Solgold Share Discussion Threads

[billthebank] 24/10/2016 14:52

So the question you have to ask yourself is why APF?

[apfindley] 24/10/2016 14:49

£330mill market cap now.Insane.

[lefrene] 24/10/2016 14:42

But they also didn't know what was there at that time and a huge Aussie miner had not bought in to underwrite further exploration.

Just how do you work out the true value here? At the moment it's £320 million but it could be £3 billion, the ordinary holders will be the last to know when a feasibility report comes out. Have those big miners got their own people crawling over the prospect? It would make sense if you thinking of making a bid.
What would site with a potential 50 years worth of good profits be worth to you? As always loads of questions, and barely the vaguest notion of the answers.

[cool hand kev] 24/10/2016 14:36

Historically it did go to 80p in about 2 days and back to 2p eventually
Mind you there was a lot less number of shares then.

[smoothtrader] 24/10/2016 14:17

Trading on AIM defies all logic and key fundamentals. It's the beauty of AIM trading. The value here way may have sky rocketed no doubt. The key thing to ask is what is Value? A value or a price is what one is prepare to pay.At the moment there is clear market...regardless of the above the cloud share price

[bigdazzler] 24/10/2016 13:56

^^^^ oh dear!!!! There's always one.

[turbotrader2] 24/10/2016 13:47

Any of you guys took a look at GLR very similar comparisons to be made but GLR is a fraction of the priceDYOR

[mam fach] 24/10/2016 13:35

Think bottom is 20p.
Know it's been an amazing run from 2p but
shares are still attracting buyers which makes me think there is more news to come.

[lefrene] 24/10/2016 13:15

It's had a hell of a run but at some point it will take a breather while fresh news catches up with it. I guess things to look forward to are a Toronto listing, a resource statement and feasibility study, and early news from fresh drilling in those hoped for shallow deposits. We might have the biggest potential mine on the planet.

[bigdazzler] 24/10/2016 12:42

we have currently broken a weak resistance point of around 24p. Just hope we don't fade below it again which could signal short term weakness.

If we continue uptrend my next resistance point is a very healthy 40p which would be great news. However I would be watching like a hawk at nice round numbers like 30p and 35p to see how price reacts as investors always like simply numbers.

So waiting for the clue of further direction at current price next few sessions important for me.

[billthebank] 24/10/2016 12:17

heals or heels!!!!!!!!!!!!!!

[billthebank] 24/10/2016 10:08

Dun durra dun durra dun durra dun durra dun dun. Dun durra dun durra dun durra dun durra dun durra dun dun dun!!!! BONANZA!!!!! If you are young enough to remember

[archlight] 24/10/2016 10:05

Bill, I hope you clicked your heals 3 times as well

[sidarthur2] 24/10/2016 10:05

what do you think Bill?

[onedayrodders] 24/10/2016 10:00

Billthebank ...I think u r spot on.

Buys of £20-40k popping up regular .... these aren't AIM retail buys

[alwaysevolving] 24/10/2016 09:57

All right, all right Bill, keep your Alan's on! 😉

[billthebank] 24/10/2016 09:51

I think someone is building a stake here and happy to buy at these levels in the knowedge that this could be a BONANZA!!!

[billthebank] 24/10/2016 09:51

I think someone is building a stake here and happy to buy at these levels in the knowedge that this could be a BONANZA!!!

[billthebank] 24/10/2016 09:51

I think someone is building a stake here and happy to buy at these levels in the knowedge that this could be a BONANZA!!!

[moormoney] 24/10/2016 09:46

Unless there's a takeout looming!!!

[franki8] 24/10/2016 09:44

unless they are sitting on the goldmine...

[apfindley] 24/10/2016 09:06

This can't continue.The company has a great asset, and I was invested here previously, but, current market cap is now £311mill.That's a massive market cap for even a large producer, nevermind one that is still drilling and exploring it's license.Theres plenty of cash in the bank amd I'm sure plenty more good news to come, but 311 million market cap is way way too high.

[franki8] 24/10/2016 08:34

Hmmmmmmm. Wtf is going on. Up almost 20% since friday on no news...

[gersemi] 24/10/2016 08:16

Un-bee-leev-a-bubble

[tedoby2] 23/10/2016 14:02

Thanks for the link gersemi . Good stuff.

The angry one asks a hugely profound question it seems to me.

He tells us the Alpala looks good although it's sure to be an underground low grade box mine in his view. He may well be right.

But here's the thing. He thinks from a first look that there's a really strong possibility that an open pit mine with similar grades can be developed at Aguinaga. If that's right or if an open pit mine is found suitable at any of the other twelve targets this share price is likely to rocket on the news.

Its a rhetorical question I think but he asks "What would happen to Sol Gold if they found an Alpala-sized deposit at surface?" He knows the answer only too well I believe. The difference in AISC's between a surface mine and an underground mine is considerable. It follows that if the Alpala appraises well even on an underground design the potential elsewhere is massive.

Very interesting times ahead.

AIMHO and GLA