Member Info for Quady

As you know, I am an Oil and Gas man. This is my first mining share, and have learnt a lot. Question to those who have been doing this longer than me. We get to build the mine, and if on time, it's in operation by 2025. But it's not an Oil rig. It's a hole in the ground. I take it 2025, is the completion date, and all the infrastructure around the mine is in situ by then as well. But as we build, will we be mining concentrate, to sell on the open market?

Sorry Scoutt.

Good morning Scott, also been a shareholder in a few takeovers, not sure I agree with your figure of 40%, above initial offer. However, no matter what side of the argument you are on, everyone knows a takeover, means we don't get anywhere near full value. We only achieve that, by going to production. I think the Cornerstone issue is interesting at this stage, as we may get an indication, if any bids, will be forth coming.

Good morning Scoutt, I am not sure I understand your post. The offer is the price that Solgold will be on the 12th October. You can keep your Cornerstone shares, and get diluted next year, when monies need to be paid. Or you can take, what I believe will be a higher price in October, with zero dilution. I think the offer, will be taken up. CGP, as far as I am aware, have not rejected the offer. I also have modified my view on will Solgold need to increase its offer. I don't think it will need to increase it. It's a good offer, and they benefit from all, the other tenements. I am aware that CGP, also hold Solgold shares, and thus benefit in that way, but they seem to be slowly selling them.

I am a bit unsure if he will be taking the offer. Does anyone has a list of who owns what percentage of shares in Cornerstone. Had a look online, haven't found anything yet.

In Chromosome 2 , Telemeres were found in the chromosone, and between this was Chromosone 24, present in all Apes. During our elevolutionary path. We fused a Chromosome, and what resulted was us. An amazing story of discovery.

Hi Tiger, as thank you, just a minor correction. Humans are not descended from any ape. The correct evolutionary statement is that we share a common ancestor with our Ape cousins. And this has now been conclusively proven. The last piece of proof was the missing chromosone. Apes have 24 pairs Humans have 23. We found this by looking at the informational content between the Telemeres

Can't be Richy, the Orangutan, sounds like it has some talent.

Cheers Copper, that's my 11.00am coffee break entertainment. All the best.

Good morning Tiger, please could you try and remember the name of the program, I would love to see if it's on UTube. May also, give me some insight into Swazers postings, as maybe the Orangutan trained him, but he just wasn't listening.

Good morning Jerry. Your right, however, I do think that now the bid for CGP has finally emerged, that the result may nuance, some of our thinking, when we get the outcome. It will be interesting about CGP's response in fourteen days time, as if their advice is to reject, they will need to give some reasoning to their shareholders. If it's to accept. Then again reasoning forthcoming. I do think the next 3 months, are one of the more interesting periods in the Solgold story. All the best.

Agreed Colonel, I myself have read a couple of books on this, but it gives me no more knowledge, than to understand the terminology. I know this guy is a fraud.

Swazers, are you trying to tell me you get paid for TA. If it's minimum wage, you are conning your employer's. Why do you still refuse to perdict a date range, for your prediction. That is extremely unprofessional. It's like me saying a meteorite is going to hit the earth one day. But supplying zero evidence.

Good morning ssmith_trader, Newcrest, BHP, and CGP, with their current holdings, do not get anywhere near a takeover. Please could you show your reasoning.

Good morning DBW, I think it's more than that. I expect an outline, as to how we acquire the 2.7 billion dollars to build.

Thank you Colonel, next 14days, are going to be interesting, I await CGP's response.

As I have said, I don't see this as any sort of impediment, as too why, nobody has bid for Cornerstone. Looks like from what your saying Colonel, is that NM will acquire Cornerstone. Just our reasoning is different. All the best.

Thank you Richy.

Good morning Colonel, sorry I may be missing something, but my understanding is you are correct, but at the completion of DFS, they do not need to stump up the build costs, at that stage, only the costs up to DFS. Yes they will need to stump up the build costs, in increments, as we build. But not at DFS. Looking at the return Alpala will give once we have the DFS, CGP would have no problems financing this through loans, as we already know the payback period for Alpala allows this.

Morning addicknt, you may be right, I am unsure how much CGP, would be required to pay at DFS. People have posted all types of figures. I estimate around 100 million dollars, which is a long way from the Colonels 400 million. Very possible I am wrong and not calculating this properly. Maybe NM will be able to acquire CGP. To me that would change the takeover dynamic. Not saying a bid could not be successful, as you have to my mind, laid out a scenario in the past, as too how that could happen, and I fully accept your reasoning. I do believe however, with the arrival of Franco Nevada, that this makes a bid more difficult, and if Solgold was to acquire CGP, more difficult again. All the best.