Member Info for Quady

Here is a paste from the link supplied by DBW this morning, the first part is about Cascabel, and the second part is about the regionals.
Some people on here are conflating.

ADVANCING CASCABEL TOWARD DEVELOPMENT
• Additional data collection
• Phased scoping of optimal economics
• PFS publication by end of 2021
• Implementation of independent funding strategy
• Commence and progress DFS

APPLYING THE BLUEPRINT - CREATING VALUE THROUGH REGIONAL EXPLORATION
• Maiden Resource Estimate at Porvenir
• Extensive drilling programmes at priority projects
• Rationalisation of exploration portfolio through partnerships
• Continue social and environmental initiatives across all licenses
• Seeking strategic partners to advance exploration at grassroots projects

Mistermeister reread it, the partners comment applies to the other regionals, if you read the bit above, that applies to Cascabel, and says it will be funded independently, and has no mention of partners.

I suggest you reread it mistermeister.
But maybe better to listen to the presentation, maybe better for all of us.

The comment rationalisation, and about partners, does not seem to apply to Cascabel, the bit on Cascabel is above, and the key phrase for me, is to independently finance Cascabel, which is in line with the RNS this morning, which says targeting the high grade. Should be an interesting presentation.

Zoros now your just being nasty.

Tell you what Redknight, your filtered, as this is not helping the discussion on Solgold, and more people are going to get fed up with our bickering.
You carry on insulting me, you don't fool me.
As soon as I asked you a question you couldn't easily find on google, you replied I don't need to answer that.
That told me everything.
Goodbye.

Redknight the website you posted was incorrect, had you known what you were talking about you would have spotted it.
I corrected you, made a phone call to check my facts, and posted a link to the correct information.

Sorry sipptrader according to Redknight and addicknt, very few on here will ever get a dividend, as most of us will be dead.

All that experience Redknight, and yet you can't read a simple statement that I said at 15.23 and about 100 times, everything on here is opinion.
By the way your facts said 7% on capital tier lending ratio 1, it's not it's 8% and that doesn't include the 2.5% from the capital adequacy ratio.
So while I say everything I post is opinion and should be treated as such.
You say what you post is fact and you are wrong.

Redknight you know nothing about banking, I have just realized.
Of course the amount of money savers have in accounts of one form or other, adds to a banks liquidity, and is used in calculating it's level of lending.

I agree with sipptrader, he doesn't believe banks will hold gold as a tier one asset any more than I do.
It you Redknight that does, and you have still failed to answer why banks will buy gold.
Lastly please stop the lies, I do not tell people how to invest, and nothing I have said will discourage people from owning gold or gold shares.
Your full of it.

Redknight surely you understand why banks would use or not use gold.
I can believe some banks, that have repaid their QE liabilities would want to hold some gold, but that increase the price of gold, so we have a point of equilibrium, where you don't buy gold as it's too expensive, and may even sell back to the market. Banks make this calculation all the time.
That's why I said that gold would struggle to get over 2,000 dollars an ounce last year, and yes people did say 5,000 dollars by now, and 10,000 dollars an ounce by the end of 2021.
Some of this was backed up by articles of experts.
By memory only BNC agreed roughly with me on the gold price.

Sipptrader, I agree with you on gold, however we must remember that the paper stuff, is asset backed by the goods it's loaned against, excepting refinancing of debt, which is then backed by previous spending commitments.

That's my point sipptrader, banks will not buy gold, Redknight has all this experience, but doesn't know this.
It will be the paper money held by savers ETC that will provide the Capital tier 1 resources, but again Redknight doesn't seem to understand how this works.
Yes I realize I have just given him the answer to the question I asked.
But he just googles things and he doesn't understand what he reads.

Well done Redknight, you understand capital one ratio figure, but it's 8% not 7%. You never talked about the capital adequacy ratio, which is 2.5% making The total minimum capital adequacy ratio of both tiers, also including the capital conservation buffer, 10.5%. But you have not answered the question.
What else is considered tier 1 capital.
I asked this question, as although I suspect you could find it on the internet, I tried first and poised you a question that required some knowledge.
So the question stands what else apart from gold is considered tier 1.
Good luck using google.

PS the stuff you googled to get to 7% is wrong, and if you knew what you are talking about you would know that.
I have just talked to someone in banking before typing this reply, and she pointed me to this web page, which I am assured is accurate.
You may fool addicknt and others, but you don't fool me.

https://www.investopedia.com/ask/answers/062515/what-minimum-capital-adequacy-ratio-must-be-attained-under-basel-iii.asp#:~:text=Under%20Basel%20III,%20Common%20Equity%20Tier%201%20must,and%20total%20capital%20must%20be%20at%20least%208.0%.

ohwhatanight may I ask why it would be good for gold.

Redknight you are the one talking rubbish.
OK you have all this experience, publish something informative on this chatroom.
Tell people what else apart from gold can be used as tier one capital, and then say why you think gold or other capital meets Basel 3 requirements.
I for one would like to see your opinion.

You know the answer Zoros.

Hi Novice, I have been saying that for years, we need more volume, this share doesn't even show up on most peoples horizon, so failing that, we need to construct Alpala ASAP.

Colonel this has been around for decades, look at the evidence not what so called commentators say.
To invest and make money, you have to strike out on an independent course.