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BBG please seek help for your own sake ffs imo.
Your posts are getting increasingly desperate & eccentric in my humble opinion. It really smacks of someone massively underwater in their investment. I’m also massively underwater in my own investment - but according to you - I’m not allowed to moan about it without being called a paid deramper.
Lol
Not as much as the rampers are rattled
Qwack qwack, the derampers are rattled
Nm
The latest mutton dressed as lamb is fortissimo and stackhigh. both are plonkers who clearly have no experience investing in the junior mining sector. PATIENCE IS REQUIRED!!!
Very dangerous how redknight is spreading misinformation...
He says cash being burnt at "only $1m a mon th"
That completely contradicts the last MD&A, for 3 months up to end-September:
- The net cash outflow of the Group for the three months ended 30 September 2023 was $9,552,833.
- including c$6m over 3 months on exploration expenditure
So, c$3m a month. Of course the next MD&A will show if they have reduced that further. Unlikely in my view, given some regional exploration underway, progressing Alpala, costs of PFS etc.
Ok red, so it's the market that doesn't get it then. Got it
You're confusing evidence with wishful thinking, bbg, as you have for years here. That's the biggest clue that your ramping is nothing more than brainless fluff. Look at the number of terribly inaccurate predictions you've made, vs my correct predictions. Why would anyone listen to the fool (you) over the one who predicted we still wouldn't have a sale by now?
Something akin to this has been going on for a while now. Right now there are 8x orders for 23,680 shares on both bid and ask at close intervals
All the same size
"We've seen enough evidence here that we are in a very strong position. Scott Caldwell has done a fantastic job over the last 12 months"
id love to know who your internet provider is.. because when I look at the share price graph for the last 12 months through my internet, it doesn't look like he's done a fantastic job.. or is in any position of strength.
Cash is being burnt without apparent reason...only $1m a mon th
company strategy unknown/missing,...crystal clear...the company is up for sale
exploration stopped...to preserve cash
Ecuador in turmoil...not any more just ask Darren
employees stealing from the company...years ago...$4 million
high turnover of CEOs and executives...stabilised by Scott with a 'skeleton staff to conserve cash.
All focus on the PFS3 (pkus of course they have to produce MD&A next week)
Let's clear up a misnomer. Autobots and algorithms are not the same. There are algos working this share.
How about a rinse algo, established between two accounts. One programmed to sell, the other to buy, with a 2 or 5 % spread. There will be no fees as they are DMA. So the trend is down. One offers / can sell to the other, then reversed and trading continues. The overall bias is down, but with relatively little overall loss, as one hedges the other.
Works in this case, as there is relatively little news or change in sentiment over a period of time. Predictable.
Remember, it's only the MARGINAL trade which sets the price, yet it determines the OVERALL valuation of the company.
The trend is maintained by the creation of MOP. ( Management of Perception ) done very well on here by the creation of a ( warranted or unwarranted, sentiment has an important effect on unfolding events ) negative bias. the opposite is also true, hence the Pump or Dump.
NAL almost came clean the other day when he admitted that this was all a windup. However, he has now become emotionally invested in his narrative, so didn't have the integrity to follow through and shut up.
As Shakespeare wrote, in Macbeth :
"It is a tale told by an idiot, full of sound and fury, signifying nothing"
Just about accurately sums up 99% of the time and energy spent on this BB.
It would greatly help if Junior Miners took off...
Does anyone trust or believe Maxit (BS Bob) is doing it's best for us?
@BBB sorry but there is no evidence at all of the company being in a strong position. SP is at the lowest level in years, press interest is zero, cash is being burnt without apparent reason, company strategy unknown/missing, exploration stopped, Ecuador in turmoil, employees stealing from the company, high turnover of CEOs and executives..
I am still invested and I have topped up at 8p but I would feel and idiot if I were to say "we are in a very strong position". Reminds me of that lady who used to repeat "strong and stable", it didn't go that well..
Scott, prove me wrong, please
I think NAL highlighted similar BS you posted 5 years ago.
What’s the definition of insanity, posting the same shi*te and expecting a different outcome…….
What a pathetic tool you are, in Italy , oz or Skegness, no offence to residents of Skegness……
4 years ago, yes 4 WHOLE YEARS AGO, almost to the day, BBG posted these pearls of wisdom ...
“It’s completely obvious they are negotiating in the background. The auction has commenced and the bidding parties would have sought non disclosure by Mather and Solgold. Happy to sit and wait
There would be no other reason for the news blackout. The news blackout has gone on for too long.
Hold those shares all! Many grubs on here want you to sell them!!!!”
How does the saying going Stackhigh ""No amount of evidence will ever convince an idiot"
We've seen enough evidence here that we are in a very strong position. Scott Caldwell has done a fantastic job over the last 12 months, and future news / events relating to Solgold over the next 6 months will be hugely life changing for all shareholders. It will be good riddance to the creeps known as derampers on this site. You will have already moved on to your next victim before the first bid arrives.
For those posters on here who keep banging on inaccurately about “those pesky auto bots” when referring to automated trades, here’s an explanation which hopefully puts it to bed, recently posted by another contributor on the LGEN board.
https://www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html
There is probably so little happening behind the scenes that they have any control over… they can’t force interest, they can’t force a JV, they can’t force a sale, they can’t force the IPA to be signed by date X..
All the things they had any control over they chose to mothball. Hence the silence.
They could announce their intentions to do A, B or C going forward, announce the results of our strategy review… but the fact they haven’t leads me to believe it’s not really made the progress they wanted.
So It’s sh_t or bust now really…
Either they can monetise it somehow.. and soon, or it’s a painful raise and a humiliating reversal back to Cazubbos plan, v2.0… try to progress Cascabel ourselves while doing a little exploration.. what a total waste of 18 months that would be…
Well it's clearly not doing zero Fort, is it?
The fact is we have no idea where the IPA is up to, we have no idea where the PFS is up to and we have no idea where mine design etc is up to.
Get these news items out in the proper domain. They might not have fancy drill results to report at the moment but suggest they can't put out a regular update detailing progress is just rubbish I'm afraid.
If a company is doing 'zero' then it's got zero to update.
That's the reality here. They've burned through $85m and we've got zero to show for it apart from a reduced head count and a bucket load of redunancy deals.
Meanwhile, Bob and co make millions out of funding SOLG.
Just wait for the next royalty deal to come and Bob snaffles another $5m+ fee
695k shares may not be many to your millions, bbg, but I'm invested.
I want you to leave not because you're a 'believer' (though that's pathetic in itself) but because you're thick as two short planks and I don't like reading your vacuous nonsense and pipe dreams. There are other positive posters here who disagree with my view (no sale imminent, plenty further the sp can fall, little point in trading as poor management has made news a non-factor) who are intelligent and interesting to listen to. My only issue with you, novice and slug is that you're thick as treacle and make the whole board less intelligent with your presence.
So how about it. You be said $1.05b in income from royalties and sale of porvenir. When it doesn't happen (because it obviously won't) in, say, six months, will you FO? Pretty please?
Agree DBW and NMM.
A couple of years ago SOLG took the view it wasn't going to announce certain items it considered immaterial. Instead they tuck this stuff away in the MD&A.
It is now time IMO to reverse that thinking. The company has shrunk across many metrics and if something fairly significant happens, we need to be kept informed via the RNS.
Plodding along for weeks and weeks at a time without an update has to stop.
In English I meant all these pieces of news mean so much more if accompanied by other news