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Eloro as the trades were only declared late last night I've no idea. If I were to guess I'd say they weren't just market shenanigans but more likely to be connected to a finance deal which is expected to bolster SOLGs balance sheet. Hopefully find out more next week when certain people are back in Quito, allegedly..I'm guessing. What a clown I am.
I posted in advance the tines I bought, all under 8p and said it was a steal ar that price so you called me a clown.
I said the PFS would be delivered on time, then added it'd be delayed a couple of days awaiting external consultants sign off, which is was. You called me a clown.
I said SOLG were going to PDAC when all others said they weren't, they went. You called me a clown.
I said they'd be high level meetings held, there were. You called me a clown.
Every time I bought under 8p and said it was a steal at that price, it was. You called me a clown.
I could go on but I think I've made my point. Despite acting like a 3 year old on an almost daily basis, even you should know there's a difference between taking the trouble to know whats going on and inside information, which is illegal. Maybe people tick up my posts because they think I do, and maybe they try to ignore you because they see you as angry and bitter at Mather because you blame him for losing all your money, instead of blaming the person really responsible, you?
You're so very tiresome and boring. You really should grow up and grow some balls. Except you're useless at investing and move on.
For me I suppose it was just lucky I'm constantly accurate with what's happening and constantly lucky all my buys for SOLG are in profit. Better guessing right than wrong I suppose.
Anyway some of us have a life so I'll leave you to post away. Hope you're whining and moaning makes you feel better, but whatever you post, it not going to get your money back, or your alter ego Tesla.
Cov let's see how it plays out. The shares are being bought for a reason which I'm sure we'll find out about soon enough.
HFM they can't do that. Once 3% is reached they would have to notify the company the next day and there's a further two days before the company have to inform the market. With those numbers you'd think we'll get a TR1 by Tuesday next week.
So the late trades, do we think they were buys or sells?
Red I mentioned £1 a while back. With Gold, Copper and Silver flying, inflation falling and Interest rates set to follow, a perfect storm for a bull market.
SOLGs balance sheet will be shored up with several hundred million dollars through the sale of non core assets in my opinion, leaving them more than enough to totally derisk Cascabel and prove up additional core assets.
The only question that will be outstanding is when the majors move for Cascabel as every milestone achieved adds more value to the asset. The Exploitation Agreement is next up sometime this quarter.
Once we're cash rich this could end up anywhere. Need a life jacket scoffed at my golden ticket comment but I think he'll be the clown for losing all his money on the Australian market and being too skint to invest here lol.
I do expect the strategic review to conclude with a sale of all non core assets. One would assume this would mean the divestment of all Cornerstone, Green Rock, Cruz del Sol, Carnegie Ridge and Valle Rico assets. There must be over 50 tenaments that have been bundled up and I have no idea how much they would be worth, but I'm guessing they are worth well in excess of the current Mcap? Not long to keep guessing as I think Chris will get it resolved this month. Less than 20 trading days!
Fort I dont think they'll just be selling Porvenir. My understanding is that they are taking out Cascabel and selling the rest of their Ecuadorian assets as a complete bundle, they won't sell anything as a single asset, apart from Cascabel.
Multiple NON DILUTIVE finance offers have already been received and SOLG are in the process of finalising the deal.
My understanding is that it'll certainly be done and dusted this month.
I would think the sell off is largely due to the individuals who loaded up last Thursday realising the individual who promised news today was lying. I think news is coming but in my opinion nothing has changed from my previous comment:
RE: 10.36128 Mar 2024 16:33
Good luck mate. I'm all in as well but contrary to what others post don't expect an RNS tonight. Think it'll take them a little while to sort.
Eloro you'd know the reason you haven't heard fron me if you had read mu last post that stated "I am going to refrain from posting until there's tangible news' as for the other person you referenced I refer you to a previous post:
RE: CE30 Mar 2024 09:18
Eloro have to say I'm more than a little suspicious of this Champion fellow as well. Treat with extreme caution in my opinion..
Blindfreddie it's a common tactic of those negative to a stock to fill a BB with nonsense and push any informative post onto the next page. The sad thing is that actual investors feel the need to bite and perpetuate the problem .
It is what it is. I just filter all that ignore SOLG and also all that respond to the constant crap that's posted. Luckily we're going to have a really exciting quarter so I'll refrain from posting until we've got some tangible news and the idiots disappear.
Predicting 19p by the end of the month.
Eloro whilst I would agree with your comment I've seen far worse CEOs than Scott in junior miners. Regardless of social media comments I'll state again, Scott's comment on 30c is absolutely irrelevant in the scheme of things. Personally he would make a tidy profit after that price and as an investor owning 1% of the company he may well be happy with such an offer. People forget he went on to say that other investors, the other 99% would reject it! It was a stupid question and a stupid answer but I assure you it will have no bearing on SOLG moving forward. Q2 is going to be an excellent quarter with asset sales shoring up the balance sheet and the Cascabel Project moving from the Exploration Phase to the Exploitation Phase, which is the next major milestone. Having made various phone calls over the weekend I know our executives are very bullish. A little patience my friend, this will come good.
Eloro not having all the permits does not preclude a sale of anything. Further derisking just adds more value as each milestone is reached. So a major could come in now for Cascabel or the rest of their Ecuadorian assets (as they'll be sold as a bundle if they go that way), or they can wait and buy it/them for a far higher price as the weeks and months pass.
Be careful who you listen to on here, many personal agendas on show depending on whether someone is long or short.
Got a 5 fold acca that returns £11,500. 2 to go:
City of Troy to win 2000 Guineas 4th May
Raith Rovers to win Scottish Championship
Raith are 1 point behind Dundee Utd with a game in hand.
Today they play away..to Dundee Utd, so a win would take them top of the table, 2 points clesr with a game in hand with 6 left to play. COME ON RAITH a top up on SOLG early May would be very nice lol.
HFM I can't elaborate as I don't know what they relate to. Could be offtakes, could be JV related, could be asset sales, my understanding is whatever they relate to that the company is very happy with what's on the table.
Eloro have to say I'm more than a little suspicious of this Champion fellow as well. Treat with extreme caution in my opinion..
Someone who was a lone voice in predicting the PFS would be delivered on time, and who said SOLG were going to PDAC when all others said they weren't, and who also predicted they'd be high level meetings taking place well in advance of the announcements, well maybe give that individual a bit more credibility? Each to their own, all I'd say is be careful and never invest more than you can afford. GLA
Whilst a blackout period is usually related to earnings, that can be exceptions such as special circumstances, which is the case with SOLG. So in this case I concur with 1984, it is 100% certain executives are in receipt of materially price sensitive information not in the public domain, so cannot trade. The said price sensitive information relates to various financial offers and will be released in the near future and will have a very positive impact on the SP, in my opinion.
Darren reference your earlier post. Whilst I think you are correct I think its important to note the following. SOLG had a six month window to change the Phase state of Cascabel from an Exploration Phase to an Exploitation Phase and I believe this is what has been eluded to from your contact. This is not the same as the Exploitation Agreement being signed off by the Minister for Mining and the Government, which I believe we're looking at the end of Q2. Just my take on things.