Member Info for Y00020978

One day we'll get an RNS like this from SOLG in Aug 2016....

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SOLG&ArticleCode=rcpeq9uk&ArticleHeadline=Conditional_Agreement_with_Newcrest

SOLG were trading at under a penny for months on end seemingly going nowhere.....out of nowhere they announced a JV with a major and rose to 40p.

It does happen.....

Fingers crossed. GLA

Thinking out loud....

Could it be a feasible option that CC have sold their stake to a near by major for say 10p a share for example? (in JZ's words, 'they didn't sell at 4.5p' so they must be holding out for more)

Could the deal have been agreed after the last set of assays but with JZ's promise to squash the SP, allowing the major to buy on the open market at 0.4-0.6p since then to 'make back' the money they are spending on buying the CC stake at a premium?

The major will then assist us with an aggressive drilling campaign on Zeb.

me too if that's ok wia?

shaun dot gurney at Hotmail dot co dot uk

or SG071485 on twitter.

Cheers

* (my solicitor mate says that the new solicitors are a much bigger/more respected firm than the old solicitors - read in to that what you will)

- How does he envisage creating shareholder value? By proving up Zeb further or an asset sale/company sale?

- What timescales does he predict to see shareholder value return here?

- How much more does Zeb need to be proved up before its ready for a potential sale?

- Why was Henry Kloepper replaced? Did he achieve what you wanted him to?

- Will he be exercising his options at 6p and 9p? Will he be purchasing shares in the open market?

- Why did he feel the need to curtail a welcome rise in the SP with the speeding ticket?

- Why have they changed the Solicitors? (my solicitor says that the new solicitors are a much bigger/more respected firm than the old solicitors - read in to that what you will)

- What's happening with Narke/Burgersfort?

Thanks again and good luck Benny.

Thanks a lot Benny.

For me it's simple - where does he see the shareholder value coming from, and when is he expecting it to commence? Because since his 4.5p placement it's fallen to 0.5p......not much value add there! So what has he promised those shareholders to enable them to see value add even at a 4.5p entry point?

Why has he/the BOD not been buying?

Why put the halt on the SP rise a few months ago, yet not issued a similar statement for the drop?

If it means us agreeing to be classed as 'inside' before he tells us anything I am happy with that.....i'd rather know the truth than be kept in the dark.

Can you please sort JZ out then? :)

Rubber stamp the 20p special divi and all will be forgiven!!!

Do we need to include the Nomad too?

Cheers for sending Benny - let's hope this kicks things in to gear.

Happy to go along with the majority, however I say get the ball rolling asap.

My email address is shaun dot gurney@hotmail dot co dot uk

Cheers Benny.

p.s. AndyBlu with a whopping 15m!!! Do you know anything worth sharing to have such confidence??

Count me in too - I hold 2.1m

Good luck all and thanks for trying to drive some BOD activity.

King - I for one would be really sad to see you stop posting. Your posts have stuck to the facts and provided a crumb of comfort that there's a light at the end of this very long tunnel!! Ignore the morons that show their faces every now and then just to cause disruption - some just repeating the same old boring ****e about beaches. Are you on twitter King?

If you look closely at SOLGs early assays they were relatively low grade but the main similarity with URU is they are consistent across many kms. The biggest difference is they are drilling depths of over 1000m to find mineralisation.....e.g. expensive to drill. All of URUs mineralization is under 200m so very cheap in comparison. Copper/Gold vs Nickel/Copper/PGE so not comparing apples to apples either.

Arok I see so many similarities to Sol Gold here. They had only drilled a few holes, progress was very slow, they'd spiked months earlier, premium placing and then drifted for months and months on end....went under 1p, shareholders were fuming with the slow progress and seemingly low grades.....however they were consistent (albeit at very large depths into the ground). URU have consistent grades at very shallow depths. SOLG had more shares in distribution than URU too. SOLG went from under 1p to over 40p when they signed a JV with a major who funded over 8 drills turning simultaneously to accelerate the drilling programme to turn the indicated resource into a measured (?) resource. The SP held firm at over 40p before retracing slightly where it has now settled at 20-30p. I think something similar is happening here.

They have drilled over 23 holes to date...

Cheers guys. Sure it will all start to take shape nicely now over the next few weeks. Good luck all, our patience seems to have been rewarded!!

Hi all Delighted how this is playing out....topping up as it dropped in to suspension seems to have been the right call (for once!!) Mjng/royo/miler/quint - how do you see this playing out now? Do you expect we will still fold at the start of March and resist as a seperate entity, or will this satisfy the NOMAD to allow us an extension and continue trading as GWIK in Q2? Cheers

We'll have to raise new funds....

That really would be the dream team wouldn't it. Let's hope she is appointed prior to suspension....that would be a massive pointer that an asset has been secured. GLA...Can't wait to see how this plays out.

I agree Miker.... The Chairman has updated the market and our shareholders in the Half Year Report.... I'd much rather Jaap, Jo and Amanda concentrated their efforts on doing what they were brought in to do.....secure us an asset(s). When they have, then i'm sure they'll more than happily update the market.