Bah humbug18 Sep 2019 12:50
Blow me this is a slow process and challenging strategy from solgold at the moment. Still very much invested, and still absolutely confident that this will end well for share holders but it’s painful.
Who makes public an intention to buy out a partner, and then spends the next 9 months failing to formalise the offer and overseeing a strategy of keeping updates to a minimum, which has resulted in a significant drop in company value, which only makes the buy out seem less attractive to CGP?? I struggle to understand how it can have been so slow, and what the thinking is behind the current strategy with cornerstone.
I get that NM has his eye on a bigger but more distant prize, and I will gain from that. and I know that funding will need resolving soon which is another blip on the price, but honestly NM must be getting piles having sat on those tens of thousands of drill cores for so long.
Long and strong, but getting frustrated by the slide. Humbug!