RE: Silence is golden.10 Jun 2025 14:44
The main driver from here to get some interest in Solgold is Dans unveiling of his plans for the regional explore co.... Mainly how it would all be funded and how that will restart some exploration and pull Solgold out of the mothballed wreck it is currently in.
Excluding a sale, only the excitement of exploration ventures can generate interest in a supposed exploration company. Solgold have to show they are not a lifestyle company, run for salaries and options of insiders, but a company who can actually do the bread and butter of exploration.
However, given the mining ministers recent attack and his reveal of additional costs on companies, currently sat on tenements for years and doing nothing with them, a large shadow has been cast over everything.... as has been pointed out on Telegram, his public criticism was a perfect fit for Solgold... Ecuador, Noboa and mining ministers are clearly frustrated with the lack of tenement exploration!
So our management need to unveil, detailed, signed, financed, concrete plans for the next 12 months.. not intentions to, not aims to, not we plan to or hope to .... but signed and sealed deals to move everything forward... Or its guaranteed any little spike on the reveal will soon vanish and this share will be back in the 5-7p range in no time.. and probably a less than happy Ecuadorian government.