Member Info for Bozi

Without turning this into a personal battle Fort, life is not all about being a smart Alec where money is concerned. I'm not desperate to buy the bottom and sell the top like some are. I've invested, sometimes I'll be too early. That's how this game goes.

I've also had a pretty good run on some other stocks, the ones you sought to ridicule me over, so you know I can't complain.

The main thing now is that SOLG recovers and we also do very well. I commend those buying now and hope they will be rewarded, you included. My point of view is that Scott is best placed to deliver that even taking into account the misgivings I've had in recent weeks and months. To vote him out now makes zero sense to me. ATB.

I've told you Fort I'm no great trader.

The difference between me and you however is that I raise points while the stock is a much higher price, thus giving shareholders things to think about and discuss.

You meanwhile, ramped the living hell out of SOLG all the way down and then only start to moan when it goes sub 10p.

One of us spots issues ahead of time and the other... well I don't know what it is you're doing exactly.

I'd say the last week or so for me has added greater clarity around SOLG following a disappointing period and all things considered, I'm in a more comfortable place with my investment.

As far as SOLG management are concerned, appearances haven't correlated with the share price and that can distort things for us.

Looking at the replies Scott and Bob have shared with members of this board and reading between the lines of them, it's clear that they considered. SOLG pre-merger to be a collosal cluster**** with a good share price. Not surprising when you consider the relationship back then.

They are now saying, or appear to be, that the SP has weakened but the company has transformed for the better behind the scenes.

How do we test that theory? It's difficult for sure but I think it boils down to whether you think Scott has sat in his office for 12 months or actually achieved things. The EA was undoubtedly a step forward and ideally we want to see further discussions with the new government tied up post run-off. It also sounds like progress is being made with the tailings plan and port arrangements.

Anyone holding stock at the upcoming AGM has two simple thought trains to focus on. One being the amended mine plan and operational plan scheduled in Q1 and the other being the ability of Bob and Dan to bring something home in the year.

For me, I'm backing them on the basis that they are now in pole position to deliver for all SOLG shareholders and when I pull everything together, I think this team is the one to get it done.

Swest - it takes however long it takes. Atlantic have zero control over timings.

All that has seemingly happened is Neil H has jumped the gun slightly and it has taken longer than anticipated.

Give how ALL have been pretty reliable on things they can control-study timings for example, I'm not too concerned.

Appearances only matter when they can be helped.

Fort, I can only assume from your 12:13 post that you've sold out and no longer hold...

I'm only joking of course. That would be ridiculous.

As you can see, it's quite easy to hold and be realistic. Next time, don't bash others for doing similar.

In terms of your point, I think you missed TheItalian's. TI is referring to those people like Eloro who want rid of Scott and also expect a sale in Q1 2024. If you do the former you can kiss the latter goodbye as it will take SOLG 3-6 months to recruit this proven CEO you speak of.

If people want our pronto, it HAS to be Scott. If people are happy to wait until 2025 or even later, then vote against Scott. That's the dynamic.

Sean - not guilty of that negativity, your honour.

Darren - as weeks go, they don't come much worse than the one you're having.

Your biggest holding very weak and another very much going to the wall - you have my sympathies.

I can't offer investment advice and wouldn't dream of it but try and remain calm. The situatiom at SOLG, whilst it has been pretty poor on the whole the last 18 months, doesn't IMO represent the current price.

I think PIs are pulling funds out of the market in a panic and some are projecting onto Scott. The situation is what it is.

I wish you well.

Tesla - Fruitbat has no idea whatsoever.

Some remember him from the ECO drill pretending to be eavesdropping in the bars in the port of the town near the drill.

Hilarious, if a little dangerous.

DBW - that tells its own story I think given that the SP has been under increased pressure for whatever reason.

Orthern - I'm not sure he's inept. To me, he has been installed as a keyholder almost with a strict remit to cut spends, budgets, etc. That was clear from the outset as he never hid it. He shelved the DFS very early and so I think there were reasons to oppose him if someone wanted to send a message, as BHP and Newcrest clearly did. It still would have been futile mind because the key players would just find another to carry the torch.

If we are to believe Bob, and I know many do, he has been installed to tidy up the mess. That means doing less or none of the fancy stuff that makes us look good. I'm disappointed by that because I wanted some regional exploration this year but I think it boils down to trying to understand the power struggle and how that impacts what we see.

Rich3r - In the absence of a low ball (and I was worried about one of them since the Mather AGM as you may remember) then I think it's as we are into Q1. Reworked PFS to follow a phased approach. By that point, we should have something constructive with those under NDA. If not then they may look for another royalty if the stock price isn't where they want it for the CGP held shares.

It's just a huge game of chess. I don't like it as much as the next person but I'm holding through because I still think SOLG are in control, as underwhelming as everything else day to day, is.

Add - anyone with half a brain cell knows this isn't Scott's fault.

The strategy is questionable but let's not kid ourselves - SOLG could have started drilling again and gone on a PR charm and it wasn't escaping this sell off.

This is what happens when a peer experiences a big shock. Investors read across.

Nobody can say they haven't had a chance to buy more stock this week. Granted it's not an easy buy but the opportunity has been there.

Voting Scott out at the AGM is shareholders putting their bruised egos before themselves. Scott is merely a proxy. They'll just get someone else and carry on the same way.

We're all locked in now. If you didn't like Scott then the time to voice displeasure was last year before the CGP merger closed.

Now we're past the mark of no return.

Virtually word for word what i posted last night with regards insider investment, except this time from the horse's mouth.

Maybe I can warm to Bob after all...

See article from Yellowstone quoting £750 per test.

https://www.yellowstoneadvisory.com/post/oxford-biodynamics-launches-94-accurate-pse-test-for-prostate-cancer?utm_source=twitter&utm_medium=blog.post-promoter&utm_campaign=0f676f93-dfcc-4ad2-885a-ba544a1b1ff4

No we're not Kapil.

As much as I want to criticise him the pattern of this suggests he has an important personal need.

Everyone else is holding firm.

Why wouldn't you given we now have a production profile to take that next step up and still an exploration portfolio that offers a variety of opportunities.

Totally disagree Fort. You're showing scant disregard for the dynamics in play here.

As bad as everything is right now in terms of the markets and the lack of short term catalysts for share price growth and the associated vulnerability this can bring, the one huge plus that SOLG has going for it is the set up and alignment of key individuals.

By that I mean Scott holding his millions of shares, I mean Mather holding his and DGRs, Bob and Irwin holding chunks for themselves and clients.

If this dynamic collapsed then SOLG would be a bargepole stock even with the asset.

The asset only carries you so far. It's not the be all and end all like some suggest. Ecuador government could get cheesed off tomorrow and take the licences back from us. Yes, whilst they'd likely be breaking an agreement or two and would be on shaky ground, SOLG would need considerable resources to get a result in court.

But I digress. The point I'm making is that SOLG are stacked with individuals who stand to lose a lot if they don't get this over the line. Compare that to HZM where the management are nowhere close to being as well invested. Watch what happens there in the coming weeks and ask if an aligned management team let's it happen. Clue, it doesn't.

Sidestepping Maxit now achieves nothing. It's 12 months too late for that. The moment they decided to pull chairs around the table and agreed to coalesce was the time to forget any rebellious turns. The same reasons why you wouldn't pot Scott at the AGM. It's futile.

The horse has been chosen. You either back it or you jump off and sell, but all notions of the company pulling alternative strokes is a hideous take.

*here

There's definitely been a read across here today DM but nobody wants to have the conversation.

It seems if you aren't hear to post positive things then you don't hold. There's an aversion from most to having the conversations that are relevant.

But agree with your thoughts as usual.

Add - a tiny portion of the free float yes but worth considering that today's volume is shaping up to be 2-3x the 20 day average volume.

This isn't me suggesting a grave issue - at nos rage have I done that. It's clear though to me at least that SolGold stands to be a poorer performer in a sector that is generally struggling due to a weak investment case.

Sean - no it doesn't but when the company pushes the next deliverable to being at least 6 months away, PIs fleeing is the inevitable result.

Scott could have got his foot in the door, went on a PR overdrive, reworked the PFS quite quickly and generally resuscitated the story.

He chose not to do that.

Fort - which industry professionals told us it's a tier?

Mather - director and heavily invested.

Irwin - heavily invested.

The PFS also gave us an IRR of 19% with a payback of almost 5 years on a Capex of $2.7bn. Chunky NPV but with a sizeable discount factor for a range of reasons.

You continue to get it wrong in everything you say Fort. Maybe give it a rest. The only people who want to hear it are those who need some reassurance from Fort's big words and grand ramps. Please bring another to the table soon...