Member Info for mattlilly

FRES has pretty much tracked HOC and so whichever way you look at it, surely FRES is the better bet right now...?

Especially if sellers have been hedging by selling FRES because they can't so easily sell HOC in size...?

Markets hate uncertainty...look what happened when W beat Dole...3 week delay...markets tanked...

Isn't the point of this Board...or any...to share information, wisdom and opinion...

If you only have one side or if nobody ever says what they're doing and why, its pretty much just opinion...

Thats it...Castillo can't be beaten...

34,000 votes to be counted...lead is 71,000...

Sorry...to be precise I press "Preview Order" and the order is immediately processed (Sell of course, not Buy)

It means if I hit Buy the transaction is instantly done...its not just an order...

And there's an interesting thing...I'm firmly bid for 400,000 at 32p...

Suggests there is still strong institutional interest in the background...?

Still 103,000 on the offer at 32.8 (but seems to be matched on the bid at 31.95, but...

No large block on the book all the way to 37p...copper up...gold and silver holding...why isn't this going up...?

Colonel...I avidly read your posts and neither you nor I are the authority on what people on this Board think or do...

Agree all that mister...

Sharketmare thats entirely fair but I was away on holiday and even struggled to sell the shares on my antiquated mobile...it slipped my mind...

TBH I got back in too early yesterday, but the shares I sold to buy them have gone down anyhow...

If this current surge continues I may sell some to get back to my lmedium term target of 1 million (her indoors has the other 300k before people start carping...1m plus 300k = 1.3m...)

Thanks David, I post within a minute or two of the trade usually, if I'm around, otherwise people might suggest I was 'piggybacking' somebody else's trade... ;-)

Thats a very interesting article Gorillaman...I read most Kitco articles every day. As a former holder of ATYM I use the copper price graph on their ADVFN Board as the link through both live copper prices and Witco articles.

But here's a different spin...

While of course if there was speculative interest in SOLG, copper would be a major factor, I'm willing to bet that, RNSs aside, the gold price has a much tighter correlation with SOLGs SP than copper (whereas ATYM is of course highly correlated to the copper price).

So here's the thing...

The article makes a very good case for copper and that should put SOLG right in the headlights for market attention, but...

It makes just as good a case for gold...especially as copper had risen 143.5% from March 2020 to May 10 2021, while gold only rose 22% in the same period...

(More relevant perhaps) is that since March 2020, copper is now up 125% and gold 26%.

And that IMHO is one of the key reasons why SOLG has not performed as well as, especially ATYM, a pure copper play, up 256% in the same period...

But to turn it round the other way...and this could ultimately benefit SOLG, perversely...

The Chinese have been gold like there's no tomorrow...now own more than 1/4 of the gold ever produced; and are rumoured to be contemplating a gold backed renminbi to destroy the dollar for once and for all as a global currency...

But much more relevant...since June 2017, Gold is up 49%, silver 61%, Copper 79%, but...SOLG is DOWN 28% and, more to the point, FRES has HALVED in value (despite making more m money from gold than silver)...

There is no logic except...

Copper will be the new gold...

God is overdue a big rise (and associated miners a much bigger leveraged gain)

Silver is ludicrously cheap (it was $44 ten years ago; now only $27.6

SOLG is ludicrously cheap and FRES even more so...

ATB

Not ramping...just an observation...Offered side looks fairly light all the way to 32.65 and even that will probably ratchet higher as the price rises, based on the esxpereince over the last week or so...

Fingers crossed...

Porvenir MRE and counting.....?

I post my trades because there are people on here who are interested in what positions others are taking and also because it indicates my state of mind re SOLG at a point in time.

There's no hatchet to bury...I post and take it all in good heart...now that our one eyed resident has quietened down again this is a really good board. (I unfitered him and, to show my goodwill did not respond to any of his recent posts...whats the point...)

PS If I sold all or a major chunk of my SOLG do you think nobody would be interested...?

BNC I ALWAYS appreciate your posts, even if they are negative towards me...open for a healthy debate any time...

Sound advice addickt, but I can't see why a major shareholder with no representation on the Board could be in possession of inside information, unless they have been given it in confidence as part of the new 'love in' or they are contemplating a transaction with SOLG...

"Inside information is not always easy to identify. But it is important that you consider whether information your organisation or department has, creates or may want to disclose, could be inside information, even if this analysis causes some delay.

Broadly, MAR defines inside information as information of a precise nature which:

- has not been made public
- directly or indirectly relates to one or more issuers, or to one or more financial instruments and
- if it were made public, would be likely to have a significant effect on the prices of those financial instruments, or on the price of related derivative financial instruments

"Has the information been made public?

Is this information ‘precise’?

Is this inside information when combined with other information?

If this was released, would a reasonable investor be likely to use it as part of the basis of their investment decision?"

Some examples:

"- proposals to amend the terms of an industry agreement, contract, license or exemption
- policy changes and consultations or conclusions of any sectoral reviews which could affect one or more companies or a sector
- information received as part of your organisation’s regulatory functions"

Of course, any such information which NCM received while they had a Board Member could still be inside information and

Any information pertaining to any interest BHP or NCM had, such as a strategic direction, in relation specifically to SOLG would of course be inside information to the company concerned.

Hope this helps...

Hi addickt...they've never mentioned him at all..I've been in contact with IH, KM, KS, FH, LH and of course good old Eliza...previously NM when I sent him my genuine best wishes following his 'relegation'...

Sorry...51,162...

Bought another 51,167 at 32p...rude not to...