Member Info for theiceberg

2m in 100k clips wAnted and now a second 500k at 32p

As well as the 1.2m in 100k chunks, We 've just got 500k wanted at 31p, 30p will be blown in the auction.

1.2m put on the bid just now from 28p to 30p...

Unwanted to spend a bit of time doing some comparison with early alpala holes, the stock work is far more impressive in porvenir, with greater quartz veining . Also a high chalco content. From the comments they have skirted the high core, which would indicate the core is bigger than alpala.
That the mineralization will increase as they approach the source intrusion is incredible.
Make no mistake in approx 4-5 weeks the AL S results will prove a second alpaca which will be open pit, not block with a much smaller capex, mineralization pretty much from surface...
They have been coy 're good but the level of quartz and the pictures would indicate gold grades considerably above alpala.

Also this is just a porvenir update not la Huec it bodes very well.

It looks like we might have not just the biggest independent tier 1 in the world but also the second biggest.....

Agree first they mentioned blackrock, newcrest and bhp.
Then it was just newcrest and bhp.
Then it was just bhp, but they admitted they hadn't spoken to BHP yet.
Now it's not mentioned at all by CGP or their proxies or bigdude or willheim.
Wonder why?
What's sad is that they think anybody will take it seriously anyway.

Why on earth would SOLG agree to a JV without themselves? It's like building an expensive new house and then giving it away. The only way this would happen would be with a hostile takeover, if we have that, then I don't give a monkeys how Alpala is developed.

I agree quady, but the evidence is in the history. Of the 30-50 tier 1 mines in operation 95% are JV. No Tier 1 has been developed by a none major, without a JV in the last 20-30 years. I am happy to be proven wrong, but if I am it will only be an isolated 1 or 2, with very specific circumstances.
As i say its just my opinion and is no more or less valid than others, but the evidence stacks up.

Why inform the market now that the PFS will be late?
The market clearly expected it to be late, and its nice for the company to keep everybody informed, but do we really believe that this is just about keeping the market informed?
I agree this is just my musing, but before a company releases really good news, they like to ensure that nothing will drag it down or distract from the good news.
Could SOLG be clearing the bad news desk?
If you got some XRF results that showed some amazing core samples, If it were me, I would put the PFS to bed, then hit them very hard with the news, not in one go, maybe some results now, some next week and some the week after.
Not to brag but given what he said last night, regional results landing thurs/friday/monday would be nearly to the day that I have consistently predicted.
Just my opinion but the they will show a larger, higher quality, more profitable copper/gold deposit than the Alpala, which is itself the worlds number 1, tier 1, none major owned copper/gold desposit.
Also, again i could be wrong but SOLG has run of time to hold the AGM prior BHP's standstill ending. (A minimum amount of days notice is required by TSX and LSE). It would be the height of stupidity to do this without a further agreement with BHP in the works. My guess is that a deal with BHP (Not for the company, but JV will be announced prior the CGP deadline, which will tie in BHP and prevent them from increasing their stake). This would be a death kneel for CGP.
anyway, not long to go for this to be proven right or wrong!

Valuefinder, I am not sure it will drop much, certainly the market makers will try but only a few will sell it they don't want regionals and can't wait a bit. Good luck though :) a quick drop to 23p..

For CGP this is bad news, they have a frothy share price, if they reject solg, and the PFS is delayed then God help their share price, particularly as they don't have a porvenir to help save them.

I like these kinds of rns s it's annoys the short term traders, the investors just shrug.

I am pretty sure the market expected this, whether private investors did who knows. Not many here thought it would be q3 and it's far better for the company to be straight up rather than the drip drip of waiting.

Yep lots of Irish waffle.

I am not sure anybody expected a 600-800m mcap to time critical news to coincide with a small lse presentation. No doubt it coincides roughly with the start of the news window so we worth doing.
Personally I am going for news Thursday possibly Friday. The 31st is snow day for rns’s you have so many results etc.

Perspective , something zzzzzz lacks, since about 1pm we've had 10 sells that were not DMA i.e 10 sells for private investors. For not much money...
For a stock like this thats nothing and it could be for anyone of 1000 reasons inc like zzzzz selling to buy back in a little cheaper or selling to jump to a different share for an hr a day a week etc.

Certainly possible only 5 dma trades on the book up to 28p and all 7 market makers..obviously more dmas will be put on but the ask is as weak as zzzzz arguments.

Sold your 2500 solg shares again to buy back into ggp.....be careful you're got all those staff shares being sold...

Hey Italian fair play to those that use it! I am more of model theorist, which is why I look at long term expectations of copper gold politics et c along with mining and exploration cycles.
I am not looking for an argument on charting, just making my position clear as I would be a hypocrite to use it to predict a higher share price without staying my thoughts!

I actually don't believe in charting, but anyone noticed the triple bounce since the end of July off the 24.5 range. all between 24.65 and 24.9? The last on Thursday? Each time after, a 3 month high is reached, forming the rising channel.

The book is continuing to strengthen considerably, which is unusual for low liquidity, you are like expect it to loosen up as MMs don't want to be exposed.
For reference a few weeks ago we had most MMs on a 5p spread with wins and shore on 2p. Now all MMs are on 3p or less, with shore down to a 1.8p. Spread.
It's looking more and more like an attempt to induce liquidity prior an event.