Member Info for Strider4

Well said Grimbergen.

And before I say this let's be crystal clear that you started this antagonism today.

The board is also a poorer place if it doesn't challenge people who spout BS, I've nobody particular in mind... The most important thing is to get to the truth of matters.

I think NM has actually shown a great deal of restraint in comparison to CGP. He has waited a whole week before replying and it looks fairly clear that he has consulted with major shareholders before doing so. I don't imagine he will raise the subject again, unless CGP make some other spurious claim that has not yet been mentioned.

Additionally, and rather importantly, he has refuted, in no uncertain terms, the spurious claims about BN and SOLG's 85% ownership of ENSA.

Quady - pull the other one #transparent.

KevG - yes, one of the greatest investors in history said that investors should be happy, rather than sad, when the share price in their favourite companies goes down. Mr Market ring a bell end.

Quady, I suggest if you don't want to get shot down, and it's not hard with you, that you don't antagonise - your snide reference is noted. Happy to keep it civil.

"the strong backing of BHP, the world's largest mining company and Newcrest Mining, Australia's largest gold miner and a block cave expert."

The word "strong" has not just been bandied about. BHP and Newcrest have both been consulted.

Addicknt, they may have that entitlement, but it looks bad in front of the shareholders, who they clearly have not bothered to properly consult prior to their hasty rebuttal.

, with interest, comes to mind!

Ah, that's reassuring - Earthling's here. I feel that bit more secure in my investment now :)

for a small amount. Support is holding up reasonably well, although I would have liked to see a smidge higher on the close.

Yes, it's true that the mcaps are markedly different. If, and it's a HUGE if, ARCM were to hit 1km intercepts of copper then there's your 30 bagger...it's all speculation until we see what comes back from the drills.

As for the share price being underpinned by CASA, well perhaps, perhaps not. It's all inferred for a start and don't under-estimate the size of discount needed for DRC and the stage of the project (not even got a PEA done yet). HUM, for example, have got a 4m oz deposit in Liberia at PFS stage, but it's got a decent whack of CAPEX upfront, the grades are not spectacular and it's Liberia!

I stand corrected - I saw it about a minute after I posted it - too late to change. Damp squib is the phrase.

Langtro - you're like a broken record aren't you? That about sums up your knowledge of SOLG, who by the way have a verified Tier 1 deposit. And aren't share prices supposed to rise in the run up to production and then tail off in the ramp-up phase? WRES is like a damp squid - hopefully it doesn't hit the usual production issues before I've had my spike to sell off into...

Dcat - so you're saying that the stuff they have on their website is not true?! Better get on the blower to them and tell them that their website (the first point of call for investors) is out of date.

The board is yours fellas. And I will hold to that unless somebody decides to continue to antagonise me, in which case they'll get it back as I see fit.

Lol, it censored my use of the same word that you used! You must have special privleges. Do they come when you hit the 10k post mark maybe?

Ah you're back Langtro - it's like a breath of fresh air! Slow on the uptake as usual. ****ging off the BOD was not my primary concern - it was funding and establishing exactly what their current assets are which looks like the following:

1) Zamzort - 16.59Mt Cu/Co resource at 0.94% Cueq (Non code compliant!). And a good sized explo area where they've basically just flown some geophysics and done some soil sampling. The drill bits are coming out now (11km programme), so it will be interesting, and quite crucial to the project's success, to see what they turn up. Small-scale commercial demonstration plant due to be commissioned Q1 2019.
2) Misisi Gold - JORC 2.2m oz Au (at 72% attributable), 2.16g/T. All inferred, located in one of the dodgiest jurisdications on the planet. No studies done on it yet for the economics - grade a ok but nothing special.
3) Sturec...need I say more.

Mog, fair point. But you would think if there does end up being a resource that spansthe Codelco sliver from BN that it will get a bit messy. Presumably, when SOLG went for the concessions, as they were one of the first movers, they left that sliver for a reason...

That's a good find Sav - looks like CGP might have to take on Codelco as well if they want to pursue that line. Hope they've got deep pockets to pay for some mighty fine lawyers...

Mystique, well said - CGP is going to take over the world!

Shame I haven't got any spare cash to invest in them...

Fulmar - instead of attacking the man, try answering the question.

The problem is that you can't! Let's be categorically clear - ARCM do NOT have two Tier 1 assets. Nowhere near.

Now, whereas Westie seems quite intelligent, you my good friend, not so much.

If it is 3.65km, looks like CGP is going to have to lawyer up as SOLG will be fighting this tooth and nail.

Evidently, what is in the small print is open to interpretation, otherwise there could be no argument about it.

CGP's going ot have quite a big funding requirement going forwards...lawyer fees and debt to SOLG building by the day.