Member Info for schlemiel

It's a Newcrest-BHP pincer movement

It seems Friday's news was welcomed by the markets marking the price up 4% by end of day. One would think the market is betting SEE have raised further cash for a REASON other than to 'keep the lights on'.

I wouldn't bet against SEE having contracts in the bag but need far more cash to finance their execution and reassure customers that they have the liquid resources to finance their operations

And I bet this new US investor has been tipped the wink which no doubt persuaded them to cough up £20m.

AW

I hope you don't mind but I have re-posted this onto the SOLG thread on ADV_FN. Getting the message out

Enuff from me before I am triggered again

C-Drake, thanks for the L2 updates

from upbeat and positive to negative and downbeat in week...

A myriad neh bombardment of presentations and the result, zilch..

AT algos still hitting the bid to crush the price...

I've got to turn this crap off before I go round the feckin' twist....

£30k wiped away in a feckin' week..gutted

You're very good at dishing out invective at others with your imaginative , inventive reworking of moniker to insult me. Fair do's boyo

Filtered so I for one don't have to read your pandering bullsh-t

the term 'traditional owner' like most western language today means the square root of nothing...emotive and politicised tosh without legal substance...

'The Northern Land Council has backed Origin Energy's position in a stoush with traditional owners over its plan to frack the Beetaloo Basin.'

it's been cancelled according to Pob

I think it's being shorted. No matter how bullish Mather, Ward, Meyer etal are trying to be there's a contrary presence saying 'we're gonna take the opposite position and make you all look like lying wonkurs'....

they're gonna drive this fecker right down

B21

Don't thank me fella, I'm just the mere messenger. Pob can uncover stuff..he's like a proper ferret, not a real one obviously!

cheers and gl

Now this is interesting - John Meyer of broker SP Angel plugging Solgold with IG Index (9 mins)

entitled "Buying into the copper price through SolGold" there's nothing we didn't already know but interesting timing...

"Porvenir another copper porphry discovery looking quite exciting"

"Ecuador could turn into the next Peru/Chile in south America"

"...not sure what the plan is, could prove up and then sell on, but have BHP and Newcrest as shareholders"

"Solgold will be squeezed out one way or another hopefully through a competitive takeover process"

"Alpala PFS hopefully before the end of the year"

"SOLG investors can look forward to some takeover potential maybe BHP, Newcrest or a third party"

-

thanks to the Pobster...a top ferret

Q - cheers fella

gl

https://www.youtube.com/watch?v=wK3SDPKADgM&ab_channel=IGUK

Buying into the copper price through SolGold
39 views•22 Oct 2020

Q

'but the end game will be what we are all expecting.'

Which is what fella?

Some expect a takeover, others to production

Laf

Create the illusion of a seller to incite selling. A more devious form of tree-shake. Interesting idea. All adds to the pool of rumour and debate but impossible to substantiate though fascinating nonetheless..if true, it's a positive as it does show a demand for stock at lower prices

Laf - Your assertion that there's a malicious party at work may or may not be correct but there's definitely someone playing the book as shown by the 4m sell order. That sell order is deliberate and not intended as a legitimate order in the way we understand but book manipulation

what's the objective? An act of spite?

ALM

Early buyout increasingly likely

The point is that there is now a huge incentive for Afterpay to try to buy out ThinkSmart’s minority interest in Clearpay before its call option becomes exercisable in 2023. Clearpay is one of the fastest growing e-commerce payment companies in the European market, so can only become more valuable. For instance, the business now has more than 1m active customers (more than 10 per cent of Afterpay’s total customer base), is recruiting new merchants at quite a pace, and Afterpay is accelerating Clearpay’s expansion into Europe through last summer’s acquisition of Pagantis. This will enable Clearpay to enter Spain, France, Italy and potentially Portugal, regions that have a combined addressable e-commerce market worth more than US$247bn, according to Ecommerce Europe, an association representing 100,000-plus companies selling goods and services online to consumers in Europe.

Trading on an unwarranted 50 per cent discount to my sum-of-the-parts valuation of 94p, the pricing anomaly is worth exploiting. Strong buy.

https://www.investorschronicle.co.uk/comment/2020/10/19/technology-winners-with-a-huge-margin-of-safety/

The assays at Porvenir MUST come in to confirm a degree of commercial viability. Mather's on record as describing Porvenir as one of SOLG's 'greatest moments'. Well, if the assays don't confirm his bullishness then he deserves objurgation cos a CEO cannot use such hyperbole without having the hard evidence to support his uber bullish exaltation...

No love for any company. I've stopped falling in love with companies and their management years ago. Cold, hard analysis is now the mantra....

Deliver the news we want or stop talking....

Some proper debate. lovely

I always feel for the little person in all of this. Those small shareholders can sometimes get trampled when they misread the signs. Let's hope CGP management stop behaving like dokcheads and get something back for their small shareholders