Member Info for Quady

Good afternoon Gino

You cannot compare us with any other company out there.

What we have is unique.

I get that early stage construction with the copper and gold grades we have are not outstanding and their is no getting away from that.

However it is the size of the ore body which is spectacular.

If we get a near surface gold recovery at a lower cost.

Then we are going to build this, if not we need to JV.

Do the sums, I don't believe we are going to be purchased, because nobody will get all the invested parties together and make an offer agreeable to all.

Hence we need to build.

Ortherncopper there are many reasons for being overweight.

I was overweight and put on weight eating 800 calories a day and exercising.

It's because my heart was only operating at 25%.

When it was fixed the weight dropped off double quick.

Also if you understand how the insulin cycle works, then again you can put on weight from being insulin resistant.

You can also put on weight from an underactive thyroid.

Haven't even mentioned depression which is a real illness.

Addicknt I don't believe the AGM is anything to do with any offer.

Hopefully we get more information on our direction.

Sorry addicknt you are missing my point.

None of us know who's going to vote for what.

But we can guess what Mather will do, because he's done it all along.

He will not allow a low ball offer and he will add to the defence of Solgold considerably.

What Mather decides is incredibly important in the direction of Solgold.

It's not about who supports Mather.

It's what Mather gets for supporting anyone's position in Solgold.

He carries emense influence.

Addicknt it's not about support it's about ownership.

Mather owns the largest amount of shares through various guises.

Good morning addicknt.

Nick Mather owns just over 90 million shares, which makes his personal holding just over three percent.

Which as I stated gives him the biggest holding in Solgold in his various guises.

Addicknt he does have the largest share holding here in various guises, which is what I said.

I never referred to his direct holding in his own right.

Sorry addicknt not a debate but a matter of fact.

For accuracy addicknt.

Mather was not given the heave ho, he resigned.

He won a majority.

Addicknt of course we need Mather. He has got us this far and avoided a cheap takeout.

I remember people on here saying if BHP wanted us, they could just buy us.

That was never true.

Mather has the largest holding here in various guises and is an important part of the diverse book.

He is key to the future of Solgold.

If Mather was to sell his holding, then that would be evidence of a potential bid.

But at the moment he protects Solgold against cheap bids.

Good evening miketrix could you ask your AI engine who is the most unintelligent poster on here.

I already know the answer, but would be good to have it confirmed.

Addicknt I was making the contradiction you pointed out.

He wants more shares for greater liquidity, but at the same time wants us to defend less.

And then goes on to say this is good for the retail market.

As usual Slug jumps in without even watching it.

Gets it wrong on all fronts.

Really no difference if he had watched it.

This is what makes him the most unintelligent poster on here by a country mile.

Wrong Madpunter I have never said I am certain that the company is taking Cascabel to production.

I have said it is the most likely outcome considering the facts and evidence.

Try listening to what Solgold says.

It's a good listen Shipright as I heard it this morning.

Warren Irwin talks about a tight market in Solgold.

Yep that's what a diverse book with no controlling interest gives you.

He would also like more shares issued for Solgold as he believes that pricing would be better established.

What he really means is he can't buy any cheap as it would massively affect the price and he is stuck.

For someone who is meant to understand this type of business, it almost seems he doesn't understand how a successful company can defend itself from a hostile bid.

Thank you Copperpot.

Good evening Padmaster, no unfortunately I have to travel to get dark skies.

I am in Surrey, but haven't taken the Altair astro out as the weather hasn't been that fair.

I hear that we will have a chance in the UK, as this is the best it's been for years.

Have you had any luck.

Jezzoo I have only done two major jobs in my life one as a Technical Analyst working in the Super Computer division and one in Finance, was successful in both.

Just happens to be the skillsets I have.

You may notice I don't comment on the running of the company or Management because these are not my areas of competence.

Hence it's easy for me to see through people like Slug, Redknight and ColonelDrake.

It's easy to be right, just comment on the things you know about and keep quiet about the things you don't know about.

On the running of the company and management, I prefer to listen to Addicknt and DinnerMoney and one or two others.

Not many worth listening too on here, all they do is say a sale is coming.

You would think that after ten years of saying a sale is imminent every week that their own stupidity would make them think.

However the idiots are backed by other useful idiots that have no idea about investments and how to proceed in difficult circumstances and markets.

Looks like the Italian has given us a lesson in supply and demand this morning, using electricity supply as an example.

My point is that a supply and demand cycle such as this does not necessarily lead to an increase in price.

Because of the upcoming cycle.

In fact you have to look at the existing cycle, compared to previous cycles to understand what happened in the past.

For example did a shortage of supply give people the confidence to increase supply knowing demand was there.

Did the extra supply stabilise prices, did the price increase affect behaviour.

Did the behaviour start another cycle.

I am only covering the basics.

I think economic information gets a bad press because people think basic economics is all their is.

Sorry addicknt but I have to disagree.

On the way to become an actuary you have to take core technology exams in statistics.

Some of these include human behaviour and are very accurate.

If they weren't then insurance and assurance companies would lose lots of money in a very competitive area of the economy.

You don't get an in depth understanding of supply and demand without understanding the driver's in great detail.

We have certain poster's on here that think they understand supply and demand and that the algorithms are simple.

Supply and demand equations are some of the most complicated in economics.

.

If you think that more demand than you have supply for any commodity means the price rises, then you don't understand supply and demand cycle's.

You need to understand accelaraters and constraints within a supply cycle, not to mention constraints on substitute cycle's.

Gold and copper prices will be limited within any cycle.

Oh dear oh dear, Slug doesn't even understand when Solgold say we are going to start construction in 2024.

Which was not only said to investors, but also to the mining minister.

He think it means something else.

This is just more evidence of why he remains the most unintelligent poster on here.

He is really going to struggle to find anyone more unintelligent anywhere.