Member Info for Jerryspaniel

Colonel, you say that Scott picked up a business that was in fine shape.

I would say that the business was in a mess, not fine shape. A disorderly board, unclear strategy, burning through cash on irrelevant salaries and activities not normally associated with companies in the mining/exploring industry. Major shareholders at loggerheads with the board. Senior directors leaving the company.

Scott had a lot of sorting out to do, of this company in ‘fine shape’.

If BHP ever suggest that they have a good working relationship with Solgold, we the shareholders, are screwed. They will never be on our side as our interests are diametrically opposed. Anything we do, in the interests of the company, they will oppose.

I might be inclined to do whatever upsets them the most......

That is indeed very sad Bamps. Everyone who has met him would agree that Geoffrey was a true gent. Kind and gentle yet firm with his beliefs. I had the pleasure of meeting him a few times, first time at the inaugural Stroud meet up. My thoughts are with his wife Jennifer at this distressing time.

Pooroldman. Live up to your name and sell fgs.

Agree Add, but some seem to be very emotional about these votes and are not thinking straight. They clearly dont realise that the alternative is far worse than the current management.

If you decide to vote out the board you should sell Solgold and buy BHP shares.

The colonel's kamikaze strategy will probably get a bid at 15p. TINA than to support all of the board and all of the resolutions. I will even support NM although I find him fairly repulsive.

SVE distribution probably in Jan.

Bamps, you have just explained why you should be keen on AGMs! Subliminal messages are really important.

I think you should all listen to what Starbright says on the GDXJ, as he is correct and does know what he is talking about. Its a fairly complex situation for those not in the industry but as I used to trade index arbitrage some years ago, i do know that he knows.

So Anglos are shutting the Los Bronces mine in Chile and Cobre Panama are having to close theirs too. Given that the S/D of the metal was in balance this should mean that copper prices rise substantially in 2024, IMO.

With the sp pretty much discounting any value at Alpala, I am now firmly on the side of the bulls, despite what NM and Cuzzubo have done.

Exactly BBG, its ludicrous. But thats where the sp is right now. Ludicrous.

I am not suggesting the following strategy but its indicative of how far the sp has fallen and how many other opportunities there are out there for a mine finder.

So why doesn't the company do whatever it can through jvs, streaming, forward sales, royalties etc on Alpala to raise some significant much needed cash, then GIVE AWAY Cascabel to the Chinese and use the funds to explore all these other prospects. The fact that would probably create value and a rally in the sp, just shows how far this has fallen.

The other way of looking at it would be to say that Cascabel almost has a negative value within an 8p share price. Pretty daft situation.

Afternoon MF11. I think Shaun was just telling people what they wanted to hear. It will be many many years before we are in the position where GGP can pay a dividend and I will be long gone by then. The suite of assets/projects/tenements have so much potential that I think there will be a great demand for the Havieron cash flow, and thats what makes GGP very exciting. To me anyhow.

Morning Speedy. Nice to see someone who understands dividends. Generally high yielding stocks are ex growth, otherwise why would they pay dividends? Not sure why folks on here, who invest in a gold explorer and developer, want dividends as that couldnt be further away from what GGP is.

Of course it could be a barbell strategy - if they knew what that was.....

So have I BBG. Dont see there is a viable alternative to plan A. Monetise the asset asap.

Any motions voted down will probably cause the sp to weaken further and if some are voted down, the company will probably go into liquidation. IMO.

I find it very odd that it was an uncharacteristically bullish comment from Shaun. I really dont know why he would say that. Obviously I can think of some reasons.....An interview with him might help.

RK, your 11.21 post. Totally agree.

I am in exalted company…. Maybe we should form a discussion group?

RK. I am intrigued that you were a GFD. Just how global were the Bradford & Bingley?

RK, you are absolutely correct that it isnt a straight read across. You might struggle to compare reserves to reserves?

Having said that its definitely not bad news.