Member Info for highflyigman

What % votes are in the same corner?

Nik, Cornerstone, Tenstar , Bell Potter, DGR, Maxitt, slow 'n stupid Bob, Jiangxi ( still no idea how you spell it ), sleepy Scott Caldwell... who else is likely to vote for and who else from the major players is likely to vote against?

Also, if we're 'way down' Newmonts list of priorities, aren't they likely to keep the status quo in order to have a chance of getting a small & fairly insignificant to them bit of cash back in if these muppets can ever monitse our assets? C

Indi123 Re Post stating SolGold need to pull up their Hiking boots.... IMHO I believe your overarching point to be correct, the govt will want Cascabel progressed significantly during their short term, but SolGold want fair value and that involves having the IPA in place which is with the Ecuadorian officials.

I believe updated PFS to be in good shape and wouldn't be surprised if the 'expert' input to it has been provided by strategics. Let's hope the AGM scrapes through this week, IPA and updated PFS land early in the NY then we've shown our hand a then let's see what the market makes of it.

Could see an all time bottom in the SP next week followed by a sharp reversal in Q1. C

I agree with your point RK. Why on earth the BS shares weren't placed with one of the strategics has puzzled me for a while and seems like a lot of needless share price destruction could have been avoided. Management must have know in a poor market with an illiquid share and a volume seller would have destroyed the SP, and all in the lead up to the AGM. This must suit someone but who and why?

Texasminer - new profile, only created Nov '23 and only ever commented on SolgGold and all comments bearish. With C/A in the air I think people can see through you my friend. Just out of interest, how much do you get paid to trot out this tripe and is it actually a job?

Agree the price could go lower thought, but it's evident from this week the company are trying to resist that. At these levels with things drawing to a close I think this is potentially a great opportunity for anyone with dry powder to deploy.

Without BS Capital going bump and puking millions of shares onto an illiquid market we wouldn't be at these levels and it suits someone to keep us here.

I disagree Texas, doing an equity raise at these levels would be madness for everyone, let alone PIs. Aside from that, what's the point raising further cash if you cannot sell the assets you find as it makes the whole business plan unviable.

Management have been working to derisk the project for approaching 12 months whilst lining up buyers, of which sounds like they have a few and they are coming to the end of their DD, therefore asset is the way I think this will go. C

Full disclosure, in a subsequent message Warren clarified the last sentence was his comment, not Scott's. WI is a realist though and if that was his conclusion then that tells me all I need to know. Either way, we're approaching stick or bust, but we've got a good hand and a supportive administration to work with. C

Warren spoke to Scott a few weeks ago at the Denver Gold Show and this was his note to me post meeting...

'Had a good meeting with him. Little by little he is moving the ball forward with the usual suspects. Hopefully sold by the end of Q1.'

I expect permits and the updated IP agreement are imminent, revised PFS to land early in the New Year. As aslo recently communicated too, any interested parties DD should be drawing to a close so things should get interesting in the NY.

If anyone wants to take a flyer pre AGM then great, but I'd be surprised as there really would be not a lot to gain as far as I can glean anyway.

Wish I had more cash to buy in volume at these levels.

Nice to see management coming out swinging this, nothing that has really shifted the dial but I'm sure still more to come pre agm. C

Well, I've reluctantly voted I favour of the board today and will do the same with the wife's shares over the next few days.

I'm sure things haven't moved as quickly as they would have liked and I'm definitely not impressed with thr current SP but they get one more term to get this sold or they are definitely toast next year.

Have a great weekend all. C

Just block him Slug, think everyone else has, utter moron.

It felt like there was more to yesterday's RNS than meets the eye, Porvenir put into the limelight for a strategic reason?...

Maybe wishful thinking on my behalf, but could we about see a master stroke from Baseball Bat Bob? Like Fort says, sell Porvenir first then we get some kind of benchmark for the later sale of Cascabel as it's a much higher grade and size asset by many multiples. Hummm

Add, Bozi, Covgaz... agreed with most of what's been said here over the last day or so. I also share Forts frustrations, but voting the Maxit gang out at this point would be akin to cuttings ones nose to spite our face. They get my 2mil + votes this year... reluctantly.

On the plus side, like WI has said, Interested parties DD must be drawing to a close now so either way, early next year this will hopefully be coming to a close one way or another. ATB, C

Permits to commence construction and an end date to the SR is what we need. Hopefully end of Q1. C

If you want to get the attention of SolGold and voice you concerns pre agm like other investors, do it on Twitter and @SolGold. This BB is for pensioners to wile away their days and have pointless arguments with other small time investors and wierdos. Join the debate on Twitter ......

https://twitter.com/Mark_IKN/status/1725514582960087202?t=gD2BXAdALXU4Sl2wGVf_qg&s=19

Completely agree Slug, Twitter is a much better platform if you want to get the companies attention....

TI is right though and to be fair if Scott delivers an updated IP agreement and permits which facilities the start of construction at Cascabel pre AGM the n he's done a good job IMHO and well worth another year.

On the SR, they need to derive how many of the 20 interested parties really are interested, tell them to they've got 3 more months to complete their DD, then put an end date to the SR of end of Q124. Then watch the SP retrace back to more palletable levels.

Next steps I want to see are permits and an end date to the SR then I'll add even more.

Have a lovely weekend all and just remember we've got great asset which means we'll get there eventually. C

HH commented those reports are always well out of date. He said one of his closed shorts didn't get updated for months. It must be closed by now RK as they'd be living a very dangerous game otherwise with the AGM due.

Added another 90k to an already decent position Slug... we simply cannot be heading into an AGM without a red dot that represents serious strides forwards... I hope!

Re: Post 21.57 from Fort. Spot on mate. Like you, I hope they have a rabbit and a hat handy as otherwise the management are under serious pressure given they weren't exactly given a ringing endorsement at the last AGM. Don't necessarily blame Scott as he's been tasked with the donkey work of getting the ducks lined up, it's the SR that's so far in all liklihood behind where they would have liked, and that has put them under serious pressure. Still, they've played this game before and there's still time. C

Would be good to know actually Elro, might be worth asking him as he's a pretty accommodating guy... would be nice to know just how close to market value we could get. What was NAV again after the merger, 62p?

The companies comms strategy is an absolute mess. No wonder we are down at these prices.