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yup. Akers 125 PT now seems very likely.
Got to love the hindsight traders sean!
What is it with posters here trying to work out what MMs are doing with the trades? Just nuts why you are! SOLG is illiquid and there are better stocks where MMs can make bps. Also most MMs simply need to execute with instructions provided to them by clients so they comply accordingly. No MM worth their coin is hammering down SOLG or toying with the trades to make pennies. They would simply want to get the trade off their books to reduce risk. Some people need educating! All other theories welcome ( personally hope addicknt is right in what happens next... seems more appropriate as a scenario).
If only the had sense to listen to you addicknt!
Massive value yes..... needs massive funding. All we can do now is pray management think about JV prospects vs raising it through equity! They haven't got that last part right yet.
I'd hate to see how this stock trades when markets are going down vs right now when they are at all time highs at the moment (ouch!)
Quite a few 50/60p takers now... the spike (if we get one) is going to be short lived! LOL
Bozi.. or again should it be bozo. Whatever solg are doing right now... actually past few years is simply not good enough to provide shareholders a return on there $$$. You alcan see where the share price is right? Do one better and track a three year chart and tell me how they did (and don't pretend you bought at the bottom and sold at the top!)
I agree with your comments RK. I only wish the company would start to communicate that more clearly. Maybe not the second point, but definitely the first and with some more colour. These regular drilling updates just aren't and won't cut the mustard.
Absolutely nothing to suggest a predator is 'hoovering' up shares here. If you're stating thst about CD then I would suggest you keep your theories to yourself too (seems like you are stating that there is an imminent need to buy into SOLG - there isnt). SOLG has a low free float and low volume. No corporate action is going to be sitting on the bid waiting for small volume to go through in SOLG. What CD states is fact. Frustration in the way the executive team is steering SOLG is real and can clearly be seen via the share price and market reaction. As I have said many times before summer lull means nothing will happen here until September at the earliest if there is to be any corporate action and def not before a new CEO is brought in.
5 years! Ha. No one is looking still to be invested to SOLG in 5 years.
Why on earth would NM want to move on SOLG? He's happy collecting his 250k salary a year for doing nothing. When they're about to run out of cash, another raise where more shares issued and allows us to tread water. Cant blame those for selling. SOLG should def. not be a core holding in a portfolio..... wheres that 50p offer that Liberaum were talking about!
don't worry covgaz... BBG doesn't really add much value and simply looks through rose tinted glasses .. maybe can't see?? Truth is SOLG has been poor, no ifs or buts. This share price has potential, with the hope of a buyout and massively undervalued. Same arguments I've been reading for past 3 years. One day rodney. Best not to pin all your hopes into this one stock. Plus if you think this goes up when gold goes up, well then you should just buy gold.
Akers has aaa at 125 by end of year. He's been spot on with this PTs on these collection of shares
Very fair... lets hope then they decide to completely convert into aaa which would mean more than 1:1
Just to note, going over the wording of the release, you would still have your mesh shares AND also get 1 AAA share for each held. If that happens that is pretty amazing
60p without a huge catalyst is just dreaming. Likelihood of a JV without due diligence of the PFS is again wishful thinking. If PFS is going to late this year, there is no way of a JV straight after. Zoro is simply being realistic. Those spouting takeover rumours and massive PT are those ramping.
yes I would have thought just over 1:1. Going to try and call MESH and see what they say. If anyone has any luck pls post
but I think we will basically be given aaa shares for the mesh share held. Likely just over 1:1
258 million shares