Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
What a great day...
Big resource increases at SOLG and 1SN...
Nick sits on both Boards...
At last....Blanca Nieves...!
80 sq kilometres!,,
6.5m vein thickness...
El Dorado...Klondike...
Onwards and upwards...
A much more orderly Board, focused on SOLG.
BTW I have no problem with alternate views provided they aren't blatant deramping and when they are verifiable from the facts.
Sadly some people post negative opinions that have no substance. Loganair on ADVFN is a very good example.
So again...thank you.
This BB has become a massive waste of time because people haven't filtered and are still engaging the trolls...
When do you become a troll yourself when you keep posting, biting back...
I repeat....this is by far the worst BB in the stockoverse...
SHUT THE F UP......!
Indiscipline again...in the bag until a mindless no hands tackle...
Still quoted at 8.7/9 on TMX...last traded at 9p...
This is profit taking and position closing...can only sell 50k at 8.45...
Sorry 8.76...too excited...
I'm bid for 500k at 8.81 and 700k at 9.76
Has been traded in Canada at 9p yesterday and today...and volumes noticeably higher over the two days...
Don't build your hopes up...
At the high of the day...but...
And I'm bid for 500k at 8.61...ABOVE the Bid of 8.59...
Can we hold this and rise from here...?
8p...did you mean 9p...?
Meanwhile non AT trades accounting for a much higher proprtion of trsdes (36% compared to a typical 15% recently) and volume is well down...only c3 million today...having fallen steadily since 6th March and from almost 10 million yesterday...
That means that from `a volume of shares traded between 8 and 25 million a day AT trades are now down to well under 2 million so far today...
So...are there shenanigans coming to an end, presaging a bid(s) or does the higher proprtional activity by PIs and institutions imply that news is expected soon...?
I think that if we close at or above 9p today (or even well above 8.30), we'll know the answer...
Or will we...
I wouldn't want to be out of this over the weekend, eh Novice...?
Https://www.economies.com/commodities/copper-analysis/copper-price-continues-to-rise-%E2%80%93-forecast-today-%E2%80%93-15-3-2024-107647
https://www.bloomberg.com/news/articles/2024-03-13/copper-hits-7-month-high-chinese-smelters-discuss-capacity-cuts
https://www.bloomberg.com/news/videos/2024-01-23/copper-ready-to-explode-on-fed-cut-ivanhoe-s-friedland-video
https://seekingalpha.com/news/4079939-copper-rallies-to-new-highs-as-supply-tightens-further?mailingid=34695400&messageid=2900&serial=34695400.27343&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=34695400.27343
Despite the dollar being sharply up over the last 24 hours, copper is up over 5% in the last 2 days.
Compared to the PFS the value of the metal in the gound has increased as follows:
Copper (PFS 3.80) $9.2 billion to $115 billion
Gold (PFS 1700) $14.6 billion to $67.8 billion and
Silver (PFS 23.00) $200 million to $2.3 billion
Totalling $185 BILLION, which even at a modest 1% of metal in the ground values Cascabel alone at $1.85 BILLION...
Or 48p/share...
To repeat from p235 of the 101 report (independently certified...)
Solgold has 10 Expressions of Interest for funding offtakes exceeding the total production from Cascabel...
Let that sink in...
Your final conclusion is correct smickster and any of us can sell at any time.
I know Nick said e few years ago "Asset value, not Market value" and indicated SOLG was worth at least £1.
He seems to have lowered his sights and especially in view of DGR's troubles might accept 59p
Indeed it is not unusual for the SP to go above the first or any offer, based on speculation, and Bob Sangha has previous....
In May 2021 Noront shares were 21 cents. Wyloo bid 31.5c (all prices in CDN)
In July BHP bid 55c/share
By October Wyloo had 37% of the shares and made an all c ash bid of 70c
Which the Noront Board accepted.
Not to be outdone, BHP countered immediately at 75c
In December Wyloo made a knockout bid of 110c/share...double what the Noront Board had originally agreed and 250% above Wyloo's first bid.
Sangha was advisor to Wyloo, owned by Andrew Forrest...
Andrew Forrest also owns Fortescue Metals...
Smickster...pleased allay your worst fears...
There is NO WAY the Board, Nick or Bob will agree a deal at 25/30p...
And this will be a takeover battle...trust me...like noront...17c to 105c in 8 months...
And another 1.7 million after hours...
9p onTMX now...
Dislocation or is news leaking...
Remember Big Bad Bob is ib Toronto (161 Bay Street) a 600 metre walk from TMX...