Member Info for mattlilly

So you can buy in London at 9.65 and sell in Toronto at 10.73...

Wow! Down 12% on the day...

Cheers...blimey S/O sold 400k at 9.77...MMs chuckling...

Bought another 192305 at 9.7233

Another tree shake...9.55/9.65

Indeed only an hour ago they were being bought at 11.6p and 5 minutes ago at 11.3p...

Looking at the trades especially this afternoon, I think PIs are being panicked out of these...

Which will suit the 35 Funds and analysts who met with Scott the week before last...

And the HNW Ecuadorians who are desperate for a slice...

Indeed looking at the TMX price of 11p on decent volume that seems to be what is happening...

Great for the arbitraging MMs...

Ludicrous...bought 208572 at 9.9867...

No cash worries...

Smelting deal to come...

Cheap as chips...

Has to be a buying opportunity in the 9s....?

12 July to 19 July the SP 'rerated' from 8.8 to 11.8 (34%)...

But you cant buck the markets and this AM the Nasdaq had fallen 17% in 17 trading days on US recession fears...

Oil Search has settled Aytens claim for damages...

"Ms Saridas at all times acted properly, professionally and with integrity..."

I dont think S/O is unloading...

Look at the trade size...very few trades above 2000 shares...

I had to do £19k in three chunks and its just taken 30 minutes to execute a trade for £13,000 worth...

Together with the £7k I was able to do instantly thats £39k at 147.4 average...

Bought only a smidgeon above the lowest price since November 2022...

Bonkers!

Meanwhile read this from ADVFN...

Tamesis brokers maintain £3 prince target

"...The recent sell off, whilst clearly painful for management, provides an extremely propitious entry opportunity for investors"

".... share price down 22% despite there being attractive alternatives even if the (tailing) license is rescinded which looks likely."

hTTps://www.tamesispartners.com/research-portal#/portal/tamesis-partners/research/c6563d4e-4220-4b60-bf44-5b22e663e819

1 Nope

2 Probably

3 Are you serious...?

4 Yes; probably; unlikely

5 Do you mean miners and those managing substantial funds put being mean minded above strategic investment decisions...?

In conclusion I expect more newsflow including see below...

For some you may see an unrepeatable opportuinty to buy at ridiculously cheap prices in the next few weeks...

US Markets being hammered by recession news....Tech Bubble bursting at last...?

Nasdaq down 17% in just 17 trading days...

Copper down 22% in 11 weeks...

But gold virtually unchanged over the same period...

The next big news we will hear is almost certainly a copper smelter deal for the remaining $900m costs to build the mine.

Not only does this mean the mine will be fully funded 18 months before the first sod is cut, but...

It will wipe away any residual worrues over the need for equity or convertible funding.

And for people who think the offtake and smelter deals are an expensive way of funding, just think what a $900m equity issue would do to the SP....

Also, the amount of metal being tied up will be a modest fraction of the total that could be mined in the next 50 years!

And, I expect the smelter funding to also have a Buyback Clause...

Scott says Cascabel alone is worth "a buck" i.e. 80p

And there is growing confidence that there could be more Cascabels when we unlock the regionals...

(Which could be funded by an offtake agreement for Porvenir...)

So as I've said for some time now...the only realistic risk to the SOLG SP is a wider market crash but that would only provide more opportunities for those who missed out on the recent rise...including funds, institutions and HNW Ecuadorians...

Because Cascabel won't be worth any less over the next 50 years...

Enjoy!

S'not Scott...

I'm afraid it was a sell...

At last an RNS...

I've just learned indirectly through a broker that a HNW individual has bought £100,000 JAY in the last week or so...

Block cave is cheaper than open pit once the decline is built...

Last chance to buy 80p worth for sub 11p...?