Member Info for Ortherncopper

that was me referring to cornerstone

I’m with you there. My feeling/hope is something must be happening behind the scenes.

Irwin has already also expressed he thinks progress is still too slow, but I have to assume is happier in the direction it is moving too slowly in, And we know they want it sold, need it to be sold, so..... we all wait in anticipation.... and wait, and wait, and wait.

My only concern as I’ve mentioned before is solgs track record of going silent when the drilling is poor.

At least 4 tier one assets????? WTF?

They repeat it regularly…. Maybe one day it will happen, even a broken clock is right twice a day

To be fair to Quady, analysts have been saying a bid is around the corner for years… yet the price is still sat in the 20s.

Terrible predictive txt error in there, but you get my point

I’d rather a large miner just bought the lot… I don’t want to be sat being fed more jam tomorrow by our board for another 8 years in the hope we find another tier 1. They are as rare as rocking horse s__t. The odds of us having another are absolutely tiny. Too many on here aren’t I think we probably have several tier ones in the tenement bank just waiting to be drilled. We probably don’t.

Well Irwin certainly feels it’s gonna be bid for.

2 days ago in an online conversation where he was asked his view on sale of assets individually or as a whole he tweeted

‘ I think a large mining company will just buy the companies that own Cascabel.’

He seems to be right more often than he is wrong, and is closer to the table than any of us.

I hope he is right.

I don’t doubt your conversation Red, I just understand from experience over the last few years of the boards hyperbole that is never delivered on. And having this incredible drill result then just sitting on it just doesn’t ring true, Even more so if they consider themselves vulnerable to a take over.

They need to deliver…. Either **** or get off the pot! I say to the board

I’m feeling pretty sure something must be going on at the moment behind the scenes at Solg towers.… given we are overdue the half yearly report, over due news re Mathers replacement, zero news about drilling, zero news about Rio Am… surely… surely … something something must be brewing at boardroom level..

However in the back of my mind, I am also aware of Solgs track record of not releasing drilling news if the results are poor, (inversely, always releasing drilling news if it’s positive, so am discarding the news we have this recent best drilled hole ever from Reds recent conversations) and I am wondering if they are struggling to get any high calibre CEO to commit. Surely any big new appointment would want to have a full review of operations and options, which could see any PFS pushed further in to the distance.

I stay interested in Solg, but seriously disappointed with the performance of the current board.. from a PI perspective it’s seems just woeful

We must have an absolute mountain of drilling results to deliver, Bring on the news we have been hopefully holding back for good reasons, or at least give us the half yearly report stuffed full of updates.

Bhp involvement here means it couldn’t be bought in the cheap.

thanks RK.

i like this Included in Tandayama will be 'one of the best holes ever drilled in South America' and this "some of the highest concentrations ever drilled'.

just hope its not 2km down before you get to this stuff... the Crux report was pretty clear, we need close to surface stuff to make it economically viable

the latest presentation clearly states in the section named 'SOLGOLD STRATEGY AND MILESTONES FOR 2021'

Near-surface drilling
• PFS publication by end of 2021
• Other upside options under investigation
• Implementation of independent funding strategy
• Commence and progress DFS

so end of year

like others, Id also suggest, are they willing to confirm the PFS is still on schedule for this year?

and maybe, are they able to highlight how/in what way are they are working closely with cornerstone these days? has it been fruitfull?

thanks for offering Redknight

At this rate we may need to accept a fast tracked CEO from a graduate scheme, maybe via one of our chicken farms or coffee plantations.

to be fair, I am happy we are now starting some initial drilling at another target, we are best as an explorer. Ill be happy if we get a very similar jump to early 40s off the back of promising early results, like Porvnir. I wont be happy if they then just sit on results if they decide they are not what they hoped for and leave us in the dark regarding this... like they did with La Hueca.

Explore and stop trying to fool people you can build a Giant tier one mine.. the absolutely inevitable cost over runs alone on building Alpala would cripple tiny Solg. Solg can not deliver anything on schedule. Its madness to think we can delver a tier one mine on time and within budget. So lets just explore, prove up, JV, sell etc PAY A DIVIDEND and move on

Keith Chegwin

Appreciate your reply Bozi, but it highlights part of my frustrations. Surely a company with ambitions of becoming the next copper major should have the ability to perform more than one function at once?

no Ceo ofter 8 months...

and after i dont know how long now, very little prospect of much in regard to the joint venturing of regional assetseither. At the diggers and dealers event last week Twigger was practically asking for volunteers to come forward.. his words were

"We've got an extensive portfolio of projects that we'd be happy to look at a joint venture. So if anyone wants to get a toehold in Ecuador, wed be happy to talk. we could sell or joint venture somewhere, some of the other properties"

I was happy to hear him say sell, but I thought we were deep in discussions with all the so called 'interested parties' months ago... and still nothing but fluff and bluster... even asking for anyone interested to step forward.

Any solid news would be good. CEO would be good.

I think we may be due the financial report next week