Member Info for Quady

I see Redknight is busy counting the number of posts filtered from the people he has filtered.

Keep up the good work Redknight.

It's a lot more informative than the usual tosh you post.

So Seanhunter nobody believes you have over 600,000 pounds to invest, because if you did. There are so many dividend paying shares out there.

I don't believe you are invested at all, but if you are no more than a few thousand pounds.

Seanhunter you are a complete fantasist and you believe everyone is as gullible as you.

Firstly on ADVFN you believe that slug has three id's pointed out by George 7th.

None of them are Slug.

Also George 7th is a fraud he knows nothing about tracking down vpn's.

You require a court order to get the ISP'S cooperation.

As tool's used require the translation tables.

Next mathematics is not your forte.

To do so many trades since 2016, and invest so much money to make just 11% in 7 years is ridiculous.

You would have made more money in a fixed interest rate account in a bank or building society with no risk to your money.

Take inflation into account and you have lost money.

Good morning addicknt and Copperpot.

Hope you are both well.

The problem we have is that if we don't construct Alpala then why would anyone bid for us.

What's the hurry.

They just sit and wait till they can pick us up on the cheap.

We have a strategic review coming and it's purpose is to find a way to advance Cascabel.

That doesn't mean sell.

It means what it says.

Lastly good morning Copperpot.

Copperpot has called this correctly for all the time I have been here.

He is the most accurate poster here.

He was correct over a decade ago, when he said we were in for the long haul, and he got to the JV position before I did.

Plus many other calls along the way.

As I have always said, we may get a bid, but the facts, evidence and what the company says doesn't point to that.

People on here take one line out of a whole presentation and keep repeating it, and ignore everything else.

That's just mad.

Good morning Mathersfinger, just reread my post.

It makes perfect sense.

You say wait for a RNS.

We have waited over ten years, every week someone on here saying a buy out is imminent.

It's just not true and my position is not the same.

I have continuously been proven to be correct.

We await the strategic review which the so called experts on here say isn't going to happen.

Good morning Mathersfinger.

Your missing my point.

I think Solgold is a great find.

But for one minute pretend I had posted this ten years ago.

You would be saying the same thing.

My point is we should be discussing the way forward for Solgold.

Not trapped like a bunny in the headlights of a car, saying if no one buys us we are doomed.

We are not.

We must take Cascabel forward and build it.

No one is preparing to buy us.

No one is looking at us, with a view to buy.

No rumours exist to that Solgold will be sold.

It is only certain individuals on here that say these things with no evidence.

Their only evidence is well we wouldn't say anything.

Well the reason we don't say anything is because there is nothing to say.

If there was, then even with a rumour the share price wouldn't be what it is now.

Let's discuss the strategic review and the way forward for Cascabel as Solgold.

That's what's happening, not any bid rubbish, which I have heard here since 2012.

It got boring years ago, it's certainly boring now.

Addicknt I accept he had expressions of interest, but that's still one billion.

We don't require all of that as this would be funded in many ways.

But that can be achieved without a JV.

I suspect a JV and keeping control.

So let's see what the strategic review comes up with.

So let me get this right Bozi, you are saying if we can get a start up production for one billion to start generating revenue to complete construction, we cannot do this today, even though Ingo had one billion of funding ready to go years ago.

Ideally we need a guarantor, maybe the Ecuador government to finance this on loans which are staged.

Seanhunter that's what the PFS is about. We await the strategic review.

Seanhunter thats

Seanhunter why not look at the financial information on Cascabel.

We could have this built and paid for on loans alone and the loans all paid off in six years our costs are really low, compared to what we have.

Seanhunter you are not thinking, why would the share price drop if we started construction.

Have you any idea on funding for large scale projects.

Look people fund on 10-25 year payback cycle's.

Ours is 3.3 year's and that's on our current project estimation.

If we can construct an open cut cheaper, the share price will fly on the news.

Seanhunter of course it can't be done in an afternoon. Do you know what a strategic review would encompass.

It looks at many options.

We may be talking about altering mine design that later allows for the full block cave operation later on down the line.

Remember that the build will be completed in about fifty years time.

Because as we extract we continue to develop what is easily accessible and profitable as we go.

Don't get hung up on the cost.

We have an idea on pay back period and IRR.

So these are distractions only.

Seanhunter I am honest so yes their is some vagueness as there should be on all discussed here.

The we will be bought argument has no vagueness but has been repeated for over ten years.

What do you want.

Propaganda or proper discussion.

I favour proper discussion.

Addicknt it's not perverse.

If Cascabel was up for sale.

He would just say so.

It's completely wrong to believe this would all be done behind closed doors.

We would want the maximum amount of interest and that's how you would achieve it.

The problem we now have is we are at last running out of time.

Solgold have promised to start construction next year and the government has stated that construction at Cascabel will start next year.

So something has been agreed.

We just don't have the details.

Will the strategic review give us that level of detail.

Probably not, but I feel it will outline the pathway we will take.

Good morning eish and Seanhunter.

I will start with how long it will take to build a mine and start producing revenue.

This is I feel part of the strategic review.

But an open cut at near surface grade with the surface infrastructure. I would say around 18 months.

It depends what model we adopt. Can we successfully target high grade gold near the surface with good copper content.

Next we are not mine builder's.

Nor is BHP or any other miner.

When mines get built they are done by civil engineering companies with the correct project management in place using the most modern methods which are continuously updated in real time.

Yes technology has moved on.

Lastly I get accused of saying construction is the only way.

I have never said that.

I have always said that looking at the facts, evidence and most likely outcome, it remains consistent that we move into the construction phase of the Solgold story.

I now believe we will JV.

But also believe that our hand is going to be forced with the expiry date of the exploration licence.

I have recently been reading and re watching some of the presentation's.

The strategic review I feel will be completed by the end of October at the latest and in the first half of August at the earliest.

This is reading between the lines and looking at a timeline for the explotation license.

We still have a number of uninformed poster's on here who don't think the strategic review will take place.

However they have been wrong about everything else and will continue to be wrong.

Let's remember that the strategic review is about advancing Cascabel.

Also let's remember we are looking at staging Cascabel, so the huge sums of money to construct a block cave operation are not immediately required and we are looking to bring Cascabel to production for a fraction of cost.

How much?

Well that's the purpose of the strategic review.

I feel we will start construction this year.

So after all the waiting and the uninformed stating that construction won't be started for year's I say.

Listen to what Solgold are saying and listen to what the government of Ecuador are saying.

You must be joking DBW, you are one of the most abusive and snide people on this forum.