Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Worst volume I think I've ever seen on SOLG. 119k traded?
That's almost TSX levels.
Mm's must be starving
Blackrock taken a breather or our buyer gone awol.
In typical SOLG style, we'll probably get 9m block traded in auction lol!
They'll be more selling volume some time soon if SOLG continue this charade.
The company hasn't a hope of delivering value to shareholders.
Why isn't it singing and dancing about the FTA for Ecuador and the additional investment that brings?
I'm not sure it's because they're about to be subject to a multi major-multi billion pound bidding war.
And the sun finally breaks through the clouds in the form of another uplifting post!
Fort ,yep the A trades have basically destroyed any real movement in this share imho have been for a long time now ,almost played by an institution or similar on a daily basis,am guessing they make quite a bit out of it on a weekly basis imho but hey ho just my theory !!:)
Add - we can all tell each other how wonderful things are if you wanted but it wouldn't be very helpful.
We can all hang on to the company being in full takeover talks if you want but there's no telling if that would be accurate.
So what's the point. We might as well call it for what (we think) it is and be honest with each other.
Bozi,yep agree well I'll give couple more weeks then am gone ,had enough of this share now
Bozi, only pulling your leg...it's Friday!
MDA after hours maybe today?
Has anyone here had any responses from emails to investor relations over the last 2 months? Any at all?
Sorry Add - went completely over my head.
I'm just getting pretty miffed here. I get these guys are rationalising the workforce and it's often tough and not fulfilling work, but I just wish the company would recognise it needs to do more with the wider market. This week was a great opportunity to do that.
Orthern, no. Once Fawzi had been given the heave-ho, that was it - no more communication. The next time they come begging for shareholder votes I'll be sure to make the point.
Not like you to be airing pessimistic views on here Bozi.
It seems like we have gone back to being run like an AIM lifestyle company. Total disregard for shareholders…. Except for the ones in the room, Still in the club.
Not quite Smickster. I think I'm pretty balanced.
If pessimism is winning the battle then maybe it's because the company doesn't have as much to look forward to as it should, in my opinion anyway.
What excites you as a shareholder of SOLG right now?
Bit of a sucker punch to ask a holder that question dont you think?
For excitement id say having 1 of the biggest copper gold porphyry on the planet in our portfolio as a start.
The other thing that excites me is the obvious panic from the naysayers recently.
Good luck bozi try to steer clear ofn the negativity as it well get you down eventually.
Bozi, is the an investment out there which you have money on which you are remotely positive about?? Seems to me that you invest in companies that you absolutely despise! Nice strategy if it works for you but from what I can, you certainly do pick them!
I think shareholders here have plenty to be excited about. Tier 1 mines are rare these days especially with the box of metals that Alpala has tucked away in them hills.
Chin up... you'll make some dough at some point.
Going down the pan on tsx ATM doesn't look good ,news needed now imho
Closed unchanged on TSX bubble. Not sure I would call it going down the pan lol!
Not a sucker punch at all Smickster. You're having a pop for my view being less positive than you'd like so I'm asking what excites you right now.
Having one of the biggest copper gold porphyries not in the hands of a major was exciting when we had a reasonable plan of what to do with it. Now those plans have been kicked into the long grass we're now relying on commodity prices being buoyant in order to secure a decent exit.
But the world is crumbling around us. Societ is shifting around us quite rapidly and not in a good way.
But yes, positive we must be.
Everyone just needs some patience;
- The world needs what we have, lots of it
- What the world does have is running out
- The prescious metals we aslo have are fast turning into 'the' safe haven in a divided world where trusted stores of value are gaining importance.
- it's up for sale
- We have an interested party who's been doing DD for a fair while now
- We have an industry renowned banker on the deal who is aligned with our very own interests.
Like BigDude has said, 'the numbers are big', so it's just going to take a while to get closed out, but for me, we're on the home straight to step 3.
Enjoy the weather all and forget about the sp, its irrelevant unless you need to sell any time soon.
C
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Fort - ive been through the ringer recently on virtually all my positions at some point. My positivity has taken some serious knocks.
Solgold with its bona fide tier 1 and pipeline of promising takeover prospects was supposed to stick a fire under my portolio this year given the strategic review and merger late last year.
It's not a matter of making dough. I've one or two I'm still confident about and YoY I'm sitting in a decent enough position that I'm not worried at all about "making dough". That'll happen, regardless of what happens here.
Bozi. Your points are valid. And based on the FACTS are the only conclusion an unbiased person would come up with. And no matter what others post about your negativity is a fair opinion of where we are. But beware mate, it's late in the evening over there. And I suspect the ditty about you is imminent if you post any more FACTS
Highflyman. Ref your post.
"We have an interested party who's been doing DD for a fair while now"
I wonder if you could post the link to support this.
The problem I've got mate. Is that many, many, many years ago we were told by solg that 12 majors were sniffing round showing interest.
I can remember the excitement and chatter. Then the dreaded realisation that once again, it was a damp squid. I just feel my heart couldn't stand up to another false dawn
Bozi listen to yourself buddy "society is crumbling"
So what you going to do about it.?
Come on here each day a remind people that we are all doomed?
Remind people that their investment here at solg is doomed and its been badly managed until one day maybe that all changes and its not as bad as it seems.
Your starting to sound a lot like needalife which is very sad indeed.