Member Info for mattlilly

SOLG 44c (25.5p) to buy...CGP $3.75...

The lack of price action is getting ridiculous...I've emailed market abuse...

Somebody is steadily buying £12k to £20k chunks of this, with more on the books...

Now is that RBC stocking up with a view to selling down this afternoon, even at a loss, to keep a lid on the price...?

Or is it them or another buying with a view to capping the spike when it comes, or...

Is it an insti buying or adding to a stake....?

To be honest, when I first came on board as a SOLG investor, it was as a kingpin in my copper portfolio, having taken six figures out of ATYM...

Now...it is central to my Gold and Silver investments...with copper as a bonus...

Onwards and upwards....

And the Chairman of Franco Nevada thinks Gold could go to $10,000...reported only last friday...

https://kingworldnews.com/legend-pierre-lassonde-says-a-massive-tidal-wave-of-buying-has-started-that-could-send-the-price-of-gold-over-10000/

Here is some very good news...

While FNV do not list Alpala under their producing assets yet (for obvious reasons), it is one of only seven South American assets on this Asset Map...surely that CONFIRMS that they expect to sign it off...

But it wasn't on the Asset Map as recently as May. That also confirms their commitment IMHO...

https://www.franco-nevada.com/our-assets/assets-map/default.aspx

Not entirely surprising, because if you look at their list of producing assets (see below) they have nothing in Ecuador...so Alpala is their foothold and they may very well be extremely interested in further participation in Alpala streams and the emerging prospects in the SOLG portfolio...

https://www.franco-nevada.com/our-assets/assets-list/default.aspx

Remember, FNV are primarily a GOLD streaming company. Their stated strategy specifically EXCLUDES direct investment in exploration or mining companies...

With the gold price flying and certain to trend even higher, there must be a possibility of an additional percentage from Alpala but obviously at a higher prospective price...thereby giving a credible much higher valuation to Alpala...

In closing, you may want to look at their last Results Video presentation in late April...most interesting is that they MAJOR on ESG and its importance (see slide 13)...

https://www.franco-nevada.com/investors/events-and-presentations/event-details/2020/World-Gold-Forum/default.aspx

Enjoy...and GLA...

Meanwhile DGR keeps edging up...investors there must believe in something...

From 8.50 the MMs took the SP down 1p...almost 5%...with almost no sells...that means this is being 'backstopped' by somebody...

And yes I~ understand the possibility of RBC lending NCM stock...and maybe NCM don't care about losses as long as the SP is held down...but when you keep selling stock to buyers, sooner or later you actually have to buy stock in to cover...

So...will we see a spike today or tomorrow as they let the SP go, or, more likely...

Will we see some chunky sells later today and a large UT again...?

All views appreciated...

Or 0.06% of the company....

Bought three tranches 23815 (at 23.38) for Mrs...20,000 (at 23.38) and 70,000 (at 23.47) for me...

The longer we have to wait for news, the more tightly coiled the spring....

From last year...glowing account of Rio Amarillo..."a sleeping giant..."

https://www.proactiveinvestors.co.uk/companies/news/912847/solgold-explorer-may-have-found-a--sleeping-giant--within-its-portfolio-of-copper-gold-assets-in-northern-ecuador-912847.html

Meanwhile CGP down 7.4% in Canada....SOLG at $0.42 = 24.5p...

For the avoidance of doubt...two lots of 50,000 and one of 49.037 are all buys not sells...10.6, 10.7, 10.8...

Now 10.972 to buy...

It was good natured...cheer up...

Leave it Goldie...you were doing well at recovering your gravitas...

Oops! Sorry Zoros!!! Fat thumbs...

It was of course SOLG that I doubled my money in not SXX...let me restate...I bought SXX at 2.5p; sold at 12.5p and never went back in...

Huge apologies to anyone who thought I was making a wholly irrational claim...

Thanks again

Nick Mather is highly credible and can stand on his track record.

I have no trouble with him leading this company and one way or other he will get the best deal for us, but...

I was so disappointed with his recent responses and antagonistic language that for the first time ever I wrote to the CEO and Media officer of a quoted company, more or less along the following lines:

"If Mr Mather wants to be the CEO of a major miner, he needs to start speaking and behaving like one and not be dragged into petty squabbles..."

No reply yet, but not holding my breath...

OK its the weekend...21 degrees in Yorkshire...golf later...

How about:

RBC is holding this back with NCMs shares (I like that one...)

Cascabel will be taken to production by a major miner (not SOLG);

Either an Alpala takeout and joint venture, or...

SOLG takeout...opening bid at 50p...Barrick ends up owning it at 100p plus...

AIMHO as usual...(not firm predictions, just making conversation...)

So why the doomomngering comparison with SXX?

You may be intending realism, but there is zero comparison...

My smarter friends have replaced their SXX with SOLG and they will more than recoup their losses...

AIMHO as usual...

PS I was so upset about so many people being so overexposed to SXX (including someone I know throwing his entire pension pot into it) that I kept researching it over and over to see what I had missed....

Meanwhile I staked my strategy on copper/gold/silver and have already doubled my money once in SXX (in at 20p, out at 41p, back in at 20p) and three times in ATYM...rewarding myself with an AMG GTS for my 70th...

Thank God I avoided SXX, I'd be on the buses...

(Apologies for the immodesty)

DGR was up 12% last night...I'm now in profit...!

No ASX announcements so it must be SOLG related...a bid in the offing...?

More b******s from you TBTT...

Are you invested here? In which case your sanity needs testing.

If you're not, please contact GoldFingerer and share your drivel in Wetherspoons...

When will people stop comparing SOLG to SXX...THERE IS NO COMPARISON!

SXX was always going to be a dog. I bought at 2.5 and sold at 12.5 and then steadfastly refused to buy back in...

The SP was driven far too much by emotion and local sentiment. I live in Yorkshire and could not believe the irrational drivel being spouted by highly intelligent people.

It was a POLYHALITE mine, not Potash. The only global supplier is ICL, next door to SXX and why do you think that is? Because people will always buy potash in preference.

If you want a potash investment, Emmerson is cheaper, easier to mine...

SXX was massively overhyped. All the future contracts were totally conditional. Anglo American may have picked it up and we'll see but it was always going to be sold at next to nothing because that was all it was worth.

But SOLG has ALREADY PROVEN UP resources at Alpala alone that would make it the biggest silver mine, the 3rd biggest gold mine and the 6th biggest copper mine in the world...and guess what...ALL those commodities are in global shortage with rising prices.

And just wait until the first Porvenir results come back.

Name one major mining company that had a stake in SXX...duh...duh...

SOLG has two of the biggest in the world and no doubt they will soon be fighting with the likes of Barrick to pluck this ripe, succulent fruit...

End of rant and AIMHO as usual...

And in case anyone thinks ~I don't know what I'm talking about, I'm up 75% since 1 January on a portfolio dominated by gold, silver and copper stocks DESPITE SOLG not yet having performed...but she and I have almost 1.2 million at c20p...

Cheers to all!