Member Info for Eloro

Add, I sense from your recent posts that you have become frustrated with Solg's management. Sadly, I have been feeling that way when I didn't follow my instincts to sell at 40p, only to watch our shareholders value dissipated by useless management. I still can't fathom why they had to decimate the SP which makes it hard for us to even leave at break even? I think that Fort is being a bit hard on you. Me, I commiserate with you because you had high expectations of Scott Caldwell. That turned out to be misplaced.

Folks on twitter are now describing solg as a lifestyle company. Indeed, management are the only ones making money here. That said, if solg was a lost cause, then they wouldn't be awarding themselves options if they will proved to be ultimately worthless. One has to think that they expect to make money here. It's just the length of time it all takes. The new CEO is off to a bad start with his poor PI engagement. Let's hope that it's because he is so busy working on a deal. Then again, he isn't new. He was part of the team who got us where we are presently. Let's see what Q2 brings.

Fulmar, still flying the flag for Capt NvS Bligh I see?😆

What I don't understand is why wasn't a dividend given to Arcm shareholders from the jv cash after you folks had to endure the fully funded raise, the SP crashing from 9p to 1.3p, and of course Mushy's legal battles? It seems that the money which Arcm gets from Anglo is only being used for fat salaries, and bonuses, while PIs gets nowt. To top it off, they have awarded themselves 5.5% of the company while folks like Jerry who have been waiting for a payday have to wait a bit longer.

On the plus side, they must expect the SP to go up so that they can benefit from their generously awarded shares😆

Ortherncopper, I didn't vote for Scott. When I said that he was not ceo material and is in fact a buffoon, I was slated, called a muppet, my partial Scottish ancestry was blamed for not backing Scott 😆

Now, finally, folks are beginning to see what I was saying.

The only thing positive I can see is that they would not be dishing out options if they didn't expect to be in the money. They expect their greed to be rewarded. So, something will happen. I just hope that we will still be alive when it happens!

Cheers PBOW,

Nice to know that he has a plan. I was hoping for some of his thoughts on timescales. I would hate for us to be here another 2 years but not much further along the path to wherever.

Add, PBOW, can you share the gist of what the chairman had to say please?

Mad Jack, under different names, you have been an über ramper of solg for over 3 years. Did anything positive result from your ramping?

Aren't we still here unsold, with no clue as to what exactly does reset actually mean and what the timelines are?

You are indeed mad.

That's precisely why I admire Joan NAL. She faced death with courage. How many of us would be able to so that?

You are funny NAL. St Jude is indeed the right saint for solg. He is the patron saint of lost causes, or hopeless cases. He would be right at home here😆

Add, I just learnt that the patron saint of miners is St Barbara. Hopefully, she will do her bit for solg. However, I do like Joan of Arc more because she was and is an inspiration.

I can only hope that you are right Add because I would hate to be here 2 years from now being told about another reset😱

Your strong faith in a positive outcome for solg reminds me of Joan of Arc. Let's see how events unfold.

Add, you asked the same question when Scott The Rocks Caldwell stated his turnkey project objective 2 years ago. Yet, here we are with him gone, and we are no further along. To answer your question, these guys could be gone by Xmas, but that doesn't mean that we will be in a better position as Caldwell's exit has just demonstrated.

Mad Jack, it's years since you have been predicting a take out price. Yet, none of your predictions have come true. Indeed, yesterday we were basically told that we will be here for another 4 to 12 years while solg build an open pit mine. I am sure that I am not the only one who is fed up with the never-ending saga here. Solg management hae done the impossible by turning a tier 1 silk purse into a sow's ear😔

More of the same😔

Years after years same dung, different day, different team. We could be sitting here for years waiting, and waiting.

The only plus is that Jiangxi should be able to get production going pretty fast because their workers won't be stopping every 5 minutes fir a cuppa😆

Agreed Add. However, there is no guarantee that we will get a dividend from a jv.

Arc Minerals did a jv and their shareholders got nothing from it. That cash there goes to pay fat salaries. Same could happen here.

Add, what do think Dan has been focusing on, and your assumptions for arriving at that conclusion?

I guess we still need to know how Jiangxi advice will be applied going forward.

It does look like a jv is coming. Why else would they have mentioned ExploreCo?

Jv Cascabel while 1 party go off to run with ExploreCo. Where will the funding come from? Are we looking at a raise?

Like I said, Solg never fails to disappoint.

How long will it take to build an open pit mine in Ecuador? 4 to 12 years?

I am not sure if I will still be alive 12 years from now.

So much for the turnkey project which can be sold!

Like I predicted and was slated for saying so, that we would get to 2 years and find that we are no further along.

SM info looks like more grandiose posting.

Like I posted yesterday, Solg SP never fails to disappoint 😞

CMG,

Perhaps I spoken a tad too soon😆

Fortunately I loaded up at 5.745p, and my grumpiness is starting to fade😆

Sadly, Solg never fails to disappoint 😞

I am starting to feel like the biblical Job!

Gold is ripping higher, and what does solg SP does? Rip lower at breakneck speed😪

Job was a prosperous man until he invested in solg!