Member Info for earthling

To lose over 50% of value in such a short time space, regardless of infuencing factors, indictes to me it won’t be long before we are heading upwards, towards the most recent broker target of 740 range I think the next set of results around October time should give us a boost All IMHO and I don’t need to watch minute to minute daily price changes of less than 3% to presume this

he' s clearly not on holiday, Id be embarrassed changing my mind tens of times a day, strikes me he hasn't grasped the basics of what charts tell us and when.

IMO Commenting constantly throughout the day giving different view points within minutes its at best unnecessary and confusing, at worst bordering on ridiculous.

Is on Newcrest and BHP making an offer for Cascabel, not SOLG as a whole I then think there will be a counter offer and BHP and Newcrest will up their bid to take control Before this happens I think SOLG will raise some chase to reinforce their leading position at a price above 25p Exciting times IMO

probably angry I'd guess lol

thanks SAV, very interesting indeed that article

3 way bidding war, wouldn't hat be nice.

thought you were on holiday?

Thanks but I don't need educating on the jurisdiction risks with regard to Ecuador compared to Indonesia.

thats not actually true re SOLG, until feasibility studies on both are done.

At Cascabel there is already good transport, water and power, close to port, safe jurisdiction etc etc.

They have a very rich core which is increasing in size.

If as you suggest ARS is a better bet why yesterday have BHP made a move and taken a 6% stake.

Do you have anyone like BHP or Newcrest getting involved here, putting their money into it?

that could be a sell at that price

its difficult to call at this stage, other than, at this stage there is no way BHP can get hold of this cheaply.

If I decent offer comes in then I'm positive NM would accept with regards to Cascabel on its own.

I'm wondering if this may also affect the timing of revised estimate, possibly bringing it forward slightly, to see the hand of those who are genuinely interested in buying.

I dont think NM will have a problem raising more funds to take to feasibility, from where I am, Id prefer a sale of Cascabel before the end of the year, although I'm aware this may not happen.

Certainly things are warming up, its not unusual in these times for majors to get a piece of the action rather than full buy outs, but its also a distinct probability someone will want to have this resource for themselves, as they look ahead a decade for instance.

I for one cant call it, we will always be the last to know, but there are several other majors out there who could spark a bidding war.

What are peoples views on the relationship between Newcrest and BHP? Before yesterdays news it was looking more likely to me that SOLG and Newcrest would be taking it further themselves.

If BHP want copper in Ecuador then why wouldn't they make a bid for it, rather than holding just 6%, makes sense that they would want to increase this.
IMO
NM has stated a farm out is out of the question, so its either a bid/sparking other bids, or we take it further ourselves with Newcrest?

not that either is easy to judge by the way, if it was we wouldn't be posting on here, we'd all be loaded!

one could disagree, and say its just as easy to evaluate when a bottom has been reached, as it is to evaluate when it has turned.

but I think we have first refusal on their stake? so I don't get that?

unless I'm missing something, I don't understand why they would do anything right now if they don't have to pay anything until we take it to production?

Or have I got that wrong?

If so their stake is getting more valuable as the resource grows, so they will just sit on it hoping for sale?

I don't think he meant 15 fold in price,.

your post history shows you always post negatively on every share, which kind of suggests you choose shares you like and de ramp toi try and get in cheaper, no doubt buying in tranches as a SP is falling.

Why else would you be on this site and different shares with no interest in any of them? Doesn't make sense?.

They do a great range of air max

yes, defo the best shop around currently for trainers, IMHO and I know many others who get their trainers from there.

I think it might be the two of them rather than them bidding each other Unless solg and Newcrest were planning to take it to production I prefer NMs rinse and repeat model

His point was this is a totally different entity re debt etc