Member Info for Quady

Montecristo we have had a Corona virus world world epidemic. Ecuador is in lockdown, and will be one of the last countries in the world to come out of lockdown.
Apart from the redesign of Alpala, do you think that might have something to do with missed deadlines.
Guess what, they will miss many more for this reason.

Unfair Jerry, I just understand that when you invest in something that hasn't been built, get ready to tie your money up for at least ten years. If built in 2025, I would have been here 12 years by then.
I just have a portfolio that pays dividends.
To me it sounds like some people on here are depending Solely on Solgold, and that to my mind is no way to invest.
Solgold no matter what anyone says is a speculative share, and should be treated as such.

Good morning ssmith_trader, I am looking to be invested around the 4 year mark. So with Solid deadlines, this could easily become five years.

Just realised I missed the word agreed out at the beginning of my post to hydrogen. It's meant to read agreed hydrogen.

Hydrogen it's not uneconomic, it has a ore body that favours block cave mining, to get to the high grade material. ( mining less rock and more copper and gold), and the rest or the ore body is mined 25 years later.

Good luck Schlemiel.

The grades you quote are high grade, but most of Alpala isn't.
The problem we have is too much around 0.2% and 0.3%.
If you remember the first MRE for Alpala used 0.3% as the cut off point. by MRE2 it was 0.2%, which is low grade, but was used to up the tonnage.
The good side of Alpala is it's size, as a large gold copper porphyry system.

Hence we need someone, either us or another company to build it.

Enjoy your life.

All the best.

Tell you what Zoros, as you can't read.
Where does our NPV come from, which defines the Discount to NPV. and hence the Solgold share price.
When you have answered that. Read my statement again.

That's if you understand how to value Solgold, which I fear maybe your problem, hence you cannot understand my reply.

Zoros you have got better at reading information, now you need to learn how to read.
He asked about the share price.
I have given a brief description on how value is attributed to Solgold.

I don't think you understand this, otherwise why would you write, he's not talking about Alpala, as I was not talking about Alpala either.

You need to read things twice, and if you still don't get it, please refrain from commenting.

Good afternoon Pactrol, the reason this price moves between it's upper and lower range, is the same as it's always been.
We have a PEA on Alpala which is where we derive our NPV.
Sure we get announcements and it moves between it current range.
So more value needs to be attributed.
We do this with MRE's and updated studies, so don't be surprised with the current price, as it is what it is.

We all need to listen to the company as they have been consistent.

If we get drill results, again we might get some froth, but it will go up and down with buyer sentiment.
Patience required, as this is shaping up.

Correct rcgl2. The only people saying they are selling or going to sell, are those that talk about a bid coming. They are the people with the conspiracy theories, that don't understand what's happening. I look forward to the PFS and DFS, but understand that it's the CFP that will give us an idea of Solgolds value. As we can then calculate on an annual basis, knowing costs and revenues once Solgold is at the production stage. Schlemiel sorry, but if you really only have a few years left to live, why not sell and spend the money now, because if you make a lot of money in 4 to 5 years time, you will be too old to spend it. None of my business I know, but either you know nothing about investing or you believe the clowns on here that sound like they know what they are talking about. Even though time after time, they have been wrong. Of course we could get a bid, but look at the register and ask yourself, how it would come about, if the major shareholders refuse to sell for anything except full value, they may even want a premium. No one is entertaining a 2-3 pound offer.

Jezzoo, I don't, read my posts which RK posted , and read the posts around them for context.
He misrepresents.
I have always said production is the most likely outcome.
Don't get taken in by Bobo the clown.
I have filtered RK again.

Good grief DBW, it wasn't an apology, learn to read.
It's you that owes me an apology for misrepresenting my post.
I have no idea wherever you are being sarcastic or you really cannot convey meaning.

You put the argument well rcgl2, as the fortune oil fiasco only happened, because I brought when the market cap was low, and the book was tied up by two families.
If Solgold had a partner with a 40% holding, I would never have invested here.
It's because the book has remained diverse that a bid has little chance, so no bid has been proffered.
You can tell the people on here that don't know what they are talking about, as we get conspiracy theory after conspiracy theory to try and support their ridiculous arguments.

Please keep on posting, as we need some sensible posts on here, to challenge the rubbish that people believe.
Watch the so called experts ( Bobo and Krusty ) slowly change their opinion that Solgold cannot bring Alpala to production without selling PI's down the river, slowly change their arguments and eventually say, "we never said that "

I believe that the PFS will show increased resource with better gold and copper prices, and bringing Alpala to production by 2025 at possibly half the price of the PEA.
Lets remember at the PEA, nobody was talking about a quick recoverable tonnage of copper at over 0.5% copper, that will help build Alpala.

I do hope that we get the DFS and CFP within 6 months of the PFS. ( PROBABLY BE LONGER ).

I have waited this long, will wait as long as it takes,

You said it rcgl2, these are the rumours from the 1980's and it was ****** then and is now. Surely no one believes this stuff, and yet people are ticking it up. Incredible.

Does nobody on this site, understand, that you cannot have firm dates, Ecuador has been ravaged by Covid, and are so far behind coming out of this. Try listening to what Solgold are saying, and don't listen to the clowns on here that say, "ah well they would have to say that, but they mean this'. People on here used to say, we will JV Alpala, and when they said no to JV's
The same people said, " well they wouldn't admit to a joint venture. So please explain to me why Solgold have announced JV's on other sites, but no to JV's on our top 5 sites. You have the same people saying a bid is coming. Let's be accurate, these same experts first said Solgold would get taken out, before the PEA was announced, then it was going to be after the PEA was announced. Then shortly after the BHP standstill ended. The same people said we would be sold by Christmas, and now the same people are saying, we will be sold after the PFS. All these statements have one thing in common. They are all wrong. It beggars belief some people are so easily fooled by our two resident clowns. Try listening to Solgold, who know what they are talking about and pay less attention to Bobo and Krusty.

Morning rcgl2, if you would like my thoughts on MRE1 for Porvenir, then I suspect we will get this Mid August. Along with the next MD&A.

Good morning DBW, your correct I do believe Keith Marshall, when he says we are a takeover target and we are looking over our shoulder.
I have always said that, so not sure why you are misrepresenting what I have said.
You have left the critical part out in previous presentations.
That is we will defend, and we are doing it.
Hence no low bid offers, would be successful.

Some on here said the AGM was a disaster, because the two motions that were stood down, meant the company couldn't raise money for further exploration.
I said they were wrong, as I had seen it happen before.
I was shouted down, as I couldn't remember the term, and then we got the cashbox offer, which some so called experts on here had never heard of. By the way their are other methods as well, when we come to funding the Alpala build.

Good morning Schlemiel, maybe the problem is not the company, but it's you. You choose to disbelieve what the company says, and believe some posters on here, that support your world view of an offer. You seem to suggest, that Solgold's price is responsible for your life. It's not, you are. Maybe a good idea to concentrate on your other shares, and try to leverage them for income, as it sounds like that's what you require, and let the Solgold story play out. Whatever our individual viewpoints, not too many of the people on here see this as a disaster. I wish you all the best.

Hi DBW it's a fools game to predict the share price, however I believe the NPV will be above £2, closer to £3 .
However I do believe that the PFS will only be part of the NPV, as the NPV we have at the moment is only Alpala at PEA.
Once we get MRE's at other sites, we can add that to the PFS. We should have Porvenir MRE1 by then.

Good evening Jerry that's my point, that is why we have not had a bid.
You need to ask yourself why a low bid wouldn't work.
It's because of the diverse book.
It doesn't matter what us PI's would take.
Let's say BHP make a bid, it has to be high enough to get most of the other main shareholders attention.
My point is £2 a share might do that today, but I believe we will have a discounted price to build Alpala. and a decent copper and gold price.

This is the reason we haven't had a bid over the years.

To answer DBW'S question.
I don't know what the cost to build Alpala will be.
It will be greater than a billion, but we get that Answer or close to it in the PFS.