Member Info for Bozi

Deary me Addicknt.

As private investors we are and always have been the bottom rung on the ladder. We're rarely of any use to these companies as we don't have the capital to bankroll them, we just sit here all self-entitled expecting a big jazzy news release once a fortnight just because we hold 0.01% of the company.

There has been plenty of news and information released since the intention to bid for Cornerstone but people are only interested in using that as an excuse for SP performance.

I think people need to taken a step back here and look at the bigger picture.

PM- could be something to do with the system it is traded with, bring a main market stock.

There's also the fact that even when shares are changing hands this is pretty thinly traded. I've put that down to a lowish number of shares in issue and also that management and significant shareholders hold a large portion - possibly in excess of 50%.

None of the news to date has been negative per se but some investors have now realised there's more of a technical element to this project. The company have also had issued with the saline water which hasn't helped.

All still to play for in my opinion with the new JV licences to come.

Exactly theiceberg. He's leading a company 737+ strong now and there's going to be a slippage from what were desired timeframes.

BFS and the other plans for 2020 unchanged so for me this is a temporary disruption. Easy to see why others are playing it for more though if it helps their trading...

Whilst what I'm about to say should not be construed as financial advice, anyone looking to draw a pension or close an age where they intend to do so should not be investing anything more than a thin slice of their portfolio in a non-revenue generative company like Solgold.

You can't bend the company's timescales to your own.

Good luck to you both.

Brickroad - worth having a look at the SOLG website at the analyst coverage. A good place to start.

It makes sense to the major but not to SOLG PIs. You'd be giving away the upside of 14 high priority regional projects for the full value of 1 and a bit of a kicker on top.

£2-3bn in your hand now will be hard for many to turn down but if it were up to me is rather Nick have a shot at creating a new major.

Shares in the majors don't really interest me. Upside on them is insignificant. That said, they would obviously be part of any takeover deal.

Thankfully for me I'm not convinced BHP will want to acquire us. I'm even less convinced Newcrest will (they're trying their own fish).

On we go Nick.

Spot on Makus.

Ha, no worries OG.

Agree it's good to take a realistic view of your investment and I was only ribbing you earlier.

It's been a trying time on the news front and I understand there hasn't been much to get stuck into. Hopefully that has started to change now because there's a lot in the pipeline for 2020.

Not sure anyone is expecting it to light a fire under the SP Shady (Pessimus Gol certainly isn't).
It's just welcome to see more decent discoveries are the high priority regional tenements.

Eish - it's nothing to do with what he has invested, although that is clearly a positive.

Nick has led his team through the rapid discovery and exploration of a tier 1 project in a yellow light jurisdiction. We're a major in the making albeit running around in junior clothing at the minute.

Just look at the scale of what is being delivered.

1.) Alpala almost ready for MRE3 and then PFS and financing will be upon us.
2.) A portfolio of follow up projects that any company would wish for.
3.) An excellent social and environmental team getting out in country, educating the people with regards responsible mining.

That is why Nick deserves our support during this short delay whilst certain other matters are ironed out.

You wanted news.

You've now got news.

Yet it's not good enough because it's not the news YOU want. Deary me.

The company will tell us about "the elephant in the room" when they are ready to.

Poor Christophe.

Do you hold Cornerstone as well by any chance?

Yes it does.

Why do PIs think they're owed an update once a week or fortnight.

There is clearly clearly CLEARLY much bigger stuff going on in the background.

Just chill, wait, relax and I'm sure all will be revealed when ready.

There's no need for people to be so uptight unless they're trading it. Mather has taken this from £20m-£700m. He has my support.

Zoros - I suspect you invested in SOLG at £700m market cap whereas you maybe bought Greatland at £70m.

It's all about timing.

Without going into too much detail on GGP it's had a good run now. Don't forget Newcrest get chunks of Hav when they complete earn in and leave GGP with a minority percentage.

Watch for it topping out IMHO.

Earthling - this has 0 to do with bedwetting PIs who need to get a grip of themselves and wait for the bigger picture to unravel.

Have you got any evidence N2S?

It's called the Ghana Mineral Resource Development Fund.

That was 2nd Dec. Two weeks later we got this,

· Disseminated sulphide mineralisation has been intersected at various depths in a number of gabbro sills. This is extremely encouraging and suggests that free sulphur was present in the cooling magma (sulphur saturation). The tenor of the mineralized intervals will be subject to assays to be undertaken in a Johannesburg laboratory.



· On the last hole (RIT8DDH2) a 16m mineralized gabbro sill was intersected that showed intense heat alteration that extended several metres into the sediments on either side of the intrusion. This suggests that the intrusive acted as an active conduit transporting large volumes of magma to the surface*.

I was re-reading some recent news and liked this bit. Feel it was pretty much ignored at the time but could be interesting.

DISCUSSION and SIGNIFICANCE



· Kavango's geological team believe that they have intersected a small part of a very extensive magma plumbing system that lay beneath multiple volcanic vents and fissures which extruded large quantities of basaltic lava onto the surface about 180 million years ago.



· This is the type of plumbing system that hosts massive sulphide orebodies at Voisey Bay in Canada, one of the world's largest Ni/Cu/Co deposits.



· Typically these complex plumbing systems are composed of stacked (horizontal) sills connected to each other via (vertical) dykes.



· If the magma contained "free" sulphur (due partly to contamination of the magma by the incorporation of coal), a continuous flow of magma along the conduit over extended periods may have allowed for the accumulation of metal suphides in certain localities within the sill.



· The application of downhole geophysical techniques should locate accumulations of metal sulphides within the gabbro. This will be undertaken as soon as the equipment becomes available.



Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"It is most encouraging that the current drilling programme may have identified a magma plumbing system typical of those that host some of the world's largest metal sulphide deposits. If it can be established that the disseminated metal sulphides seen in the gabbroic sills are a primary feature, then there is an excellent possibility that economically viable metal sulphide deposits exist within the KSZ. The Company will continue to keep the market informed of all developments on the KSZ in the coming days."

D220 - think there was a bit of a prolonged Christmas break before the downhole testing started at KSZ.

I'm waiting patiently. These guys won't keep us in the dark longer than is necessary, in my opinion.

Share price back at a level where people can take a position before news (rather than trying to fight a wide-ish spread after a positive announcement).

GL.

Chilston - this shouldnt go to the 5s sgsin.

Price is uptrending. It's actually close to the 61.8% fib right now.

Those waiting for the 5s are going to get caught pants down.

Watch the price bounce and news drop when this is strong at 9p. Back to NAV for starters. The chartists will confirm.