Member Info for Qalibashi

The RNS never came up on my feed.
Apologies.

Need the RNS to confirm BHP buying more.

If this is confirmed than 100% sure NCM will want to remain head honcho.

After all they do have a seat on the board.

BHP do not.

Fully expected the price to drop back.

Need confirmation of the proposed deal-not a rumour from “people”

However looking very positive for now in the build up to the PFS.

Solg is so UNDERVALUED it’s just a matter of time before true value is realised.

Nick loses £900k per penny drop on his holding.

Not nice .

We have 2 joint brokers with enough clout to influence the price via DMA.

So for whatever reason Nick Has decided to let the price run down until his end game is completed.

Once his plan has been executed just watch this space.

So much news pre year end due.

23.82p in English money.

Will price follow on Monday?

Guff she always followed the party line so doubt very much she would argue against the blackout.

I for one will not miss her.

The job was too big for her.

I was surprised she was even given a directorship.

The pressure was too much for her in an early stage of her career.

KB don’t forget Twiggys links to the Chinese!!

Rich
We all know why the 50% drop and the fact that the price is being kept at this level for the benefit of certain organisations.

BUT and it’s a big but the main driver for the price drop was the constitutional court issues , the civil unrest , and let’s face it none of us saw these two events coming and perhaps lastly the issue of funding.

However with Solg appointing 2 big hitters in Inger and Twiggy Mather is making a statement to everyone.

Of course we don’t know where we are with finance negotiations but I can see the Chinese who only want to spend $500m buying a chunk of cascabel/Alpala.

This may well result in NCM and BHP reacting to this potential threat of ownership by trying to increase their stake.

By Mather appointing Twiggy he is telling the market he is open to offers despite repeated claims to going to production.

Just my take .

Drills still turning CGP in my opinion a dead duck the offer I mean and PFS around the corner.

What’s not to like??

O trades follow the AT trades so not concerned.

Small volume today and usual pattern indicating price being held.

Any financial institution can control our price for the virrectbremunerstion and doing so with DMA access.

Not worried .

Too many crosses and dots falling in to place. Inger and Twigg.

This will do for me.

I don’t believe for 1 minute NCM will show their hand to BHP
It’s a game of poker

He says NCM are not bound as BHP are to increasing their stake in Solg.

I bet Craig is in discussion with Inger right now.

It’s peanuts for them to add to their stake.

They are happy with their holding he says.

What’s BHP take is what I am more interested in.

There are majors out there who may well be sitting around the table with Nick and Inger.

Whatever happens funding news has to be soon.

My own view is NM will sell .

Very strong morning performance up 1.2p

Then a shed load of continuous selling in the afternoon.
To finish red can only mean one thing.

Genuine buyers test their resolve in the share and buy in droves some very high numbers too.

Someone by that I mean a well muscled institution or company wants the price low for now.

Clear as daylight we can now see this and accept this.

For whatever reason their end game will reach its destiny.

Then and only then will the shackles be off.

Whoever is holding it back with their aim achieved will then also want to see the share make money for themselves.

After all ,selling at a DMA price means you will also get a lower price than an ordinary sell.

In summary solg is a giant in the making .

The price will soar once the shenanigans have ended .

We have 2 house brokers who have the clout to move the share up.

Patience will be rewarded.

Very odd no AT trades ??

Playing a blinder and just come out with an early Xmas present.

Loads to look forward to now in build up to PFS and MRE3

We have had a torrid time of late CC case and civil unrest but we have come through it all.

Let’s see how we open and continue throughout the day.

Honestly believe other majors and Chinese will now show interest

BHP and NCM had better not become too complacent here.

https://www.mining.com/workers-at-chiles-escondida-copper-mine-worlds-largest-to-down-tools/?utm_source=Red+Cloud+KS+Newsletters&utm_campaign=bcb4a0144c-EMAIL_CAMPAIGN_2018_04_10_COPY_01&utm_medium=email&utm_term=0_e31633b621-bcb4a0144c-161472041

Should read

NOW ITS BEGINNING TO MAKE SENSE

That the recent options RNS is still at 60p.

With the constant drip drip drip in stock value one would think that the price of the options in 2020 would have been downgraded.

But no 60p held.

Now we know that NM knew what’s around the corner when these options were granted.

Nice to be in the know isn’t it .

To invest in gold copper production to support the Ecuadorian economy.

Those people need all the economic help we can give to them.

Where it was an attractive punt 3 years ago.

Only change between then and now is 2 majors hold a big chunk and hundreds of thousands of drill meters has taken place with stunning grades.

So my take is simple -sell up now or wait until funding news which will reboot the price and also hopefully the unrest will have subsided as it always does.

Painful yes catastrophe certainly not.

Many of us were in at lower prices so we have been there.

Trust me Solg will pop up with something.

I mean today’s RNS with options exercisable at 60p??

Someone believes.

So do I.

GLA

Unrest is never pleasant .

Hong Kong I think with the unrest now in to 5 months might be a driving force for civil unrest.

Even climate extinction unrest though on a different scale.

Poor people feel austerity more than any other social class

They are prone to acts of civil disobedience.

I feel for them and in this case it was the removal of oil subsidies.

Mining has not been an issue and the people know that a developed mining industry will help the economy of Ecuador and ultimately themselves.

Thus unrest may we’ll go on for awhile longer but nothing is indeterminate.

It will all calm down and Ecuador is a huge country.

Hate the price as it is but it’s not in our control.

Wise heads are at the helm.

Both at govt level and Solg level.

I am still optimistic that in due course these obstacles will be overcome.

Master I would have agreed with you until I saw the rash of AT sells that dropped us enexpectedly this morning.