Member Info for ohwhatanight

Love the music zibi

Stider.... That was me being funny!!!

ssmitrad. There is no way CGP would be lessening their stock holdings in SOLG. If anything they would be buying!! That's what will give CGP a better bid. They own 9% of SOLG and this will go at a premium to an interested major.

My guess is week of Feb 25 to create a buzz at PDAC in Toronto. I don't know if they are obligated to make PEA public as soon as they have it finished or if they can hold onto it for a while. SOLG is apparently presenting March 5. It is quite astonishing that we have 2 majors on our share registry and we are trading this low. I feel that the SP is being completely manipulated. I bought some yesterday on TMX and it's just a market maker on offer and no one else. After trading my size (not large) the MM quickly dropped the price to .60-.62 .. exactly where they are trying to hold it.

Qailibash. I think his offer may actually be more than defensive. This may be the spark that ignites the process. He's putting CGP in play. This in itself will put SOLG in play. PEA will now be extremely interesting as it will solidify any majors business case and enable them to pull the trigger with much more confidence. I'm sure there will be further drilling results as well. Both CGP and SOLG shareholders should be very excited by this action.

Thanks tipsa and addick. That's my point. Have a great day ..

Any interested party will want both the 9% of SOLG shares and the 15% ENSA stake. How would the 15% ENSA stake ever have a value that SOLG will have a right of first refusal on? This was an old agreement that protected SOLG from CGP selling it's 15% interest. Things have changed. CGP now owns 9% of SOLG shares which changes its worth to potential suitors. As you Brits say..... CGP played a blinder!!

CGP will be taken out in it's entireity by a major. They will not be selling their stake in ENSA. The 15% share will not have a market value that SOLG can buy. There will be no "right of first refusal"

Once CGP is taken out SOLG will follow. Thats the end game here. Bickering about rights of first refusal is ridiculous.

I can't find any information on a standstill agreement with Newcrest. There last agreement was June 2017. If it were a 24 mth standstill that would end in June 2019. SOLG's potential offer with 105 day take up period would have take up just before that date. There might be the incentive.

In addition, subject to permitted exclusions, BHP is not permitted to, during the Cornerstone
Standstill Period (as such term is defined in the BHP Share Subscription Agreement), without the
prior consent of the Corporation: (a) acquire any interests in shares of Cornerstone Capital
Resources Inc. ("Cornerstone"); or (b) directly or indirectly solicit, initiate or enter into any
discussions or negotiations with any other party or person (other than its advisers, the Corporation
or any representative of the Corporation) in relation to any agreement, arrangement, proposal,
expression of interest or offer, under which any one or more of them or any of their related bodies
corporate may effect a change of control of Cornerstone or effect a change in the composition of
the board of directors of Cornerstone.
The standstill in respect of the Corporation ceases in the event that a third party makes an offer to
acquire the Corporation.

Cornerstone actually has a couple of other very promising properties. They just announced an agreement with Newcrest similar to their agreement with SOLG in December. They also have Bramaderos in Ecuador that looks promising and is in a farm in agreement with Sunstone. But really it's the 23% economic interest in ENSA has a very large upside potential. You sound pretty down on CGP Strider4? Why so bitter???

23% is a big number. CGP is worth a big number. What is a 23% economic interest in Cascabel worth? Watch how this plays out. The number will be big followed by SOLG being taken out. This is great news for both companies and NM knows he's not going to be the one taking CGP out.

str4. The reason they gave 85% away is because that's what they do. That's their business plan. Find great properties and than find a partner to pay for the exploration. Much like a Sandstorm Gold buys revenue streams of existing miners CGP finds the actual property.

At the end of the day CGP is what it is. Its an early stage exploration company that finds assets and JV's them out. SOLG has done a deal with CGP as part of its business and it's mutually beneficial to both sides. Getting upset with CGP is pointless. CGP will be sold. Maybe BHP got a better deal from SOLG for it's shares. I own both CGP and SOLG and see an earlier upside on CGP. I think the coming weeks will be interesting

Brknovice. Feasibility study is not expected until middle of 2020 at the earliest. CGP will never see that day. Its will be swallowed up way before that.

GLTA

Agree Zeus. There were 12 parties who signed an NDA last year. I'd say this will flush out any interests a little sooner. I

Now I understand why someone has been holding both prices down. I think the CGP bidding war just started.

I only see BHP adding to their holding on Jan 15??

action Amount New Total
Filing date: 2019-01-15
Transaction: 2018-11-08 $SOLG
SolGold plc BHP Billiton Plc
3 - 10% Security Holder of Issuer
Ordinary Shares
11 - Acquisition or disposition carried out privately $1,009,645.9488
+2,596,826 vol
$0.3888 each 205,721,826

LETS PLAY A GAME.... guess PEA release

FEB 26 for me

At end of week and day there is a concerted effort to keep our SP down.....