RE: SOLG plea4 Dec 2020 22:53
Viable - thanks for that. Phew, I thought for a mo' that Liam Twigger made some of those comments!!
I am with you overall, on your views. I have been here since around 2013 but even that is beginning to fade! It is a fatiguing stock most definitely. Miniscule moments of brilliance followed by months of torpor.
And now, just like you I haven't a fecking clue what he'll get up to now. There are simply too many variables and I do feel this whole fiasco is running away from him and his musical chair boardroom.
It is so simple:
Recognise that you have discovered a "Goliath".
Understand that together with the technical, fiscal, geo-political and administrative enormity of building a $5Billion mine for the first time ever - is nigh on impossible within a reasonable time frame. What is it now? - 12, 13, 15 years from discovery to production?
Once he recognises this, he should prioritise his realistic aims. Prove each target up, JV with one or several partners at each mine and sit back and watch the experts run the show. Feed the royalties to his shareholders and his team. Become the Chairman of the lot and eventually sell everything off and live like a king.
All this bumph about securing the ecuadorian environment, ensuring the livelihood of his 700 workers, doing dozens of interviews and webinars, pandering to his major shareholders, etc .
Stick to his day job - find - prove up - sell on - repeat.
He's had a great innings - fantastic shareholder added value - no regrets. But it's maybe time now Nick, time to move over and watch how it's done by the modern majors.
There again.....maybe, just maybe, the old dog has one more trick up his sleeve????
Z
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