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“ 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.
BBG have you not listened to anything the company is saying.
The strategic review is open ended because they are looking at all options.
Including how to fund development that leads to production.
They have even announced a open cut decline and are looking at a lower cost early recovery plan.
All this has been announced by the company, why do you ignore all the evidence and make stuff up to suit your argument.
Eish talking sh it... "Is it fair to say that any company with an "Open Ended Strategic Review" does not know the way forward?"
Answer: No Matey.... its the opposite!!!
the SR 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!
do not be fooled by the continued deramping of this stock. This is one of the greatest opportunities in our lifetime...
so many derampers about...
Eloro no disrespect to you, but I don't think you have been investing for long
Never listen to people on these forums that quote someone to support their world view.
You can always find someone to support what you want as an outcome.
Some people on here probably believe that by listening to these people makes them seem that they know what they are talking about, they don't.
Redknight and DBW are firmly in that camp
Just look at their posting history over the years.
They have made ridiculous claims.
If they were even ten percent right, we would have been sold year's ago.
Now for the good news.
Solgold is providing you with a valuable lesson in investment.
First these things take time, things happen in stages, and more likely people take positions or part finance the stages of asset's they think are going to run the course.
This is what's happening here
That's why we were told years ago, their will be various exit points.
However on the whole main producers buy a project like ours when it's no longer a project.
Now I am sure people will jump on here and give exceptions to the rule, but they are just that. Exceptions.
I am invested here for the long haul, it takes patience.
Sure I receive abuse by people who have no idea what they are talking about, but I have learnt that some people on here cannot admit they have no idea what they have invested in and don't like to look silly.
That's their problem not mine.
All you have to do is work out why you are personally invested and don't listen to anyone on here.
Look at the company fundimentals and take time to listen to what the company is saying and ask yourself does it all match up or do I have concerns and do I need to question some things.
Good luck.
SharketMare, I re-watched this interview. Somehow, all does not make sense.
We, an exploration company, is not (and he repeatedly said it!), we are NOT drilling = mothballed is the conclusion! Heck!
Yet the very downsized company having retrenched a significant size of the work-force from a year or two back, is sitting at their desks, having a "Think Again". Meaning tinkering with a feasible, affordable and may I say "attractive mine plan". Not sure what they want to do with such a mine plan if they are an exploration company? Said repeatedly!
They are not saying it, but perhaps their thinking is that they might apply for funding in 2024 to build a low cost operation? so it does make sense to get all the licences - either for themselves or for the next "Miner X, Y or Z"?
Is it fair to say that any company with an "Open Ended Strategic Review" does not know the way forward?
There is no mention of Tandayama, which is superficial. Also, why not news of what the Geologist in the field have observed? I mean there could be "Good News" on that front?
Solgold has left me in a state of frustration long, long ago, sadly. At this rate, my votes go somewhere else. My shares are worthless and in the bottom draw, not for sale. In the hope that the term TIER ONE has some meaning and not fallen on deaf ears to a Major/ Minor Miner! No LOL, this is not funny anymore!
Point taken Quady re Warren's fund.
However, he would be out of business if he fails to consistently pick winners. His fund isn't running on autopilot. He is the guy making the win/lose decisions for the investments which his funds makes.
Quady, Scott has repeatedly said we are not mine builders. The company over the last 12 months has dismantled much of the work that was done previously to gear us up from transitioning from explorer and developer to producer, e.g. massively reducing headcount and expertise. We are not behaving in any way like a company that plans on existing much longer than is absolutely necessary.
Correct Eloro, his fund.
He is not running the company.
Listen to what the company is saying, not what funds are saying, you must have learnt by now never listen to fund managers as they want to attract interest in their funds.
Also SharketMare, Solgold have not said they are not building a mine at Cascabel, you are interpreting something that had a different meaning.
What was clearly said is we are undergoing a strategic review and everything is on the table.
Take that with we are talking to interested parties on the best way forward and add in that we have said that 20 tenements, which equates to ten properties are for sale or JV and Alpala and Porvenir are not amongst them.
What the hell makes you think the company are lying.
Warren is hardly on the side lines Quady.
By virtue of the merger, his fund has a significant holding in solg. He knows Bob and Scott which I think keeps him up to date on what the solg movers and shakers are doing while most of us here are guessing at best.
SharketMare it's not about WI or me.
That's misleading.
It's about WI or Solgold.
Why on earth are you invested in a company and you don't believe a word they say, but are listening to people commenting on the side lines.
That doesn't make sense does it.
Q, it comes down to whether or not I believe Warren Irwin has a better handle of what's going on with Solgold or your good self, and, respectfully, I'm still siding with the big Canadian fella.
Whether or not Scott achieves a sale is a different matter, but that is what I firmly believe the company is pushing for, having mothballed all operations and told the market it has no intention of building a mine at Cascabel.
And which wise monkey are you needalife?
The one that sits in its cage all day throwing faeces at people?
Novice, normality is you popping up like a jack in the box, adding nothing
SharketMare the problem is DBW has been 100% wrong in everything he has said.
How many years has he been saying we are getting a sale.
I would like a sale at a fair price, but the world doesn't work that way.
Hence we look at what the company is saying because they understand the complexities of how this is progressing.
Your post makes you look uninformed.
We need to move this forward a lot more before anyone would be interested in a project of such size.
People talk about de-risking .
As good as term as any.
But have you thought about what it actually means.
Just look at the share price, that's a fair indicator that no bid is in the offing.
Adikt. Interesting post. But it does nothing to dispel telsas view of solg, a view I might add held by more and more posters.
You adikt are part of a head in the sand minority, dbw, you and redknight. The three wise monkeys.
See no evil, hear no evil, post no evil
Ha Sharket I don’t think he deserves that ….. anyway it’s interesting to note that he thinks a JV is a total non starter and he certainly knows more about the industry than any of us on these bb’s
Dbw. Interested to hear you say, "everyone you talk to wants a sale"
Apart from the fact, that's the most thought out researched post I've ever read.
Who exactly are you talking to?.
Dbw, someone should kindly introduce him to Quady. I'm sure Irwin will soon change his tune when he hears about Q's oil and gas expertise.
Tesla, the key question is, why on earth do you care? 84 posts in the past 30 days - it borders on total insanity. What's your motivation? You criticise everyone else for repetition without any degree of self-awareness. Day-in-day-out, exactly the same message. Honestly, we get it; you don't think this is going anywhere. That really is all you needed to say.
Did Mather do something nasty to you in a previous life?
Normality being what Tesla ? There is no normality
Just loads of anonymous people posting because they are bored or enjoy winding people up…
lol……no **** sherlock
i also suppose he wants £5 a share…..
jeez, talk about stating the obvious……
trouble is it doesn’t look as if anyone wants to make a bid.
how can long can the rampers fall for the billions of people in the data room ****e…..
it’s telling that of the 5 that have allegedly made site visits, none have returned so far…..how long has this data room been open…….
the sp is telling holders everything anyone needs to know, yet the rampers believe something will happen in the next 4 weeks…….it is ramping at its very finest.
even the hardcore ramper fortissimo has woken up to smell the coffee, only the over leveraged tsmlers refuse to accept the facts.
perhaps if the rampers toned down their ridiculous expectations of a massive bidding war then normality might appear on here……