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I am offended......
Maybe one Xmas RK but v much doubt it's this Xmas
BN.c
Redknight - DBW will be along shortly to ask where you want his cheque posting to...
I've no problem with DBW by the way. We're both emboldened in our arguments and whilst we agree on some points we're not completely on the same hymnsheet.
I do however think it's a bit remiss to single him out because you agree with him the most - in fact it's an insular way of thinking. There are more contributors to this board that are deserving of your praise. In no specific order
Addicknt
RCGL2
Sharketmare
LunchMoney
and even the rogue that is Fortissimo.
Good Sunday to all. Keep smiling.
rate not rare
There are people on here who want to help (most of) their fellow posters to finally get the rewards of which they've dreamed for so long.
DBW is one of those and, from what I read, also one of the most respected...
So unless you would rather wait 7/10 years for your ultimate rewards, earning nothing in between and, unless trading at the margin to reduce your average cost, watching the SP yoyo up and down (mainly down) unless BHP puts you out of your misery at a miserly price, having throttled the life out of Solgold...
Why not mark what he is consistently saying...
And the main reason why I am doing just that is because he posts relevant articles and cites people who should know what they are talking about...
So I pursue and verify his stated sources and come to the same blindingly obvious conclusion...
And if you do too, at the very least you will hold what you've got, if not adding on setbacks....
Because when Nick Mathet states at Noosa that Solgold will be sold...
When Warren Irwin states that a takeover will happen and we're already at 2.9 out of 3.0...
And when Bob Sangha, a renowned expert on M&A, advisor to Both companies and key advisor on the Wyloo takeover of Noront, is so massively and crudely bullish on Solgold, we should sit up and take note.
A takeover IS going to happen...its only a matter of time...and for many of us who have waited patiently on here, it could be life changing...
So why listen to those who say it's not going to happen and they would rather wait further paiingul years for an illusion.
Finally, someone who I rare as an expert on Solgold is buying...right now..
Have a good weekend all and dream of the best Christmas present of all time...
Everyone knows you're still in the UK novice...
Keep dreaming lad.
Sorry monte I forgot you can’t email or text from whistler and why is it only for “cheapos” when I’m retired ! Your reply proves my point exactly… speak again Wednesday buddy and don’t take things so personally
Now why would I engage with a troll, when I've told everyone else not too?
Goodnight!
Also, have you been skiing in Whistler, Monte? Prefer it to Gstaad, personally, but Switzerland has its charm. Where's your favourite? Do you tend to choose to go when it's most expensive in your local area?
'Stamping out'?! Can you hear yourself?
Someone who disagrees with you is not, by default, a troll. Someone who you struggle to argue down is not a troll. Trolls live under bridges. I just seem to live rent-free in your head? Calm down, Monte. Maybe get some exercise or something. :)
Says the guy who posts on here while supposedly on holiday. That you could not make up.
By the way, only the real cheapo's would go skiing in the first week in Dec. Are you skiing on rocks haha
Where are you skiing, novice? Tell me it's not Aspen?!?!
It's not a spelling contest, it's about stamping out the filthy trolls!
Oooohh just having some lunch and low and behold some posters who seemingly are old enough to know better are arguing like juveniles with completely anonymous posters on a Saturday night instead of enjoying life :)) ah well back to the ski lifts after lunch speak on Wednesday
Leave the board for the rampers? You'd love that, wouldn't you? The chance to ramp completely without resistance. Nice try, I guess I should say?!
I mean, I'm guessing at your previous point. The spelling and grammar required proper deciphering, but it's childish to use that to question the legitimacy of your... 'arguement'?!
Go to bed, Monte- you're outclassed on this board by other rampers who at least engage in 'discourse'.
Everyone is duty bound to call out this troll menace
Typo
Here to help others
Oh that old chestnut you are help to help others ( strangers on BB's) the desrupers go to answer.
Maybe you don't want to hear from me because I called you out so easily.
Can't believe others are so easily fooled.
Im going to emphasis my point, to all who say,nothing to see here.
If you all believe this is still a long term investment and either nothing is gping to happen for a long time or indeed solg are going to production, come back in 5 years time and enjoy your investment.
Leave this board for others, ie those who believe something is strring, to discuss it in peace.
Still wrong, Monte: sorry.
I said why I was here the first time I addressed the posters selling an 'imminent bid' as fact. I doubt you'll remember what I said, and I don't expect you to look back, so maybe just ignore me, and stop posting? I have no interest in your posts, so you can reciprocate in kind. Best wishes.
Stack
Believe in what you preece.
Why hang around on this forum if nothing is going to happen until late next year.
It makes no sense.
Unless you have an ulterior motive that is. Now there's a thought!
Echo.... Echo... Echo....
:)
Get the merger over the line Bubble
JV not happening
Should know very soon fortissimo about sale
JV's are often great for Super majors but not for juniors. You are dealing with a Tier 1 world class mine which involved complicated deep block cave development. A super major would want to fast track the payback period and as such boost the DFS, likely double SOLG's projection. So if you JV 75%, you are left with 25% of a potential $5bln Capex plus any overruns. You have no way of financing it apart from debt and any delays will see the end of you. That's SXX territory.
Smart investors here understand that plan A (take it to production bluff) was required to extract plan B (asset sale) as it strengthens your negotiation position. But BHP didn't fall for it and SOLG failed to provide evidence that they could indeed finance it. So that game is over (although I gather some numbskulls on here still think it's going to production) and now it's time to prove the 'cab off the rank' strategy works. To do this... you have to sell the cab. Then the when you strike on Rio or another target in the future and hit some nice holes like Alpala, the market knows your strategy... it's proven profitability and it prices you with less 'orphan phase' discount and more at a premium pre asset sale.
The rinse and react or cab off the rank strategy is great but takes time, however, considering CGP and others were looking to sell Alpala 3 years ago when we had less than 2bln shares in issue, 45p then may well be better than 60p today.
"Fast and smart"... explore... define... derisk and then SELL!! SOLG can do this 5 times over during the next 12 years+ if the licence blocks really are full of PM's. You could get $1.5bln+ per one.
But first... lets get the first one sold off without any liabilities like funding 25% minority rates on a projects we have no control on the Capex.
Addicknt - your 9:43 post makes an excellent point that retail investors always forget.
A JV can mitigate short term financing risk but usually it is not the value creator that many like to think.
Undoubtedly it helped GGP for example because it allowed them sustain the Havieron discovery euphoria for longer than they would have done if they were raising their own funds.
But Cascabel is out of the discovery phase. That euphoria died down about 3 years ago. A JV now makes SOLG cash rich but it won't bring investors back given current market conditions unless SolGold went and made another significant discovery on a regional licence.
Then SOLG is trying to spread itself across funding it's share of Cascabel and the rest of it's portfolio.
What would happen if SOLG announced a JV next week? I suspect the SP would gap up and be sold off quite harshly, a bit like the merger announcement was.
The biggest value creator short term is a sale and long term it's a regional spin-off.