Member Info for Strider4

Padmaster - you would hope so! There are 80 million of them - can't all be going into NM's pocket...or can they?

To put things in perspective, the article mentioned that there were about 600 people living in the Putamayo block (from memory), so big deal (and it's not even the case here) if a couple of families have to be relocated for the "greater good". It's time to stop acting like the indigenous communities are sacrosanct. Just because they live there doesn't mean they own, or have a say over, huge swathes of land. People get compulsory purchase orders in the UK too - HS2 is an example - that's life. Don't see why they should get special treatment (other than, of course, setting them up in a new location and ensuring that they have the means to survive comfortably as they did prior to relocation).

who stalk other posters onto another board. If you've got problems with a poster, deal with it on the board in question and have some integrity while you're at it.

Bogey, so a punt/"bit of spare cash" for you is £10k?! That's for a million shares at 1p.

But for "well over a million" shares (let's call it 1.3 million) at a slightly more believable 2p average, you're looking at a cool £26k "punt"...now unless you're pretty rich something isn't adding up in the story.

Are you the good cop?

copper is on a tear.

Gawdelpus, so tell me, as you are so informed...

1) When were the two mining operations closed (dates) and for what reason?
2) You raise the concern that SOLG has concessions in protected forest areas. How about doing some research first and telling us specifically which concessions you are concerned about? Cascabel is fine and nil value has currently been attributed to any of the others.
3) Why is a buy-out not going to happen? BHP and Newcrest have thrown £70-80 mil each in the bin have they?
4) And just exactly when might the "danger period" end here? You said youself that the government can step in at any stage...explo, feasibility, construction, working mine. Again, maybe you know more about the jurisdictional risks than the majors? Then again not I think. Ecuador is located in South America. It's location and history is never going to change!!

Another new account opened. There's been one of these paid derampers on the AMER board today too.

It's with this sort of thing that being partnered (not in the block in question but even so the point stands) with the big boys can come in handy. Governments will think twice before they hack off big multi-nationals - a lot more so than a small cap oilie, which they might think they can push around if they needed to.

Well there you go Ophidian. Yes, a strong performance today. Wobbled at resistance, took a trip down to support, found heavy buying there and back up to where it started. Excellent stuff and bodes well for next week.

with 10 or so posts to their name that conscientiously turn up and dish out "concerning" news?!

"Dose" turned up on the SOLG board today (9 posts to his name), concerned about political stability and enviro opposition to mining in Ecuador...

Are you two mates, Idiot441, or do you just have the same paymaster? Or are you the same person?!

Padmaster, finally they have made it user friendly! Got there in the end.

You seem to be good for the share price here. You turned up and it's gone up. Will you be our mascot?

The article even states that there "has been no surface disposal for 5 years". They've had a license to inject the wastewater subsurface since Jan 2014. Unless they've been flouting the enviro permits, which is a HUGE no no and therefore I can't believe that they would, then it cannot be AMER that is responsible for the pollution of the river.

As you say JP2000, they would need to sample along all of the tributaries, and the main river itself, to identify the source or sources.

Do get on the blower to BHP and Newcrest and let them know what they've got themselves into, there's a good chap.

Leas, you couldn't pick two more diverse companies to compare (Large cap banking company vs small cap oilie)! Don't see why it would mirror the Lloyds chat...

Brexit is only important here in two main facets, as has been mentioned: USD/GBP and general sentiment. A weak pound should see AMER on a stronger footing and if general investing sentiment were to sour that would create bargain opportunites in shares that have dropped for no good reason, which the buyers would jump on when people came to their senses. Any drop would be short-lived, if indeed there is a drop at all.

Agree - price action is showing building upwards pressure. Got to pop soon.

That is a really convincing presentation. Steve Garwin talks with great authority - I think SOLG are fortunate to have him directing the exploration.

Quady, MRE2 came out in January did it? What have you been smoking?

JTP, I agree with your viewpoint on the current deal and no deal, and that we were lied to prior to the referendum.

Where I diverge is on the topic of the markets. The market is forward looking (by at least 6 months) and so it has factored in what it considers to be the most likely result, at the moment. That factor will consist of a percentage likelihood of a deal being pulled off and the no deal scenario (and possibly other options like extensions, short or long term, and another referendum), and weightings applied to those percentages to come up with a total risk. It's a moving feast of course, but the recent recovery suggests that the market is positive, and it's still a way off it's high, so there's plenty of room to appreciate further.