Member Info for Jerryspaniel

Addicknt, that is poor form. Whenever I have asked Anna something she always replies. Often with 'I am afraid I cant comment on xxxx'. Sometimes that can be revealing but mostly I can understand why she says what she says.
In this case I think she or the company should address the issue, maybe not in an explicit RNS but as an addendum to another release. We dont want the company causing worry unnecessarily but the danger is that this could have a life of its own.

addicknt, have you been ignored or has Anna specifically said she cant comment?

The poor (not financially!) man is 73/74. I think he should be able to choose to retire. Of course he might be a consultant now, as so many are.

It certainly feels more like insto than PI. Wonder who is selling though?

Anna has just emailed me with details of next public presentation. March 5th in Toronto at PDAC. Its on the PDAC website with 15mins scheduled at 3.45 local.
Make of that what you will.

My guess is that we will know whether we have a Canadian seller by this afternoon.

Twohits, you really are beyond the pale. Why do I have to justify my career to this board when no one else even mentions their careers!
I ran the European Aluminium trading arm of a large US multinational. I then moved to another division to run the trading of another industrial commodity. I then moved into financial trading where we traded shares class, risk arb and holding company arbitrage around the world. Large volumes, for small margins. Technical stuff around companies equity structure. At no stage did I really need to know anything about charts and technical analysis as we werent flat price traders. I was also a director of a small car parts biz in the UK and a Aussie oil e&p company so I know about drilling for oil but not copper. Over 30 yrs in total.
Now I wonder how many other posters on here will put up their cv for scrutiny. None I bet.
I will however accept your apology for doubting me.
And I am seriously not being funny!!!!!!!

Cos I try to never be rude to anyone.
Cos he/she may have something to teach me
Cos I don't believe in conspiracy theories. If I did it would waste too much of my time.
Jerry is obviously my dogs name......

This board does love a conspiracy. I don't know why. It never occurs to me.

I have had that strategy in the past with quite a few investments, though as my plan has been to significantly add to this investment as and when a second asset has been proved up, I am not sure its appropriate this time. I see a second asset, whether its Porvenir or ByN or wherever as being key to getting full value for the company, whether through an asset sale, a t/o or even mine development. Of course it doesnt reduce the political risk, which will remain and maybe increase.
I have no problem buying rallies on news as depending on the news, this could de-risk the investment.
The retracement from the BHP news is disappointing but tells me that there are too many PIs or weak holders in the stock and not enough instos, but I have said that before.

Morning FR.
Well I am always interested in other peoples views especially if sincerely held and backed up by reasoned thought processes. I prefer views that are opposed to mine as its where I learn more. I am no technical expert but I do look at charts from time to time, especially on more liquid indices.
Whilst I was a commodity, equity and hedge fund trader in my working days, I have never 'traded' Solgolds shares, in that I have only ever bought shares and never sold. For me this is my largest investment and therefore one that I see has the potential for the largest rise. I think the SP is very susceptible to newsflow and there is a lot of that about, so selling something that I own in the hope of buying in lower down doesnt fit with my thinking. However I have used the 35p level as a price to add recently.
Some things I own are just trades, opportunistic and will probably be sold if I see a (say) 20% gain. Others I hold as investments with no plans to sell, like SOLG. Of course I have a few of both types which have suffered these past few months, but thats the nature of investing. Does that explain anything?

Strider, Thanks for your comments. I was hoping for a response from FR too, as I think he was the one talking about 37.5p being critical.
My tea cups have a little piece of bone china on the handle for my little finger to rest. Maybe thats what it is :-). Just teasing the techies!!
Zeus, thanks for your kind words. I agree Schlemiel is a great poster and finder of good info.
I do find it rather odd that there havent been many broker comments on Porvenir. Would have thought Hannam would have said something, and Peel Hunt too, now they are jt broker. Its either significant enough for a comment or it is irrelevant - and they should have had advanced notice of the release. Maybe they are too busy skiing......

After last nights pretty awful close to SOLG, how does it look to those of a more technical analysis bent? I would have thought a close below 37.5 wasnt the best thing to happen....
Doesnt bother me overly as I am in it for the lt and only selling when NM sells but be nice to know what to expect next week.

From my notes of the webinar in Nov NM had two favourites - Porvenir and La Hueca. No one else mentioned those, but spoke of others. I wonder whether the next news of one of the 11 targets will be La Hueca? And if I was being slightly mischievous, that NM knew about both before the webinar......

Sav, many thanks indeed.

Does anyone know whether a PEA would normally include some sensitivity analysis for the sales product, namely Au and Cu? I would have thought that it might be relatively modest given timescale and size of operation, but it would be nice to have that information I would have thought.

I would like to thank all of you who have taken the trouble to post answers, opinions and links to my recent couple of posts. Much appreciated.I learn something when I question the obvious. Maybe others will do too. I have a very large investment in this company and have never sold a share so it's great to learn from those who have the superior knowledge.

Maybe I am Strider. I suppose I am looking for some answers to questions, though I am not a geologist so I not sure what to ask! How about:
1. What is rock saw channel sampling and how is different to drill samples?
2. What can one infer from surface samples?
3. Is target 15 just a number relevant to the whole of the company or specific to Porvenir? What are 1-14?
4. Is Porvenir the next target for drilling after Alpala, or have there been others that have not made the cut?
5. Can one infer anything regarding ByN or La Hueca from going to Porvenir?
6. Would this work have been done ahead of drilling anyhow, or is it because there are no permits yet?

I think if we had all had a bet on what would be the next news released, rock saw channel samples of Porvenir 15 would have been not even quoted by the bookies.
I get its good news, NM keeps telling us that. What I am trying to understand is how good, how relevant and why now?

And a very HNY to you too FR. Thanks for your interpretation.
I find it a little odd that we have this RNS. They dont have a drill permit for this yet, though they seem to have done some preliminary work that sort of infers something, maybe. Have they done similar work at the other 10 sites? All a bit tenuous IMHO. Just not really sure what the point is and whether there is some hidden meaning. They must have other news re the continued drilling results at Alpala, the PEA and the tech report.
But they chose to announce this in isolation.

I am in no rush addicknt, but I would like someone with the relevant knowledge to interpret the announcement. Absent that I am sure we will get a broker update that one of our intrepid posters will find.

Not wanting to play down the significance of the RNS but its hardly a second Alpala yet. Does anyone have the skills to interpret the geophysical information, as opposed to the words of NM?