Member Info for Quady

Montecristo we issued more shares to BHP in 2018, because we didn't have a PEA at that stage and needed the money, however we put them in a two year standstill to stop this type of thing.
What nobody saw was Covid, and over a years delay.
If Covid hadn't happened we would be further along, have the PFS, maybe the CFP, and , maybe even started the build, we are over a year behind.
That's what happened.
All the best.

I am trying to imagine, that this is true, what has happened and what is happening.
Let's forget the conspiracy theories, by the let's sell it cheap brigade.

No matter what anyone says, the AGM was a success, this is because any other result would basically show that Solgold could not defend. They can.

So let's have a quick recap.

We are in the process of a redesign of Alpala to bring some of the underground infrastructure above ground to share resources with other mines. Why would you do this, unless they were pretty certain some of the nearby tenements are viable, as this adds costs at this stage, but saves costs later on down the line. So Solgold are thinking long term, about not only the construction of Alpala, but other nearby tenements.

Also we have been changing the BOD to increase our governance, and to increase the expertise of taking this to production.
So maybe this is the next evolution, and Nick Mather is handing over to a CEO that has constructed mines, and brought them to production.

As the BOD has to act in the best interests of shareholders, ( doesn't mean selling it cheap because some PI's want a quick profit ) this may be being done with Nicks consent.

Just a thought.

Oh dear Redknight, you are commenting without confirmation of the story, at the moment this is rumour, do you always lose your head over rumours. If it is true, I won't make a rash decision, but I will re evaluate.

Agreed Iceberg, I suspect will will get a bland statement.
Not sure what to think about this.

R.A.C.I.S.T.S

No room for ******s in society, we should all stand together, with his latest threats, LSE are going to have to make this a police matter at some time.

Agreed Iceberg, I have sent an email to Solgold, asking if they can provide clarification on the story, but wouldn't be surprised if they don't reply or give a general answer, that everything is under review all the time.
Guess we just have to wait. But single source from Canada, gives people an idea where this story originated.
All the best.

Rigger_Mortice you raise a good point, if he is any good, people will approach him for a position. Contractors can be in a placement for a long time these days, and the good ones are in high demand. If he has moved about and has made friends as he has moved, then again he will be on a watchlist as projects come up, requiring his skill set. We are seeing a lot of jobs in dev/ops in my part of the country, and many making the move.
I agree with you, if he behaves like he does on this forum, then he is unemployable in a changing world.
All the best.

There is a shortage of I.T workers, I know, as I retired over 18 months ago, and still get people ringing me, to see if I want a job on a permanent or temp basis, so doesn't sound quite right, but the picture you paint rcgl2 makes sense.
He sounds like someone who flies off the handle, when the world doesn't do what he wants.

Cheers Copperpot, I think we are winning, he was almost pleading earlier for me to stop reporting him.

Cheers ToS1963, believe it or not, the last time he was removed, it wasn't me, someone beat me to it. I was about to remove him, and he had gone, so more decent people around. All the best.

covgaz, never appease a vile ******, this unintelligent child, is banned for the vilest racism I have seen anywhere, it's not just me reporting him, he is now being reported across another 4 chat rooms.
He thinks like a child and believes he can bully people to get his way, as Copperpot says baby tantrums.
Zoros has got this right, just don't communicate with him.

ToS1963 It's because we lost the diverse book, that the share price was suppressed, if we lose the diverse book on here, the same could happen here.

No ToS1963.
We had 25% of China gas holdings, the second biggest supplier of gas in China, our earnings were always reinvested and no dividend paid.
From memory the highest the share price got was 15 pence.
Two families kept buying issues of shares, until they owned 75%, always diluting and keeping the price low.
Then they brought us out for 10 pence a share, you can do a takeover on the past 12 months at the highest price.
If BHP and NCM tie this up, then CGP will be brought, and they will bide their time, and as new issues are brought forward, they will dilute the diverse book, and make themselves all powerful.

Hi Bozi, we still need to understand what the situation is , we all remember that CGP were going to call an EGM, that never happened. Let's hope for some clarification from Solgold on Monday.
We have to consider that they don't respond and we are non the wiser.

Sadly FTJNY, you may be right, I am not contemplating worst case scenario, until we have confirmation.
Solgold may say nothing.
All the best.

Bubble the volumes are really low, a long way down, you do know, you cannot count crossing trades, even at twice the level of buying, the volumes would still be low.

Can be argued the other way Woody, that if this was true, Solgold would have confirmed it.
Also if it was true, wouldn't this be important market information, and the first we would have heard of it, would have been in a RNS.
The source is anonymous, and is Canadian.

I am skeptical of the story, I will wait for a comment from Solgold.

Bubble if you take out the U/C trades, then the volume is woeful, we need to trade 10-15 million shares a day everyday, without counting uncrossing trades, just to maintain a healthy average.
IE: 0.5-0.75% of shares in issue.