Member Info for Ortherncopper

You may well be right Jezzoo. They seem in no rush to produce any deal Solg clearly need to continue… hence the pivot from fast and smart monetisations to new PFS and mine plan adjustments

Less a classic pre bid action..... more a transparent attempt to hold up the low price by trying to show confidence..

Here we go…… Red announces to board he has bought back…. and off we go with the ramping theoretical situations… like clockwork

Nice little read … can’t be much left of current government term

If there was even the slightest hint of any bid... the share price would not be 9p.

A raise I can actually believe..

Scotts much claimed 30-25 million in the bank, from the CGP shares, was in my opinion how he intended to pay the 25 million up front fee to the Ecuadorians... not some mysterious benefactor, waiting in the wings...

Well its now a fraction of that, so Solg are going to need funds..

A nearly 30% drop in 5 days… I doubt even the most bearish on Solg saw that cliff coming…

But they have no news on the horizon or anything to point to….

Careful..... your starting to sound like me Fort... the rose tinted glasses have gone..

Why are you telling everyone about your buys???? is that you RedKnight?

Morning Quady..

I invested in a promising exploration company…

My frustration is aimed squarely at the management that have not done any exploration drilling for approaching 2 years, whilst continue to award themselves, waste previous raised funds.. and now are open about having no strategy agreed for progress… and are in no rush to decide one.. we have become a salaries, and payoffs for the boys lifestyle company..

The problem with Scotts much smaller new PFS... and he does keep ramming home that it will be significantly smaller, in order to get the reduced cap ex... is the immediate headlines and focus will all be how much smaller it is now.. granted the aim is to eventually exploit more of the resource as was originally intended.. but that will be the take away for many... the reduced scale of the mine.. that is not going to create huge leaps in value... and if you accept that, then another royalty deal could be disastrous, if the economics are already borderline....

Remember the last time they shrunk the mine, Franco Nevada got an uplift on their deal..

I cant and wont vote for any additional royalty deal... no chance... They have totally wasted the last one from Osisko... What can management point to to highlight where that money went??? beyond the huge redundancy payments for Scotts efficiencies.

I can agree to most of that Bozi.... but last year, before the CGP merger, we had no idea he was so inept... and would set out on such a disastrous plan of stop everything, mothball the company, refuse to commit to any strategy and just hope no one asks questions..

TheItalian… the lower of share price slides, the more impossible it becomes for us to qualify for that finance… it’s getting further and further out of our reach… and the dilution becomes larger and larger…

I’m going to predict a relatively calm finish to the end of the day… afternoon reversal

To be fair Fort…. It’s not up to Bob to turn it around… that’s Scott’s job..

I'm expecting another Berry Street Capital type statement released soon, from somewhere, as we head towards the AGM..

I just laughed at the screen when I read it

I don’t know any other team that could have turned around SOLG as quickly and efficiently as we did.

I can already predict Maxit, Scott and the rest, all boasting, and back slapping about selling, at a large premium to the share price on the day any monetisation event takes place... Anything near 20p will seem like a result.... and THEY WILL hail it as a fantastic success....

Bonuses all around chaps... another successful sale at a huge increase to market price on Bobs record...

Scott can collect his bonus for being the useful idiot.... and as the months fade away, convince himself he steered the Solgold story to a successful conclusion..

It was only a matter of days ago I wrote if Solgold are still around and focused on Cascabel in 2025, we would be a single digit share price...

That post now seems very optimistic.

I wonder how Redramper is feeling these days, given he used to write essays attacking me for daring to question his mighty £1-£2 valuations...

Its a no...

The like of Darryl and Fawzi must be laughing in to their multi million dollar redundancy pay offs.... which is where the Osisko funding went..

I'm sure Scott has a fantastic redundancy package waiting for him.... far more lucrative than his 200k a year he is getting for his excellence... and I'm willing to bet my house its not performance related..