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*bid
*someone
Apologies, still adjusting to the moronic iPhone auto incorrect algorithms. Only recently switched to posting from a mobile
Stocking fillers going for 8p. Even Santa can’t believe it!
Agree it could just not be reported closed and it’s not big enough to alone cause this drop
Why no bud yet? It’s either the there’s only one suitor and they might as well strangle us, or more likely that whilst the asset is enormous it’s a huge up front cost in a very dangerous jurisdiction.
Maybe the new PFS seeks to mitigate that but so one will surely risk the locals given the metals on offer
I know everyone sees this as a copper play, but I don’t. I’m convinced net zero will be kicked into the long grass because it simply can’t add up. This will be a gold play with copper contributing to the costs
A lot of western fiat is now confetti and calls for a return to gold standard are mounting. Even crypto needs gold backing to be remotely credible
I don't know why I said the shorter. I meant Berry.
But it looks like the last movement of XIB was almost a year ago, when the SP was around 18p.
I'll be amazed if they haven't closed that, but just not reported it. Nobody saw 8p remotely coming, did they?
"Agree regarding lack of news and marketing but it has to be deliberate. What are the chances of getting so many useless incompetent CEOs in a row?"
That's the worrying part for me. My concern is there is quite simply nothing to report, because there is no prospective bidder. You can have all the brilliant CEOs you like, but if you can't convince anyone to bid for what you're selling, when they've had plenty of time to look into the data room.... well.
And as for talk of a PFS3, it's pretty obvious to me that as of now, nobody can make a bid because the numbers don't work.
It's easy for us holders to say this is a bargain, but if it was, at least one bid would have come in.
Yes we can talk about strategy and all that tosh, but if someone wanted it, they would have bid by now, I'm convinced of it.
And it's why I don't see a bid incoming for ages. Not until we see an astronomical Cu price by today's standards.
I honestly hope I'm totally wrong, as I now have a substantive holding here, by my levels anyway.
1984 Investor, I guess you can put nothing past the logical reason for this short on our share! Funny old world this is! maxit might very well be planning to do exceptionally well here! We WILL be sold!
Anon yes I do. I see things on L2 but I also see some hard facts
The short isn’t closed. Had you opened one where they did for that amount, how much exactly would you want before you thought that’s the bottom?
Agree regarding lack of news and marketing but it has to be deliberate. What are the chances of getting so many useless incompetent CEOs in a row?
It suits Maxit to screw those last shares as cheap as possible. A deal has probably been done with the eventual owner to share them out
My only (slight) consolation at this continued diving of the share price, is that I always suspected that such a thing would happen ahead of a bid. These things do happen and then a big rerate takes place upon the initial bid and subsequent bids. Cold comfort though - and that’s even if a bid really is coming??
As has so often been the case, things are as clear as the thickest of mud for SolGold shareholders and uncertainty rules ok. Shouldn’t be like this !
1984, so you think this is being manipulatede too?
I don't believe that for one minute.
A shorter selling a bundle, chronic lack of interest, hence miniscule volume, no news, while the company bleeds cash with an obvious raise coming, plus not the slightest hint of a sale = falling SP.
It's as simple as that for me.
Maybe the current board should have done more to encourage people to buy then?!
If they’re voted out it won’t drop, it’ll rise because the game will be up for Maxit. They won’t be getting the issue at 8p they want
Why's that? Please explain why Solgold is 'in big trouble' if the share price falls below 8p.
Its a very simple equation...
This won't go up until people start buying...and/or the short closes...
But it WILL go down if the Board/CEO are voted out...just watch...
An extract from this article...
https://seekingalpha.com/news/4042935-copper-drops-as-dollar-strengthens-panama-mine-suspended?mailingid=33572568&messageid=2900&serial=33572568.3092&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=33572568.3092
"Research shows that individual investors collectively underperform the market, because their decisions are often driven by emotions."
Do you mean SOLG , or Solgold share price , that's a big difference. Patience required.
Down might be seen as a bit of a negative.
Just my opinion
🗣️💩 again
40% AT today and of that 7.6% was uncrossing trades
Relentless incorrect rubbish from the silly old man
Massive kn*b, starting on me now are you?
My post didn't state much agreed, but it makes more sense than you constantly having your lover's tiff and ruining the board.
Don't worry, you needn't bother trying to hassle me like you do Novice, because I won't be reading your utter tripe.
Filtered, for the obsessed lunatic that you are.
70% Autotrades today...shocking and pointless...
Out of c£250k of trades they account for less than half the value...and less than some people hold on here...
But the simple fact is that even though theres minimal PI/Institutional selling, theres no buying either...
As I said...one trade of 829k shares by a PI a few days ago, triggered a 10% rise in the shares in minutes...
Just think what a determined institution could do...but there no liquidity...
When you have 62 people filtered you have to ask yourself if you are 'reading the room' correctly.
redknight's posts recently have been ridiculous, often factually-incorrect, and bordering on worrying. I hope if this comes good he can get the care and attention he needs.
I'm no longer interested in seeing the self-obsessed garbage he posts. Filtered.
Exactly what it is....orchestrated, RK! Low volume makes it even more plausible - no need to notify as it wouldn't even dent their stake...who is it!
50% AT and 50% not
He’s wrong again. Literally everything he posts is incorrect. Wouldn’t want him on my pub quiz team he’s as much use as a concrete parachute (not to mention just as boring as Quady)
Unfortunately gold (down 6% today)
Copper down 3%
Silver down 6%
Have all been hammered down this afternoon...
Easy picking for Autobots when theres no buying...
Just a reminder for those who may be mindlessly haranguing me...I hve 62 people filtered...
I CAN'T HEAR YOU...
Heartbreaking ARAOK...but look at the p***poor volume...mainly Autotrades...
Would it be the same braggart who used to boast about owning a Mercedes AMG but had to chop it in for some jap c.rap family runabout such are his losses?
Price to the close - is there another polite word for decimated. They can't even issue a speeding ticket....come on (shouting aloud)!