Member Info for MattyBoy1965

... the latest Consolidation took us away from being a 'penny share' and resulted in a flood of interest from II investors just as it was sold to us!? (Don't blame me though as I voted against it!)

(Still at least ''Real *unt'' no doubt made a nice big fat wedge for themselves? Remind me again what they do for us exactly!?) :-(

@ Benrumpson1

My brother's ex-wife's solicitor's nickname was ''Pickfords'' due to the number of men she'd helped move out of their houses!

Just remember ''an Englishman's home is his wife's''!! (Especially if you've got kids!) :-(

Agreed Baliff, but the plan was to help give my nephew (I thankfully have no kids, looking at the state of the world today!) a decent a start in life as our parents gave both myself and my brother.

Whilst I still believe in the science, the board's ability is starting to raise doubts. :-(

Still holding (for now)

Not far behind you Baliff with a current real money loss of £53,806 (Down 70.8%!) at the time of writing :-(

The whole idea of investing here in the first place was to increase my holding in GGP with any profits (what profits one might ask!?) and with the currently suppressed sp for GGP if I sold up here I could buy back most of the shares I sold last year to buy into SAR in the first place (i.e. be almost no worse off than when I started).

Hate to say it but it's starting to look somewhat tempting. :-(

Thanks SOG, I'm sure you're right!

Only been invested since summer of 2021, so there are far more here (like yourself) with far more knowledge (and patience to date) than I.

Just a matter of time and patience IMO so holding for the eventual T/O (whenever that might be?)

GL

Same here Conz, but unfortunately this isn't one of them! Down 68.96% (c.£52k in real money! :-( not paper loss) here ATM and just hoping that we haven't been screwed! :-(

Won't be selling though as this will either all come good, or be a very hard lesson learnt!?

GLA

Recent experience on another share Ace (plus others far more experienced than I who have commented that every consolidation they have ever experienced has turned out badly for PIs!)

It was 'sold' to us by the BODs as '' reducing volatility in the share price and generating additional Institutional investment once we are no longer perceived as a penny share '' of which it did neither!!

Post consolidation (50:1) the price was around £2.50 odd from memory and it's now back to being a ''penny share'' at 90p!! (which in my case translates into a 69% real money loss of just under £49.4k!!) :-(

That's why!

Would rather see a compliance listing on the ASX first, so log as it isn't accompanied by yet more dilution (or worse still, consolidation!!)

Hi Loggy

My brother and I took a small punt (only £5k) each in anticipation of a quick profit on the T/O rumours with a view to buying more here with the proceeds.

Expected Chinese T/O didn't happen but happy to still hold for the time being, for a year at least and see where we are then.

GL

“For six years the biggest liability on SolGold has been Newcrest and BHP. They’ve talked down the asset,”

Talked down the asset!

Now where else have we seen Biswas do just that!?!? Hmmm!

Same s hit as been going on over here maybe, but I'd still love to see some grades of only half as good as that at EG or Scally!!! :-)

...that the next set of drilling results are as good as those Shanta Gold have just announced.

(Just look at those grades! Up to 721 Au (g/t) in places!!!)

Although even if we did our share price would no doubt drop again!! :-(

Bl * * dy well hope so Silverfoil13 as my breakeven price is £2.58!!

@ lutonnews

Really appreciate your input, so many thanks.

I am a total novice who just got lucky when I first invested in GGP some 8 and a half years ago now (my other investments all made at the same time like AFPO, NYO, NUOG, KEFI. GWIN, FUM and URU have all been total ''trainwrecks'') and if it wasn't for GGP I would have effectively spaffed away my entire inheritance from my dear late Grandfather!

Yes with hindsight I should have at least top sliced GGP (or sold out entirely in Dec 2019 at around 36p) but I didn't.

Thankfully the £66.5k I originally took out of my GGP profits to invest here in July of 2021 means I am effectively on a free ride now over there but it does hurt to have still lost over £600k in paper profits (which is probably almost as much as I have earned over my entire working life!).

AIM is a cesspit and a minefield I know that, but should my investments both here and GGP come good (although it will be many years now until we see the previous ATHs on GGP, if at all, with all of the dilution going on IMO) then I am done with AIM and will be investing the proceeds in far 'safer' investments (whatever that means!?).

Should the 'expected' T/O on SHG be forthcoming next week I will be using those profits to top up here also, as the possible premiums that Pharma T/Os can attract (and I do say CAN) would provide me with the capital to meet all of my future plans for both myself and my family.

GL.

Forgot to say that was 8 years ago now (the holiday that is)

Silverfoil13

Last holiday we had was for my 'better half's '50th Birthday in Antigua, pent at the Blue Waters Hotel (again care of my dear late Grandfather's inheritance!) which I can thoroughly recommend.

Thing of the past now (foreign holidays) especially with our 5 Main Coon cats which 'the wife' refuses to leave to be looked after by anyone else, and after a 24 year career with BA she prefers to stay at home now (as do I!!) :-)

''I’m literally kicking myself for believing in Tim and Stephen about how good the consolidation was going to be for shareholders''.

Well personally I had an inkling it would be s hit which is why I used my 1m pre consolidation votes at the time to vote against it (that is if HL actually bothered to carry out my instructions!?!)

Still it is what it is so onwards and upwards (hopefully!)

@ Silverfoil13

Certainly not deep pockets nor ''strong nerve''.

Overall investment in GGP £22k, now worth just under £141k (although was £750k at it's height in Dec 2019 - ain't hindsight wonderful?!) after £66k originally taken out to put in here!

Just topped up again here with a £9.1k buy yesterday (as did my brother).

Plan has always been to be able to provide a comfortable retirement for not just myself & 'her indoors' but to be able to help my family out also!

Never had the financial means so far to do so hence my ''**** or bust - got to be in it to win it'' outlook with all of this.

I will either be lucky or it will prove to have been the dumbest thing I've ever done (especially not selling GGP at 36p odd!) but only time will tell (and if it all goes ''horribly South'' I'll be no worse off than I have already been for most of my life?!)

Good Luck! ;-)

I received the same!

(Just tell them to Foxtrott Oscar!)

@bailiff

Luckily £66.5k was profit from GGP (been there since before Newmont walked, thanks to another modest inheritance from my late Grandfather eight years ago now!) so not as painful as first looks.

Latest top up was from part of my inheritance from my late father and the current drop is certainly not as painful as the my now current £610k (thankfully only paper!) loss on GGP since Dec 2019!!

Never really had a lot of money and wouldn't be in the situation I am in had it not been for my late Grandfather and Dad, so hopefully it will all work out (on both investments) and I can make them proud by being able to leave my nephew a tidy sum!?

GL.