By now, we know DGR is unique business model. And if they give the touch of innovation specially to the London listed companies like Solgold, they can have strong foothold in the city. One thing that spooks investors in city is continuos placements,a way of easy money but consequently destroying companies financial health and investors confidence. If Solg can ensure and assure the market that they will not go above 800m issued shares capital until either the Cascabel project sold or taken to production level, that will be a major major differentiating point and Solg will stand out of the crowd in the city. Now how they gonna fund if a strict cap on the further placements? Thats is where the innovation/sacrifice comes in play. All stakeholders/Investors at the end of the day want the huge returns. If the Troika (NM,DGR and Tenstar), manage to sell a small portion their stakes to the market at a significant higher price which is possible, and divert the funds to the project, Capital growth of their rest of the investments can be much quicker and will go much higher. It can be much higher than they are currently anticipating. By this way, Solg will not only maintain 800m shares issued capital but also capital structure will provide very strong base and will remove many uncertainties. Asos (Revenue around £1billion and mcap £3.2billion) but only very small issued share capital but there are other companies which similar revenue but mcap is low. Asos initially how much had strong fundies that is questionable, Solg we know has the strong fundies. Though, comparison is from different sectors but investors how the investors see it that is same.
RE: Cornerstone trading at new low
on volume of 7,000 shares = C$210 / US$168....................
A lot of folk have just been robbed by stop limits being set off
Keep coming until cows return home
Yeah, I remember some posts about that. Bid price won't move at all unless buys are for decent amounts and leave the MMs short on stock.
Bonker was sniffing around a few days ago suggesting there may be a technical recovery
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