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No Fort. Evaluate all options and press forward with the best solution towards the end of Q1.
The company doesn't need to raise the funds for thr accounts to be signed off. It just has to show it can.
First we have the Caldwell irrational hate campaign and now you're urging the company to carry out an immediate financing. Folks could be forgiven for thinking you want some more share price weakness...why would that be Director of Dreamy Ramps?
So Q1 Fort, yes?
So let's not split hairs over a couple of weeks.
My rather simple point was, get the AGM out the way and get everyone safely re-elected. See what the markets are saying in the new year. Evaluate all options.
So Fort, after patronising me about what is in the best interest of shareholders you go on to state there's a better way of funding the company.
Way to go me ol mucker.
Fort showing his true colours today.
Blanca is an epithermal target and it's good to see some very promising grades in the rock samples. This is maybe the breakthrough SOLG we're looking for when doing the last exploration campaign.
But this will only ever be an appetiser for Cascabel. The chances of 1000m high grade cores is remote at best anyway.
The comparison with other companies is amusing too. I can see why the GGP investors were frustrated. Clueless to put it politely.
If there is one thing any undecided investor should do it is not listen to the noddies on this board. Fort leads the group.
No Fort.
It's not going to be a nice AGM because plenty of PIs are going to put their egos before their brains and engage in a protest vote, despite it being quite possible that we could for example, secure our mining agreement by end of Q1 24, publish the phased development plan by end of Q2 24 and potentially have a value creating proposal on the table by end of Q3 24.
All timeframes are indicative and not quoted by the company.
Instead, let's can the CEO and the bankers engaged to conduct the strategic review, thus throwing the company strategy into complete chaos.
It will be the final act of self destruction from shareholders.
It amazes me people think there would be a long list of candidates willing to take over when the previous two CEOs had barely held the position for 12 months apiece. Delusions of grandeur.
Just think Eloro, how will the godfather (Irwin) be voting?
Will he let any of his misgivings about the direction of travel get in the way of his decision making? I think not. 😉
Hold the line or take your stand. That's what this boils down to.
NMM - I do think the goalposts have shifted though back from when the merger was announced.
There was a clear bullish tone from Scott, Bob and Irwin in the aftermath about how the company would move forward but I feel that once they got their feet under the table and started dishing out NDAs then the size of the task was revealed, and that has required a delicate and gradual rowing back.
It's all unfortunate but that's where we are. I'm putting it down to not being careful with their communication from day 1 rather than being duplicitous.
Another reason why I think they need a further year.
What difference does the number of shares you own have to do with it? Quite the willy waver aren't you?
There certainly isn't a positive correlation with your knowledge as all you do is post rampy conspiracy theories and hit jobs on any poster you disagree with.
Sat up at 4 in the morning stressing about your stocks? Spot of the old insomnia? A clear sign you're rather over - exposed here and no doubt heavily underwater.
BBG - anyone with half a brain cell recognises NotMuchMoney from their previous and highly respected monikers...
Your stated of rabid desperation is getting to you now. Get out in the Aussie summer sun and let people who know the business and know business converse.
Ship - I disagree.
It's all very well SOLG trying to buy time with the market but if the data room incumbents already have all the details and models then why didn't they bid when SOLG agreed the termsheet with the government a few weeks back?
Why also, are SOLG spending funds putting together updated reports if they aren't required and instead they could just be focussing in getting the remaining permits through for Cascabel?
It doesn't add up. SOLG are doing the work because they've been advised that it needs to be done. I strongly suspect we'll see it done and then we'll se movement.
Fort - to put it quite simply, I'm not desperate for the money. I'd prioritise a proper process of marketing the company for sale and delivering a palatable outcome rather than trying to rush a deal through in 2024 but that's just me.
I've been completely consistent on this as well. Selling this project or company with the tailwinds of a commodities bull market is what it's all about and what it has always been about.
The issue with your gold shout is thst gold is reacting off the back of temporary economic concerns. Countries are staving off recession where they can and whilst that provides respite for gold, it's not ideal for a company that has a generational project. Everyone knows it's a relatively short term move. That's why the gold miners have bounced but are hovering in previous ranges - they're not breaking out to new highs are they?
About me being stuck in the headlights - you recently remarked to another poster that you have sold no stock. What does that say about you? Hardly Sprott or Buffet yourself, are you?