Member Info for mattlilly

TMX is irrelevant...volumes are always minuscule..39.4k is about £9,000...

Thanks for stating the obvious Paul...

Thats what the PFS is about...we already know it will probably cost $3 billion, which has to be raised somehow...that's Ingo's job and he's been working on it for at least a year...

I had to SLOG through that post BNC...

BHP has block caving expertise...

I'm confident we'll get both Lunchmoney

Topped out at 23.2 on TMX...still sat there...

That was a GOOD end to the week...

Strong afternoon again, closing with a 212,394 UT at the highest point of the day...AGAIN...

Through the 20 day MA...almost touching the 50 day, only needs 24p next week...

27 will take out the 200day MA then we just need the 20 day to cut the 50 day at c24...

This has a good feel about it...get the election out of the way and then we can expect a slow but steady stream of good news...

I agree on the Alpala/PFS update DBW...but it must come out on a good day, while we still have momentum...

Looking good...we just need 23...then 24...and 26...and whoosh!!!

No idea mate but thats a huge block of 450,000 gone through...helps liquidity...and the price has stood up well...

And we've broken back through the 20 day MA...24 would see us well through the 50 day...then all we need is a 20 day 50 day cross and we're off to the races...

Strong buying late afternoon accelerating into the close...

UT 206214 at 22.10

Highest closing price for a fortnight...augurs well for the next tax year...

More and more confident we have seen the bottom...

AIMO as usual...

Lumber prices are an important predictor of future inflation in the US...they've been flying...

https://uk.investing.com/analysis/inflation-on-the-way-cotton-and-lumber-say-its-already-here-200457021

Oceanbank guy on Bloomberg says he's seeing extaordinary input rice increases across the board for hi customers...and...more important...they're able to pass them along to customers...

That means higher retail prices and higher wage demands..supply push AND .demand pull inflation combined and off we go...

The FED thinks its got the tools to contain this, but they're being driven by actual data, not forecasts, which means they're going to be behind the curve once again...and this time it could be hyperinflation...even in the short term, gold/silver is the place to be, but with Biden's infrastructure plan, EVs and a massive switch of demand to non-urban housing (which is massively undersupplied)), due to changes in work patterns, copper is going to be very much in demand...

Gold at $2300 and copper at $5 this year...just as Alpala is revised and Porvenir and Rio Amarillo are proived up...

Hold onto your seats...

PS I wrote to Nick to thank him for all that he has done in the last 15 years, including securing our retirement for the rest of our lives...

Here is the nub of his reply to reassure both sides of the argument...

"Ive got plenty of work to do and Im going to be more effective this way...."

Hi zoros...

I don't think ARCM is a good comparator, as its a special situation...indeed I bought back in yesterday at 5.85 for the final push...

But comparing SOLG to the mining sector in general, it has held up pretty well vs other major shares and commodities...

BHP down 11% since March 1

Copper down 5%

Gold down 3%

SOLG virtually unchanged...

Onwards and upwards...

OK...bought 100962 and 99863...

Back up to the fully invested level before we took profits on Oct 9 at 42p...

GLA...

https://seekingalpha.com/news/3677201-copper-demand-from-auto-industry-expected-to-double-as-evs-ramp-up?mail_subject=jjctf-copper-demand-from-auto-industry-expected-to-double-as-evs-ramp-up&utm_campaign=rta-stock-news&utm_content=link-3&utm_medium=email&utm_source=seeking_alpha

I strongly echo your good wishes Novice

Playing their cards close to their chests DBW, but puzzled as to why the SP isn't higher...

our mgt not our meat...

OK lunch money. its no big deal and won't affect timing.

Another miner had some difficulty moving heavy equipment into the area, so our meat has deemed it wise to get the election out of the way before preparing for water supply, which will come by trucks as not much is needed.

So is as simple as taking account of local sensitivities short term.

Hi Lunch

Been out playing golf.

I'll find out and get back to you.

ATB