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Same, I’m slightly down on my recent buy in price but as long as you can see the true value. I can’t complain to much as the unrealised potential is why I’ve bought in but it cannot stay low forever and I’m thinking it will go straight up when everyone wants in. :)

I thought the full feasibility study was expected Q1 next year? He mentioned it in the April webinar saying he expects a re-rate of the share price. Did they change it to Q2? I actually expected them to have it done early Q1.

I expect a rise in Q3 this year as well to around 40p or more with a bid but I’m thinking by re-rate will be new highs? Either way in 6 months time I expect the share price to be much much higher.

Its those first world countries that complain the most even though they are still living the high life from the industrial revolution and the environmental destruction that caused to the environment. I’m not vegetarian but I watched a program recently and the biggest destruction of the rainforest isn’t logging or mining but actually people creating land for cattle which I had never even thought about.

I expect an offer will come in October as he’s said in the April webinar he expects a full re-rate after the full feasibility study is completed in Q1 next year. Meaning it could be the only chance they get to make a low offer. Let’s not forget the 117p broker view isn’t for when it’s being mined but is an indication of what the price should be now/within the next 12 months. I can’t find any gold play with as bigger upside as SOLG and with as many brokers covering it I’m struggling to see why it’s so low other than the fact it’s in a random country.

But they currently at 90p, so 140p isn’t that good of an upside? Even Solgolds lowest estimates are way better. If it was me I’d sell after the rise on merger and move to SOLG but then again I'm probably bias.

I only just noticed the Hannam rating of 116p. I think when this gets going it will take off and if it stays low then it’s just more attractive to be bought out. I know I wouldn’t accept anything less than £1 for a buy out.

Yes it’s a good time to buy in. Director buys show that as they know more than anyone on this board. I actually think this board is very critical of news which can be interesting but looks negative and probably puts some investors off. Basically they want to buy cornerstone so they have 100% of the project which gives more control and makes negotiations much easier as well.

I think it’s a low offer by price per share but when you take into account the shares offered and the fact SOLG is undervalued it might actually be better than them getting offered a 40% more by a different company further down the line. Be interested to know what cornerstone holders think if there’s any that read this board?

And in the Financial Times, expecting some more mainstream news which is what this company needs. It’s still under the radar.

https://www.google.co.uk/amp/s/amp.ft.com/content/c263084e-1330-4cef-ba53-32b394a7080f

I thought she said they would be answered as part of the next webinar. I see some negativity recently but i am very confident of SOLG.

The 5 to 6 Alpala he mentioned does sound pretty good and I can see why he doesn’t want to sell the company. Imagine over 100 million ounces of free to mine gold.

Why are pirates called pirates? Because they webinarrrrr!

Yea it would be nice have more rigs or maybe some overtime from the employees to make up for any lost time from caronavirus. Mind you I don’t think they had much downtime and the share price is what it was in 2011 which doesn’t really reflect how far the company has come since then. Webinar tomorrow which I have a feeling will bring good news and a rise in share price to lift me from my buy in price. :)

With other companies I spend ages looking into the technical details, news and doing calculations etc. But with SOLG I only bought in recently but got in cheaper than the recent director buys and the larger company investments which probably had a whole team looking at this. I am confident this is more of a sit back and watch it grow sort of an investment. The directors don’t buy in to loose money so let’s see how this performs going forward.

I’m fairly certain this is the bottom and the recent low due to covid was only due to panic on if gold etc would still be desirable which we will know for a second wave that it certainly is. It was on its way up and the placing it was halted it. Quite often the share does drop to the discounted placing amount but soon it will continue going up as it was It was. I don’t think it’s going to be stuck as this price as it was for a little while before. Just temporary due to the placing.

No I didn’t notice. Do you mean the reiterating of the broker views as I’ve just noticed that?

Sorry I meant investment, obviously I don’t have any involvement... !

Thanks, I’d apply but I have vested interests and I’m hoping for more than 50k per year from my involvement. :)

SOLG is a much better investment than GGP when looking at the proven figures. To much guesswork in GGP. Many of them are dreaming of a gold resource of what SOLG already have 100% of. Shame we don’t have the processing facility next door but when things get going this will fly.

In the April webinar they describe this as the most financeable project of its kind and says there’s been increased interest from gold financiers due to the current state of the economy.

https://m.youtube.com/watch?v=DKKB1dqP9TU

He also says they are looking at the true value as apposed to the current share price / market cap. The current state of the economy can only have a positive effect.

I think this is the lowest the share price will ever reach going forward. The current price is the same price BHP got in at and the recent director buys confirm that this is the bottom so it’s only up from hear. :)

Nvm ignore that not the largest so far I was using another site which didn’t go back as far as LSE but still think some news could be stored up.