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Add hopefully all part of a “big reveal” could be around the same time as the website relaunch .. towards end of this month …. Who know ?
Q, the thing which concerns me is the suggestion the SR will be an 'ongoing process' with no conclusion and therefore no clear direction of travel that's comprehensible to all. That is NOT the object of an SR.
If the company now thinks it can mine , just say so and we can then make our minds up as to wether we wish to continue being invested.
Engineering project's are undertaken all over the world every day.
The company doesn't need the expertise.
They buy it in.
Civil engineering project's are undertaken on a basis of continuous improvement, on costs and time to deploy.
All Solgold has to do is raise the funds.
Either you believe what we have in the ground is big enough to attract funding or you don't.
Personally I do.
We await the strategic review.
'not mine builders'. At this time we are an explorer. We can't sit around forever waiting for a TO that might not come (far cheaper for majors to have us burn through cash and fail government spending agreement, then pick up the repo concession. Don't believe the deficit deadline nonsense peddled by ramper fort- majors have other options medium term ). So we have to do something, which means re-evaluating the engineering and bringing in some mine builders (engineers) to pick off the easiest fruit. Pretty sure lots of others have tried to explain this simple logic to you fantasists multiple times before - does it take your golden boy on Twitter reiterating it for you to finally understand? Seems so. Nice if reality starts to set in for some of you though.
Dbw, exactly. But the thing is we, and the market, should not be put in the position of having to interpret matters - there should be a very clear strategy which, after all, is what the SR was meant to deliver.
Snowman, we know the DFS has been put on ice, so how this fits in with mining is beyond my comprehension.
The lack of communication and clarity has become a real issue and I confess I expected better from Caldwell.
I haven't seen an announcement either. Not about that we are going to mine it or from any engineering company working on a (feasibility) study. I am not against moving forward towards building the mine. It should add value and Solg can still be picked up along the way while the project is being de-risked.
Morning Add …. I took it as meaning his approach on how to mine it rather than any intention to get involved in the process himself….. all down to interpretation I guess
Interesting.
We know SC has talked about advancing engineering works at Cascabel, but when did he announce his intention to mine it? And how does this fit in with interested parties doing dd in the data room? What happened to 'not (being) mine builders'?
Has Caldwell tied himself in the same knots as NM and DC? I sincerely hope not. Time for a bit of clarity, Mr Caldwell.
On twitter i asked for Warren's comment on last week's article regarding possible bidders and this is what he said:
"I am sure there are multiple parties looking at SolGold, which one moves and when, who knows? It is an excellent deposit, I think Scott's new plan to mine it will light things up. I am looking forward to seeing his plan."
Oh. I forgot byronbaygold. Also has contacts on the board.???????
Current members.
Copperpot. Has contacts on solg board
Dgi. Speaks directly with scott
Shipright. Speaks directly to scott.
Mrtit. Retired at 54, from profits in solg.
Redknight, buys 1000000 shares a week.
Fortissimo completely away with the fairies.
Enough is enough. Goodbye
Mrtut. Not gone anywhere, as much as I intended to. I feel I must respond to your silly little post.
I repeat it once more. I have and will never report a post. Not even your fantasy.
"Retired at 54 off the back of SOLG going up into the 40p,s about 4 years ago."
Yes mrtit, it's laughable isn't it.
It's fantasists like yourself who get posts removed, out of the shear embarrassment of being found out.
E
Finally, until your silly little inflamatory post. I never even knew the thread had been removed.
Now I will gladly depart, but will always respond to the likes of you
Wow .. 2 green lines and no replies to them. Best to keep it this way. They eventually get bored and leave for good
Just re-read add's post and can't make head nor tail of it. Who is this 'client'? I assumed he was accusing my little story about an HK hotel of moving the SP (not likely!!) not sure what the rest of his BS is.
Anyway, nice of him to offer to be quiet. To be clear- I've never bought shares in behalf of anyone else, nor have I claimed to. Weird guy.
Guilty as charged
Did you see how much traction that complete fantasy (which I was good enough to point out was made up) got though? People asking Irwin about it on Twitter, contacting the company to see if it was true... Sound familiar? I successfully proved that the rampers on this board will jump at anything, even if written by someone they have tried to talk down to.
Funny world.
You seem very eager to label others as fantasists, but let's face it, your effort of a few weeks back was a masterclass in complete tosh.
I seem to recall you claimed to have successfully manipulated the market so you could buy shares for a 'client'. Apparently, you achieved your ambition and got him in at circa 20p (from memory), whereas if you'd simply sat back for bit longer you could have done so at 16p. I guess your fantasy client must be over the moon. And as for all that other nonsense...
Anyway, that's the end of this exchange.
If I was after a cheap shot, I'd question whether you had any such faculties, given the nonsense you've taken an interest in, but let's not do that on here. No one wants to read that.
I'm sure we're all eternally grateful for your vigilance. It's so helpful not having to employ ones own critical faculties.
There's a consistent desire amongst posters here to both read, and be seen to post, 'factual information'. I'm just checking no one thinks that what fort has posted here is factual?
Lengthy? Yes. Tiresome? Very. Useful? Absolutely not.
Factual information about a company is released through RNS. The rest is conjecture. But some posters' conjecture has been proven wrong time and again, whilst others have seen their suggestions realised (or not) through actual news.
Right now, the market knows the deal.
1981, but you don't know that, do you? We are all in the dark, you included.
Fort: there's no smoke (even if that betaville 'article' does exist) and there's no fire. You've presented the best evidence that this hype is meaningless ramping: rampers were wrong about BHP and they are wrong to say there is an imminent sale. If you can't wait a year or more to get some cash out here, either move on and come back or at least have he decency not to post this rubbish in the meantime.
Meanwhile solg languishing at sub-20p levels.
Https://www.mining-journal.com/london-to-a-brick/opinion/1428389/joint-bhp-newcrest-bid-for-solgold-‘within-months”
and we know what happened shortly after that big failed to materialise... CGP and SOLG announced merger.
Prior to the above article BHP and NCM were said to have met Lasso. Share price was around 35p then. Double today's level and we only had 85% ENSA then.
Perhaps the simple answer is that all of these parties are in the data room - hence the speculation.
And remember this one from just a few months ago?
https://www.thisismoney.co.uk/money/investing/article-11713193/CITY-WHISPERS-Miner-SolGold-target-rich-seam-rumour.html
Plenty of obvious reasons for thinking SOLG is a takeover target as we know.... Tier1 assets do not stay stuck on a shelf. They always get developed. Name a Tier1 asset that has not been developed. There's too much money in them. Alpala is so huge that even 20% of the total resources delivers a robust economic story and that with Copper around today's levels never mind doubling in the years to come when Alpala is expected to produce. A super major or chinese outfit could have 50 years+ of cheap copper available to them at a time when copper is valued at all time highs.
Mining Journal or another well respected Aussie mining site speculated that Newcrest and BHP were lining up a bid around this time last summer. The share price was well over double what it is today. Did SOLG comment on the rumours? NO.
Bozi... on that basis, why do you expect them to comment on an article that is from an uncooked source and even as some posters have said looks unverified albeit to non subscribers. FWIIW, from what I've heard it is a valid story/rumour.
In my opinion ... it's the old adage... 'no smoke, without fire' and I think there are numerous parties that would like to see some feathers ruffled. The Story might have been leaked to unsettle chinese as Brazilian firm included. Or could have been dropped into rumour mill to agitate the likes of Newmont and BHP? Or... could just be Maxit generating some interest via the usual PR rumour wheels.
The fact is, the chinese names to be expected but it's the suggestion of a Brazilian firm and possibly Canadian firm in the mix which has got my attention. That's potentially something we didn't know! Chile have Codelco involved with chinese in south Ecuador, could Brazilians be interested in North Ecuador?
One thing for sure is that the share price is very very cheap at 17p levels compared to when the last BHP/NCM rumour circulated last year.