Member Info for ToS1963

Well, 30% down on 2024. Here’s to a better 2025. Something has to happen soon….. surely?!?

All the exploring in the world won’t help move the needle here, unless we can show a clear way in which we monetise any discoveries we may make. Cascabel has already shown this.

Full agreement with last couple of posts. Totally irrelevant now what the price of gold is. Unless of course we wish to spend another year producing PFS Mark 3. And the “first cab off the rank” - remember that? Completely stalled, engine seized, turning to rust, and blocking the road ahead for the other cabs on the rank.

Worth noting that directors bonuses are frequently linked to EPS, making buybacks a particularly attractive option for their own self interest! Just saying……. They are also a more tax efficient way of returning money to shareholders, avoiding dividend tax.

Obliged not blogged!

Bit disappointed no puerile posters felt blogged to challenge each other to a fight in a car park last night. Standards slipping on here.

Any chance we could keep the posts limited to Solgold, on a Solgold chat board?

Solg SP has never been correlated to price of gold. Clear lie, easily researched.

Tesla

You forgot

Takeover illegally agreed behind the scenes without any consultation with shareholders, or announcement to the market.

Well, it’s beginning to look as if we plan on building a mine. Hats off to Quady, who has always maintained this. I’ve never agreed with this view, but unlike some haven’t (I hope) been rude about holding a different view. If this is the case, my kids will benefit from my long term investment here rather than me.

Unless of course it’s all just a very long running bluff!

Very comfortable holding this long term, and reinvest dividends. Only thing is I would like to see a stock split soon, at least 5 but preferably 8 or 10 for 1 to encourage smaller investors, and to make dividend reinvestment more effective.

We are not too far from rising from the small cap index to the 250 here. Could give an extra boost as tracker funds buy in.

Ok, I have done the basic research for you. I have only gone back 7 years, but you get the picture.In mid July, here are the Gold price, and the Solgold SP.

2017 £950 and 38p

2018 £938 and 23p

2019 £1120 and 25p

2020 £1436 and 23p

2021 £1316 and 27p

2022 £1430 and 26p

2023 £1501 and 15p

2024 £1870 and 11.6p

In what world are these two charts correlated?

Anyone who believes the Solgold price is remotely aligned to the gold or copper price is either thick, delusional or just plain lying. A cursory piece of research, even if you’ve got half a brain, will prove this.

How many times do I have to say this?

Now clearly gold and copper prices may have an effect on valuation of what’s in the ground, and feasibility study numbers, but it does not, at the moment, and never has, had any correlation to the SP.

Trying to get in lower?!?!?! You’ve not been here very long have you. In since 2011, average was 22p, which I managed to reduce to a fraction over 20p shortly after the last raise. I’ve posted all of this, many times, on here, for many years.

So forgive me if I’ve got no time for your woo woo chart nonsense, or talk of treeshakes. I’ve heard it all for over 13 years on here, and as novice says, none of it matters. It’s a bid, bankruptcy, massive dilution, or offtake funding to build a mine. I will continue to hold to await whatever outcome transpires, and try to ignore the white noise. And your guff.

I’ve checked the chart…… every time affrm posts, the SP heads in the opposite direction to the one he suggests. I may have discovered a new trading strategy.

But perhaps it’s another treeshake to get rid of weak holders. (That was sarcasm)

Those pesky market makers eh?

Then again, perhaps it’s as I suggested yesterday, just the market doing what the market does, and it isn’t fully bought in to the Solgold strategy, funding or not.

affirm…. your 12:18 post aged so beautifully, i’m surprised you have the brass neck to double down on it. just calm down and ideally stop posting ****. some halfwits might be taken in by your guff.

Every drop is a tree shake, and every rise is leaky transformational news, or an indication we’re about to receive a bid.

Stop it. It’s just the market doing what the market does. Reacting to supply and demand.

There’s been plenty of time now for all parties to digest the funding news, and the market has responded with a resounding meh.

Nobody (important) believes Solgold can build a mine of this size, and to date, no buyers are showing interest. Put away and forget for a few more years.

Orthern..... first remotely sensible (and relevant) post I’ve read on here for a long time.

Affrm.... You state (seemingly categorically) that “ It's not a loan to keep the lights on lol”. Genuine question then..... what do you believe the purpose of the (very) short term loan to be? I tend to agree that this is not a bad RNS, but (in my humble view) we remain in a precarious position. Something significant on the funding front needs to be announced within the next 3 weeks, or the SP will suffer.