Member Info for Dreamboatwarrior

Ha Pad
I’ve been thinking that for the last few years
Brilliant

Thanks

Thanks again Pad
What was their previous target!
The fact they think a takeover relatively likely and have a present target of 44p really doesn’t compute ....

I think you’re spot on cookie

BNC
“ With a pro-business Government elected in Ecuador, new leadership at SolGold with mining building experience reworking the mine plan and the EV/Copper revolution, things are finally looking up for SolGold. Finally, light at the end of the tunnel.”

RK
I was previously unaware that certain vehicle manufacturers also produce/smelt their own copper amongst other things

Cont.....
“Lasso has repeatedly recognised that mining has brought direct and indirect job sources, as well as the importance of this sector in the Ecuadorian economy, reflecting that 46% of Ecuador’s Foreign Direct Investment from 2017 to 2020 came from mining and the possibility of the sector supporting an increase in GDP.



SolGold looks forward to working closely with the new administration in support of responsible mining in Ecuador as we advance our Alpala project and our regional exploration programme.“

“Guillermo Lasso won Ecuador’s presidential election runoff with 52.5% of the votes, with opponent Andres Arauz conceding defeat. This is a very positive result with Lasso being pro-business and pro-markets. We believe Lasso will be supportive of the mining industry in Ecuador, he has promoted policies that boost investment in the private sector and exploitation of natural resources with environmental responsibility.



Proposals relating to mining within Lasso’s government plan framework include:

To exploit mining resources with the application of international best practices to protect the environment
Regulate the sector to promote legal and responsible mining
Design a plan that maximizes mining benefits while safeguarding environmental well-being
Appoint a Minister of Environment and Water who is concerned with environmental conservation but who will accompany and support the use of non-renewable natural resources.
Promote new concessions, as well as compliance with all regulations for the care of the environment and water sources
Work synergistically between the public and private sectors to develop public policies for economic and environmental development
To present a legal framework with regulations that:
Ensure the growth of the mining sector and care for the environment
Dismantle illegal practices by strengthening border security
Respect intangible zones
Establish criminal liability and obligation to repair and compensate for infringement of environmental quality standards
Source: Guillermo Lasso's government plan“

Agreed Max / RK very few clouds on the horizon

https://www.google.co.uk/amp/s/www.wsj.com/amp/articles/ecuadors-guillermo-lasso-wins-presidential-election-11618195085

Interesting interview laying out Lasso’s credentials
Only 5 minutes long but well worth a listen

Perfect result for us ..... full steam ahead

Morning Add
The igher thing I’d like to know is who’s our mystery buyer of late
Exciting times ahead indeed ... GL to ALL of us
Dan

Agreed I don’t believe BHP think they could get this for £1.32

“ Don't underestimate the importance of potentially the next biggest copper/gold mine this decade”
Ha agreed Colonel but which one ...... Rio , Porvenir or Cascabel??

Ok thanks
It was just they’d taken the trouble to list KM as interim CEO
Still exciting times ahead ..... what’s moving the price here as I’m fairly certain it’s not simply the PFS update ( price was on the up beforehand)
Election?
Impending Cascabel/ Tandy update?
Holes 8-11 Porvenir?
Rumours of a new CEO ( job must be fairly coveted)?
Or simply a new insti loading up ?
Most likely a combination of several factors , even so we remain massively undervalued IMO

Interesting Nick not listed as non exec

https://m.marketscreener.com/quote/stock/SOLGOLD-PLC-4005870/company/

Looks promising either way , we even get a mention at the end

https://www.mining.com/ecuador-holds-election-closely-watched-by-global-miners/

Thanks Z again
“ The focus of the PFS will be on: (1) the high grade core of 359 million tonnes grading 1.47% Copper Equivalent (CuEq), with higher grade material selectively mined in the early stages; (2) a shorter timeline to first production; (3) a lower initial capital expenditure; (4) re-assessment of the potential for near surface mining ops at the Alpala deposit; and (5) the drilling of satellite targets to investigate the potential for additional resources.”

Another close at the high of the day .... on a Friday too 27.95

Little late rally ?