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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.
Worth noting the decline in mining sector overall with likes of Anglo American down near 2000 levels when they were testing 3700 in Jan this year. So in 6 months they are down nearly 35%. Glencore down heavily too. Both FTSE based. Elsewhere likes of BHP and Rio Tinto seem to be doing better - down just 20%.
If you took SOLG average share price levels of around 24p/25p (over last 2 years) and sliced it 35% inline with Anglo (mining bellwether) then that gets you to around 15.5p/16p levels.
Of course, a growth stock like SOLG should not track a mega corp like Anglo American but considering the latter is on FTSE100, it's still a good indicator of current market sentiment and liquidity albeit in typical subdued summer period.
BHP clearly enjoying the benefits of their decision to delist from FTSE100 last year.
All in all... SOLG share price performance inline with all the usual market participants.
I do note that the trolls fully believe me when I say I've bought shares if the share price then goes down. But not when it goes up. 🤣🤣🤣
55 by Friday novice...?
Anyway apologies to decent posters on here I vowed not to get involved with the trolls again...
However, just to check - anyone on here declare (or think) we will lose all our licences in six months? Just curious...
Cheers Add, I do hope so.
Sean hunter. Just went on the members list. No such poster called cym.
Another delusional fantasy mate. How many is it now.
You really need to see someone
Well reading this daily I have to give kudos to NAL for keeping this BB going in the interests of LSE and keeping the post numbers up for the advertisers, other than that this BB would and should be dead now were it for a few numpties who keep replying to the childish tit for tat posts from it. todays language on some of the replies from NAL seem very similar to previous incarnations.
Anyway Soooo much better here since I began my self imposed ban.
Speak again when it is sold for 80p per share in about a years time
Ps Bozi
FTJNY’s response to you just is a sign of the frustration he has in this company and like DBW at al, just lashes out, at least DBW has his wings clipped on here unlike other forums previously where he was pretty aggressive.
Just to warn you all, there's a very credible poster on the other board called Cym who says we are going to lose all our licences in six months and the SP will be 1p - 2p.
He says he got his information from *this* board.
I'm only mentioning this because some of you think the deramping is getting desperate on here lol. This board is a picnic lol.
Personally Bozi I don’t have any issues with holders, what I do have issue with is rampers like red knight and DBW etc who continually post the same ramping BS day in day out and readers like FTJNY who suck up to those posters because they don’t have much choice.
It is easy to post negative comments about this share, one has to only look at the share price.
I took an interest in this share because someone tried to get me to buy into it 5 years ago when BHP took a stake.
Needless to say I made a pretty good decision back then.
Everyone is entitled to an opinion and you are absolutely right if FTJNY had a counter argument that would have been great but all he could do was troll me, ironic really, but I think that says more about the quality of investor here than anything else.
At least posters like yourself and other realistic investors haven’t got those rose tinted glasses on.
What amazes me is red knight actively traded this stock whilst misleading readers and yet they still suck up to the ramping clown.
Ftjny. A good hard tackle, I think not. Your more akin to sniping from behind a curtain, or egging others on. As soon as anyone gets the better of you, you bring out your trusty filter bin. Clown
With such limited cash, what exactly?
But surely he should be doing more to get the SP up before the starter's pistol is fired...?
Not overly important but we were told the new website would be launched towards the end of the month…. Let’s see
Fort another blockbuster.
"Like I said a while ago, there's a clear trend of 'drifting' lower on low volume and moving higher on high volume."
No sh**t sherlock. Never would of thought that.
Thank god your hear to enlighten us.
Eloro, as far as your point about deliverables etc is concerned, I agree with you. In fact, I pointed this out yesterday. I also said that if he's relying on engineering studies and various scoping exercises to increase the sp, he's p issing in the wind. But the fact is, he isn't.
They are fully focussed on the SR and yes, it's frustrating having to wait, but I'm certain he's aiming to deliver a good outcome.
Cheers, Fort. Personally I agree with your "they're just cheap shares" type sentiment.
Add, I was hopeful that Scott would be a new broom particularly after his critique of previous management. Instead, all we are getting is open ended deliverables, vagueness, nowt concrete that he is actually going to take steps to arrest the decline of the SP which should be of concern to him as it is to us. Finally, we have had months and months of guessing about a bid, and as for fast and smart, I heard nothing on June 22nd that convinced me that he and his mates are actually seeking to sell casacabel or solg. Just endless waffle which I am now finding irritating. My moan for the day.