We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
he's been waiting since 13 lol. Regret dripping in every post :)
What is Solgold worth though? In Cascabel you have one of the world's largest undeveloped copper mines, but also probably the biggest land package for exploration with a further pipeline of tier 1 prospects. £1 a share would be nice but is too high a multiplier from 19p. We need a bidding war with the likes of Rio and BHP slugging it out.
Don't get suckered in by the liars, they will be selling out while pumping...
BTW, it'll be interesting to see if Berry make their views public.
You waiting to re enter Ray?
RK, I'd have thought they would have already had the nod from BHP/NCM. Surely the board wouldn't risk taking this to a vote only to lose ? They'd be out on their ears pdq.
This has been done to make a transaction easier and on that basis I can't see why BHP would object.
Just talking to a friend on the phone asking who this Jezzoo person is and what's he on about.
"I can't give my friend an answer, as I have no idea."
Oh Quady ! Now we know you are lying, you couldn't possibly have any friends.
You won't let it go will you ? Obsessed !
I love a successful fishing trip.
Obvs referring to Hello Dolly!! For those that don’t have thread view on (I don’t personally so sometime makes it hard to see who replying to whom)
Take your profits imo
Most recommended post I’ve seen on here in years (been in Solg + traded it for nearly 12 years).
SP slipping back after looking like it my go to 25p, short term profit taking selling I assume from the drop 2 weeks ago?
Looks like Mr Market is unsure about the deal...down to 19.50 after 21.25...
More pathetic behaviour from you and now Sean.
I've explained my position to you. I certainly don't need to buy anything back.
Just accept that we're not all talking one way and trading the other.
I haven't at any stage refuted that merging with Cornerstone doesn't have benefits but there's two lots of dilution coming.
If you can highlight anything I've said that isn't factual I'll concede, but until then...
Softy by both companies not both BODs...that's already in...
Nobody seems to have mentioned that this needs shareholder approval...by both BODs...
So is it designed to flush out a bid from BHP...why would they approve a 20% dilution for assets they're not interested in....or NCM for that matter...?
This thing has legs and the Board needs a result before the AGM...
the mm's are not mugs. They know how to coax out the short term traders who bought at 14p/15p/16p. They'll have (my assumption) much larger buyers orders to fill but for now they will collect as much stock as they can sub 20p. Once that phase is over (could be one day or a week) they'll move it back to mid 20's imho.
At that point, the sp should move into the 30's once the BoD's have confirmed that the strategic review has identified a number of options which are being pursued and may or may not result in a full sale of the business.
The fact Irwin is fully on board with SOLG shares now, tells me he knows it's a full sale.
Exciting times.
Yes ColonelDrake but current CGP holders get just under 20% of the value of the 6.7% returned to them in the Solgold shares they hold.
I am interested in how this affects the Franco Nevada offtake agreement. Surely it must have an effect.
At least we know what was behind the tree shake of the last 2 weeks.
Commiserations to those who were frightened into selling.
Hard cheese to the scum who stood on the sidelines gloating. You could have bought in at 13p - but no, "this has farther to fall".
CGP's 6.7% equity stake in SOLG also comes back into the business and vice versa as SOLG had similar stake in CGP. Tidy's all that up.
The decks are clear. I did think the last set of results looked extremely comprehensive and they had kitchen sinked any of the bad stuff like the $4.5m that went walkies. So in car sale terms, full service and mot done, the final polish has been applied. Now just a question of whether the buyer wants some extra's added in as there's more to SOLG than just ENSA.
That's not the calculation Citywatcher as it's issued shares we are not selling on the open market.
So calculation is
Market capitalisation of CGP divided by the price of one share gives you the number of shares and just multiply it by 15
So the price for Solgold will be adjusted when new issue issued.
I make it roughly 554 million new shares.
Today a Canadian Cornerstone share being $6.9 (Canadian) equates to £4 -50 & divided by 15 = 30p a share in Solgold exchange valuation.
Hellodolly I am not shutting down other views listen to anyone apart from Jezzoo. I posted my take on it as he requested, he now says he will post his.
And explain his comment that BHP will buy it.
So really interested to see what he thinks BHP are going to buy.
I'm pleased you told us it's really funny Quady,otherwise we wouldn't have known.
What happened to listen to the company, we are going to production ?
I predicted several weeks ago you would adjust your view to suit the situation, and you have.
You could have saved face and said something such as you didn't expect that to happen but your ego wouldn't let you even say that.
I'll let you dig yourself a little deeper with your crowing posts.
Can't you see how unintelligent you come across as ?
Good grief !
Cornerstone = Maxit = Sangha = M&A genius
This has just begun
Okay Jezzoo no need to answer what BHP are going to buy.
Everyone on here can see you don't know what you are talking about.
Read the RNS very slowly. Think about what you just said.
I will laughing for some considerable time today.