Member Info for theiceberg

I think it's interesting that CGP are taking the full 15 days to respond..wonder whether the independent advice to independent board members is maybe a bit too independent for cgp.

Interesting that benefits say how many rigs were drilling in ecuador atm. So obviously more than 0. Also that if they merit it he will report hole by hole. I
Finally he's obviously going to make the bod bigger and the newcrest bloke looks to be in the running.

nice day, good volume, decent increase in SP.
Any larger sells have stopped. A rise back to 30p before and positive regional results would be welcome.

But it was obvious it was going to be higher than the 3m th avg even then so you were either wrong or trying to play with facts. Just like your claim of 26p just so you can get a bit of profit. You would lie or day long if it made you money. . Fantasy trader.!

Oops see Darren is now nomore...

Darren what is the 3month volume? I know and I know it's less than our current volume....,or did u mean the 3 month volume from 2019?

You do realise that volume is 6m with an hr to go....
6m is higher than 3m.
I think it best if you don't try and count above 10.

Have announced today some poor trench results from bramaderos. Showing again that the only real asset of value they have is cascabel..

Of course you did Darren. You brought 250k at 20p a few days ago, spammed to say they would be 26p then sold at 23.85 when there was only 12 O trades at 23.85 and above and none for anything like 250k.
Can't wait for the kids to go back to school.

I am excited about all of them. But I don’t see Carnegie ridge having Blanca as their number 1 drill if the geos didn’t think highly of it. Solg are not know for wasting money on regionals. Re agui it’s on the ENSA license and nothing on ENSA is being drilled that doesn’t contribute to the dfs rightly so. Anyway each to their own.

It's in his interview s can't remember which one, but ask Eliza. It was a more recent one where he said the drills done so far have only recently been sent off when the ALS lab reopened..
're drilling from June 22nd.
"Using the protocols developed by SolGold, field teams from Carnegie Ridge Resources are preparing to recommence drilling at the Blanca project. Local communities have expressed their desire for the return of exploration activities and appreciate the level of community engagement, education and protective medical equipment provided by the Carnegie Ridge teams over the past two months. All regulatory approvals and logistics are in place for a rapid restart of drilling."

Carnegie ridge are drilling here. Each of the sub companies has been n given a drill target.

Hi 365. We covered this further down ..They stopped due to security reasons and they don't have the assays yet as confirmed recently by the company , but should have soon. Also they have announced they are going back to re start the drilling where it left off literally now.

We don't know what the Blanca drill found as we don't have any results, there was talk of visual but that's it. A visual of a potential 600g\t over 30cm would be the same as 60 over 3m or 6g\t over 30m...we don't know what the supporting stock work was grading or how close to surface this was in the core.if this was was 20m down then that's amazing. Is the vein opening of closing ? What was the dip of the vein and or drill?
Nick would have wanted to be careful with the visuals as to limit expectations if the grading wasn't as hoped..I
But the point is they haven't even come back from the lab yet! And XRF isn't allowed in rns statements.

That was so full of sh itty auto corrects sorry.

Just picking this up
"There always does seem to be a way of getting round releasing poor drill results - it usually goes along the lines of: "we waiting to release them as a batch". The opposite happens when they hit the motherload of course - that gets individually RNS'd and toute de suite!'
I made a mistake with this a few months ago so looked into it thanks to some input on here.
Blanca was split into 2...The drilling q4 last year was in the non ends bit 100% owned by solg. This are drilling blanca, possibly already.
The drill results taken in Q3 2019 where visually impressive but incomplete..for a variety of reasons , partially 're illegal miners 're covid they held off sending the results to the lab..until restricts at the als lab and Ecuador allowed. According to the couple this was 4-6 weeks ago now...whether they wait and release the results with the new drill results or earlier is anyone's guess. But there is none zero evidence thAt the results were bad, visually they were very impressive indeed.

And if we convert tsx Solg to tsx. Cgp. Then our offer has just risen to 4.73 dollars per a cgp share. And there lies the rub for cgp. If Solg goes up to say 55c which is very possible with a bit region news then that makes the bid worth $6 for each cgp. Maybe far more palatable for cgp.
We don’t need to raise our offer for cgp as hopefully our share price will do that.

They downgraded it to neutral from buy, saying it's risen and might have more to go, but the time to buy in has past.

DBW, yep also interesting that they didn't send off the drills already done at blanca until recently(I think about 3-4 weeks ago), so lab results from that wont be too long.
No coincidence that they waited sending the cores off, so the results wouldn't be back whilst a) CGP haven't had their official bid ie disclosure rules and b) newcrest nolonger have a board member.

The SP wont react, is my honest opinion.
Its not really a release for normal PI's, but I could/hope be wrong.
To move a 400-500m mcap company you need solid news that can be quantitative. such as drill or visual length.

A really interesting rns. The geo potential is obviously big, very big etc. But there seems more to it than that imo.
It's rare they go into quite this much geo theory, I can't remember them doing it to this level before. I don't know whether that's for CGPs benefit or maybe a way of giving other majors a glimpse into the solg data room.
Loads of positives. Hopefully we hear drilling and heli news in the next few days.