But I have sold 2 lots 102,707 and 102,350 shares which sadly caused a price drop.
I have put the money in to GGP as short term I cant see any major upward swing in Solg and I am still smarting from the PFS delay which is unforgivable after we were told on a number of occasions there was no great delay.
Once and if I make a few bob on GGP which as we all know has had equally as bad a run as Solg I will reinvest the lot.
Andrés Arauz , a 36-year-old protege of former president Rafael Correa, will advance to the 11 April runoff, but it was still too close to call whether he would face environmental activist Yaku Pérez or conservative banker Guillermo Lasso.
According to a quick count by the National Electoral Council Arauz took 31.5% of the vote, Pérez 20.04% and Lasso 19.97%. The count was based on some 2,400 poll statements from a representative sample of voting centers.
Shortly after the announcement, Pérez told reporters that he had won enough votes to enter the second round, and said he was holding a vigil outside the election council’s headquarters in Quito to prevent vote manipulation.
SP Angel - In our opinion, Solgold is prudent to harness the extensive and detailed technical and operational expertise of its recently strengthened board to examine every aspect of the Alpala development thoroughly before irrevocably committing to a development plan. Block-caving can be a relatively unforgiving mining method and with a potential mine life in excess of 50 years additional assessments to get the right plan at this stage may help avoid long term operational difficulties and help to deliver a technically and financially robust solution for the entire mine life. The May 2019 PEA for Alpala envisaged production rates in the range 40-60mtpa which would make Alpala among the largest, and possibly most complex, block caving operations in the world. For example, Rio Tinto’s Oyu Tolgoi Lift 1 cave at the Hugo North deposit in Mongolia envisages production of only at around 33mtpa served by 5 shafts extending to depths of 1300m. Given the high-grade core to Alpala, it is entirely understandable that the Project Committee is reviewing the optimal scale, required financing profile and ways to extract the higher grade material early in the project life. Conclusion: We endorse Solgold’s decision to extend the timetable to deliver the Alpala PFS and, although some observers will be disappointed at the deferral of the original delivery date, we believe that it provides the company the opportunity to develop a project which can be more robust technically and financially and which avoids continuing long-term operational bottlenecks. We look forward to the PFS later in the year