Member Info for mattlilly

A deal like this and the SP would catch fire...

https://www.canadianminingjournal.com/news/first-quantum-inks-500-million-copper-deal-with-jiangxi-amid-panama-mine-struggles/

Bought another 200k at 6.1368...cheap as chips...

10 months ago these would have cost £45k...

22 months ago £80k....

If MSCI is dropping SOLG from tomorrow, lets hope we see the last of these disruptive mass trades...

First 58 trades today were Autobots that took the SP down more than 5% to 6.02...

With MSCI gone all we need is a steady flow of positive news and this could triple bag by Easter...

Wont put the Chinese off...theyre in DRC...

Been in Cape Verde for two weeks so I guess this may have been posted

https://wp-solgold-2023.s3.ca-central-1.amazonaws.com/media/2024/02/Feb-2024-Corporate-Presentation-1.pdf

The Gold in Cascabel (31.3m Oz = $63.73bn) is worth more than Japan's entire Gold Reserves ($55.846bn)

https://www.ceicdata.com/en/indicator/japan/gold-reserves

No intrinsic value

Fountain of money laundering...haven of drug dealers, sex traffickers, etc.

No regulation but its coming...fast...

"Regulators around the world from Europe to Asia ramped up efforts to bring about formal laws for digital currencies in 2023 — but it was the U.S. that took some of the harshest legal actions against major players in the industry....

The European Union looks set to apply its Markets in Crypto-Assets legislation, which is aimed at taming the “Wild West” of the crypto industry, in full force starting next year."

https://www.cnbc.com/2023/12/31/state-of-crypto-regulation-in-2023-eu-laws-approved-but-us-is-top-cop.html

And one of the most volatile assets in the world...

So if you want Bitcoin, what on earth are you doing here...?

SOLG isn't an AIM share...

Probably shows why you've lost money...no research and complete ignorance...

I think I may have hit on the substance behind all the Autobot trades which have been disrupting the SP, dominating volumes and generally pushing the price down on weaker days...

I've been monitiring Morningstar's list of Mutual funds and how they have varied and one thing I noticed was the large number of MSCI funds...

So what is MSCI? Well...here they are...

https://www.msci.com/

And here's what they do...

"A suite of large, mid and small cap indexes designed to accurately represent and measure global equity markets as they evolve, within a single framework."

https://www.google.com/search?client=firefox-b-d&q=msci+index

And then noticed that Blackrock are their biggest 'licensee'

https://www.msci.com/documents/10199/1719b1e7-9108-4dc1-99ce-ed55adad95f7

"With over 650 ETFs2 tracking MSCI indexes globally, more ETFs track MSCI’s indexes than those of any

other index provider. "

Now as we know, tracker 'funds' have to be very active, which might well explain the multitude of relatively small trades...

And of course SOLG would not only be affexcted by the trackers having tgo follow the SOLG SP, but also the MSCI Mining indexes would have to do the same...

But as I have said before....the volumes are pretty insignificant for such a large number of trades, so when do MSCI and the various Mutual MSCI licensed funds decide it is not worth having SOLG as a core stockj...?

If they do, volumes and numbers of trades must drop and therefore the SOLG SP would then once again represent the true underliying trade patterns of institutions and PIs...

And given that nobody is selling (unless MSCI are unwinding), surely the SP will start to trade upwards again...

Then its just a matter of hitting resistance levels and not have the bots trashing the SP simply because it has hit trading resistance, therefore allowing it to break through and gather momentum.

Then all you need is a constant flow of good news and we'll soon be back at 20p...

GLA

B3ast...

You have posted 60 umes in the last month...

29 times on Solgold...

Every single one negative...

So you are clearly a poaid deramper or hold no shares.

Own uop which or go away...so transparent...and Jezzoo and others...

Filtered!

Https://news.sky.com/story/how-ecuador-governor-turned-no-go-zone-city-around-in-just-26-days-13082294

Oh and to remind you...the insiders still haven't bought any more shares, so there must still be something material going on in the background...

These are NON EXEC appointments so may only cost say $100k pa.

Jan Liu is significant...Jiangxi effectively owns Vakuestone who took a significant stake years ago. At any time that could be consolidated with Jiangxis stake.

As a Board member he gets an in depth look at everything and this may well be designed to get BHP and Newmont to make their minds up. Mr Liu has been invited to join the Board..the other two would need to up their stakes to 15% to have the same purview that Jiangxi now have.

The Board was light after Twigger and Clare went and no matter how king it takes for the first bid to arrive, 5 Directors is not enough for a FTSE company.

Also since Ingo went they haven't had the same Financial insight into mining capital markets, except for Big Bad Bob.

These appointments show Daniel Noboa that SOLG means business.

But dont forget there are also two other major players with a strategic interest....FNV and Osisko...both of whom valued Cascabel alone at a minimum of c$1bn...

And if course there are 15 other interested parties in the dataroom...

So...message to Newmont, who've made a decision not to proceed with GGP...

What's your strategy now...?

Good to see more non Bots buying....and in decent size...

Ask yourself why there have been no Director or Insider buys yet...?

They must clearly still be in the close period that has extended since December 14...

Which means that there must be something else going on in the background preventing them from acting to take advantage of these low prices.

So what could it be?

Fund raising by equity? Not needed yet.

Streaming deal...? Possible.

Sale of the CGP holding is a possibility and my bet would be they would be auctioned to the highest bidder...that would spike the price and get bid speculation going...

Whatever it is it is surely a 'monetisation' event and maybe one which had to wait for the PFS for maximum value, e.g. a JV proposal for Cascabel.

Or maybe it is something else, such as the sale of one or more of the other projects, e.g. Porvenir and they simply wanted to get the PFS out of the way first, thereby putting a floor in for the SP....

Whatever it is there is something happening and it should be good for the SP...

But can it light the blue touch paper...?

Autobots hammering this down again...must be manipulation to keep the price down, otherwise what is the point of a multitude of trades that make little or no money...

Now the Board can do something about it, no longer held back by MPNI...

Must be imminent...they've been held back for 2 months...I expect a raft of insiders to buy now...

"Material uncertainty" is a standard clause...

They could do another 0.5% steaming deal at the drop of a hat...

KapilD its Sangha who is in charge of the financing...massive experience e.g. Wyloo Noront...

Totally agree JMA46...wealthy people making money from driving good companies into the dust..