Scotgold Resources Share Discussion Threads

[glenalmond] 16/2/2018 13:11

FAO Herr Vfb

[vfb1888] 16/2/2018 13:07

And another thing ,
NO BONUS FOR YOU .

And , lol How is your chum at the NP

[pr100] 16/2/2018 07:48

Apart from your always interesting and entertaining parrot-like squawks about my posterior, how about posting something original and useful such as what has happened to the galena concentrate? Or like the rest of the hoi polloi, don't you know?

Given Scotgold's radio silence on the topic, do you think it's because they haven't been successful in finding a route to market for it?

And do you know why they haven't issued a final report on the BPT (after issuing 12 BPT updates over the past two years)? Is it because they are embarrassed about it and fear it might damage prospects for either a successful planning determination or for raising mine finance from any third parties?

It would be great to discover that all your Scotgold brown-nosing and those visits to the mine weren't totally wasted - even if you are heavily out of pocket as a result.

[vfb1888] 15/2/2018 21:14

You should know what planet he is on as you're never far behind his behind.

[baztea49] 15/2/2018 19:22

who is going to pay for the mine ?


C'mon what planet are you on?

The mine will be paid from the profit made from the BPT trial.Surely pr100 you must have worked that out? There is no more money required.

[vfb1888] 15/2/2018 17:18

That bonus of yours is getting further away with every day that passes.

[pr100] 15/2/2018 16:02

Brings back fond memories of the Sirius Minerals planning meeting - where the planning director recommended a refusal but the committee voted the other way.

Still, it was always an odds-on bet that this revised application would be approved. The big question - who is going to pay for the mine - won't be answered yet. And given that no-one came forward with an acceptable offer the last time PP was granted , the chances are that it will be NLR and the PIs stumping up again.

So if you don't have deep enough pockets here, and most PIs don't, you will likely be diluted to oblivion.

In some ways, a planning refusal would be a more humane way to go.

[steelwatch] 15/2/2018 15:50

Planning Application



Scotgold Resources Limited (AIM:SGZ) (the "Company" or "SGZ") is pleased to announce that the Director of Rural Planning and Development at the Loch Lomond and the Trossachs National Park Authority has issued a report recommending approval of the Company's application for the development of Cononish Gold and Silver Mine (2017/0254/MIN - Minerals Cononish Road, Tyndrum, Stirling) at the forthcoming Special Board Meeting ("Hearing"), subject to conditions and the conclusion of an S75 agreement.

[steelwatch] 12/2/2018 12:26

Planning Application

Scotgold Resources Limited (AIM:SGZ) (the "Company" or "SGZ") is pleased to announce that it has been informed by Loch Lomond and the Trossachs National Park Authority that arrangements have been made for a site visit and hearing to determine the Company's application for the development of Cononish Gold and Silver Mine (2017/0254/MIN - Minerals Cononish Road, Tyndrum, Stirling).

These will take place on 27(th) February as follows:
-- Site Visit - 10:15am, Dalrigh Car Park
-- Hearing - 13:30pm, Crianlarich Village Hall

[pr100] 12/2/2018 12:25

RNS: DAY OF RECKONING - FEB 27

Maybe Gray will be forced to reveal the final results of the BPT.

[pr100] 29/1/2018 14:13

They will get their knuckles rapped for it and it may cost them a fine - which decent management would have avoided.

But it's far from the full charge sheet on their failings. They will get into a lot more trouble if they don't quickly start to treat minority shareholders as part owners of the company.

Where is the final BPT report? If updates were material enough to RNS then the final outcome must be too. It's now 6 weeks since they closed it down. I get that they may not want all shareholders to see the full, dire outcome of the BPT but they don't have a choice.

[pr100] 29/1/2018 13:54

Whatever price tag that would give NLR a 15% profit. Sadly that would not be enough to rescue most minority shareholders.

[baztea49] 29/1/2018 13:46

Time to sell and start bigger things in the exploration field.


What valuation would put on Cononish in its present form?

[pr100] 29/1/2018 13:44

"The SGZ Cononish Ltd certificate of incorporation can be found here."

Anyone willing to dig could find it but that's not the point. Scotgold didn't announce its formation - and even omitted to list it as a subsidiary in the latest accounts.

Disgraceful and/or incompetent. New CEO needed urgently.

[baztea49] 29/1/2018 12:44

Maybe Cononish could be sold off (or IPO) and help fund more exciting exploration projects in the area. Far bigger fish than Cononish to be discovered in those hills and these fish swim outside the national parks!

And just watch the share price if they do that.

[baztea49] 29/1/2018 12:40

Major ShareholdersName Type Amount Holding %
Mr. Nat Le Roux - 15,045,494 53.04
Standard Life Aberdeen PLC - 6,325,616 22.30
William Styslinger - 1,990,555 7.02
Director HoldingsName Type Amount Holding %
Mr. John Bentley - 1,962,500 0.886
Mr. Christopher Sangster - 202,045 0.712
Mr. Richard Gray - 96,738 0.341


looks like wee Graham could not afford the RI, or has he finally come to his senses? I think not.

[baztea49] 29/1/2018 12:21

Good spot pr100 although s wee bit out of date with the shareholdings,ie no mention of mr gunslinger (styleslinger). I have already raised the comment about paying of a 6% loan with a 10% loan and as usual got my face torn off for it.There are none so blind as those who refuse to see.

[pr100] 29/1/2018 11:21

PARKSWATCHSCOTLAND DIGGING FOR DIRT

I think their point is that the Cononish mine application if approved would benefit NLR rather than minority shareholders - or the local community beyond the short life of the mine.

But good to see them asking about the planning applicant, SGZ Cononish Ltd, because it's disgraceful that minority shareholders have been told nothing about it.