Member Info for Padmaster

Yes skull, the site is playing up tonight by going off line for a very short time and somehow repeating posts lol.

A year or so ago, a number of us were predicting a share price achievable beginning with a £ sign, and the infestor clowns laughed at us.

They're not laughing now.

GLA

Oh well. Worth reading three times!

Here it is AKG.

BHP copper bottomed.
A note to junior miners on how to turn copper into gold. The world’s biggest miner, BHP Billiton, is paying £45m for 5 per cent of SolGold, one of the world’s smallest, writes Kate Burgess. That is a whopping 30 per cent premium for a stake that barely gives it bragging rights, let alone control, over SolGold. BHP has also agreed not to launch a bid or lift its stake beyond 11 per cent, for two years. The deal sets it squarely against Aussie rival Newcrest, owner of 14.5 per cent, but leaves SolGold free to explore its Ecuadorean jungle acres.

You have to applaud the tiddler. Junior miners do not often best the majors — as SolGold knows having suffered when Newmont pulled out of a partnership six years ago. That forced it to focus on its Ecuadorean interests long before they were fashionable.

Now, though, copper is the new gold in a world of renewable energy and electric cars. There is about 30kg of copper in every Toyota Prius. A wind turbine needs 3 tonnes of the stuff. Demand is forecast to double over two decades and the pipeline in new projects is shrinking. Everyone wants a piece of the action. And it seems Ecuador has world-class deposits and SolGold the rights to large chunks of them. Rarely do things work so well for junior miners. SolGold is determined to make the most of it. While it lasts.

Here it is AKG.

BHP copper bottomed.
A note to junior miners on how to turn copper into gold. The world’s biggest miner, BHP Billiton, is paying £45m for 5 per cent of SolGold, one of the world’s smallest, writes Kate Burgess. That is a whopping 30 per cent premium for a stake that barely gives it bragging rights, let alone control, over SolGold. BHP has also agreed not to launch a bid or lift its stake beyond 11 per cent, for two years. The deal sets it squarely against Aussie rival Newcrest, owner of 14.5 per cent, but leaves SolGold free to explore its Ecuadorean jungle acres.

You have to applaud the tiddler. Junior miners do not often best the majors — as SolGold knows having suffered when Newmont pulled out of a partnership six years ago. That forced it to focus on its Ecuadorean interests long before they were fashionable.

Now, though, copper is the new gold in a world of renewable energy and electric cars. There is about 30kg of copper in every Toyota Prius. A wind turbine needs 3 tonnes of the stuff. Demand is forecast to double over two decades and the pipeline in new projects is shrinking. Everyone wants a piece of the action. And it seems Ecuador has world-class deposits and SolGold the rights to large chunks of them. Rarely do things work so well for junior miners. SolGold is determined to make the most of it. While it lasts.

Here it is AKG.

BHP copper bottomed.
A note to junior miners on how to turn copper into gold. The world’s biggest miner, BHP Billiton, is paying £45m for 5 per cent of SolGold, one of the world’s smallest, writes Kate Burgess. That is a whopping 30 per cent premium for a stake that barely gives it bragging rights, let alone control, over SolGold. BHP has also agreed not to launch a bid or lift its stake beyond 11 per cent, for two years. The deal sets it squarely against Aussie rival Newcrest, owner of 14.5 per cent, but leaves SolGold free to explore its Ecuadorean jungle acres.

You have to applaud the tiddler. Junior miners do not often best the majors — as SolGold knows having suffered when Newmont pulled out of a partnership six years ago. That forced it to focus on its Ecuadorean interests long before they were fashionable.

Now, though, copper is the new gold in a world of renewable energy and electric cars. There is about 30kg of copper in every Toyota Prius. A wind turbine needs 3 tonnes of the stuff. Demand is forecast to double over two decades and the pipeline in new projects is shrinking. Everyone wants a piece of the action. And it seems Ecuador has world-class deposits and SolGold the rights to large chunks of them. Rarely do things work so well for junior miners. SolGold is determined to make the most of it. While it lasts.

https://www.ft.com/content/2edf561e-d207-11e8-a9f2-7574db66bcd5

"Rarely do things work so well for junior miners. SolGold is determined to make the most of it."

Discussion point reference in the article eyesblue -

"Why would BHP not take over SolGold"outright? '

Good article here worth a read about NM's tactics, shareholdings and BHP takeover etc.

GLA

https://www.cdfund.com/en/ceo-nick-mather-makes-next-move-in-the-solgold-chessgame/

Its really exciting in Yarrawonga - tomorrow it's odd socks day.

"The communities of Yarrawonga and Mulwala are encouraged to wear their odd socks to work, tomorrow"

Heheheee. The Botswana News.

http://botswana.mynews.club/news/market-briefing---botswana-diamonds-and-solgold.html

How about Rosbalt Russian Mag.

http://m.rosbalt.ru/business/2018/10/16/1739349.html

Snigger BNC.

Yarrawonga Football Club are known as "The Mighty Pigeons"

Challenge for everyone. Can you find a more obscure publication within which there is a Solg article?

Yes Lotto.
Anna Legge, in the latest video presentation by her, refers to another 100 tenements Solg have "in the application process". 1 minute 37 seconds in.

http://www.solgold.com.au/videos/

Word is spreading everywhere.

We've even made it in the Yarrawonga Chronicle. Lol

https://www.yarrawongachronicle.com.au/@aap-finance/2018/10/16/278965/bhp-raises-stake-in-ecuador-copper-project

Thanks for the link Pinot.

In it AL says "as well as Solg's 72 tenements, there are another 100 in application" WOW!!

Superb news - well held everyone. This removes the possibility of BHP going hostile.
This should result in a massive first stage re-rate in share price.
I wouldn't want to have been out of this overnight.
GLA

£1 Solg t-shirts here we come.

Based on the Filthy share price prediction list we'll need 50 or more.

GLA

A good buy at current price especially considering the very conservative target price of 75p from the latest Hannam report which includes their calculation of a potential buy-out price up to £2.45 per share.

GLA

Though I'm all in, I'm looking at all ways to find more cash to buy more Solg.

My last resort option is to do a "Michal Henchard". Any offers over 5 guineas?