Member Info for mattlilly

BHP have moved to Australia to avoid things such as that...

This is London CG...we lead the world...and in ESG...

Did any of you see Ingo's post on LinkedIn a couple of days ago...?

"Very encouraging first hole..." I wonder if he is expecting "one of the best holes in South America" next...?

https://www.linkedin.com/feed/update/urn%3Ali%3Aactivity%3A6869210566917963776/?midToken=AQFonPIEeQwt-Q&midSig=0drOAGu-BHwG01&trk=eml-email_notification_digest_01-notifications-24-null&trkEmail=eml-email_notification_digest_01-notifications-24-null-null-1wg0l%7Ekwdx0nc1%7Enm-null-voyagerOffline

He followed that with this cryptic reply to another poster...

"Not being fact based, not sticking to the plan (because it does not suit personal goals) and being selective with information can get you far in politics and the corporate world. Truth in the corporate world makes people at all levels uncomfortable, even so it undermines trust. In a combat situation not providing a complete situational assessment (looking just at the bright side) and ignoring intelligence is a serious risk, that can lead to loss of life. The level of responsibility and trust in a military setting can teach us a lot for civilian life. "

Hmmm

Oh and smnickster...how did BHP 'shake up the Board" when they have consistently declined to take up their right to a seat at the table, as is their right and which would put them 'inside'.

Surely NCM shook the Board up more by withdrawing their Director.

And what about Cornerstone launching a direct attack on Solgold's lack of remotely adequate corporate governance.

You clearly have never sat on a PLC or major company Board, because thats what the 'Independent Directors' are there to protect against. Elide is a world leader in CG and ESG...

Is it not vastly more likely that Tigger, who has clearly supported Mather's remaining on the Board, has stirred the pot to stop the 'old Board' being booted back to where they came from.

At least the new CEO brings a vote for the future...

Just reflect...Mather promised the PFS in 2019...he trumpeted 'shock and awe' but he and Moller have a vote on the Nominations Committee that took 10 months to appoint a CEO while the company drifted...

BHP is NOT the problem until and unless they make a bid...if it's too low we shall end up in a Noront situation but this time I don't believe they will win...my favourite is Barrick at £1/2, depending on the state of the global markets as a whole...

Anyone with deep pockets now would be able to gobble Solgold and not bat an eyelid at that sort of a price with our rich portfolio of virgin assets...

Seriously smickster...you don't honestly believe that do you....?

And no I'm NOT a BHP devotee...remember...Barrick...

I am however in no doubt from the one to one with the Chairman that they were asking why the Board wasn't implementing its Corporate Governance decision from AUGUST 2020 to put the whole Board up for re-election every year, as is recommended ended best corporate governance practice.

It was clear also that Nick Mather is the issue...

To remind you...a direct quote..."what do I do? put Nick wpm for re-election and risk him getting voted back in...or put the whole Board up for re-election...?"

So why is it not all up for re-election this year?

The only reasonable conclusion is to protect Mather.

Finally, I can also confirm that the other major investors were asking why he was still on the Board.

It was a 'Corporate Governance' roadshow...

Slug you're just stirring...you've been here five minutes and obviously haven't read my consistent position.

To restate because you're either thick or a disruptor...

I ex[pect the final takeout to be between £1/2 and I have always said I would consider selling half at 50/55p to double my money as I have twice before.

If you really are Mather, your posting style is doing more damage than good on here...

So...Slug...YOU'RE also FIRED (filtered...)

colonel I thought it was clear that BHP had made an approach for Solgold before they paid 45p a share...

In fact an opportune time for a major with deep pockets to make a cheeky bid...

The drop is largely down to two things...

The shambolic handling of PR recently and especially because markets in general and metals shares particularly (down 3.8%) are being savaged by the latest COVID variant...all this follows another weak week in Gold...SolGOLD...

Slug I know for certain they read the LSE board...

Fawzi has sent me a similar reply. I told him I dont hold him accountable, rather the Chairman. Hence my voting against Moller and Twigger...

I haven't timed this one to perfection smickster, having bought 71,000 at c25.9...

Being fair to the company the only excuse I will allow is COVID. The resources are in areas remote from Quito and every piece of exploration requires technical help to drill and to assess. Much has to be done on site...

But by late 2020 we all knew about that...

It is the continuing inability to meet deadlines and the underwhelming communication process, plus having to be dragged into the 20th century not even the 21st by Cornerstone that is the most inept...

And for all these things I hold the 'old' Board to account....

So I will be voting against Moller and Twigger...

addickt...this is a direct quote by Tom Waite of Alliance News...

"SolGold says it will delay the release of the pre-feasibility study for Cascabel, to allow its new chief executive officer, Darryl Cuzzubbo, who starts on December 1, to get his feet under the desk. An update on when the study will be released will be provided at SolGold's annual general meeting on December 15."

I've got the same problem Orthern...5 emails and not even a courtesy reply...

Big change from before...lockdown until the AGM...?

Colonel...please tell me why a respected fund manager...one of the largest in the world....with their Solgold holding spread over several different funds..would be bothered to use Algos to trade for a few coppers at a time...?

Do you honestly think they would put their and Larry Fink's reputation at risk by being outed for 'manipulating' markets...

If the Algos are there for a purpose I think you need to look elsewhere...

Agreed ssmith...I did the same myself in 1990...and funnily enough started to rationalise my portfolio yesterday...GPM and SOLG at the centre plus new high yielding shares...

It came from another source...my 'bloke' is in purdah for some reason...maybe working on good news...

You're right mister...LT needs a bloody nose...

It is now patently and pathetically clear that he issued those two letters to try and save his own skin...

Vote out the Chairman and the Moller and install Elodie as Chair...

The SP is now at its lowest in 9 months...

Looks like the old management trick...get the bad news out of the way first...

But how incompetent to let the media get the potential good news out when people cant buy and then, belatedly out it out at the same time as yet another delay.

This Board has lost all credibility for me...unless....the deepcsixing is going to be followed by a raft of great drilling news, including "one of the best holes in South America".....

Otherwise how on earth do they get support for the AGM motions...

It is a scandal that the Boatd has delayed a policy they agreed in August 2020 to put the whole Board up every year until the next AGM...

The only way I can register a protest is to vote against Moller...

Disappointing close...262,384 at 25.00

Hardly surprising really given the weight of buying over selling today...

Others much smarter than me can tell us if today's was a bullish candlestick pattern, a white candle 'engulfing' Friday's price action...wishful thinking...?