Member Info for earthling

can you explain how they will have 23% of SOLG by buying Cornerstone please? I think I'm missing something?

that this recent news re Cornerstone is a WIN WIN for us

What ever they do get for their 15% then it will give some indication of what our 85% is worth at the times a deal goes through.

Personally I trust NM has his bases covered and it could be the start of a bigger take over of SOLG once the PEA figures come out.

I would like to see the additional drilling results since October, on which the MRE2 was based. added to the PEA, it just makes sense to do IMO, even if it mean waiting another month

I wouldn't have thought Newcrest or BHP bought their relevant share interests without a view to getting more or the whole shabang

I have a feeling things will get very interesting over the coming weeks/months and I for one think it is too risky being on the sidelines completely at this stage, obviously thats my own opinion and its up to every individual to do whats right for them.

Lots of good news to come, just the beginning really.

or why would/should they reply to such requests?

not sure its the same model as Sandstorm though, didn't they buy out Marl's 30% of their high grade gold asset?

After some reflection and research, that unless a very good offer indeed is made for their interest by us, then its not in their interest to accept the current offer.

As the resource gets more valuable, so too will cornerstones share, why would they give it away cheap now just as NM isn't going to give our shares away cheap, when we could be couple of years away from the point were by they have to cough up cash to keep their interest.

So I think the more likely event is that cornerstone will get bought before too long, prob by another 3 rd major who will then also have a stake in Cascabel.

That's when it gets interesting IMO and the big offers for SOLG might start coming in, even by 2 or more of the majors involved. It was suggested some time ago by those with experience that the costs involved in mining this may require a consortium, well that consortium may already be grouping together eg Newcrest and BHP.

IMO it was a shrewd move by NM to put the conditions in place to stop BHP making a hostile bid, and with Newcrest recently going with Cornerstone in a JV I believe, things may start to heat up once the PEA lands and the initial figures are released.

I'm hoping we get a third MRE before the PEA to beef it up further.

As long as we keep our majority stake then its a WIN WIN IMO, who ever gets hold of Cornerstone and their 15% of Cascabel

It would be nice to get 100% ownership at this stage from Cornerstone, but at the end of the day I don't think its a game changer if we don't, as I recall back in the MARL days where I think they had a 30% interest in the asset?

85% will do me if NM doesn't manage to pull off what would be a difficult move to accomplish.

Just musing but its getting interesting :-) which can only be positive for PR and value IMO

CGP down 1% I think?

I think if there were any concerns we would have seen some big sells instead of buys, although I haven't checked all the trades today yet.?

And Cornerstone would be flying would it not?

we are up 2%, anyone checked their movement since the announcement?

looks like they want the block lifted so BHP have the chance to buy their stake, even if this happens, which I cant see us doing, we still hold a majority interest and it might speed up BHPs bid for the lot?

For me its the start of the process, a massive positive IMO

tick tock

Hope we get a response from NM after this too, just to give us all some clarity.

at close of play?

exactly that was my understanding re BHP, I don't think in the terms they are agreed that they are allowed to make an offer for cornerstone, but I could be wrong

I imagine Nm has this covered and may even release an RNS to respond to them publicly? either way its not a concern for me as if we take this to feasibility they have to pay us a percentage of the drilling costs, and don't think the cornerstone share holders would turn down the offer, which is good one.

It is of course the initial offer and it could well be the start of normal negotiations in such matters

Personally, I think cornerstone know it s a formality that their share will be bought and they are trying to gett the best price for it, whether its us or someone else, good for them I say

He is the best hindsight trader in history

Just said should have sold for a half penny gain when Unless I’m mistaken a just a couple of days ago he was claiming we are due a bounce and it was a good price ??

needs an MRE3 to incorporate the results since October then I'd rather wait

Personally, I'm hoping for a resource update so the figures can be used and added to PEA.asap

Once they have the costs etc shouldn't take long just to add the resource proved up since October, makes sense to me

doesn't really ad up though mate your analysis, ramping vast when if you look at its SP performance and where they are compared to HUM

All IMO of course

Are you still around here?

Interested in your thoughts ?

thanks for reply, what are the costs please re ii?

I think on the free version of advent there is a delay in live price? unless Im doing something wrong ?

from having a look around there doesn't seem to be a free site for live prices and trades other than money am which someone has said is closing down.

looks like this site here is the cheapest at 23 quid a month to get that data?

23 quid a month here I've just looked, better than the advfn 93 quid

Live prices and trades is 93 quid a month from what I’ve seen

Does anyone have any site where one can look at live trades and prices as for money am without paying?

How much is this site for level 2 and live prices ?

Responses appreciated