Member Info for Ortherncopper

this

1. Taunton was referring to a commitment to spend $466m, with the formal contract to be signed 'in the next few days'

I will be voting against. Einstein once said that insanity is doing the same thing over and over and expecting a different result. I can’t continue to vote for the same people and expect or hope for a different result/performance.

Only the delivery of a stunning PFS and news regarding some joint venture progress, will stop me from voting against and wanting some new impetus.

Taking off the rose tinted glasses for a moment, but a commitment of $430 million investment by us across the tenements over the coming years, sounds exactly like one of the issues/concerns CRUX raised in its report, (That our board tried to rubbish) that tanked our share price a while back.

Maybe the relatively small sum raised, would be used as finance for the share buying loan scheme Solg have for staff? that would be sneaky.

https://www.solgold.com.au/wp-content/uploads/2021/11/SolGold-Notice-of-AGM-and-Information-Circular-2021-AGM.pdf

'It is intended that all Directors will be subject to annual re-election as part of the process of moving to compliance with
the UK Corporate Governance Code from 2022.'

https://www.bnamericas.com/en/news/ecuador-enticing-mining-investors

Looks like Ecuador are continuing to push mining as an integral part of its future

"Its time to open up the mining casdastre, the INDUSTRY demands it,investors require it & we are going to take firm steps to have the registry OPEN in Jan 2022’ said Energy Minister Juan Carlos Bermeo

we are all here to sell at a profit Bozi.

just some are happier to exit at a lower price than others, there is nothing wrong with that.

Red.

your sentiment in that post reflect mine, I too will offload probably 80% at the first reasonable exit point, but why do you dread the AGM? I see it as an opportunity to get fresh blood and fresh direction.

Dipped my toes in here last night... one can imagine the frustrations of long term holders, but I expect an easy ride back closer to 20p.

you are absolutely correct ToS. I could go in to full rant about the poor performance of the current board, the companies appalling investor communication and on and on.. but i will try not to.. I am left shaking my head at how thing have turned out over the last 12 months. Quite how we have got in to such stagnation and share price retreat, despite the launch of exploration on a couple more sites is incredibly disappointing... I haven't heard a peep from our CEO for around 4 or 5 months. so disappointing. I just cant vote for the current board this year. give me some fresh blood

Lumina posted some detail in one of their latest RNS that also gives some insight in to license and timeframes in Ecuador

'Another ancillary benefit of the reorganization process is the change of the concession classification to the start of the Advanced Exploration stage under the Industrial Large Scale Mining Regime. This gives Lumina up to four years in the Advanced Exploration stage, then two years in the Economic Evaluation stage, with the option to extend an additional two years. In aggregate, this allows for up to eight years before a Mining Production Title is required to advance to exploitation.'

We’ve all thought that for the last few years…. But here we are at 26p….. about same price as 5 years ago.

I’d be happy with Option 1, the quick end to the pain

And if we don’t get a positive PFS before AGM they are not getting my votes. I’ll have the old guard out and some new blood in

Well the markets response so far has been nothing but a shrug of its shoulders.

One would hope now we have someone steering the ship, we get a strong statement of direction from Darryl, and some more big news released prior to AGM.

DFS to commence in period up to June 22.

It’s all very disappointing to me

Employment expenses tripled ‘Mainly due to bonuses’

NICE in a year of remote working via zoom

Here you go.. he posts under bdminefinder

https://ceo.ca/cgp?8454f337810b

Well Irwin is sounding very confident, relaxed and bullish over on the CEO board overnight

‘You should sell, perhaps even short if you are worried. I am not. Bob Sangha is CGP's largest shareholder and also a large shareholder in SolGold. He is one of the most accomplished mining investment bankers in the world. Do you really think Bob is going to get screwed in the end? By BHP and Newcrest? I know the players here and my money is on Bob. Look into Bob's history of screwing people that have ****ed with him and/or the companies he represents. He has an excellent track record. We just need some patience here. Been too long I know, but it will end well IMHO.‘

Woody I also emailed Solg, Ingo responded telling me he had forwarded it to Twigger, but did say a response would probably be delayed due to the 'fallout from the chairmans letter'...... which is understandable.