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Gap,or no gap it's another tranche for mui.....
Could not resist to pay well under 11p.....
Will continue to do the same at this level base on
Available funds.....be brave etc. In mind.....
:)
If we keep dropping like a stone he'll be gone before the AGM. 23% down in a week is hardly a vote of confidence. The market has no confidence and this will continue to tank until we get clarity on what on earth the SR deliverables are.
Sub 16 now and I think that's the lowest RSI ever on SOLG. Last time SOLG hit this low on the RSI was Lehmans and the financial crisis in 2008/9.
Difference this time around is that it's been on minor volume. When we had the buyers involved around last year, we were seeing volume days nearer 10m to 12m. Now even down here in the sub teens we are seeing virtually no volume. I mean ... £100k value traded is nuts. Granted some lighter wedge trades might be the toe end of CFD's but the volume should be much higher at these levels. Like nearer 10m+ especially with 3bln in issue.
@addicknt, I think before we can answer with a yes/no, we should ask Scott and Bob for a clear and unambiguous statement about the current price freefall and the lack of clarity about the strategic review.
Even factoring in that there will be things they cannot disclose, if they are made to understand that we ask for that PRIOR TO THE AGM in order to decide whether or not to keep them of kick them out, then we can choose how to vote.
Personally, I buy what Scott says, +/- some, so my starting position would be a YES, however we can see what the effect is on the price so it's still not good enough by a large margin, and the more the price drops the more one needs to accept that the exit price might be a lot lower.
In essence, whatever the actions and relative timing to arrive at a viable resource, we still need much better communications.
Normally / surely a speeding ticket/ RNS will be issued in these circumstances! Brokers where are you...mgt where are you....stop the freeking rut !
No way to any of the board (in case you were wondering :)). Sorry maybe yes Maria she seems quite competent and nice.
Unless..... one hell of a serious update lands with concrete plans showing a clear path to the ACTUAL realisation of this so called shareholder value myth they continue to say ad infinitum. In other words, the results of the strategic review.
Voting against Scott but for anyone else - just to send a message that there's he cannot just keep banking his wage cheque for another year
Probably yes
But probably no on twigger
But did anyone else find it difficult to vote last year at the agm , H&l seemed to make it difficult compared to the year before with the begging letters from Solgold
Anyone else find this ?
If we make the assumption the company keeps an occasional eye on this site - I know Fawzi did - as it currently stands, how many of you will be voting for Scott's re-election? Yes or no.
Share price in free fall, Caldwell's response "i'll get back to you mid next year with a new study".
He needs to be stopped from doing any more of these what can only be described as trainwreck interviews, the board needs to step in.
Deary deary me, you are extremely deluded must be those family mental health problems you talk about.
Not sure who slug actually is on here but generally, as they have been banned many times, it is a relatively new ID.
Appreciate that doesn’t tally with your detective work but as you’ve been continually found out to lie about grades no one actually believes anything you post……
Aw thanks seanhunter lovely message I do watch Gaps and usually they do fill. Hoping it’s going to fill then go up. Gap next at 12.94p here is hoping. Have a lovely sunny day.
Lol clutching straws, none more so than you….
Are you too embarrassed to post on the other side after your embarrassing threats and boasts…..
Mather, I agree with your final point, but be in no doubt, China sees the West as an enemy to be defeated by economic means. Everything they represent is inimical to the supposed values we cherish.
We should not be banging a militaristic drum, but sadly they are. What happens to Taiwan and how the West reacts, is by far the greatest threat to our collective security. And the Philippines, a country I know well, is equally at risk. Never forget Sarajevo.
Thanks LindyLoo55, we shall see.
Haven't had a TA post on here for months and months - the TA crowd never have anything to say when the SP is falling and usually only appear AFTER we rise 3p or more in one day to tell us after the fact that we are going up. TA is nonsense of course, but who isn't happy to clutch at straws right now. Hope you are right.
Add,
Why would you say China is our enemy? They are responding to the markets and leaders who have put sanctions or limitations on them, the USA has been on certain countries backs since BRICS, this came about as these countries weren’t given a voice or a seat at the table so to speak.
The USA has always been to undermine countries if they are doing well or don’t toe the line, allowing USA to dominate markets and basically have Carte Blanche.
Through persistently hammering down these countries, you have to realise they will one day bite back, you are now seeing this happen, China has cancelled many major orders which is devastating USA and European countries, only because they put limitations on China or refused to deal in high end technology.
China has now got the technology to make their own chips, they are now working on 3nm chips, now that’s impressive, they are also getting ready to roll out 6g by the beginning of next year,
They are responding to being put down or undermined, this is why ASEAN countries are now coming together with the Chinese, sick of Western interference and attitudes.
No one has to be an enemy, if everyone receives a fair deal then we have peace, no one country has a right to rule the world, sometimes your enemy is supposedly your closest friend until it suits them not to be, anyway we shall see in some years to come
Atb
The question is... what's Scott going to offer BHP in exchange for their votes? Is the revised PFS in Q1 what they wanted? Lets face it... it follows their model (aka with OZ Minerals).
The Chinese have known all along they have 'competition' so not the most stupid thing to do cozy up to BHP again. At least that keeps everyone guessing.
Or is Scott going to chuck BHP some SOLG licence blocks under a JV deal? Who knows... but without their votes and quite a few pi votes, he'll be in same position as Mather was... and that's having to step down due to insufficient support among shareholders. To be blunt ... how can shareholders plan to vote on directors reappointment if we haven't had an outline on the plan forwards or a proper update?? So Scott has to deliver something pre AGM and fast as voting will open in 6 to 8 weeks or so I believe.
Hopefully onwards and upwards after the gap from March 2020 for 11.22p closes today. Have a lovely day all 🌞🌞 is shining
He stepped down because the voting went against him and he did not consider he had the confidence of the share holders
Mather, from recent suggestions it looks as if our relationship with the Chinese is better than it is with our original backers, so what you say makes a lot of sense. A whole year and yet SC admits things with BHP are still in need of repair. Let's hope he can do a better job with Newmont.
On a broader point, China is taking full advantage of the fact the West doesn't appear to know which way is up. America, a nation with many incredibly bright people, is run by morons - so too are virtually all western nations. Our leaders are utterly clueless and seem content to sit back and worry themselves about complete trivia. China is our enemy and it's time we stopped giving them free rein in their drive for economic colonialism. Our children and grandchildren will pay the price.
Does anyone know what happened to aquinaga or something like that.
I seem to remember solg trumpeting it on there website, telling us it had massive potential.
It was around the time the website told us they couldn't find a French translator.
Just a bit after they told us 12 majors were sniffing round.
I'm beginning to wonder if we can actually believe what we read.
With solg history of misleading investers, I'm beginning to think only a fool would take everything said at face value.
Adikt. Do you remember this from solg.
The PFS confirms the Cascabel project's world class, Tier 1 potential to be a large, low-cost, and long-life mining operation that is based on achievable, proven, and tested mining and processing assumptions.
Large low cost,.
That didn't prove to be to accurate, makes you wonder if solg were exaggerating a wee bit.
QED. You quite obviously don't understand the difference between those brokers who actually cover a stock and the computer generated tosh you think is proper analysis. In fact, do you actually understand what it means when a broker states it covers a stock?
I'll give you a clue. It means a real analyst spends time researching the company, meeting management, going on site visits and producing a document which provides full details of the business, trends in its market place and a view of the macro picture. It then offers an opinion of a price target and whether its a buy, sell or hold. It doesn't mean a computer programme that provides a record of price movements and an algorithm which purports to predict price trends for the future.
Adikt. just one last point for you to ponder.
why do you think you only see brokers on there who give solg the bigun. and nobody else, when clearly there are many brokers who are not so confident on solg future.
let me give you a clue, its the solg web site. its designed for people like you. unquestioning head in the sand, it will come good tomorrow, it must do, the solg web site said it would
This could be a good idea if feasible. One would like to think it has been discussed by management but who knows. For sure it would force ppl to the table if they felt the regional tenements were attractive as part of the package. Would it further detract from our SP or could it be the catalyst?