Member Info for SavShare7

Hi Q, I think they release videos of the presentations about a month after the event, hence why the Hong Kong interview was only released today. GLA

Cheers FTF

in Mining Journal from Willem Middelkoop (Founder of Discovery Fund) and who was in a video published last week commenting on the potential of Cascabel. http://www.mining-journal.com/events-coverage/news/1338552/%E2%80%98if-it-looks-like-duck-and-walks-like-duck-%E2%80%A6%E2%80%99-%E2%80%93-middelkoop-on-pilbara-gold Not specifically about Solgold but does outline his perspective on exploration stocks and the potential that can be there. He quotes Auralian's discovery who went from 30 cents to $43 in nine months which is why he likes investing in this space.... #justsaying :) Happy friday all, GLA and DYOR

"Iron ore miner Fortescue seeks to replicate Pilbarra success in South America, @miningweekly - copper is the new iron ore!" https://twitter.com/SolGold_plc/status/997305424192851969?s=19

Hi BobChampion, I wrote the below post last week which I think sums up the potential reasons behind the optimism and excitement by some of the longer term holders on this board. Not concrete evidence, more a multi-faceted opportunity.. "...what an updated resource will provide is an attributable and recognisable value increase based on the $xx per/lb of copper as outlined in a number of the analyst notes that have been issued. The greater the gap between current value and the value based on a compliant resource estimate, the greater the upside potential when the catalyst the market requires materialises.... this could be talk of T/O, could be the windfall tax going, could be drilling permits at the other tenements, could be farm-in agreements for some of the other properties, more holding notifications... There are any number of potential catalysts which provides a significant upside potential from where we are, that is where the value proposition is.... everyone DYOR and GLA" Hope that helps buddy. GLA and DYOR

...are busy on the marketing trail! Solgold are at Latin America Down Under in Oz and there are a few photos of Jason Ward looking very happy with the Australian Minister of Foreign Affairs https://twitter.com/Paydirt_Media/status/996564005463343104 The marketing materials say over 105km of drilling now completed vs c53k of drilling used for the mineral resources estimate. GLA

Hi Ship, well given he was in post from the beginning of the renewed focus on mining and diversification away from oil for a number of years. With numerous speeches, appearances, meetings etc with numerous companies, including a detailed understanding of the history of Ecuadorian mining and the focus of the new(er) government... I would say he may be more informed than one or two commentators out there....? Was that a loaded question?

....he expects $4bn in mining investments into Ecuador by 2021 http://www.proactiveinvestors.com/companies/stocktube/9265/former-ecuador-mining-minister-says-he-expects-4bn-in-mining-investments-into-ecuador-by-2021 Nice interview vid. Happy Thursday y'all.

I agree Ludeck, what an updated resource will provide is an attributable and recognisable value increase based on the $xx per/lb of copper as outlined in a number of the analyst notes that have been issued. The greater the gap between current value and the value based on a compliant resource estimate, the greater the upside potential when the catalyst the market requires materialises.... this could be talk of T/O, could be the windfall tax going, could be drilling permits at the other tenements, could be farm-in agreements for some of the other properties, more holding notifications... There are any number of potential catalysts which provides a significant upside potential from where we are, that is where the value proposition is.... everyone DYOR and GLA

Lol, who knows Shippy. It is an ever moving "beast" managing the proving up of the resources, cash burn, potential suitors and, primarily, trying to do what will best realise value for shareholders which, I believe is a T/O. They started by saying quarterly updates, last I heard from Anna Legge from IR she said there will be at least one this year and that a study manager had been appointed to drive forward a PEA and PFS (we have to begin that activity by August according to the process outlined by Ecuador Ministry of Mining). So we shall have to wait and see

News release from Cornerstone about one of its' other subsidiaries with the line: "The plan of arrangement to spinoff Cornerstone Exploration Inc. is proceeding in the ordinary course and, pending TSXV approval, is expected to be completed in June 2018." Any corporate action relating to the Cornerstone vehicle that holds the Solgold shares would help our case. It's also when Newcrest's anti-dilution rights of 14.54% goes and reverts back to 10%. it would also be 6 months from when the MRE was first published... DYOR and GLA

Hi DG1 I did a bit of analysis after the RNS - copied below from previous post: Funny that as soon as Tenstar helps Blackrock get a chunk of the shares of Solgold it then starts to top up again... Does anyone else think that it seems like organisations are starting to jockey for significant positions in this company.... Call me paranoid but that, alongside the new Non-Exec Board appointee starts to smell a bit like Corporate action....? Just my own thoughts... Tenstar has close links with DGR Global and provided a lot of the early day funding alongside DGR Global so think they are an ally to NM and the board. Perhaps the aim was to bring another chunky shareholder who is loyal on board to help with corporate action? Be interesting to see if Solgold finally update their shareholder register document on their website now.... ______ The below are my own calculations from various RNS and Sedar documents so please do your own calculations but I can only pinpoint where c65% of the shares are... Tenstar trading ltd - 7% Blackrock Inc - 6.48% Nick Mather - 5.35% Rest of the board of Directors - 0.79% Newcrest Int - 14.54% DGR Global - 12.04% Cornerstone Capital Resources - 10.03% Guyana Goldfields - 6.08% Guyana Goldfields Directors (found out that Patrick Sheridan, Scott Caldwell and Daniel Noone hold collectively 1.7% from a Sedar Document - 1.7% That gives us 64.01%... There are obviously the 180m (10.6%) shares from the bought deal that are....well... somewhere.... Got a feeling that some on the TSX are holding just below their reporting threshold of 5% which means they don't have to declare (I think). I don't rely on the shareholder info on Morningstar or FT etc as it is so out of date and represents PIs as well as institutions... We know that Newcrest have to follow 60% of the non-Newcrest shareholder vote in the case of a change of control transaction or 100-14.54 = 85.46 * 0.6 = 51.27% of the total shareholder votes.... Anyone know of any other verified chunky shareholders? I have a feeling that Bob and some of the other shareholders who "swapped sides" to Cornerstone may also have kept a small(ish) holding directly here but below the threshold for reporting... Everyone DYOR as the above is just what I have personally found, GLA _____________ DYOR and GLA

Thank you goldenveg, much appreciated :)

Thank you Pad, thank you Pinot :)

Thank you BN.c :) hope all is well buddy, Sav

And looks like tenstar was involved in Orbis gold before T/O as well http://static.gowebcasting.com/documents/files/events/event_00000894_qrcdzxIf.pdf

hi lostagain, yes Samuel Holdings Pty is a fund for Nick and his wife (I believe). Found this old article that describes Tenstar as a fund out of Hong Kong who have clearly been there from the beginning so am assuming they are associated in some way with DGR and NM. http://www.iii.co.uk/articles/31839/view-top-solomon-gold-interview DYOR of course

It also owns 19% of DGR Global... https://markets.theaustralian.com.au/shares/DGR/dgr-global-limited And seems to have invested in a number of DGR Global's subsidiaries for example: http://www.austinmining.com.au/site/PDF/1125_0/ChangeinsubstantialholdingTenstarTrading Therefore I would suggest they are aligned, somehow, with DGR and could be considered an "ally" to NM and the board in the case of a vote.... DYOR of course...

Totally agree Lotto, key catalysts to move the foundation for an offer northwards are: - updated resource estimate (which we know is what institutions use to value the Co) - PEA to give some robust evidence for what it will take to develop this - metallurgy tests to understand how easy it is to extract gold and copper - some deals with subsidiary companies to drill out and explore these promising targets GLA and DYOR

Hi Wirralstar, the below is what I posted the other day in response to the �1+ posters. Anything is technically possible but will have to be based on fact, i.e. drill drill drill and PEA, PFS etc... Hope this is useful: ______ �5 sounds delightful but not sure a major would pay �8 billion or $11 billion + .... We know that if we don't take this to production then we, as shareholders (unless a T/O includes shares in the T/O company and cash) will not realise the full value of what is here, that's just how things work. It will be a % of what has been proven in the group due to risk, time, capital required etc to realise full value. It is important to understand how the market value companies with developing resources. Red Cloud Klondike has issued a good report which describes value in terms of C$ per lb of copper. That is a good starting point at the stage of advanced exploration that we are at. Even according to that we are undervalued compared to other companies at this stage in their cycle. http://www.redcloudks.com/RCKS%20Talk/doc/2018/April%202018/20180417%20-%20SOLG%20-%20Cascabel%20Update.pdf Next it is important to understand the development stages according to Ecuadorian law. There are time frames and milestones we have to meet as part of the conditions of holding licenses to explore etc... Look on the Solgold website it explains where we are at.... We have to enter phase 3 - Economic Evaluation of the Deposit (2 years) in August this year to meet our obligations, hence the appointment of a Study Manager. http://www.solgold.com.au/new-page-5/ The closer we come to production the higher the price that a T/O will have to come in at due to things being derisked, clearer understanding of capital requirements (i.e. the $3 Billion of CapEx savings that NM keeps talking about will be spelled out in a PEA and PFS which will aid any negotiations). I do love to dream but I also like figures etc to be based on recognised data and evidence. Anything north of 50 pence for me will be life changing and I personally do not doubt that we'll get far north of there but will need to be based on things that a hard nosed Major will recognise and pay for! GLA and DYOR of course!