"and whatever happens here you can’t be wrong lol" Not necessarily the outcome you suggest. If the company becomes desperate a cheap sale out may increase my loss when the final curtain falls. I am running that risk by hoping that the final curtain may at least reduce my loss by some premium on the current price .
"BHP/NCM appear to have been happy to slow-play their hand so far." LunchMoney, Your assumption that they will play their hand dos not appear to be shared by the market. otherwise the share price would not have dropped so much. especially when there is big pot of gold, silver and copper buried under the ground waiting to be exploited. Sorry but I have now lost all faith in positive stories about this company., however, against my better judgement, I continue to be invested in the hope that I will not have to stomach the large loss I am currently sitting on .
"There's no-one making decisions and the current CEO doesn't give a toss anymore."
You are frightening me. I thought there was an internal candidate waiting to become CEO. What is he and/or the BOD directors doing. surely there must be regular Board meeting where ongoing crucial issues are discussed
as you say redknight1 if there was a bid being discussed the BOD would have to announce the approach of a bid. So no bid which leaves JV discussion or shares issue. may be the market is expecting a heavily discounted shares issue hence the price drop. may be that ,may be this, may be the other - right now the only question in my mind is " is there a floor to this drop?"
"NM was an impediment to the obvious and sensible strategy, and his removal (sorry, 'retirement') has removed the blockage." Has it really removed the blockage. NM continues till March and thereafter as NED so still a back seat driver.
With all the positive things we know about this share I was hoping that Solgold would feature in at least one, if not more, New Year tips. Disappointed that it has not appeared in any or have I missed it?