Member Info for smickster

Cgp and Irwin around here.
Someone flush the toilet please.

Definition of crazy.
Cgp doing the same thing over and over and getting same result.
Throw toys out of pram, slate solg and Nick mather and get calm professional response making you look like shameless amateurs.
Well done solg board.

Bnc I think solg conceded over Blanca due to parts of it being in the 5km tenement. I think it was after, another Blanca 2 area was created which is out of the 5km and not part of cascabel and whole owned by solg

Is Blanca not in 2 parts one belonging to ensa and the other in another subsidiary.
I believe it was disputed by cgp last year so maybe why no more results were released at the time before the split into 2 parts.

Correct dbw they should be well into drilling at 1 or 2 of the sites as we speak imo.

Surely the big guns will want to be in these discussions and not going to allow Nick to get this far?

while we are on fractions 6/1 years of pain to excitement is a rough deal.
Come on Nick give us something

Cue cgp with some sustained selling zzzzzz

P' Protected Portfolio
A protected portfolio transaction or, if reporting a trade resulting from a worked principal agreement for a portfolio transaction. Like a non-protected portfolio, but the price dealt at can be amended if the market maker manages to make a 'good' profit.

They have rofr on the 15% ensa share.

Franco well respected and have lots of history with Barrick

any ideas how this would play out if major shareholders did manage to oust Nick?
Are we looking at an appointment from outside Solg, is that even possible?

Surely a low ball offer and starting point will be 54p
Anything below will not get cgp, blackrock, singapore bank and any substantial holder who has been in for more than 2 years and that's before we get onto NM 20% held in different companies.
Imo

Iceberg that's an interesting point regarding the government.
But surely they have someone in mind for the job and are not interested in the way it gets there as long as its producing when they require it?

Miagi

If Mr Irwin is to be believed the funding for the mine would come from the 3 major Cgp shareholder directly or indirectly but at what cost/dilution is unknown.
Nothing material on this though.

Hi Quady

In hope your right regarding Cgp accepting the offer.
As I see it they are not as backed into a corner as some may believe but accepting will be the quickest route to value and cash sale which is there main goal.
If they decide on waiting for Solg to be sold first they will undoubtedly be pushed to come up with funds for the Capex and who ever buys solg will calm their bluff.
It will then be down to the major shareholders of Cgp to dig deep which is going to come with major dilution and take quite a while.
Like you say all very interesting next few months

Thanks iceberg,

Do we have any idea about bank of Singapore are they just imvestors or are they linked to any individuals?

https://m.marketscreener.com/SOLGOLD-PLC-4005870/company/

Fidelity investments canada and bell potter securities seem to be holding large amount of our stock.
Is this normal for over 20% to be held by brokers?
any insight much appreciated.

Dbw it is but they are close to the Colombian border ie the region that borders it.

They have 3 permits to drill.
Pretty these are the sites they are targeting because of the said permits.