Member Info for Quady

Morning addicknt, no they are quite normal.

People buy shares through ISAs or nominee accounts invest monthly.

So they buy and sell in small amounts.

Also when funds are cashed or added two.

Sometimes if the percentage of a share is small. Small transactions take place.

There are other reasons, but what we require now is a market presence so people know who we are.

That's the problem with small trading volumes.

You get moves one way or the other and they are often high as a percentage.

Thats why we need an absolute minimum of 10 million a day traded.

Good morning Darren Kerry, the drop and indeed any rise is just normal trading patterns.

Just some on here like to pretend it means one thing or another.

Good morning addicknt.

It's not contradictory at all.

No more fund raising through dilution to advance Cascabel.

So maybe an offtake or share of ENSA to start construction.

This means no DFS required at this stage.

Good morning addicknt.

I believe the problem we have is that in the past we have said that if an offer was tabled that was fair value, then we would look at it.

People on this forum have taken this out of context and for years they have expected this to be sold.

That's crazy thinking.

From the outset Nick Mather has kept the book diverse.

No company can dictate the terms on how Solgold moves forward.

Those decisions are taken by Solgold.

We have defended successfully on all fronts.

I have always said that production was the most likely outcome given the evidence we have.

To cover your point on why we don't just say we are constructing Alpala.

Well for the same reason.

If we got a fair offer, I feel we would sell Alpala.

However the diverse book makes this expensive for a hostile bid. So that's a non starter.

So we require an agreed takeover.

Well that means paying fair value.

I just don't see that happening at the last minute.

However the means for us to construct Alpala are many.

We can fund this in so many ways. Including a JV in which we maintain the controlling interest.

The strategic review is about the best way to advance Cascabel.

That's exactly what is is going to say.

I wouldn't be surprised to see a start up for under 1 billion for say Tandy.

This part is more your area than mine.

If we can raise 1 billion in staged funding from a JV partner, royalty and loans. Probably a mixture with maybe some equity at a higher price because the question of we will build this or not has been removed.

Then do we require a DFS at this stage.

After all we have got an offtake agreement already without a DFS.

The DFS is not a problem, as we redid the PFS in a format that can be used in the DFS, thus producing the DFS on a quicker basis.

Engineering project's are undertaken all over the world every day.

The company doesn't need the expertise.

They buy it in.

Civil engineering project's are undertaken on a basis of continuous improvement, on costs and time to deploy.

All Solgold has to do is raise the funds.

Either you believe what we have in the ground is big enough to attract funding or you don't.

Personally I do.

We await the strategic review.

Three candidates declared so far.

Guayaquil Guayas, he was the vice president between 2018-2020.

Another person also called Guayaquil Guayas, he is currently serving on the national assembly.

And lastly Alausi Chimborazo, who is also a current member of the national assembly.

Good morning Bozi.

I know you don't buy into this argument, but would ask you to look at it with fresh eyes.

The diverse book has become more diverse.

So a takeover is even more difficult.

Citi has protected us from a takeover.

The only problem has been COVID has meant we have not advanced as fast as we could have, and so has been more expensive.

We are looking at this in the strategic review and hopefully this will give us a view of the future direction of Solgold.

Seanhunter your full of it.

So you make between 30-120 pounds a trade.

But some time ago you reported on ADVFN that you were up over 4,000 percent.

On Advfn Seanhunter said at 10.29 yesterday that he was adding another few thousand. So he reckons he bought after 10.29 yesterday.

Good morning addicknt.

I think the ambiguity is intentional.

I look at the statement we are mine explorers and not mine builder's.

Then look at the strategic review which is determine how to advance Cascabel.

Then look at further engineering studies on how to reduce build cost.

I suspect we are looking at a JV.

As this is the only thing I can think of that makes all those statements true.

However we are also looking at other sites.

I also am interested in Limon who recently announced increased gold after getting a 12.5% carry.

Thank you DG1

Bramaderos is close to Cascabel and for me it stuck out as a good prospect when I looked at what CGP owned.

Many thanks.

Good afternoon DG1.

Thank you for the update.

May I ask if he mentioned Bramaderos and particularly at the Limon target.

We acquired this when we brought CGP and my understanding is we are taking this to production with a JV with Sunstone metals.

I also understand we are 12.5% carried to production.

Good afternoon Ortherncopper, it's just low volume.

No one interested in Solgold at this moment in time.

Agreed Anon.

But anyone who knew anything about Solgold would have never made those comments in the first place.

This was always going to be a long journey.

Strategic review next.

Needalife you are getting beyond ridiculous.

Copperpot is one of the most respected posters here.

You cannot compare him with BBG.

He certainly is not a bully and during the early days listening to Copperpot and others, such as I did meant I wasn't taken in by the froth and encouraged me to read the company content myself.

When the likes of Earthling kept on saying I wouldn't want to be out over the weekend every weekend.

I waited and got a decent entry point.

My only criticism of Copperpot is that he doesn't post enough.

Copperpot has so far over the year's called this correctly.

Even though at times I have disagreed with him.

It is me that has been wrong on occasion.

I think it's now time for you to go.

Thank you Ortherncopper.

If it is three months, that doesn't give them much time to achieve the exploitation license.

But as usual I suspect they will leave it till the last minute.

This is unlikely.

But if anyone still has contact with the company.

Could they ask for a date by which time the strategic review will be released.

Good evening addicknt and SharketMare.

Another thought on how we construct Alpala while not being a mine builder.

Is we JV and someone else builds it.

I believe this is a possibility and if staged we could do this and keep over 50 percent.

Good evening SharketMare.

Thank you for posting the link .

You are quite right on two occasions he says we are not mine builders.

However in the early part he talks about advancing Cascabel.

This can be done by Solgold by buying in the Civil engineering expertise and constructing Alpala, as I have said on more than one occasion.

I think we all need to await the strategic review, as something is happening and as shareholders we need to understand what.