Member Info for indi123

"....In addition, the Ecuadorian government signed a preliminary agreement with investors regarding the Cascabel copper-gold mine project, the largest undeveloped mine in Ecuador ( the owner is SolGold in which Jiangxi Copper has a stake ) . The project has submitted an application to enter the mining phase, and the Ecuadorian government hopes to sign a formal mining agreement before the end of the current government term so that the project company can obtain all project construction and mining-related permits to promote start-up capital expenditures of up to 5 billion in 2025. dollar project construction ."

Above extract from :

https://mguba.eastmoney.com/mguba/article/0/1356654862, article dated 7 October 2023.

Was that 750k share trade at 9.35p, a buy or a sell - who knows?

I do sometimes wonder if the Mark Twain definition of a miner applies to the Solgold Bunch....are they being found out?

Just ruffling the feathers :-)

"But that gorilla dust might be a bloody big sandstorm Every M&A deal ROB has closed (see GRH bye line)"

Forgive my ignorance, but who is ROB?

Hainan MiningAnnounced on September 28 , as of now, Kodal Minerals PLC ("KOD") has completed the debt restructuring of its wholly-owned subsidiary Kodal Mining UK ("KMUK") and completed the acquisition of its local subsidiary in Mali, Le Minesde Lithium de Bougouni. Registration of SA ("LMLB"). At the same time, except for the exploration rights of Sogola Nord which have not been transferred to KMUK due to pending renewal, the mining rights and exploration rights of other Bougouni lithium mines within the scope of the transaction have been vested in KMUK. In view that the delivery procedures involved in this transaction have not yet been fully implemented and confirmed in writing by both parties, the latest delivery period will be extended to October 31, 2023 or a later date confirmed by both parties.

Above from :

https://finance.eastmoney.com/a/202309282861665051.html　

So LV, are you saying today's news is not "good" news?

...in the wall of cash :-)

LV1991 (on Friday 8 Septemebr):

"RE: RNS 8 Sep 2023 11:15

Indi / As I have said, this time I have not traded it, I have bought and held, and am still holding, so I am not talking it down looking for a cheaper re-entry and what a ridiculous statement to think that a few posts on a board would achieve that on a company with a market cap of £155m"

LV1991 (on Tuesday 12 September):

"RE: Tough times ….Today 13:49

Not really Tom, sold 50% of my holding last Friday...."

LV1991 - you are trading it; which is perfectly fine. However, don't come on here de-ramp now you've sold and are looking to buy-in once again to trade.

They may wait to see how Cascadura flows, before making a decision regarding future funding.

LV, by your own admission you trade this share. Traders views are always based on their current position in relation to a share. They will it to go down when looking to re-enter and talk it up when holding.

Keep trading it LV and good luck to you - just cut out the c**p please

"....assuming there are no technical/safety issues"

What a ridiculous statement !!

LV1991 if you sold up last year, why are you still here? Unless you are looking to trade/short once again:

"LV1991

Posted in: TXP

Posts: 63

Price: 70.00

No Opinion

I have given up on TXP...30 Sep 2022 15:32

I can't complain, I have traded TXP and held TXP in varying amounts over the last 2 years and overall done very well. I started selling again when we hit £1 again and sold out my last small holding yesterday. No doubt there will be an RNS on Monday and the price will shoot up by 25% and if it does I will be happy for all the LTH's here to deserve it. Both the climate in T&T and the delays on Coho and the poor communications have led me to lose confidence in the story and although the fundamentals remain intact, I don't think any of the future timescales will be met. In the meantime and especially with turmoil anticipated over the next 6 months, I think there will be safety in cash and good opportunities in the volatility. Never say Never and I may well be tempted back again, but the last 5 months have been exasperating and could have been handled so much better."

I thought they'd suspended drilling because the drill-bit was unable to drill more than a metre per hour. Something to do with the type of clay they'd encountered.

Just wondering what options are under consideration by the company in relation to MOU-2. Do our resident experts think it will be re-entered at some point soon or will the company choose to finish working on the other wells before returning to MOU-2. Your thoughts would be appreciated.

Thanks for your reply SpArmada. When comparing the images for 16-2 to 36-2, the wellpad area for 16-2 is clearly visible on the images, however there is nothing showing for the 36-2 wellpad. I would've expected to see at least something which looks like a wellpad.

Perhaps the well-versed could shed some light on the lack of satellite images showing 36-2 activity. With all the work going on over the last few months, I would have expected to see something on the satellite photos. Unless 36-2 is located in a satellite blackspot.

For information, I'm using coordinates 38.84907 / -109.98661 for 36-2.

When produckng 72000scm,at a price of €0.88 per scm.

So should be earning around £7m per annum from Selva. That's outstanding for a £18m market cap company.

Thanks for the info Varnish. Much better trading volume over the last couple of days. And many buys are showing as sells on lse's trades page.

Can't really tell if these large trades are buys or sells.