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The only way to maximise value is to build a mine!
What will the price of copper be in 20 yrs????? Selling it off 'DOES NOT' maximise value.
Thanks so much for these, guys.
Sean,
WI response after the IP:
https://twitter.com/BlakchinnieBlue/status/1672132479816179713?t=REtLHvqFcF22trNOJm3IbQ&s=19
Sean, see my message WI, Today 00:55
It contains 2 of his latest twits about solg. These were replies to my direct questions from him. He does reply so you can try asking any questions.
His tag: @ItsWarrenIrwin
I suspect you made be right anon3.
Very bold thing to do though.
Sean, I'd guess "money made" answers your questions.
I have zero faith in anything he says.
Personally I'm expecting Bob/Maxit et all to line their pockets with a. cheap placing a month or so before any agreed takeover or asset sale. Why?? Because for some reason I get the feeling that 'they' the old CGP bunch think those shares are 'their own' and as such they fully intend to place them to their benefit. lets face it... if the takeover is coming and they know it.... do you really think these guys are the types to pass up on issuing themselves 100m shares at 17p just before they accept an offer 50p??
I know it's out of order etc but what would you do if you were them and SOLG's cash balance was running low... which it will be come Dec. Auditors will want at least 6 months working capital before signing off accounts in Dec. Scott says that SOLG have 12months finance in place but the caveat on that is it includes the issue of 100m shares or $25m raise.
I think these guys are well and truly out for themselves and if pi's tag along... then all should do very well. But some (like Scott) are already doing way way better than they were when at CGP... they are significantly richer. Now they just have to enact the monetisation event. But may as well profit from the 100m CGP shares along the way eh?? Cynical I know.... but money is a filthy and greedy business.
Wonder when XIB start to close short position.
Someone ask Bob to take a walk past the hotdog stand on the same street Maxit office is on to find out lol
Quady
This is what happens when people are trying to gamble their way to retirement. Whereas posters like your good self have done the research and aren’t here for a get rich quick scheme.
Personally there aren’t many posters on here who remain calm and stick to facts, you are one though, despite the constant attacks on you.
I note the posters making those attacks are probably under water, with their investments, or believe what the rampers say and their expectations are way too optimistic.
I meant RNS's not Rand's.
Seanhunter, sit down with a cup of tea and read this RNS carefully.
It will take a bit of time, but loads more information in there apart from the date to move to the explotation license.
This is one of the more informative Rand's.
As I said I only report what Solgold has said.
Cheers for that Quady (genuinely).
Thank you snowman, my link was from RNS issued 13th May 2022. Where I took my information.
No, I copied the text from the MDA 'For the three months and nine months ended 31 March 2023' Sedar has it as filed May15th. P9 in your PDF reader P8 in document numbering. Header is called "GOVERNMENT RELATIONS".
Sorry needalife that's not true, not all licenses on hold.
Cascabel is not and should we reach the requirements for the explotation license, we will be granted it
Good morning snowman I believe you are referring to the MD&A on May 13th 2022.
Quarterly Financial Report and MD&A
13 May 2022 07:00
RNS Number : 3668L
SolGold PLC
13 May 2022
13 May 2022
SolGold plc
("SolGold" or the "Company")
Quarterly Financial Report and MD&A
Snowman. Interesting, but once again solg words.
These are the facts. According to p americas.
According to the mining chamber, at least 100 environmental licenses are on hold across all sectors.
Pressure groups are planning countrywide actions on June 5 to demand authorities declare their territories free of mining.
So solg as usual can mislead all they want. The permits and licences are on hold. Nobody dares issue them at the moment, for fear of the anti mining lobby. FACT
Thank you Snowman123. Much appreciated.
I'm not on Telegram and have limited access to Twitter but the last thing I heard from Warren Irwin on SOLG was immediately prior to Scott's presentation. Odd that he didn't comment afterward, or am I missing something?
Any link would be appreciated.
For all of us waiting for a bid (which seems to be a minority on here now) we are certainly all dressed up with no place to go until something happens, but it strikes me that no one has stuck their neck out more than Irwin in that interview in March. It certainly was the trigger for me to put everything I had in here, and - whatever the intention, if there was an intention - his "slip of the tongue" sent this share from 13.5p to 22p in days. I can't complain about that, nor can anyone else who benefitted from that rise, but it does seem strange to go so quiet since. Does he feel he said too much? Did he mean to say too much? I'm certainly not accusing him of anything untoward, I just find it odd that he mentions SOLG so rarely, unless there is chat I am missing. He is certainly one of the powers behind the throne who wants a sale - so why would they keep quiet when silly talk about building a mine is doing the rounds? Scott's presentation was about as dull and as boilerplated copy and paste non-committal flannel as we have seen down the years and in effect said everything and nothing. Maybe it's the silence of other people which really speaks volumes at this time?
Still we have always been the leakiest company I have ever invested in so perhaps the silence means nothing.
Any links?
Hunter. I think it best for everyone's sanity, I leave you to stare into puddles, and exist in your make believe world. It's impossible to get a credible responce from you.
From the MD&A published May 15th, page 9:
An application to begin negotiations on the exploitation agreement for the Cascabel project was submitted to the Ministry of Energy and Mines (“MINEM”) on 31 August 2022 and was deemed admissible on 14 October 2022. The formal negotiation process began in late November 2022. Due to the regulatory framework established in the Mining Law and in order to keep Cascabel mining title in good standing, the Company has until January 4, 2024, to complete the negotiation process with the establishment of a non-binding term sheet, and the submittal of a request to move into the exploitation phase. As of the date of this MD&A, the negotiations with the Government are advancing according to schedule.
Do be quiet worm. I said I wasn't talking to you.
Clue for you though:
29/6/2023
08:12
And Sean.ref your post. I don't think anybody believes you, any of the time. Your becoming someone to ridicule
Sean And your indignation does what to show you were found out, making up another post,
You really are in your own little world aren't you.
And the members list is there for all to see. Just click on members.
I should be reporting you for constantly making things up and misleading the board.
Not my style tho, I've got a pair
Seanhunter you try to convince people you know what you are talking about.
The exploration licence expires on the 3rd Jan 2024.
This is after being extended from the 3rd Jan 2022 for two years because of COVID.
So we either need another extension, although not sure on what basis.
Or we need the explotation license to replace it and start construction or sell it with the explotation license.
It's really that simple.