Solgold Share Discussion Threads

[mam fach] 06/10/2020 09:22

We as shareholders must stand and watch and be prepared to be amazed.
Don't agree share is overbought , undervalued yes.
Please solgers hold on to your shares.
Haven't held this long to make pennies, in it for pounds.
GLA

[mknight] 06/10/2020 09:18

No reason why it shouldnt keep going up it is now way undervalued .

Every day the limited amount of shares are in safer hands imo

[greenelf] 06/10/2020 09:16

Everbody simply discounts Newcrest. We shall see whose ambitions match their wallets..

[lowtrawler] 06/10/2020 09:06

If BHP play the game I described before, the price they pay to Newcrest will become the new floor. I can't see Newcrest selling cheaply.

[greenelf] 06/10/2020 09:00

It is overbought currently and in resistance zone. May need a breather..

[mam fach] 06/10/2020 08:57

Very Strange share price not going up more.
Well solgers plan is coming together.
Still time to get in , any newbies here don't hang about.
Happy, Happy days.

[lowtrawler] 06/10/2020 08:55

If I were BHP, I'd be looking to buyout Newcrest this month and buy more in the market to take me up to 29%. That would discourage others from buying in and leave the game between SOLG and BHP.

[lowtrawler] 06/10/2020 08:47

It's more a game of poker. SOLG hope to knock CGP out of the game next week. It will leave BHP the only other player at the table although others could choose to buy in. So far, SOLG are playing their hand well but are always vulnerable to players with more funds.

[greenelf] 06/10/2020 08:31

Investing aside, I find this whole "final scene in play" for mid October highly interesting and entertaining. What twists might we see?

[cbeadle] 06/10/2020 08:05

It’s looking like another positive day, SOLG gaining momentum from a low base in the mid 20s recently

[lowtrawler] 06/10/2020 07:48

Another sweet side effect from today's Blanca announcement is it will irritate CGP. One of the ENSA tenements encroaches on Blanca and they have been keen for SOLG to continue exploration there. This announcement comes too late for any value to be added to CGP. Shame.

[lowtrawler] 06/10/2020 07:21

Another nice surprise. Blanca is different from the other sites. It is focused on gold. The early results suggest near surface gold grades are excellent. They are at a level where you can expect some gold nuggets. The proximity to Alpala means infrastructure can be shared and is not a problem.

[mirabeau] 06/10/2020 07:09

Yes, it's almost as if Mather's planned it this way.

[mknight] 06/10/2020 07:07

Oh what fun good old Blanca is off and running another little surprise .

Drilling results every week in October , November , December etc etc .

Wonderful

[oli12] 06/10/2020 07:05

An RNS every day until the 15

[mirabeau] 06/10/2020 07:03

Drilling Commences at Cerro Quiroz Target,

Blanca Gold Project, Northern Ecuador

The Board of SolGold (LSE & TSX code: SOLG) provides an exploration update on the Blanca Project in Northern Ecuador. The Blanca Project is held by Carnegie Ridge Resources SA, a 100% owned subsidiary of SolGold.

HIGHLIGHTS:

Ø Drill rig arrives at Cerro Quiroz, as drilling crews prepare to recommence drilling at the Blanca Project.

Ø BDH-20-003, the third hole at Blanca Project will test the central portion of the Cerro Quiroz Dome Target, characterised by an extensively silicified topographic dome containing quartz vein and quartz-stockwork veining that returned rock assay results of up to 6.8g/t Au.

[jlondon] 06/10/2020 06:58

- P R O V E N I R -

From the Solgold Sep 2020 Presentation
hxxps://www.solgold.com.au/wp-content/uploads/2020/09/SolGold_Corporate_Investor_SEP.pdf

Pg 23 : "C o m p e l l i n g copper gold porphyry Target:
P R O V E N I R 2
Target 15-La Cacharposa Creek 1km x 1km.

P R O V E N I R 1 - B A R T O L O
2.5 KM X 2 KM
Diorite porphyry outcrops with 2% Chalcoprite+Chalcocite+Covellite & INTENSE magnetic overprinting.

Chart shows Provenir 2 & 1 cu in soil ppm & colour coded."

My Comment:
From the 1 & 4 Oct 2020 Solgold RNS re: Provenir {Cacharposa}, it is now 1.7KM x 1KM.

Provenir 1 is also classed under "COMPELLING copper gold porphyry target" so, B A R T O L O {PROVENIR} still to come and appears even b i g g e r in size.

Ref: "mknight, 6 Oct 2020 #25472: "Most cal Provenir to be at least 4x time bigger than Alpala." {Does not include Bartolo, Provenir 1 -not yet test drilled}
J.London, Tues, 6 Oct 2020

[mknight] 06/10/2020 05:23

Should break 40p today after yesterdays RNS . Most calculate Povenir ro be atleast 4 x times bigger than Alpala . Even if you valued Alpala at 40p on its own which seems low You can add a conservative 160 for Porvenir . So 200 plus how many other sites will they strike Gold ?

Solgold looks like it will be the next BHP after all and you can still own it for 36p .

As i often have said in the past .. too cheap .keep buying .

[mam fach] 05/10/2020 20:28

Let them refuse the offer and regret it.
This 'disagreement'( for want of a better word) between
both parties not helped SOLG share price.
As soon as this issue is sorted Solgers will be happier
that price can move forward substantially.
Well done NM & all the Team.
Potential for 5 Tier 1 projects? WAW!!!!

[mknight] 05/10/2020 20:23

Cornerstone price 6.00 solgold offer 6.71 .

If solgold goes to 70 cents currently 61 the offer would be worth 770

Thats nearly 30% over the cornerstone Sp .

[gisjob2] 05/10/2020 17:59

With the shift in SOLG share price and the potential over the next 12 months, the offer for Cornerstone is looking far too generous now ! Cornerstone shareholders must be mad to refuse the offer on the table !

[pob69] 05/10/2020 17:16

Here's the video of the significant Canning House conference including Jason Ward and the Minister of Mining from 1/10 Solgold SOLG $SOLG $SOLG.L #porvenir #cascabel #ecuador $CGP (you may need to register....)

[rougepierre] 05/10/2020 17:04

UT 272828 bought at 35.95...

Augurs well for tomorrow...

Meanwhile, SOLG closes up 3.3% while CGP is down 2.6% so far...

[lowtrawler] 05/10/2020 16:44

Thanks mk. Unexpected but very welcome update. I'm not holding my breath for La Hueca but, if it surprises.....Last we heard, they were still procuring the drills for Rio Amarillo and so I don't expect drilling to commence there until November at the earliest. I am holding my breath for that one (just as I was for Porvenir).