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His speculation is in response to his ego, his ramping/de-ramping depending on his current position or just the BS he continually posts about how successful he is at every company who has employed him……
What an egotistical plonker……..
I think of all 3 departures JW will be most missed.
CFO's come and go at a whim.
My CFO lasted 6 weeks- could not get on with the boss.
I can see this being the probable reason for her going.
Lets just move on and get this mess sorted out.
No doubt Dc is under pressure and will he be next to go?
This I doubt but the man has to get a grip on the situation.
Its not as RK says a shipwreck.
I appreciate RK's posts -always insightful but at days end you have to believe in why we are here.
We are so close to major news Jv/bid and still have 23m in the kitty.
I am going nowhere except to the filter button so I don't have to read massisveray's sarcastic bull...t
This will all come good in the end.
RN...trust me...she did not resign...and thats not an opinion...
As Redknight is not reading my posts, this is not for him.
Of course he hasn't got me filtered. He pretends he has, so he doesn't have to answer my posts, because he cannot.
He claims that he is absolutely correct in his assertions, but won't tell you what they are.
So when this plays out, he can claim he was correct all along.
Strange thing is he filtered me when he started to agree with me, even addicknt pointed that out at the time, as like addicknt he claimed we would not get the finance to go it alone. He's really not so sure of that now. In fact he's not sure of anything.
So Redknight should either say why he's absolutely correct, or keep quiet.
But the absolute worst thing he can do is say he's absolutely correct, say nothing, and later on whatever transpires say he was correct all along.
Wait a minute that is exactly what he has done.
Could end up blue on the day and be a catalyst for a recovery in the SP over the coming weeks, market has not taken it too negatively just early knee jerk PI selling. Obviously things starting to move more quickly in the background now...fingers crossed...
Red she must have resigned…. Ask Q ….. the company said it so it must be true !!
I don't need to reply to Redknights rant, the contradictions are there for all to see.
? “ SolGold announces that Ayten Saridas, Group Chief Financial Officer ("CFO"), has resigned effective immediately. The Company has appointed Keith Pollocks as Interim CFO until a permanent replacement is appointed”.
I would like to believe that we are at the end of the beginning. Both strategic outcomes (BHP) & solgolds are achievable. BHP gain potential control of a vast region, solgold get their name as a miner in a partnership. A few more pieces need to get moved around the chessboard before the “handshake”. For us PIs though, it’s still fraught with danger & we need too ensure no tactical missteps. Or just press the red button and be done with.
RN she didn't resign...
Morning Lunch.
So, on the flip side of your points.................
- New President of Ecuador Subsidiaries: Steve Botts (joined Aug 1st & Ecuador based )
- New Vice President of Projects: Bernie Loyer (joined 1st August & Ecuador based)
- We have magically produced a top rate interim CFO: Keith Pollocks (started today)
- Nicholas Mather statement 2 weeks ago: 'expect corporate action!'
- From our CEO a week or so ago: 'we are in NEGOTIATIONS with SEVERAL majors' regarding regional JV's
The futures Bright Solgers - cheer up & enjoy the sunshine.
Quady...it was suggested that I unblock you to read that post.
So I will post just this reply and then filter you again.
I have had a blissful year or more of peace through not reading your rude, arrogant, inconsistent posts. So here goes and then its sayonara for good because you are blissfully unaware of how much you don't know and how wrong you are.
Feel free to post for other people's benefit but I won't be there...
1 Unlike you, I read, research and flex my opinions as appropriate to changing circumstances, which is why I have sold stock today...right now SOLG is a car crash...and believe me I DO know why...
I have NEVER said SOLG can't raise the money to build Alpala. Why? Because I had total confidence in Ingo who told me 18 months ago he had it lined up in principle
I have NEVER thought SOLG would get Alpala to construction.
I HAVE increasingly this year said a bid is inevitable and recently have predicted it by the end of December because even more so after today this Board won't survive the AGM...utter incompetence...they had to b e dragged screaming by Cornerstone! into 21st century corporate governance that I put into a plc 16 years ago!
I have previously said that to survive long enough to take Alpala to production the smart thing to do was to JV it with BHP but that was some time ago. There's no chance now.
Finally, you are certainly not most people Quady. You are a total one off and I am always happy to read other peoples opinions of you without having to read your daily drivel...after you PROMISED never to pst again...and here you are...
Goodbye my deluded friend...
It’s difficult to fathom why after a selection process (both parties establishing their respective “fit”) & the short tenure to the “failed placing”, that blame could be apportioned to the new CFO. It (the placing”) would have been in the pipeline. A new strategy (not disclosed at time of appointment) with dynamic repercussions on your future role though may influence your decision to resign.
Ha Add
My favourite was
If you’re not a socialist at 20 you don’t have a heart, if you’re a socialist at 40 you don’t have a brain … or something along those lines
Down half a penny on supposedly terrible news, a big mess or simply part of a process…. I guess we’ll know soon enough 4 months til AGM
I can't think why, but Churchill's comment about the Labour Party keeps coming to mind: "They are not fit to run a whelk stall".
Oh gosh red not AGAIN!
So Redknight can't comment further but his speculation is absolutely correct.
What speculation is that.
Is it the one that says Solgold cannot raise the money to construct Alpala.
Is it Solgold can raise the money to construct Alpala.
Is it we are going to production.
Is it we are going to receive a bid.
Is it we are going to JV.
Is it we are not going to JV.
The point is Redknight you have held all these positions and more.
So which position are you absolutely correct about and not saying anything further.
You may fool most people on here, but I am not most people.
Sold 200k...
Todays action may well stimulate a bid but I believe it definitely points to a cash raise...
So hedging my bets and leaving firepower for an equity raise...
Me 400k; Mrs 200k...stick for now...
Morning Red.
A sale by December does not mean 'he's looking after his own interests' - but all our interests (except Quads).
The business is going from explorer to miner (under the eventual ownership of a 3rd party) and yes, there needs to be a big change in personnel and yes, feathers will get ruffled.
From where I am standing all is looking fine & dandy.
Frankly that would not surprise me. Hes not looking after our interests hes looking after his own but that means a sale by December...
Red, if you suspect that there has been some disagreement between CEO and CFO, I wonder if Nick was behind Darryl's thinking? Seems strange to lose two key finance people in quick succession.
a car crash! even .35 would be welcome then.
I cannot comment further but my speculation is absolutely correct.
More when I can..
SOLG is a car crash and now would be the time for BHP or anyone to bud...
you only hurt each other low volume bought and sold none of you have a clue what is going on just good imaginations get a grip .
BBG: Perhaps we have some litigation to look forward to, from the departed CFO, on top of everything else.
I would be interested to know what, if any, share options she was able to negotiate.