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As I wrote to ask why we have not heard from Solgold management about the failed fundraise and about future fundraises, have any of you long term holders written and received replies at all? We will need a secure pot to get to DFS and continue drilling other sites, surely there must by now be a strategy (or two?)? Some form of communication would really be nice, imho!
Filo Del Sol
"In connection with the Private Placement, BHP has been granted certain participation and top-up rights, allowing BHP to maintain its ownership interest from time to time, provided that such participation rights will not apply to any portion of BHP's ownership interest in excess of a 9.9% undiluted ownership level in the Company. In addition, the Company and BHP have agreed to form a joint advisory committee to share expertise, exploration concepts, and discuss future project development."
I think BHP have made a $100mil investment in this Argentinian Discovery.
The point I am making is that they are represented at board level and seem to have a far more amiable relationship
Thanks for sharing, Troajan.
What a remarkable little company, so efficient and profitable, such foresight!
Great things still to come!
Hey Sean, relax. This WILL come good. We have come a jolly long way and Mather & Co plus DGR will not lose money. The opposite, they will make a buck or two and so will we all. Wether we bought at 30p or above, it will happen! Just a little faith as the piggies clamour to line-up in a row! GLA!
Up 4% on a very small volume of shares traded. Is this a new trend as TSX rose yesterday? Even better a leak of good news to come? Just wondering?
Great differing views by members on this board and mature debate, as it should be! Thanks all!
We just don't know what's happening behind the scenes but sure there is activity, for sure!
Hope there is a reply from Fawzy etc....
Has there been any muttering from Cornerstone , that is where a leak could well emanate from?
Thanks Pad. NM was very upbeat emphasising the positives for DGR, particularly what they frequently do. Work-up and idea and sell them to somebody Major.
So when is our turn? And who will it be and what form will this take?
Time will tell and just hope this will not be damp squid! LOL! GLA as we enter another week with more economic and political chaos. Just hope Uncle Biden is recovering from his Covid as that lady 2nd in charge could be Hell on Earth!
DBW and all other Solgers. My interpretation and the evidence of this video is that Solgold are so integrally entwined with improving the local situation /population , and of course with the government, that I cannot see a deal that will cleave this union. Solgold will be very much part of whatever deal is reached behind the scenes, I am sure of that!
Your thoughts?
Yes, Bubble. A series of news. First, that Gold has reached it's bottom and that a forward looking market can see that further FED interest rate rises will be toxic. That the USD has peaked. That China's economy is getting back into gear so that price of copper improves. The war in Ukraine comes to an end with Ukraine the winner and putin disappears mysteriously!
But, most of all: what is the Grand Plan here at Solgold? What is happening behind the scenes? How ill it implicate us small investors/PI's? Will we back to 40 or maybe 50p soon? What finance deal will Solgold go for as they will need cash in the bank soon?
Great news regarding Mintails. The POG cannot remain at the current level for too much longer. Perhaps a sudden explosion soon after the FED raises interest rates? PAF has held it's current price range rather well!
Shanta get a mention in a paragraph :
"Shanta Gold is regarded as the best UK-listed gold exposure with a 29p target price based on “bullish catalysts” over the next six to 12 months from its three assets. Of these, it says the West Kenya project is delivering excellent drill results."
https://www.ii.co.uk/analysis-commentary/mining-share-tips-big-one-and-five-small-ones-ii524513
Wonder when this actualises! But would put the horns into our share price, just imagine! Silver will follow. Copper seems to have recovered a little and 3,80 0n Micro Copper. Will recover if China resumes more normal activities, surely!
https://goldseek.com/article/goldman-sachs-raises-its-gold-price-forecast-2500oz