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Quady you have a natural gift for speaking to everyone as if they are stupid mate. i know what an automated trade is - I was talking about this morning and the unusually high number.
You really are a hard person to like. I try and try to tell myself that you are genuine and harmless enough, but you are like that "special" kid at school with his "special" cup and his "special" glasses and his "special" chair and his "special" diverse book theory - you know the one who is supposed to be good at chess and maths and everything, but every time he moves the other kids can hear his nappy crackle?
Correct Hubrishunter.
Seanhunter let me try and explain why the automatic sales you see are nothing to be concerned about.
An automated trade is just that.
They can be used by large trading houses or we as individuals can get a platform and do this ourselves.
Would it surprise you to know that round about 50% of all trades on the UK stock exchange are automatic.
Some houses use them to buy or sell a position when a client with a large amount of stock wants to sell and not see the stock fall through the floor, or buy and not see it cost them too much. These can go on for months.
If you don't believe me, then go look at your favourite FTSE 100 stock and your see lots of automatic trades.
Thanks RK …. All we have is theories at the moment but this cycle has to be broken pre AGM ….. enjoy your break , news will come soon enough
Good morning LunchMoney.
Yes back to Solgold.
I am looking forward to the PEA on Porvenir more than the updated PFS for Alpala.
I think we all have a ballpark figure for Alpala, and maybe some further cost savings.
But for Porvenir we have had very little.
I know they are reporting 3 monthly, but would have liked the occasional result on a good hole to be given a RNS.
Guess that's not how it's happening nowadays.
Dependant on how far Porvenir has progressed I would be happy with an NPV of between 1 to 2 billion dollars.
An absolute flood of little automated sells today, most about the £1k mark. Funny...
miketrix, whilst share prices are just a point of reference for that day, they are also the markets tool for letting investors know whether they like the business prospects or can't care less. In the pre Lehmans days, you could be drilling for gold or oil based on seismic / surveys etc and be valued at over $500m with ease. Only then to be valued at $5m post duster. Those were the days eh?? Today, markets don't seem that interested in pricing assets on a forward potential basis. Instead the market prices based on failure. Ironic really. It takes a buyer to make an offer before this slap dash pony market reluctantly marks the sp up. So guess in a long winded way... what's the point in SOLG discovering another Alpala if it takes 8 years+, $100's of millions raised and dilution galore?? What's the point?? Here we are based on a world class tier 1 asset at PFS stage and we are valued at 16p lol!
SOLG's main issue (and that's us wee shareholders) is that through the markets ignorance... there are many bargains out there. A year or two back, that was not the case. So you have ii's or fund managers who might be willing to take 50p on SOLG (instead of 100p+) simply because they know they can make that cash work on other stocks that will double in value once the market sorts its sheeeeet out! As Irwin eluded to recently, words to the effect of... lets cash in now and then we can all invest it back into the bargains out there.
The dream scenario would be to get top dollar for SOLG and then reinvest those funds into a beaten up stock (unnecessarily etc) and gain double bubble on the recovery which will kick in once this inflation lark has been put to bed and Putin inevitably strikes some kind of deal. The. latter doesn't want to go into a long Russian cold winter as Ukraine will win that one. Putin has to get through Nov to March period or his troops are toast. So I expect a fabricated peace deal to be brokered over the nasty Siberian winter months and then they can all kick it off again when the daffodils sprout up.
See Sean, whatever you say he won't give an inch.
https://www.youtube.com/watch?v=ETqncRvQHWk
Both diverse book or diverse register should be put to bed now matey. Youve milked it to death now. To the point that youre really peeing people off.
Good luck matey.
Fair point Copperpot, I also respect you and your views.
I guess diverse register is the correct term.
Just in my younger days it was referred to as the book.
Old habits die hard.
All the best.
Quady, I have great respect for you. Could you please try something out of respect for fellow posters?
Could you try and refrain for a whole month mentioning those three words ..................................
"THE DIVERSE BOOK" it really is wearing thin on people, myself included. I cannot stand Slug or anything he stands for, but you're running a close second to him! You know that you're winding up decent posters on a daily basis with your diverse book theory, and yet you persist! It has become a mantra with you, it's almost as though you manoeuvre a thread to tell us once again about "the diverse book"
This bulletin board doesn't belong to any of us, it's simply a conduit for us to communicate with each other. Once you've made your point...leave it at that!
I believe that Solg will be involved in production in some way or another, but I don't bang on about it daily. I have more respect for fellow posters.
You're a good man, but you have to see for yourself how you are upsetting respectable posters with your daily mantra.
Thank you SharketMare.
I know we have had our differences.
Not sure I like the hellfire of dilution and production.
But as you have seen from my latest posts.
If we do acquire CGP's holding then ENSA, Cascabel, Alpala becomes easier to offer up for the right price.
All the best.
Addicknt I have read what you have said.
I will compromise.
I will not respond to him.
But will still report him.
That way he won't know who gets him banned.
As many others also are reporting him.
Sean, come on mate. They are chalk and cheese.
One poster is discussing SOLG, the other is on here posting abuse and threatening to take down the board. By and large, Quady keeps it on topic, unless he starts rambling on about Slug's views or free speech or whatever.
Quady is the bloke in the village preaching about the Good (diverse) Book and claiming hellfire awaits us all (dilution and production). Slug is the bloke who rac*ally abuses the kind woman behind the counter in your local post office when she struggles to understand what he's saying.
Quady: But don’t you see that in goading you and possibly others on this site, he want you to take the bait. I know that you are determined to have your say, and that is part of your personality. But for someone to submit hundreds of identical posts overnight is an extraordinary and disproportionate response.
But, for the sake of the many other posters here, when you see that new name followed by the number 1, just filter it as addicknt has recommended.
If you persist in responding, you effectively make yourself no better than him because, whatever the rights and wrongs of the argument, you are giving him the oxygen he needs.
Seanhunter what utter nonsense, do you say people have been spamming this board with talk of a takeover.
You get more of that than all my posts together.
It seems to be you that wants to curtail free speech and allow hate speech.
You should really take a look at what you post.
Apologies for terrible typing on my phone.
SM we've seen the same pattern for days now. Sp rises grouch the day then a £100k seller after 4pm bangs it back down again. Doesn't look natural to me.
Overall, very low volume atvtge moment, always keeping the sp at 16p level.
Q, I understand all of that, but the fact is you're not achieving anything. We know what this bloke's like and you engaging with him doesn't reinforce our opinion. Every time you reply he simply posts more of his stuff - thus you are giving him the oxygen of publicity.
You won't win an argument with him and as I've already said, most people probably agree with you. Your repetition of the same points doesn't strengthen your argument at all - it just gets lost in the blizzard of nonsense which follows. So please, give it up.
Quady you keep spamming the board with your diverse book nonsense.
Even if you mean it, you've posted it enough times, you've made your point.
But you keep doing it, no better than Slug last night.
Stop spamming the board. Please.
Perhaps a final shake of the tree today Dbw before they release some news on funding. Come on SOLG, you're going to need our votes at the AGM next month!
In the meantime the price stagnates
Last weeks merger announcement laid the foundations ..... what's the next step??
"Transaction a first step towards unlocking value"
And the most relevant bit for me "Potential for Cornerstone to place these shares to strategic investors" ..... all we need is to know who and how much ..... I'm guessing this will be the second big step to "unlocking value"
Addicknt, some of you know my background and family history.
I can tell you with certainty that people like this are not here to discuss Solgold.
They are here to spread hate and isolate people's.
You need to stand up to them wherever they appear in life.
The answer is for LSE to strengthen its site, and I believe they will eventually.
It's a tough lesson in life to stand up to bullies, but one everyone has to learn.
Seanhunter you appease all you want.
To try and justify my posts with Slugs is ridiculous and you show yourself up.
Please think about what you have said.
Because you don't understand how a diverse book plays itself out, suggests you are younger than me.
Thanks LunchMoney for bringing the topic back to Solg, with some objective and quantitative info even if it is an estimate. Starting to lose track of the other assets here due to i)board disruption ii) recent merger focus and Cascabel value centric and probably more importantly iii) lack of any real news/progress around other assets.
Whilst the merger is certainly exciting and a catalyst, my hope is that Solg is a long term investment with opportunities in over 70+ tenements and thinking the next few months / years even will determine if Solg can hang on to everything and spin multiple plates vs letting assets go for more strategic value. For what its worth, I'm convinced that at least one other tenement is going to be similar in size to Cascabel in the future and there is a good chance there could be a significant asset hasn't even been rock sampled yet.
Everyone to filter the poster would be good works a treat for me with another certain troll/bully ;))
Quady what Slug did last night was unforgiveable, basically a DDOS attack on this board, but it wasxallmpar of your comedy double act.
You and slug are two cheeks of the same a r s e.
You spam the board with your diverse book nonsense every single day, and then you fight with him as soon as he appears.
We all know when a brand new poster with 1 post to his name appears its Slug. Filter him.