Member Info for Bozi

I'm not sure Mather will sell DGRs full position but i can certainly envisage him releasing 12 months worth of cash.

I know who my idea of the acquirer would be...

We're stuck between a rock and a hard place aren't we though Gino?

We won't be happy to see any equity raised down here but at the same time any royalty financing squeezes the margins just that little bit more.

I think that's what calls for other options, unless the phased PFS shows attractive early returns which strengthen further for some considerable time as the footprint of the mine grows.

The question we all have is what they believe the first pillar is...

You'd hope so Legalwolf but I'm starting to think we've had to go to Zim to get off the perennial duster trail in Bots.

I'm not closely tracking the Hillside drilling but I'd guess 4-6 weeks at lab.

The actual positive points with this company right now at the PB and PWB support. Let's hope they, and we by default, are rewarded.

So it transpires that ARCM have had some scout drilling success in the KCB and in the same contact/formation we were exploring with some drills 1km apart.

It's time for Ben and KAV to review all the experts and geophysics we've been using.

Deary me...

Eloro, you said and I quote,

"I previously mentioned the possibility of a reverse split. Now others seeing that as a possibility. Not good."

So you spread an unsubstantiated rumour and claimed negative connotations based on absolutely nothing at all, because that is your game here.

Instead of addressing ramps on Twitter where they are made you bring them here. Why?

I'm taking NMMs advice here. Good day to you.

Wrong on all counts Eloro. You might as well give up my Canadian friend.

You've got to be aware of his this looks? It's entirely reasonable to have any number of misgivings about SOLG but when you're raising a reverse split and labelling it a negative when such an action has not been touted by the company... it just isn't a good look.

You'd retain much more credibility if you discussed the actual risks and challenges we face.

That's all I'm saying.

Don't hide behind your egos fellas. Back your pessimistic attempts day after day after day, on any matter you can possibly draw on, all whilst continuing to hold the shares.

At least know what you're talking about when you construct these arguments, and and be prepared for some of us to refute it. It's as simple as that.

There won't be one Add.

Unfortunately, Eloro can't tell the difference between companies that consolidate simply to increase the share price and reduce the shares in issue with ones that do it purely with the intention of printing new equity at every available opportunity.

This is being heavily worked downwards. All the new LSE accounts and previous holders lining up to stick the boot in.

The update wasn't great and the webinar didn't arrest the slide but this is getting ridiculous. It's all rather disingenuous and we'll soon learn about how many of these investors subsequently buy the bottom.

Seen it before.

Right you are Gino. Never knew that.

Hahaha nice try Eloro but not quite true is it.

You can step into that life raft at any time. There's a space for you, however, you've left a family heirloom in your jacket that you put on your estranged fiance.

But you can get yourself to relative safety with the shirt on your back.

The fear that keeps us all here is universal. It's the fear that management plugs the hole, keeps the boat upright and makes it safely to the big apple. Bright lights, Big city...

Eish - I'm not really following.

We have one of the largest undeveloped copper/gold/silver assets in the world.

The government appear to remain supportive from what we can gather.

Cobre Panama has closed and other mines are working through dwindling stockpiles, meaning that the next significant asset will be needed in the next few years and prevailing prices ought to be favourable.

The fact of the matter is that SOLG, being a fledgling junior with aspirations, hasn't been able to progress Cascabel quickly and directly enough. We all recognise that. The company has had managerial problems and other exploration ground has served as a distraction.

A robust phased plan and amended IPA will, I hope, be enough for someone else to take this on. It has to be because we simply can't do any more (as we are anyway).

The issue with "falling over" if you mean what I think is that you surely have to be looking for investments that meet a suitable time horizon? We all know that on average it takes a standard tier 1 deposit on average about 15-20 years to get from first discovery hole to first ore. We all have to take this into account when pressing buy or sell.

So Eloro, we're on the HMS Titanic but it appears you're taking your chance in the icy Atlantic rather than jumping in a lifeboat and waiting for a recovery vessel?

ToS - we're all in the same boat. You aren't alone by any stretch. The SP has traded between 10 and 45p for the last 5 years and that has led to a lot of investors averaging up or averaging down. As such, those with a single digit average will be in the envious minority.

I completely share your ire with the 120p shout but we have to look at who is making that call. That particular poster has ruffled no shortage of shareholders in recent weeks with their brazen ramping and inability to discuss the company and all of its risks and opportunities.

We all embittered though, and incredibly jaded. Don't think differently for a second just because I'm trying to look forward with a glimmer of hope, and that's all it is by the way. Hope that a generational asset can come through in a market where new discoveries aren't keeping up with demand.

It's darkest before the dawn and all that.

Eloro - it may or may not move the dial. So what?

The company can only do what it says it will do, which for this Q is to release the phased PFS. Whether it moves the dial or not will depend on whether investors think it makes the project more attractive to a suitor.

One thing is for sure, there are a number of people working this hard, so much so that discussing SolGold has become absolutely tribalistic. On the bull side you've got BBG and on the bear side you've got Eloro, Orthern and ToS1963.

Nobody seems to be discussing the story in the context of the SP, just bleating about it being so low. But one incontrovertible fact remains, and that is that SOLG is a much better value buy now at a £220m cap than it was at £500/600/700m.

So do folks who claim to hold want to rally round this management in the hope they can achieve what we all want, or do we want to just sit here all day firing clever quips to make ourselves feel better?

When sentiment turns it'll be hilarious. You'll all be falling over each other to state your bull cases and advertise what superb investors you are.

Some of us will remember...

Eloro - we are three weeks into Q1.

Leading with more weekend negativity again Eloro with a final sentence to cover all bases.

I'd quite like you to be right in a way. Get Cascabel to a status where someone can walk in, drop a decline and some infrastructure and be into ore in a couple of years.

If they don't buy in 2024 then they could very well be forced to pay double in 2025. The macro should only really improve from here.

Dug, it's not shareholders exercising their right to sell I have a problem with. It's the relish with which the attack on the company is being carried out by former holders and non holders alike.

If we revisit some of your posts from prior to the update we'll note a tone of not expecting exponential growth form the first lot of figures and a narrative of this being a steady build as the company processes and markets the existing tests.

Yes, it's clear the figures came in a little short but do you seriously think it merits a halving of the share price? Of course it doesn't.

People know what they're doing here. It's typical of AIM I suppose. Rotten market full of vultures.

Well these results have been played to a nicety by plenty. Virtually 50% wiped off in 3 days.

Vultures.