Member Info for Andrew1987

I think with every post, that TB guy gets less and less believable and more desperate. I have said before and i'll repeat again for the benefit of people reading. I have never worked for SGZ. I can't make that any clearer. Nor am I on twitter. Please provide proof - which you can't - to the contrary. Or else, you are just continuing to make yourself look stupid.

Notwithstanding, your very own "evidence" has a pool of water leading from the tailings on what appears to be a dry day.

Pic here- https://www.flickr.com/photos/198120633@N04/

A dry stack operating within the correct tolerances would not have such a pool coming off it. The rest of the ground is dry. Any pile of anything will hide water beneath it. It acts in the same way a water table does. What you cannot hide, is the run off. So your own evidence is damming. About as credible as you.

Lets be frank, are you really this desperate. Your investment has tanked. Deal with it. Don't try and sell crap to others to get you out. Sad little man.

New update on twitter showing a h&s sheet? with detail I believe would be hard to fabricate.

Showing heavy solids getting discharged into the river. I would therefore deduce, the report to SEPA must be accurate.

One failing after another. 13 years down the road.

If they have indeed been reported to SEPA and are found in breach. Fines may follow with expensive works. I wonder if that will sink it?

Does this break even analysis take account of increase in interest rates or debt payments on 23M?

Even if the cash was rolling in the door, it’s going to take a long time to clear the debts.

I'll be posting pics of mountains of gold if it ever happens, which it won't. The truth is the truth. Others can make their judgements based on it.

No wonder the national park are in discussions over bonds....

https://twitter.com/Sajic15/status/1655825160706899969

Reading the rest of the posts, it doesn't look much better.

Disaster for the environment by the look of it. Surprised if the daily papers don't pick this up.

Sure you have Samson. I haven’t lied and you can handle that. You answer my questions and I’ll think about yours.

Still waiting on all these lies I’ve apparently told. None I see.

I’m here to stop you and your cronies duping some other investor into believing your stories that aim to raise the price so you can sell out.

What is your average? I bet you say privacy this or that when it suits.

it seems samson again starts a new thread. obviously doesn’t like what’s getting said on this one.

and samson, the reason you don’t understand the motivation to stop anyone else getting duped by your and others constant propaganda that everything is good at sgz when it is far from it, is because that’s obviously your nature.

if you would be willing to loose all integrity to promote falsehoods, as you have, then i’m not surprised you don’t understand someone else helping to prevent people being duped. it’s called being honest and being a good person. those two concepts are alien to you.

please do list all the things i’ve supposedly lied about and you’ve supposedly proved as much, because i can tell you now, as i’ve said from day one, i have not lied. you have. you promoted this company when the obvious evidence was that things weren’t right. either you are completely stupid, which i don’t think you are, or you manipulated your output to promote the price to dig yourself out of the hole you’re currently in financially.

i don’t have any skin in this game and that’s why people should trust what i said over what you say. you’re only trying to get the price up to sell out.

in your own words… you would not invest now. so why should anyone else?

you can fling insults all day long but you need the price to rise, i don’t. i wonder who is more sincere!

how about the time you constantly denied they were facing administration until the company released as much in an rns. you’re a confirmed con man.

keep your eye on the door old farmer because someone may come chapping wanting to ask you a few questions about why you promoted it knowing it was a **** show.

Saint Roy seems to be awfully close to that man.

None the less, I find it odd at best, after all these years, the company would choose now to contact him about his Twitter handle. After allowing him to act as de facto spokesperson when it suited the share price. Mine tours, gold at home etc etc etc. it stinks to high heaven.

It can only lead me to believe they are concerned about what may be coming.

Bp, it was deleted, before it was being highlighted as deleted. The fact they’ve distanced their self from the company is highly suspicious and leads you to believe they are covering their tracks having pumped the stock up, or are creating distance because it’s only heading one way.

The fact they had the name Scotgold as their handle trying to look official, with only information they knew and the layman on the street didn’t, inviting people wanting to join the company to contact them instead of the company, gold from the mine in their home, organising tours only open to a select few etc, speaks volumes. Slimy and insidious relationship.

I’ll say it in advance…. I’ll have no sympathy for that man, or his cronies, Samson and Co. They swallowed one pile of garbage, spread it, and tried to lambast those who questioned it. So they deserve what’s coming.

They could have grown a back bone and stood up for their own integrity but glorifying this swamp of a business was more important in a pityful attempt to boost the price so they could sell out.

Will they be repaying the money other honest people lost listening to their lies? Will they buy the shares off the people now trapped at a price that will never recover?

I might have lost a small amount of money on this stock. But at least I kept my integrity and didn’t sell out for the chance of a few quid by telling fairytales to others. Hell mend them.

I think we can now determine that some have been talking absolute rubbish for months. Hence why they are now covering their tracks, deleting Twitter etc. They don’t even deny it, just fling childish insults.

I genuinely feed bad for the people who have been duped by all the promotion and promises of things that never materialised.

Twitter says someone has deleted their Twitter account after being concerned they may have spread a load of nonsense to pump up the stock.

Wonder who that unsavoury untrustworthy person could be!

As I said folks, do your research carefully and be careful with who you trust. Smoke and mirrors.

Saint roy here to save us all ??

"Which leads me to believe"
Some can't read.

Whilst i'm flattered so many wish to discuss me... perhaps back to business.
I notice that the National Park are failing to disclose the state of the Restoration and Aftercare Bond because it may harm the operational ability of SGZ.
Which leads me to believe the bond is under funded or otherwise they would simply say it is adequate and fit for purpose. Which they have not.
So not only do SGZ have 23M of debt, they are either behind with Bond payments or have dipped into them.
One has to question how long it will be until it all collapses with many left out of pocket and our National Park left in purgatory. Que someone coming on to tell me how excellent the relationship is. But it doesn't negate the facts.
It seems the company is grossly mismanaged.

Just for clarity. I have never worked for Scotgold. I have never had financial dealings with Scotgold other than as a shareholder.
Some on here seem to think I’m someone called Jason saint who featured in a bbc documentary and must have left the company for unknown reasons. Another inaccuracy. Good luck all who are honest as they don’t deserve to loose money because of half truths told here to paint an incorrect picture of what is going on. Unfair and disingenuous. But that’s the calibre of some.
I also can’t say as much as I would like too because I do know there are multiple ongoing investigations which I don’t wish to prejudice or be party too.
Do your own research carefully and I hope I have at least shed light for some.

Some facts.

The company is in 23M of debt. Indisputable fact.
The companies own RNS said just recently is may not be able to continue as a going concern. It had 8k left in the bank. Is this isn’t “facing” administration then I don’t know what is. Indisputable fact.
The company is lhs after 13 years and grades have been below what was anticipated. Graded “poor” in comparison to other mining operations.
Producing gold is all fine, but if debt is produced more, then there is no profit. That is what is happening now. Fact.
No liar here.
All verifiable facts.

Rockhead, no credible replies like your pals. Just insults. As I said folks, they don’t want you to hear the truth. They will misconstrue it because some need the price to rise or they’re in trouble.

I don’t trust my local builder or local farmer for my stock tips. And I won’t be trusting this builder or this farmer either.

There is better companies out there that deliver profits and where your hard earned money will be safe. Don’t be duped.

They’re telling you a certain story for one reason only. They need the price to rise or they will have invested in something you shouldn’t.

Here’s a more accurate summary.
It’s not about me, even though some seem to make me their favourite topic as you the investors don’t invest in me, you invest your money in shares and companies. So it is about the company. Some on here try to discredit me because they don’t like what I say as it’s against their agenda. The truth is I’ve never lied. They won’t let you believe that because if what I say is true, they will loose their money. You can decide yourself based on what’s presented but you will see I often present notes on the company. They often try and bismirch my character instead.

Samson and co won’t want me discussing the down side of how the company is performing because they bought in at a much higher price than the current one. That’s the overriding truth. They need other investors to buy in to boost the company and the price so they can sell out. Samson has even admitted he wouldn’t invest now, so why should you.

The company is deep in debt, looking at administration options and is spending more than it’s earning. It’s loaded with debts that will take years to clear if it can even survive that long. On top of which are numerous other entangled tales. You can make your own determinations on what’s true and what’s not. But at least you will hear it. They don’t want that.
Some on here will tell you that’s it’s all going to change when this happens or that happens. But it’s not. It hasn’t in 13 years and won’t for the next 13 years because the business has fundamental flaws with costs, grades and speed at which it can mine.
I don’t want anyone else to loose money based on lies perpetrated by some on this board.
They might not want you to reread everything here, but I do. Knowledge is important. You may even notice they create a new thread when the current one doesn’t suit their agenda.
Ultimately, I won’t make or loose any money if more people invest or don’t. They have a financial interest in pumping the stock. Choose who you believe carefully.
By the companies own admission. It had less than £8,000 left in the bank and is facing administration.
In the words of an old revolutionary. History will absolve me. Good luck to all who are honest.

Further reflections… perhaps the reason the most recent dilution/raise was only open to shareholders was because they were informed they have to give shareholders a chance to save the company prior to administration. As per the leaked email.
Baring in mind of course some of the allegations in the leak was confirmed by an RNS shortly after it was alleged. Such as the company looking at administration options.
It doesn’t take a genius to work out that either the leaked was correct, or they are a fortune teller.

BP, a short rebuttal if I may. For the prosecution perhaps.
For me it's quite a simple calculation. Can the company extract enough gold to meet it's obligations in a timely fashion.
So far, not enough gold, not quick enough and obligations are at a precipice. So the answer would be no, it can't meet those obligations in time.
1.5M or 2M, whatever is raised from this months most recent raise, will be gone within 30 days based on current burn rate.
So to take it a step further. Can the company extract enough gold within the next 30 days to cover it's costs for every month there on after. Having never done so in the 13 years prior. I'm doubtful that anything will change in the next 3-4 weeks.
I'd hazard a guess that it's going to end up in further dilution to try and buy more months. Or legislation governing the running of the company will force their hand into administration. Having raised about 8M over the last short period to just pay bills, I don't forsee anything changing with 1.5M over a 3-4 week period. It will eventually have to accept it needs a restructure. This will mean pennies in the pound for many unfortunately.
Others will say i'm wrong because they can hold a rock in their hand or take pretty pictures. They either don't understand the concept of profitability in business, or are simply misleading for their own gain.
Either way, history is a great educator. If it was such a great concern, we would have had better after 13 years. 13 days or 30 days won't change much.