Member Info for mattlilly

"The exclusion from the top tier?"

Doesn't make sense. She made that choice when she took the job

Filtered...didn't even bother to read it...you're far too clever for me...

You know what...this is my day job...this is where I apply my accumulated experience to try and make money for myself and my wife.

I come on here because there are always people wiser than me, but also who share facts and/or opinions that help me to make my own decisions.

I've been fortunate that since my retirement my wife and I have made enough money out of SOLG and ATYM to never worry again and drive a nice car. I don't live in a mansion, just a terraced house...we have sufficient to be happy and, apart from my prostate problem we are both very healthy.

There are seriously good people on therefrom whom I draw and learn and there are many others who are genuinely grateful for any help and guidance they derive from sensible posters.

I share what I share not to brag but because I want others to be as successful and happy as we are. I was devastated that people I knew lost money they couldn't afford to, including pensions and marriages on Sirius...

Of course I have always know that keyboard warriors would, for whatever reason, trash what I post and in general defame, undermine or belittle what I post. I don't lose sleep over them. I have at least 30 filtered.

I only post on a couple of there Boards here...ATYM and JAY occasionally. I openly share my investment decisions not to brag but so that those who are interested can get an insight. I don't expect them to slavishly follow.

I have a few close local friends who I also keep in the picture. They bought SOLG after I told them the story. I would never advise anyone on investments. I was paid to do that as a professional, but I strongly believe people should make their own minds up and that is the main reason why I post research and information that I come across.

Thank you to the good guys. You know who you are.

Thank you also to those who read and observe and occasionally post their thanks.

For those who routinely trash, insult, defame, etc. all I can say is I truly feel sorry for your family and friends...

Hiding behind a keyboard to anonymously bully people who are doing their best ranks as the lowest form of cowardice.

BTW I'm not angry. If I don't filter I often laugh out loud or simply find people's behaviour pathetic.

Thanks for reading. Lets hope we can soon make our fortune here and get the hell out of here...

Cheers

"Noront Resources Ltd. is a mineral exploration and development company."

Just like Solgold...

https://www.afr.com/street-talk/bhp-puts-large-scale-mining-m-and-a-back-on-the-map-20220808-p5b86e

"It’s game on in big mining M&A.

History says when one of the big miners starts opening the purse strings, the others cannot resist the temptation.

While BHP has work to do to acquire the OZ Minerals (which, to its credit, is playing hard to get), the talking point on trading desks on Monday was who would go next.

Consensus was that the big miners are arguably in their strongest financial position in nearly two decades, and would have investor permission not to waste it.

Activity, as BHP showed, is expected to centre on anything that can help future-proof of miners’ portfolio and fuel their longer-term shift into green metals required for EV batteries and electrification more generally. BHP obviously likes copper and nickel.....And the shopping list’s likely to be tier one assets in well-known mining jurisdictions."

https://apac.cib.natixis.com/m-a-pulse-in-apac-articles/focus-on/articles/6-trends-impacting-metals-mining-m-a-in-2022

"We expect competition for asset sale processes to remain very high in 2022, with multiple competing bidder groups with significant financial capacity and appetite for growth, together with a strong commodity pricing environment provides favourable market dynamics for sellers. There are some clear potential headwinds with global geopolitical uncertainty owing to the conflict occurring in Ukraine, and the legacy being left from the pandemic which looks to be heading for higher inflation and increasing interest rates across most jurisdictions. Notwithstanding these potential headwinds, we expect another very busy year of M&A across the global mining sector, following on from 2021 which where deal activity returned to pre-pandemic levels."

"China is often willing to make large investments in jurisdictions which may still be considered too risky for Western mining companies."

Jiangxi Copper Corporation owns Valuestone...

"Jiangxi Copper announced on September 22nd its intention to raise RMB 13.6 billion in funds, RMB 7.16 billion of which will be used in acquiring and developing overseas copper resources.

Jiangxi Copper will use RMB 2.5 billion to acquire two overseas mines in Peru and Afghanistan. "

So it has RMB 4.6 billion left...

https://stockhead.com.au/resources/why-copper-has-become-the-hot-ticket-in-mining-ma/

"But beyond all the noise, the message is clear. Companies like BHP are desperate for copper, and they’re willing to pay cash and make noise to do it."

"“We think it’s opportunistic at this time because of where the (OZ) share price is. But also, we’re a little bit perplexed why BHP didn’t take a bid when OZ Minerals was at $3, $6, $7, $15.

“BHP has obviously known about this for a while, but (it’s) also wanting to become more future focused with their metals (with) copper being a battery metal component. And that certainly looks like it’s something that will fit BHP’s wheelhouse at the moment.”

"The departures come only two weeks after the company unsuccessfully tested the market for an equity raise."

https://www.mining.com/solgold-reshuffles-c-suite-as-it-ramps-up-cascabel/

https://uk.advfn.com/stock-market/london/solgold-SOLG/takeover?xref=shareprice_takeover

https://www.diggingforclimatechange.com/video/can-miners-achieve-net-zero-while-satisfying-the-growing-material-demands-of-the-global-economy?utm_campaign=MJ%20-%20CM%20-%20Digging%20for%20climate%20change%202021&utm_medium=email&_hsmi=222367898&_hsenc=p2ANqtz-8FGD9OCv85BEa_q06jg9HSHlxRXKtXrni-eOTeWklj7xHs6vTLIm8kRPhBHRdyNCSrp6O6K07hXcTESr2hu0KUkZm02Fy2oUel_cz-wCMzTfvKlAU&utm_content=222367898&utm_source=hs_email

https://seekingalpha.com/news/3871676-copper-climbs-to-six-week-high-on-us-inflation-optimism?mailingid=28694494&messageid=2900&serial=28694494.4569&source=email_2900&utm_campaign=rta-stock-news&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha&utm_term=28694494.4569

Bye anon...

Thanks CMG

Thanks again for that DBW...

There are some people on here like DBW and paymaster who work their socks off to find material, relevant articles, etc.

There are others who spend hours on research, invest time patiently in building trusted relationships in order to inform their opinions.

Both of those groups are doing all they can to help others on here who don't have the time or the wherewithal to find or generate such information.

Then there are those who post opinions dressed up as facts.

And finally there are those who invest many hours reading for and rubbishing the efforts of the first two.

You know who you are. Is it resentment or bullying?

Any decent person would post constructive responses or opinions.

Many many times I have posted something and said "I would welcome any opinions/comments/etc."

And I often wonder why I bother, especially when people effectively call me a liar...

anon I won't even trouble to reply to your post if you can't be bothered to explain the several where I have out forward my reasoning...

And how sad do you have to be to join this Board and your first post shows exactly what an idiot you are.

Please go away if you have nothing better to do...Slug or whoever...

Sorry DBW I was otherwise engaged with Colonel Drake...

So...you said...

"Red it looks (after picking through the bones) fairly straightforward now. The BOD are all toast in December so the need to trigger a bid ( or bidding war ) before then …. The way they now chose to fund the company could easily accelerate the process.
Streaming deal would suit the market but most certainly **** off the likes of BHP & NCM….. but would it be enough to force their hand??
A cash box would introduce new investors which wouldn’t go down that well either with BHP or NCM
Game of chicken being played out for very high stakes here right now …."

Taking individual points:

Today's fiasco on top of the 28 July RNS means IMO that they are all toast in December.

I know SOLG did a cashbox before and it was successful and maybe that was the plan this time, but the stakes are much higher.

Surely BHP, NCM, BR, DGR, CGP and Norge would want a plain vanilla rights issue so as not to be diluted? Mind you it is moot where DGR, CGP and Nick would have got the cash from...so maybe Nick wasn't in favour if that was the case...?

We all know that a streaming deal is doable, especially with Boliden now involved and remember we never took up the 0.5% from FN. Although the deadline has expired you bet your life they would jump at that...

And it certainly did p*** off BHP and NCM before. NCM withdrew Craig Jones wh was reluctant to go...

In conclusion it could easily seem that all this is being engineered to flush out a bid from BHP or another major. Maybe BHP would be reluctant to move first after OZ and maybe even OZ was a diversion from their real intention to bid here. Whoever counters at OZ might well occupy a competitor for some months.

So I am massively reinforced in my view that a bid will come by Christmas...but when and who will make the first move...?

Oops I AM Spartacus...

But nobody expects the Spanish Inquisition...or did we have that this am...?

BTW I assume you're Colonel Drake, based on your style....

But IIIII and Spartacus....!!!