Member Info for Talatum

"SOLG getting sold off here and on TSX, what's going on...??"

pre-packed administration ?

forget it . The BOD will only give something when shadow directors called BHP tell them to do so

Dreamboatwarrior, i do not see why anyone else would try at 30p. when they know bhp are in the background and would come in with a counter bid that would be expensive to match.

faint heart never wins fair lady . Good luck Novicehunter with your Christmas present.

"Just feels like a equity raise coming. 15p? Hopefully us little PI's can participate."
no chance for little pis. like last time it will be done with a very short notice and close before time. right now sub 18p. - the market obviously called it right compared to all the gung-ho comments on this board.

Shipright, we are now 2.27% down.

Solgold did not fail to disappoint me this morning -it provided a tinge of red amongst sea of blue.

Jezzoo, cineworld had a preview of a monster on Friday and confirmed sighting by rns this morning. So yes it could be a monster. lol

below 20p.

“Nothing is going cheap these days “
Fortissimo, could not resist adding to your above comment “EXCEPT SOLGOLD” price lingering at 22-23 level 50% PREMIUM gives around 45 pence . Now I am not an expert but for company sitting on world class assets that must be cheap.

SAT2 No mention of Ecuador. My reading of the article is that bhp only interested in producer companies/countries. if that is right then BHP will not make the first move till we are near production.
hope I am wrong otherwise a long wait ahead

Fortisimo, What you say makes sense but I got the impression from reading recent posts on this board that Solgold were looking to sell . If that impression is correct then no harm in upsetting BHP . If BHP and NCMs plan is to swallow Solgold cheaply then why are they waiting for "More time means more 'value' generated" Why not bid now . It is all very confusing and worrying that it may end in tears for comparatively late comers like me whose average cost is below the current price

" SOLG has proven several times over that they really have no problems getting funds it's just pleasing all shareholders is not easy especially when the big two want you on the cheap."
Fortissimo, If Solgold has no problem getting funds why bother about pleasing shareholders. Why not get the funds and if any major shareholder does not like it they can make their own offer on better terms. Isn't put up or shut up the best policy now . Otherwise we could be waiting for ever to do both please all shareholders and raise funds.

redknight1 and quady thanks for that clarification. it is all further confused for me by this mornings RNS . One thing though seems clear to me that Solgold is not going to make me rich not at least in the near future. May be I should sell Solgold and buy BHP Lol World class frustration has gone hand in hand with world class discovery

If BHP bid for NCM then would it not increase their holding in Solgold to a level that would be unhealthy for the the share price of Solgold. Is there anything in stock exchange rules to counter this eg requirement for BHP to reduce holding or bid for Solgold.

Well said Zoros.

Eish fingers crossed you are right. Why wait till Monday though when Canadian markets still have two days to go

thanks folks for your various encouraging responses. it has made me feel better and looking on the bright side that the brokers monthly fees have just gone down with the price!

The price had dropped by over 7% this morning when I last looked. PFS was going to be the big event that was going to put a rocket under the price. It could be that by mistake they put a diamond drill instead of a rocket (painful lol). An understandable mistake when you are in exploration business
Surely all the experienced posters here, the journals, brokers etc. can’t be wrong? OR are we really doomed?

Hope you are right about the bid ColonelDrake. The way share price has reacted to day suggests to my humble mind that the market does not share your views about a bid. But then market moves in mysterious ways so you could be right. For the time being though the only beneficiary of my shares is the broker taking a % in fees every month as I continue to wait for it (the boom). We have waited for all sorts of things and now PFS which so far has failed to ignite the price. I am therefore glad that you don’t think we will have to wait for DFS