Member Info for mattlilly

COPX not far short of a 12 year high...

GDX and GDXJ close to 2 year highs...

Bring it on...

And gold...almost 2300...

And silver...4 year high...

And COPX

EQX

GDX

GDXJ

Willem Middelkoop was right on the money...

Junior miners boom like we ain't seen since 2011...

Bring it on...

Even without non dilutive funding, sale of non core projects, bids for SOLG...

Theres a perfect storm coming...

100p anyone...?

There are 89 other tenements in total HH including Bramadero where CGP only owners a small proportion.

I imagine that would be more difficult to sell unless Sunstone bought the remaining 12.5%...

That would be a non diluting fundraiser...

Six quid by year end...

Toure to come but wait until the institutions start buying in anticipation of ATYM's entry into the FTSE350 in May...

Let alone copper going on a tear...

Just look at that UT...448,000 quid...bid coming...?

Sclemiel...get it into your head...non dilutive, non equity funding.no placing....

However magoos right..

Thanks HH

HH is highly credible for those that follow him on all sites...

Novice...do you sit there counting until you get to 99...?

Oh and BTW its Friday (55p.....)

Or as someone once said...

"Its Good Friday...its good any day..."

And finally the late great Charlie Watts at Old Trafford...

"Hello Manchester...its good to be here...in fact its good to be here anywhere..."

5 June 2018...he was just turned 77...sadly missed Charlie...one of the greats...Jazz drummer...

TR1...?

Where did you find that Champions...?

And northerncharm...

BTW if ChinaBlue is on here he's just shown why he is filtered, with his false and demeaning tweets...

You are correct. That was slipshod posting done too quickly.

For the sake of correction

"as soon as an informal approach is announced..."

You too mate. I'm flying to Madeira on Sunday weather permitting but I will still be reading every one of your posts.

HH is accusing me on Twitter of plagiarising him.

For the record I have never copied and pasted any of his tweets without giving due credit and indeed have in the past said "HH on Twitter has said..." or similar.

Second. He copied and pasted a brief excerpt from the Takeover Code.

I was already looking at that and his Tweet triggered me to look at Rule 2.2.

As a result I copied and pasted the whole of Rule 2.2 DIRECTLY from the Takeover Panel.

For clarification.

Look at the header mate...

So let me be precise

As soon as an INFORMAL approach iu announced...

Angels on the head of a pin...

Thanks for the mention Scotkio. I am disappointed that you felt the need to exaggerate in your tweet on HH's stream.

The heading to this thread is "Informal approach."

I.e. there is no formal offer or formal offer period and Scott would not be precluded from buying shares once the 'informal' offer was announced publicly and until any offer was formalised.

Even after a formal offer the following terms of the Takeover Panel Rule 9.1 apply:

"Directors of a company which is subject to an offer or a possible offer will be presumed to be acting in concert from the beginning of the relevant period as defined in Rule 21.1(b) or, where Note 9 on Rule 21.1 applies, from the beginning of the offer period. The normal provisions of this Rule will apply in these circumstances. At other times, directors of a company are not presumed to be acting in concert in relation to control of the company of which they are directors. Subject to the constraints imposed by the Rules, directors are, so far as the Code is concerned, free to deal in the shares of their company. "

In other words there are still circumstances in which he could buy shares provided a formal offer was not accepted.

No they wouldn't...as soon as a bid is announced it is public information...until a further bid is made...

But he could buy them as soon as the bid was announced...

You and I both know that when a bid is announced the shares go higher on speculation of a counter...

To remind again...if the Noront Directors had bought shares immediately after Wyloos first offer for the company they could have made 250% profit by the time the final bid was final...

And if the SOLG Board declined the first offer, Scott could reinforce the implicit undervaluation by buying shares...