Member Info for Adieuk32

7.9p PAID.

Great Scott, this is flying.

GL ALL

Leaky - some hefy BUYS going through now.

GL ALL

Got a feeling the funding deal is about to be annouced?

Sale / JV / Investor?

All i know is the SP will be multipes of what it is now.

GL ALL

AUCTION - Should be interesting.

Gl all

Looking at BlackRocks website, the following appears.

Source: BlackRock Investment Institute, with data from Refinitiv Datastream, IMF, MSCI, December 2023.

Notes: The markets shown are those within the MSCI Developed, Emerging or Frontier indexes. Emerging and developed highlighting is based on MSCI classification. The size of the circles are dynamic and will change based on the metric selected above. Data for gross domestic product (GDP), government debt and population are as at the end of the most recent year end. The share of GDP calculated using purchasing power parity (PPP) is shown by selecting the GDP (PPP) button. Gross government debt is based on IMF data. Market cap (MSCI) shows the market capitalization of the market's MSCI index at month-end.

Now that MSCI have dropped the selling of SOLG, we should see normal service resume.

https://www.blackrock.com/corporate/insights/blackrock-investment-institute/interactive-charts/emerging-market-marker

All IMHO & DYOR

Gl all

You know the hedge fund?

Used to be holder of over 2% stock.

CEO Mentioned on the following video 33minutes 20 seconds in…

https://youtu.be/C0EyNSrj0DU?si=blClfC8FjC_6oolF

Black Rock have been selling the stock since last Junes Investor Presentation. Scott mentioned it then, and again in the September interview that a major shareholder was selling, bring the price down to sell up. They held circa 80 Million shares at the last update.

I Wonder if MSCI has been working for BlackRock, coincidence this is the last day they will be dealing with the stock.

They had to bring it down so much to trigger the shares to be available.

Tomorrow we will see if this was the reason for the year long share price destruction.

Interesting times ahead.

Gl all

Interview with the CEO.

Intention was to release the technical report, along with the Pre-feasibility report, and not wait the 45 Days? (13 minutes into interview)

I wonder what’s holding up the report?

https://m.youtube.com/watch?v=prjh454RtxE

Gl all

BLUE

Cheap shares, just brough a few more.

GL ALL

This report is required for all listings on the TSX, where most of the mining companies trade on.

IMHO this is being delayed, due to advanced discussions with the 5 Majors that viewed the dataroom.

Until this report is RNS, we wait until the offer/strategic decision.

GL ALL

Large BUYS gone through 800K & 400K, plus a load of 24,244 trades, over 2 million just traded.

7.8P WILL COME AGAIN

GL ALL

CEO said in the interview last September, that he wanted to release the Technical Report with the Feasibility Study results.

5 BIG name players looked around the dataroom.

3 of the biggest mining companies in the World, already have a foot in the door, which one is ready to do business

I wonder if a T/O is holding up the report?

Another push this afternoon passed 7.80p

GL ALL

Auction

7.80p has got to go today.

Got to be the best stock on the main market for growth.

Gl all

Not much money

Yes I also knew that the main Technical report will be out within 45 days from the 16th February.

Ecuador government have 3 months, from December-23 to approve the development, then Solomon Gold have 6 months to execute the development plan.

The clock started ticking, back in December-23, this would not of happened, without a 3rd party backing.

Next few months will be very interesting, hence my personal investment decision in this company, at a Bargain price.

Gl all

I’ve been on the sidelines, waiting for the report on Cascabel for years, but only just invested, as this was the reason the SP was walked down by Shorters.

Now we are in a position, to sell up and move on to what the company are good at, Exploration activities.

The Bids will be lined up, BHP tried to buy us on the cheap, years ago, but that valuation is minuscule, to the one that we are about to get.

Gl all

No more delusional than you are pal.

Got caught with your short have you.

Keep trying, you’re going to get burnt.

Gl all

Article from October,

SolGold (LON: SOLG) said on Wednesday it is making headway with the potential sale of its flagship Cascabel copper-gold project in Ecuador, as it has held talks with more than 20 “highly credible” interested groups.

The company, which merged last year with Cornerstone Capital Resources to consolidate 100% ownership of Cascabel, said that at least 5 potential suitors have already completed site visits. It added there were a number of follow-up visits being scheduled.

Soon find out who the suitors are.

https://www.mining.com/solgold-advances-plan-to-sell-flagship-ecuador-copper-project/

Gl all

Great News, just after the bell.

It was guaranteed a sale, It’s way too big for a minor to develop, it needs a major with deep pockets to develop this.

Make no mistake, the Majors have been involved in this for many years, buying shares at 20, 30. & 40p, they new the mine is a “World Class” deposit, but we’re waiting on the feasibility study to make an offer.

If a placing was to be done, it would have come out on the day of the results. A sale is the likely outcome.

Bring on the bidding war,

BHP - 10.36% of shares held

Jiangxi Copper Company Limited - 6%

Newcrest Mining Ltd. - 10.3%

Any predictions on tomorrow’s opening price?

Gl all

The Cascabel Mine - Tier 1 mine, Which is "WORLD CLASS", and one of the biggest, not to be owned by a Major.

It's taken over 13 years to fully appraise the mine, now it's ready for the next phase.

IMHO it's too big for SOLG, The Chinese have a stake already, with BHP Owning 10% of the shares.

Also BHP have options at 37P, which expire this year.

If you look at the options, these are mainly in the 20's to 30's range.

A buyout will come, and has probably been on the cards for quite sometime, just needed the latest report, to sign off the valuation.

GL ALL