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Not news Fort, everyone has had their hands I the solg coffers.
They cannot be responsible for the general market down turn.
Your trying to stir it up again.
Suggest you head to your covid bunker and put your tin hat on for a couple months.
After you can come out and praise Scott and Co for getting this across the line.
Oh... and lets not forget the biggy
CGP merger terms with SOLG... not pleasing!
Bob's huge commission on fuding deals with Osisko and equity raise.... not pleasing.
But guess what... Bob's quit happy. He made $5m to 10m out of that didn't he??
I was happy to move on (like I said a few weeks ago) but anyone wants to blow smoke up Scott's @rse for this pi55 poor show needs their head checking.
Addicknt...
Cash pile dangerously low... not pleasing.
Scott's PFS released... sp dropped to 5.6p after that. Did you find that pleasing?
Darrels PFS released.. sp jumped to test 41p. That was pleasing.
Porvenir exploration... very pleasing
Scott's moth balled exploration... not pleasing
Scott's strategic review launch 2022... still no outcome released t market... not pleasing
Dropped out of MCII index... not pleasing
Lowest placing in years at 16p done by Scott and co... not pleasing
More expensive royalty done with Osisko when Franco could have done 0.5%... not pleasing
Communications from SOLG over last 18 months... not pleasing
Communications over last 18 days... very pleasing
Do you want me to continue? Anything you want to contest?
It's been awful. And after all the recent pleasing news... we're still sub 10p for xxxcks sake.
So lets not go happy clappy around a board of directors that have underperformed and as yet still haven't closed off our going concern issues.
If there's a cash raise done (and I hope not) then anything less than 16p is a failure. If more director bonus awards are handed out then they have to start with a strike price/base price of 20p minimum.
Be careful of lower bars being delivered and then news delivered. It's not a sign of success. It's a sign of rewarding poor performance.
The sp would have to be 25p+ again for me to be remotely ... 'pleased'. So when it gets there again... I'll happily pat Scott and Bob on the back.
Sound fair?
fort ….. forgive me for thinking you might be able to see the bigger picture and appreciate the ****show he inherited from dc
Fort, I like to think of Scott as sir Alex Ferguson just before he won his first fa cup with Utd.
People were calling for his head and we all know how that turned out.
There's no pleasing some people!
DBW,
Scott has delivered the worst ever share performance on SOLG in years.
If he was a premier league manager, he'd have been sacked long ago and the new guy would be in and I think we'd be all saying right now... wasn't it a good decision to get rid of that woeful CEO. But we'll never know will we?
What we do know is that we have about 3 months cash left... and Scott has delivered a share price that is half the level of what his options were set at last year! So by his standards... he's well off what was expected.
I’ll admit I was and am frustrated with him. His communication skills are poor. If they can realise these details in the Sedar document now why not before?
Details before were very thin yet they can post this now but hiding in a large document. All legal no doubt but a poor show Scott
Add,
Yep, looks like Quady was right, worlds full of surprises lol
Atb
Incidentally, chapeau to Q for calling the availability of funding correctly. Of course, we may not end up going down that route, but his prediction was right.
DBW, indeed. Still, the holders of 2bn shares called it right.
Anyone calling for his head a couple of months ago must surely realise they got it badly wrong?
And where are the likes of Stackhigh on days like this … ?
So we now know we've had numerous offers of finance, but so far have not chosen to take any of them up. Why?
Prefer 88.88
Price 8.88... perfectly lined up for the Chinese
Plenty today.
What does it all mean?
I'd suggest that the most likely outcome is the one that our BoD and advisors are aligned behind.
Correction! 700k at 8.89!!!
Firmly bid for 500k at 8.89...ready to blow...
9p on th'horizon
SharketMare if we start construction then whatever happens we are going to production.
I am not wedded to any outcome.
I just post what is the most likely outcome, following the company announcements.
That's what a half decent investor does.
I see, so when you said 'nothing has changed', you didn't mean it. In any event, your latest comment is still wrong. What do you think happened last week at PDAC? Was it all a dream?
Careful Mog... some of us are still keen to add stock! lol!
There's a few other lines in the doc that are quite revealing... I have no doubts that the 'big boys' and that includes the Blackrocks et al have read between the lines. Blackrock may well be thinking of rebuilding a stake after exiting last year around 18p/22p levels. They did well there (certainly better than Berry Street and their 12p exit) but leave it too long and they might struggle to get back into the stock if the herd arrives... and the herd most certainly hasn't arrived just yet.
Blackrock were active buyers when SOLG was 35p not long ago. So they know the inherent value and the opportunity tyat lies ahead.
Addicknt
You love to twist things.
That isn’t what I said, nothing has changed since the pfs in terms of info in the public domain.
Of course things are happening, I was highlighting the spin the rampers are putting on the rise, in the hope their averaging down trades make a profit.
From what I can see without your rose tinted spectacles is that any option is on the table still, nothing has happened to change that.
The über rampers, BBG, REDRAMPER & DBW desperately need a hostile bidding war. Other holders would just like a monetisation event to see more value and Quady is happy to wait and go to production.
From what I see all 3 options are still out there.
Of course the über rampers will spin the hostile bidding war which imo is the least likely outcome.
"Today that has been proven wrong."
Nothing of the sort has happened today. It's going to be thoroughly amusing when we sell Cascabel to someone else. I'm sure you'll still try and claim we're going to production.