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Yes or no, DM? Or is it wait and see?
I do sometimes wonder if the Mark Twain definition of a miner applies to the Solgold Bunch....are they being found out?
Just ruffling the feathers :-)
One thing is for sure. If SC and BOD do not do a volte face and publish a clear strategy before market opens tomorrow we will be single digits by Friday.
I guess we have to be thankful we are not in HZM, down 76% in 2 days due to costing errors and clear lies over the last year or so, which at least we have avoided. those posters wanting the board to communicate more and "make things up" to increase the share price are wishful thinkers , we are where we are and now at the stage where we have to put our trust in the incumbent board or cut our losses and try to retrieve on the next flavour of the month. for me its still a hold as we/I have lost nothing until its goes into liquidation which hopefully wont be the case as the Ecuador Government need this resource, unless they are wanting it all for nothing ? oooh to be a fly on the wall in Solg towers nowadays !
At this point the damage is done, at 10p what does it matter. Lets get crazy, maybe give one of the ladies in the bakery a crack at CEO?
Eish, likewise, although mine was more about what I thought of the results presentation and the risk he's running with private investors...although I don't think he needs reminding.
In fact I'd urge everyone to write to them now - there's no point waiting for a day or so before the AGM.
No we're not Kapil.
So we're all in agreement then? No more media for Scott and he leaves asap?
Best to just hang in there - sods law you pack up and it flies...
Wouldn't surprise me if it does.
Gla
...how the SP has dropped so much with relatively small sells.
My fear is that the information that must surely come is not good and the big holders are lining up to sell.
Like others here, I'm well down and as much as I dislike the idea, I'm considering taking the hit!
Perhaps someone has sunk the price so that when management present us with a low ball offer we all find it more palatable.
Yes Ray, this share price is a shameful reflection on our management imho. With the copper, silver and gold assets SOLG has, it really shouldn’t have to be like this should it !? I don’t know whether to laugh or cry …..
Agree MR. Been here since Solomon Islands days13 years ago. Swimming backwards. No choice but to stay in but the Board needs to talk to shareholders ASAP.
Agree MR. Been here since Solomon Islands days13 years ago. Swimming backwards. No choice but to stay in but the Board needs to talk to shareholders ASAP.
Qali
Red knight is one of the worst rampers on here, ramping away whilst selling.
When he has sold he then de-ramps and so on and so on.
There are potentially more investors feeling the pain today because of posters like red knight.
Yep, 4x my original position. Will add more if it goes to 8
This share has treated long term holders disgracefully.
As tempting as it might be at this price think I'll sit back for a while and see where it goes.
Down 66% and definitely feeling the pain. 4am here and tempted to open a bottle of wine.
Wow
Had a small position of this, now made it my top 10 holdings. Thank you sellers
I do not think anyone has the right to call people out like Red Knight.
Like him or loathe him I do not like to see anyone get hurt.
Thousands of small SOLG shareholders are feeling the pain.
I remember when they first discovered it back when the SP was 8pish. This board couldn't believe it. The SP went to 23p in short order. They still have the gold. it's gold not coal! I'm surprised they are not churning it out after all these years. I was going to buy in when it dropped to 15p but didn't, however I bought in today to join the moaners. 10.78 x 50k. GLA.
Orthern- as normal we do not know what is going on behind the scenes.
Never did I ever think that we would see these prices again.
We spend 6 years digging holes, we find a pot of gold and copper , we have very large investors with great influence- we have a late entry in to the fray with Jianxi CGP joining the Solg family amicably this time and the price tanks on Caldwells presentation.
You could not make it up!
6 years work destroyed in an hour.
Bring back Nick Mather the Donal Trump of Junior miners.
Funny how the world works. Unlisted company I invested in the same day as SOLG has just received a 10x offer valuing the business upto twice the current MC of SOLG. Amazing what good management can achieve. Any hope of that here? If there was a clear plan I might buy more. One can only hope.
I suspect he has had the margin calls and couldn’t raise the funds, hence the silence