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Apology accepted
Sorry DBW, Redknight writes rubbish it's not carefully researched.
He believes the share price is manipulated, yet has no evidence, and what's worse doesn't even know how to check.
You have been taken in by him.
Shhhh, slug.
Copperpot,wax cryons and a chalk board usually does it
Bubble, when my Enigma machine arrives for Christmas I will reread your post and get back to you.
Charlatan copperpot?,off you go get ready to pick children up in your massive suv nothing happening here only Harl
Seems to be a bit of a witch hunt here today. Personally I find maintaining a dialect with the company useful even if you have to read between the lines . At least RK researches before he posts and is way more transparent about his buys and sells here than virtually any other poster.
Copperpot you say we should wait for RNS rather than constantly guessing. Great so should we shut down the board for weeks/months at a time? That’s the whole purpose of this bb?
You said we’re going to production with Solgold “holding the reins” …. If that’s not guesswork then you must know that for certain.
Not looking for a row as you bring plenty to the board ( though we have differing views on many things) …. Unlike some illiterate, rude half wits.
Hi Quady/rcgl2, I agree totally to both your posts. RK should be taken with a pinch of salt in my opinion. He's here to trade at whatever cost to other shareholders! Fortunately most of us are on to him, I genuinely feel sorry for any visitors to this board that are new to investing. I was onto him when he said that he'd sent a list of questions into the company, when I asked him what those questions were....he said he would let us know once he had received the answers back from the company. Charlatan that is out to feather his own nest on the back of others!
RK, if, as you say, you have filtered me, you probably won’t get this post, but in case you have held back on pressing that button, here goes.
My last post did not mention you by name, however you correctly assumed it was directed at you. It was meant to be a lighthearted critique of you recent posting history on here, but I agree, it was slightly barbed. If I’ve offended you, I apologise.
However, there is a serious message here. Please, for your own sake, and health, try to obsess slightly less on this share. It can’t be good for you. It’s a beautiful day. Go for a walk. If ever anyone needed to sell down part of their holding in one share, it’s you. I suspect you are in this well over your head, and are absolutely desperate for a profitable exit. You’re right, that may be just around the corner. But, as bitter experience here has taught us all, it could still be years away.
There are better was to spend your time (and money). You can’t take it with you.
Best wishes.
Last part of sentence should read, anyone who invests in stocks and shares has.
Good morning Copperpot and rcgl2, as I have pointed out numerous times.
Redknight talks rubbish, he gives the impression of being knowledgeable, but lacks basic information that anyone who invests in stocks and shares lacks.
DESPERATION OR WHAT?
Understood...so it could be one holder or a large number of holders, so it could still be used to disguise the identity of a holder...
"HKSCC Nominees Limited is the nominal holder of the Shares held by non-registered H Shareholders."
Red HKSCC nominees is the nominee company of the HK stock exchange's clearing company. It's basically the exchange.
BlackRock own shares in virtually every large company in the world. They aren't going to manipulate markets just so one company they happen to own 1% of can acquire a stake in another for pennies cheaper. Particularly when they hold shares in the target in their funds and therefore want the highest possible return for their investors.
RK, your not in a debate......your ranting (again)!
RK.........You need to consider other posters and stop all this bullshyt. You're doing yourself no favours!
And I don't need your waste of time posts that add nothing to the debate while others on here are trying to keep investors informed and interested while we wait for the first takeover bid...
ToS filtered...
And here's an interesting quote from the Greenland Institute report on mining in Greenland...
(It is also of interest to fellow holders of JAY on here)
"Greenland is thought to have excellent geological potential for sediment-hosted copper although to date there has been little exploration. China’s largest copper producer, Jiangxi Copper, is involved in ex- ploration in eastern Greenland in partnership with other investors from Jiangxi province and Nordic Mining, a British mining exploration company. Jiangxi Copper has aspirations to become one of the world’s largest integrated mining companies and is currently involved in a series of mergers and acquisitions in China aimed at becoming a major player in China’s rare earth industry. Jiangxi Copper appears eager to secure overseas assets to supply its smelting business with copper concentrates, and recently ac-
quired a stake in mining operations in Albania. If the group from Jiangxi makes a significant discovery they would have the capacity, through Jiangxi Copper, to develop a mine relatively quickly.'
It’s just another day in the Solgold journey, towards whatever the outcome may be. Shock horror, one is able to buy or sell shares on the London Stock Exchange. I don’t need twice hourly updates on this fact, nor do I need what is supposed to be an informative chat board clogged up with seventeen guesses each day on the intention of each significant shareholder.
Jiangxi is highly acquisitive and is building a portfolio of investments such as 20% in First Qunatum, which may well lead to a full blown bid...
Remember these companies have the full and unlimited backing of the Chinese government which is seeking to gain a stranglehold on strategic minerals and REMs...
"China’s copper producer Jiangxi Copper has signed an agreement to buy the entire equity interest in PIM Cupric Holdings (PCH), which owns a 17.6% stake in First Quantum Minerals , for $1.1bn.
Jiangxi Copper will acquire PCH from investment company Pangaea Investment Management (PIM).
The transaction is executed through Jiangxi Copper’s wholly-owned subsidiary Jiangxi Copper (Hong Kong) Investment Company (JCCHK)."
First Quantum Minerals is a Canadian-based mining and metals company whose principal activities include mineral exploration, development and mining. Its main product is copper, which accounts for 80% of revenues as of 2016...
FQM owns the Cobre Mine in Panama
Cobre Panama represents a total US$6.2 billion investment, partly financed by deposits in the amount of US$1'356 million from Franco-Nevada against future deliveries of gold and silver produced by the mine
At full current capacity, the plant will process 85Mtpa of ore to produce more than 300,000 tonnes of copper per year along with gold, silver and molybdenum.
Jiangxi now owns 18.3% of FQM....Blackrock owns 2.01%...
In Latin America, Jiangxi and Minmetals are developing the Galeno property in Peru's Cajamarca region, which includes four concessions containing copper ore, silver, gold and molybdenum, through Lumina Copper.
Mining company with Chinese capital, China Minmetals Corp (60%) and Jiangxi Copper Corp (40%)
China Minmetals Corporation is a Chinese metals and mineral trading company headquartered in Beijing. It is a state-owned corporation under direct supervision of the State-owned Assets Supervision and Administration Commission (SASAC). China Minmetals is engaged in the production and trading of metals and minerals, including copper, aluminum, tungsten, tin, antimony, lead, zinc, and nickel.
It is one of the largest metals and minerals trading companies in the world In the latest Fortune Top 500 Rankings, the company ranks at 120th with the 1st place in the metals industry.
Minmetals (MMG) is a wholly owned subsidiary of China Metals
Minmetals, parent of Hong Kong-listed Minmetals Resources Ltd (1208.HK) and Shanghai-listed Minmetals Development (600058.SS), is focusing its overseas expansion on Latin America and Africa to secure natural resources to supply a fast-growing Chinese economy.
In 2011 Minmetals (MMG) launched a $6.5 billion takeover bid for Equinox Minerals, a Canadian mining company. It was the largest unsolicited takeover attempt by a Chinese mining company to date.
https://www.proactiveinvestors.co.uk/companies/news/81676/anvil-mining-says-minmetals-takeover-offer-extended-21532.html
RK, there's far too many what if's , maybe's and could be's etc etc in your posts! Why don't you wait for concrete info in the form of a RNS rather than constantly guessing. For someone as experienced (your words) as yourself in the investing world you sure do let your imagine take control! Impatient I would say, although it could be interpreted as an agenda?
Skippo you don't have a say in outcome
For those who don't want to read all the grey matter, here is the key point:
"Compared with domestic counterparts, the acquisition mode is very similar to an overseas acquisition case by China Minmetals Group and Jiangxi Copper 2 years ago. Tongling Nonferrous Metals Group first set up a joint venture company with China Railway Construction Investment Company Limited and then acquired Corriente Resources through this JV."
The shares have been bought by Jiangxi Copper (Hong Kong) Investment Company Limited, almost certainly on behalf of Jiangxi Copper Company Limited (which is 48% owned by Jiangxi Copper Corporation (essentially the Chinese Government...)
Blackrock owns 1.9% of Jiangxi Copper Company Limited...
So its possible that Blackrock has been using its investments in SOLG to hold the SP down while Jiangxi acquires shares in the market...
Meanwhile, 39.91% of the shares in Jiangxi Copper Company are owned by HKSCC Nominees...I wonder who that might be...? What if it turned out to be BHP or another major...?