Member Info for SharketMare

Who are the derampers Sean? I notice you started a thread yesterday entitled "Back to the teens" and posted last night about how it is only the Virgin Mary who stands in the way of us and 10p. Been swilling the Buckfast again my old chiel?

I'm sorry for the post earlier Novice, felt like you were having a pop at me for being overtly negative. I don't think what gets posted on this BB has any lasting impact on the share price here, and think it's important to discuss the shortcomings of the company, of which there are many at the moment.

Have a good evening.

£160k buy too. Someone knows something.

2.86m shares at a value of just under £570,000.

Any insight on what happened in the last few mins of trading? OnionKnower?

We'd all still have Novice posting here over you Massive. Reported for blatant trolling. Go back under your bridge you sad little man.

Agreed Lunch. Total lack of self-awareness and I cannot remember even one post from Novice that I found to be useful. Just endless "55p by Friday" or "watch this finish blue today".

Otherncopper - I think we share a similar level of cynicism here. What I would say is that at least the company has managed to deliver a PFS, albeit one that didn't translate into an increase in share price for investors. The PFS aside, it's slim pickings on the good news front in 2022.

Dbw, agreed, I would love to know what SOLG's employees are actually working on now and over the last few weeks. The 800-odd local workforce aside, what are Loyer, Vaca, Garwin and to a lesser extent Botts and Taunton working on on a day-to-day basis. I'm assuming that as per the July 28th RNS they're looking at Porvenir and Helupuerto, establishing which targets the company will be drilling when we start exploration again. But I would imagine that the team are somewhat demotivated given we presently have no cash in the coffers to do any of said drilling, and employees (like investors!) are unclear on the corporate strategy.

It would be helpful for investors to be given some rough timelines as to when the above work is expected to be completed, and ultimately when drilling will start (the July RNS was pretty detail-lite).

I'm hoping that Keith Pollocks, our interim-CFO (the third person to hold this position in the space of 6 months) is working on a funding package to take the pressure off the company and the management team as we run into the AGM. Unless rumours of a takeover really start to hot up, I struggle to see the SP moving northwards, particularly given the current macro environment.

The other possibility, which I appreciate has been mooted for a long time with nothing to show for it, is that we are indeed working on several of the areas where we are yet to explore and are looking for potential JV partners. It wouldn't surprise me to see news on this announced prior to the AGM. The BoD really do need some wins to be able to point to before Christmas.

Honestly Quady, there is something seriously wrong with you. You are either somewhere on the spectrum or just incredibly dim. It's like arguing with someone with half a brain. Back in the green bin you go, wasted too much of mine and everyone else's time showing you to be clueless on pretty much everything.

Here is yet another example of a woman being arrested and charged by the police for her views on transgender people.

Will you admit that your post below claiming no one has been arrested for expressing views on trans issues was in fact wrong?

https://www.theguardian.com/uk-news/2021/jun/04/gender-critical-feminist-charged-over-allegedly-transphobic-tweets

No, Quady, she was arrested for malicious communications. As was this person below:

https://fee.org/articles/uk-man-arrested-for-malicious-communications-after-posting-meme-mocking-the-transgender-flag/

This is one example, but there are others.

https://metro.co.uk/2019/02/11/mum-locked-seven-hours-referring-trans-woman-man-twitter-8519251/

Quady, anyone who truly knows and cares about free speech will know that in recent years, there have been more and more examples of the police arresting and charging people for expressing views online that are deemed "offensive". This has been viewed by many as being down to a misinterpretation of the Communications Act of 2003 by over-zealous and increasingly politicised police officers.

It is technically a crime to send a "grossly offensive" communication online today. This is clearly problematic, as both "grossly" and "offensive" are highly subjective terms. If I want to express the view that transwomen are not women, there are people (and police officers) out there who would want me charged with an offence. I hope you can see this is totally ludicrous and a real infringement on the principle of free speech.

To suggest that things are the same today as they were in Ancient Greece, with the exception of some bizarre and irrelevant sword fight example, implies your knowledge of this topic might be slightly dated.

Dbw, do you think Solg will manage to raise funds before Mather makes a move?

I must admit despite all the doom and gloom (both for Solg and the world) I'm really looking forward to watching this play out. It's been one hell of a ride, all sorts of corporate shenanigans have been pulled, and I have a feeling Mather is saving the best until last.

If against all odds he pulls off a £1+ takeover here, it will be a piece of history, a real David vs Goliath story.

What inside information? If I worked for a bank and was told to look for prospects to short sell, looking at mining exploration companies and developers who need to raise funds in the next 3-6 months would be a pretty good place to start.

Research note from 11th July 2022, price target 17p (100% uplift from here): https://sprott.com/media/5457/220711-ggp-scp-initiation.pdf

"Northern Star 2.0 with CEO Shaun Day?

CEO Shaun Day joined Greatland after supporting >900% shareholder returns across over five years as CFO of Northern Star during its rise from 100koz pa to >800koz pa, with similar returns from 2006-2014 at company Sakari Resources before that. The opportunity, which is all the more post Northern Star CEO Bill Beament’s departure in CY21, is to combine the value and dividend streams from Havieron with the ex Northern Star technical (and C-suite) network to do it again. In these markets more than ever, to extract the full value from the opportunity we prefer to back the team over the asset every time."

See also the deep-dive on him and his background on p.4.

Shaun is the man for the job. He comes across as credible and honest. He is a breath of fresh air in the world of duplicitous AIM CEOs. He is going to secure debt funding through to production and make us all some good coin.

Thanks for the patronizing, usual pie in the sky claptrap, CD. Looking forward to news of Franco handing us $1bn for 10% of a project that is yet to reach BFS.

How about you spend some time laying out the potential downside here too?

FWIW, I think the company is either bought out or Mather/DGR instigates some sort of corporate action that rerates this stock before EOY. I think there is pain to come in the short term though, hopefully through a fundraise to stop us becoming a real sitting duck by the time the AGM comes round.

Quady - it's become apparent over recent weeks that you haven't the feintest idea what you are invested in or how companies work.

Fort, that's a very fair point, and it might be a case of short term pain for long term gain. I don't think the company can make meaningful progress with NCM, BHP and Mather/DGR/CGP all pulling in different directions. I think the market and the Ecuadorian government would see it as quite the shock were our biggest shareholder to pull out of the project. But then again, why would they sit around as a minority shareholder invested in a project that SOLG keeps selling off to smelters?

It does feel quite '**** or bust' at this point.

Quady, I think you are the only person on here who doesn't accept that we failed to raise funds. The idea that anything is going 'smoothly' at this point is risible.

Hi Quady, yes at present they are not selling up. But if we flog off more of our crown jewels and decrease the probability of the project, they may well say the risk/reward simply isn't worth it.

I'd also question the idea that SOLG is running the show, given our CEO just failed to raise capital in his preferred way, because of interventions by our two major shareholders.

Fort, the only person who is coming across as having their feathers ruffled is you mate.

Agree with the posts above from Bozi. We need to raise funds to ensure the two bits of arse-saving news Darryl wants to put out actually have a chance of catalyzing the share price.

Quady, I think if we sell off more off the profits from our project we run the risk of BHP/NCM selling up and shopping elsewhere. I imagine that would be pretty catastrophic for our share price.

Fort, today 08.58
"I've been buying plenty as have many others but most show some decorum and do not feel the self indulgent nature of posting trading or investing activity on bb's."

Fort, 3 days ago, 10.30
"But I'm delighted to pick up another 50k today. And will do the same on any weakness below 20p for sure. Loving it!"

Fort, 6 days ago, 15.43
"Less than £400k traded today. I could have flipped some stock today and accounted for the entire volume."

Decorum indeed.