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Evening all l.th’rs it’s a real shame we have to get all this news via cornerstone c.g. Solgold needs a kick up the a**e for not communicating with its shareholders (bonjour les imminent news) please wait 6-8 months for translation.Anyhows good luck and happy new year
Certainly frustrating, we have not heard from Solgold as regards this monumental event. They certainly know when to appeal to us, the PI's when the chips are down. Hope our disappointment is reversed with communication soon?
Maybe any news will come CGP until the arrangement is closed? They won't exist after month end, so it's over to Solgold then. I wonder if there will ever be a name change for the company?
;-)
Not sure why folks are concerned with the lack of SOLG RNS. So far all that has made progress is on the CGP side and even there is plenty of cautionary notices and forward looking statements. When SOLG needs to report actual progress on the SOLG side there will be an RNS. Just chill.
TheItalian, we made the announcement in Canada, so I can only assume that UK regulatory requirements don't necessitate we do so here, although given the size of the transaction and its importance, this strikes me as being very odd.
Morning Add …. Maybe they’re working on a bigger transaction:)
DM, both announcements appeared on the SOLG page.
As the proposed merger won’t conclude until the end of Jan could it be that Solg don’t want to make an announcement until it’s signed and sealed as until it is there remains an outside possibility that CGP could receive a bid so maybe Solg are just being cautious in the timing of any announcement?
FTJNY, yes, that thought had occurred to me as well, but I'm not sure it's correct. Anyway, I've asked Fawzi and will report back if I get a response.
FTJNY good point
Ratification.....see my post from earlier this morning.
DM, I get your point and agree an announcement from us with a bit of added narrative would be helpful.
The answer is that there's no requirement for us to release the same statements as CGP and therefore the company won't be doing so, although I guess Canadian regulations are different.
Exactly - CGP voting for the merger was THEIR corporate event, not ours.
Yes, of course it's news relating to SOLG but it's not generated by SOLG at this particular juncture therefore no RNS required from us.
Not sure why it's upsetting so many of you.
Sean, speaking for myself, I wasn't 'upset', as you describe it, I was simply trying to understand what the regulatory requirements are. However, I do think there was an opportunity for the company to add some colour by welcoming CGP shareholders and reinforcing the new corporate direction etc, etc. In other words, a chance for some positive PR.
Add ….. I’m very confident there will be some very positive “PR” soon …..
I would hope addicknt that positive PR in a gamechanging sense is coming soon. I'm not going to be counting down the hours or the days, but I do think soon.
As I said in a recent post, I'm not looking for anything from the company now - certainly not money wasted on any further drilling - time to just sit tight, reduce costs, and make ourselves as attractive as possible for any first move bidder. Not sure what good news we could conjure up meantime that wouldn't seem insignificant, almost silly, against the backdrop of a possible sale.
SOLG is exactly where I want them to be now. After years of complaining, I am happy to put up, shut up, or simply wait.
I've been in this share at 20p, 25p, 30p 35p, 40p and even 46p, but have never felt as confident in a good final result as I do today.
Sean, let's hope so.
Sean same here !!!
Copper price flying broke $9000 bides well for solgold assets
Just off ATM taking a breather