George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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NMM nor BHP would allow 17p to succeed. There's no way they would vote that through.
Selling at sub 10p because you think the biz will be sold at 17p is over a 70% upside loss. What plonker would do that??
If the sp was 15p or 16p right now, then selling up ahead of a 17p offer might make sense to a few if they see excellent returns elsewhere.
But with the Israeli's seemingly intent on playing a game of I punch you...you punch me and we're even.... but I think I'll punch you again anyway because we like playing reckless games. Seriously... what is wrong with Israel? Just get on with peace talks with Gaza and stop putting the entire middle east (and globe) at risk you plonkers.
They must have put something in those jabs you all took!
He thinks it will double in price so he’s sold and famously there’s that clown on here who thinks it will go down so hasn’t sold!
🤡🌎
That's the gist of it 1984. He appeared to have lost all hope.
1984
It's hilarious.
Like Yazz and the plastic pop... Used to sing.
The only way is up!!
🤣🤣🤑🤑🤑🤑🤑
Let me get this right, he flogged at 9p because he thinks it’ll go at 17?
No Add, I have always admired your unbridled optimism😉
Some poster on the other channel sold his shares because he thinks we are going to be flogged for 17p!!! I am not sure where he got that price from. Sad to see long suffering PIs giving up because they've lost confidence in Scott.
Eloro, it's April 16th. There's a long way to go and much will happen between now and then, and let's hope the trend of good news continues.
I do hope that wasn't too arrogant for you?
Stack, I can't wait to read what excuses Add will put this time why we should vote for Scott at the 2024 agm which most weren't expecting 🤔 I got beaten up when I previously mentioned the 2024!!
I was always in for the long game.
Happy to sit on these shares , trade the dips and enjoy the ride.
Roll on 2024/ 25 & 26 😉
Looks like a good number of posters are waking up to the fact that solg isn't going to be sold in 2024 (finally, what took you?!). Hopefully they can prevent new readers/posters being hoodwinked by the ramping brigade here. Solg has some good drill results, and is on its way to getting some early permitting done, but it's a long way from the safe multibagger many on here claim.
Here's to a good 2025/26, as I've always said 👍
Red, you asked me what Solgold Management could have done to defend Solgold's Share Price, and I am referring particularly when the sp was at the 20p mark and there was optimism in the air. Then things went rapidly downward and we looked absolutely mothballed, not good for an exploration company. Particularly, a company with wonderful set of tenements and proven Geologists. Things were obviously more complicated than that and there were many other problems, I grant SC and the board that. But, the potential was there to find a second Tier 1 8Km down the road and still is!
A CEO's ability to defend their company's stock price is determined by a company's future prospects of increased shareholder value, market share, and future return on investment.
A remarkable tactic of CEOs would be having a strong investor relations program so that they can tell people what they are doing with the money in order to increase the company's future profitability as an exploration company. This will ultimately lead to an increase in sales on top of an already-existing growing base.
As summarized by Dunn on his website "CEOs act as unofficial stewards for shareholders." They must keep investors happy while still maintaining long-term viability or reliability of the business. Investors must feel confident enough about their investments that they do not sell off any shares, while making sure that current shareholders don't sell either.
The question is: Why did some major investors decide to pack up and sell, particularly as we have a proven Tier One Copper, Gold and Silver Mine with the possibility of long mine life, huge proven gold reserve and a quick pay back period to build an environmentally friendly underground block cave mine?
Just some food for thought.
Adikt.
I"m a bit confused mate.
If you have me on filter, as you claim on a regular basis,
How come you read my accurate post.
So just for clarification, going foreward.
Am I, or am I not on filter now. If not.
can I now assume, as your now saying there was no insider dealing, that you've changed your view, and your now saying, there is no deal going on in the background.
Gets confusing doesn't it.
Paddy,
Noboa is doing his best to strengthen Ecuador and prevent criminals from taking over, by doing this referendum on Sunday, if it passes, this will be a big confident booster to the new mine owners and new businesses moving into Ecuador.
https://www.voanews.com/a/ecuador-sets-april-21-referendum-on-tightening-security/7487863.html
Atb
And I hope he’s got his bullet proof vest on at all times
With Noboa presumably looking to be re elected in less than a year I’m hoping he’s on Caldwell’s case telling him to get his axxx in gear and get the development he promised the people underway.
Those whinging about the size of Scott’s purchase might also want to consider just how thin trading is on the TSX. It might not always be possible to buy larger blocks
We may see more buys yet
Add,
No, you are wrong. Ignore all the time and it will go, you responding makes it a winner in its eyes.
Surely your old and wise enough to see that, oh imo of course
Atb
Mather, wrong. I've been ignoring the idiot, but when he posts something so outrageously stupid it merits a response. Of course, he's now scuttled off and is unlikely to accept he's just made a gigantic t1t of himself... again.
Add,
You wrote reply ing to Needy ( I can say without equivocation you are the most stupid individual I've ever encountered on any financial bb.) who is? Who keeps replying to it, he’s baiting you and you bite every time, wake up ffs
Atb
It was a comment that shows many peoples lofty valuations here are simply way off the mark.....
They are based on hopeful, ideal scenario valuations, Valuations people dream of happening...... not reality valuations..
The Solgold story has soured over the last couple of years... the markets have lost all belief our management are capable of delivering.... they will have to take whatever they can get. Bob is not looking very fast and smart any more.
Can someone put drakes dummy back in
Fort, I agree with you about the 23p and said so at the time. It was a naive comment.
Addicknt,
equally you could say why the xxck would the CFO buy 100k of shares when 2 days later he gets 3m options to buy them at virtually the same price but risk free... ?
It's almost as if he thought... I'll buy some in open market and show that I am confident and have skin in game and that will soften the blow on me getting 3million options at 10.3p which is the lowest price for donkeys years any management staff has ever been awarded.
As for Scott, just exactly what is he on?? One moment he's saying he'd take 23p a share in a major guff. Next moment he's saying he'd love to buy some more stock but can't because in a closed period. And then closed period lifted and he fills his boots with £5k for xxcks sake??
Why bother?? It's as if he thought I'll have to stay true to my word... but I really don't want to buy them. I'll do £5k. Show investors that I'm ultra bullish lol!
Seriously when you take his 23p comment and combine that with the £5k outlay... I'd say he's sending a firm message that he has zero faith in Bob or himself getting this anywhetre close to fair value.
It's an absolute comedy watching these guys flounder about.
Just how thick are you? Read my posts on the matter you moron. You'll see that I'm the one saying there is no insider trading and have stated the reasons why there isn't.
And yes, in certain circumstances you can get Stock Exchange approval for what otherwise may be described as insider trading.
I can say without equivocation you are the most stupid individual I've ever encountered on any financial bb.
Adikt, ffs, nobody is insider trading.
What don't you get. There are no buyers on the horizon. None, zilch, zero.
They would not be trading shares if there was.
And as for your ridiculous claim they got permission. Who would go through all that rigmarole to spend the kids pocket money.
You really are beginning to look, not silly.
Stupid.
Give us all a break, grow up, look at solg like an adult.
Not an over leveraged child