Member Info for Jezzoo

If Eurowave 3 travels around the world I can see the 250's by the first week in April, I've bought in the 250's and sold in the 310's twice this year already.
Rinse and repeat ?
It might just happen.

Sorry, 'CE' CaveatEmptor !

I agree CA, that's what I would do if I were AA.
Waiting could get very expensive, especially when the likes of BHP come sniffing around.

are gonna drag this back to the placing price if we don't get some sustained big buying soon. IMHO
Unbelieveable !

The porphyries have been there for several million years, I'm sure they'll still be there when the rain stops.

If you look at the early days of Alpala in Ecuador, SOLG's SP took a while to really get going but when it did, it 10 bagged in three weeks.
All that in a difficult to get to, difficult to mine, difficult to transport goods to and from area of a not completely stable country miles from the emerging copper consumers factories
We are in a very stable first world country, local processing plants, our mineralisation depth means open pit not block caving, also Alpala's paydirt STARTS about where ours has already been producing for 980m, we are a few 100km from the nearest port and we already have a potential buyer. Due to the rapidly increasing prospects, personally I think AA will either have to have very deep pockets or a major Major will buy it. Unlike SOLG, I don't think XTR will drill forever and maybe go into production. With respect, CB isn't a young man and he won't want to be waiting 5 years for his biggest payday ever.
I think XTR will fund many a retirement in the couple of years but that's just my opinion.
You may have noticed I'm not big on quoting figures, I can't be bothered to look up the exact numbers even though I know them so I tend to generalise.
We are going places and it's probably going to be first class travel all the way.

At the time of writing it was, bouncing around 0.17% either side of open.

Yep

Brent in the red, WTI not much better.
US open will send this below 3p I fear.

is now so out of kilter to the value of this company now. I know we only have assays for the depth of the porphyry and one could argue its like a pencil dipped in a swimming pool if taken at face value, but you have to imagine that during the formation of this body of rock it was a boiling , swirling soup of minerals. The copper is diluted into the rock, it's not like a coal seam or a gold seam, it hasn't been pushed up a crack in the rock and have a finite line between paydirt and dirt.
What investors need to understand is that the copper is infused into the rock and if it's nearly a km long it will be, more or lesss, infused throughout, the proof will be in the next couple of assay results to fill out the 'pencil' to swimming pool proportions.
A lot of money to made by LTH and traders here in the next 6 months or so. One morning we will get an RNS with an offer and the traders will be locked out though.

from this morning !
MM manipulation to suppress the SP IMHO

to the assays. Sell on news and disregard the details.
Under 7p now but will finish blue, especially if CB has a call from share prophets this afternoon.
A massive amount of risk has been taken away today, I look forward to the next couple of assay results.
They should confirm the basic value of the project.
10p shouldn't be too far away.

Let's hope Colin Bird doesn't get carried away and spend 8 years drilling 'oles until he drills himself into a corner like Mather !

Not much above it though unfortunately.

Probably get pegged at 7p......... ;)

Does Reverse Circulation Drilling mean filling the hole back in again then ?
We need to know............

BlackHopper,
Thanks for taking the time to reply, I can see your points, all valid but until I see some concrete
evidence that EEE are imminently going to pull the shiny stuff out of the ground it's hard to forget the past.
Time will tell.

That's easy,
Relentlessy drill holes/chip rock samples, but never actually get to the stage of producing anything.
For years.........
I don't need to 'flesh it out any more than than the facts.
BHP wouldn't even read pastthe heading 'EEE' in a comparison to SOLG, and they won't bid for SOLG as they are probably going to try to steal it due to SOLG thinking they are bigtime.
That's my logic......

The problem is that the RNS didn't capture the imagination of the PI's who would potentially buy here.
I know you should always look forward and disregard the past but so many of the past RNS' have been lacklustre and haven't resulted in a money producing conclusion either.
The majority of people reading that RNS this morning would have though the same as me, more drilling, more money spent, followed by more drilling, you only have to look at SOLG to see where that you gets you after 10 years.
Don't take my word for it, you don't have to, the SP says everything you need to know.

BP has been pretty much range bound in the 310-323 range for the last couple of weeks, I think maybe this a dip below the range , if it bounces hard I think it could see 330 before month end barring adverse news from the world in general.