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Am I the only one here comfortable in his own ignorance about what is going to happen at SOLG?
We keep debating, yet no one thought about the merger after it failed the first time, and then that's exactly what happened, with a couple of interesting twists.
Just chill, we have no way of knowing how this story will pa out exactly, and some of you seem to have too much time to kill ad decided to spend it on this BB.
GLA, peace!
Addicknt that's if he can read them !!,anyway not getting embroiled in any rubbish other than the fundamentals ,progress or takeover of solgold
Anon1977, have you read any of Quady's posts?
Better than talking from the other end all day anon
A 1 trade means the 16.35 price is going to knock the SP back down maybe ??
I don't call.people with a different view idiots but if you believe the world is flat , the moon landings were faked or Solg is going into production, then you are de facto an idiot.
It's bubble making these 1 trades so he can post here and get all excited over nothing :)
A 1 trade definitely makes his day!!!!
Of course they are Jmaria, its an anonymous BB, :))
ONWARDS & UPWARDS, good times are a coming
Argue against YES.... call someone an IDIOT because they have a different view.... BIG NO
People are rewarded or punished to have a view. People will write good things or bad things depending on their views or even agenda - if you want to call it that. At the end of the day people are old enough here to decide and vote with their money. And even if someone wants to trash or push the stock without being involved even that has some value. If you have the opposite view to what someone writes, I think you/ people are free to argue against it. no harm done.
1 trade means sweet F.A - newbies wishful thinking..
"just want to see what you desperately want to happen"
Spot on.
It has struck me for ages that certain people's entrenched position means that anyone debating against is somehow an enemy to be challenged at every chance.
It does the board a massive disservice, imo.
We all know what the company is currently sitting on and we all want the same thing.
What is this 1 share trade background seanhunter?
Strange how there's always a fairly large sell at the end of every day that brings the price back down.
1 share trade.
RNS incoming.
Everyone moans at Quady for being rude but I see him get abused himself so much on here.
Everyone thinks the for-sale sign is up and we will be sold very soon( god I hope you're all right) but where the share price is it looks like no one outside this message board feels the same or at least they're not showing that intention because no one is buying.
I have been a shareholder here for about 2 years now and in that time not one have you has called anything correct but yet you feel it's fine to call Quady an idiot for what he believes will happen. To me it seems like most on here are the idiots and just want to see what you desperately want to happen.
I literally have no idea and want you all to be right and Quady wrong but from past reading I'm not too confident in you lot :)
OC also last comment on this. I believe in inefficient market theory. In my view the share price should be already higher. This price is at an interesting level. Everyone should obviously assess it for themselves.
Orthern, I think despite the chances of SOLG being bought out soon increasingly substantially over the last fortnight, our funding situation remains as it was. I am hoping that CGP are able to place their shares with an investor, or several investors, at a premium to today's price, particularly if they are as confident as they seem to be that they will see a return on their investment sooner rather than later.
With that cash loaned back to SOLG, and with the merger completing later this year, I would hope that the takeover rumours (e.g. Mitui entering the mix) would then start to be factored in to the share price too as FOMO kicks in and investors are reassured that they are punting a company that is fully cashed up.
OC just to clarify I mean the sale of the 157m shares and not a public capital raise. Also, we do not know the nature of the strategic investor. The reason why it is still here is that there are various ways how this is not sold immediately. we can see the metaphorical two birds in the bush but maybe they are not as beautiful as we think.
For the first time I've decided to switch my position to long here and will hold my full position.
OC because there is still capital to be raised short term.
So why are we sat still at 16p?
" I strongly believe they think a full sale or large investors into Cascabel is likely."
EXACTLY. Irwin certainly does, and we know he is representative of CGP in many ways.
Only an idiot at this stage could believe that we are going into production. It's not what we were, and it's not what we are going to be.
Cascabel is up for sale, period.
IMHO there is no way Bob agreed to a deal if he believes a large capital raise is coming or funding will be taken to develop this. Why do I believe this? Because CS will own around 20% of the PF entity. If there is a large dilution coming they will on <20% as they do not have the money to invest. So, they could have just waited for 3-9 months. Get the dilution out of the way for existing SOLG shareholders and then own 20% of the "fully" funded/ capital issues solved SOLG entity. I.e. I strongly believe they think a full sale or large investors into Cascabel is likely. Otherwise you would just wait.
Afternoon rcgl2
I think the problem is the main shareholders would want to develop other tenements. Porvenir comes to mind, and so may not be willing to sell the rest of the properties for the price of Cascabel.
Also the company that could buy Alpala wouldn't want to do exploration.
Why take the risk, just buy the proven up sites and don't bother with the uneconomical to bring to fruition.
Not saying we do sell Alpala, but I can see it as a possibility now.