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Novice, Kat, thanks for clearing up.
1984, an honest mistake amongst the thread with multuple links below...you popped up a few months ago and simply put are vile and infecting the board with way more stupid and ridiculous, wild and innacurate post so go ahead and enjoy your lies. Hope you feel good, what a piece of s#i"t of a human.
Video below @ 20mins 20 seconds
"Look atSolgold, great example, it's one of our main holdings. The whole company is valued at 300million. This is the largest undeveloped copper gold project in the world ............. Solgold should be trading north of 1 Billion"
https://www.youtube.com/watch?v=29a8mjIzwV8
Not once did hear 3 billion, although granted a few seconds before he did say some companies should be 100 - 500% higher.
Annoys me when people make stuff up and it gets perpetuated without being factually accurate.
Despite the above, I certainly hope and expect it to be way way more of 1 billion, I just think he was referring to current share price based on macro trends to date rather than the target price.
ByronBayGold: is the £117B estimate based on the latest PFS I am assuming and Cascabel only or any value attributed to other tenaments and/or the the inferred resource at Cascabel?
Https://www.bnamericas.com/en/news/ecuador-signs-historic-agreements-for-more-than-us48-billion-within-the-framework-of-pdac-2024
"In collaboration with the banking giant BMO, a meeting was held with investment banks interested in Ecuador."
"Among these projects are: Cascabel, led by Solgold and signed by Scott Caldwell; "
Above article mentions Solgold and Cascabel directly.... More interesting is the "I'm collaboration with banking giant BMO" ... On balance I'm swaying to the view that investment is sorted also.
If so VERY interesting times ahead and this will relate very quickly.
Https://www.bnnbloomberg.ca/china-tightens-grip-on-copper-key-to-world-s-energy-transition-1.1997688
Out of curiousity, I used Microsoft's Co-Pilot (an Artificial Intelligence / Gen AI) feature on this one page of chat.
I asked it the question
"summarise the chat sentiment in the page and tell me who the most negative poster is"
The answer
"The chat sentiment in the page is mostly positive and optimistic, with some users expressing their hopes and expectations for SolGold and its projects. However, there are also some negative and hostile comments, especially from users who disagree or criticize each other. The most negative poster in the page is Slug, who insults and mocks other users, such as Quady and 1984Investor, and expresses doubt and sarcasm about SolGold’s construction timeline and strategic review. Slug also uses derogatory terms such as “plonker” and “dopey” to refer to other users."
Found it quite amusing as it is as objective and data based as you can get... also seemed to associate slug despite that not being a username... lol
Not saying this is true or untrue... but the quote below seems to be lifted from Google translate, and may be mis-interpreted. Also, seems contradictory to recent RNS and a change a week later would probably merit an RNS itself.
Just saying but make your own minds up
Wanted to sum up a few end of week thoughts here as been following ad-hoc but not much been happening, also for no other reason than it is a public board and I can.. . lol
Warren Irwin - Whilst I respect the guy and his track record, strikes me as nothing more than a typical American (yes I know he is Canadian) who is over confident / arrogant and would walk over anyone / anything to get his way... including insinuating that he knows more than he can let on - I don't buy it personally. What was it he said - "fast and smart" or something similar? - proper egg on face although he will never admit it. In reality he is a frustrated investor trying to influence as best he can to get as much as he can out of Solgold. Don't buy into those people that hang on every word / tweet (or X posts as it is now called).
Nick Mather - be careful what you wish for guys ... never got the band wagon of people jumping on him for not delivering... the proof is in the pudding and the current CEO/MD performance judged by share price is woeful to say the least. Not hearing people screaming for his head ... yet!! I'm not convinced. Tempted to say bring back Nick ?
Investor and trader - I trade this and have made a very tidy sum, but I am also an investor having have never been fully out of Solgold with a sizeable chunk in ISA and pension. Do I wish I sold everything at 40p + - Yes Do I think my 'investment' will come good... yes but now less clear than ever as to how that will materialise. :-(
Current share price - tempted to buy some more but fear this will fall further with general market conditions... multi bagger for those that get in now and can wait 12-18 months IMO.
Have a good weekend all
So mr1981,
With respect, what is your view and where do you stand with respect to Solgold?
I've seen nothing but disrespectful and downright condescending views from your good self that are adding absolutely nothing of value to this board.
I disagree with more than half the people on this board, the other half I think spend way too much time on here and well as another 30% (yes said tongue in cheek) if I could be would probably start an argument with in real life if their views on the board were as obnoxious, self absorbed and lacking any real deep though in real life as they are on here.
Fine to disagree with people, but don't act like a t_wat. Would be nice if you posted something factual, interesting, thought provoking related to Solgold with actual ideas... You don't have a clue who and how much people may or may not be invested here so don't go round saying everyone is clueless bar your good self. If you think your the smartest investor in the room, your in the wrong room buddy so do yourself a favour and move on for your own sanity.
Personally Novice, I think he was much better than Nick from a presentation perspective... nick always seemed to lack energy.
Agree nothing majorly new from a discovery or update perspective but he gave a better overview of the company as a whole I think
Key points I took from presentation
- interim CEO has 19million shares, invested since 2016 so has skin in the game (yes he also got shares as options but fantastic that he has purchased himself previously)
- states twice' we are mine finders not mine builders'
- confident and gave a 360 view of company, tenanaments, CSR
- gave confidence that he and others attach significant value to the likes of Porvenire
- repeated several times Ecuador are issuing no more tenaments so if you don't have one, your not going to get one... This bodes well for some value to be attributed to the 70+ tenaments also
Overall I was impressed and more than happy with my investment overall..... Just (like everybody) getting a bit impatient as to when jam tomorrow actually is!!!
@TheItalian Thanks ...
Been in 10 years and trade and invested (or you could interpret that as trading but that is subjective). Made a lot on various peaks and troughs, but not as much as I could have.
Current lot is currently underwater, but previous profits mean overall I am up and still hopeful of a very good payday (one day).
Despising at the current share price, despite throwing a good chunk in recently around these levels the low price does concern me.
I'm not a chartist and this is not based upon anything, but looking at the 5 year chart, could we be at a 20th March 2020 price point inflection where my hope is there is much upside from here?
Honestly this share keeps you guessing and even today's (current) small rise seem to come out of nowhere based on nothing. My take on the share...
Entertainment factor: 8
Investment potential: 9
Worry factor: 7
Direction certainty factor: 3
Randomness factor: 6
Lol
Agree, even though ThisIsMoney is the Newsround of financial journalism, it has a wide audience and suspect we may see a small rise on rumour appearing over coming days / weeks.
I'm planning to add £28K worth Monday to trade on any hoped for rise, if it doesn't I still believe in the longer term value here be it 30p / 40p / 50 / 60 or more so thinking not much downside from here at all unless it comes close to running out of cash again.... Even that risk is diminished I think as we have Cornerstones shares sitting in the bank/treasury for future sale without issuing new ones.
Cautiously optimistic but seen it enough times this share is predominantly sentiment driven when there is no news and little things like press coverage isn't going to do sentiment much harm.