Member Info for schlemiel

that is good news or the market is viewing it as good news..in a market like this any bad news is gonna smash the price down so phew! More drilling and more value

Keep up the good work all SOLG employees

2 v 3 (22k v 21k)

depth

283k v 1.5m (or 250k without the 5 horsemen) -

up 25 points on IG

adding again to his CGP pile

Commenting on today's release, SolGold Technical Services Manager, Benn Whistler, noted: "Typically, geologists associate visible gold with epithermal bonanza deposits or mesothermal and orogenic gold lode deposits. However, in the right geological setting porphyry deposits can hold zones of extraordinarily high grade. The fact that recent infill drilling at Alpala Central and Alpala Northwest has produced a number of very rich intersections of porphyry style 'B-type' quartz veining associated with visible gold, is a testament to the rare quality of the Alpala deposit."

this is looking very exciting..no wonder BHP paid 45p!!

'second system adjacent to Alpala'!!!! go on my son

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SOLG/13864159.html

nm

A reduction in risk attributed to capital investment in Ecuador will positively serve to up the price of natural resource assets..more investment flows into Ecuador the more valuable (bid up) our assets become

with the US and trying to enhance Ecuador's commercial profile as a destination for secure, risk capital investment

https://cuencahighlife.com/ecuador-begins-a-series-of-crucial-trade-and-investment-talks-with-u-s-officials/

excerpt -

'Campana says a focus of the talks is to increase U.S. investment in Ecuador. “Historically, some of our policies have discouraged foreign investment and we want to make changes that create a better investment environment,” he says, adding that in 2017, U.S. interests invested only $35 million in Ecuador compared to $2.1 billion in Colombia. “Obviously, this is an area where we think we can make major progress.”

--

FOG - I think it's around mid dry season in the NT so sometime June onwards though the date needs confirmation...the Aus-govt is saying there could be around 400 years worth of gas with Beetaloo containing a fair whack of that..all needs drilling up though

JOG - I still thinks there's some yardage in the stock...but not yet

'terms of economics, particularly with the expected and capex savings.'..this is the biggie...we want robust economics at Alpala and the wider Cascabel plus lot's of tonnage and decent grade - not much too ask

who's not whose

DBW - L2's not changed mate...the 5 horsemen are still there at 44p-45p...it's all pretty tepid - not much buying or indeed selling....the price is waiting for something to happen

When those 5*250k disappear then you'll see some movement I suspect. I'd love to know whose responsible for these orders..it's obviously the same seller but what is the intention? Are they genuine sell orders or are they simply massaging the price with weight on the sell side and slowly filling some form of iceberg buy order? god knows..i can't see what needs to be seen...too much of a novice

My portfolio holdings are by size

SOLG - 90% - the biggie for me
FOG - when drilling restarts in 2019 this is a multibagger without question. What Origin-FOG's found in the NT(Aus) is of global significance (shale gas) but this requires patience..another SOLG ie embedded value waiting for that all important liquidity event

ECO - drilling starts end-2019 on Guyana - IF they hit pay then another multibagger
JOG - drilling Verbier starts Q1-19..another double-treble if the appraisal confirms commerciality

others on list - PVR, MTFB and around 10 other 'watches'

apologies for o/t and note these are not recommendations to buy but merely the basis of discussion...dyor

is this the calm before the proverbial storm?

'I turn my hearing aid off when I'm making love to 'er indoors. those chattering teeth put mi off mi stroke'

I turn my hearing aid when I'm making love to 'er indoors. those chattering teeth put mi off mi stroke

if we can find a couple more copper-gold stonkers then this'll be 100p by next year and i'll be able to buy the wife a new set of dentures

Q - that's my thinking also. BHP will now have the confidence to enter into such longer term deals knowing they have long term copper assets at Cascabel and Resolution

http://www.businesskorea.co.kr/news/articleView.html?idxno=26480

LS-Nikko Signs Long-term Copper Concentrate Purchase Deal with BHP - November 12, 2018, 15:00

The two companies held a signing ceremony at Lotte Hotel in Ulsan, Korea, on Oct. 12 with the attendance of LS-Nikko CEO Doh Suk-goo and BHP Minerals Americas president Daniel Malchuk.

Malchuk signed off on the Solg deal