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We can all watch along and laugh as they spout the usual....
SOLGOLD IS AN EMERGING COPPER GOLD MAJOR.
SolGold is the largest concession holder in Ecuador,
First mover advantage in Ecuador & strong government relations,
Endorsed by major miners and institutions,
Im pretty sure they wont be showing our 'Rapid development timetable' this time.
Weird trading here of late...
3 x 510k buy trades and SP drops lol
SolGold are due to speak at the RedCloud event in Toronto on 2/3 March.
Two short weeks away.
Well I just thought 600k traded in lumpy trades in 14 minutes was quite significant...ho hum...
Not exactly significant, are they RK? You keep more shares than that in your back pocket.
4 x 50,000 and 4 x 100,000 between 14.01 and 14.15...
Which trades, RK?
The really exciting ones are the two 1 trades posted today. As we all know, this means we're guaranteed at least two announcements tomorrow!
Meanwhile...look at those trades...what do they know that we don't...?
I'm not guessing...this is being set up for a takeover...you don't need a roadmap for that..everything else has been shut down...
Given that the "current board of directors and management" are doing the review, how is that going to happen...?
DM, the problem is as soon as you have to get regulatory bodies involved in anything timetables can fly out of the window.
I agree with your final point.
Btw, I'm making an assumption about this being the cause of the delay based upon the fact it was a condition and, as yet, I've not seen anything from CGP saying it's been satisfied. Of course, there may be other reasons, but this one is explicable.
the MD&A will be late
DM, the other day I referred to the condition which may be delaying matters in Canada - the one relating to minority interests which, as far as I can see, has not yet been satisfied. Although given that over 99% of their shareholders approved the deal, I can't see what the problem is. However, as it stands, the deal has not completed and we are in the hands of a third party - hence no prospectus.
Ortherncopper
Who exactly is s'getting concerned'? Who's silent? Yes they are 2 weeks over the end of Jan dat that they said 'around that time' but seriously.... the rest is just conjecture and baseless. SOLG are not silent. But moreover my view would be that they need ducks in order before they can announce a series of news releases. So if the red tape / prospectus / court approval process is taking longer than expected sobeit... but the rest of the business news is likely on hold until that first domino is completed.
As for SOLG going silent... there's not much they can do or say until merger dusted.
I can understand some pi's getting frustrated but 2 weeks or even a month in delays on merger deals is not rare by any means. Chill.
patience required
Solg have never fallen silent due to good news.. that is why people are starting to get concerned.. that's all it is.. and I understand...
The longer it takes to make any merger announcement, the bigger the behind the scenes issues probably are.
As far as I can make out Monte that is the plan. Current management do not want to have anything with Cascabel and get shot of it to the highest bidder..or indeed any bidder lol
JG, because they're in the middle of producing something of great significance and they're not ready to release details yet.
Most - we issue shares in desperation at 16p and zero when share price was 30p plus last year - what is the deadline for the SR? Are we exploring - no one has any idea - when reading this board everyone seems to be guessing what's next as opposed to a road map - why is everyone having to guess ?
Monte, so, Caldwell has been in situ almost exactly three months and you're writing him off? This isn't the Premiere League.
For the first time in a long time, I find myself defending the board and would suggest everyone needs to exercise a bit of patience.
Of course, if they deliver something I don't like I'll be right behind you!
Surely one of the conclusions that comes from the SR is that the current board of directors and management of solg should not be allowed anywhere near the project.
Even blind Freddie should be able to see that.
JG, which of the directors do you believe are incompetent?
136845 into 135931 looks like a Bed & Breakfast to me...
100k into 100k and 69.089 into might also be...
But whatever way you look at it these guys seem very comfortable in buying/continuing to hold...
Share price being walked down - the assets are there but maybe a competent board of directors isn't - maybe the strategic review without deadline is to maximize the npv of the board salaries