Member Info for mattlilly

Here is the base case that I totally believe will pave the way for all you patient (and even recent) holders to truly believe in the possibility of making life changing gains.

As any good broker would say, I must make clear that we own 3 million shares and therefore have a huge vested interest; and that anyone should always DO YOUR OWN RESEARCH and make your own informed decisions.

So how do I believe this will play out over the next few months?

One of two scenarios will happen, but either has the capacity to maximise the monetisation of Solgold.

Neither of those scenarios involves taking Cascabel to production, whether on their own or in a joint venture. So ultimately Quady will be wrong; and those who think we should take it to production and/or worry that they will have to wait even longer for a great return...not going to happen.

There have been plenty of giveaways:

"We are not minebuilders..."

"Faster not smarter..."

To remind you. The CGP shareholders came on Board for one reason alone: because they believe that the merger is the best way to maximise their gains; and that will take place through either a takeover of Solgold or a sale of Cascabel.

And those are the only two scenarios I see. And we the small shareholders hold the key.

1 I have felt for a long time that the best possible value would be delivered by selling Cascabel and using the funds to develop our astonishing regional portfolio.

And until recently I believed what Nick had said a few years ago. That is wouldn not happen because SOLG would have to pay tax on the gains.

But now In think differently, because I reflected on the recent Exploitation RNS, which makes it clear that to take Cascabel forward we would have to pay a great deal of money to the Ecuadorian government, including corporate taxes in production.

So there is no longer a reason not to sell Cascabel.

And hiving off or IPOing the regionals is too messy; and JVs are too complicated and dilute the potential return.

We have 89 regional prospects and apart from Porvenir, several that are potentially gold rich, but for the last couple of years we haven't had the cash to determine how good those were.

To be continued...

Sorry but I have absolutely no intention of engaging with you.

You appeared on LSE and on here on 27 June with the following:

"Bid incoming and it starts with a 5..."

You've pnly ever posted on SOLG and have become increasingly arrigant and aggressive.

Not everyone on here gets me, but I've been a Member of LSE since 2 March 2010 and on here for at least 7/8 years

I research thgis stock every day and have good direct or indirect connections.

My wife and I are invested to thge tune of 3 million shares but in Summer 2022 reduced my position to 400k shares after Ingo left; Darryl's failed 'cashbox'; and the disgraceful way Ayten was sacrificed to DC's destructive policies.

Since then I've built us back up to the highest level we've ever been at an average in the 9s with my last purchase 500k in March.

That was based on unquestioning belief that our moment is coming.

Whilst occasionally getting frustrtaed at how long things take and sometimes inept or inadequate communication, in general it would be fair to say I am as positive as most people on here.

It would be wrong to call me a ramper because of that consistency which is often backed up by detailed research and/or calculations.

So I have absolutely no need to put up with peoploe like MetalsMonster who now joins the other 84 posters I have filtered.

Anyone will know they're filtered when I don't reply. I don't care what insults people like Quady make; the internet is inhabited by spineless trolls who ould not say the same things to a guy in the pub.

Best wishes to all the rest of you who believe what I believe and I will lay out precisely why I believe we should now be as bullish as we have ever been in my next post.

More than the £45k we made?

3 million times 1.52p

Bought 500k on 4 March and it starts with a 5...

250 at 5.9153

50 at 5.892

50 at 5.8975

50 at 5.9117

100 at 5.9465

Average 5.917

ok?

SOLG

SolGold

04/03/24

06/03/24

27724TMPFJH

100000 SOLGOLD Del .05 S Date 06/03/24

£5,980.22

-

£999.85

SOLG

SolGold

04/03/24

06/03/24

27724TMPFHS

50000 SOLGOLD Del .05 S Date 06/03/24

£2,974.62

-

£6,980.07

SOLG

SolGold

04/03/24

06/03/24

27724TMPFF7

50000 SOLGOLD Del .05 S Date 06/03/24

£2,967.48

-

£9,954.69

SOLG

SolGold

04/03/24

06/03/24

27724TMPFDD

50000 SOLGOLD Del .05 S Date 06/03/24

£2,964.72

-

£12,922.17

SOLG

SolGold

04/03/24

06/03/24

27724TMPDPC

250000 SOLGOLD Del .05 S Date 06/03/24

£14,867.18

I think we might very well see Director Buys from Scott and/or Nick...

Sorry 5.9...

rougepierre - 04 Mar 2024 - 18:04:57 - 40627 of 44879

Bought another 500k today at c5.9p average...

Sh*t! Only just dawned on me that I've more than doubled the last 500k tranche I only bought in March at 5.95...

Now we're smoking...and I aint selling...

S/O bought 249,500 at 12.18 equivalent...11% of the days volume so far...

Another Director Buy? Scotty?

Agreed mnm

Because they want to be taken over...simples...

Closed at 11p on TMX.... Scott etc buying...?

GPM is a gold fund with a big silver proportion...

NAV 46p CD 36p SP but gold juniors way behind the market...

When GDX and GDXJ take off, watch this fly...

Also EQX still massively undervalued. Canadas top gold producer next year...

Blue baggy mate...

You need to reappraise your investment strategy...

You say you've held since 2009 and your B/E is 45...

But you could have sold at 45+ in 2017 and at 35 to 42 four times since then...even if it was only half...

Plenty of solid buys coming in between 10.40 and 10.80...

Blame Darryl Shear...

It all started with his hamfisted failed fundraising which was panned in the City and led to Ingo and Aytens resignations...

If he had stayed we would have gone the way of SXX...

Are we finally going to break resistance at 10.60 and move on towards 14...

Scott said hecwouod buy more and I'm sure Nick would in the late 9s early 10s...

If there has been nothing to prevent them since the 750m, surely well see Directors Buys this week...?

BUYSELLREPEAT

Still people selling size...bizarre...