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happened to SM's post about the LND situation? Did the thread get out of hand?
addicknt, not that I saw, admin must have decided it wasn't appropriate, which is laughable given half of the sh*te posted on here.
LND issues can be discussed on the LND board. The company has no connection, no link, and no comparison to SOLG whatsoever.
Christ, what is wrong with some of you? First Fort jumping down my throat on the LDN thread which I strongly caveated with "this is an apples and oranges comparison" and now this from you Sean, who has spent the last 24 hours posting useless and inane cr*p about getting Quady removed from this BB.
To suggest that there is no similarity at all between LND and SOLG is ludicrous - both are mining companies who are undergoing or have completed strategic reviews. Both have a retail shareholder base who for a long time have been saying that a takeover is nailed on. I posted the link last night to show people what an example output of a strategic review could look like. addicknt's response was the only one that was remotely reasonable - one of the few people left on here with his head screwed on.
It has quite a viable comparison with SOLG actually Sean.
You just don't want to consider it...
Right everyone that's that ,onto next subject please solgold
"Subject to obtaining all required approvals and the satisfaction or waiver of all required conditions to closing, the Arrangement is expected to close in late January 2023."
And then bring on the bidding war...
LND has sweet fanny adams to do with SOLG. If you want to discuss LND - whatever your agenda, I can guess what it is - there is an LND board for that.
Off topic - that's why it was removed.
Bozi you've been bashing this share for months now. Time to move on and give yourself some respite I think.
Sean - there's no physical connection between the companies but there's a fundamental connection, so yes it is relevant.
We'll done for getting the conversation cancelled though despite berating Quady since day dot for doing the same. Hypocritical much?
All SOLG shareholders should be acutely aware of what happened at LND yesterday. It's the undesirable outcome of a strategic review.
All your punters like Sean bet the takeover and they get roasted.
Lets hope that does not happen with SOLG.
Sean - I've been less than complimentary despite holding the shares, as is my right.
You should either take no notice of views you don't like or challenge them in a constructive way.
The choice is yours.
Bozi it has NOTHING to do with us. Period.
That's fine then Sean. I won't expect to hear from you claiming such mammoth surprise in the event that SolGold are going to continue developing Cascabel.
Not likely.
If SOLG say they are going into production I'll eat humble pie and shut up permanently. And sell up.
But the events of the past 2 months- the merger and the AGM have confirmed that we are not going into production nor are we looking for a JV. We are going for a sale.
Those in denial about this - or who are simply obsessed with disrupting this board and talking about things which 100% contradict what a director has told us in interviews - are clearly determined to keep banging on about production, or yapping on about other shares which have NOTHING to do with us. Every time I look on here someone else is trying to derail the discussion. They are in complete denial about how things have fundamentally changed and spreading misinformation which contradicts what the company directors have clearly told us.
Some of you LTHs have turned viciously against his share - I suppose you wanted an endless cycle of drilling, dilution, drilling, dilution... but those days are gone. We are finally in the hands of some hungry people who want to make the shareholders some money.
Its been enjoyable watching Sean's frustration.
Seanhunter you are the only person telling lies and spreading misinformation.
1=) The company has never stated Alpala or Cascabel is up for sale.
2=) They have stated many times ( although not recently ) that we are going to production.
3=) We are undergoing a strategic review to advance Cascabel and look at the company's options.
4=) Yesterday SP Angel put out a broker note stating a faster route to production and we are continuing studies at Alpala.
5=) We just raised 50 million for exclusive use on Cascabel and that fits in with the SP Angel announcement.
6=) We now have 100% of ENSA and thus funding is now easier and cheaper than before.
7=) When Ingo was on board he announced that we had a billion of funding ready to go.
The situation today is easier to fund.
You not only sound desperate but uninformed.
Lastly if you are deluded enough to think a bid is imminent you have to explain why the wider market says you are wrong. Just look at the share price as it's not indicative of a bid anytime in the near future.
"Lastly if you are deluded enough to think a bid is imminent you have to explain why the wider market says you are wrong. Just look at the share price as it's not indicative of a bid anytime in the near future."
I think a bid will come but certainly not for now.
“But the events of the past 2 months- the merger and the AGM have confirmed that we are not going into production nor are we looking for a JV. We are going for a sale”
Exactly Sean …. One day a press release will drop and further speculation will be impossible
'funding is now easier than before'.
Now there is a man with his finger on the financial pulse of the markets. Recession looming, rates rising, banks withdrawing credit, money supply collapsing. Yep its so much easier to get funding.......
Absolutely clueless.....
I haven't "turned against this share".
But what I'm not going to do now is ramp it to high heaven with brash and overconfident statements about how we're nailed on to be sold.
If it happens great because LTHs deserve to make some coin given the struggles we've had to endure.
I take it from all the green lines that Quady is throwing his toys out the pram again.
The thing about a bid is there won't be one until there is one. And when it lands everything here will be blown out the water instantly. No discussion, no apologies from those who were wrong, no self-awareness about banging on about production for years. I won't be looking for thanks or comradeship, I'll be taking my cash and going.
The alternative is year after year of drilling, then diluting, jam tomorrow forever.
The money we have in the bank wouldn't cover the first 5% of costs involved of going into production, which is why the guys in charge - like me - have binned the idea very publicly.
The fact that we have a hardcore on here who don't seem to know we have merged with CGP, who is now in charge of OLG, and what their clear intentions are is not only worrying, it is extremely annoying, especially withQuady who - having been proved wrong - is sticking around only for nuisance value and to disrupt the board more than Slug ever managed.
For the record, I am not ramping this share because it would be pointless - there is nothing in the immediate future to boost the price back into the 20s.
But I'll say on record - we will be sold. A bid will come. Within months.
Otherwise this share is virtually worthless. And I don't believe that.
Sean, given you assuredness of a bid, why don't you just head off now? You've gone from dry-witted and humorous Glaswegian to tin-foil-hat-wearing grumpus, accusing posters of having an 'agenda' and trying to shut down well meaning discussion. I used to look forward to buying you a pint once we all get our long overdue payday here, what has happened?