Member Info for ToS1963

Morning RICH and thanks for kind words. I do confess to getting slightly drunk following yesterday’s rugby, so thought it best to reduce the posts later in the evening!

Next week hoping for.....
Decent mining supportive government
New updated project plan on Solgold website
News on financials
Perhaps a tidy up / clarification RNS as a follow up to Fridays
A nice TR1?

Even a couple of these things would do. Get us back on track.

Bozi... hope you’re correct. A reasoned justification of the change of tack would be very welcome indeed (and may well arrive). Personally, would rather have seen such an RNS precede Fridays.

Just try to imagine my smug face right now.

News not new

Bozi... new missed by the market and shareholders rarely happens.

BBG.... spot on. As usual.

And by the way.... it only didn’t dilute LTH if they bought more. Which I did.

Nice use of Covid there Bozi.

Why stubbornly tell the market and all your shareholders you’re within 8 weeks of releasing a shock and ore PFS when all along you’ve seen a cheaper and more profitable option you’d rather keep secret eh?

FTJNY.... all makes sense, but is as much of a “conspiracy theory” as all the other posts, including my own, because up until Friday, we were still expecting a completed PFS by Q1 2021. You are suggesting that all the official releases recently failed to mention this discovery, and the subsequent PFS impact. Not saying you are wrong... what you say makes perfect sense.... but the official statements have been less than transparent, and that’s the main issue, which has resulted in the drop.

Anyway... rugby on soon. Populations suggest I’ll be in a minority on this board, so bring it on....... (I’m a Fifer) !!

Smickster.... I think it’s a bit of both. New guys have put a big red pen through the initial PFS, NM protestations have led to his being moved aside, and not so much a conspiracy, but an attempt to make the best out of a terrible situation by spinning a bit of “cheaper and quicker way to get a near surface stuff first.....” which was all but ruled out a couple of years back. We have paid for a completely fruitless year, been left vulnerable, but can recover from this.

“errr

they were completed tos”

And, according to Fridays RNS, we not completed satisfactorily. We’ve lost a year whichever way you want to say it. And it’s cost us both financially, and reputationally.

Oh BNC, please don’t be so patronising. I understand, expect, and am prepared for dilution. I invested in an explorer, fully aware of what I was getting into. But Looking at the SP in the past year.... was 21.5p the best timing, and best outcome for the company? I think not.

BNC
“ Unfortunately when things are underground you cant actually see what is or isnt there can you?”
That’s why you drill, and do MRE’s, before commencing a PFS.

BNC..... we diluted in June last year.

Monte..... “I'm still here because I need to make a sensible decision with my investment.” Probably a far more succinct and eloquent summary of my last post.

This post is not directed at anybody in particular, just a general feeling. I get really annoyed when I see this question. It is repeatedly thrown in the face of many on here, as soon as they question corporate strategy, or dare to put forward a negative view on anything. Only short term traders have the mindset of selling on the first negative view. Long term eras will have done, and continue to do, their research. And will be taking a long term view. As has been said, the minerals are still there. I invested in an explorer that discovered them, and I’m sure as hell not selling up on each and every hiccup along the way to receiving fair value. That, however, does not prevent me being able to be angry and dissatisfied with bad policy. Of which I think there’s been 2 in the last year, the 21.5p raise, and Fridays announcement. IMHO, the only positive step in the past year are the FN deal. Jury is out on a few others, NM moving on, Chinese involvement etc.

BNC.... your extensive post to Monte has completely overlooked the fact that we have lost a year. Irregardless of whether or not we have suddenly seen a newer, better and cheaper way to do this, that’s a completely lost and expensive year. During which NM and others drew fairly hefty salaries, and diluted at 21.5p. All the time promising a PFS, shock and ore or whatever, I could go on.