Member Info for Dreamboatwarrior

If they’ve got any sense they’ll have built some wiggle room into their w/c 27th comment … would be a shrewd and welcome move to get the merger out of the way ahead of schedule for a change

Add sounds like royalty to me

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2150-tsx/solg/76853-solgold-plc-announces-royalty-funding-package-for-alpala-project.html

https://www.globalminingreview.com/mining/01122022/solgold-announces-completion-of-us50-million-osisko-royalty-financing/amp/

Agreed DM was thinking the same especially with the merger due to complete in the week prior to PDAC

Add ….. I think it’ll be a clean sale . I’d love a chance to stay invested in some of the other licenses and a div for Cascabel

Novice …. Sorry that’s just nonsense
Any inadequate bids could and would be easily blocked by major shareholders.

Kat …. Exactly 99% of companies carry some form of debt. , completely pointless article.
Wonder what Scott Caldwell meant by this
“I believe it is imperative to take bold action now, ahead of the close of the Cornerstone transaction”
Does that mean something is imminent prior to the merger completion? Or are they just talking about cost cutting ….. is that bold action?

Whilst I hate the price I didn’t see any negatives in there moving forward…..

Add …. I agree with plenty of that but there’s no point in looking back now, what’s done is done.
If you can see past all the crap Maxit and co have only been on board for a few months and in that time we’ve cleared the funding overhang, massively reduced the threat posed by certain overbearing institutional investors & brought major new investors into the fold. Compared to anything that’s gone before that’s fast and smart in my book.
I haven’t posted so much couple of weeks as I’ve been adding to my position and feel it’s divisive to do so (cue the halo) but I have no doubts in my mind these guys no what they’re doing and it makes total sense to clear the decks so we can rebuild from a much stronger foundation….. even if the share price suffers in the short term.
Best wishes DBW

Monte ….. exactly

Interesting article re NCM bid

https://seekingalpha.com/article/4578937-newcrest-mining-bidding-war-for-aussie-gold-miner-on-the-cards

Ag ….. thanks , if that turns out to be true it could be very interesting. One thing is for sure Maxit know their stuff re M&A ….. just need that first bid then we’ll see

Morning all …. Tin hats at the ready
Cmon Solg give us some news FFS

GGG
http://ir.q4europe.com/Tools/newsArticleHTML.aspx?solutionID=3676&customerKey=Solgold&storyID=15574581

Dave it will no doubt drift down day on day without news, that much is certain….. it’s just a question of how much longer we have to wait and whether one wants to risk jumping in and out at this stage.

Morning Add
Yep funding overhang has gone, major new institutional investors on board ….. just sit back and wait for news. Todays rather depressing share price is no reflection of where this can end up.

DG ….. I think it all depends how much people want it and how many there are ….. the first bid could be the last bid or it could set this on fire

There’s even a small cynical part of me that wonders whether Maxit etc may not have found a way to benefit from the languishing share price over the last couple of months.
My guess is that things could kick off very shortly and we’ll all have a better idea of where we stand.
Nice to see so many varying opinions offered up with none of the usual insults thrown in. ….. hmmmm wonder why

More than that but maybe not what we once hoped for

Orthern …. Who knows what the eventual price will be ….. merger completion is a watershed moment and the company has had a complete reset….let’s see what they have to say ….. any “strategic review “
Will have been thrashed out prior to merger being agreed and I can almost guarantee Nick would have made clear what he considered acceptable

DG …. Pretty much agree with All of that ….. apparently Big PR push to follow merger , hopefully get this moving north fast