Member Info for Quady

Sorry addicknt, still have to agree to disagree, Solgold can be defended, this hasn't started yet.

Sorry addicknt, looking at CMI2I, and they seem to think, that this is a necessary step to production, nothing about a bid.

"Through the sterling work of our world class management and exploration teams over the last several years, SolGold is ideally placed to deliver on its ambitions and to continue delivering value to our shareholders financiers and the people and government of Ecuador. With a growing development team and now up to US$190 million in funding that offers the Company a clear path through to feasibility and a development decision, it is a hugely exciting time to be involved in this stage of SolGold's growth.

I really hate to say this, but what makes you think Trump won't be re-elected. Lots of people continue to support him.

Miagi, know you read my posts, so you will remember that I think this could be sold, I just think production more likely, as we continue to make progress to production, as fast as we can. Day by day, I see this will be harder to sell, as more split book, the main holders, will not relinquish without a good price. Just makes the case for production more likely.

Understand Miagi, It's just you get trapped into a line of thinking.
Addicknt made me think this morning, as to if I think if BHP funded Solgold, would I be for or against it. I didn't have an answer, as just never thought about it. I am now thinking about that possibility. All the best.

I agree with the summing up Miagi. IE: What's not to like, but for differing reasons. This is just the next stage, as we proceed to production. NM is doing the correct things at the correct time. After PFS, dare say we will see further appointments. No reason, apart from next stage being executed. All the best.

Good afternoon Miagi, maybe your looking at this the wrong way round. Maybe Tiger sold out, because he is a trader, and as a trader, wants a quick profit, and move on to next deal. Maybe although he believes this will be sold, he is starting to understand, that NM can stop this, and go to production, and he is not willing to wait. Everyone to their own.

Good morning Colonel, have you considered that NM is bluffing, by pretending to be bluffing, and he wants a bid. However if he is treble bluffing, and wants the bid, so that he can see what a fair price is. However these people at BHP, are really clever and see that he is bluffing by pretending to be bluffing, and are saying, we know your game NM, hence we are not going to do what you want, so we will not bid. Now BHP, could be bluffing until October 15th, when they will double bluff, and so again won't bid, deflating all the people that believe this is going to be brought, so these people sell up, and blame NM, and BHP acquires another 25 shares. The BHP BOD pat themselves on the back, say all this has been worth it, and award themselves extra large bonuses. After all that was the plan. If you own Solgold, then you may have to do some work for a living. However now comes the really clever bit, that NM saw through this all the time, and he knows how they react, so he sits back with a few tins of Castlemaine 4X, and carries on to production, which just catches everyone off guard. Good call Colonel, I see where your coming from.

Good morning DBW, this may be part of Citi defence, I suggested some time ago, we had to be part od various funds, IE: Pensions, Investment Trusts, and later on Unit trusts. We may see continued buying. Not sure the 50 K buys represent this, but hopefully, we will go that way.

Good morning addicknt, thank you for your thoughts.
I am sure BHP would like to own a larger share, or indeed outright. I just don't think they can, unless they go hostile, as any friendly negotiation, while cordial, would mean BHP paying near to or full value. As you know, I have always maintained, that at the right price, NM will sell. But what is the right price. If the NPV on the PFS exceeds 9 billion, then this is 2-3 pounds at the moment. I don't believe anyone would offer that.
When you say a deal between Solgold and BHP, yes that's possible, but suspect it would depend on the terms. A JV is I believe out of the question.
My question would be, what would BHP want out of it, and does Solgold have no choice.
The first I cannot answer, the second, I believe we have many options and are not a distressed company.
You ask would it be a good thing in my mind. I again cannot answer that, as it's not a possibility I have given much thought too. Maybe I should.
In conclusion: I think we have a long way to go, the further we go, the more we are worth. I am not bothered about price fluctuations, as have been at this too long. So the longer we go, the more expensive we are. ( I realize that's not true in all situations ) The closer we get to production.
May I ask you a question addicknt, as we know where each other stand on our final destination.
If a bid does come, in what form will the bid be, and if it comes after a PFS of 9 billion dollars, what range do you think the bid will be in. As always, all the best.

Not angry Magoo, curious. As an investor you think the likely outcome, will be a sale. I as an investor, think we are going all the way. The question was, since NM cannot convince you and others, that this is going to production. What can he say or do, to convince you. I admit, both are possible, and have based my strategy on that. Tiger, was a trader, and left, because he didn't believe this could go to production.

Tiger, I wish you well in your future investments, or should I say trades. I make the distinction, because you wanted a quick profit, and nothing wrong with that. But I have always looked at Solgold as an investment. Like all my holdings. I am not a trader, so don't have that mentality. All the best.

Thank you Cookie, definitely holding. I am here to see the story completed. And doubt even then, I will sell my entire holding, as always looking for more income streams. All the best.

Hahaha L2analyst, carry on with the anger. It has to break at some time, we just need more volume.

Good morning L2analyst, the reason is simple, and is the same reason, why this price is what it is. Not enough volume. It will get better, but afraid that's the plain and simple truth. But suggest you know that, and just annoyed, as many people are. All the best.

Good morning Stocky, in agreement, I have posted many times, that I may be wrong, that this may be sold. But really, every time we get a RNS, that is informing, and regulatory in its nature, then it's a conspiracy. NM is bluffing. I can see the headline now. NM has cut his toenails, what further proof do you need, that this will be sold soon, after all, NM wouldn't want to turn up to a meeting with untidy toenails. I wouldn't want to be out of this over the weekend.

So the latest thinking, is NM is strengthening the BOD, to bluff people, that he is taking it to production. Tell me Magoo, NM has been consistent in everything he has said, that we are going to production. That we are going to mine, the resource we have. What does NM have to do or say, to convince you, he is taking this to production. I can see in five years time, when the first concentrate, is on its way to the port, that your still be saying, ah wait a minute, the fact that he had taken it to production, is a bluff, and he plans to sell it. It's a serious question, what would convince you.

Hello Zoros always good to talk, I have no chateau tap, sorry about that post, however if you read my next post, I did correct it. Keep up old man.

On the fines, if any are leveled, I am pretty sure, if we acquire CGP, that we will seek compliance and no fines will be forthcoming, even if we have hand back licenses.

DartFrog, not paying costs up to now, and future construction costs, is part of the bid. It's a fair offer, and when CGP shareholders crunch the numbers, they will accept.