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Great to hear from you Copper old mate.
Excellent advice: love your family, life and friends before loving any investment. I see a lot of unhappy wealthy people in my job. And some very happy ones. But the happy ones seem to see money as a game (a serious one) rather than something that dictates how they feel about life. And I have some very happy friends who are not really wealthy and who get by. I think investment should not just be about money but it should be interesting, fun and engaging also. I got a letter from an ETF I have a small investment in on the ASX called FANG. It tracks the tech giants in the USA (Facebook, Amazon, Netflix and Google). The letter said the 2021 financial year was won by Gold as investors fled risk assets and sought traditional safety. Second in the race were the Tech giants as social distancing fed greater internet use. The third were environmental businesses like battery technologies as investors look at the future of the planet. Makes me think copper is going to become more important
And on a note that would be close to your heart Copperpot, as you know, Queensland lost the State of Origin this year. That can only mean one thing. We will win next year and things will look up. I am expecting the same for Solgold. But we need to be patient. Best wishes Copper
Hi Optimusgold, your 07.06 post nails it 100%. A lot of investor fatigue and rinse and repeat posts have plagued this board for eons now. Too many folk here (and that's not a sly dig) hang on every word that NM uttered in the past. One for example was " there will be many exit points" of course there will be! "When these exits points are triggered is totally up to the investor. It could be 6 days, 6 months or six years. Some people unfortunately hang onto every word that they "like" to hear, for example "many exit points". What a throw away comment that was.
This is investing for you, have your own strategy and stick with it. By all means it's good to drop in here for a catch up, but for goodness sake do not use it as a investment tool/strategy! Everything has been stagnated here for ages and ages, thankfully the rigs are still spinning in the background and hopefully proving up! When will we get any major transformative news? Not one of us here knows when that will be. We are just beginning to see a bit of light at the end of the pandemic tunnel.........get out (safely) and break those shackles of sitting here too much. It could be another 3-4-5-6 months before any significant news lands :-( Love your family, life and friends before loving any investment!
Time for the airport.
See you all in a week or so.
suggest a change of broker. I can get size to buy.
Can't get a quote to buy any at the moment, getting a firm quote to sell plenty though.
For two weeks now there’s been a player at 15,000 shares selling & buying but always keeping the price in a range ( last night after hours being the exception) …. Two many trades at this level to be a coincidence
I like this 0 shares reported as sell.....:-)
Close price yesterday with odd UT and the expected drop this morning as no meaning really, not to me and probably to most long term holders whilst waiting for the next round of news....
Only then we could see some proper actions.
Until then chill and enjoy the summer....:-)
I reckon it’ll bounce later but who knows …. A blip?
“T’is but a flesh wound”
Bounce?? I doubt it very much.
DBW, watch the bounce ,news coming s
Yep, they've tidied up that gap caused by the UT which is healthy. It's back to 'as you were' but if that higher UT trend continues then the smart traders will smell blood and be in SOLG like a flash. 360k is minor but if the next UT is in the millions then you know it's bubbling or simmering ahead of news and lets face it.... we are long ovedue a news update.
Understand Jezzoo, for the record, I get a bit fed up at times as well, especially with the delay of the PFS, but was more fed up, that the real explanation took time to become widely known. But did what I expect most did on here and reassess the situation.
When I looked at it with fresh eyes, I came to the conclusion that the PFS was a miscalculation, possibly with the purpose to obtain CGP's holding on the cheap. But am happy to continue holding Solgold, because I personally believe that the long term future of the company is good, and that Solgold had changed from being an investment vehicle into becoming a successful mining company. Like everyone else, I wish you all the best.
Thanks for putting me in my place people, I do know all that, just venting,
Quady " the exploitation licence" ?
Of who ? LOL !
Yep they are creating all kinds of opportunities for locals
Little gap to fill before we move on ?
Sorry Jezzoo, but you did. ESG is such an important part of Solgold. If we didn't do these things, we would never have the permits we require to go forward and we will never get the exploitation licence we require to build Alpala.
Agree totally Bozi nice post. Sorry Jezzo do not agree with you selfish views. What a better world we would be in if all companies were like this.
That isn't how it works Jezzoo.
The initiatives i mentioned are all part of an investment into the country. You can't turn up and say "we're going to drill holes, dig and construct a mine and we'll chuck you a few quid when we're making a few quid..."
You have to earn the respect of those who are crucial to pushing your operations forward. The local governments, the local workforces etc.
This isn't about Bozi's share purchase or Jezzo's investment gains.
I didn't buy shares here to build houses,schools, chicken farms and plant trees, maybe they could have done that with their profits once they started making some.
If they ever do that is.
all your views are valid and I take them on board
I don't want to go on about Nick but I agree he is now there for the ride like the rest of us unless he does a side deal
OG - thank you for your insight.
The only comment I'd make is that this is no longer about Nick Mather. It hasn't been since December 2020. Purely from a SolGold context investors should realise that.
There's a new CEO in the pipeline and as Liam Twigger made the point at Diggers, SOLG has got with the tune and created a board of directors with a majority of independents and a mixture of skillsets and experience. Whatever part Nick played in that, it looks from where I'm sitting like his ego has been put well and truly to one side.
I'm not going to berate the guy for pivotting from just Alpala to the strategy that became Ecuador and the regionals. The opportunity was staring him and the company in the face, this portion of the andean belt being one of the last major unexplored areas in the world. That was about creating something entirely bigger than Nick Mather. It was about trying to create legacies for families all over by creating a truly major company. Yes, thst meant that SOLG were not stepping into Ecuador to make one discovery, prove it up, flip it to a major and disappear into the sunset... that obviously disappointed a few but look at the social capital and the ESG benefits for the people in the country. 350k trees, school developments, bakeries, chicken and fish farms, etc. It's about enriching the lives of those impacted by the company's efforts to facilitate the next level of world urbanisation.
Are we really saying this is about one man and his ego?
That isn't to say Nick Mather is the most humble, modest, skwn to earth bloke anyone could ever wish to meet. I've heard enough accounts to know that's not the case, and i don't doubt that he has riled your friends or acquaintances. I can't say i know what has gone on, but let's keep some balance about this.
And let's remember, looking forwards, that Nick is in the passenger seat now.
Optimus, a good post and thank you for your comment.
I mean to say good luck to you and GLA
I should have said it before, but I appreciate very much reading what you have to say generally. I feel the same way about numerous contributors on the board such as Copperpot, Addicknt, Zoros, Pinot, DBW, the Colonel and others. I am getting to an age (56) where I feel that sometimes we don't say to people that we appreciate their efforts enough. I know a few things about stocks and commerce and board governance and management, but don't know quite a lot of things that I read about on here from people like you, particularly about the machinations of the stock exchange. I also think that people of my age and older should grow up enough to understand that we can disagree with each other and still respect the debate and enjoy the conversation. One has to be big enough to accept that people disagree with one's own views. I really dislike the personal edge that gets put into disagreements on this board sometimes.
I zoned out a bit from following the chat as I got tired of bickering and felt a bit negative about Solgold myself. Perhaps a bit too negative. Living in Brisbane I perhaps know a bit more about NM than some of our London people. I was disappointed in his ultimate performance although I recognise his brilliance. In my view he has not grown up and continues to let his ego get in the way. Again, others may really strongly disagree with me. But I have friends here who have got sick of trying to accommodate Nick's antics and his ego, and who have been loyal to him for years.
I think the board should be a kind of team effort to assist each other. But it should not be a group think or people reinforcing false confidence or false pessimism. If we keep congratulating each other we will make bad decisions. if people abuse each other it is a waste of life and time. We should assist each other as people who share a common interest: to see a great outcome for the investors in solgold who are not major companies.
I also zoned out because I had become a bit tired of Solgold's track record. Those of us who have been around for a long time have been very patient even though this is a great resource and a great discovery. But the years have slipped by. The missing of deadlines, the stuff up with the PEA, and the weird changing of priorities about different tenements did not help. As we know the stock has failed to a break out of the 40 p barrier. I have read many theories on this board about why this is so. But it started to get to me.
So it is better to shut up than to whinge. I am following again now.
For what it is worth, I think BHP really has to pursue opportunities for copper as (I have said before) they are saturating their image in Australia (which is where they are based and where their public image really counts) as a copper company rather than a coal / petoleum/ iron ore company. A lot of this is smoke and mirrors.
But the main point of my message is to thank you for your assistance. Good
the 30p was an uncrossed trade at end of day auction.
here's some info on uncrossed trades and how it all works.........
Thanks for the responses. Appreciated. Have been keeping away from Solgold recently but checked in and was happy to see a 2 p jump at the end of today
CD the price usually drops when you call it higher , best say nowt.