Mog99. If that was my dog I'd put it down. Holy depressing demeanor
Novicehunt..... I have 2 in same boat. Just imagine having 4 of them???? Insane. All these standstill agreements seem to handcuff some players who may otherwise act. I really don't see the point
I'd bet this RNS will be followed by the Govt' policy release in the next few days. Canadian markets are closed today. I wonder if that was intentional???
I've always said that no RNS other than Corporate action will move SP significantly. This RNS will could begin that process. If we start moving higher it will be based on that alone. CGP is probably the first to go. GLTA
BBgold. I am in total agreement with your remarks. CGP is a partner who should be consulted and included. It's funny how success really shows what a partner is made of.
This story is about Cascabel. All the other tenements are just noise and posturing.
Filthyrich.... This is genius
Drembtwarr. I really don't think the market cares about any other tenements. The stock is priced solely on BHP and Newcrest wanting Cascabel. That's the only reason the stock goes up and down at this point. Unless some type of play on CGP or someone increases there position in SOLG I don't see anything affecting our SP.
GMHO Glta
KB .. you are just reinforcing our point. A takeover of CGP gives SOLG no rights to do anything. The buyer would assume 15% in Ensa an 9% of SOLG.
That's why CGP is such a strategic asset and why SOLG wants it.
KB. Having the first right of refusal means absolutely nothing. If an offer comes for CGP it will most likely come as an offer for the entire company. ENSA will trade as will the 9% SOLG shares and SOLG will have no rights to any refusal.
The only way SOLG would have a right of first refusal is if CGP wanted to sell it's ENSA stake
How broke they are?? They on 9% of SOLG shares???
Zeros, I agree and think #1 is the likely culprit. Govt policy was supposed to be released weeks ago
https://driving.ca/tesla/auto-news/news/over-half-of-norways-car-sales-are-now-electric
https://www.cnbc.com/2019/04/12/china-reports-march-trade-data-on-exports-and-imports.html
Here's my take on all of this and why the PEA won't matter to SP.
PEA only matters for majors or anyone who want to buy out Cascabel. The only way we move upward in going to be on corporate activity. We may get a very small bump up to low 40.'s but nothing near where we will be when the buyout begins. I've been in this game enough to realize that RNS's are mostly useless to SP at this time in an explorers life. Cash flow or corporate activity... nothing else matters.
PEA is slow because NM and cronies know that this is the case so they are making sure the changing resource reflects the PEA's strategy. The PEA is probably already been seen by Newcrest and BHP. Maybe they don't want it released to quickly as others will see.
We are a tier one resource that will get taken out in due course. Worrying about every RNS is truly a waste of time. The timing of everything will just happen as there are many factors in play that we, as shareholders, don't see. Gov't policy is one.
One day soon we will wake up and the SP will be double. All the the TA's will jump in and tell us about candlesticks and support levels.... but the real and only mover is going to come suddenly and unexpectedly.
Watch the Masters, Go on a bike ride, play golf, go to work, have a drink, bang.... live your life and be patient.... it sucks but that's how I see it playing out
All the best lads
I thing the Gov't probably is in negotiations with most of the majors regarding these policy documents. I'm sure there is a lot of back and forth that both sides need to find fair and accepting by the electorate.
I'm convinced that everything is on hold until Gov't mining policy updates. This is an important aspect to Cascabel and not releasing drilling info or PEA is prudent until we know what this policy looks like. Everything seems to take way longer than it should in the mining business. Gov't and Corporations seem to always be in negotiations and Corps are quite savvy at waiting out Govts.
Tick tock tick tock
Everyone is waiting on Ecuador to release their policy on mining. Nothing is happening, RNS wise, until there is further clarity on what Gov't fees and regulations look like. Until Gov't releases (which was due late February or 2 weeks after PDAC = March 21st ish) I don't see any movement from anyone. No PEA or corporate actions until this is released...
I still think we are waiting on Ecuadorian Gov't to release it's newest regulation policy. I don't thing SOLG is waiting on anything other than this. Waiting to see what they dealing with before any PEA or updated resource estimate is probably a shrewd move on NM's part. JMHO