Scotgold Resources Share Discussion Threads

[vfb1888] 29/11/2019 12:26

Come on shylock prove me wrong , I have done so with you on multiple occasions and everyone knows it.

Start with your 300% profit , enough to buy a Bentley was it ? Corgi more like.

The list of your lies is endless , do you want me to post them all again ?

It will just be for your benefit as I have e-mailed them to everyone else who was interested .

Your game is up OLD CHAP, MAN everyone knows your game

[pr100] 29/11/2019 11:47

Very happy to have an on-topic discussion about Scotgold with you, wee Graham, but you keep avoiding it like the plague. Your constant diatribe of space-wasting, repetitive, off-topic fake news diversions is just a juvenile attempt at a smokescreen, as everyone can see.

I'm surprised if your chum Gray approves of your evasive tricks because they sure as hell don't make Scotgold look like a credible, investable business - albeit that is no longer a concern of mine.

But let me give you some advice. If you want the share price to re-rate upwards, drop the silliness, engage with the on-toic issues and be transparent. Otherwise you will always struggle to attract new investors until the mine starts generating cash - which is a very long way off, as I'm sure you know. And judging by the paltry 2020 exploration budget, Scotgold themselves aren't expecting it to deliver much, if anything, next year.

[pr100] 29/11/2019 10:48

"“The company wishes to make clear that only the licence fee is a contracted amount and is conditional on the company continuing to hold all 13 licences over the remaining five year period ending in November 2024,” it said."


Sounds like some of the licences will have to be handed back sooner rather than later.

Shame the hapless Gray didn't include his explanation and caveats in the proper place, ie the annual report.

[pr100] 29/11/2019 10:26

HUGE RED FLAG!

[pr100] 29/11/2019 09:44

Just do something for the PI community and post the answers, good and bad. Simples.

No? Didn't think so. But even the ramping has ground to a halt in the other place so something's up.

[vfb1888] 29/11/2019 09:31

PR100, I have offered to put questions forward for anyone, even you in the past .

You made no such request so suck it up buttercup and you are the chap who has been proven to make fake news on multiple occasions

[pr100] 29/11/2019 09:10

I get it that those who were wealthy, healthy and time-rich enough to make the pilgrimage hear the answers. I was asking for them to be shared with the 95%+ of PIs who couldn't attend.

No? Pity. And a red flag.

[pr100] 29/11/2019 09:06

Since the day that the hapless Gray first let PIs down, my posting style hasn't changed at all, even though I was a shareholder throughout until last week. So your fake news carries no weight, wee Graham.

But, as advertised, I don't rule out buying back in after the CEO finally gets his marching orders.

Meanwhile, what was Gray's answer to the question: Can you rule out any further fundraising/dilution before Cononish starts generating cash?

[vfb1888] 29/11/2019 08:52

Oh shylock , you OLD CHAP Man .
Still trying to make something out of nothing as per usual.
The guy who wants to replace the CEO who made him an ALLEGED 300% profit with a guy who has devastated his own company , lol what a PLONKER you are !

Still trying to get back in on the CHEAP OLD MAN .

QUACK QUACK Oops

[pr100] 29/11/2019 08:33

Not much discussion of the AGM is there? Even the other place offers no commentary apart from wee Graham's brief note that all went swimmingly. The PIs who were unable to attend, ie the vast majority, would benefit from at least a summary of answered questions and any further explanation of the 3000% increase in the exploration expenditure commitment to $16m. But the fanboys aren't sharing, which looks like a bad sign.

The media has offered up some stories on Scotgold's response to a possible cash crisis caused by the new minimum exploration expenditure estimates. Seems that if Scotgold fail to honour their investment pledge (as has already happened in 2019 and is certain to happen again in 2020 based on their announced budgets), they will lose licences.

[vfb1888] 27/11/2019 12:31

Shylock that's the most sense you have ever made calling yourself a dimwit
Suck it up Buttercup
QUACK QUACK Oops

[pr100] 27/11/2019 12:27

New licences on the same land, same applicant, same landlord - but a 3000% increase in committed exploration costs.

Do spell it out for us, wee Graham because it doesn't make any sense to us dimwits.

Please also spell out the consequences of Scotgold failing to meet the Phase 1 undertaking ($5.9m expenditure before 31 December 2019) - or indeed the Phase 2 undertaking of $2.6m for next year.

The hapless Gray has just told us that exploration expenditure in 2019 will be $0.6m and the figure will be even lower in 2020.

So, pray, what are the consequences? Are Crown Estate Scotland happy for all $16m to be condensed into 2022-2024?

Don't you think the little PIs deserve to know?

[vfb1888] 27/11/2019 11:44

Shylock you OLD fool , new licences , new proposals , nothing else

Come on shylock is that it , Mr Gray has made you 300% profit ( claimed not proved )
and what has Roland done ? Destroyed shareholder value and ran out of money .

Lies lies and more lies VERY OLD CHAP

[pr100] 27/11/2019 09:47

You're not helping the great unwashed, wee Graham. Having hung onto every nugget spoken by the hapless Gray and others at the AGM, would you care to share the explanation for the sudden increase in the 5-year exploration commitment from $0.5m to $16m?

[vfb1888] 27/11/2019 09:39

Come on shylock is that it , Mr Gray has made you 300% profit ( claimed not proved )
and what has Roland done ? Destroyed shareholder value and ran out of money .

Lies lies and more lies VERY OLD CHAP

[pr100] 26/11/2019 18:48

Speaking of blasting restrictions, Scotgold also seem to be suffering from them. Perhaps that will be the hapless Gray's excuse…if it doesn't snow.

[pr100] 26/11/2019 18:42

If you're talking about Roland Phelps, he's the top gold miner within a 1,000 mile radius and would, imho, do a much better job for Scotgold than the hapless Gray.

Galantas is temporarily inconvenienced by blasting restrictions which I expect to be lifted soon - whereupon the share price should recover sharply.

Unlike the hapless Gray, Phelps has proper skin in the game, owning more than 15% of Galantas.

Unfortunately, the only way Scotgold are likely to get Phelps is by buying Galantas which, even at the current bargain price, they can't afford.