Member Info for Quady

Hi Earthling, the PFS statement is confusing at the least, we are going to use the new data, for the PFS, which is qualified by December this year.
But it doesn't say that we can't use the unqualified data now, and get PFS out this month.
Who Knows ?

Sorry repeated question twice, as my phone shut down.

Good morning all, I have a question. I think that we will have 14 drilling rigs, by end of October, and currently 12. If nothing on the drilling front has changed.
We have one at Porvenir, and I am guessing one each at our other two sites. Where are the rest?
Are we still drilling Alpala, and continuing to increase the resource statement?
Are they being moved about?
Are they doing nothing?

I have a question. Stating the bleeding obvious. At one point we are meant to have 14 drill rigs of different types. I know we have twelve, for sure. We know we have one at Porvenir, and guessing another one at each of the other two sites. Were are the rest. Are we still proving up Alpala?

May I suggest, we all grab a mug of tea, and see what happens.

Porvenir drilling, only started, no news there. Really unsure how market is going to react, when it opens. Part of me says, this improves our drill results, and surely, this cannot be priced in, as nobody had a clue, so share price responds positively. Another part says, credibility has been hit, this causes uncertainty, and price responds in a negative fashion. Not long to wait.

I think it's as Matter said, in order to progress Solgold, we need to get reporting right, but still surprised, by last night's announcement.

Agreed addicknt, I had some thoughts, but even my own thoughts, sound like a conspiracy theory, so will keep quiet on this subject, and await clarification, in the coming days or weeks.

With you addicknt, spent some time reading and rereading. To me it looks like, when Solgold said that their will be no MRE4, that MRE3 was the cut off to get the PEA out. However, we were still drilling or had more data to include, but didn't. I am surprised. Also, guessing that we don't get PFS on time, unsure if this means we get it in December, but looks like new data to be used in PFS, because of correction. Also how does this affect DFS scheduled for end of June next year. Dare say next webinar, people will have some questions.

Miningpig is goldfingerer. Filtered.

I like your analogy DD12, I don't believe they can borrow on ENSA, as they don't own it, until it's built.

Your love the wine Jerry, if you like your claret, you will be stunned for the price.
Your right Jerry, I am listening to NM, I cannot answer your question.
He did mention in one webinar, that it was to do with the setup of ENSA.

Zoros, if you are interested in dividends, look at DLG, do not use tools to look at the dividends, the calculations come out wrong. Go look at the historical dividend data, and do the mathematics yourself.

DBW, please describe how this share is being held down, with the volume traded. We only need volume. I couldn't care if it's sells. but we need volume.

I have more than a sizeable holding in Lloyds Zoros, for the dividends.
They were going to pay 4 dividends a year this year and nothing, I will add to it when I can, but with unemployment, and defaults coming in the Mortgage market ( Lloyds heavily exposed to this ). It's a problem. I have done the opposite Zoros, the shares will come back, and dividends paid, so I haven't sold, I have added at these prices.

That's a fair question Earthling.
It's for different reasons.
I don't buy, because I am an investor, that takes a position, and checks the stats, and will reappraise as the story develops.
Other people want a fast return on this type of investment. They are not going to get a fast return.
We have Covid, and Ecuador hit badly.
We have not had the PFS, and we don't have the full funding for Alpala.
We have the threat of an EGM by CGP. ( ridiculous in my view, but not for others ).

All or some of these conditions, don't make Solgold an attractive position at the moment.
There are more profitable shares to put your money in.

It will improve and get better, as these impediments disappear.

Please everybody, let's pause and think. The evidence that supports the facts, shows that this share price is not being held down or manipulated.
Look at the volumes, they are miserly.
How on earth can the share price rise on these volumes, they can't.
It is just no one is buying at these levels.
No conspiracy theory required.

HaHa addicknt, that's a better joke than mine, all the best.

Hello Zoros, now got 4 recommended for my humour, is one of them you.

I think our share price is what. It is, because we have had takeover rumours since 2013, nearly every week. Nothing has changed. Yes we have FN funding, and now we need to progress. We have Covid, Ecuador hit pretty bad. We are not going to produce revenue for some years. As we prove up other tenements, and as we proceed to production, we will start to incorporate value.