Member Info for earthling

I would suggest in this case they will be buddies, its too large for one major on its own really, if you look at the major mines in the world there are usually two or three on board.

Could well end up being a three way split with us.

in our rich core are more than half those of the biggest mine in the world in CHILE, where they are having to mine ever decreasing grades at a a greater cost.

I've done my research and there is not much out there in currently that match the quality of Cascabel based on its size and grades, at this stage of discovery.

We are going to need more copper as the industrial revolution is superseded by EV's. Around a hundred kilos of copper could be required on the bigger EV's.

The more we get the lock down the more sure I am that something big is being negotiated int he back ground, either for a deal or main funding.

NM has run down our SP I believe so CGP will sell their stake in ENSA to us or a third party who is interested in the resource.

Could be a three way JV where BHP and NCM become the main parties with ourselves keeping a minority share as the project moves to development and production.

Or it gets sold, the chances of us mining this solo are virtually zero IMO

I did well on MARL, and although it was a low ball offer, there was trouble in Turkey at the time, so I was happy with what we got tbh.

it seems you don't comment on your own recent purchases ECR and HUR, down nearly 20% today.

Days before your HUR purchase you said you wouldn't touch it.. lol

Thats about 40% down at least on those two investments you've made recently, yet you still feel the need to come on here predicting doom and gloom.

Why don't you stick to buying imaginary prints for an imaginary 30k

your link doesn't sound too good for your recent purchase over at HUR.

Trigger you may want to do a bit of research here, we are not an oil play lol

Start a new headline, don't respond in his negative thread

we wont be taking this to production

yep, you're not wrong, that is a wild guess. lol

seems to be the preferred opinion of most of us on here.

Lets hope so...

Something is going on, this year as been most unlike SOLG in the previous years with regard to communication and news releases.

No progress on the other sites either, which is very unusual, which agin leads me to suspect something is indeed going on in the back ground.
Another clue for me was Nm only getting a small funding raise from BHP, when I'm confident he could have raised much more from them and other majors if he so wished.
Wishful thinking? I genuinely don't think so.

This is huge and that fact hasn't gone away, despite the decline in SP and news black out.

Add outstanding results from initial BN results and its a great package IMO for those in the know, which of course we are not privy to at this time.

Good luck SOLGERS, we'll get there in the end, one way or another this huge, quality resource won't be staying in the ground forever.

anon

There are currently no other discoveries to sell as we haven't explored the other projects in Ecuador.

There was some talk of the Solomon islands being re charged but not sure how reliable this talk was.

Why are we not drilling Blanca? which would be a good start? If we are, then why are share holders not being kept in the loop, its not good enough Imo

Getting such responses from company re copper prices and virus in China.
Especially the bit “as you will be aware”

No accountability for the fact the price has halved and we have had zero news of any significance for 12 months
The copper price only recently went up them down again more recently and the virus has maybe knocked 10% off.

They are treating us like fools IMO

the value from MRE2 put us around 4b? 17p is literally nuts IMO

today, couldn't resist at this price.

I suspect the clowns will be gone for good within a few weeks when we get significant news that gives us the re rate we are seeking.

that would restore my confidence in NM is if there really is a deal being struck in the background, and hence the news black out.
If this year has all been about CGP then I don't think it was worth it tbh.

Lets see what the forthcoming news brings.

Not too long to wait for PFS which could be the catalyst for several majors considering buying Alpala/Casabael.

Its down as first quarter from the diagram in presentation, although I accept its not too clear re does it run into second quarter?
Expecting MRE3 tomorrow or next week as there is only so long they can string out the word imminent before they start to lose credibility, if this hasn't already happened re credibility.

very impressive indeed and its all coming together nicely. Always need a bit of luck also when it comes to exploration and it seems they are on winning streak with their pins in the ground.

or until we reach my price target of 15p, a ten bagger from my ave.

not sure what you mean? re buys in strange amounts as the chunky buys are round numbers of shares.

If you meant the amount in pounds, as an example if you buy 1k worth of shares you wont get a round number of shares. Not sure it matters at all but over recent years I have always preferred to buy in round numbers as I think there is something more appealing about it.

I think NM has made a mistake by wanting to take this to production solo.

We are an explorer and its what NM has done several times before, prove the resource, package and sell. rinse and repeat.

Furthermore, we have the other 12 or so projects to repeat the model. Good for share holders too IMO, unless one doesn't mind waiting for retirement and beyond. lol

getting tempting at these levels, for some of the majors?.

Even an offer of 50p is 300 percent from here. Not good for those in at much higher in the 35-45p levels.

To vent our frustrations and it’s understandable tbh
Does not mean I’m selling out, not after this long and with where we are in the project.
It’s fair enough to be disappointed with the lack of any progress, as without news we don’t know there has been progress
Given up guessing when news will come, but it is to come at some point