Member Info for SharketMare

Add - the recent de-risking events, gold reaching ATHs, less political uncertainty, Naboa's pro-mining stance, the crackdown on criminals, SOLG languishing at multi-year lows. There will likely have been many prudent retail investors who after 'fast and smart' died a death sat on the side-lines waiting for a re-entry.

Thanks BBG. Interesting Newmont speculation. Question in a JV scenario is what % would SOLG retain? Or is the idea we flog Cascabel to the NMM and Jiangxi?

Would appreciate the full text, if anyone has a subscription.

https://www.mining-journal.com/london-to-a-brick/opinion/4189775/newmont-kingmaker-future-solgold

The former Soviet Union! Kat will be pleased.

1984, agree with you on smart meters, but my god I watched that climate 'doc' you shared over the weekend (with an open mind) and even as someone with limited knowledge of the subject (compared to, you know, actual scientists) I could tell that some of the graphs they put forward as 'evidence' were total baloney. There's good thread on X that debunks most of it that I'd recommend reading:

https://twitter.com/mkeulemans/status/1771642599989711005?t=s9blMFQcvh6f0bfAN_gHyw&s=19

Let's have some funding news soonish please SOLG or we might start to see some downward pressure on the price. Keep the momentum going.

Redirons, the Lassonde curve is not plotted against share price, it's against value. MCAP is a better measure to look at. Far more share in issue than previous ATHs which, IMO, are a pipe dream for some time.

It's not immigration folks, it's drugs! Quady, you must be a wind up merchant. Cannabis has gone from class C to class B, by the way.

Kat, what you refer to in the 80s happens all the time in the present day. Many businesses are valued less than the sum of their parts. That's where the likes of Nelson Peltz and the private equity guys get involved and buy and breakup. Sometimes fairly, sometimes through grim financial engineering.

I think you could argue that SOLG could potentially spin off its regional portfolio (which is of course worth something) to make the investment case at Cascabel clearer (though isnt this what ENSA is for?). But it certainly wouldn't be a means by which we could return cash to shareholders, and it would certainly be dilutive as per addicknt's post below.

Nowhere near*

BBG, the problem with that scenario is that no one, including many invested on here, believe SOLG has the capability to successfully develop the mine. BHP would carry on doing what they've done for the last few years - sit back and watch SOLG create a mess of its own making.

The situation is nowhere not as binary as you make out.

"Think about the question you just asked me over in your head and figure out why this might be an extraordinarily positive event for us. This was step 2.9 in the 3 step process. What do you think the next step is?"

- Warren Irwin, November 2022, just after Jiangxi bought 180,000,000 shares.

How his tone has changed.

Your*

Sounds like you're wife is a paid deramper on £3k a month, BBG. Add her to your filter list?

Kat, can you provide a source for the 32% to 13% claim? And do you have equivalent figures over the same time period for the USD? Genuinely interested in this.

Smickster, the fact that he's a shareholder doesn't take away from the fact that he posts mindless nonsense week in week out and, on the Telegram group, started racially abusing one member during a disagreement. He's a nasty egomaniac.

Tesla, you are clearly a bright individual, but you are currently spending too much time engaging someone that we all know to be a halfwit. Can you please be the bigger man and ignore BBG like the rest of us do. Yes there are rampers on this board who have been posting mindless nonsense for years, but the long term holders all know who they are.

It is odd behaviour to spend as much time as you do posting on the board of a share you hold no interest in.

Agree with Kat on naked short selling. That isn't right. Otherwise I agree with NMM and 1984. It's part of a healthy marketplace. Some of the Hindenburg shorts and accompanying exposés show just useless regulators can be. The Tingo Group play was a fine example of this.

Schlemiel, are you here until the end game or do you have an target price in mind? Not fussed either way just curious as I know you've dipped in and out over the years.

Interesting to see whether this is slapped down again if we tickle 9p.

Can we please, please stop the heat pump/electric vehicle/climate change posts? There's been some great info posted on here at a pivotal time for the business, but it keeps getting buried beneath useless crap.

Pretty sure that was the UT anyway.