Member Info for mattlilly

Hence the moniker...'red' knight and 'rouge' pierre...

Excitement turns to disappointment again...

It's now clear to me that BlackRock are trading these at the edges to enhance their returns...

My contact says there is steady quality buying going on, so BlackRock makes a chunk available by selling the shares and then hedging by buying the derivatives...later reversing the trade when the SP slips back...

If it doesn't they simply exercise the 'option'to get back to 5%...

You can hardly blame them while the SPis going nowhere much...

Meanwhile I believe the new CEO will also be used to managing 'the City', investor relations etc.

Red since 1956..met and mourned the 'Babes'...season ticket until .Jose completed the destruction...end...

Absolutely right BNC...failed to break it on 3 August...can we break it today/Monday...?

Although we're well through the EMA and WMA 200 day...and both the latter 20days have turned up...

My contact mentioned 2 more roadshows and 2 more conferences last week, together with quality institutional buying, so here's hoping...

There was a 'whistleblower' on here talking about how the SP was manipulated

Just to let you know the FCA is taking my referral from last week seriously so let's see what happens...

Hi all you charters...

Is this a 'bowl' or 'rounding bottom' I'm seeing from June 2 at 36p down to c25p in the last few weeks and starting to round up...?

In which case very bullish...and totally in keeping with the likely news flow over the next couple of months by which time it should have rounded out by end October ready to fly to new all time highs...

"A rounding bottom looks similar to the cup and handle pattern, but does not experience the temporary downward trend of the "handle" portion. The initial declining slope of a rounding bottom indicates an excess of supply, which forces the stock price down. The transfer to an upward trend occurs when buyers enter the market at a low price, which increases demand for the stock. Once the rounding bottom is complete, the stock breaks out and will continue in its new upward trend. The rounding bottom chart pattern is an indication of a positive market reversal, meaning investor expectations and momentum, otherwise known as sentiment, are gradually shifting from bearish to bullish."

Two key points Colonel...

SOLG already working with BHP and other majors on a number of possibilities. Plenty of interest in using SOLG prospects as a 'test bed'...

Second, to repeat, the diagram I have seen shows us going into the Alpala ore body half way down to start with and deferring block caving from the bottom for up to 15 years.

The best ore is in the middle apparently, so much earlier payback at cheaper initial cost...

Ditto BNC...its worked twice before, so currently 50/55p but let's see what develops...

"They never made a bid for Solgold."

https://www.marketwatch.com/story/solgold-shares-up-after-bhp-billiton-bid-rejected-2016-10-10

Hi Eish

CEOs come in both flavours...male and female...

Best wishes

Filtered. I don't derive any value from his posts anyhow.

Sorry BNC...temporarily distracted by this seriously nasty person.

I can't recall what I said if I did, but I may have been referring to his suggestion that he call me again this week.

That hasn't happened yet but maybe he's waiting for the CEO to be RNSed first.

I promise you that if he sets up another video call I will be back here to check for any more questions.

Apologies again and best wishes

If BHP are "more than happy to joint own" Solgold, why did they make a bid for Solgold?

https://www.mining-journal.com/london-to-a-brick/opinion/1416005/why-us-billionaires-back-an-aim-listed-junior?utm_source=Mining+Journal&utm_medium=email&utm_campaign=MJ+Top+5+-+22nd+August+2021&utm_term=Top+5+highlights+this+week&utm_content=530220&gator_td=D6qqdmbHCtQInaoXFcRCe%2biRjaKbVDcH3QdF1nMD1tBlb030BqgNLPZIsj04OwA2idAC3F7dkFfFoHSM%2b2hAl8XXlU5ph8caC1%2bDQKk1l7cCaiKeA3DCLi4TmT0PSQyv6vO8BmOqaGrLHDa3n1P%2frO3ZCPCgQPa9DcdkAWV6d6Y%3d

"they are more than happy to joint own. BHP have always said so."

your statement is specific to Solgold...

Facts please. Even one BHP statement would do...

"announced"

and "tradeable" not traceable...

Sorry

I completely agree dart frog...

In fact Blackrock should be commended for steadfastly holding Solgold shares, despite all the disappointments...

Imagine the effect on the SP if they annoy ned they no longer held SOLG...?

The difference between 5.00% and 4.99% is 229,000 shares...

Part of their holding is in traceable instruments. They are there to get the best return for their investors, but if they simply sit on their holding in SOLG they make nothing until they sell out for a profit or until SOLG starts paying dividends in the 2030s...

In the last few months I took our holding here down as low as 300,000 shares before buying back in at lower prices to build back up to our current 1.5 million...

Were we wrong to do that? I don't just sit on a portfolio for 40 years, or Solgold for the next ten years to start getting a return like one of our 'esteemed' posters on here...

Through trading at the margins, selling and buying back we have tripled the value of our portfolio in the last 4 years...if Blackrock are doing that well for their fundholders, Bravo!

They remain the biggest and best fund man agers in the world through, for example, a policy where they will not buy com ponies that aren't ESG compliant...

And that's one of the key reasons why they're here...

While I don't agree your comments on Blackrock Colonel, I do wholeheartedly agree on Quady.

I've given up asking for facts to back up some of his wilder statements, such as this one:

"BHP have been clear about their intentions.
They want to have more exposure to certain commodities. Copper is on the list, however they are more than happy to joint own. BHP have always said so."

Show us evidence that BHP "have always said" they are happy to "joint own"...

Every time Quady says he's stopping posting he comes roaring g back with his 'water torture' statements about "Alpala going to production' and 'diverse book' occasionally interspersed with unsubstantiated attacks and insults against posters who are trying to do their best for the 'team' here and are equally entitled to their opinions...

I had a brother like him...would argue black was white...never backed down..never changed his position...never apologised...

And when he was shown to be wrong he rationalised...

Remember he presents as an expert on Corporate Finance with all his theories he's read in books, but he's a trained actuary...

BBG let me repeat.

They have a strong top candidate and several in reserve.

It is left with the Noms Committee to resolve.

There's no Machiavellian plan here.