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Interesting piece yesterday on mining in Ecuador...

"With just two large-scale mines in production at present, mining is Ecuador's fourth largest export sector, behind oil, bananas and shrimp.

However, several projects should go into production in the next decade, meaning that there is set to be a jump in mining activity in the Andean country.

BNamericas spoke about Ecuador's mining potential with Fredy Enrique Salazar and Freddy David Salazar, CEO and corporate manager of Vancouver-based Salazar Resources, respectively, a company which will begin construction of the El Domo copper, gold and zinc mine at the end of the year as part of its Curipamba project...."

https://www.bnamericas.com/en/interviews/ecuador-is-one-of-the-countries-with-the-most-mining-potential-in-south-america

Clearly, still ticking upwards! Basically, who'd want to be selling now anyway, unless vital for some reason? IMHO, this will continue north +/-, maybe even increasing in pace, as many are expecting a bid. DYOR

It does appear that the slow burn upwards in the sp is continuing, mainly FOMO, awaiting possible bid news, IMHO.

30p hit at open!

Sorry! Please ignore. Wrong forum!

30p hit at open.

Well, we're at 29.85 now, so not far off...

Apologies, post should have read that, "...NO reason to believe that the general move +/- WON'T continue north now..."

Indeed! It's been 'creeping' up all day, and, IMHO, no reason to believe that the general move +/- will continue north now, until we have an offer, maybe not, but, again, IMHO, it's coming! DYOR

Interesting... Numerous 2,603 share buys today? Someone accumulating? Not huge, but interesting..

Looks like a slow burn upwards, as may be expected, based on FOMO.

UK interest rates have risen from 0.5% to 0.75%

https://www.youtube.com/watch?v=WqvRBj9Wwlw

Apologies if posted before, but I haven't seen it (Subscription only)...

The smart money is on a joint bid for London-listed SolGold by BHP and Newcrest Mining, as early as June.

Both miners have acquired minority stakes in SolGold which controls the enormous Cascabel copper-gold concession in mining-friendly Ecuador.

https://www.mining-journal.com/london-to-a-brick/opinion/1428389/joint-bhp-newcrest-bid-for-solgold-%E2%80%98within-months%E2%80%9D

Yup, trading for nickel on the LME resumes today but it appears that it has already triggered the new limits set out by the exchange, that being price moves will be constrained to 5% above or below the last closing price.

The closing price prior i.e. last Monday was $48,078, so the limit down today hit is at $45,674.

Free market? Sure!

Still open at depth! Down, down, deeper and down...

https://www.oilandgasjobsearch.com/job/J3P07868054G45063NY?ipath=CRKR3

I'm going long on wheelbarrows!

100K buy just short of 8p. There's every indication that someone is accumulating.

No, AT LEAST 9p/10p, IMHO.

If it's for a client, then, the big question, as always, is how many? Certainly the sp is still very cheap, IMHO. Even without any assays from Red Setter and/or Cottesloe this should be worth at least 9p/10p. With favourable assay(s) it could sky rocket.