Member Info for mattlilly

Aha! Great spot...I wonder if they closed gtheir position between December 19 and January 12th...?

I hold shares in ADT1 which will commence mining this quarter, mainly silver, with some zinc, gold, copper, etc.

The reason I am mentioning this is because I have just valued the totality of their resources at their two prospective mines, which comes to a Gross metal value in the ground of $7 billion...

Their market Cap is £540 million...

Cascabel's Gross metal value in the ground is $170 BILLION!!!

Market Cap £220 million

Now even allowing for the fact that ADT1's first mine will go into production this quarter, and it is in Europe...

This comparison shows how ASTONISHINGLY UNDERVALUED Solgold is...

The above takes NO ACCOUNT of the 90+ other projects in Solgold's portfolio...

Porvenir alone has a Gross value of metal in the ground of $20 BILLION....thats almost three times the Gross value of ADT1!

So maybe now you can understand just one of the reasons I am very, very bullish on Solgold, which is unquestionably being manipulated to keep the price down...

Just like Gold, Silver and Copper...

Correction...typo...only TEN are sensible comments...out of FIFTY!

So I haven't looked in for a few days, been in London.

I have 65 names filtered.

Of the last 50 posts:

29 are green bars

11 are responses to idiots and

Only 19 are sensible comments.

What I can't understand is why sensible posters continue to feed the beasts that are wallowing at ghe bottom of this stagnant pond, as opposed to FILTERING THE IDIOTS!

PLEASE?!

Jiangxi IS the Chinese State

Jiangxi Copper Company Limited was formed by parent Jiangxi Copper Corporation, which is owned by the Chinese government, in 1997. Jiangxi Copper Corporation owns 48% of Jiangxi Copper Company Limited.

https://en.wikipedia.org/wiki/Jiangxi_Copper

Look very carefully...nobody is selling...

Price driven daily by Autobots...

Interest rates will settle at a long term 3%...

Meanwhile...

https://www.mining-journal.com/base-metals/news/1460027/china-double-ecuador-copper

65 filtered...

Meanwhile the reassuring RNS has gone down like a silent fert in a convent...

Formerlyeasyp...you post nothing on here for ages...if ever.and then you come on here and post uninformed negative rubbish...

Stick to ADT1...I'm sure they keep a smile on your face...

Filtered!.

I believe 2024 will show SOLG to be primarily a gold play, in terms of valuation metrics and predatory interest...

Gold will surely break out this year and a Bull Market in Gold Mining Juniors is long overdue (last in 2010).

While I also think copper will continue to recover, it is only a direct consequence of declining net supply and the strength of the dollar. So I think a recovery to and beyond $4 cannot be guaranteed this year, although Supply/Demnad dynamics will surely exert themselves over the next 5 years.

Silver is in relative terms a sideshow, but not to be dismissed, because management has already stated that silver sales will cover the AISC, leaving the latter at zedo...i.e. the cheapest net AISC in golbal mining...

Hope this helps

"Since 2019, she has been a researcher (Fellow) at the China-Latin America Center for Legal Studies at the University of Shanghai."

https://www.ii-js.org/home-es/mariaamparoalbanes/

Https://twitter.com/wmiddelkoop/status/1747847087020990927/photo/1

Bought 100k at 7.88 on a T20...

Settlement 16 Feb...after PFS3...?

Copper set to bottom at $8,000 this year ($3.63/lb)

Could that be the start of the next bull market, with deficits forecast for years to come?

https://seekingalpha.com/news/4055564-copper-drops-to-five-week-low-as-more-data-shows-sluggish-chinese-economy?mailingid=34026281&messageid=2900&serial=34026281.20469&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=34026281.20469

Bought 1 million for .435

I'll watch and wait with the other million...

Cheers!

Meanwhile the SOLG SP is doing not bad when you look at UK markets in general...every share in my Watchlist (31) is down...

Luckily I'm only invested in 8 of them, having switched from CAML to EQX today...

Hi snowman

From an informed source I understood that the Directors could not buy running up to the AGM and cannot buy since.

The reason for the latter, I don't know and the MD&A isn't due until c14 February, so the 'close period' would normally start c14 January (i.e. past).

Given the 31 day constraint, I can only assume that the PFS3 is due by 20 January latest, i.e. 31 days after the AGM.

So that blankets 20 November through to 14 February for no Director Buys...

Otherwise you can be certain, with the depressed SP, that there would have been buys...

Hope this helps.

Thanks again for your honesty.

I am responsible for my own decisions.

Near miss...

On 28 December I asked

"Can I ask again if anyone has a view on the cash position?"

I got these honest answers...

"Red Knight It is my understanding they have enough cash to see them through to the end of Q1...."

And

"Hemo - You say: "Personally I think it highly unlikely a placing will be done at current levels, I'm sure that RM would not want to dilute his 79m holding any further. "

Spot on! New management are confident that there will not be a need for further dilution in the near term. "

Luckily I decided the risk was too great and held off doubling my holding...

Good luck all

B3ast...Scott isn't getting a 'decent wedge'...his salary is $200k...he earns far more from a sale with his massive options...

And Bob Sangha has 5%...