Member Info for Quady

SharketMare you first state my post, then you write that it is wrong while stating I am correct. I am really confused. Yes of course they would not benefit from the lower percentage, hence why would they sell a lower percentage. Just because I didn't state that, I doubt anyone on here could not say that was naturally implied.

2Luke we are going to or have valued the 20 tenements we have up for partial sale or on a complete basis. Which means these are included. Cascabel may I remind you is now progressing towards DFS.

Addicknt it is harder to sell in part because of the diverse book and other defense mechanism's. If we want to sell off tenements, then we will need to sell a larger share or maybe 100%.
Therefore we will be attributing a higher value, and as such maybe will be used as part funding of Alpala and Porvenir. Hence this is about part funding and not about selling our flagship projects. I see this as a continuation of selling off of 20 tenements that Solgold have mentioned in the past.

Bubble this has nothing to do with a bid. In fact quite the opposite. It's to ease the path to production, by making a bid harder.

Someone gaining 30% at PFS stage means we get bought out cheaply. So 50% is more desirable, as it is unlikely our partners will sell out their holdings for less than they are worth.

Fortissimo that makes no sense. We are at the PFS stage, so original figure of 30% is the bottom end. This adds to our defence of the company, and this clause will go or be replaced as we progress towards production.

Agreed Addicknt, I certainly made my view known to Solgold, as it looks like many others did.

Correct addicknt, we will always have these corrections.

Novicehunter the volume was a little better today, but still below the 16 million plus we should be doing everyday just to have reasonable volume.

SharketMare that comment makes no sense if you believe a bid is coming.
This is just profit taking on small volumes.

LunchMoney you are not showing your ignorance, I don't know the answer either.
However as we have seen in the past BlackRock keep falling and rising above 5%, so it seems likely this is to do with the weighting of funds containing Solgold shares.

Hi indi123, they are completely different. BlackRock purchase Solgold shares dependent on the weighting of the funds that people buy into, so it's because that particular fund is being purchased. If They buy independently then it is BlackRock taking a position.

So Bubble BlackRock own funds, if these funds have Solgold in them, then when people buy those funds, their number of shares increase and when people sell the corresponding funds, the number of shares decrease.

Bubble I doubt Blackrock are topping up, I would guess this is one or more funds run by Blackrock, so it will go up and down.

Correct DBW that's what I said.
BHP will have to pay full price and we know they won't do that.
Solgold are not moving forward as if going to production, they are moving forward to production.
Oh dear I see Slug is back as SnailTrial. He will be gone soon.
So easy to tell as he is so unintelligent.

Sorry Bubble since 2015 NM has said the opposite. We now know that no one has even approached us for a bid, and we proceed to production.
The message has been constant, and now our CEO has confirmed this.

Which bit is rubbish Bubble, are you saying Solgold are lying.

Well it couldn't be any clearer, not only do we not have a bid. No one has approached us.
Also as stated we are going to construct Alpala, unless we get a bid at full value.
We all know what that means.

As usual rcgl2 you make a good point, but I would have expected this at the AGM. Which at that time I would consider what was being proposed.

Morning addicknt, I just wonder why this EGM is even taking place. This could have been settled when the hireings took place, or at the AGM.
So for the first time I will be voting against.
If our major shareholders vote for the motions, you have to ask why.