Member Info for Dreamboatwarrior

I guess if a bid were to land “out of the blue” he could argue he had no prior knowledge?

10p paid

several mentions for solgold

https://www.foe.org.au/han****_prospecting_major_owner_of

Run

CMG …. Seriously don’t bother. Anyone who seriously felt that way about a company wouldn’t be invested….. unless they couldn’t think of better opportunities to recoup their losses. Just use your filter button and forget it …

HH tweet

https://x.com/hubrishunter/status/1777977433926369580

Another big on reported after the bell

Ha BBG …. Things lining up nicely

Indeed Fort

Solg tweet …..

https://twitter.com/solgold_plc/status/1777674024253812806?s=46&t=XX3-iZapJ1HaXMFlnE7nKQ

FTJNY….. yep

“ We are living with the fear that Ecuador could nationalise cascabel”

I’m not ……

Glas was arrested hours after he was granted asylum by Mexican President Obrador (Had sought asylum since Dec 23). Checkered history for corruption, bribery, graft & narco links. Spent time in prison and Ecuadorean judge Curipallo released Glas in 2022 from prison What is interesting is that this same judge is now in custody to respond to bribery charges related to favourable narco sentences. Glas was meant to be appear in court to respond to corruption allegations in Dec 23. And decided to seek refuge as he had personal ties to Obrador

The Mexican drug cartels are entrenched in Ecuadorean politics. It is well documented that the Sinaloa Cartel formed a group called The Choneros (El Chapo) and extended their web of crime into Ecuador amongst others. With time the CJNG group was formed in 2020 and made alliances with Ecuadorian narco gangs Los Lobos, Los Pipos, Los Tiguerones & Los Chone Killers. It is in 2023 when the Ecuadorian presidential candidate Fernando Villavicencio was assassinated by Mexican cartel narco gangs in Ecuador. Why? Because this candidate denounced that Mexican president Obrador should stand up to the Mexican drug lords and that Ecuador was suffering for Cocaine it did not produce nor own and run by foreign mafias. Villavicencio stated that narcos funded Mexican politics. Ecuador is a perfect target for the cartel according to local analysis because of weak governments and a dollarised economy which allowed them to launder $. Just before Glas went to the Mexican embassy, assassinated Villavicension’s daughter openly told Mexican P Obrador to wash his mouth and to never speak about her father. Obrador suggested her father was assassinated to thwart the Correista candidate’s chance to win the elections.

In conclusion: The world has no idea what Noboa’s government knows about Glas. Probably some Mexican politicians are worried, including Obrador? Given his personal ties with the Mexican president and political elite which could all be funded with narco $.

The NI 43-101 clearly stated the EIA will be finalised “in the coming months” and the quick follow on is the EA. The Chinese are used to investing in places like Afghanistan. So I can’t see why they would stop their very long term plan to guarantee essential industrial metal supplies decades into the future. Plus their incredible appetite to accumulate gold reserves. Solgold’s political/social is no different to many frontier markets. $Solg is in advanced negotiations. Noboa can be accused of infringing conventions, but I am pretty sure he will be briefing the world with some very good evidence. High level crime with many bloodied hands can’t lightly seek asylum. Narco terrorism is scary. Embassies around the world have been target. Missiles directed at some for hosting terrorists. Noboa has to be pardoned but Ecuador is in a state of emergency. They must have something on Glas and Mexican political elites. Time will tell.

Mrprt…. I’ve no idea what he said as I can’t read it …. Unfortunately I can see the replies 🎣

mrprt surely you’ve been around long enough to know how ****s like him operate. the put something untrue or stupid out there hoping someone will bite thereby ending any focused discussion. seems to have worked.

Cont …..

“Cascabel is a promise of responsible mining and lasting value that will leave a sustainable legacy. With lower capital needs, lower risk and our commitment to sustainability and responsible mining, it will become a story of innovation and prosperity for the country,” concluded Caldwell.

For its part, Cascabel has confirmed the economic viability for development and financing through a pre-feasibility project. According to the document, the first investment phase for the development of the project, of $1.5 billion, involves an optimization of more than 40% of resources compared to previous estimates. The project is expected to produce 2.9 million tonnes of copper, 6.9 million ounces of gold and 22 million ounces of silver over the first 28 years of the mine's life.

With lower capital requirements in the first phase of development, this underground copper, gold and silver mine shows favorable results due to the implementation of efficient strategies with cutting-edge technology. The construction of the Cascabel project is planned in two phases, with the aim of optimizing resources and accelerating construction and development time. In this way, production is sought to be more efficient and technical risk is also reduced, thanks to the implementation of cutting-edge mining production technology and methodology.

The project is carried out by SolGold, through its subsidiary Exploraciones Novomining S. A. (ENSA).

The current plan contemplates the exploitation of 18% of the mineral resource, which suggests a useful life of more than 75 years, turning it into a multigenerational mining asset capable of multiplying economic and social benefits.

Additionally, the new study identifies a new opportunity for additional development with the Tandayama – America (TAM) deposit, located approximately 6 kilometers northeast of the Alpala deposit. This alternative is not currently part of the PFS; However, the company is evaluating it for the future. (YO)

The Cascabel project, located in the province of Imbabura, which is in the advanced exploration phase, has begun dialogues with authorities in the area to publicize the project. Thus, this week the mayor of the Ibarra canton, Álvaro Castillo, held a meeting with Luis Mario Sánchez, vice president of the SolGold company and his technical team.

According to a statement from said Municipality, the meetings aimed to “articulate actions to carry out projects that, through royalties, allow the local economy to be energized, with the creation of sources of employment for the population located in the area. of influence, in this way it will be guaranteed to improve the quality of life of the citizens of the Ibarra canton.”

These days there has been a very conflictive process in the Palo Quemado and Las Pampas sectors, which are located in the Sigchos canton of Cotopaxi, due to a mining consultation issue regarding the La Plata project. This Ibarra project is in another more advanced phase.

María Isabel Ayllón, a lawyer who is an expert in mining issues, explains what stage Cascabel is in and when it is time for citizens to consult:

This large-scale mining project is currently in an economic evaluation stage, to verify the technical and economic viability of the project.

This will lead you to establish a proposal to sign an exploitation contract with the State. It will be at that time that an environmental consultation process must be carried out in the area to obtain the environmental license.

According to Ayllón, the law is clear in indicating that environmental consultations are carried out when projects begin or when the phase is going to change. In this case, the new consultation corresponds due to the change in phase, since it would move to exploitation, which means the construction of the mine. Construction can take about five years.

The project already went through a first consultation or citizen participation process before 2008. She also explains that since it is an area where there is no indigenous population, the figure that must be applied is environmental consultation. Prior, free and informed consultation is applied when it comes to sectors inhabited mostly by indigenous people.

For its part, Cascabel confirmed a few weeks ago that the company SolGold, which is carrying out the project, will require an environmental impact study (EIA) that will be aligned with the best international practices applicable to the mining sector. “We are deeply committed to managing our carbon footprint and to the efficiency of renewable natural resources,” highlights Scott Caldwell, CEO of SolGold and president of SolGold Ecuador.

He also pointed out that innovative proposals will be integrated to care for the environment, and a diversification plan for renewable energy sources for the project, to be supplied by both the public sector and private enterprises.

Yep noted …. But something therefore changed hands at an agreed price

Indeed £5.96m worth of shares

Anyone seen those late trades !!!

Beats me why anyone invested would talk this down . Just sell up and move on thanks CMG