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Beg your pardon, Iseo? Was that a comeback in behalf of Rampy Red, or do you just like to troll people?
I have never got confused about whether western stock exchanges trade on Christmas day. Not even once. Have you? Or is it just red?
Astonishingly stupid and borderline predictable - much like yourself then!
We're talking about a man who was working so hard to boost this share he once forgot it was Christmas day and posted excitedly about a trade reported on tsx. It was astonishingly stupid (unless you've read his other posts, in which case it was borderline predictable)
Maybe red is just saying british BS is directing the herd this way wich is a good thing ?
Not saying he takes their advice in isolation
You seriously still use British Bulls automatic sell signals!! Flipping heck and you were once something big in the city. Well I’m amazed.
The only reason this would be a buy is the gamble on a takeover. It's a hold at best until news drops. Hope a buy out comes soon , like add , I'm fed up with this rubbish , and the contempt the bod have for shareholders.
We're comfortably through the 20, 50 and 100 day Moving Averages...
British Bulls changed to a Buy on 31 May and current recommendation is "Stay Long"
Also a Buy on Barchart UK and "Strengthening"
GLA
See DBW's post below...
Afternoon Pad ….. feel the same …. About both lol
Pad, how wide is this cusp? According to some we've been on the cusp for 5+ years... When is a cusp actually a plateau?
Beware rampers like this. They try to trick small PIs into buying into a rise. They then explain away drops as poor liquidity or blame spurious factors that were actually foreseen. What they don't do is provide tangible reasons for their extreme positivity (because those reasons don't exist, or are paper thin and easily discredited). DYOR, expect this to go down as well as up, and definitely don't believe the nonsense about an imminent bid- it's been 'imminent' for years, and will remain 'imminent' for a long while to come.
Red the make-believer is back with force.
How's the 1Y comparison, Red? Down 46%? Love how you cherry pick your percentages every time you take over this board. Is it 30 or 40 million shares you've got at the moment? We lose track...
We are on the cusp of significant value creation for Solg shareholders.
Patience will be rewarded and soon - just hold in there and ignore the rodent clowns.
IMHO GLA
Hi Fort he kept a load too ….
Redknight1,
I thought you sold about 1m shares in the 16's. How can you be 'well happy' with the rise to 19p? Plenty did the same as you and they are 'well' erm... well.... absent is the best word I can find.
I'm surprised novice hasn't appeared with his "20p by Friday" observation. I have no intention of assuming his mantle. Having said that...
Why is the SP at its highest in 9 weeks...?
Why is it up 4.26% from its low today...?
And why is it up over 18% since its intraday low on June 1st...?
Last weeks surge as selling for 36 hours to bottom in the low 17s, since when it has performed pretty solidly...
The Betaville story remains a puzzle but it has sparked renewed interest...
Solid resistance at just over 20 but I'm well happy with the last few days...
I'm praying you're right. I'm sick to death of this share.
Ah...the SR...don't hold your breath...
When this is sold, no doubt the Board will say "this was the best outcome of the SR..."
"What is the data room in the M&A process?"
"It is a physical location that is established by the seller to store essential documents that are required during an M&A transaction. The data room is part of the due diligence process; buyers and attorneys representing the buyer can access it before closing the transaction...."
RK, you're remarkably sure of yourself, which, in the circumstances, seems a bit odd.
We know what we'd like to happen, but we have absolutely no way of knowing what's actually going on. By the way, the May MD&A said exactly the same thing about the SR as the Prospectus, so I'm not sure why you're disagreeing with me.
We know we've got sufficient working capital for the next 12 months, but the SR is not addressing that issue - it's taking a much wider view.
Yea but get an offer accepted first.
Sometimes you can have a buyer for your house and even something that simple takes months ….. this’ll be sold alright
If we had a buyer it would be sold.
Addicknt
The last line is the final word
Sell the blood thing 👍
And if you're hanging your hat on historic commitments, what about this one from 28 July 2022...
"Following the Pre-Feasibility Study ("PFS") for the Cascabel Project which was announced in April 2022, SolGold has continued to develop the funding path to achieve the next milestones in the form of delivering the PFS Addendum (targeting Q4 2022) and the Definitive Feasibility Study ("DFS") (targeting H2 2023. The purpose of the proposed funding exercise is to finance completion of the Cascabel DFS, further de-risk the project and realise its world class, Tier 1 potential. The Company is targeting total potential pre-tax NPV uplift of approximately US$1-1.8bn at the Cascabel project from the continued evaluation of optimisations and other upside opportunities to be incorporated within the upcoming studies...."
The Prospectus was produced for a specific purpose, which was intended to complete early in 2023.
5 days earlier Scorr said:
"Our top priority is closing the Cornerstone transaction..."
In that RNS it was also stated "The Company is well-funded..." this was on 17 February.
The 1st quarter MD&A RNS on 15 May stated "The Company ended the quarter with strong liquidity, a cash balance of $48.1M, plus $25.4M shares held, which can be sold at the election of a wholly owned subsidiary. ..."
Times and circumstances change. What do we need funding for when we're not advancing the DFS, nor are we building Cascabel. We also appear to be doing minimal drilling.
You can hang on historic statements such as the commitment to doing a strategic review, but the priorities now are clear:
Make the company much more financially efficient and disciplined
Determine how best to present the maximum value to prospective bidders
Get the sale done.
End