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And invested and incentivised Eloro. Agreed.
Sincere apologies for the typos...my handwriting is even worse!
Long ago I gave up being interested in what Quady says...and yes he's back on filter...
I can safely predict h'll either say I'm a liar or deluded, despite posting my decisions and holdings from time to time, having been accused of lying in the past...
So WTF...I sleep easy at night and I'm only interested in trying to add value on here. If people understand my reasoning and the position I take, of course it might encourage them to remain patient for what I truly believewill be a life changing payday.
So what Quady says is water off a ducks back for me and therefore why would `i want to read it.
However, I draw the line when he slanders a decent bloke like DBW, who is probably the most constructive poster on here and I happen to know is a genuine bloke and who deserves to make serious money.
That, Quady, is spineless and disgraceful. For somebody who has sought sympathy for your various conditions and disabilities, frankly you don't deserve any.
This is my last post on the subject of someobody who still, many of you are wasting time and emotional energy in indulging.
Its not my place to tell you what to do, and I know there is a dearth of stuff to talk about on here...but do you want your lives to be determined by exchanges with somebody who you would inherently dislkie or even ignore if he was anywhere near your social circle...or your workplace...or the pub...or whatever...
And no this is not a rant. His posts mark him out as a pathetic, desperate human being and thats why he will reamain on fliter.
Best wishes to all
It's Canadian English Add.
It's like saying the I've just had some friends of mine returned from a vacation in Ecuador. It doesn't mean that I sent my friends to vacation in Ecuador.
Warren is pretty bullish. At least his twitter post clarified his position.
Looks like it’s quadswallop Tuesday again.
Our resident snivelling, spineless, woke coward can’t resist taking cheap pot shots at me or even the likes of DBW and redknight who have him filtered.
He’s still the only fool that thinks a JV or production can happen. How stupid can one person be?
Eloro, actually I've just re-read the email and he did say, ' I've just had some very smart mining experts I know visit the site and they come back (sic) extremely excited about Cascabel and what an amazing deposit we have'.
Make of that what you will.
Eish, it's frustrating and I can see you are struggling with the BS that seems to be coming from SOLG and the market is all over it in a disapproving way.
1. We are not a developer
2. We are an explorer... but we are not exploring
3. We are looking at new mine plan (which is something a developer does mmm)
4. We have enough cash till Jun 2024 (erm... does that mean more non exploring and more cash burn on development plans??)
5. We have 20+ interested parties many been in and out of the data room (erm.. has anyone bought any straw made artifacts or coffee bean gifts while in the SOLG tour gift shop... is this the same data room that has a tent up with some long core sample tubes? Haven't they heard of powerpoint of Fedex?
I could go on and take the pi55 further but lets face it, the real reason why we are struggling for logic and why management seem to have been found out is down to the simple fact that the process of sale is taking longer. We all know there is a number of ways the SOLG business could be diced up and sold to realise value. But you have to sound buyers out to get a feel which is best course forwards and get your ducks in order. My prefered strategy would have been to split the business into two. Exploration biz arm and then ENSA. Do some JV's or farm outs and make the exploration self funded or partner funded ... and get on with it while ENSA just ticks along with Chinese tyre kicking etc etc. The explo company could have been spinned out too inviting new investors in that don't want the ENSA element draining cash.
That's my frustration. I wanted to see the management team deliver on the SR... not leave it open ended. I wanted to see exploration underway again but not with dilution or funding, through partner deals.
Instead, hear we are we what seems like a one shot strategy and that's 'sale'. I'm ok with that... but it has to be done swiftly now. This mismanagement by CGP guys is just killing the stock. The idea of voting them in for another 12 months feels like pulling your own teeth out. If they haven't achieved anything in over 12 months, why would another 12 months make a difference?
The reality is... SOLG have spun many yarns over last few years... we can fund it BS... followed by... we can sell it... followed by... erm... we can stretch it out into 2024... it's painful. Embarrassing and someone needs to put it to bed fast.
Eloro, that's interesting. The wording of his email seemed to imply he'd commissioned them. Clearly, he didn't. Anyway, the message is the same.
Eloro. You need help mate, desperately.
Have you no pride?
Oh dear Someone let Redknight out his box.
As usual 100% wrong on everything.
Not only did I post my purchases on here.
I posted them second's before executing the trade.
So those with long memories know exactly how much I hold, when I purchased them and how much I paid.
Unlike Redknight who lives in a fantasy world and pretends he holds loads of shares.
BTW, someone on Twitter asked Warren about Point 6 from Add's email exchange with him, and his reply is:
"They were there for their own reasons. Just could not contain the excitement upon return. Seems to be a reoccurring them from every person I have heard that has visited the site."
Not everyone Sean, just the clowns and fantasists.
You know the ones like you. With your trading and buying stories.
And take some advice mate, your obsession with 1984 is becoming unhealthy.
Much the same as eloro, aquinaga and novices obsession with responding in an angry manner every time I post.
It affects there rationale, and eventually there mental health.
And I'm sure 1984 like myself are not the slightest bit concerned with what's said by 3 or 4 misguided individuals who don't know what the truth means.
Cheers Quady,
I will admit that the recent plunging of the solg SP has caused me some concerns, hence my reaching out to Bob. Like I previously posted, he is highly motivated to getting us a win-win deal. Hence, I am holding on tightly to my solg shares.
Heres the ultimate irony...
Quady keeps insisting that SOLG is going to production, but...
This would requite a huge equity raise and even if they got away with $1 billion...and even if it was at the current SP, that would dilute him to just 1.5% or a real value of 0.13p...
I bet you're looking forward to receiving the dividends on those Quady...
Or your impeccably timed insults killjoy...hoghly suitable moniker BTW...
Do like reading your comments. Find them informative.
Unlike you with your string of impecably times purchases and sells.
You’re correct about filtering him. But I’ve not seen him be malicious towards anyone and sometimes he can shed some light. Be 1 watt bulb light. He’s just the old person at work called “pothole” we all avoid him. Until he turns nasty I won’t filter him.
I've unfiltered Quady briefly to see his history...
He has been a Member here since June 2011, during which time he has posted 8,400 times...the vast majority on here...
He surely would have gone years ago if everybody had filtered him, but some of you guys are still giving him the oxygen to spout his illusory authority and unquestionable rubbish about taking SOLG to production, even despite Scott stating categorically "we are not a mine builder".
So lets assume that Quady invested in SOLG in June 2011. So he missed the rise from 5p to 43p in August 2010 but, having bought at c14p he was just in time for a share issues in July and October 2010 that diluted his holding by 31%...
Smart move Quady...
But compounding his outstanding judgement he then saw the shares fall to 1.59p in 2013 and 1.38 in 2015...
But due to massive further equity issues he had been diluted by 77% by that time...
Which meant the real value of his shares was 0.33p...
Which makes hi statement below somewhat risible:
"Start building a dividend portfolio with companies that have good earnings, and good dividend cover and also look like they are forward looking.
Put these in an ISA or PPP self select and start building wealth slowly."
Hmm...slowly...
Well you have to admire his steadfastness and his humongous patience in posting his parroted rubbish for so long and through thick and thin, but would I take investment or even any advice from him...nah...don't think so...
Oh and to save any of you from working it out, the real value of his shares if he has held onto any of the originals is now...
0.52p...i.e. 94% dilution at 8.67p...
FIFTY PENCE Quady...EPIC!
BTW Don't bother responding because by the time you do you will be back on filter...
And please don't protest too much because nobody will believe you...any shred of credibility shot to pieces...
Sleep well on your sound investments Q!
What eva
Scotkio big difference between advice and method.
What I did was lay out method.
“ I don’t give advice” but then you go on to tell the person best way forward. What you have done and what you think is best is for you alone. “I don’t give advice.” Thst made me chuckle.
Thank you Eloro.
I don't give advice, but use Solgold as a learning curve.
My learning curve was property trust some 46 years ago.
Had a more recent one with Fortune oil.
At least with fortune oil I made money.
Start building a dividend portfolio with companies that have good earnings, and good dividend cover and also look like they are forward looking.
Put these in an ISA or PPP self select and start building wealth slowly.
Trust me you sleep better ar night.
As I said good luck.
I'm not offended Quady.
I am a SID. I only really got into investing in 2013 and each day is a lesson for sure.
I have listened to solg, and so far the impression I got is that they are uncertain regarding the way forward. I like bold and decisive leadership which I am not seeing from Scott. However, I think that Bob is a no nonsense guy, and I am confident, based on my email exchanges with him, that he will get the job of getting a deal for us done. Hence, I continue to hold.
Do not be fooled by the constant derampers... they are here for a reason. They want to spook small retail investors into selling which they are sitting on the bid to acquire your stock.
This should be understood by all.... The Strategic Review process allows the company to softly evaluate interest from all potential parties whilst the company advances its permit approvals. When the company believes its ready to extract an offer, it will notify all parties that any interest to acquire the company will need to be presented to the company on or before a specific date... thats when every one jumps in!
We are on the cusp of receiving all approvals to commence development and therefore concluding the SR is likely to be imminent.