Why is every share price increase marked down within a few hours.12 Nov 2019 09:08
Went to 21p yesterday and everyone got a bit giddy and yet increase sold into almost immediately.
You all know any good news would be sold into again here almost immediately again.
All the rubbish about Mather holding back news as a benefit for shareholders is ludicrous. Its your company so he should abide by the rules and release asap all price sensitive data. Yet he is allowed to just ride over this principle of a public listed company and its meant to be for your benefit. Do me a favour....
A bit of advice from a friend. Once the company does release even a snippet of good news , have your finger over the sell button quickly as any early gains will go up in smoke rather quickly by those with quicker fingers than you.
Sadly it does include mining industry - and could affect Solgold11 Nov 2019 18:40
It states "and the movement continues to call for an end to new oil and mining extraction. "
It is also in areas away from Amazon area - slightly worrying..
Ecuador: Andes Petroleum removed from indigenous territories by Ministry of Energy following indigenous resistance Author: Amazon Watch, Published on: 8 November 2019 “Historic Victory in the Fight for Indigenous Rights and to End Amazon Crude”, 7th November 2019
…The indigenous resistance to oil extraction in Ecuador earned another major victory…Success was achieved in the multiyear effort to stop drilling plans by Andes Petroleum in a 158,000-hectare rainforest concession known as Block 79, which overlaps the titled territory of the Sapara and Kichwa indigenous nationalities…
Ecuador's Ministry of Energy and Non-Renewable Natural Resources issued a resolution on October 10th granting a force majeure request by Andes Petroleum – a Chinese joint venture by CNPC (China National Petroleum Company) and SINOPEC (China Petroleum & Chemical Corporation) – due to the "resistance and social and political opposition" of indigenous peoples potentially affected by the project.
The decision from Ecuador's Energy Ministry comes on the heels of new momentum by the indigenous movement against extraction, attacks against indigenous earth defenders, and a global outcry over the destruction of the Amazon. In Ecuador, one of the largest indigenous strikes in modern history derailed an IMF economic austerity package and the movement continues to call for an end to new oil and mining extraction. A recent court decision in the Waorani v Ecuador case determined that Ecuador's consultation process with indigenous peoples on oil blocks slated to be tendered violated the country's own constitution and underscored the absence of a consultation law to regulate such a process…
I know most of Solgolds areas not directly linked to these areas in Ecuador but it must leave potential suitors uneasy that the country is the focus of a campaign to stop investment and protect the environment.