The Fat Lady sings the ShareProphets National Anthem in Jockland: more Metaxa for the Sheriff

I warned folks time and time again that Scotgold (SGZ) would end in tears. The fundamental problem I identified early on was that its thin vein gold mine at Coninish was just a piss poor asset. That meant Scotgold kept on running out of cash and so to get placings away it both appealed to the sort of petty and sentimental Nationalism that is rife in the land of the deep-fried mars bar but also engaged in promotional activity that was a disgrace.

Scotgold Resources (#SGZ) – “planned appointment of administrators”, as warned by @tomwinnifrith

Scotgold Resources (#SGZ) – major secured creditor of subsidiary, Nat le Roux, resigns from board “with immediate effect”

BREAKING: Yet More ouzo for the Sheriff! The Fat Lady is heading to Jockland for a gig at Scotgold

Oh dear, oh dear, pity all those deep fried Mars bar munching viewers of BBC Scotland and the rapidly dwindling band of listeners to Radio 4’s Today programme suckered into buying shares in Scotgold (SGZ) by its fake news. Pity all those Bulletin Board Morons who knew better than the Sheriff as I flagged up red flag after red flag and published damning internal emails sent to Winnileaks. My full, and excellent coverage is HERE. Today Scotgold has essentially admitted that the game is up.

ScotGold – The Fat Lady should not cancel her open ticket to Jockland

On October 2nd the lead potential saviour investor in Scotgold (SGZ) walked away. But fear not, we are told today that there is another mug talking and that discussions are advanced. If this mug plays ball we are told that it will provide “sufficient funding for the Company to continue as a going concern.”. well sort of…

Scotgold Resources (#SGZ) – “advanced discussions” with a new investor, though any lack of agreement “could result in the appointment of administrators”

Scotgold: oh dear, oh dear – things are getting desperate, the Fat Lady should consider heading to Jockland

Its shares are suspended pending clarification but over at AIM listed Scotgold (SGZ), the worthless company promoted by BBC lies, things go from bad to worse and shareholders should brace themselves for a wipeout soon.

Scotgold Resources (#SGZ) – notes creditor “recently taken action” and majority of employees now on “unpaid leave” as seeks to to advance financing discussions

Lashings of ouzo on my cornflakes, ScotGold suspended, the Fat Lady is boarding a train to Jockland

Oh dear, oh dear, as the disgraced tipster Mike Walters would always say as yet another of his recommendations went horribly Pete Tong. I have warned and warned about Scotgold (SGZ) for eons, publishing leaked internal emails which showed how parlous its financial position was, something the company tried to brush off with dissembling releases. Well, today, I hear that the Fat Lady is in a taxi to Kings Cross and preparing to head north… the shares have been suspended.

Scotgold Resources (#SGZ) – shares suspension, “pending clarification of its financial position”

Promised You a Miracle. Only Simple Minds believed that: Fat Lady looking at gig with Scotgold

Oh dear, oh dear. Despite having raised £5 million so far this year, Scotgold (SGZ) today says it had just £620,000 cash as at June 30th and owes $500,000 with a fifth of that due as the first repayment due this week. This makes the #BBCScandal that the national broadcaster and protector of paedophiles told its viewers in late January that Scotgold had discovered new gold (when it hadn’t) to allow a pump and placing dump even more of a scandal. Today’s news is bleak.

Scotgold Resources (#SGZ) – H1 update, “mine plan review” with cash troubles

BREAKING: The BBC fesses up to misleading over Scotgold pump and dump now AIM Regulation needs to step in

I have noted before how one valiant reader complained to the wretched BBC about its coverage of Scotgold (SGZ) earlier this year ( January 30) – reports which were clearly false caused the share price to spike to 70p allowing a bailout placing at just 40p to go ahead. Amazingly the BBC has now formally accepted that it did mislead its viewers, thus costing many of them a good few quid. But it gets worse.

Scotgold Resources (#SGZ) – CFO Sean Duffy also appointed interim CEO “until a permanent replacement is appointed”

Scotgold Resources (#SGZ) – CEO Phil Day submits notice to resign, argues long hole stoping progress

Scotgold Resources (#SGZ) – £2m subscription and open offer at 15p per share, but admits going concern entirely dependent on what it can now produce

BREAKING: Scotgold – Now the Tree Huggers go on the attack flagging up environmental and financial risks of non-compliance with Restoration Bonds

We are yet to hear from Scotgold (SGZ) or, other than an acknowledgment of complaint, from regulators considering apparent deception of investors ahead of the £3 million 40p placing earlier this year either as a result of the dynamite leaked spreadsheets HERE or the allegation that investors were spoofed by fake news given to the BBC, HERE. But now enter stage left the environmentalists at Parks Watch Scotland flagging up another massive financial issue which also poses clear environmental threats.

Letter to Marcus Stuttard at AIM Regulation – the BBC dobs Scotgold in, surely this is criminal?

I have dropped a note to my old pal, the bogus Sheriff of AIM, aka Mr. Marcus Stuttard, head of AIM Regulation, aka the Oxymorons. It seems to me that the BBC has dobbed in Scotgold (SGZ) for serving up a material untruth which saw the shares zooming to 70p to allow a £3 million placing at 40p to proceed. Either the BBC is lying or this is criminal deceit on the part of Scotgold. I have urged the Oxymorons to act…

BREAKING: The BBC admits the sordid truth about Scotgold’s pre placing ramp, surely this makes Scotgold's action criminal?

Scotgold (SGZ) has yet to comment on THESE LEAKED SPREADSHEETS which suggest that it misled the market about output at Cononish in January ahead of a £3 million placing at 40p. But there is now worse evidence of what it was up to ahead of that placing. I refer to the BBC article about a new vein appearing at the mine which saw the shares puffed up to 70p. I had assumed that the BBC was flying solo in bumming its readers.

BREAKING: I am sure that Scotgold didn’t lie in its RNS but these spreadsheets look awfully genuine to me

It is listed on the AIM sewer so Scotgold (SGZ) cannot have told porkies in its Q4 trading update published on January 19 2023. However…..