Member Info for Eloro

No Damers,

I am gutted that after 5 years here, when I could have sold at 40p years ago for a tidy profit, I never in my wildest dream think that this would go for 28p. It's being gifted to Jiangxi. The reason I am saying it's a done deal it's because of my email exchange with one of the key shareholders after I wrote to them and expressed my dismay at 28p.

From that email, given that person's position, I don't think that a bid from a 3rd party will come. We will see by the 26th.

Slug,

I guess I am a utter moron then.

Based on my email exchange, it's a done deal.

Time will tell as events unfold. I wish it wasn't and I wish that a 3rd party will bid. But I don't expect one.

Add is right, the Chinese are not at fault. Mather is to blame along with his monstrous hubris. He brought us to this.

What I posted earlier is my synopsis from an email which I exchanged with one of the key shareholders. I won't say who because I do not have permission to quote the content of our email exchange. Fatigue, and the daunting future funding which would entail massive dilution, plus BHP and Newmont siding with Jiangxi is behind the decision to accept 28p.

Sadly PS, I don't expect a 3rd party bid based on the gist of that email. If there were others interested, they would have shown their interest already.

This feels like a done deal to me.

Redknight and Mad Jack were wrong although FQM could be the acceptable face of Jiangxi in Ecuador.

I have resigned myself to wait for the 28p cash.

Medi,

I think that from Jiangxi saved Solg from bankruptcy back in 2022, we became beholding to them. Demonstrated by us gifting them the 9p Cornerstone shares, the decimation of the SP to facilitate that cheap transaction, and to allow the gifting of cheap options. Talk of shareholders value, and Tandy open pit in my opinion was to keep us sweet. However, the nail in the coffin is BHP and Newmont siding with Jiangxi. Mather brought us to this, and at this point because of the huge capital required and the dilution that would come, 28p is the solution. Of course, nothing stopping a 3rd party bid, but if a 3rd party was interested, we would have heard from them already. Basically the BOD don't feel they can win this with the 2 majors siding with Jiangxi. Hence, one has to ask, what will they get for their cooperation later on?

I have it on good authority, I cannot say more because I don't have permission, but fatigue is the main reason; the BOD was left with no option but to take the 28p seriously, and I suspect it's the best that we can get with no other interest being shown...this could of course change with other coming out of the wood work. Basically, I have resigned myself that the 28p is the best we can get because the 2 majors have decided to side with Jiangxi.

Sorry Fort, Guys,

I don't think that another bid will be coming and I understand that BOD fatigue was the primary reason why the 28p is being accepted. If we vote against the 28p, then struggles to find funding, and severe dilution will be our reward. I expect more info will be provided to us when we are asked to vote on the scheme.

NAL, you are a classless Jackas-s. A true gentleman is gracious when his adversaries are licking their wounds. You are everything and more that I perceive you to be. One should not expect any better from an illiterate, ill bred nincompoop descended from criminal convicts.

Cheers Rodney,

I will shoot an email when I get home.

We need to coordinate as a voting block to stop this steal. They rep 40.7% so there are still 59.3% of shares not yet sided with them.

If we all vote, 25% of all of us who vote can block this deal because it will block the 75% of those who vote.

Rodney, rally the troops and vote no.

What the F-U-K-K is this?

Some one previously posted their fear that the BOD who hold SP in the p would sell down the river while they walk away with millions and that is exactly what this rns is confirming. I down see how we can win when all the big players have accepted 28p!!

Why, the grades are poor?

Fort was right, we have gifted everything to the Chinese. Sad day for all long-term holders!

Lump, I am confident that offers are regarded as per company. Warren wouldn't be getting excited about 2 failed bids from Jiangxi given how long he has been waiting. I took offers to mean per company, and as far as we know, it's only been Jiangxi. But who is to say there haven't been others that are being discussed before being made public? On the balance of probability, it's more likely that Warren is hopeful because there might have been more than one offer. Just my opinion.

Guys,

Warren didn't just say offer, he said OFFERS😆

Plus he sounds pretty up beat. Let's hope for news soon.

Cheers Rodney,

Here is Warren Irwin's December 5th comments on Solg on CEO.CA:

"[@BDMinefinder]I had 40 million shares of SolGold left after I sold the majority of my holdings in 2017. I must admit it feels fantastic when a company you have owned forever gets takeover offers. Hope to feel the same way with Colonial soon."

He is still with us.

Rodney,

Warren Irwin has 40M. If you look back through the rns you see that Valuestone bought 0.8% if I recall correctly. So, maybe they won't be rns. Scott The Rocks Caldwell should be notifying his 1%?

I am happy to wait until 2028 if necessary. Look at the SP of copper/gold producing mining companies. It will be worth the wait if we have to. A deal would be nice so that I would no longer have to endure the nincompoop 🤣😂

Indeed Add!

NAL need to have something to rant and rave about🤣😂

Add,

I take it as a positive sign that Dan is meeting with RBC. If nowt was happening, he would not be meeting with them.

Stack will be disappointed that it's not the Receiver being called in🤣😂

NAL, since you still haven't confirmed the brand of adult diaper that you use, I asked the ai to confirm the most popular brands in Oz:

1-Tena Pants. Sizes range from Plus to Maxi to Super.

2-iD by Ontex. Similar size range as Tena.

3-MoliCare. Size:Premium Elastic Incontinent Briefs.

4-Rearz Daydreamer. No size info.

If I was to guess, I would say number 3 is your brand, yes?🤣😂

NAL,

I would have thought that by now you would have confirmed the difference between you an Add?🤔

Add is an Oxford graduate which means something to us Brits. You on the other hand is a thick nincompoop who isn't fit to shine his shoes let alone debate with him on an intellectual level! Your envy of Add is plain for everyone to see. Your favourite colour must be green.

BTW, you still haven't confirmed which brand of adult diaper you wear. Can you confirm please NAL? That would at least be a positive contribution to this BB from you were you to provide confirmation 🤣😂

Fort,

In light of your posts indicating that are buying, do you regarding that as a sign that another bid is incoming?

Why buy up shares if another bid isn't on the cards?

I can literally hear you Aussie accent Add🤣😂

The only problem is that you need to sound a bit more illiterate and inarticulate!!

Cheers Fort, Add,

We have the deposits. We have found it, and they will come...buyers that is.

Holding strong and steadfast!!

NAL, you old coffin dodger. What rumours have you heard in Oz?

I know that you've got as much use as ti-ts on a bull, but do try and make yourself useful. You claimed to hear rumours on the mining streets where you are located. So?

Speculation or not, I am holding strong.

The assets are not going to vanish.

Like Lex Luther said, God isn't making any more land/ mineral deposits. Hence, Cascabel will come good👍