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Reported for posting info about another company on solgold
Totally agree, news long overdue.
Onwards and upwards
yep RichyRich indeedy ;o]
Hey smicks
anything can and will happen matey
but yeah you're right - there's endless possibilities out there - heavens knows, the Chinese who practically own Ecuador could just swoop in any time too............who knows?!?
tbh [& in the nicest way] I dont really care which way it happens - as long as it happens!!!
all I really want to see even if it's tom cobley / pinot & cookie / or Tom n Jerry [lols], that we start to see share price appreciation and some positive news flow from the co........to drive it!
atvb matey
BN.c
Hello Bnc
Whilst I respect your view surely there has to be a chance of third happening as if not Bhp would be the only major out there.
Bhp may wish to fund and build a nice position for what is relative peanuts to them and allow solg to build themselves into a a major player knowing they could take them out whenever they please or most likely when they see Ecuador is the right answer for them?
Just an alternative point of view.
For me I have to believe in NM as he has set out his stall and in backed solg on the back of his promises.
Of course I was hoping it would have been done and dusted a while ago but as it has been said plenty on this bb nothing runs smoothly and less so with millions/billions involved.
hi KB, in theory I'm right there with you, but in reality, a resource is only worth what the highest-bidder is willing to pay for it : either by directly buying it or indirectly funding it via buying shares etc
Or 3 way split, SolGold, Newcrest and BHP!?
Hi RICH3R
Yep I think we're both on the same page there BHP [muscle] & NCM [specialist] take it on in a JV deal.
Funny I was just on about that to poster Native the other day ;o]
Just wish they'd all get an f'in move on lols........
R's
BN.c
Who gives a strawberry trifle whats going on a greatland gold.
Joined today and posted that on 33 boards
Eh! FILTERED
No buyout!
"IT'S TOO BIG!"
hi BNc, imho it's just a matter of when the buyout comes and by whom ?
You'd have to say that BHP are the front runner's but Newcrest will clearly have some part to play and there is a possibility of some kind of Joint Venture between them. But I would guess that BHP would want to go it alone and will buyout SOLG & Newcrest.
Other interested parties would certainly shake things up and probably for the benefit of us PIs.
I would hazard a guess that it will all be done and dusted within 3 years?
But who knows ??
That was 100% btw....
Website screwed it up.....
RICH3R
I agree ??%
They would not allow SOLG to be come a major/competitor.....as much as NM bluffs n puffs with his banter/nonsense........never in a month of Sundays will they allow that to happen!!!
BN.c
I agree KB, Dragon was one of my best investments too. Sp potential here is huge depending on the route taken, many twists and turns yet to come imo. I'm just going to enjoy the ride.
On the same note we have been compared to Wafi - Golpu mine in size however that was prior to the updated resource estimate and with MRE3 due it is looking bigger.
Wafi-Golpu was estimated to have a worth of $ 9.9 billion which if professional comparison is correct would value Cascabel the same. Now with the shares in issue at SOLG then like for like would value just the Cascabel concession at around $5.14 (£3.93) per share. Include Blanca, Timbara, Porvenir, Hueca, Cisne, Sharug amongst others and you are agreeing this is worth just a quid.
Bingo!
Btw, I wholly agree with you about the future as an independent company...it ain't gonna happen.
hi addicknt - fair play and i get your point.
For those who still wonder what market cap is - it's the share price multiplied by the number of shares in issue
Ditto KB re Dragon Oil, I remember initial offer was some £6.50 and was eventually raised to £8.00..... Booootiful was that.
Mind you took about 10 years !!!!! I was 25 then and cashed in at 36. I'm now well north of 50 : (
Grimbergen, I've waited 9 so far in another 9 where will we be?
According to other we won't be here, I disagree!
Rich, I didn't word my post clearly.
From what I could see, KB was implying that because the share prices of the various companies he mentions are x, y or z, that ours should be, or become, similar. I know it's possible I misinterpreted his post, but the price of its own is irrelevant.
I saw someone else post something similar on another board today. He was trying to equate one company with another by saying because their sp was 4 p, so should ours. Obvious nonsense.
Addicknt! Come on!
I'm not evaluating the company in it's current state and I totally understand mcap but share price reflects the financial health of a company and it's prospects. Currently financials don't really play a part, until such times as a mine is up and running and we know full well what the assets are worth then mcap comes into play. To say £1 for a company that has one of the biggest copper find in the last few decades - could be getting bigger - along with over a dozen highly prospective concessions is folly.
Period!
KB - dragon oil was my first share. Bought for 2p I think I got my dad to buy some too, I got a tip from a mate who’s brother worked in the city when they were 1p something and thought I’d missed the boat to be honest. Time passed, I pretty much forgot about it, actually lost my share certificate in a move at one point and had to get a duplicate issued by some Irish firm, and finally sold when company was sold
Lovely jubbly
Solgold is taking its sweet time and I’m as peed off as anyone at the moment, but patience does often reward. Although I hope I don’t have to wait 20 years for this one!
I would be over the moon, leave £8.00 I can bit NM hand off at £2.00
hi KB, please note that i did start my post by saying 'with respect' as i always try to be friendly unless speaking to trolls.
I simply don't believe the existing majors like BHP will allow SOLG to become another major - in competition with them.
addicknt, share price is surely relevant to me and you as shareholders?