Member Info for Quady

No zoros that is completely wrong, the share price would only drop if more shares issued for nothing, we get at least 50 million for the shares, so that makes it neutral. Wherever the price goes up or down, depends on the take up and price paid.

Zoros still not listening read my 18.16 post today, it answers your question and others that you haven't thought to ask, if you can read between the lines.
Also why on earth would Franco Nevada be interested in any prospect without at least a PEA, not sure you understand what steaming finance is.
Lastly find me a post when I have said no dilution, I haven't so please stop telling porkies.
I have repeated the company line, that minimum dilution for Alpala.
If you don't believe me, then email the company and accuse them of lies.

Zoros you really need to listen, I and nearly everyone on this chatroom understands that we need to raise money for drilling.
What the company has always said is minimal dilution to get Alpala to production.
You do show yourself up.
However predicting your next misquote, the company has said we don't know the timescales and costings, for that we need to wait for the PFS.
You must learn to listen.

Don't know Smickster.
I am guessing that the BOD has been talking to various parties interested in a stake in Solgold, and they have an idea what will be bid.
It is quite possible they have chosen this method to get round the two resolutions that were set aside in the AGM.
I agree it will provide a useful indicator, as if as you say BHP and NCM clear up, then I don't see this as a good outcome.
However if we get another party invested at a higher price, that to me says, that we intend to remain independent.
The interesting bit is they don't appear to be going for the 50 million.
Again this could be that they wish to reduce the NSR to 0.5 %
Interesting times.

Just looking at TSX, no excitement there.

Patience Novicehunter, just a few more years.

Sorry to hear about your friend Patrm.

Agreed PAULU557, but it is what it is.

Hello PAULU557 I can assure you that Solgold has not been shorted since I have been on this board, as it's one thing I check on a regular basis.

Zoros I hope to live long after 2050.
But if I am not then my children and some charities will prosper from my time walking this Earth.

Hello DBW I am doing this post from memory, so sorry if I get the timescales out a bit.
I have been here since 2012, I invested end of 2013.

If I remember correctly we had a couple of Donkeys with a drill rig on their backs, getting to the 1st Alpala drilling site.
We started with two rigs and our Donkeys took three months to put them in place. ( I remember the pictures of that poor donkey being dragged up to the site by fly line )

Also these rigs were not the modern deep drilling rigs that we use today, although I believe we are still using them.

So to drill out Porvenir today will be quicker and cheaper.
We can site a drill rig by helicopter in a day.

Hence all the timescales are out, if we judge by Alpala.
We will also drill our other tenements faster, and we will deliver MRE's faster, so I believe that 2021 will be the year, we get a better understanding of the company by year end,
This is because we have developed the process as we have gone along, as I have said many times, that engineering is a process of continuous improvement. Making Porvenir cheaper and faster to prove up than Alpala.

Next year we start construction at Alpala ( if the PFS allows ).
Also we maybe delivering a PEA on Porvenir next year, and that will add to the NPV.

So really quite relaxed and we should see some value in Solgold by 2025. And even more by 2028.

Morning sire_frugalman, if you believe what the company has been saying since 2015 then we are going to production.
The company has never wavered on this point, including the current BOD.
If you follow the conspiracy theories on here by the so called experts then you believe that the company is telling lies.
Really couldn't be clearer.

All the best.

Understand your points as well BNC.

I know BNC, he was answering the question, which as you stated was when a mine would be completed, and as you said he said, it was no, it will be closer to 2028.
Let's agree to disagree and see what the PFS states to see the official timescales for how Alpala is constructed.
Because as he said, we will not know the timescales and costs before the PFS.
He never answered anything on when production will start.

All the best.

That's more like it Zoros.
Apology accepted.

That's correct BNC, but he was on about a full block caving production operation. Earlier on he said that we will not know the timeframes and costs before the PFS is delivered.
Also in the previous RNS he said we get an open cut and Production faster and cheaper.
I know we need to wait for the PFS for the new timescales, but we will be producing revenue a lot sooner than 2028.

Hi DBW
I have to disagree, as soon as he finished I listened to it a second time.
He said that a block cave operation would be up and running by 2028.
Earlier he said in the same presentation that they needed the PFS to understand the timeframe and costs, to get us to production, and if you take that with the previous RNS, which said production quicker and cheaper, using an open cut. we are still on for 2025.
As you have to take into account the year delay on PFS.
I think this is all good news. But broadly know we agree on this point.

I think the problem is some people on here only listen to the points that support their world view, and don't listen to anything that doesn't.

Exactly DBW that is what was said by KM, only some on here choose to pretend that production is 2028.

Fair point BNC, Apoligies to Schlemiel.

schlemiel have you ever dealt in shares before Solgold.