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Thank you rcgl2 - ditto.
Best
Z
My prediction, and I hope I’m wrong, but I think there will be a relatively small raise, in the 20-40 mil region, some private, some open, primary bid style offering.
Essentially kicking the genuine, large scale funding can further down the road. I’m fully expecting the board to underwhelm us once again.
As mentioned by someone last night Solgold retweeted this.
https://twitter.com/humenm/status/1521483676374249472?t=5tl8o7c-CuPVrF-N-_NFWg&s=19
Quite an interesting thing to retweet no? Thoughts?
Fair play zoros I really do hope you get the return you are looking for here, as hopefully we all will.
I know you feel like Solg management have been flop ****ing about for ten years but you could say the opposite is true of GGP who seem to have gone balls to the wall with their progress and I'm sure people could equally well have started buying at 1.5p, kept buying up the spike and have an average of 28p there, and would now be sitting over 50% down... All in the space of two years.
Anyway let's not bang on about it, fingers crossed investors in both stocks get rewarded regardless of the timeline.
seanhunter, spot on. I have one or two on my filter list, but never mention who they are or indeed mention the word green when they appear. If folk are going to bang on about green they may as well unfilter and spare us the grief!
addicknt, you raise some very tricky and thorny issues here. Rubicons that need to be crossed quite soon. Cannot be long before we hear from Solgold Management on these decisions? We need funding soon to survive. Where will it come from? After-all, drilling is lifeblood.
Well if you do filter anybody, please ignore their posts entirely after that and stop dribbling like a baby about "green posters" every second post. If you've filtered someone, you really don't have the right to comment on what you no longer know they are saying, and all these knobheads going on about "green posters" these days are just as disruptive.
As we approach our annual funding round (I'm sure the PFS was released 'early' with this in mind), I wonder what BHP's tactics will be.
We know they wish to maintain their position here, but we also know they didn't like the Franco deal and are unlikely to like any such further arrangements or smelter deals. NCM are of the same mind.
So how will they react if the company unilaterally announces a raft of deals which specifically exclude them? What can they do?
We know they weren't happy in the run-up to the last AGM, but it's feasible that DC has managed to repair the damage. Nevertheless, we have a situation whereby a major, but minority, shareholder wishes to exert control without actually being in a technical position to do so.
I think we can assume that if the company merely goes for a normal placing that they will invite BHP/NCM to participate - it would be madness not to do so - unless the intention is to deliberately goad them (Mather's tactic). But this still leaves the thorny issue of the broader finance package.
Does the company seek to involve BHP in a package which would afford them participation but not control? Of what use would that be to BHP? Why would they want it?
I'm guessing these issues are being addressed by the board, but it isn't an easy square to circle.
ONWARDS & UPWARDS!!!
Tick from moi
;)
Filter who bubble ? ONWARDS & UPWARDS!!!
Novice ,filter them they are not worth talking to my friend you just see green posters then and a pleasant board with lths that know all about solgold and where they are going
did it ?
Buddy you are a b-ell- end of the highest order and I really cannot believe you wasted 3 minutes of your life posting that. You have absolutely no idea what you are talking about and only here to cause problems or so you think lolzzxxx night night
Looks like everyone loves each other after all :-)
A new era for the board, hip hip hooray
Zoros,
Well I hope it all ends well for us all too, so we can help our families out and have one hell of a party.
Atb
What! Zzzzzzzz Soppy, Calm and Reflective?! No way unless he’s had a Lobotomy :) :) :)
Life, Monte.......life, gets in the way ;)
Z
Zoros
I like this new calm, reflective person, who is he? What have you done with the old zoros ? :-)
You soppy thing Z !!! I nearly felt sorry for you there for a minute ONWARDS & UPWARDS
Mixed bag of responses, some rather surprising, I feel.
Of course I only have myself to blame for chasing shadows, regarding SP spikes above 30p - expecting more positive news that takes it to the 'next level'.
I'm used to catching shadows too: Dragon Oil, Sirius Minerals, and others, but this time - no such luck I guess.
Why haven't I cut my losses - pride, I guess. I need double my average to show a mediocre gain now...this would compensate partially for wasting the last 9 years of investing in a dud.
I stay entrenched because I know it will come good and as I said before....for me anyway, it's not that I need the green drinking vouchers (for those who remember the £1 note!
The vibes ares better under DC and more and more 'noise' emanates from the market place, so maybe I'm closer than ever before to catching this current shadow.
I'm grateful for the opportunity.
I wish us all a happy ending.
Z
Thank you DBW & Bozi
Zoros - now a clearer picture is emerging.
You bought at 1.5p yet you wound up with a 26p average, indicating that you carried on piling in to the stock well into the 30s at least.
You were picked up on the wave of discovery euphoria.
I'm sure you've seen the Lassonde curve? Well SolGold appears to be tracking it. Is GGP too? Possibly.
Instead of blaming Mather which i know is so easy to do, maybe own your own decisions to buy more stock at inflated prices despite SolGold needing further funds for exploration. Nothing was ever hidden from investors in this regard. Neither was it hidden as to the company strategy of aggressively taking up PLs in the country in the hope of packaging up a sizeable exploration and development company.
Shareholders have had multiple exit points, the most recent being pre PFS. Yet still some complain.
Monte - take Zoros under your wing... You've posted some really good stuff today and he might find peace with his investment on the next run up of the SP.
What relevance to solgold would it be DBW?
@zoros.. Read you 1800 post and made me chuckle. Me and half my family own solg and have done for years now. Family get togethers where we dream of the holiday home paid for by our wise investment in SOLG, year after year :-) let's hope its worth it eventually and the reason SOLG retweeted that post was down to the 'its almost as if the process is about to kick off' part, and them dropping a hit as to what's coming. The goods are in the ground and are going nowhere so this is just a waiting game. Have a nice evening all. C
Monte
https://twitter.com/humenm/status/1521483676374249472?s=21&t=AaO04gKgE1N_Y-TItU4dzQ