Member Info for mattlilly

The thing is addickt, I was told in July they HAD a strong candidate and it was only paperwork holding it up...

2/6 weeks but still a complete farce...even Fawzi implied it was imminent in the last few days...

"Bristow said the company will strike a deal should an appealing one present itself, which he described as a mine that can produce 500,000 ounces of gold annually “for a long time” and be profitable at gold prices of $1,200 an ounce. "

"Toronto-based Barrick has no interest in nickel, lithium or other metals used to make electric vehicles and will deepen its focus on copper and gold, which are often found together geologically, Bristow added."

Maybe they're one of the 'half a dozen household names' looking at a J/V...

If Q had a girlfriend would he be a twit to woo...?

David you're right and I have Quady filtered, because he is like a dripping tap, argues black is white, never apologises, calls people clowns and posts provocative rubbish repeatedly.

End of...

The valuation is irrelevant...

Sps are not based on NPV

The value to any individual shareholder is what price they will sell at.

The value to any bidder is their BATWA or the final price they are prepared to offer.

But in general at any one time it is determined by supply and demand...simples...

I would not sell any of my shares at less than 50p but that is a position I consider daily.

If there is a bidding war I have already said the exit will be £1/2 in which case I'll take the money and Quady will never hear from me again...

Franco Nevada Lunchmoney...

Its a bullish article but does the writer actually know what they're talking about?

"A mineral resource estimate for Cascabel is expected to be released later this year."

Duh! No, its a PFS not a MRE...

"So, I wouldn’t be surprised if its equity stake in Cascabel gets smaller..."

"Suppose the next set of drilling results also come back positive? In that case, I think it’s likely that the SOLG share price will continue its current upward trajectory. However, as it stands, the stock’s market capitalisation is being driven by future expectations of performance rather than underlying fundamentals. That’s not the sort of investment I’m personally interested in making."

Bad luck mate...why write the article in the first place...?

UT 663,825 at 32.70...
Onwards and upwards...

32.929 paid an hour ago for 8,000...

Dare a bidder take the risk of the PFS...and a Porvenir MRE...and possibly a Tandy MRE...plus sparkling drill results from Rio and even Sharug...?

Or even a top notch CEO coming in...?

zoros...you missed out that Hannam & Co are the closest to the Company and Ingo Hofmaier was a Partner for 6 years and Head of Mining for 3 years before he joined Solgold...

Just filter him...I did a couple of weeks ago and I've slept well since...

Made my debut investment here to add to my AFC holding (topped up there also)

Only modest, 3412 at 413p...hopefully a good entry point...

Thanks for all the posts and info which I have read avidly before taking the plunge....

Bit like Trip Advisor...got to read between the lines of the negative posts...

GLA

Through 30p...

31.32p on TSX...up 6%...

Not the same contact mate...this was the PR guy...DBW is also in touch...

And the other key piece from the reply I got was that the CEO is still in process, has not stalled, and can be expected soon (with soon understandably not defined...)

"this is in the final stages and we do hope to announce something very soon."

Exactly Colonel...this SP is being held back...

But not by Blackrock...there's no point and they aint going to do somebody else's bidding. They have individual fund mangers for each fund and the holdings get consolidated for reporting purposes.

With SOLG trading within a range, I also would be 'trading' them at the margin between ETFs and shares to enhance the return and continue to justify what has been a long term, loyal commitment to Solgold...

However there is no doubt someone somewhere is trying to hold this down around the strong 29.4p resistance level...

It could be an interested party or it could be MMs caught short by this excellent news...

I don't care anyhow, because its that time of the year when SOLG doubles and there is an avalanche of good news to come...

Every time the MMs try to hold it back they'll be hit by another RNS, starting around next Friday when there will be a huge amount of interesting info to digest in the MD&A...

Sharketmare...here's your answer, straight from the 'horses mouth' this morning...

"I was surprised to see the reaction from some private investors to the photos of the PFS team on site at Cascabel. While this is the first time they were able to meet in person in some time, they of course have been meeting virtually throughout the COVID-19 travel restriction period so there is no read-across to the guided PFS timing which remains unchanged."

One of the best drilling reports ever...so now we have a 'field' with surface and block cave massive mineable resources...could this end up even bigger than Oyu Tolguei...?

And this is jus Cascabel...wow! Simply wow!

Zeros...let me repeat...I'm not talking about major holders, all of which we know about.

A buyer doesn't have to declare a holding until they have 69 million shares...

I'm talking about funds mainly.

The company has done loads of investor roadshows and video calls since the spring.

Do you know the names of all the buyers in the 2.5 times oversubscribed $70m share issue?

And those that didn't get shares or get enough will have had to buy in the market.

In summary you ars not saying I am untruthful, but a senior exec in Solgold...