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Bullboard - Stock Discussion Forum Sagres Energy Inc V.SGI

Bullboard (TSXV:SGI)

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Post by PulpCutteron May 01, 2023 10:11am

Has Collins Street called in their $10 million debt due?

Collins St got a first-claim on Marymia, as a condition of the $10 million convertible loan, that kept Vango breathing long enough to be acquired. Have to assume losing 40% of their collateral, in ...more  
Comment by Patheticon Apr 30, 2023 2:46am

RE:New Press Release - SUPERIOR GOLD ANNOUNCES FULL-YEAR 2022 FINANCIAL RESULTS

Wow, how much shareholder money wasted. Jordaan and the board should be sacked and investigated. 
Comment by Patheticon Apr 30, 2023 2:43am

RE:catalyst deal

Tamara recruited Jordaan from their days at Newcrest. She knew he was being sacked from Necrest, bacaise of mismanagement at Lihir, and would have said yes to anything where he could get paid.
Post by phantomson Apr 29, 2023 12:44pm

catalyst deal

will we merge with a possible co near out of business.with all thoses debt with the vango takeover |+ what will be due to superior  regarding the court case it look like catalyts with the approx ...more  
Comment by invest234on Apr 28, 2023 4:48pm

RE:TWO stope failures at Hente, in Q1 2023

that means people who intend to vote yes thinking they will get better management should think again. cyl appears to be banker oriented acquiring gold properties rather than being competent mine ...more  
Comment by PulpCutteron Apr 28, 2023 4:46pm

RE:joke

Agree. Not only is the judgement a 'material event' for SGI, but it's even more a 'material event' for CYL, who just lost 40% of what they bought Vango for. (Plus some more bucks ...more  
Post by phantomson Apr 28, 2023 2:40pm

joke

more i learn more it is a non sense to merge with cy   first the shares ratio sgi  vs cyl  .  two cyl problem with the hente mine, + cyl first quarter number, + debt cyl add ...more  
Post by PulpCutteron Apr 28, 2023 8:15am

TWO stope failures at Hente, in Q1 2023

Hente fatality Jan 2002: "The national arm of the union representing workers at the mine site said it believed the ground underneath Mr Goss's loader caved in after he picked up a second load ...more  
Comment by PulpCutteron Apr 28, 2023 6:52am

RE:CYL just laid a turd. Henty Q1 AISC A$2763/,

Plus there's this gem in the quarterly:  "Off market takeover of Vango Mining announced and completed, demonstrating Catalyst’s ability to identify and execute M&A" LMAO ...more  
Post by PulpCutteron Apr 28, 2023 6:51am

CYL just laid a turd. Henty Q1 AISC A$2763/,

and the low-lifes waited until after Sydney closed on a weekend to release the results. LMAO  
Comment by petersburggrayon Apr 27, 2023 2:35pm

RE:Vote NO...............

Mark twain said that figures don't lie, but liars figure.
Post by tanninon Apr 27, 2023 1:45am

Vote NO...............

I've added shares and will vote NO. The 'loss' reported includes expensing 100% of taking off overburden from 60k ozs of rich open pit ore in main pit deeps project. That 'expense' ...more  
Comment by invest234on Apr 26, 2023 12:59pm

RE:RE:RE:vote no

they needed the merger to take place right after the year of hell for maximum fear to convince shareholders to give away 80% of the company for nothing. the more time and distance away from that year ...more  
Comment by invest234on Apr 26, 2023 12:44pm

RE:RE:RE:vote no

yes possibly, but any delay in voting could hurt the chances of merger instead. because the recent news of sgi gaining access to 40% of marymia puts sgi in a better position, and also the longer the ...more  
Comment by pppon Apr 26, 2023 11:12am

RE:RE:vote no

My thinking is that is why the deal got delayed. They knew it wouldn't pass and needed a few more shares to change hands before it would.
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