Member Info for Quady

Good morning phattrafer1, surely lack of Franco Nevada, just means the site visit hasn't been carried out. It's as simple as that. I don't see due diligence happening . May I ask your reasoning . All the best.

Good morning Scoutt, a lot of people are expecting a bid. Why ? People have been talking about a bid for Solgold on almost a weekly basis for Solgold. They still are. Yes we have the CGP situation. But that doesn't mean a bid for Solgold will follow. My point is, only BHP cannot bid for Solgold till 15th October. Everyone else can. So why has no one bid. Could it be, that NM would make a bid difficult, and no one will go hostile for Solgold. It can't be that no one , will bid because it releases BHP to bid. As after the 15th October, they are released to bid anyway. I don't see any bid coming, and have been in the minority, not seeing any bid for the last 8 years. Why not bid now, before FN funding, and PFS. Share price is cheaper now. So why haven't we had a bid?

As far as I know Jesus didn't lend money, or are you saying he was a loan shark.

Thank you allthatguff, so this is refinancing of existing Bonds, plus the 5 billion IMF loan. Wander how much more debt they have.

A Lithium car battery for an electric car, is mostly Cobalt and Copper, It's used for the caps on Cathode and Anode, and allows the battery to charge. No shortage of Lithium.

Good evening Gloomybare, why do you think Lithium is a good bet.

Not last night, Friday night, but you know what I mean.

You got it wrong again Swazers, they was a trade last night at 23.001 Pence , before closing at 23 Pence. But your charting should tell you that. So your Wrong again Swazers, Keeping up your 100% record of being wrong, you never disappoint.

Good evening RICH3R, just got ticked up on your last post.

Different times, we had not funding, and share price low so when we did fund we got diluted, when I joined in 2013, only 600 million shares in total, today is a different story.

Thank you BNC, I couldn't see it either, but maybe thought he was on about something else, so didn't comment on that aspect. I can't make head or tail of anything he's saying. This sounds like a scammer, using this site, to peddle his dodgy wares. PUBLIC WEALTH WARNING. Do not have anything to do with Swazers, and certainly do not give him money, under any circumstances.

Swazers, you said this will go to 16 pence, and would not break 23pence. Your record is impeccable, since you have used your charts. ( Complete rubbish ) You have been 100% wrong. I think you owe people 400 pound refunds for your charting experience. I suggest you buy a book or two on the subject. Even I have done that, and would never use charting to base a decision on wherever to buy or not. Because it's part of your analysis, and cannot be used in isolation, and frankly I don't know enough about the subject. Why not prove you are at least not a complete idiot, and buy a couple million Solgold shares, and enjoy the ride. After all you have all this money to sue people.

Your welcome nedk

Good evening RICH3R, you are of course correct, put it down to lockdown madness.

Thank you Wensleyman, that's what I could see, I thought it wasn't updating. I can't filter Zoros, His information is too precious, as it's full of rubbish, and baseless. Besides, I don't have the sky comedy channels package, so have to make do with Zoros. Makes sense that he can't count.

Guys can someone click on my name, and tell me how many posts, I have done over last 30 days, I think it's under 500, just wondering if it's me that can't see it, or if Zoros cannot count.

Agreed Colonel.

What reply Zoros, as usual you have said nothing.

Yep Swazers one hundred percent record is still standing, as we have hit 23 pence. A round of applause please. How does he do it, No one can be 100% wrong, this takes a special kind of person.

One of the more interesting posts from the site. Not sure how he gets the 28.8% figure, as I believe he has counted the 7.4% of Solgold shares twice, once as the 15% of Alpala and then added the 7.4%. He's wrong as total of Alpala is 21.4%.and 7.4% of the rest of the Solgold business. Anyway post below.

@Benedict 28.8% Interest? ---- Cornerstone has a combined direct and indirect 21.4% interest in the Cascabel Project and the projects falling within the Cascabel area of mutual interest in addition to Cornerstone’s ENAMI Strategic Exploration Alliance and other assets.
PLUS
Conservatively assuming that Cornerstone could otherwise finance its carried interest on a zero discount and zero cost basis, the value of Cornerstone’s carried interest is equal to approximately an additional 7.4% interest in the Cascabel Project. The strategic benefit and value to Cornerstone of its carried interest is even greater when considering the costs of development through to a bankable feasibility study on comparable projects are well in excess of US$350 million.
EQUALS
28.8% ????????
AND Feasibility costs >>> plus interest thereon from the dates such expenditures were incurred at a rate per annum equal to LIBOR plus 2%. <<< value accretive
MEANWHILE: Franco deal includes a clause :
if SolGold does not satisfy certain conditions (including SolGold fully funding the Cascabel Project through to feasibility) and fails to perfect its 85% interest in ENSA, the NSR royalty on SolGold’s interest in Cascabel will effectively increase to over 3%.
IF the above is true – one would think CGP has a target on their back ....