Member Info for Quady

Hello addicknt my take on this, is that platforms that offer automatic trades are being offered to the general public for peanuts, they even offer tax returns for many countries. I looked at one a couple of years ago. I haven't found one that I could incorporate into my ISA, so that idea is on hold at the moment. Interactive brokers are big on this.
Now if you were into that type of trading. Setting your buys and sells to take account of your dealing costs, stamp duty and tax, you can make small amounts of money with every rounded trade.
So if you had such a platform, then ask yourself what type of companies you would trade in.
It would be a company that had low volume so the moves were more extreme, that had major holders not selling their stakes and so a limited number of shares in general circulation, so small amounts make a shift up or down, so they can make a profit. In other words a share like Solgold. Also could be people selling and buying units that have Solgold as part of the unit could be another reason .
No need for conspiracy theories.
When we get news we will acquire volume, and then we will be into another conspiracy theory by the people who don't know anything about investing, as they always blame the company and not their investing knowledge.
I don't count you among their number addicknt as although we disagree, you don't hold with conspiracy theories.

All the best.

Oh dear Opulentia what a childish post, of course I am not the board monitor.
Also read what I have said and then read up on share manipulation, autotrades and how they work. By that I mean do some proper study and don't use the Internet.
I have never said share manipulation doesn't happen. What I have said is since 2012 I have never seen any evidence of the Solgold price being manipulated.
That is a big difference, but Hey Ho prove me wrong
Tell me how you have come to believe the Solgold share price is manipulated, because when it does happen, it's pretty easy to spot, after a few weeks.

Share price manipulation is just one way of telling who on this chatroom knows what they are talking about and who doesn't.
Those that believe the share price is being manipulated don't understand how the stock market works.
All you have to do is look at the volume and that should be enough to understand that what we have is low volume and not manipulation.
Anyone that says look at all the autotrades again doesn't understand auto trading.
Go away and read up on the subject and please don't add to the ridiculous conspiracy theories on this chatroom.

Good afternoon ssmith_trader, while I agree with you on BBG not having both paddles in the water. I have to disagree with you on the board. I believe they will publish a realistic PFS, and acquire a CEO and relevant personal to take Alpala to production. I don't post much these days, as working on a project, but also fed up arguing with the uninformed posters, that for the last 9 years have called a bid almost every week only to blame the company when they don't get one, rather than blame themselves for not being able to evaluate the situation. I am just as positive about Solgold, but it's going to take time. No quick money here.

Schlemiel you still don't get it. Selling the company is the last thing we want.
A distressed sell, means we sell out cheap.
All we have to do is vote for the board.
That clearly tells everybody we are not distressed or selling cheaply.
So at that point, people can make an offer or sit back and watch us build Alpala.
Anyway my last post today, as working on my little project, that seems to be getting bigger.

Good morning addicknt, sorry but you have consistently said Mather was finished at the last AGM and constantly chided me for not understanding this. Now you seem to be saying he has influence.
May I also remind you Nick Mather is not standing, his place is secure.
This has nothing to do with NM.
It's BHP wanting to have a more compliant board that would allow BHP to slowly acquire us by providing funding in the form of them getting greater amounts of equity. Until they can launch a no contest bid, which means BHP sets the price. We have no need to do this. As we have said for years, this can be done with minimal dilution. Even Redknight is now saying what I have been saying for years, but he will never admit it, as that would be a step to far for him.

ijgs, the board has been totally consistent in we are taking Alpala to production, that we are going to do it faster and cheaper than the figures in the PEA.
That in the PFS we will be using 1700 dollars per ounce for gold as opposed to 1300 dollars.
That we already have 1 billion dollars lined up in funding.
What makes you think we cannot bring Alpala to production.
BHP knows we can bring this to production, that's why we are in the current state.
Not voting for the current board, will see you sell your shares on the cheap.
Voting for the board means BHP cannot bid for us, because NCM and CGP will not vote for a cheap takeover by BHP. This is because of the diverse book, as no party will say let's sell BHP our shares on the cheap. In a way it doesn't matter what PI's vote, as the situation is vastly different to the last AGM.
This maybe BHPs last attempt to get us cheap, this allows us to proceed, and add value to Solgold. As the current board says if BHP want us, we want a fair value bid.
You know my view, it's BHP want us on the cheap. Well the current board, are saying it's fair value or we proceed.
There are plenty of other companies that want in on Solgold, so the people on here that say we cannot fund the Alpala build, say this with no evidence. As if this was true, Ingo would not have a billion lined up, and the Solgold share price would be a fraction of what it is today.
We can and will build Alpala. I think the question is how this is funded with minimal dilution, which is what Solgold have always stated, will surprise all of us, as this is what I believe will release value for shareholders, not some fictitious bid, which if it was going to happen, would have arrived over a year ago, when BHP was released from standstill.

Addicknt I am sorry to hear about your friend.
Now you say it is completely obvious that all is not well between BHP and Solgold. However on the 26th October this year you said the opposite.
The RNS yesterday I see more than a statement of fact. Let's keep our powder dry and see what the roadshow brings.

Just got in and read the RNS.
Agreed Skint, we have only one choice here, vote for the current board, they will protect us from a low bid. We don't want the BOD infiltrated so we get sold on the cheap. Sounds like they need some more time. They have my support.

OK Jerry so your accusing NCM of lies, when they say they use Civil engineering companies to construct their mines.

Do you really think Mining companies keep hundreds if not thousands of people on the payroll, just in case they decide to build a mine.
The way it works is a HLD will be designed by Solgold on its own or with brought in experience. The LLD is more difficult and I imagine this will be broken into its component parts and experts in the various stages of construction will do this work. This will enable costings and a timescale to be arrived at and the mine design to be finalised . The money will be raised, and the civil engineering company or companies, who have been chosen and consulted along the way will construct Alpala.

On the discussion of the CEO, how about Solgold are being truthful and we are looking for a very special individual to take us through our next stage of evolution to become a producer. As simple as that, it takes time.

Jerry name me one company that has the engineering staff to build a block cave mine
Let me help you the answer is zero, BHP and NCM and others use civil engineering companies. I posted the evidence over a year ago.

Monte to answer your incredibly uninformed post, the reason someone who believed this was going to production, would not sell up and come back four years later, is because my entry point is 4.6 pence a share, and I won't get that in four years time. I should think that would be obvious to everyone, but apparently not you.

Monte no one knows who is who here, so you can only judge for yourself.

Monte again untrue people like Mathersfinger rcgl2 Copperpot Bozi and many others disagree with my position, but the difference is they show understanding, many are more knowledgeable than me and reason their views out.

ssmiith_trader of course people like me understand opportunity costs and markets, I brought at a low price in 2013 because I understood those very things. As you know I don't trade so I take a position and sell to get my money back and make profit, but keep what I consider a serious amount, in order to let this play out.

Monte your posts are always short of understanding. NM and others get less than the market wage, he and others have options which are about to expire. And he gives a lot to charity. So he is not someone who thinks as you describe him. If you truly thought this over the years, you would not be invested today. So it tells me something else about you. You just want a quick return on your money. That's not going to happen for so many reasons.

Agreed Mathersfinger if it wasn't for Nick, we would not be in control of Solgold. When BHP wanted 70% of the company for what would be a derisory offer today. BHP would have got their way. Some on here say that BHP was annoyed with the Franco Nevada deal of one percent NSR, but it stopped us being diluted at around 25%.
Nick has been nothing but good for us, and continues to be.
We won't be getting any low bids while he is around, which means no bid, as BHP have said on more than one occasion, there are bargains to be had.
Solgold is not in the bargain basement.
As people often remark lots of news to come, but the next note worthy news I am looking for is the PFS, as then our path will be more understandable. The people knocking Nick are the ones that don't understand about long term investment.

Talatum he was not voted out.

Talatum h

Good afternoon Janice, while I disagree with your position, I do sympathise. However without Nick Mather, I believe we would have been taken out cheaply. When you say we will not get funding to go to production may I remind you of a few facts. After the PEA we were told that the cost to production was just over 4 billion dollars. I think 4.3 billion was the figure, but if I am wrong then someone on here will correct me. We are now awaiting the PFS which will be open cut and get us to production faster and cheaper, also please remember that Ingo has said we have 1 billion lined up and that was nearly two years ago. I personally am invested because I think after the PFS with the revised gold price at 1700 dollars an ounce, up from 1300 dollars on the PEA. Means we can do this. Nick Mather has his faults, but he also has his good points, and the one good point I look too, is he wants to bring Alpala to production, but if he cannot do that, he won't let Solgold go cheap.

Oh dear, more conspiracy theories. BHP, will not overpay, and with the diverse book, will not bid, as the price will end up being more than BHP wish to pay.
We are looking to fund Alpala, and with the right engineering company, build.