Member Info for Quady

Thank you DBW for reporting him. I agree with your observation on the free float, and if we got some buying pressure, the price would soon recover, however at that point we get downward pressure on the price, as people profit take.
Sometimes I think I should free up some cash, just to trade this share, and keep my current holding, but cannot be bothered, as not very good at predicting the ups and downs of this share.

Sorry Novice, wasn't trying to teach you to suck eggs, I thought it was a genuine question.

All the best.

Hi Novice, the answer is volume.
Just look at the volume of trades a day.
We are not achieving 0.75% a day or 15 million volume, we are not even achieving 0.5% or 10 million a day.
The reason the price is drifting is we have scant volume.
This has always been the way.
We need traders to buy and sell on a regular basis. In other words this company needs a higher profile.
Lots of conspiracy theories on here, but this is basic, as we have no volume.
No one is shorting this share, no one is holding the price down. If they wanted to hold it down, they would need only a few shares, as again no volume.

All the best.

Ortherncopper, none of the 20 sites for possible JV's are any of the 14 sites we have escalated drilling programs on, so Porvenir and Rio are not included.

Jerry I do feel sorry for you, I have always said that production was the most likely outcome.
I know you are older than me, so please keep yourself in good health, for what we all hope is going to be a profitable outcome.

Sorry DBW, I was not referring to you, believe it or not, I believe our positions are closer than most.
I have always said that production is the most likely outcome, and that if the PFS is good enough, we can raise the money and build it.
The engineering side is about continuous improvement, and I have always said this.
So when they announce a redesign of the PFS, this is sensible, although I wasn't aware that the whole thing needed redesigning.
I believe you are open to the idea that with the right people on board, we can do this.
I believe where we differ, is you believe a sale or farm in would be preferable.

Exactly Colonel, engineering is about continuous improvement.
We still have the this must be sold brigade on here, now giving excuses why they got this so wrong.
But guess what, it's not their fault, it's always someone else's.
At the moment they are blaming NM .

Zoros, go read my posts, I said that NM had said minimal dilution after the PEA.
If you think I said anything different, please paste in what I said and the date and time.
You won't find anything.
Good hunting.

Seanhunter are you new to investing, all exploration is done through dilution, how else would it be done.

Seanhunter, that doesn't apply to me, I am averaged at 4.6 pence, I have sold some, but did all my buying in 2013. ( I have never brought more, and indeed will not buy more ).
I did that old fashion thing that investors do. I took a position.
There were just over 600 million shares in issue at the time.
So although this has been diluted in shares issued, it has not been in price for many.
We have not had massive dilution for the asset in the ground.
We need to wait for the PFS at the end of the year.
Remember the company are still saying minimal dilution.
Many that brought in above the current price, were I guess expecting a quick sale and a fast buck.
They were mistaken, but that's investing for you.

Whereas RICH3R, you provide me with nothing, I understand why I am invested, I know from your posting history, you don't.

OK everyone, I think a history lesson is required, as we have some nonsense surfacing in order to slate NM & Co.

First of all Solgold was a explorer, then in 2015 announced that we were going to become a producer.
They then delivered a successful PEA.
In order to become a producer they realized that changes needed to happen, they made these changes and more to come.
They are not doing open pit, they are still doing block cave, but with an open cut, that takes into account the underground structure.
As I have said so many times, this is a civil engineering project.
We are going to deliver it quicker and cheaper.

We all owe NM and the BOD a great deal of thanks, as they have stopped us being bid for.

Jerry, you have to remember that the new BOD members, were approved and hired by the BOD members that you are disapproving of. This was always the plan to go from an explorer to a producer.

Excellent post rcgl2, many thanks.
It explains our current situation .

If you believe that Bob, I would sell all your shares just to teach NM a lesson.

Agreed chaps, it's a civil engineering project, and just shows up the uninformed opinions of the armchair CEO's on this chatroom. They haven't got a clue, and say this is to difficult to raise the money and build as Solgold.
They will use anything to pretend there is no other way.

Nothing could be further from the truth.

Start to understand this, start to understand the diverse book argument, and you will start to understand that this company can be defended against a takeover, and that we can go it alone.

Thank you Patrm.
Yes agreed on the RNS.
Have a good weekend.

Don't worry Patrm, he is filtered, the guy is a fantasist.

I see addicknt your idea of loss of a sense of humour, is too accept snide abuse or direct abuse, or worse suggestions you have made.

addicknt you are back peddling, it was Mog that supplied the article and suggested a bid.
You however made the comment to me that I was always right in a snide manor.
I challenged you on what part of my statement was incorrect regarding the article posted by Mog.
( still no response from you and not expecting any ).
In replying to Bozi you are using an opportunity not to answer the question.