RE: Solgold Cornerstone Merger Announced7 Oct 2022 08:45
Bozi we were drifting towards the buffers with no money in the bank, with the SP way too low to do any kind of decent fundraise, with NOBODY believing the BoD story about going into production (except Quady).
SOLG, in it's present and past form had reached the end of the line.
This whole mess with Cornerstone was the original sin that has hampered us for years.
Things had to change.
Now it's clear - we are up for sale (or at least Cascabel will be soon).
A stroke of genious by the BoD or just painted themselves into this corner by not being very good? Doesn't matter.
We were out of time and out of runway mate.
Get everything in order for a sale and put Cascabel proudly in the shop window.
I'm sure SOLG will go on in some form after that as what it should be - an explorer, discovering proving up and selling on.