Member Info for Montecristo

Winston Churchill once said that he spent most of his life worrying about things that in the end never happened. Maybe that's my problem lol.
Maybe we should just not worry about it and see what happens because after all, it may never happen lol

If we sell Alpala in the next 6 month's, we may never need to raise again, that would be great even fantastic if we get a great price. I'm just thinking if we have not sold in that time and we commence the PFS in 2019, then exploration will move to Aguinaga and other areas then what? NM has said in the past we want to stay "cashed up"

That would be very risky, I'm happy to hold and top up, if it's good enough for Newcrest it's good enough for me.
I'm not say they are going to raise but I'm also not blind enough to say that they are definitely not going to raise. It's called being prepared for all possibilities as much as you can be

Nick and the hierarchy will have their ideas about what they want, and we will only ever know what they want us to know.
I suppose I'm just suggesting that people should be prepared for funding issues to arise at some stage without being to shocked if they do happen

Possibly not, but we are also telling everyone who's listening that we are taking this to production, and that's after all the drilling, reports etc

We are going to need fresh funds soon, 12 rigs, pea, PFS all very expensive, no point denying it.
That could well already be pulling the sp back.
If we do update and get the pea out first it would unlikely have a major effect on the sp if we have 5 mil in the bank at that stage, the whole world will know that we are short of funds.
I mentioned this the other day without much of a response.
I suggested people prepare their strategies, there will be fun and games.
I'm just going to top up at the offer amount and take my chances because things could move very quickly at that stage gla

Yet another post I've had to report, I sense a little bit of bullying and goading going on.
What a shame it would be if certain people got kick off permanently after having half their posts removed the other day! I hope NOT TOO MANY PEOPLE REPORT THEM with a valid explanation attached.

Eric Eric tried his best to put people off investing here when the price was under 3p. It rose to 46p and he was never seen again here. Now a certain poster is defending that. Tells you everything you need to know.dont worry I got him a slapped wrist last time and I'm keeping an eye on him again

Spotted on ZIOC bb. I Just had to leave a nice comment for him lol

Do I have to remind you and fellow readers about your negativity towards Solgold for months on end, when the shares could be picked up between 1.5p / 3p only for them to rise to 46p, currently around 22p. YOU need to be taken with a large pinch of salt. We never did see you back on that board did we? Perhaps you were to busy telling everyone to buy gemfields just before they collapsed lol. Do everyone a favour and go back to the playground!

Thank you

We are dealing with the problem trolls in the wrong way. Many here say simply filter them, but some argue that's not fair on new investers wanting info and research. I say let's all unfilter them but report every single untrue, rude or aggressive post they make, giving a reason and also mentioning how many posters no longer post because of them. If 5,6 10 people complain they would surely all get kicked into touch once and for all.

Just to remind a few, exploration is an expensive business. Solgold will be back to the market imo end of this year early next. NM always hints that they want to stay" cashed up". The likes of jimiley and sooty claws will have a field day. Plan you strategies in advance.

Preliminary economic assessment, maiden resource estimate, Mrs is her in doors lol if you mean PFS pre feasibility study

Jimiley, sell the share and more on, simple!
Take your loss like a man and learn from it. Stop being a little girl and boring the board daily

We need the updated MRE, the PEA and the PFS, then we have a solid base. I think at that stage potential bidders could show their hand. If they do and more than one company is interested that could be a real catalyst for fireworks. The SP is not going to move much for the time being in my opinion, it could fall. You just need to accept it and wait until the time is right, that could still be many months away. The likes of Jimmy should not be invested here, they don't understand what's happening. We are still a long way off feasibility. We could get taken out tomorrow but I'm not holding my breath. I've been in this share since 2013 and I can wait longer. Would I get into another investment like this knowing what I know now? Perhaps but perhaps not. I've make money from Solgold but boy have we worked for it lol

I was speaking to someone I know the other day who works for an investment company. He did not know of Solgold but I mentioned it to him and gave him a brief outline of the story so far.
He reminded me of something I new but what many here may have forgotten.
During the commodities boom a few years back many of the big mining houses badly got their fingers burnt, paying way over the odds for projects that where simply not profitable or never even got off the ground.
They have all learned their lesson. The name of the game is shareholder value and cutting costs nowadays.
In the old days projects would have been bought early, often for over the odds money, they were happy to take more risk, that's changed. The way now is to be more cautious, they would rather see all the evidence and have everything proven up. It will cost them more money for sure, but they see that as value, they have the money after all but they dread having billon dollar right downs on Thier balance sheets now. Lessons from the past!

The bigger picture is, we already have a high valuation for whete we are at the moment ie no income and unproven economics. The rns releases are a market requirement, I douut NM is too bothered about small pi's buying or selling to be honest. This as always been a long term investment, the only difference is we are nearing some important milestones ie next 6 months we tell us a lot.

I think it will be a good thing for the share price.

Once a cap is in place the ill informed left learning media will not be able to make any more sensationalized headlines about how bad British gas are, because ofgem has set the price.

Lets see what happens when someone makes a bid for it.