Member Info for medi111

"We all agree a counter bid will come"

"We all hope a counter bid will come" is more correct.

Admire your optimism, Rodney.

May be it is mainly within SA but still why the boss has never talked to them.

You don't get surprised by issue on the assets in a weak or so.

You don't get surprised by a capex value in a weak or so ( they have been working with consultants along the process).

Nobody unlikely to be behind a push ti seel to Chinese (trump effect)

FN can't be saying sell to Chinese or we stop the future finance.

Something wrong has been going on for a while.

That makes the 28p outcome more painful.

They are linked. You can't be transparent if you are recommending 28p.

Guys, it seems nothing transformational happening. SP calm and time is running away.

Novice,

You have been saying this for a long time. Not that I want you to be wrong.

Global X @ 1.69%. It seems they have added some.

28.45p. Somehow intriguing. Who knows!

Oh common, medi111 English and posts are very different; Addi posts look very professional. You can make the difference easily.

Anyway, let's hope something good comes out of this though time is shrinking.

The guy has gone. Wish him good luck. Plus you don't know how this would finish.

SP more than 28p means there is game. Is it a big one (counted bid) or just JCC confortent its position via third parties?

I won't say that you are an idiot IP because first I don't know then and it is not good to insult people.

What I meant is that something is wrong not that the assets are bad.

They were quick to change from this (26p) to 28p is good. In fact that was very very quick.

That doesn't come from capex or financing concerns. Those concerns don't émerge suddenly. The only potential sudden reason is a phone call from authorities but Noboa won't do that. So yep, something very wrong happened.

"The SolGold Board has carefully considered this Proposal along with its advisers, and has unanimously decided to reject this Proposal.

Shareholders are advised to take no action in relation to the Proposal. A further announcement will be made when appropriate. The SolGold Board remains confident in SolGold's standalone prospects."

So Chinese are buying it cheap, world and its dogs in the mining sector know it is cheap and likely wrong, but no one is doing anything (BHP, NWM selling). What are the alternatives?

CITI SAYS ITS BASE CASE 0-3 MONTH TARGET IS NOW $5,000/OZ FOR GOLD, AND $100/OZ FOR SILVER

CITI SAYS SILVER TO CONTINUE TO OUTPERFORM GOLD

From X.

I never laugh at any one. I was just thinking that in view of where we are, attracting multiple bids is very unrealistic but if it happens, we will all be happy. GL IP.

I own shares and as of today, I am betting £400k that Solgold attracts multiple higher bids.

That's too much hope:)

Non American firms might not be very comfortable putting money there.