Member Info for mattlilly

I've just reviewed hundreds of trades and it looks to me as if most of the Buys today have been smaller investors topping up their meagre placing allocations, judging by the average trade size...

Some larger sales starting to creep in...there is always some 'seepage' after a placing, as the 'get rich quick' guys take their profitable short term gain...

So lets see.....

I agree colonel but what I meant was that SOLG has now finally repaired the damage done last year...

https://seekingalpha.com/news/3686894-goldman-sachs-is-bullish-on-commodities?mail_subject=jjctf-goldman-sachs-is-bullish-on-commodities&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

Actually addickt I disagree...the shares 'dribbling' into the market will materially help liquidity which as I've said before, when it doesn't exist can kill a share price stione dead, as was my own experience as an AIM GFD...

I believe this will help MMs to make a more active market and as we can only now expect good news going forward, and the copper price is at record levels, I expect the SP to march steadily upwards for much of the year...

GLA

Hi FTJNY...

I was out all afternoon playing golf and I had an important TEAMS meeting this am.

I'm only now able to catch up on the posts.

rest assured...this issue has INCREASED my resolve e to hold and indeed there is a price where I would buy more, so...

ATM still ing and strong with 1.1 million...

Hope this helps...

PS I've also written a long screed to Ingo, broadly congratulating the Company...

The timing wasn't perfect IMHO but it never is except by our luck.

The key for me is fully funded through the Alpala PFS...and an ambitious Regional drilling programme.

The MD&A would have shown up a substantially reduced cash position and would most likely have been issued AFTER the FNV decision date...that would have spooked a few people with them not taking up the $50m...

So...all in all good...with the core investors back on board...

A wealthy friend just tipped me APF on the advice of his London Broker...7% yield...

https://seekingalpha.com/news/3685412-copper-pops-to-highest-since-2011-amid-strong-demand-supply-concerns?mail_subject=jjctf-copper-pops-to-highest-since-2011-amid-strong-demand-supply-concerns&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

2028...

As for

Porvenir...maybe its because it will be open cut...and will go into production earlier...

I'm hoping for an update and news on MRE to put a spark into the SP before an equity raise...

I'm truly puzzled as to why so many UK quoted miners are down today...

Copper hits another 10 year high...

Gold $1780

Silver $26.1...

Not spectacular but much better than four weeks ago...

Still...SOLG solid at 28.85, albeit on microscopic volumes...230k so far...

I think I'll go and finish writing my book...see you tomorrow...

..........

https://www.bnnbloomberg.ca/freeport-beats-copper-estimates-in-relief-to-tight-supplies-1.1593903

https://seekingalpha.com/news/3684758-freeport-selloff-on-rising-production-costs-concern-overdone-analysts-say

https://seekingalpha.com/news/3685225-copper-hits-nine-year-high-on-infrastructure-green-energy-plans?mail_subject=jjctf-copper-hits-nine-year-high-on-infrastructure-green-energy-plans&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

A strong UT again...192,645 at 28.95...the highest price of the day...

Maybe next week will bring a Porvenir update and progress through 31/32 towards the upper 30s again...?

have a good one guys...

BTW in case anyone misses pob69 over on 'the other side' he's now big into ADT1 where the Sprotts own 10% of the company!

Good day...

UT 267105 at 29p...

Disappointed it wasn't 29.30 but its a blue day and the SP was strong into the close...

Just need a Porvenir RNS now restating what Keith said in the forum, i.e. MRE in 2/3 months on the way to a maiden PFS, plus updated excitement about the latest drilling...

zoros Keith has made it perfectly clear twice that he isn't and doesn't want to be CEO...

Quady admits too being dyslexic, but is he really as dumb as he seems...

Talk about ostriches and sand...

Keith Marshall was very clear:

NO COPPER PRODUCTION BEFORE 2028

No DFS untila late 2022...

Possibly start sinking shafts in 2022 with a 2/3 year horizon...

Personally I think Porvenir could come on stream before Alpala...

https://www.mining-journal.com/digital_assets/1b1a9d1f-6ebb-42ef-86f7-79fec83f3756/MJ-Copper-Outlook-Supplement_13-04-21_HR_v05.pdf

"In its 2018 report, Copper M&A: The Cupboard is Nearly Bare, RFC Ambrian concluded that of 55 development projects around the world only 21 had the potential to involve a third party and just five had a high possibility of being subject to a transaction. A year ago the bank published an update and observed that there were now 64 development projects, yet still just five with a high possibility of being subject to a transaction.

The five are: Cascabel, Los Helados, Vizcachitas, Casino and Santo Tomas."

"Stimulus is also coming from an unexpected direction in the shape of gold producers since Barrick Gold president and CEO Mark Bristow spoke about the company needing to increase its exposure to copper."

"Ecuador has increasingly taken the copper exploration spotlight in recent years.
The 2013 Alpala discovery by SolGold at Cascabel reinvigorated interest, leading to BHP and Newcrest Mining investing in the company"

"Concessions are awarded during certain windows via a Swiss auction system. The last auction was in 2017 and another is due this year, although it will depend upon the results of the current presidential elections. SolGold took advantage of its early presence to be one of the winners during the last round, picking up concessions throughout the country."

https://www.linkedin.com/feed/update/urn:li:activity:6790527770914033664/

Up 15% off the floor of 7.60 and 8.80 paid...

And in case anyone thinks I'm ramping for a quick profit, we have over 1 million and this is my next big project from previous ATYM and SOLG gains...out of ATYM but reinvesting the profits before SOLG hits 40p...

I sometimes post a few quick fire posts about what's happening in the market just to let people know...you'll see that also on SOLG...

Hope this helps