Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Delighted with this RNS. It put's a different slant on the whole project and adds credibility to SOLG already excellent ESG efforts. Majors will want to be associated with this for sure. Have a good week ladies and gents. C
Go 7uck yourself Stack. 6ft 11.. yeah right - what a bell3nd. Do one
I bought 200k just after 1pm for 5.99 so I've done my bit đ... let's hope the bottom is in and there's some decent news in the offering from PDAC next week as owning this share has been brutal since late last summer. ATB, C
This is definitely wishful thinking but nothing would signal Ecuador being open for business in the mining sector like SOLG signing some sort of deal next week at PDAC with the President in attendance. The rest of the global mining industry would be there to take notice. Bob's finest hour yet to come.
Going to see how this pans out this afti and maybe add some more for a short term trade into March as funds should have finished clearing out today and some funding news must be imminent. ATB, C.
Interesting times... what's Porvenir currently worth?
Looks like our buyer is munching up stock on the tsx. 21% up.
Haha, fair point slug... don't get me wrong - I'm still a believer and more than happy with today's bounce... Will just be a but more thrilled when there's a 1 in front of the seven then I might be back in profit. Same again tomorrow please bulk buyer whoever you are... if nothing else just so I never have to real one of nal's posts ever again. đ. C
Loving all the new rampy contributions to the board from new faces... just wished I'd waited till 7p before buying over 2 million of these cun7ing things. đĢ
Still, we'll be sold soon đ¤đđđž
Well, it's been another tough week which has on occasion given me concern for my investment decision here in SolGold. We are told 'we have never been in such good shape' as a result of our primary assets being significantly derisked, we seem to have a supportive administration, demand for the assets we've discovered looks structurally strong for the long term, a revised mine plan that looks financially very attractive, a management team that seem to be aligned in their desire for a sale... etc, etc.... but WHY is the sp so low, what are others seeing I'm not....
Of course other junior minors are having similar experiences, but then I thought I'd catch up on the Vancouver Resource Investment Conference that's been on recently and hosted by someone I always listen to, Jay Martin. If like me you have genuinely felt the frustration of recent weeks, listen to this session on copper with Rick Rule, Ross Beaty and Ivan Bebek and you'll realise this is just par for the course and even seasoned pros go through situations like us as investors in companies like Solg.
https://youtu.be/32Ra47Oi9Vg?si=ImqnaMHLB7qRo1HC
That said, the company will remain under pressure and I hope have some other news to follow-up Fridays excellent revised mine plan.
Let's hope for real value to return soon. đ
Assuming no more restrictions, would be nice to see some director buys over the next few days... and big ones!
Agree with your comment on who feels the most pain Texasmincer, but 'nobody wants the asset' - really? I don't know that to be true but the shareholder register, commodity outlook and industry commentary tell me the opposite is tue. But I guess that's the point of the BB... differing opinions. I guess one day we'll know who ends up right or wrong and one thing is for sure, we're one day closer to finding out. C
Completely agree Add, nothing new today and the reaction is heavy ha handed to say the least. Not sure what's going but I'm trying to keep things simple in my own mind. We have the assets more advanced, potentially more saleable ( depending on the imminent pfs ), supportive administration and global demand will remain for whoever gets the bloody stuff out of the ground. The drop from 20p to now 6p has been brutal but if Maxit and friends pull this off, nobody will remember this phase and they've done thus before, and let's face it if it goes wrong they'll all loose for more than any of us. For this reason, I'm putting it to the back of my mind but we must be getting close to boom or bust soon.
Taking the edge off the day in the Ladbroke Arms, Holland Park. I suggest most of you do the same :)
Still reckon pfs3 is game changing slug?
Thanks RK, makes sense to get that out in short succession then.
Can directors buy again now this is released?
so, we all knew they were going to need cash so surprises today tbh. getting to this level of cash left with current burn was always going to be received badly - so makes sense to get this out before releasing news that the co. hopes will be received well like the updates pfs.... so this should follow soon.
options for finance;
1. equity raise. not happening i'm imho.
2. sell banked shares as we know there has been interest. certainly not at these levels.
3. royalty deal. potentially, but risks ******* off a suitor just at the wrong time.
4. assets sale. porvenir? before we sell cascabel makes sense to flog this if there is any sniff of interest before as would help set a benchmark.
anyway, we're all at the sharp end of this now and management really do need to step up. c
Carolina Orozco chairwoman of the CME(Mining Association) states in this video they had a busy January with the Ecuadorian National Assembly & parties agreed on scrapping 2 mining tax laws deemed enormously onerous for the mining industry. No details mentioned but GOOD news $SOLG
Curtesy of HH on X.
Bloody hope so Slug, 2-1 against villa - get in! Let's hope things start looking rosier on all fronts soon enough. âŊī¸đđĒ¨đâŠī¸đđž
Potentially BIG week this week all, best of luck to all, we've all been here too long so let's hope the next batch of news is the catalyst we've been promised. C
Well, one thing is for sure, cash is slowly running out and the next option to raise capital must be the banked cornerstone shares. If they are to be sold to a strategic, the board have to work their nuts off to get the sp up so someone doesn't get them for s song so catalysts must be coming. Thanks for the update on the PFS 2 Hfh, might just add Monday or Tuesday as surely it can only lift the sp from here. ATB, C