Member Info for mattlilly

Added to fridays buys...another 225,000 at 21.8....now up to core holding of 675,000 again...

Fingers crossed...lots go big buys and big sells this AM...

Certainly am...got to smile...always somebody worse off than you...

Off to get rat arsed...

Spare a thought for poor Quady...down c£50,000 on the day and c£180,000 since 7 January...

However its only paper losses and it'll all come good at the end of our first year of production in 2028...

Take the long view is what I say...

What was that Vengaboys song...?

Woh! We're going to production....enjoy...

39 million shares traded...new record...could this possibly be capitulation...?

Schlemiel

Nobody has congratulated Schlegel for selling out...bet he's sleeping better than many of us...

And in doing so, the Board and senior management will change from being drilling/exploration focused to development and production focused...

Bought back 100,000 at 22.62p just before the close...two way bet...

Lets see what Monday brings...ATB

UT at 22.6p

I think what we are seeing is a fundamental change from Nick's singular approach to a much more professional and measured approach...

A conspi****** would think we got this news out of the way before Monday...

Might have got panned even harder after the elections...?

Citi were employed for bid defence...

Just filter him...you don't want a thrombo...is he talking about anger...? I'm not angry, but I can't stand his self assured rubbish any more...how many blind eyes can one person have...?

Here is how Kitco reported today's news...

https://www.kitco.com/news/2021-02-05/SolGold-shares-nose-dive-after-Alpala-pre-feasibility-study-update.html

And here is the key takeout...take a Valium before you read it...

"There is some support at the current price point and the green level at 18.75 is very close by. If there is to be a move below the green level then the next zone to watch could be the 10.00 level. "

Just ignore him mate...life's too short...or filter him like me...

The smart move here is to IPO Green Rock Resources...following the DGR model...

Puts a value on Porvenir (and the rest)...raises cash to fast track Porvenir...leaves SOLG with, say 80%...

I would put an IPO value of £200 million as achievable with a credible MRE and PEA...

Meanwhile, the prospective value of an additional royalty agreement with FNV, WPM or Jinxiang doesn't fall just because the SP does...

Still see the need for an equity raise here sooner rather than later...smart move is to go direct to NCM and BHP...CGP don't have the cash...

Unless we get an RNS soon, NM is still on the Alpala Committee...

His name was on the ticket today with an anodyne comment...

Here's an extract from the Governance update...

"SolGold continues to consult with institutional investors and stakeholders as part of its ongoing Corporate Governance Roadshow to provide feedback and updates on changes and developments still to come. The Company is continuing on its journey toward compliance with the UK Corporate Governance Code and is adjusting and implementing new internal policies and principles to its remuneration function. "

For me the "the Board is pleased" language always makes me wince...like companies that are "pleased" to announce bad results...

'Disappointed'...disappointed...

Clearly you're hurting mate...I'm with you...we have our lives...

"today's RNS is BHP/NMC orchestrated"

Are you serious...?!

They don't have a seat on the Board...given that we have new Independent Directors appointed to protect ALL shareholders interests oversee PROPER corporate Governance and ESG standards, if your suggestion were true it would be cynical improper conduct verging on criminal...

Take a reality check pal

Thanks Max

I now see this as a trading share for the foreseeable future...

We can't realistically expect any pleasant surprises from the Board for the foreseeable future, so we are in the hands of the traders, BHP, NCM and any would be bidders...

I have no doubt some serious holders will have used today's huge liquidity to hoover up shares...wouldn't be surprised to see a 'Major Holdings' note from Valuestone taking them over 3%...

But for the time being it will suit them to let the SP drift...shaking out even more weak, dispirited, discouraged or risk averse holders...

I'm none of those...I take positions...if I'm wrong I have a decision to make, like this morning and there are plenty more fish in the sea...

Now have a huge pot ready to rebuild former high yield FTSE stocks as well as to trade SOLG as I see fit...

Got it wrong this week...but who didn't...?