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2 x 10
Cheers
Got to be major shareholder news soon....
Fort...15 million shares traded yesterday and the last bargain (albeit small) was at 10.1p...
This could be a good week on the rerate...I'm looking for the 11s soon..
SM...The other shares are held by my wife...we have 1 million or so between us and that's how it will stay now...
Good grief covgaz it sounds like you're starting to agree with me, that this is going to take time and the likes of Slug and DBW are truly clueless.
Just because you say it will fly one day doesn’t mean it will
That’s the definition of insanity, keep repeating the same mantra day after day expecting a different outcome…..
The 3 amigos have put various analogies forward, year after year, since bhp and ncm invested, if someone had done the opposite to their theories they’d be very wealthy now……
When will posters wake up to the fact they know bu**er all and are bumbling around in the dark like everyone else…..
Maths finger. I sure with the amount of contacts and sources we have on here, someone must have a contact with the wright brothers.
If not we could always make one up.
I am having a good da thanks. . Waiting at school for grandkids, then hitting the pool.
but this will fly one day, we just need to get someone like the wright brothers to go forward, hopefully our b.o.d knows someone.
now stop the ******** and have a good day
atb
Telsa. I go back further than that.
It was going to fly when we left aim.
It was going to fly after irwin joined.
It was going to fly after the indigenous Court case.
It was going to fly after we joined the asx
It was going to fly after 3 or 4 elections.
It was going to fly after the discovery of tier one aquinaga.
The common denominator is that it didn't on any of them
Needalife
It’s like Groundhog Day but the three stooges never escape their monotony………
It’s the BHP golden handcuffs saga all over again……
Anyone remember the three amigos posting how when BHP can buy in the open market, when their golden handcuffs are removed, this will fly and then it was someone’s expiring 40p+ options as an excuse that the sp will rise above the option price…..
there is always an optimistic scenario as to why the sp will rocket…….
This week’s flavour of the month is there is no way they will get to the agm with a sub 10p sp…….none of the Amigos, from their summer ramping, ever thought it would be sub 20 never mind sub 10
The great thing about the Amigos posts are……..it is all in b&w for everyone to read….
It truly is Groundhog Day…….just with different flavour because continual bull 💩 doesn’t wash
Novice your post from 3 days ago.told the world you had filtered me.
Funny thing is, you've responded to nearly everyone of my posts since.
I'm clearly in your head 24 hours a day.
You really are a clown
Have you checked your nappy novice
Has anyone else noticed that bad smell around here this evening ? It comes around this time most evenings 💩💩💩
ONWARDS AND UPWARDS!!!
Interesting to read yesterday's posts.
Redknight posts Tuesdays latest on his fantasy trip.
Who hangs onto his every positive word.
You only get one guess.
Your correct.
Eloro, dbw.
Eloro because he can't make a decision of his own. Reliant on others views
Dbw, because he wreakes of desperation.
A bit of advice, Take the time to read redknights posting history.
I love the way Drake ,Redtheramp and DBW post in tandem , c'mon , is it just me that spots these scenarios? I doubt it.
Covgaz
They are just getting desperate now, they bought because the sp was falling through the floor and BS probably said help us out we have to sell but we are getting hammered.
Just remember red ramper has a few T20s open so hes pretty desperate to try and generate some profit to cover his huge losses from those buys in the 30s a while ago……
So ...is it being suggested that these millionaire guys that are our BOD have bought a few shares between them at under 10p to make maximum buck going forward? So they bought 1.64 million , redtheramp.owns 1 million ?(or 675,000)? himself.
C'mon , even an idiot would realise a multi millionaire doesn't need to watch stock prices to enhance their wealth , imagine getting rumbled doing that whilst the PI suffers?
You folk need to stop this rubbish , it getting into desperation the way you all speculate on nothing.
Red, one of your more interesting posts, thank you.
Will be interesting to see what transpires between now and the AGM . Let’s all hope there is something.
Look, it doesn't take a rocket scientist to tell you that sub 10p was steel of the century on SOLG shares. Of course they would snap up the opportunity to buy some and get some browny points from some investors (not all!).
Personally, I always start with the pricing for BoD's options as the benchmark of where they think bottom is or where they know they can make 2 or 3 times the value without breaking sweat. There's no doubt imho that Scott though 17p was a super bonus award price to peg his options to.
As exampled by GGP recently.... once an unloved stock going nowhere fast scratching around sub 6p and within 14 days everyone is happy clapping and the sp is 9.3p or 50% higher on zilch.
When things change... they tend to change fast with stocks like SOLG and GGP. Remember, SOLG was 10p post covid and tested 41p+ pre PFS last year.
I just think management saw a win win opportunity and took it.... but as I said.... some might say they orchestrated it as they did zero to prevent it from happening.
Scot and co are going to that SP back up toward 17p/18p or higher to scrap through the AGM. They'll be plenty of happy clapping and investors looking forward to Q1 2024 if the sp is back in low 20's.
So what are they going to pull from the hat in next 6 weeks to deliver that happy clapping??
Remember... they could have set the AGM date for Dec 22nd if they really wanted to. Instead they set it for 2nd week in Dec and tagged a 'special meeting' along to it.
Mmm. 10p tomorrow or 11p? The mm's have certainly shaken a few off the train over the last week or so.
And to present the bear case here, perhaps that was the last and most practical opportunity to buy shares before the AGM, at which they are going to be relying on PI support to keep their jobs? If there's no good news in the pipeline that's basically all they could feasibly do to win back some support. They are going into it having wiped 42% off the share price this year after all.
Just as plausible IMO
Red, all well and good, but if you do think this why did you decide to sell 325k shares over the last few days?
Spot on Red
Great post and agree with all of it ….. timing is anyone’s guess but I’m also of the opinion the rerate will begin before the AGM
Sadly Red, I have given up expecting anything happening near term more than Scott talking about the Rocks. I am not expecting another streaming deal. More likely they would flog the 157M CGP shares to shore up the balance sheet.
That said, I hope that you are right. I really want to move on from here and not have to be on the same BB as the village idiot from our penal colony.
Why did Scott, Stacky and Twiggy buy 1.64 million shares when they did...?
OK so the 'public' explanation was that they had to before a 'closed period' and some of us speculated what the announcement might be.
And of course the 'closed period' is for the MD&A and Dinancial Statement. 30 days later would be 9 November if we assumed that Stackhouse bought his second tranche on the last possible day, but...
Think on this...
Why were they keen to buy shares then...? If they waited for the financials they wouldn't be able to buy until 10 November.
But what if there is soemthing big in the offing, either between now and 9 November or shortly thereafter. Then of course they would want to get the shares while they could...why pay more than 9.9p/10.97 (which was the range they paid?
But the financials should be a non-event, which reinforces my suggestion that there is something big in the offing, which might happen even before 9 November.
So then consider this...?
Some might suggest that they knew about the Berry Street liquidation, or that it was in the offing...
But then you would wait surely, even until after the MDA...unless there is something in the offing...
And here's the thing...
DBW hit the nail on the head with the implicit suggestion that a Gold streaming deal answers all our prayers...
It leaves the copper intact
It puts a value (Asset Value, not Market Value) on the Resource and thereby the shares
It takes away any cash worries indefinitely
It puts the wind up Jiangxi, BHP, Newmont and anyone else seriously interested in bidding and flushes them out...maybe before the deal even gets signed off...
So I seriously think there is something in the wind and some seriously good news in the offing...with a massive rerate...
Because why would Scott, Twiggy and Stackhouse blow there precious cash on a mere £160k worth of shares unless they think they will make serious money on them and...
More to the point if they thought they were going to be blown out at the AGM...
Just think on this...
GGP up over 50% in under 2 weeks. And that's after they delayed operations! Market cap £477m!!
SOLG the complete opposite, almost down by 50% over slightly longer period (15p to 7.5p) apparently all down to a large seller. Well, historically SOLG has always been above GGP on market cap (bar the dizzy days of 38p on GGP), so if the market is being rational... SOLG should be on for a 50% climb in November. Sadly... that's still under 15p from where we are but would represent an almost 100% climb off lows. This market is nuts... like a fruit machine in casino hall.