady rise from here. Was just pondering on the fact that, in the event of a starting bid finally landing, we would naturally want the starting point to be higher than any potential bidder. Therefore it seems strange to be receiving free advice from one of these suitors . That’s all …… otherwise things looking much better on many fronts

Agreed Rod ….. if we are being advised by Jiangxi now for free, and we assume the want control at some point for the lowest value possible, why on earth would they want to help us do anything that would help bolster the share price?

Potentially yes a big conflict of interests.

Excellent thanks

I think they are now favourites.

Still be interested to see what could be done with Tandy as that could potentially negate the need to mortgage the copper.

Moreover I think they’re almost nailed on to partner us with “explore co”

Wonder what BHP feel about all this

Rod

“The focus should be on NAV and shareholder value. Things look promising. NM of course works in his own best interests. Don't we all here? It just so happens that he has history where his interests were aligned with ours . I believe they still are”

This is entirely right in my opinion but with the Chinese stepping up their interest and pretty much wanting to oversee the development of Cascabel from here the danger remains very real.

The GG lot have worked very hard to walk down the price along with people’s expectations from what I can see. But the value remains if we keep our eyes firmly on the prize.

There is none so blind as those who will not see …… wonder who’ll be front and centre in the “explore co” ??

Red I have to say I don’t agree re Nick. I think he’s been working his socks off behind the scenes to ensure we weren’t sold down the river by the ex Guyana Goldfield mob …. Hopefully we’ve dodged a bullet but the threat remains

Indeed ….. he’s a tosspot …..

Indeed Rod

It certainly makes a low ball more of a threat

Spot on Rod

I believe at 25p Scott walks away with $10m*+ or have I got that wrong ? For share price decimation

Whilst the CGP shares were being “ held”by the company they couldn’t be voted. Now they are in the hands of the Chinese they carry some weight. Whilst we remain so undervalued we remain at risk .

Stack …. If that was Scott’s last meaningful act I think we’re well rid. Hopefully we can move forward from this

Hey Add we’ve just had a complete change at the top and there could be all kinds of debatable reasons for this ….. and yet there’s nothing to talk about Solg related……. Just ignore the plum

More interesting is perhaps how they intend to fund “Explore co”