Member Info for Swanley

Ok, well that sounds like something that the CDC at least is not aware of... https://www.cdc.gov/pandemic-flu/php/monitoring/current-situation.html

Flu often turns into things like pneumonia, especially in the vulnerable, and especially if they've not had their flu vaccine. That's why it's historically one of the leading causes of death in the world. Flu is nasty. The strains circulating this year are 'normal' flu strains. Just make sure you get your vaccine each year as the strains to protect against, change each year.

I hope you feel better soon.

:) There's no emerging flu pandemic, just flu strains circulating in the Northern Hemisphere as they do every winter.

Some recent Ecuadorian poll info from this week:

https://www.emfi.uk/english/intelligence/details/another-electoral-update-2054?id=2056

https://foreignpolicy.com/2025/01/02/top-world-elections-2025-canada-germany-ecuador-australia-poland-bolivia/

https://www.as-coa.org/articles/2025-elections-latin-america-and-canada-preview

From Hubrishunter on Twitter: https://www.chinadaily.com.cn/a/202501/06/WS677b72c2a310f1265a1d9349.html

Looks like Solg will be off of China's shopping list now..

C. twice as many shares sold as bought, so far today and price is resilient and holding up nicely. Monthly MACD downtrend nearly done, weekly MACD downtrend looks done, daily uptrend gaining strength and 4H MACD not far off crossing zero line. Some news should propel this into a definite uptrend.

I didn't see anyone write "I wouldn't want to be out of this in the New Year"! Possible news incoming? Either way, very nice start here.

The winner still needs to either hit 50% of votes or beat their nearest rival by 10% else there will likely be a 2nd dragging on until April. It would be nice to see the execution of the CIPA get signed by Noboa before the election which I think was the previous plan... Not sure where we are on that currently and would like an update from mgmt on this specific point.

Thanks for sharing Pbow

Recent separate polling on 14th and 15th December showing Noboa at 32% and Gonzalez at 40%. Looking quite close now, so Feb 9th elections might extend into April if no clear winner achieves 50% or 40% and is clear by 10 points. This is good for solg because it gives more time to sign the execution of the cipa. It's also good as both leading candidates are pro mining.

Merry Christmas all solg'ers, this time next year rodders.

My guess: low will be approx 3-4% above low in March, so about 6p before retracing.

Top ten reasons to invest in Solgold:

1. MASSIVE OPPORTUNITY to get financially punched in the face 10 months out of 12"

This is looking more and more likely that my prediction of 6p will come true - forming a massive double-bottom, before a likely reversal back up to high teens in Q1 2025. Batten down the hatches for a few weeks.

Nice to see someone gobbling up (festive) £50k's worth at these bargain basement prices. That's the way to do it.

"He's been charged with the minor role of finding some ground to stick the tea rooms and bogs on" HAHAHAHA

I look forward to the RNS that says that the bogs have disappeared down a mine shaft in the not too distant future.

The comms on geotech work since August contain lots of phrasing like continuing and progressing which were clearly padding until the drilling rigs started turning in November:

14 Aug: "Geo work progressing"

16 Sept: "Prep for geo work progressing"

16 Oct: "Contracted drillers are preparing to mobilise"

28 Oct: "G Mining awarded PM contract"

4 Nov: "Geo tech investigations commenced"

The updates are generally mid month, so I'd like to see one for December and it would be nice to hear more than "progressing". A plan of the proposed drilling vs actual would be nice.

... And from a technical perspective, I think it's more likely (I was expecting it, but price action since end November has shown otherwise) that price would hit 6p and form a massive double-bottom seen on the daily and weekly charts, with the lows of March 2024 and neck from 22nd July 2024 before rebounding up to at least 13p first and then onto c.17-18p.

If you look at the monthly chart, the MACD is just about to turn up (using 21/55/8 settings) and on this timeline is v.reliable. Look back to Jan 2016 on the weekly MACD and see that the MACD is almost the same as it is today.

The weekly MACD is showing that momentum has formed higher highs since Jan 2023, Jan 2024 and now, and on the Daily, MACD and price are both rising. Once it crosses the zero line, we're in a definite up-trend.

Lots to like here technically and fundamentally and the technicals are supporting the anticipated news flow.

3-4p would be quite a surprise I think, given it didn't even hit that when there were rumours of SOLG going bust and considering a sale back in March 2024 at 5.67p lowest.

Since then, a lot has changed for the better and there is an astonishing amount of news expected in 2025 and onwards. I really think now is the time to be buying and I suspect (famous last words!) that we won't see these prices again. Market definitely seems to be perking up here since the AGM.

2025:

Geo engineering completed and documented by Q1 latest

2nd $30m payment awarded by FNV once above completed

ESIA drafted and submitted for draft review

CIPA execution (requirement by FNV for next payment IIRC)

Feasibility Study delivered

Tandyama to be included - adding further value

3rd 30m payment to be awarded in late Q4 2025 (will probably push to 2026 id any delays)

Chance of seeing 950m funding agreement to build rest of mine and satisfy FNV's requirement to release other 650m payment - could be anytime, but I suspect late 2025 or sometime 2026

Porvenir permitted in Q1

Outside chance a major could swoop in and start a bun fight

Only 'risk' I see is the Ecuadorian elections in Feb 2025. Noboa is likely to win, but even his closest rival is pro-reosource exploitation and I don't see any other contenders anywhere near as close. Also a risk that Noboa could be assassinated due to his stance on gangs.

With all the above, and the incoming payments, I can't see price moving much below these levels. Excited for 2025.

Nice end to the day, looks like LSE has borked as I can't see any trades reported since about 15:45. IG showing about 8.46 (6.4%) close. Something's blown her skirt up!

Can't buy on Charles Stanley

Yeah agreed. I don't know why they just don't increase the ask to say 9p to encourage early sellers, so that they don't then have to pay full ask at 9.07. You can see them mopping up big blocks of shares every few days to do just that.

I understood that if approved on the 10th Dec, then cheques will be disbursed on the 26th December - right after Turkey dinner and crackers, obviously...

No, I'm waiting for it to hit 7p, or below, before I buy another 1m shares. Charts look like this will happen by end of this year/within first month of 2025. After that I see a strong news flow for the rest of the year so I see this as the last opportunity to buy at these ridiculously low prices.