RE: MENTAL16 Mar 2020 11:46
I'm a fairly staunch fan of Boris and Cummings etc, but I find their critics more convincing on the topic of their corona plan. As for Solg getting funding anytime soon, I'm guessing that would depend on stability or even growth in the gold price. It's not a bad asset to be involved with in such dramatic times, (although don't look at the shareprice as I say that!) Presumably they're going to try and resuscitate the world economy with lots of free money, which should flood into gold, or so the story goes.
With their upcoming news I would like to see them give it a little razzle dazzle by highlighting that at today's prices & according to their old pea, Solg would be producing half a million? ounces a year at minus $50 per oz (or whatever the numbers are using copper as a byproduct credit.) And highlighting that the upcoming pre-feas is expected to produce better numbers again because of abc. Basically portray a gold focus to the market, and highlight their lowest quartile numbers. Anyhow, the stock is sucking, I'm sure you've all noticed.