Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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"It's SOLG share price at it 'again'. It can't seem to hold onto levels above 26p for very long at all. Probably because the main holders are retail or Majors or insiders... but very few II's involved here."
See that's what I'm getting at. What you have to say is incoherent.
You obviously subscribe to the trumpian theory of truth. I always think you should tell the truth.
So was it peanuts or 26p? Or are you going to lie more and say it was both? Or maybe deflect by saying something else?
Ice - where have I lied? @ 26p, I'm sure as hell not leaving now am I? With Franco round the corner.
Half a million shares when they were 26p. Problem?
Sorry I must have blinked when they went blue.......
Calm down now. Don't get flustered. Try and respond (if you must) in a civilised manner.....like they do on GGP :)
"I'm averaging out at 26p currently."
"I have a small holding of half a million. which cost me peanuts many many moons ago.."
Your a compulsive liar zzzzzz and an idiot.
Your comment about being in a share for years is bizarre. Maybe you should be working for black Rock etc and redefine the strategy of almost every serious fund on the planet.
If your so desperate to be out you should have sold at 30p,
Get your liars sorted and then maybe you can have bit of respect.
Btw this is a public forum, they even allow you to post your drivel so I can if I want respond to you..
Oh look we've gone blue :)
You're a liar Z with regards to your comments about this stock wearing you down....
you clearly haven't been as you would have taken the opportunity to sell up over the last 3 years with many profitable exit points from 40p...
Unless you purchased on the spike, which nobody likes to see : P
Copperpot- if one followed your advice from the start, they maybe would have 'popped' in every other year or so and subsequently found that SOLG have done exactly the square root of f^"k all!
Iceberg - I hold half a mill shares. I would suggest the overwhelming majority of PI's here want in and out ASAP.
Shares is gambling, nothing more, nothing less. Gamblers don't sit at the casino table for years on end waiting for that magic 'hand' to be dealt.
I'm in until the Franco deal is wrapped up. Better still, I hope and pray (you like praying) this lame duck get's bought out for anything over 50p and you can colour me 'gone'.
Don't respond.
Couldn't agree more copperpot.
If it wears you down then sell. Truth is some of these people arnt even holders no matter how much they protest.
I have no problem with a sensible discussion even from somebody who thinks it's oversold. But they arnt interested in a sensible discussion it's all baseless fluff.
We've done a quarter of a billion dollars of exploration and more drilling than any company who's not a major. This is one of the world's largest copper gold projects and folks are complaining that it takes awhile..
If you want a fairy tale of billions being paid for something because it's being pumped then solg isn't for you.
You can either buy in with newcrest, top funds,bhp, Franco etc. Or not.
You can choose to trade the share of not. But stop being manipulative a holes your not fooling anybody.
Zoros said " it wears one down"
Well it doesn't wear me down. If you sit here day in day out waiting for something to happen, then maybe you will get wore down. The secret is......not to sit here all day. Go out and enjoy life while you still can.
GLA
Rhymes with rowlocks.
Colonel ****** at it again.
How long pray tell does it take from discovery to first metals for a world class tier 1?
Colonel - it wears one down.....Cascabels been running since early 2013....7 years. And in that time the SP has been up and down like a *****'s drawers! Started @ 3p then down to 1p at its lowest and the highest was 45p.
Personally, for me, the biggest delay has been, without question..the following in this order:
Ecuadorian bureaucracy - deliberations over mining rights.
Ecuadorian politics - rioting over governmental changes.
NM fending off any JV approaches or hostile takeovers(citi).
NM taking this to production all on his lonesome.
2014, 2015, 2016, 2017, 2018, 2019........
And now we have the latest 'batch' of delays:
Covid physical - (why they can't get ONE Franco rep onto site to seal the deal - confuses me).
Covid economy - Ecuador begging the IMF for money to stay afloat).
General Election (firming up mining referendums!). Feb 2021.
2020...2021...2022...2023...2024...2025...
12 years will have passed before an ounce of gold sees daylight and the stock rockets....
12 sodding years!
NM will be in a care home before he sees any of it.....
Congratulations RS, never be afraid to take a profit.
Congrats
Colonel: Rocksolid has just crystallised over £110,000 profit...and you query him losing £750.
Gotta laff.
In the interest of clarity and to avoid the speculative musings that this sale has been connected to Cornerstone and or others.
I'm getting nearer and nearer to retirement, so thought long and hard about this as been invested here since 1p times.
Normally optimistic with Solgold, but currently am seeing better opportunities elsewhere. I will be back.
Good luck all, whatever your personal strategy.
Trade date Settle date Reference Description Unit cost
(pence) Quantity Value
(£) Actions
03/06/2020 05/06/2020 S653650252 Solgold Plc Ord GBP0.01
500000 @ 23.1338 23.1338 500,000 115,656.05