Member Info for RichyRich1

Hope sogoesit on Advfn doesn’t mind me sharing his post... From Cornerstone April 10 regulatory news issue: “Update on Investment in ENSA In its financial statements for the three and nine months ended September 30, 2018, the Company reported the estimated fair market value for accounting purposes of its investment in ENSA at $23,700,000 and noted that, as a result of the November 20, 2018 disclosure of the updated mineral resource estimate for the Alpala deposit, it intended to engage a valuation firm to assist in the reevaluation of that investment after receipt of the National Instrument 43-101 technical report on the Alpala Deposit, which was subsequently filed on Sedar on January 3, 2019. The Company engaged the same valuation firm, received the updated valuation report and management selected what it believes is a conservative valuation of ENSA within the range provided in the report. The estimated fair value of the Company’s long-term investment in ENSA for financial statement reporting purposes as at December 31, 2018 is $103,600,000.“ Full item here: htTps://web.tmxmoney.com/article.php?newsid=4880600980528572&qm_symbol=CGP

Montecristo, I emailed Anna last Thursday asking why we had monthly drilling updates before the MRE2 and since that’s been released we’ve not had any update for 5 months! Surprise surprise she’s not replied which is surprising as she usually did in the past.

Ok I’m a long term holder (very long term!) and not due to buying in high and waiting to recoup losses but strongly believe this will come good. However I’m starting to get very very hacked off with the Cornerstone Shenanigans!! This is obviously what’s holding the SP back and find it very strange that we’ve gone from getting almost monthly updates with drilling results to nothing for almost five months now! The lack of updates on drilling is deliberate to prevent any uplift on the share price. My patience is wearing thin which is so frustrating as I’m sure there’s assay results that should have been released by now. There’s about 50,000m of assay results that should have been announced by now but we’ve had nothing at all from the board since November! It’s not on!!

The offer (that was never actually offered!) was to test the waters I’m sure. Will be very interesting to see what the actual offer is now. Hopefully one that Cornerstone share holders can’t refuse! Only problem is if the offer is made say first week in April then shareholders have two months before deciding could be July before this is resolved one way or another so limited news until then?

Will be interesting to see what impact today’s news will have on Cornerstone (if any) this afternoon. Deliberate attempt to destabilise Cornerstones sp so the offer looks more appealing!?

Eish, the only thing that has changed is the uncertainty. Unfortunately I think the market will hammer us down today but hope I’m wrong. Is there not Cornerstone options expiring very soon? Could this also be a reason for “delaying” news but not sure if that would prevent those who hold the options from taking them up even if the sp is below the option strike price? More fun and games and more patience needed but think some will bail out today.

Thanks Strider. There must be some reason for price hike a couple of days ago. Something brewing and hopefully not just mms getting bored with being range bound from 35-38p!

Can any Chartists confirm would it be best if we dropped down to 38p in order to test what was a very long and drawn out resistance so we can build a strong support at 38p?

All in all a pretty damn good week this week! Don’t think many on here would be disappointed with a 40p close at the end of the week. Bring on the news please! Have a great weekend.

Hmm!! Does anyone have experience of PEA’s and PFS’s? Does SolGold have enough data to bash out a PFS and not bother with a PEA!? Could explain the delay?

... Was really thinking we’d wake up to news today, who knows maybe an 11am RNS. It’s almost like there’s a deal being negotiated behind closed doors so not releasing news to impact the SP! Surely this week we’ll get some kind of update where we are at?

Not sure Quady. When you go to Warren Irwins twitter account it’s there in back and white. “Now you know why I swapped to Cornerstone” “always believed in the geology but not NM” etc. “His days are numbered, watch this space”. If he has an assistant writing his twitter posts he better be careful what’s being said.

They’ve got it in for NM and there’s nothing us “idiots” can do about it!

I’ve emailed Anna at SolGold who holds the investor and public relations position. Will be interesting to see if I get any response!

Ok think an email to SolGold is warranted after Warren Irwin and Pamplona traders comments on Social Media. I’m stunned in particular with Warren Irwin behaving in this way with his posts and comments on Twitter!

Come on then, please explain why we’re all idiots on the LSE board? Or are you banned from posting on here? I’m guessing you’re also a Cornerstone share holder and not in SolGold or might have been but jumped ship when Warren Irwin did?

Thanks Pinot. Do you have any idea how many Cornerstone shares Warren Irwin holds though?

Pamplona trader, you obviously read this board so why don’t you come on over here and educate us if we’re all idiots?

Does anyone know how many shares he holds in Cornerstone?

Afternoon Pinot, agree with you there, despicable behaviour. It’s definitely Warren Irwin looking at the link and comments beneath. Showing his true colours. If he was in charge Ensa would have been sold months ago!