Member Info for smickster

I here nick has changed his strategy again.
He is not releasing anymore news until dfs next year to see if Quady and Earthling can keep up the continuous argument on no new information until then.
Disappointing i know but expect the sp to be anywhere between 1p and £20 in that time.
Good luck all

tik tok tik tok

Miagi

Quadys points are in line with what solg are aiming to achieve.
Whether or not eartn believes that or annoys the hell out of him its difficult to dispute until we hear different
Of course we all have our ideas about how it will play but its not worth loosing sleep over.
I blame Nick for a complete lack of news.....maybe we should vote him out?

Cookie your £1.32 has always has always looked likely and more so now.
However if we seal cgp, fn funding release a stonking pfs and a few regionals ....who knows.
I wish a few others on here would accept a few other points of view instead of getting so annoyed with each other.
I'm almost wishing colombo/ftse fingers was back. :-)

Fair price £2-£10

News due soon.
Lot of noobs/nobs about

Notice Zoros making a nuisance of himself over on cgp bb.
Also notice no one wants to address how they intend to fund their share of the mine costs.

Payment for the mine building is required as and when required after bfs.
Hence the desperation of cgp.

From that I make it that cgp pay 10% or get reduced to a 0.5 smelter return?

Ftse, from recent release.

Cornerstone is debt funded by
SolGold through to the end of
feasibility
• Cornerstone must repay SolGold its
15% share of costs to Feasibility in
excess of US$2.5M (spent by SolGold
to acquire its 85% interest) from
Cornerstone’s share of proceeds from
the tenement
• SolGold holds pre-emptive rights over
any disposals by Cornerstone
• Cornerstone may contribute to
development at not less than 10% or
dilute to a 0.5% Net Smelter return
royalty, which SolGold may acquire
for US$3.5M

ftse that's not so.
Mine funding is up front as and when needed(400m)
Money for drilling program is paid from royalties

But a bid that's 30% below what bhp have previously paid is set to fail and attract other bids.
So while it can be held back it still needs to be a bid that is going up satisfy Nick among others.
As for Ncm lets hope they get whats due to them for they way they have acted.

RS They are a mighty happy workforce at alpala.

Ftse I get it and the benefit.
What I don't get is how that would play out.
The only benefit I can see is an offer £1+ looks inviting from 25p yet do we think a similar bid from say 60-70p would not look great to those invested?
Or are they juts worried it could get carried away and head too £1+ before real news.

Also lets say bigbucks buyer does suppress the price and comes in with a low ball offer how long before he get told to FROff .
Same as he did last time.

Basically a large buyer with plenty of cash hanging about could afford to place these blockers and suppress the price with a view to purchasing at a later date.
My issue with this is if it is so then a price must of already been arranged and the blockers are used to stop the market going past this sp.
It sounds highly illegal and if true and known on a bb why is no action been taken?

Yet

and let's face it estate agents are largely full of it...
.again that's my experience over the years although I have met 1 or 2 decent knowledgeable agents.

Bnc let's not forget people were buying solg at 1.5p not so long ago and then 46p.
Who's to say they won't pay 60,80, 250p going forward.
No really knows but we have to trust Nick and hold strong.
Lots of games to be played still and reckon this only just get started.

Earth, fair value to me is from the data that is out there.
If nm says this is going to production I'm inclined to believe him after all he is one of the main reasons o stayed invested here.
Also if Franco are prepared to invest and value the company around 3 billion then there is someone who is prepared to give what they see as a fair value.
So I'm sorry fair value exists for me and its along the lines of what FN value it and if its not forthcoming then I'm backing NM all the way to production even if it means 5 to 10 years.