Post by
RatPatrol on Sep 30, 2020 10:32pm
GETTING STRAIGHTENED OUT
From this latest announcement, it appears that Alpala's pre-development is coming under some scrutiny and some better management. SolGold, under its wannabee Emporer, Nicholas Mather, was using a loosy-goosy approach and trying to sell us all that a mine of this SIZE AND COMPLEXITY could be self-financed all the way into production.
So much for getting 1000 angels to dance on the head of a pin.
This came to a head I believe 6 months ago as Newcrest's representative quit SolGold's board.
He was the ONLY person on that board WHO KNEW WHAT HE WAS TALKING ABOUT!
Now, to stretch a metaphor, methinks I hear the rumbling of a wooden horse being rolled into SolGold's late October meeting....
Has CGP filled its belly with mercenaries (Newcrest and BHP)?
CGP has taken the lead in this proposed turnover, but it may be FULLY SUPPORTED by a majority of shareholders.
Mather was running fast and loose, trying to mine one of the world's largest deposits with NO MONEY and NO EXPERIENCE!!!
Imagine this at a time of COVID and Greta Thunberg?
Nick Mather and his staff are smoking banana peel.
Something HAS to change to bring this deposit into production.
We c......