Member Info for mattlilly

So far 11 people disagree with you tiger...

2 posts in 30 days...my case rests...

30,000 attendees...

Just looked at the Presenters List including:

BHP

Barrick

BMO

Osisko

Agnico

Rio

Newmont

Wyloo

Vale

Wheaton PM

Teck

Lundin

FNV

Glencore

First Quantum

Ivanhoe

and thats not the complete list...

Exhibitors included the above plus

AA

Dundee

Equinox

First Majestic

Murchison

Minera

etc

1235 EXHIBITORS in total...!

Then you imagine the thousands of Mining Fund Managers (because this is a MINING congerence...)

So PDAC finishes tonight

Then Fund Managers have to travel home, sharpen their pencils...

Just imagine the pent up buying demand by the end of the week...

And then imagine further positive newsflow hitting over the next few weeks...

And you have the foundations for a massive rerate...

And thats not even counting the old, sold, new and pending Private Investors watching what was 2 years ago...

"The hottest takeover story in the City..."

Enjoy!

Closed at 7.72...up 17%...more to come this week...?

Gold at 2147/48 has three times bounced off a genuine all time high...

Massive tree shake in BTC yesterday 69 down to 59...

Will the money switch into gold...?

SOLG has $79BILLION in the ground at these prices...

I could currently sell 500k at 7.83, having bought them at 5.90...

But not going to despite a nearly £10k profit...

Can we close above 8...? That would neutralise some of the doubters...

Currently 38% up since Monday 8.15...

Stop nakedly deramping...

Do you think we're stupid?

Non-dilutive fubding imminent...

Since 8.15 Monday, SOLG is up 40%...

A clever spot by HH...

"once Solgold gains in market cap it can reenter the MSCI Small Cap index for a UK addition. So on the basis of news the market capitalisation might be high enough to enter the next index revision which is quarterly. So call it short of 30million shares to buy..."

Unfortunately its only a quarterly review so this won'y help until May 2024...

However if its proportional to MCap, the MSCI tracker funds may have to buy many more shares...40, 50, 60 million...?

Aha...a much better participation by PIs in the last hour or so...

And a significantly better proportion of trades (and higher average value).

AT trades 62% compared to the average this year of c85%...

Onwards and upwards...

Whoever originated that gloating ignorant post might have noticed we are up £39k so far today and £53k since Monday's close.

Not gloating...a long way to go yet...

I won't mention it again but I very much doubt an apology will be forthcoming...

Solgold mentioned in these BMO analytical reports...

Even in 2018, Cascabel was already being used by BMO Capital as a comparator...slide 27...

https://minedocs.com/17/INVMetalsInc_Presentation_November2018.pdf

It has several times used SOLG as a comparator for shares it is analysing:

Arixzona Metals November 2022

https://petergrandich.com/wp-content/uploads/2022.11.01-BMO-AMC-Initiation-Report.pdf

Page 20. The peer comparison valued peers on avverage at NINE TIMES Solgold's copper equivalent and that was 16 months ago when the copper equivalent resource was well below the most recent values...

That would make SOL worth almost £1 a share on BMO's peer comparison...with nothing in for the projects outside Cascabel...!

And ATEX Minerals...Page 24 JANUARY 2024...

https://cdn-ceo-ca.s3.amazonaws.com/1iptijb-ATX%20Report.pdf

BMO is holding SOLG shares in their All Equity ETF

https://in.marketscreener.com/quote/etf/BMO-ALL-EQUITY-ETF-CAD-132560297/components/?p=21

And their Balanced ETF....

https://in.marketscreener.com/services/solutions/?utmzb_campaign=cmp++popin_cmp_refuser-s-abonner+refuser-s-abonner+&utmzb_content=++++&utmzb_source=popin&utmzb_medium=url_declenchement

Watch this space...

If you're expecting equity financing and 'non dilutive funding' turns up in the next few days, you may end up paying much more than 7.5p...

Https://capitalmarkets.bmo.com/en/news-insights/global-metals-mining/gold-expected-to-shine-amid-uncertainty-world-gold-council-at-bmo-conference/

Buyers Remorse...of course...

It seems ironic to me that, despite the disconnect between the major holders and insiders not selling any shares, private investors have seemed to be fairly reluctant to buy, allowing the Autobots to dominate...

Private investors own 23% of the shares according to Simply Wall Street (i.e. excluding 'insiders like Mather and Sangha).

Clearly we had an impact in keeping Nick in his NED role, so in the absence of further buying by largere investors, we hold the key...

Mind you Director Buying might materially change that...

However, despite the foregoing today is a better day.

PS I learned many years ago that in general, private investors buy near the top and sell near the bottom...FOMO and 'Nuyers' Remorse'

So don't get left out because theres planty of good news coming down the track and how long can the 'interested parties' continue to play this gigantic game of 'chicken'...

$13.8 million net cash at 31 December with a monthly cash burn of $1-2 million...

"Non dilutive" funding imminent will put all cash worries on back burner for at least 2 years...

Well done Mrprt...that's a significant wedge. Keep in touch.

I posted the full list of deals at 17.46 yesterday and it didn't impact the TSX so let's hope for a better reaction today...

(Although it may have been an undercurrent to yesterday's steady rise...)

The second of several positive RNSs to come...non dilutive funding next...?

Or a TR1 ?

Wish...your hard earned cash doesnt disappear unless you sell before monetization is achieved...

2.9m at 9.5 average and patiently waiting...good luck.