Member Info for RBMInvest

Really haven’t got time to plough through 5,000+ posts and none of your recent posts explains it. Just a quick answer will do, please. What motivates you to post solely on this board, pretty much relentlessly, when you could cash in above the offer price and look for gold elsewhere? I just can’t see the logic.

NAL, can you outline your motivation here? This appears to be the only share you comment on, one which you say you’ve held for years. Always negative commentary too. Yet you claim other posters as ‘obsessive’ for actually discussing options and potential permutations? If you don’t think there’ll be a counter bid, then logic says you’d sell at above 28p and re-invest. Why are you still here, being here is illogical - certainly not an illustration of a good investing strategy? Why are you posting to such an obsessive level on what you believe to be a lost cause, rather than moving on and seeking profit elsewhere? Genuine question.

NAL, or you’re simply the longest standing incompetent investor in history. This is the only share you comment on, one which you say you’ve held for years. Always negative commentary too. Yet you claim other posters as ‘obsessive’ for actually discussing options and potential permutations? If you don’t think there’ll be a counter bid, then logic says you’d sell at above 28p and re-invest. Why are you still here, being here is illogical - certainly not an illustration of a good investing strategy. Why are you posting to such an obsessive level on a lost cause, rather than moving on and seeking profit elsewhere? Genuine question.

Rodney’s correct in what he’s saying, or at least could be. None of us know for sure, regardless of how some like to offer opinion as fact (only to be discredited later), but Rodney’s viewpoint is a strong one and in line with my personal belief. We’ll see, more twist and turns to come here (just my opinion, nothing more).

You couldn’t make this up!

Asking why SP isn’t already 28p - why would anyone buy something for 28p on the basis that it’ll be worth 28p sometime in the future, great investment that!!! Sitting just behind a nominal bid price is quite normal.

Then someone asking why a company with the same share price is worth more than Solgold. Have you compared the number of shares in circulation, or do you really think all companies have the same number?

Some people should not be gambling their money by investing, simple as that.

Rodney, totally correct, a long way to go here. Potential twist and turns, maybe no deal for now until further derisking, who knows. Open minds required, not entrenchment, that will help nobody, especially those entrenched!

Quite possibly Fort, but we can’t expect approvals, certainly not binding, at the same time as any formal offer. First things first, we need that formal offer in, that could then trigger all manner of fun and games - or a 28p sale to the Chinese. My opinion, and that’s all it is (none of us know!), is that it will not end up with the Chinese for 28p a share. Nothing to due to regulatory approvals either.

Isn’t a non binding or provisional approval from Ecuador just as worthless as the current non binding offer from the Chinese, or the non binding support from the board.

The initial official offer will be subject to full regulatory approval, as all such offers are.

Strong reason to believe we’ll get news tomorrow, before the city folk start drifting off for Christmas, but no-one looks to keen to show their hand. Will they take it to the whistle, or even into extra time ?

Fort, there has been no formal bid and the Chinese need no good reason to pull out. That is exactly why the SP will sit well below the notional bid price until there is a formal offer put in. Roll on Boxing Day and we get some clarity.

FT, given that Peel have bought and sold roughly the same number of shares since the first offer was announced and are having to operate under a daily spotlight, can you you please explain, as one of many brokers, how they’ve manipulated the market. It is quite normal for for the SP to drop back to below an offer value, especially when a board give a non-committed OK. Why would you expect the SP to be higher than it currently is? Far from some coincidence, it’s quite normal. Peel are having to adhere to strict rules currently, genuinely interested to understand how you feel they are breaking them. I believe the BoD wanted the scrutiny the two associated brokers are now under, what they are doing is standard broker business, but with increased transparency.

FT, have you fully read the RNS and understood it? Peel have not bought 4.2M shares on behalf of our Chinese friends. Yesterday, as brokers, bought 4.2M in total, whilst in the same day selling 4.1M shares in total. It’s because they are an an associated broker that they have to report all their dealings daily. Today’s report highlight their dealings yesterday. Cannacord, as Solgold’s associated broker, have to do the same. They did not buy 4.2M shares for our Chinese friends.

This the guy?

Costa Rican number on RNS.

https://www.stocktitan.net/news/LKMNF/insider-acquisition-of-lucky-eul1yur02ek0.html

He’s a happy little man, isn’t he?

So that’s Newmont declared, who else is to come, or any late arrivals - anyone been accumulating under the radar?

Like the muppet show tonight. What a stupid thing to post…

Great info RT, thanks for posting.

A wee trader looking for a wee profit, below is what he posted on the MAST board. That’s not an issue, at least he’s open as to why he’s scaremongering.

“ Keep your eye on SOLG......just needs to tank a little , then wait....it will come to you....very very easy 10 % there....big balls, load up big time....the LTH are not selling....there's your safety nett.”

A trader looking for a wee profit, below is what he posted on the MAST board. That’s not an issue, at least he’s open as to why he’s scaremongering.

“ Keep your eye on SOLG......just needs to tank a little , then wait....it will come to you....very very easy 10 % there....big balls, load up big time....the LTH are not selling....there's your safety nett.”

Based on what, Mark? Heard something, or just given the weird trading patterns we’re seeing? Had a similar hunch, but only that, a hunch.