RE: Bizarre...Today 18:21
Solgold management have been appalling over the last 18 months... shockingly poor.
Its clear in my view they have intentionally driven the price down to try to tempt interest from a buyer whilst at lower levels, that simply wasnt there at 20p levels..
The big question would be, Is the silence over the last few months due to lots of negotiations behind the scenes, or is it due to a basic lack of interest and just a lack of development/progress.
With Solgold I tend to assume its always the latter. No news because management are failing to secure any deal... and without a monetising deal, they have absolutely nothing else to report as they shut everything down.... and If any deal is to materialise soon, It will without question, disappoint many of the dreamers on here. Management will claim any deal they can get is a success now.... despite a perfect timing for copper/gold assets.
I fully expect a poor looking MDA, and then a can kicking raise , probably the cgp shares, at awful prices, probably to insiders and friends of Maxit, so management can keep their salaries going.
Then maybe one day, some monetising deal, that may see prices up as high as 18-20p.... High fives all round, Scott etc praising all their hard work behind the scenes... pulling of a great deal... Bonus and options all round..