Member Info for mattlilly

Why does the message stream keep disappearing here...I can only access up to 08.08...methinks the LSE website is struggling under the weight of its own success...

The DGR halt could be the most significant news this week...needs a capital raise...halts until 12 October...does that mean Nick knows something is coming before then that would cause DGR to surge and make the capital raise a breeze...does Nick need the breathing space to focus all his attention here...the halt predates the CGP EGM decision, the CGP bid expiry and the BHP release...

Bid or big news incoming...?

All these buys and the price ain't moving...where are the MMs going to get the stock from....must be a guaranteed seller...NCM, CGP or who...? Someone wants this capped...

AIMHO as usual...

This is the one...trust me, this is the one we've been waiting for...it could blow the others out of the water...

Believe...

AIMHO as usual...

Two lots of 690160 sold at 37.60 at 15.55...and yet the market closed at 38.25...

Roll on tomorrow...

UT 192191 at 38.25...

Now bidding for 400,000

I'm now bid 38p for 300,000 again...can we break 40p...it will be a fascinating UT with all this liquidity...

AIMHO as usual...

SOLG up 3%...CGP down 2% at $6.08...says it all...

Bid 38p for 250,000...offered at 38.4...

Market bidding me 37.486 for 300,000 following the earlier 650,000 trade...

Onwards and upwards...

If you read this arrant rubbish you'll see that CGP are now down to just over 6%...

hTTp://www.goldtelegraph.com/cornerstone-capital-resources-looks-to-unlock-lots-of-value-in-the-months-ahead/

CGP DO NOT own 21% of Alpala...only 15%. SOLG has a controlling interest...CGP's 6% stake in SOLG gives them no power over that.

No mention of the costs they will have to front up when production starts and how they would fund that. Otherwise SOLG can buy their Alpala interesting for $3.5 million.

No mention that their stake cannot be transferred to BHP if they bid.

And if the story is so sexy, why are CGP languishing at $6.06 on no volume when the SOLG bid is now worth over $7....

Oh and as for the lack of liquidity in SOLG shares...325,000 traded on TSX so far...48 million on LSE in the last four trading days...

CGP shares traded today...? 6,600...yes that's $40,000 worth cf SOLG today $3.7 million

How do the Board of CGP get away with it...must be desperate...?

Oh and that 6% shake is down from over 7% in the last few weeks...are they having to sell SOLG shares to stay afloat...?

Don't know where you get your numbers Colonel...

If its Alpala then its 27.2% x 85% = 23% + 15% = 38%

If its SOLG then its 27.2% + 7% = c34%

Where do you get 47%?

Smickster...I think Rio is the one NM really wants to announce....soon....

Hawkspear...39.7/36 means it was in auction...you couldn't have traded on those prices...

SM...why would BHP pay 45p a share yonks ago and then sell out just as more Tier One prospects are being discovered...syurely they're smarter than that...?

I'm bid 36.9 for 200,000....next chunk above is 181k at 38p...

CCC Tongguan...see below...

Quady...we're not a major miner until we mine one ounce of ore...that's a long way off...

Latest statements of relevant mining majors:

BHP CEO Review 22 Sept "We will create and secure more options in future-facing commodities through innovation, exploration, early stage entry and well-timed acquisitions of attractive resources and assets."

Chairman of Barrick (Annual Report): "Our journey ahead is rich in value-creating opportunities, particularly in Nevada and Latin America..... We are also looking closely at expanding our copper base, given that copper co-exists with and complements gold."

NCM CEO "Our Aspirations" in Annual Report: "Exposure to five tier one orebodies by end of CY20 (operations, development projects, or equity investments)"

Then there's Freeport McMoran, Lundin (already with Ecuador mining interests) and CCC Tongguan...

"The presence of CRCC-Tongguan in Ecuador is no coincidence. Throughout his 10-year mandate, leftist former-president Rafael Correa sought investment from China as he distanced the country politically from Western politics."

In conclusion, with its relatively unexplored position on the Andean Belt, Ecuador will undoubtedly be the next major mining boom country...and that means even other miners may be poring over SOLG as the excitement builds...especially at this price...

After all, Blackrock are here....