Member Info for mattlilly

I think it was Alan Martin who got SOLG into Cascabel...?

That is post of the day sunnybne for me...

People worried about low ball bids but the best defence is a strong and rising SP...Mather doesn't seem to have the first idea how to achieve that...four times the SP has spiked to 42p or more and fallen away...there was real momentum created by the Porvenir RNS but it was allowed to wither on the vine...

If Mather didn't continually overpromise and underdeliver, I am convinced the SP would be well north of 50p by now...and that makes predators think twice about a starting bid that would have to be at least 75/80p with no PFS...

AIMO as usual.....

PuErile....

I bet nobody knew that till you told us...

Some sizzling posts this AM, but others are hamming it...

What we need now is a PORKVENIR update...

Not2sure...I always put strong buy and in case you didn't read it I made clear I have no intention of selling...

However, doesn't anyone suspect the process whereby two unprecedented RNSs were issued imploring PIs to vote for all the motions and then once the BBs made clear that most people had voted in favour, a RNS was issued about a PFS delay that could have been issued weeks ago...?

Or at the very least a holding RNS simply saying "the PFS will be further delayed due to a complete review and we shall update you as soon as we can..."

The CGP statement was issued BEFORE most people had voted...why didn't SOLG issue at least a holding RNS immediately...

I still haven't voted...

His earlier comments were even rasher...but the SP is smoking now...we could be in for a streaky gain after all this...but I'll wait before I back that...

Well done Qalibashi...

Whitewash...hogwash...brainwash...

There are some people on here who are so convinced they are right that they believe anything Mather says...

To say that a change in the design has caused a 4 month delay frankly defies belief...and indeed if you read the RNS carefully there is no guarantee a PFS will ever be produced...

It was incompetence to leave an announcement of a PFS delay to the day it was originally due...to then compound the felony by saying a delay of 2 too 3 weeks was utterly disgraceful...

And finally, how on earth could CGP put out a statement saying PFS by Q1 2021 LAST WEEK with not a word from the company...?

I wrote last week demanding confirmation or a rebuttal...

I have rarely seen such hamfisted management by the CEO of a 'major miner'...' the BHP of Ecuador'..

I have no intention of selling but I have zero trust for Mather. He says hes got our backs...he pleads for our support...but hes playing us...

Wake up and smell the coffee guys...utter incompetence...

AIMO as usual...

So Trump has never lied...only 14,000 times to date...

2 to 3 weeks...

And please explain to me precisely why we have had delays...not COVID...just look at the definitive Statements on each of those update notices I posted earlier...

And please justify why the information is being held up when he is desperately pleading for our support at the AGM...?

Hit its lowest in 79 days today...$5.35...on almost non-existent volume...day after day...after all the lies they told about SOLG shares being illiquid...

12 regional Updates this year...only two on a Thursday...1/8 October...

So Nick never lies Quady...

No news whatsoever since 4 November on any Regional Exploration...

Despite this on 13 August re La Hueca...108 days ago...

Drilling operations underway at La Hueca Project utilising one man-portable drill rig. Initial drill hole LHD-20-001 at current depth of 91m.

On 30 September re PFS...60 days ago...

PFS delayed for 2 to 3 weeks...

And this on 3 October re Blanca...57 days ago...

SolGold has received all regulatory licencing approvals to begin scout drilling at the Cerro Quiroz Target.
A man-portable drill rig arrived at Cerro Quiroz on 3rd October 2020, as drilling crews prepare to recommence drilling 

And this on 8 October...52 days ago...

Drill rig preparing to mobilise to Rio Amarillo to commence an initial 8000m Phase 1 Drilling Program. Completion of all regulatory permitting and camp facilities now supported by finalisation of drill rig fit-out, with mobilisation of the first drill rig planned for late-October.

And this on 4 November...25 days ago...

Remaining assay results for PDH-20-001 are expected later this month...

Are you honestly saying that an RNS from "the next major mining company" will be lost in GGP's news...?

And no news solvg.....

Solgold commenced drilling at Cascabel in September 2013...Newcrest bought a stake in October 2016...BHP bought a stake in October 2018...Solgold still holds 85% of Cascabel and 100% of Porvenir...Rio Amarillo...Blanca...La Hueva...and 70 odd other prospects as the biggest concession holder in Ecuador...

MCap now £723 million

Greatland started drilling Havieron in April 2018...Newcrest signed a farm in agreement in March 2019 which could lead to GGP owning only 25% of Havieron...

MCap now £1 BILLION...

Who's managed the company and the news better? Mather or Heddle?

And no...I've never held shares in GGP (more's the pity...)

Why not check his profile before writing a post like that Quady. Member since 2009...8720 posts...has held and posts on a multiplicity of companies, including on ADVFN as Mirabeau...

Hes entitled to his view, strategy and respect...

pinning not winning...

'Going concern' is an Accounting thing...it is part of the ethos of 'true and fair view' on which shareholders are supposed to be able to make their mind up about buying, selling or retaining shares in a company.

Auditors are required to pronounce on it.

Cornerstone admits it has no sources of revenue or cashflow beyond equity or debt. It is winning its immediate survival on being able to go to the market to place equity and those placings are based on their financial performance and prospects.

Whether or not the PFS or the DFS is regarded as the BFS, the fact is that unless CGP gets taken over their financial prospects for the next 12 months are bleak to say the least and, on several counts it could be said that they have misled their shareholders...

AIMO as usual...

As a result of my investigations today, I've filed a formal complaint to the authorities...lets see what happens...