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Was redefining the resource and downgrading it so quickly.
He couldn't wait to stab the company in the back.
If you look at the porvenir hole in Nov 2021 I think. Its a blinder, near surface and rich.
Are the company telegraphing this?
No
Interesting that admin is able to remove things at the weekend now. Maybe that explains something.
More importantly this is the body of the earlier, removed, post.
I'm not in anyway inferring it comes from the company. I received this from a friend
First let me thank you for your email and for your ongoing support as a long-term investor.
With regard to your query on funding, let me first draw your attention to the RNS dated 28 July, and in particular this part: “SolGold is investigating a number of strategic initiatives to provide the Company with funding options for the development of Cascabel and progression of regional projects. SolGold continues to consider, and has had discussions with its major shareholders regarding possible financing structures and options to obtain funding to further progress the Cascabel development, including a potential equity raise.” This RNS was announced at the time to clarify to the market that the Company had engaged with investors about potential funding but did not proceed as we didn’t think it was in the best interests of the company compared to other funding options available. We are progressing different funding alternatives and we are very confident that we will meet our funding needs and deliver on the upcoming catalysts that include the Cascabel PFS Addendum and Porvenir PEA. I hope this clarifies things for you.
I understand the frustration and concern that you and other shareholders have shared with the Company on the subject of funding. While I cannot point to any specifics, I would like to reiterate our confidence that we will meet our funding needs and I hope this provides you with some comfort. As soon as we are in a position to announce anything we of course will without delay.
Thanks for your patience and ongoing support.
https://www.lse.co.uk/rns/SOLG/regional-exploration-update-porvenir-4y2igpm2cqp9qbo.html