Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Red throwing shade at the validity of someone else's holdings.
That's it. That's the whole joke.
Morning RK. Thought you would like to know that I am firmly bid for 400k.......
FTJNY...he insists he has 200,000 shares...
Lifes been peaceful since I filtered him...
I think it will be bumpy for a while longer than that (IMO) but I think we'll all do well to hold. Good luck!
"should only follow his/her instinct based on own research, your money, your choice, to win or lose, perferbly to win of course"
Best post today...
Stackhigh,
No problemo my friend.
I expect a bumpy ride here in the coming weeks, but happy to wait this out to a more rewarding conclusion.
Anywhere and anything that involves with money is fested with interesant/cons or simply agenda parties.....
Builtin boards are there to share information and views, but any individual punter/investor should only follow his/her instinct based on own research, your money, your choice, to win or lose, perferbly to win of course.
Hi FT
I don't understand your bit about telling tales?
And I think I've mentioned before (though would hope nobody really cares) that I have a modest investment of around 200k shares here, which I'm happy to sit on.
Fort, agree. I think they want to sell cascabel and retain (one way or another) our current exposure to any upside in the rest of the portfolio. Hence the debate the other day about the spin out or regionals. It would be a crying shame to sell the whole company only based on Cascabel and the acquiror gets all the rest for virtually nothing.
Ecuador is seen as a new mining frontier. Solg with it's large package of licences across the country is seen by some as a good entry point into the Ecuador mining play... Not just as Cascabel.
Your the only hustler round here Stack! Plain as day what your agenda is! Funny that my previous post which you took a dislike to had 10 recommends before you went telling tales to teacher! One of those people in life who likes to dish it out but can’t stand the heat if the kitchen gets a little hot! Oh dear oh dear what a sad and bitter person you must be to spend sooooo much time on here posting about a company which you clearly aren’t invested in! Who the h£ll does that? I’ll leave everyone to draw their own conclusions but it doesn’t paint you in a favourable light and undermines any credibility in your posts which others need to take with a pinch of salt! Kind of makes everything you say irrelevant much like you!
Spot on Sharket
Message loud and clear
Absolutely people should vote for the current BoD if that's what they think is best for the company. No arguments there.
Hi Josepi
Didn't actually mean you: I don't believe red has been successful in convincing anyone (most investors are capable of their own research and wouldn't trust a backwater message board). But I think this role helps explain some of his repetitive posts. He's determined, if ineffectual.
But they aren't unsubstantiated. From the recent DGR release:
"There is a strong risk that the removal of any of the current
Board members and or blocking of SolGold’s standard UK corporate financing
resolutions would limit SolGold’s financing flexibility. There is a risk that this may lead
to a creeping takeover rather than a bid by which all shareholders would benefit."
The message here is vote for all the directors and resolutions at the AGM so that the way can be paved for a takeover. I am not sure on this last point, but I did wonder whether the BoD wanted the right to issue more stock so that they can print X number of shares to get a takeover across the line?
Keep my name out of your mouth mathers I'm invested...
The message is loud and clear... as per DGR release and Sangha's comments. All seem pretty aligned to me.
It's all about 'exploration' and not about 'development'.
SOLG may well end going lock stock and barrel, but I think the goal here is already being messaged to shareholders... eg... we want to try and rinse and repeat the success of the Alpala exploration. So expect exploration to continue across folio while ENSA is sold off. How that happens is 'details' and we'll know in good time. But I get the feeling the main goal from the SR is NOT to sell the entire business. But to sell ENSA and retain the bulk of the exploration folio. I agree with this to some extent as the latter will likely go to the buyer for free and there's huge value (potentially) in those 50 to 60 odd licences which are rare in Ecuador and some in non tree-hugger areas. But I think we'll see a slimmed down exploration folio in future.
Note... 'generate shareholder value'... through the licence blocks that have significant potential. So not all 60 licences... but a select few. So again, I'm guessing here but the likelihood of relinquishing some blocks is inevitable so that will come or they will be shoe-d into the ENSA sale. So definitely some 'subsidiary' chess to be played post merger.
Scott Caldwell, Interim CEO of SolGold, commented:
"....accelerate exploration opportunities that hold the most significant potential to generate shareholder value." END.
stackhigh,
Im not influenced by any posters here....
I've been in and out of here since the 2p days....This is the best share I have invested in over the years by a country mile.
good luck
Totally ignore SH, has very similar posts as MR would post when first on here.
Anyway I take comfort in now having two take off agreements which naturally mean they believe in Solgolds future, one way or the other it’s a positive
Atb
Guessing this is me. Turn that argument round to the original reason I posted- bold and unsubstantiated claims about an imminent bid are potentially disruptive to any new potential investor's strategy.
And I don't know why the share price gets a mention. Yes, it alters our ability to raise finance, but what has the share price got to do with any dose of realism posted on this board? For the umpteenth time: people posting here do not change the share price!!
I've got it! There was a tv comedy/drama in the UK a few years back called 'Hustle', where a team of con artists tried to defraud people. They had a 'roper' who made bold claims about a potential investment to lure in the mark, but then they always needed a 'convincer'- another person in on the con to invest and lend it legitimacy. I think red might be trying to be the convincer? That would explain the claims of frequent investments, and the repeated highlighting of other people buying. It's transparent, and desperate, but explains a lot.
It may pop before christmas it may not.......
This company is worth more than 18.5p ! The shenanigans with the Majors will be resolved eventually.
Will sit back now and watch this unfold.
I'v just filtered the most obvious paid disrupter on this forum. His negativity is totally false and presence on this forum quite recent.
Posters must realise the damage such posting impacts the sp and some new to investing get caught up with it.
The sp has a direct impact on the Company's ability to raise capital and when dealing with an investment opportunity like solg is criminal.
Of course this sort of interference has been part of the world of investment dealings for ever but that does not make it right, such misinformation leads to undervaluation and robs real investors of the true value of their holdings.
Well done! I hope you get a quick double bubble...or much much more...
Yes Redknight.
106,959
I think the uncertainty over how the AGM is going to play out is what is holding us back at the moment. Given the comms from the company and DGR, it's going to be a very close run thing.
This is why I find it very difficult to square sjn and his friends voting against the re-election of Mather, Twigger and Clare, as if we (i.e. PIs, CGP, Mather, Berry St) etc. lose control of the boardroom, I think there is a real risk of this tanking. Conversely, if they've got the numbers, remain in post and pass the other funding related resolutions, I think we rally, strongly.