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once told they were
I think Solgolds mints are now like the ones that people forgot about and got washed in a pair of jeans.... I mean they are still there, still kind of minty, but definitely not as fresh as they once were.... gone a bit soft now, bit musky... but Bobs going to try his best to flog em to anyone he can... but he's probably not going to get full value..... as they are maybe not as tasty as we were once to they were....
Hopefully we will all be Mint.ing it soon!
What kind of mints are these anyway Slug?
If they are Mentos, perhaps Mitsui can be our bottle of Diet Coke...
(Google if it you don't know what I'm talking about)
I think you're right actually based upon the wording of the RNS. My bad.
I can see why there is some confusion here, but I still think it's 70% of the 85% owned by SOLG. This article from the time supports that reading:
https://www.proactiveinvestors.co.uk/companies/news/167144/solgold-tells-bhp-billiton-to-buzz-off-167144.html
"but it is also proposing to sweeten the pot further by spending US$275mln to acquire 70% of SolGold’s 85% interest in Exploraciones Novomining (ENSA)".
Potato/potato - we said no regardless and they're either going to have to stump up cash to buy the lot or miss out altogether.
NitPicker, not to nitpick, but you wrote: "Actually you're wrong Quady (as usual), it was for 70% of ENSA not 70% of Solgold's 85% of ENSA"
The RNS you reference states: " An offer by BHP to earn-in to the Cascabel Project, by spending US$275 million to acquire 70% of ENSA out of SolGold's 85% interest in Exploraciones Novomining S.A (ENSA) which company currently holds the Cascabel project tenements."
So it was for 70% of the 85% of ENSA owned by SOLG.
Production? Sticky and persistent inflation is problem for Junior developers. Putting it up on sale and demanding 6-10 billion dollar will be gr8.
Agreed. Don't worry, most on here have posted before thinking before. No hard feelings :)
"Also, as an aside, I'd find it deeply, deeply weird if anyone on an anonymous message board DID hold me in as high esteem as I hold myself! Can you imagine how creepy that would be? Sends shivers."
I'd find it remarkable certainly...
Nitpicker or Slug you remain 100% wrong as usual.
First you say it was 90%.
Now your saying it was 70% of 100% of ENSA.
Solgold doesn't own 100% of ENSA.
And since the approach was made to Solgold how on earth can we sell them CGP'S share of ENSA.
Excellent decision, Sean, I hope others follow your lead come September.
And I'm not waiting on any funds to be released. I'm as 'in' here as I'm ever going to be, I'm just not as far underwater as those desperate posters hoping someone reading this board will invest a pretty penny, jack up the share price and save their bacon!
Also, as an aside, I'd find it deeply, deeply weird if anyone on an anonymous message board DID hold me in as high esteem as I hold myself! Can you imagine how creepy that would be? Sends shivers. Think before you post stuff like that, chap- I assume you sent it before thinking about what you meant. That's quite common on here, seemingly! Atb
"Anyway, I shouldn't bite when the same simpletons post the same rubbish each day. "
1981Investor, I doubt very much if anyone on this board holds you in the high regard in which you hold yourself. You've essentially been posting the same post over and over again for months now, the only difference is you seem a lot more bitter these days.
I'm guessing you have funds earmarked for that can't be released until later in this year, so you are hoping that no bid lands before then.
Personally, if a bid hasn't landed by September this year, I'll resign myself to the Quady/Quibbles route and these are going in the bottom drawer.
SharketMare: who first used the term 'intellectual honesty' in this thread. Don't jump on me for that when it didn't come from me. Use your eyes, then your brain.
And I'm not masquerading as anything? Should I litter my posts with colloquialisms and vocabulary that isn't fit for purpose, just so as to avoid your ire? Lol.
The point of my 3 questions this morning was to prove how utterly disingenuous it is for slug to tell other posters there will be a sale. There may be. There may not. It may be imminent, it may be distant. The difference between a guaranteed sale in the next few months and a long term investment is a lot more than semantics, poppet- it's the entire focus of this board almost every single day. Do keep up.
And as for Q3, once again, it's advisable for all posters to read back a bit before commenting. I was not the one to raise Q2/Q3 2023 this morning...
Anyway, I shouldn't bite when the same simpletons post the same rubbish each day. Red gonna Red (post fictional trades and make up a new CV every week), bubble gonna bubble (hype for Red and post nonsense about tiny trades in Canada), Slug gonna Slug (insist that a sale is just around the corner and repeat this every month it doesn't happen, then get banned for disgusting views or coding a repeating phrase when he's called out) and SM gonna SM (actually not sure of SM's MO...)
Maybe KRSS because we will shortly have 100% of ENSA, this makes it easier to finance to get to production.
If that's the case then the strategic review makes sense, as it's about the best way to advance Cascabel.
1981Investor you seem a bit obsessed by Q3. Any particular reason you landed on this timescale?
Yes we have had mixed messages regarding the dfs.
I shall see if I can get some clarification.
Quady,” 100% ENSA now with Solg, divestment is now easy. Holdings in Capital is not significant to Majors(BHP or NCM ets).
No we didn't, it was never a bid and is was for 70% of Cascabel's 85% of ENSA.
KRSS exactly the opposite is happening. BHP and NCM are getting diluted.
“Stop masquerading as some intellectual heavyweight - no one's buying it”
Exactly SM ….. looks like someone brought a knife to a gun fight
Exactly SharketMare you go on past performance.
How many bids have Solgold had in the past.
Let me help you, the answer is less than one.
Also if you looked at the RNS's and the evidence.
Well it certainly doesn't point to a sale of Alpala or Cascabel or the entire business.
We have said what is up for sale (the twenty tenements)
And Cascabel and Alpala are not included.
Best solution is to sell the Solg, as it is the original DGR business model. Otherwise Worst scenario, Majors like(BHP, Newcrest etc) will buy it as piecemeal because Solg will always remain Cash strapped. And BHP or Newcrest will keep it buying bit by bit and shareholders will not get much value out of it.
Spot on SM.
You'll get "intellectual honesty" (what does this even mean?) when you stop positing intellectually bankrupt questions. With every single investment people are taking a view on the future prospects of a company and the resulting share price should they deliver on what they have set out to the market. Nobody "knows" how much profit Tesco is going to make in 2023 - they look at past performance, the macroeconomic climate, consumer trends, inflation, overheads, pricing power, and forecasting and make a judgement.
Similarly, nobody "knows" SOLG will be sold. They are looking at the company RNSs, the recent PR campaign, the recent addition of strategic investors to the share register, speaking directly to the company or those associated with it, and deducing (rightly or wrongly) that a sale is the most probable outcome.
Your point boils down to semantics and people are expressing their opinion in definitive terms - dull and moot points. Stop masquerading as some intellectual heavyweight - no one's buying it.