Member Info for mattlilly

Gold, silver, copper, metals and minerals down...

USD still holding strong but US Indexes treading water...

S&P trebled; Nasdaq doubled; DJIA up 63% under Biden/Kamala

Lets see what happens next...

Only £100k volume...sale of 250k; Buy of 120k; otherwise nothing over £5k...

That was out days ago Adie. I've been through it and commented on it. But worth a repeat.

The trouble is add that BBG's attacks and accusations have led to a far more reserved approach to communication.

Thereby we are all losers.

I may have a telecon with ST later. I'll ask those Qs if I can...

Only a couple of significant buys, otherwise no great size...

Dismal volume again but closed at 2$ off the lows...

"The announcement of the start of early work at the US$250mn Curipamba copper-gold mine in the latter part of year and the beginning of construction of the operation in 2025 has revived hope about the future of the industry in Ecuador.

Curipamba is a medium-sized mining project being developed by Canadian companies Silvercorp and Salazar Resources and is located in Bolívar province in central Ecuador.

It will be the third industrial-scale mine in the country after the Mirador copper operation and the Fruta del Norte gold mine, and it is expected to pave the way for other projects such as La Plata and Loma Larga in the next two years, and later for other large initiatives such as Cascabel, Warintza and Cangrejos...."

JL... "Currently no one of management has capabilities/knowledge to be mine builder, if Solgold want at some point build the mine, the entire management has to be changed..."

Try this...

"Mr. Caldwell is a mining engineer with over 40 years of experience in the global mining industry, having held several senior executive roles, including Chief Executive Officer at Guyana Goldfields Inc. and Allied Nevada Gold Corp., as well as Chief Operating Officer at Kinross Gold Corp.

Prior to those roles, Mr. Caldwell held several senior operating positions and has experience building and operating gold and base metal mines worldwide, including in the USA, Canada, Russia, Zimbabwe, Chile, and Indonesia. "

"Except as set forth below, to the knowledge of the Company, as at the date of this Circular, no Director,

executive officer, or Shareholder holding a sufficient number of securities of the Company to affect materially

the control of the Company is, or within the 10 years prior to the date of this Circular has:

(a) been a Director or executive officer of any company (including the Company) that, while that person

was acting in that capacity, or within a year of that person ceasing to act in that capacity, became

bankrupt, made a proposal under any legislation relating to bankruptcy or insolvency or was subject to

or instituted any proceedings, arrangement or compromise with creditors or had a receiver, receiver

manager or trustee appointed to hold its assets;"

Nick Mather was a Director of Armour Energy which went into liquidation in January 2024...

1 If we vote against Mr Liu Jiangxi might come off the fence and make a bid, So he doesn't get my vote

2 It would be crass stupidity to vote Scott off. Just imagine what would happen to the SP, especially as it drifts down during the time it takes to get a new CEO who would be an unknown quantity.

Look what happened with Cuzubbo. If he had stayed he would have bankrupted Solgold. Better the devil you know.

Nope. Sorry medi...

Because he's banging about gold and silver...

Rick Rule at c12.30..."G Mining, the best Mine building company in the world..."

https://www.youtube.com/watch?v=Zam6pRagBo8

Meanwhile Dimensions Group Funds (Directed by Rick Rule) own 3.77 million shares, almost unchanged in October...

https://fintel.io/so/gb/solg

Middelkoop (Commodities Discovery Fund) certainly held at the end of 2023...

https://en.cdfund.com/clientdata/227/media/pdf/11Commodity-Discovery-Fund2023-ENG.pdf

And yours is entirely opinion as well...

I'm certain that a CGP share sale to the right buyer would spike the SP and probably spark a takeover scramble by PIs

But thats also my opinion as I respect yours...

And I was only asking if you had sold any because it would have worried me on your account...

My goodness you are prickly today mate!

Don't split hairs...I meant the Sprott Funds when I said Sprott...

Rick Rule founded Sprott, sold it and now leads the investment team...

So how do you know he doesn't hold shares personally...

At the current daily volume of 3.8 million lets say 6 MMs aren't making more than £3k a day on the spread so they have to move the price up and down to make any money...

Respectfully I have never hid the fact that I trade at the margins , which is why between us we have 3.5 million at an average of c9p...

Don't be daft...if a major would be predator...ESPECIALLY Jiangxi...bought 155 million shares at 20p there would be a market frenzy...

A 150% uplift on today's price...

I strongly suspect there have been informal bid approaches and they were told "you're wasting your time below 60p, otherwise we're building the mine ourselves..."

I do hope you haven't sold any of your shares Bozi, especially with an intention to buy back lower?

Bozi...I respect you but please state facts...

Sprott holds 6.22 million shares having increased by 30% in October...

Rick Rule is Sprott...

BTW COPX holds 39.64 million, having sold 7 million shares in October...which may substantialy explain our SP slippage from 10.9p to 8.35p...after all thats 350,000 a day...

https://www.ii.co.uk/shares/solgold/LSE:SOLG

Wnen did Scott Caldwell sell?

THEY CANT BUY IN THE OPEN MARKET...theres virtually no liquidity...