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Eloro doesnt own a single solgold share but the person clearly posts rubbish here all day. Why?
Come now Bozi, I have never denied posters the right to refute anything which I post. Unlike you and some other who not only refute, but goes on to label people as idiots, muppets, etc. Rude and condescending is what I get from you. The other thing I get from you, you aren't even British!
Don't hide behind your egos fellas. Back your pessimistic attempts day after day after day, on any matter you can possibly draw on, all whilst continuing to hold the shares.
At least know what you're talking about when you construct these arguments, and and be prepared for some of us to refute it. It's as simple as that.
BBG, the parrots would be the people who heed you. Mindlessly ramping here and on twitter without any evidence to support your £1.20 claim. I think you will have egg on your face come March 31st should the phased plan fails to turn up.
Quack quack
Come on now NAL old Buddy, the image of my living with Add and hitting the sack with him isn't a pretty one 😆
Other, the issue is, adikt can't accept that others can have an opinion other than his.
he feels this obsessive need to try to sway others views, he does this by putting words into others mouths
or inventing imaginary emails to prove his point.
he attempts to show his perceived superior knowledge, this in turn causes others to respond.
I would imagine to live with his controlling personality coupled with his obsessive lying makes him
the partner from hell.
Amen to that Orth 🙏
I’m better than you, no your not,
my nob is bigger than your nob,
Your mum is fatter than my mum,
You said this, I said that,
I’m cleverer than you, no your not,
Does this childish one up nonsense ever end?
It’s grown adults, arguing like 10 year olds, trying to one up total strangers online, as if it proves they are better and wins them points. I’m sure you wouldn’t engage in such pathetic arguments in real life… so why bother
BTW, I totally agree with Fort's commentary on the RS subject. Of course it would be interpreted as negative for commenting on the current ceo's failures regarding the SP:)
Add, 20th December 2023 I posted:
"I have seen where some companies listed on Nasdaq have carried out a 35 to 1 reverse split in order to get their share price back over $1 limit to avoid delisting. Pretty much in all cases where such reverse splits are carried out, PIs gets wiped out because the share price continues to decline afterwards. Could this happen here to get the SP back to 30p for example?"
That was a genuine question from me. Show how that was a negative question? You are right Add, it was Bozi who replied, not you. The echo chamber you two live in, its hard for me to distinguish between the 2 of you. Apologies for saying it was you who replied then.
So, imagine my surprise to see a poster on ceo.ca raising the point of an RS weeks after my question. I posted an excerpt here. Where was my negative spin? What words did I use yesterday when I posted that excerpt add the negative spin? Please enlighten me oh great one!
Bozi, clearly you are a stockmarket genius. I wouldn't be able to debate with you:)
Bozi, agreed.
Bogoff ….offer still running I see. Up late in Australia
Paranoid, sad, lonely galah. Needsanewmedication either the current one not being taken or needs changing. Perhaps a mirror isn’t a good idea for potty mouth galah. Who’d want to look at that all day?
There won't be one Add.
Unfortunately, Eloro can't tell the difference between companies that consolidate simply to increase the share price and reduce the shares in issue with ones that do it purely with the intention of printing new equity at every available opportunity.
Aquinaga. immediately to the defence of adikt, how sweet.
the dream team,
WALTER AND MITY.
I'm expecting an email to turn up from Irwin any minute now.
they come on cue. somebody getting the better of adikt in a squabble.up pops Irwin.
like buses..... aquinag and Irwin come together.
Eloro. Pot and kettle come to mind
“ arrogance, and self-righteous pomposity emanating from you”. Perhaps you need a mirror too!
Incidentally, have you found a comment from me on the consolidation issue? Because I can't see one.
What utter nonsense. You're getting as bad as your Aussie mate. Your posts are consistently negative and how you could deny that is beyond me. Let's not forget your Corporal Jones moment last week, which ranked right up there with just about the most stupid post of all time.
Anyway, carry on Corporal.
I will search back on my original post to refresh my memory on the discussion. I don't agree that I placed a negative spin on pasting a section of a post from another BB.
The arrogance, and self-righteous pomposity emanating from you Add by giving the impression that only your posts are acceptable, valid, and worthy. Any other opinion is negative if it doesn't chime with your world view. Sadly, I have to agree with NAL'S summary of your conduct here.
Eloro, fair enough, however, I don't think I did comment when you first posited the suggestion, although I'm happy to be corrected.
The point is that at the moment most of your posts tend to see something and then place a negative stance on it. However, in this instance, you'll note that I went on to say I agreed with your observation about a share consolidation.
Sorry rcgl2 got your name wrong. Fat fingers on small phone.
No Add, I didn't take what I read as gospel. Also, you have a bad memory because you also commented on the topic when I first mentioned it several weeks ago.
Secondly, please don't speak for me. I am old enough to speak for myself, heh.
Rchl2, several weeks ago I raised the question whether an RS could be done here because the SP is so low? I went on to point out that I have seen it done in the past and whenever it's been done, the shareholders always got wiped out. I think my concern then was valid because we now have North Americans in charge here. I was surprised to see that an RS was mentioned on ceo.ca after I had previously mentioned it here and thought it best to flag the topic here. But like NAL correctly pointed out folks always resort to denigrating others who aren't mindlessly ramping. Shame on you Add, you are normally so level headed. Alas, you are becoming another BBG.
The reality is, some funds or investment firms simply cannot touch SOLG shares even though they might want to because they are not allowed to buy penny stocks. Some have rules on market caps. Some have rules on regional issues and some have rules on governance etc etc. But majority of these firm tend to be blue chip focused only. They invest in commods through Glencore or Anglo or Rio etc. The idea of a reverse split is fine and majority of firms that do it are sub 1p.
SOLG doesn't need these firms to help with liquidity. As we saw with likes of Blackrock and Norges etc ... there is no real barrier to buying SOLG stock for most out there. A reverse split would open the door to other firms that trade only £+ stocks but it's not really worth doing.
What SOLG needs to do is bolster interest in the stock by actually having catalysts underway. That comes from exploration. And as we know... they are not doing exploration... they might be doing minor rock chip stuff... but no serious exploration. And they don't have the cash to do it anyway. The only event that will move the dial here and get the share price moving is one that demonstrates monetisation. It's long overdue now and the market is simply saying to Maxit and Scott... at 7p we think you can't deliver. If the price was 40p+... the market would be saying... well done Scott and Maxit... you've proven that there is a very good chance you'll bring this home. At 50p+ or 60p+ I suspect the market will be saying 'job done'.
Great find Add, and proves once again that most of our pain is driven by the macro.
Rcgl, he saw it on a Canadian chat board and read it as gospel. According to DBW, Maxit have denied it.
However, he's right to say it's a bad idea. I suspect that over the years most of us have seen companies do this and it's usually a sign of desperation and a vain attempt to demonstrate that a business isn't a bombed-out penny stock. In fact it ends up reducing liquidity and making the stock even less attractive to the retail investor. Fortunately, one sees far fewer of them these days as history has proven them to be nothing more than a futile exercise in window dressing.