Member Info for allthatguff

And the company has said it vulnerable to take over.
Pack it in Quady. Yours is just one OPINION.

With the conditional finance package looming after the PFS, the race is on for majors to grab Solg. Clock starts ticking on 15th Octobe. If the majors let this asset go solo they will lose big time and don't they know it. This is a top ranked tier 1 global copper/gold/silver asset of epic proportions, never mind Solg's other tenements.
It will not go cheaply otherwise a messy bidding war will erupt, my bet is on a 1st knockout knockout bid. BHP the biggest contender, imo. Silent for a reason I reckon.

"Very important and reassuring comments from 5:36 mins (for 5 minutes) and from 23:17 mins (for 3 mins) from Ecuadorian based Salazar Resources concerning the mining sector in country and its future monetary and social importance, of huge relevence to Solgold SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador

Also cadastre may be open October for licence issuing in next couple of monthhTTps://www.youtube.com/watch?v=BfGv4tUvxgc&t=336s
"

Of which the last 7 months drilling could not happen due to covid. Short memories.

Some odd views here. Proving up and financing a multi billion dollar mine?..passive?? Plus all the standstill due to covid in last 6month?

Sibanye??

https://uk.reuters.com/article/mining-goldforum-sibanye-stillwat/sibanye-stillwater-looking-to-buy-gold-mines-outside-south-africa-ceo-idUKL5N2GI58U

Unless Solgold is taken out and Cornerstone is left orphaned and has to stump up development costs. All is possible.

Has been tough pretending to be nice all day, eh zoros? True colours come out yet again.

Great point iceberg.

And if that is the case dear schlemiel, then Solg will go it alone and achieve its value through mining and gold/copper sales. Thus this might not be the investment for you.

The company will be happy to wait for value through mine development even if some fly by night investors don't.

Get it into your head schlemiel..this will developed solo by Solg unless there us a great offer or other agreement. Its good enough for Franco Nevada, so forget banging your drum how risky Ecuador is etc. The finance package is not a myth. Serious misinformation going on here or other intent!

So some think the finance package and streaming offers are a myth or lies?? So if there is no take over Solg grinds to a halt at Cascabel? Sorry that is stupid or at best wishful thinking.

Yes, a jv with BHP would make perfect sense, a win-win. Certainly less risk than solo development.
Events will overtake the sp sluggish soon, anyway.

The company will extract value by proceeding with mining of the this globally significant resource. It will not give itself away and rollover without a fight. It is just that some want a buyout to cash out now, they are nor prepared to invest for the longer term. This dies not affect the company though, this will get mined regardless.

" market is punishing SOLG for operating in Ecuador"
Simple solution, Solg must then punish the market by getting the conditional finance and proceeding with mining itself. Smack the market in its chops. Ridiculous at the moment.

"what the market thinks"..

That is the issue, the market is not thinking at the moment and is a bit thick. What does Mr Market expect to happen in October ..nothing?

In the article discussion of takeover they should really state clearly that is only 15% direct Cornerstone interest, with indirect interest making it up to 21.4%. Bit misleading otherwise.

I stand by my post yesterday..

"Mon 19:38
Does make one wonder.."I have no experience but 75k into the stock market."
Either lies or crazy stupid. Take yer pick."

Does make one wonder.."I have no experience but 75k into the stock market."
Either lies or crazy stupid. Take yer pick.