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It seems like to me that the BOD have been getting their ducks in a row (new CFO / remuneration policy / increased focus on Porvenir) before a take-over bid for Cascabel or a JV for this concession.
As previously suggested if SOLG is bought out it will still exist under an umbrella Company. This would mean that the new appointees (Cuzzubbo / Saridas) will be taking Cascabel, Porvenir and another 1/2 dozen Mega Mining projects through to production.
The Futures Bright - keep the faith Solgers.
Damers.
Damers, Seriously.
Solgold have stated they have had no one approach them and that they continue to production.
If you have any evidence for a bid them show us.
Lots of evidence that we are going to production. It's in every presentation for the last seven years.
Morning Quads.
Solgold is not taking Cascabel through to production as we do not have a pot to **** in. As previously noted the only way of getting to the ore body without 3rd party assistance, is if you & the Children of Solgold get the pick axes out.
If I had evidence of a bid - a bid would already be in the offing. However, if you look at the list of our investors it is plain as day to see there are several interested parties - many of whom are fully versed in large scale mining.
Like it or lump it a bid will come.
Damers.
Quady NM has always stated for over 10yrs he would reward all shareholders, explore then sell it like he has a history of doing for the best value to shareholders and institutions I don't think he was talking about Solomon Islands!!:):)
LunchMoney - you aren't a Trump supporter as well are you?
Z
Good post Lunch
Totally agree . Whole sector is having a tough time.
Perfectly happy to sit and wait though I think it’s nailed on something has to give before the next AGM and one way or another we’ll need a cash injection before too long .
LunchMoney - a quality contributor but nail squarely on head at 9:05.
Bids tend to come when various parties have had their feathers ruffled. We saw similar events when Franco deal was done. Like I said, BHP and NCM are not here for the dividends in 7 years time. Nor are most pi's. SOLG has to fund through to DFS and that might require a minor raise $40m or a larger raise $100m+.
Unless I am mistaken, have SOLG informed shareholders of the estimated costs or cash required to deliver DFS? And if not... why not?
Wouldn't want to be out over weekend imho
"If investors don't like the time it takes along the Lassonde curve, I recommend they sell"
Quite frankly you shouldn't be recommending anything about buying or selling. You gave your opinion - snouts in the trough are fine, fair enough - but leave it at that eh? Giving out financial advice is for the big boys.
Lunchmoney? Legend in your own lunchtime more like.
Give it a rest Sean... Your earlier predictions amounted to zero
Hi tinyray, and when it reaches 25p what will you be doing ? please tell us all, I'm intrigued ;))
I thought you were ignoring me little novice?
Lolzzz Tinyray you're so original... Anyway what will you do when the price hits 25p ?
#harmlessfool
As you asked little novice, I'm going to buy at 25p and trade it as usual... now go back to ignoring me little novice.
Cheers
Good lad tinyray you know a good stock when you see one, and your wish is my command !!! Lolzzz
Make you anxious and tense do I ? ;))
#harmlessfool
Try and forget about me little novice, you wanted to speak to me today for some odd reason... get over me.
Whatever the medium term outlook here Ray, you have stood on the sidelines and watched as people make money from the 25p - 38p - 25p - 35p journey of the last few weeks. A rather pitiful position, especially as you failed to buy in last time it was 25p "because it will go lower" then had to watch it rise to 35p. Back to POLY with you sonny, Putin needs more cannon fodder...
I will buy in at 25p guarantee it... I'll post my buy before it arrives..
:)))
Well I did tell you all good luck if your still invested
Bought 65k+ at 27.99
Agreed LunchMoney, as you are aware and the other intelligent posters on here, I have never said a bid is out the question, just that the most probable path is construction. After DFS and BFS and raising of the capital and with the construction of the infrastructure starting, we may get a bid, wherever it will be accepted is another thing entirely.
"Finally, no need for your insults, eh?"
Sean insults because he's already lost the argument and throws his toys out his pram.. pathetic!
Quady, you have said multiple times that we will not get a bid unless there is a change in the make up of the shareholder register. Or 'book' as you call it. It's there in black and white in your posting history for all to see.
Correct SharketMare, but people like you take things in isolation, so think how a change in the book happens, and that may give you an insight. It's not mutually exclusive, as an investor you should understand that.