Member Info for Bozi

Jerry. It's not 75% right now but it will be when all is said and done so I'm not sure what I need to correct.

You've raised a technicality. The point stands.

Why do disagreements surprise you so much daveri?

We are disagreeing right now. There isn't even any business between us.

When this company's shares do trade higher it won't be because of anything Nick did or didn't do.

Maybe they should look at themselves?

Never the worst place to start.

Not true. If that was the case no prospecting licence would change in value until commercial production started.

If that were the case we'd have no leverage and the first major who expressed an interest would be able to walk right in and start drilling with us.

Besides, I never said anything about SolGold going to production.

Have a Google and you'll find plenty. There's a report from Cypher Research but a few of the large investment banks have also made similar comments.

My emotions are firmly to one side.

I truly believe that getting into bed with a single investor does not preclude the company from fraternising with anyone else.

It's the modern day open relationship but BHP want the church, the posh reception and the plush honeymoon.

I'm not on about today Monte.

We're 15% off since the AGM.

And I don't buy its because we've not had an RNS for a few weeks either. The company has a website. This website has an archive of thousands of company RNS' where any new investor can read up until their heart is content.

But no, where are the buyers? Not cheap enough yet.

The ship has no captain and no first mate because of various reasons, thus investors are saying "I'm not boarding that boat" and not "jump aboard quick because treasure is around the corner."

Respectfully, no they do not.

Forget GGP.

GGP have done an earn-in right at the start of their exploration process. They have given 75% of their project away for $65m. It's one of the worst deals in recent history but its funny how nobody sees it like that. They really need one of those other projects to come in big now...

SOLG doing an earn in at Alpala. Use 75% for consistency. How much would that cost? Not $65m I can tell you that.

That very dynamic shows that the investment SOLG made in the discovery will prove much more valuable than the up front deal GGP did.

Investors who traded the shares and made their gains won't see it like that but those are the facts.

"Mather's refusal to engage with them is exactly what exposed us and made us vulnerable, and it cost him his job. It has to be hoped the board and new ceo will work constructively with our main shareholders in order to extract good value."

You really believe this was possible at any stage Addicknt?

That Nick was a terrible bloke. He raised finance for the company at the prevailing asset value rather than a sharply suppressed corporate value.

That Nick was an awful bloke. He gave our big shareholders 2-3 years of anti-dilution rights as part of the agreements governing their original investments and top-ups.

I never once said BHP would roll over. But at the same time you almost expect SOLG to roll over, issue equity to them whenever they want it and at a price they're happy with, regardless of whether it dilutes you.

I'm starting to wonder if you work for or with BHP. In fact I'm not... I've been wondering it for a while.

I can't help but feel you're missing the point daveri007.

Nick has stepped aside because the big 3 have pushed him but the absolute slander from a lot of PIs towards Nick, who frankly had been acting in their best interests (in terms of delivering true shareholder value) by virtue of acting in his own, whilst trying to pump the share on the basis that a transformational deal would be done pronto, are the ones being fed a dollop of humble pie.

At least you've admitted the motives of the big 3 Addicknt.

A small number of PIs, by voting against Nick (not that it would have made much difference) have voted for exactly that, the potential for a cheap offer.

JG1964 - there's another option... you could sell and go and buy those shares you're certain are going to zoom off into the distance.

Nobody is forcing you to hold.

Nobody at all.

SOLG have been quite steadfast in their intended business strategy, and it isn't short term drill and flip.

So that gives investors a decision to make. Buy and hold, or sell and continue your investing journey elsewhere.

There are resource companies out there that make it well known that they are drilling to sell. Maybe buy one of those?

None of the above is investment advice.

Smick. I have to say it's because the good Colonel speaks sense and speaks from the heart.

He says how I feel but in a more balanced and slightly less antagonistic way, maybe.

I wish Redknight great wealth and health but quite why he has to tell us all what his trade decisions are, is, we'll baffling to say the least.

Not exactly gone to the moon in the midst of his stepping aside have we BnC...

I can't begin to imagine the spewing and crying there is going to be on here if we have done a JV by the end of the quarter.

Quite why people are so keen to virtually give our assets away I don't know...

CD -18:22 - that is SOLG gospel. Nothing else needs to be said.

110% nailed it.

With respect, forget where we were a few weeks ago Mike. The market doesn't have reference points in the past when deciding what value is in the future.

Today's news was the sort of drop that can lead to a steady re-rating. Today's trade was just a mixture of new investors taking positions, traders banking profits and maybe even the continuation of a legacy seller.

The coming days will tell us where we are short term but hopefully you can see that we now have a lithium project that stacks up economically and is in the process of being extended (resource/life of mine). Moreover, high grade gold is being found at depth at Zaranou beneath the weathered zone.

We have had a tough run here where the share price bore absolutely no relevance to the assets of the company and the progress of development.

That balance is gradually being addressed.

"...there are too many other shareholders to buy out."

Cadell, thst simply is not true.

I see no reason why this all gets resolved within the next 2/4/6 months. None at all.

11 months Quady.

I really think some on here should be playing the roulette wheel than the stock market.

They'll find out whether they get their return in about 30 seconds.

Quady you are pretty much spot on but don't expect much gravitas from this lot. They just want to believe that they're one step closer to their end gsme, whatever that might be.

Your thinking is much more aligned to thst of the company. Bravo.

Correct CD. Newcrest have done all the work on Havieron for 18 months now and the kitchen was still too hot.

People are fickle, and funny with their afflictions.

Jerry- to you and Monte who couldn't wait to put a foot in before, the AGM has no discernible impact on what has happened here.

If the AGM never happened can you honestly tell me this wouldn't have happened? You can't.

It just so happens that our "activists" tried the AGM first. That failed, so they got shirty.

They were running out of cards and it was always likely they had to play this one.