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Group name “Solgold Shareholders Group”
I read here daily and have started to filter a few like Need, slug, Red and Novice.
But to me the likes of BBG are just as bad and I can not think of anything worse than joining some telegram group with you all ramp this up hourly.
I'm well under on this share but I am holding to the end and hope one day all you rampers can have your day on here and say I told you so but I am more with the realistic group who try to be balanced and get shot down and accused of all sorts.
I really hope this gets sold this year but I wouldn't bet any money on it, maybe I should bet it won't get sold because I lose most bets, who wants to bet me? Win win?
Cheers Anon,
I respect opinions of other shareholders and it’s quite easy to know who is a shareholder on this thread.
Can you explain to me why you suggested that Scott should be removed as CEO? That backfired for you. Don’t you believe he has done a good job over the last 12 months. Do you want me to post what has been achieved over the last 12 months to refresh your memory
I certainly won't be joining your 'group' - and fail to see what the guy you admire so much has done for the share price.
Although I'll probably remain a substantial investor (unless I see something else) - progress/achievements to date have been mediocre.
Luther - You started contributing to the solgold thread only when the other pelicans were getting hammered for their complete scaremongering tripe. We’ll assume you’re connected matey.
Another pelican in disguise
Bbg. It's not us pelicans getting hammered you clown.
Look at share price.
That's what's being hammered.
The way your pressing that filter button, only you will be left.
Then who will you tell porkies to
Assume what you wish. Obviously you vehemently dislike opposing views - to yours - but my thoughts are genuine and unconnected with any other posters. Please have the dignity to accept them for what they are; if you can't - that's OK too. But ramping and insulting can make people bores!
He just can’t do that. Would filter if I was you. Board has deteriorated since he flew in.
Good luck with your investment.
Good job and a plunging SP somehow do not correlate! At least from my observations, when a ceo is doing a good job, his/her company's SP increases to reflect that achievement. I cannot recall a case where a company met all of its business objectives and the market reaction is to tank the SP. Scott The Rocks Caldwell has failed to meet one of his key promise to grow shareholders value. Some folks voted for him because they are hopeful that he will achieve something this year. But with him hiring a PR man, I don't think anything is imminent, aside from a raise that is. It takes a particular kind of twit to believe that a post here can influence the SP of a company where the SP has already plunged from 40p to 6p+.
Eloro, I think your antipathy towards SC is based upon a misunderstanding of what he inherited, the strategic goals he's set out and the length of time needed to deliver them. It isn't an easy task.
It was quite clear from the AGM that he has virtually unanimous support from the shareholders who voted and is opposed by a statistically irrelevant number of holders. Surely that tells you something?
I'm not sure about your view of the IR appointment. It's equally possibly they've been taken on to familiarise themselves with the business prior to corporate action when their services will be required.
It’s like a bogoff offer. Post and get a green box free.
I think you have me confused with someone else.
That's a nice theory, add, but it's as pie-in-the-sky as all the other false dawns. Each person who has been let go or appointed in the last two years has been heralded by someone here as an indicator of imminent action. And then it never is, and rampers go quiet on that one before using the same line about the next.
Also, if the email conversation with IR is to be taken at face value (dubious!) then this new bloke sounds absolutely garbage.
Morning addicknt
Yes, SC clearly didn't have an easy task.
But two main frustrations for me:
* downsizing (mothballing) the company for 12 months didn't feel the way to go. Either we are an explorer or not?
* as usual with SOLG, communication has been terrible
- An open-ended Strategic Review used as an excuse to do what they want.
- No clear milestones or timescales.
- Regularly contradicting comms (e.g. no more studies needed on Cascabel is now 'we need another PFS'; Porvenir isn't right now becomes 'we're going to complete Porvenir PFS')
Scott has added confusion to 2023, not clarity.
I'm backing SOLG. But more because I believe in the assets (that someone else will want to acquire). Not Scott's capability to deliver.
Stack, I don't disagree, but the fact remains that my scenario is equally possible. Currently, we have no way of knowing - just like so much else.
Btw, I also agree about that email and his ants analogy, which sounded as if it came from a third rate MBA course.
Sorry Anon not you. Your one of the good guys and gals
*youre
NMM, I share your frustration but am prepared to support him for another 12 months. He's our best bet.
add ….. we’ve all got a bit frustrated at times but that’s the nature of the game. i’m personally grateful for scott’s stewardship . it doesn’t bear thinking about how close cazubbo took us to the edge and the amount of **** he left behind to sort out.
i’m confident we are on the right track now and we’ll see value realised at some point in the future. i’m sure plenty disagree which begs the question what are they doing here?
Difference between possible and probable I guess? No one should invest based just on what's possible (though it looks like many here did, encouraged on by the halfwit rampers). Changes are we've just outsourced IR to the cheapest we could find, and that's why he sounds like an inexperienced chump.
Stack, based upon what we've read recently - the DC court submission - I'd say both arguments are equally possible.
Just out of interest, on what basis did you invest? Probable or possible? Given your comment, I assume you thought it was probable?
I invested based on the two most probable options. JV or asset sale. You?
Does that make it probable that this low-rent IR chap foretells imminent corporate action? Absolutely not. We're a very long way from any of that. This guy will have been given his marching orders long before we see any action. So no, I don't agree that it's equally likely he's been brought in to familiarise himself with the company ahead of CA. God help us if he's the sort we are using in 2025/6 when the time comes.
DBW, out of interest, management will be working out the next round of remuneration and bonus shares and incentives etc for 2024. Do you think Scott and co should get more awards after last years huge hand outs?
Same as you, although I have no interest in a jv.
At the moment I take the view definitive statements are futile and not one of us knows any more than others.
Changing the subject slightly, I assume there must have been a reason we've appointed this bloke and I assume that's because he's good at his job and has a strong track record. Time will tell.