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Bullboard - Stock Discussion Forum Sagres Energy Inc V.SGI

Bullboard (TSXV:SGI)

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Comment by invest234on Apr 01, 2023 10:23pm

RE:RE:RE:RE:RE:brilliant move setting up contingencies

i already told you, can't you read? the bridge loan is a contingency that can be drawn in $1 mil increments. nowhere did they say they drew any of it down. repeating your same FUD (fear ...more  
Comment by Goldcamelon Apr 01, 2023 9:22pm

RE:RE:RE:RE:brilliant move setting up contingencies

The only question to answer is why have an additional loan (being a high interest bridging loan) burden with Auramet if you are cash flow positive? Why not request an inmmediate cash postion (at least ...more  
Comment by invest234on Apr 01, 2023 8:03pm

RE:RE:RE:brilliant move setting up contingencies

from the news release, the under certain circumstances is for termination from a superior proposal. it does not say a vote of NO is a certain circumstance. in any case cad$2 mil is not the end of the ...more  
Comment by tanninon Apr 01, 2023 6:49pm

RE:RE:RE:brilliant move setting up contingencies

Invest234, I will vote NO .....and hope others do the same. Don't mind selling, do mind the ruse being pulled to effect the stealdeal. Can our Bod come out against the deal ? Seems unlikely ...more  
Comment by Goldcamelon Apr 01, 2023 6:19pm

RE:RE:brilliant move setting up contingencies

Once again Invest will it kill you to be civil and once again I am sick of doing your research for you just like your flawed viewed % of issued capital vs voting share. I will give you a hint look up ...more  
Comment by invest234on Apr 01, 2023 3:32pm

RE:brilliant move setting up contingencies

i see camel is spewing his BS again on the ceo board saying "If the ‘no’ vote wins $2m is immediately payable to CYL via a termination fee." making up lies and twisting the truth, proving ...more  
Post by invest234on Apr 01, 2023 3:14pm

brilliant move setting up contingencies

look at the date of the merger announcement of feb. 23, 2023 and look at the gold price chart during that time: https://www.kitco.com/gold_currency/index.html?currency=aud&timePeriod=6m&flag ...more  
Post by riverrrowon Mar 28, 2023 6:30pm

Catalyst down again today.

Soon it will be trading on par with SGI.  I feel so sorry for SGI insiders who bought into the Catalyst pp at $1 AUD.  Not.
Comment by invest234on Mar 28, 2023 10:11am

RE:Gold is up about A$300/oz over January's price.

sgi should be very profitable selling gold at that a$2900 which is a$300 higher than last year. those a$2900 warrants should not be of much concern because they are only a small percentage of sgi ...more  
Post by PulpCutteron Mar 26, 2023 11:31pm

Gold is up about A$300/oz over January's price.

At 17k oz/qtr, that's an another A$5.1 million in cash flow/qtr. I know the business has to pay off the gold loan, and that the A$2900 hedges are in the money.  But on the other hand ...more  
Post by PulpCutteron Mar 26, 2023 11:23pm

Fate - in the form of a fat jump in gold's price - may

have handed SGI's long-suffereing shareholders a way out of this nightmare.  It's hard to come up with a plausible scenario where Plutonic, alone, cannot run positive cash flow, now.  ...more  
Comment by tanninon Mar 26, 2023 10:58pm

RE:conflict of interest

conflict of interest, or something stronger, more active. BoD decisions: first spend all sgi working capital on work not required; then take stealdeal offer claiming 'emergency, no choice' ...more  
Post by phantomson Mar 25, 2023 7:00pm

conflict of interest

if jordaan and all managment supporting this horrible deal without taking account  shareholders interest is this a conflict of interest if jordaan has a golden parachute in a takeover.very ...more  
Comment by tanninon Mar 25, 2023 2:15pm

RE:RE:Vote no, vote no, vote no.........

either the peter principle, or this whole debacle was planned, to undermine SGI. Why would I suggest such a thing....because the Bod are clever, and with virtually no shares their interests are not ...more