These interviews are scripted. SC says in the interview that he owns 1% of SOLG. He would be calculating that his touted insincere low ball acceptable price would draw a buyer out of the woodwork and or start a bidding war. Newmont, BHP, DGR, NM and the other top 20 shareholders wouldn't sell under 50p and it is likely they would want 50-100p. This is now an exquisite poker game with a number of giant players with their cards glued to their chests. This is a superb entry point for a non holder or micro holder to come in under 0.02 and make 5-10 bags. It is a time for holders to hold. I believe that NM who is approaching 70 years and looks tired will distribute most of the SOLG cash and then sell off the other assets including a likely legal settlement from his litigation relating to AJQ. I've been in a good number of junior resource 10 baggers since 2000 and know how they move and squeal and smell.
DGR Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
