Member Info for mattlilly

Completely agree on governance Colonel...

I was a CGP holder, but as you know we have a 1.3m holding here...

Oyu Tolgui is far more remote and in far more difficult terrain...I gave up on Kincora for that reason...

Total of 771,000 sold in 3 tranches at 25.40, 25.37 and 25.35...losing faith...?

Or more CGP sales...?

Byron you missed point 7...it will cause the SP to tank because of yet another missed deadline...

The very least we can reasonably hope for is the completion of the FNV deal...surely...?

Governance is probably the only valid challenge CGP could make. To be so far off with the UKCode is a poor reflection on Moeller and Mather...

However...let's move on...

Morning...I posted that article last night...

https://www.miningweekly.com/article/copper-heads-for-historic-squeeze-with-chinas-demand-red-hot-2020-09-03

Soaring demand in China...

LME stocks down to just one day's supply...

Backwardation in copper price...set to soar to $8,000...

Fantastic timing for the SOLG PFS and any prospective bids...

"The majors letting Solgold slowly bleed to death before swooping in at the last moment (al la SXX) is the worst case scenario here. Everybody needs to know that there is a risk this could happen."

FOR THE UMPTEENTH TIME...THIS IS NOTHING LIKE SXX!!!!!

Alpala alone will be the biggest silver mine, 3rd biggest gold mine and 6th biggest copper mine in the world...

SXX wasn't even potash, it was polyhalite, for which there is very little proven market.

PLEASE stop quoting SXX if you want to be taken seriously Tiger...

six weeks ago copper set a new 2 year high since when more or less it has gone up and remains over $3...

But day after day, SOLG opens high and closes low...this morning stock was bought at 27p and 200,000 was sold at 26.5p...

Yet once again it has closed down...4% BELOW where that early trade was down...

Lets hope we're going to get some meat on the ones from Nick rather than the no news monotone we usually get...

AIMHO as usual...

https://seekingalpha.com/news/3610399-copper-pops-to-two-year-highs-on-strong-china-manufacturing-data?utm_medium=email&utm_source=seeking_alpha&mail_subject=jjctf-copper-pops-to-two-year-highs-on-strong-china-manufacturing-data&utm_campaign=rta-stock-news&utm_content=link-3

A 348,000 UT at 25.8 and apparently there was a buyer of 174,000 at 26.05 in the auction...

Augurs well for Tuesday...but how often have we said that before...?

Have a good one...

Sound reasoning rcgl...

Meanwhile...

https://seekingalpha.com/news/3609121-copper-climbs-near-two-year-high-inventories-fall-china-demand-rises?utm_medium=email&utm_source=seeking_alpha&mail_subject=jjctf-copper-climbs-near-two-year-high-as-inventories-fall-china-demand-rises&utm_campaign=rta-stock-news&utm_content=link-3

Ah ok...too quick on the thumb...

There will be no massive dilution...that's why NM did the FNV deal and has at least $1 billion lined up...hes talked about debt and minimal dilution...

Are you yet another paid deramper..?

With the COVID restrictions delaying drilling, NM is being pushed closer to end Sept/Oct 15...

I can only see one way to avoid an all out bid (and my favourite is still Barrick as the ultimate acquirer if that is the outcome...)

But BHP are clearly in it for the long run and NCM have decided against selling their stake, so...

I would n to be surprised if NM is talking to both about an Alpala joint venture, as the 'poison pill' against a takeover, but somehow they need to get CGP to cave...

AIMHO as usual...

Lets hope Nicks delivery is more upbeat than his usual bored sounding monotone...

This share has traded between 24.65 and 27 for the last four weeks, while Gold has been up to $2074...silver to $30 and copper to $3.03...

You all know I'm a committed holder, but frankly the PR here is a disaster...no oomph!...tedious presentations...a damp squib at La Hueca...a new HR Manager and a change of Chairman...

They can give all the excuses they want about COVID, but there's just nothing coming out except yet another presentation that we've pretty much all seen before...

Nick doesn't want to sell, but right now this company is cannon fodder...

Not angry, just so....bored...

AIMHO as usual...

Thank god we don't have Harry AA...but I would take Alberto Lavandeira every time...

Copper and gold prices bringing out steady small sellers here...its that d**n dollar rising again...