Member Info for zoros

Yawn.
Old news, amigo........back to bed said zebedee.

Anyone?

Looks to me like a web page from sharesmagazine, fruitbat?

Could be mistaken though?

I just popped my head round the door, here.......only to find a string of loonies and nutters extolling their virtues.
Mental cases like applegarth. valleycommando and speedyneedy...WTF?

It's difficult to believe that in the real world (as oppsed to here), these 'people' go about their normal lives, possibly holding down a responsible job...amongst ourselves...and they harbour thoughts and views like these!!!!!

God help us all and keep us safe and isolated from them before they actually cause real harm to society.....You couldn't make it up, could you.

Garlic, herbs, se salt....WTF?

Still some contradictory information on the web site:
Header shows a change to "Explorer" rather than "producer.
Yet some of their managerial statements indicate they still plan to become a major.

Financial package expected end of Q2 2020, yet they later go onto state that their next phase of development is the PFS and DFS (for end of Q2) ....no mention of financial agreement?

My take on this: "provided they get trickle funding from one of the onboard majors, they will limp along until October 2020 when the restraints for a takeover are removed.
Meanwhile they have to find $59 million ASAP for the next 3 months.

http://www.solgold.com.au/wp-content/uploads/2020/02/2019.12.31-MDA-2019-to-2018-comparison-FINAL.pdf
Page 33 onwards....................

The focus of the Company during the financial year ending 30 June 2020 will be to advance the Alpala project in Ecuador through ongoing exploration, resource extension and (as part of the Pre-Feasibility Study) to determine reserves. Key outputs during this period will be an updated Mineral Resource Estimate (MRE#3), and completion of a NI 43-101 technical report for the Pre-feasibility study.

Planned milestones for 2020 include:
?MRE#3.
?Advanced Exploration Phase (for remainder of concession).
?Economic Evaluation Phase (for remainder of concession).
?Pre-Feasibility Study (PFS).
?Definitive Feasibility Study (DFS).
?Investment Agreement.
?Off-take Memorandum of Understanding.

The next phase of development of the Alpala project will continue to focus on Feasibility activities (Pre-Feasibility study, and Definitive Feasibility study) phase requirements.

Planned expenditure to end of June 2020: $59 million (of which $45 million is Cascabel).

To fund ongoing activities, SolGold is in advanced negotiations on a number of traditional and alternative financing options and continues to engage proactively with its investor base. The monthly cash burn has been adjusted in order to complete these discussions in the near term and to enable the Company to continue its ambitious strategy to complete a Definitive Feasibility Study (DFS) on Alpala by end 2020 and to continue its regional exploration campaign.

Padmaster .......reference please?
Where's this been stated?

Colonel Drake.
Bullseye!
The truth often hurts.
So even 50p looks optimistic!

Quali - can you show me where and when (exactly), NM talks about £2Bn financing please?
Thank you in advance.

So the majors will now watch this stock continue to drop as finances dry up and NM is cornered....and then they pounce and get it for a song.
Market value currently £300 million. Another week and it could easily be £200m , then £100 million and bingo, sold to the man with the gold cane!

So it appears in the video presentation in February that NM is advertising solg as an emerging major (his words).
And now (a week or two later) the web sites had this reference removed . Hmm?
This , coupled with drilling stopped in december, no mre, and so on, suggests to me that his endeavours to find serious money to finance his mining exploits...........has come to nothing.
For whatever reason, the prospect of solg becoming a major is not going to happen if the competition have any say in it.
While these negotiations were coming to an end, nm continued to bleed money, hence why there is no drilling. Hence no mre 3.
NM has now come to realise that his aspirations will have to change if solg is to survive/continue......so he has changed direction and opted for Plan B. SELL........and move on.

50p.

General question:

Is there any successful and current gold/copper mining happening in Ecuador?

Mirrador? Lundin? Are they fully operational?

Shiowright....you're one of the very few who has actually made contact with SOLG and it was even with the boss. Everyone on here is baying for blood, they want to know why there is a news blackout and why there is complete inactivity? Why the drilling has stopped? Why no MRE3?

And you ask him about local involbement and sustainability????

FFS - there is a time and place to ask about that of course, but it is not THE question or time NOW! You blew a golden chance to address everyone's concerns. Nice one cyril. You couldn't make it up.

If we're in the orphan period, it only means one thing.....
the stock can only rise...and probably on a weekly if not daily basis.
Can you imagine then, the bull s h it, b o l l ox and drivel that will be spouted on here from the usual ostriches as they wet themselves bragging about how right they were 'holding' or how accurate their candlesticks were!! How their faith supported them and how clever each of them are?
Sometimes I think the SXX effect might be a blessing in disguise, if it were to happen to SOLG......[poor b a s tar ds].
Oh, the thought of all that white noise....................................

So we have the rest of 2020 to run before anyone will take SOLG seriously in Cascabel?

From the deputy minister for mining, Ecuador:
"...We expect to sign the exploitation and investment contract at the end of this year with the La Plata and Cascabel concessions...".

https://ticotimes.net/2020/01/27/ecuador-reports-first-suspected-case-of-coronavirus

Oh. Ecuador is exempt from the CV. Nice one squirrel.

a falling knife and put it in your pocket.....save it for a rainy day.........
come to mama.......

Brilliant post Jamers - says it all mon ami!

Theiceberg (aptly named as you will cease to exist in future at this climatic rate!), I love the list declaring what SOLG is about....but you failed to mention their number one priority in pursuit of their existence: MONEY....and dollops of it. The shiney, emotive bits (your list) come way down the list of numero uno cannot be achieved easily........