Member Info for SharketMare

Colonel, I don't buy in to your speculation that BHP are currently buying up stock one bit - through a trading house or not. I'd be interested to see if you have any evidence for this, or could point to an example where this has happened in the past. Very happy to be proven wrong.

On DGR, I think the point being made is that it's currently trading at a discount to its NAV.

Lunch - your final two sentences hit the nail on the head. If RK is telling the truth (and given dbw's posts I'm more inclined to believe he might be), I think we can assume that his contact at SOLG towers is not particularly well versed in corporate comms and has shown poor judgement.

RK's posts, whilst interesting, often invite more questions than they answer - the debacle last year that we're still discussing today being the most obvious example of this in action. He also repeatedly states that he has sold chunks of his holding - hardly what you want from a 'company spokesperson'.

Rk, come off it mate, what on earth have you done to make an a senior SOLG employee think you're a great spokesperson for the company? What a load of nonsense.

It's always funny to read these two-bob traders claim to have bought at the daily low and sold at the high. Thick as mince.

Highest close since 14th September 2021? Must be all the buying on the going to production rumours.

What do you expect to happen, zoros? Much of what RK has posted - if you choose to believe it, which by and large I do - has been interesting and provoked discussion on here if nothing else. Some of it has also been absolute guff, and whether that's just him embellishing the conversation or being thrown a red herring or two, none of us will ever know.

What I do know is that if the company was making decisions based upon a chat with a private investor I'd be very, very concerned. So I ask again, what do you expect to have happened?

That's not sad.

Now off you pop.

Just for those who might have missed it on this thread, here is the tweet that SOLG retweeted on Pentwater/RIO/TRQ:

https://twitter.com/humenm/status/1504779390697287698

Not sure if that's aimed at me Bubble, but can assure you I'm not talking to myself!

Invfun, some on here certainly do. Personally I'd be more than happy if we saw 70-80p this year, and I don't think that's an unreasonable expectation.

Evening all, for once it feels like the endgame really is just around the corner here. Pondering whether to top up tomorrow morning at 30p or waiting to see if it pulls back over the week, then realising that it matters very little as the final price will be considerably north of where we are now.

Despite the fact that the company has only really committed to 'Q2' for the PFS, given that we are apparently doing very little, I expect to see it delivered by end of May at the latest. I don't think Daryl can justify going a full 6 months focusing solely on the PFS.

This might well mean a sustained rise throughout April in anticipation of the news. It'll be very interesting to see what the SP is at the day before publication.

I'm looking forward to not having to discuss this year's AGM - because there won't be one! Good luck all.

pickedpeck - cost of raw materials/commodities are going up, and there is always the risk that consumers opt for own brands/stop buying premium when prices rise and people start to feel the pinch.

Whilst I don't agree with some of the anti-Green, mildly xenophobic rhetoric of TheSlug's post, he is spot on in highlighting the political risk associated with Ecuador. None of us have any idea who the Ecuadorians will vote in in 2025. Lasso might have a stellar 4 years and reform the country, then again his reforms might fall victim to macroeconomic conditions outside of his control (inflation, a global recession etc), resulting in the country giving another party a go.

This is in part why I'm all for a sale of Alpala/Cascabel sooner rather than later, returning cash to shareholders, or an outright sale of the whole company. It would be great to be in a position where we've all taken healthy profits from the sale of our core asset and can sit back and watch the development of Provenir, and hopefully Rio and one or two others, without being overly concerned by the not insignificant political risk.

addicknt, couldn't agree more, and once more exposes Larry Fink's annual bluster about corporate responsibility to be just that. BR are excellent at dictating to CEOs how they ought to be responsible stewards of the companies they lead, but very rarely do they walk their own talk when there is money to be made. Fink was the architect of 'stakeholder capitalism' over shareholder capitalism, but in reality he doesn't give two sh*ts.

Appreciate you taking the time to explain these things clearly, thanks.

Agree with Bozi - this seems a very strange day to be selling, particularly if you're sitting on a loss. I'm going to bide my time and add to my holding when it seems we've found the bottom.

Those of us who took the time to research Ben Turney were always cautious not to buy too much into his hype. Has he lost any credibility for me? Not really, because I was never really convinced by him from the get-go. He's excellent at generating a buzz around a stock through regular and suggestive tweets, which in some ways is a trader's dream, but I definitely prefer a more measured approach from leaders of a company I'm invested in. Hopefully a lesson or two learned on his part.

Certainly wasn't you Ella, as you're not invested here.

Likely to be traders who bought in between 2-3p and are sitting on healthy profits.

Had planned on holding off buying more stock here until the fundraise but agree with the posters above that this is most likely to happen after the release of the PFS in Q2.

Totally agree with what I think Slug, CD and dbw are implying.. that a deal has been done in principal for Alpala. Would also explain the radio silence from Fawzi.

I will be sticking my bonus in here when it is paid out mid-March! Onwards and upwards solgers...

In saying that Putin would never launch a full scale invasion of Ukraine. This is a horrifying development, and a day to switch off from the inevitable sea of red. Thoughts are with the people of Ukraine and hopes for a swift end to this madness.

SM

Addicknt, apologies that was not aimed at you, it was aimed at Quady who I've had enough of as of this afternoon.