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Agreed, not disputing that at all. Just that I would expect a CFO not to make a bad investment with the inside knowledge/foresight that he must have. Bring on next week.
Or nothing meaningful to prevent him from doing so? Hope it is not the case.
Swanley, yes it is, but Fort's point is a valid one, because it begs a few questions.
The plot thickens ..
Who cares, I take this as a positive sign.
Or is he? The web site suggests he isn't.
Fort, yes it is strange, but technically he's not a director, although I guess the same rules apply?
Weird.... so the company is known to need a cash raise and are in discussions on how that is done and the CFO is clearly involved in those discussions and yet for some reason... is free to buy stock in the open market with blessing of the oversight/committee?
I can't see how that can be possible? Any one else think it's odd?
Redknight...
I await an apology..
Who called me the Muppet the other day for suggesting this very RNS
Fort,
Might be BHP and Newcrest selling and buying back into an ISA lol, nothing here surprises me any more, just enjoy this brief period of blue
Atb
Just astounding that someone can just snaffle 450k for sub 10p and the price barely moves. There used to be a time when buying larger than 250k blocks would see the mm's move the price pretty fast. One can ony imagine there is another rather large UT being lined up. If the mm's feel they have a nice steady seller/supply of stock then they'll not move the price much.
But who are these sellers and providers of stock? We've had 75m done in after hours followed by about 60m a month later and not much more than a blink of the eye by the share price. Most bizaar.
Roll up , roll up....
Follow the money.
Someone's is confident 450k shares .
Dyor
Gla.
450k buy
Nice little rally going into the weekend,
lets hope it stays in double digits this time
Going to be interesting over the next hour or so..
What way will the SP go?
If No news...
I expect some sellers, taking daily profits going into the last half hour.
Personally I wouldn't want to be out this!! Dyor gla
Eloro.
I don't read forts posts.
To be honest I didn't know anybody did.
I used to find it was like reading "war and peace"
Maybe 11p on it's way
Is RNS next week ?
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
Building up nicely...
10p and beyond. those who have been sitting on the sidelines , know the time is getting near for news .
How long dare they wait , 5p was never going to happen.
Imo
Bid 9.99p
Ask 10.00p
As tight as a fishes bum
News needed on cash raise....pls
10p paid
If you had said a year ago that PoG would be $2400oz, Silver over $30 and copper nearer $4.50 and SOLG share price would be 9p to 10p range I would have called you deluded.
How on earth can the market or any manipulator out there sustain this apparent ignorance to what is going on in the mining space???
That said... and yes it is coming.... It's Scott and Bob's fault as they've left the market wondering what on earth is SOLG's strategy or outcome of the SR and where the next cash is coming from that is non dilutive.
Talk about trying to play a business down... SOLG management seem to be incapable or unwilling to get the sp moving and content with where it is. Bizaar is an understatement.
Bob... stop playing games... release the SR, confirm the funding and anything else needed and lets get back over 20p+ again.
Glencore has almost risen 50% off lows and that's $65bln+ market cap. Not small change advances in commod players at all..
GrimBergen
10p might be hard to hold , without any news.
Mind we have a lot of buyers sitting on a 6p buy.
Temptation to take some profit is looming.
Good luck to them , always good to take some profits.