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I remember that post...
Here’s another couple just posted from Irwin
https://twitter.com/bigdude6669/status/1594094794267320320?s=21
“Bob Sangha is working hard to ensure that a value crystallization event happens. Fingers crossed.”
https://twitter.com/bigdude6669/status/1594095526798315520?s=21
“Questionable? If Cascabel is questionable, SolGold has fooled BHP, Newcrest, Franco and Osisko Royalties. Those are some reasonably knowledgeable and experienced mining guys.”
Correct Covgas. I’ve never known such a bunch of softies than those who come on this bb .
It’s all disappointing - first Benn and Eubank called off and now Copperpot and Slug fail to match up . Bunch of pansies....
A couple of points there .
Firstly the PIs are weary but let’s be honest ; we aren’t the major players when it comes to company strategy and decisions on the end game . We’re just here for the ride. “We” might settle for 50p .... I doubt the likes of Mather and Irwin will
Secondly, as you rightly point out, the boards performance has been questionable to say the least. But , apart from having a low SP (which imo can change very very quickly with funding , pfs , pea) that is largely irrelevant . It is about the assets . Nobody is buying the past performance of the board , they are buying the future performance of the mine.
Having said all that , I am of the opinion it is cascabel that will be sold soon and Solg will continue the cabs off the rank policy . That in itself will bring a price multiples of today’s SP
Relevant also is the macro economic situation - that isn’t favourable to us but is not something that will stop the likes of the majors looking 30 years into the future and acting now
All in all , I’m much more confident than at any time in the last year. This weeks news re the Japanese and the merger should not be underestimated . If I had funds I’d be adding ...!
Well I certainly dispute it.
Far too much emphasis on the current share price - that can double in a week from these levels no problem. Sort some funding out, get the PFS and PEA out and we’re in the 30s and 40s . Then this talk of 50 to 70 looks silly.
As always, it depends on multiple bids/interest. But who doesn’t believe that is the case ?
No , I believe a quid and over is well within our reach.
Irwin tweeted this earlier...he’s been vocal today about the merger . Nice to see him coming out of his shell...
“BHP in control? Check your numbers. Give me an example of a cheap takeover of a world class mineral deposit. Doesn’t happen.”
Thread- https://twitter.com/bigdude6669/status/1578260589037912064?s=21
(Apologies if already posted)
The thing is Bozi, the imminence of a Mitsui JV/investment , if done without BHP involvement , will surely provoke a bid. If not then DCs plans of cabs off the rank will come true . Either way , as Irwin says, it’s good news. And he’ll know more than us....telling that he only tweeted the two words...
Presumably these are the blokes who Solg tweeted about the other day . Sending out a clue ?
https://twitter.com/solgold_plc/status/1575097412401922050?s=21
I never met Bob but had quite a few email exchanges with him . He was unfailingly polite and helpful and shared a lot of interesting information . One thing is for certain - he wanted GKP to succeed and that was in direct contrast to his enemies on the bulletin boards who represent the very worst of humanity , in particular the loathsome piece of slime , Oilman
As for Surrey scot , I'd always thought that he was Paul , the uber ramper . If it was Bob , it was a very cunning disguise indeed . It hardly matters either way now I suppose .
So RIP Bob - you were on the right side ....but it wasn't to be . God bless
Under the original VCP there was no limit to what JF and his chums could earn on any sale - he was on a percentage of the increase in value from the artificial low that he had himself created through his manipulation and lies about the size and potential of the field at the time of the restructure - see the shameful and dishonest presentation made by GKP at this time ) This was later ammended by the bond holders( even they were aghast at the extent of his greed ) who put a limit on the amount he could take out of the company .
The VCP is now lapsed but the fundamental question still remains - why do the bondholders/major shareholders put up with this non achieving , greedy charlatan ? What do they know that we don't ? Sometimes I'm inclined to believe that there is some understanding between them that the final result ,if the politics ever fall into place , will be mutually beneficial .....and that the small shareholders don't quite fit into these plans . Meanwhile the full time trolls are still here a decade on .......