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A couple of people asked WI opinion of the sp performance based on recent revelations...
'SolGold shareholders have suffered through a lot, it will take a lot to earn back that trust. Step 3 might happen before that trust is earned.'
£1.32 seems a long way from here then :)
highfly, the critical question is what is step 3? If we sell and everyone gets a payoff, trust is not even in question. If step 3 is a Maxit move at the expense of the rest of us, then trust will never be earned. I am not usually binary in my thinking, but the narrative here has developed so that we PIs are cornered, can't sell because most of us are in the red, can't buy more because most of us were already maxed out and positioned for a corporate event for the last two years.
I hope alongside everyone else, but we are objectively on the receiving side of a ton of s h i t
highfly, the critical question is what is step 3? If we sell and everyone gets a payoff, trust is not even in question. If step 3 is a Maxit move at the expense of the rest of us, then trust will never be earned. I am not usually binary in my thinking, but the narrative here has developed so that we PIs are cornered, can't sell because most of us are in the red, can't buy more because most of us were already maxed out and positioned for a corporate event for the last two years.
I hope alongside everyone else, but we are objectively on the receiving side of a ton of s h i t
That’s a fair question and summation Italian… it’s becoming very obvious to me that many here are just in denial about where we find ourselves right now..
When I check the board, it seems to be the same voices, banging the same drum, about how we are all about to be saved by a bid any minute… trying to shore up each other’s confidence, as the share price continues to fall.. any critical analysis has gone out of the window, in favour of back slapping, it will all be ok one day soon, type of messages.. Clinging to hopes of a bid, to rescue the shares performance over the last 12 months is all many have left… and it seems only holders here can see a bid happening soon, as no financial institutions are piling in expecting one.
any solution Maxit can engineer, will be judged by them, against their recent 16p entry point.. almost certainly leaving many on here dissatisfied, when or even if, it happens.
This is not going higher than even 50p in my opinion… we will be lucky to see over 40.
Going to be a massive ut
9.7 million block included in the UT
Yeah 9.7m at 15.82 ??
Blackrock?
DBW - yes that was the block I saw after the close
Othern, you complain about people saying the same thing each day, the same accusation could be leveled at you. I really don't understand why you don't sell.
All looking good here eh? Even a bidding war now may get us 38p. Absolute farce. The BOD have the audacity to ask us to vote for everything after what they've given us this year.Just to line their own pockets?
Covgaz really you are sure that we are going to be bid for.
Remember I am the fool that says this is going to take time.
I am not quite sure you understand this share.
Does anyone understand this share? I have yet to see any evidence ??
Quady I don't believe anything here. And no I don't understand it probably. Where are the exit points , any idea? Without a hefty loss that is.
Covgaz- the situation is the same now as it has been for ages. One bid for the company and we’re screwed ; two or multiple bids and who knows where we end up ...75p is doable , maybe even more.
The present sp should not be taken as a guide ; it can double or treble in no time on serious news of interest .
Take a look at HARL to see what can happen with momentum , up 400% in 6 weeks . The likelihood of that happening here is good imo . A stitch up is also possible... but that’s the nature of investing in these stocks . Keep the faith, things are moving in our direction at last
UT 12.143 million..nice and chunky volume
Another 5.3m just printed Bogotá
That’s nearly 20m today …. Hmmm
Cheers BPHIL , hope you're right mate. A blue day would help the mood!:)
DBW - massive recent trading volumes supportive of the positive price action in due course. Ho Ho Ho
That’s a biggy DBW
Bnc
Addicknt
Ref ortherncopper - he/she has had nothing positive to say about SOLG whatsoever in all their posting history - theyre here for a reason - to spread doom n gloom and despair..........
There are others that are also doing exactly the same thing and have done since they started posting..............
Again they're here for this very reason - disingenuous spreading of fear and worry...............its deliberate for a reason.
r's
BN.c
BN.c what a prat. The total expert. Plugged into Solgold Towers no doubt , must have inside info. Normal people have concerns , the usual suspects here talk the daily nonsense.
Quady , you really are the only person here talking any sense , and more to the point , how it is.
Otherwise we just have hope and concern , mixed in with plenty of BS from the daily stalkers.
Evening Covgaz, the only way this can go is we get to production.
Because if that's not possible, then no one will bid for us, until we get heavily diluted in which case we get a cheap bid. With the change in the story we now own 100% of ENSA.
So the story has changed. We are now attractive and although no one will bid for us, we can form a partnership or JV if you prefer.
This I think is the way forward now.
So the situation has changed.
The question is will someone give us a takeout bid and stop the JV.
I don't think people on here are paying enough attention to the 0.6% royalty we just obtained for 50 million.
So can we get ourselves to a position where we can do it.
When we owned 85% of ENSA, we had to go it alone and get CGP to cough up their percentage.
We can now look to JV Alpala and once that happens, we get no bid. It's game over
Sure it takes a few years to reap the rewards, but all successful investors are patient.
Just concentrate on your other holdings and building revenue or growing your capital.
All the best.
No expert Cov and never purported to be either
It does feel like the winds of change are blowing through SLOG however.
I stand by what I said re ortherncopper / they have never had a good word ever re SLOG - theyre on this board to spread doubt and fear nothing else -
Dont get me wrong blatant ramp artists are the other extreme and equally unpleasant and just as dangerous if not more so............
Tos1936 is another one constantly posting negativity and hasnt had a good word to say re SLOG Mather or anything.
BM123UK seems to have been bullied by NM in his past as he's constantly sl-agg-ing him off and casting aspersions NM's way ............
But as for me - no expert - never will be - but also can see clear as day who the decent folk on here are and who arent........ The list imo aint a very long one!
bn.c
Evening Quady. Yes what you say makes good sense , the only problem with that scenario is where does the cash come from without major dilution? How are we gonna pay for the JV?
Is it more streaming deals? More shares issued , the AGM want another 1.6 billion . All I can see is dilution and insecurity , and a big gamble for a takeover. No takeover or offer? Then what's the sp imho ? 8p? Where is the exit Quady for me in at 26? So basically no offer we're all skint ? Til 2029 at least :))