Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
NM is presenting Tuesday at PDAC. I'd say Monday Tuesday may be release. Maybe releasing today was not done because CGP may be presenting on Sunday at Ecuador day. Trying to take a little wind out of CGP sails???
PDAC has an Ecuador day on Sunday and NM presents on Tuesday. I'm betting my gonads on the fact that the PEA and a updated resource estimate will be released ahead of NM's presentation on Tuesday. Hopefully I'm correct as life without my boys will be awful. Nothing to hold on to when it's cold out!!!
GLTA
Ecuador Day
The Ecuadorian mining sector has become an important destination for miners and investors from around the world, due to its significant wealth creating potential and world class infrastructure. As part of the program, the Minister of Energy and Non Renewable Natural Resources and the ViceMinister of Mining for the Republic of Ecuador will present the country’s plans to establish mining as a pillar of the economy, including key objectives to ensure responsible and sustainable mining project development. Revisions to the permit granting process in order to increase exploration activity in Ecuador will also be discussed. Additional presentations will be delivered by delegates of companies currently active in Ecuador.
All are welcome. Registration is not required.
According to my presumably astute convictions we should be seeing the PEA within the next 48 hours. I do have a margin of error of one business day which could put us to Monday. However my spidey senses tell me that the next 48 hours shall be fruitful.
May the force be with us all!!!
Thursday, Friday, Monday.....
Updated resource Monday or Tuesday
If I was in charge that's how I'd roll it out.
JMHO
I don't expect PEA to do much immediately. It will however unleash a flurry of corporate activity that will end with Cascabel being either severed and sold or SOLG and CGP being taken out. Could however take 6 months??
"double or triple world class" sounds a litle bullish if you ask me!!!!
I'd say it's all PDAC related. Getting the biggest bang they can by announcing just before March 5. That means some time next week or March 4-5. The morning before NM's presentation could be a great way to get atteintion. JMHO
Obviously Newcrest has a game plan they are executing. CGP seems to be a part of it!!
Cookie... no one is really selling here IMO. This is all smoke and mirrors trying to establish levels for corporate activity and nothing more. Also trying to suck retail into selling. It just smells dirty to me.
These are obviously prearranged trades. I really think all these trades should be documented and made public as to who the counter parties are if there is any type of corporate actions. Maybe a 3 month- 6 month view on who buyers and sellers are. The manipulation and lack of oversight of public markets by insiders and dealers is really a stain on the system and unfair to retail investors.
Interesting volume is so high with CAN/US being closed... I'd say news is due here. I'd love to know who's selling as I find there is some manipulation here that is probably a little suspect.
June is also the month that I believe Newcrest is free of their shackles and can initiate their own attempt at CGP. GLTA
Mattjames. I'm in total agreement but think that CGP will be sorted out by a major after PEA is disclosed. It may take SOLG actually beginning the process by initiating their offer to CGP shareholders to start the whole process. I'd look at June as a date for CGP getting bought out by someone.
Next 2 weeks I woud think PEA and updated drilling results should be released. I really dont think that anything but corporate activity will move us forward at that point. GLTA
Love the music zibi
Stider.... That was me being funny!!!
ssmitrad. There is no way CGP would be lessening their stock holdings in SOLG. If anything they would be buying!! That's what will give CGP a better bid. They own 9% of SOLG and this will go at a premium to an interested major.
My guess is week of Feb 25 to create a buzz at PDAC in Toronto. I don't know if they are obligated to make PEA public as soon as they have it finished or if they can hold onto it for a while. SOLG is apparently presenting March 5. It is quite astonishing that we have 2 majors on our share registry and we are trading this low. I feel that the SP is being completely manipulated. I bought some yesterday on TMX and it's just a market maker on offer and no one else. After trading my size (not large) the MM quickly dropped the price to .60-.62 .. exactly where they are trying to hold it.