Solgold Share Discussion Threads

[rougepierre] 06/10/2020 12:53

I'm bid 36.9 for 200k...onward and upward...

[mknight] 06/10/2020 12:35

Well done trafeforce

100k at 37 gone and now we should go up and take the 181k at 38 out .

[tradeforce] 06/10/2020 12:34

I took a few more at 36.8 to help out😁

[mirabeau] 06/10/2020 12:29

thanks fellas

price getting active again

[pob69] 06/10/2020 12:26

Always worth checking when posting...

ADVFN offers the following Market Makers for Solgold

Evolution Securities Limited
Liberum Capital Limited
Shore Capital Stockbrokers Ltd
Winterflood Securities Ltd

[mknight] 06/10/2020 12:24

100k gone now 100k on at 37.00

[mirabeau] 06/10/2020 12:21

I'm sure Hannam isn't a market maker

[sirmoori] 06/10/2020 12:20

Have a look at post#25389. In it, itsyou draws attention to information available with L2 on levels of broker buying

[mknight] 06/10/2020 12:01

Level 2

Lets see if the first 100k at 36.80 geta taken out . I think it will .

[arcadian] 06/10/2020 11:54

I think I read somewhere today that our three in house brokers were part of the seven market makers dealing in this share. If so they must be key to what happens to the SP

[mknight] 06/10/2020 11:34

Level 2

100k at 36.80
100k at 37.00

181k at 38p

Looks like they are trying to stop the price increasing .

On the buy side not much cover so 36p is possible which could be a nice buying opportunity

[mknight] 06/10/2020 11:30

Yes lowtrawler a safer bet buying solgold imho .

[lowtrawler] 06/10/2020 11:17

If you could be certain of CGP doing the sensible thing and accepting the bid, you could make a quick 12% buying them and taking your 11 SOLG shares next week. Trouble is, they seem intent on self destruction.

[greenelf] 06/10/2020 10:33

Firepower lined up!

[pob69] 06/10/2020 10:28

Love this picture of HP Drilling manufacturing of Solgold rigs! Solgold SOLG $SOLG $SOLG.L #porvenir #cascabel #ecuador $CGP

[lowtrawler] 06/10/2020 10:05

DD, I'll keep an open mind. I have been swayed by opinions that Newcrest themselves are vulnerable to a takeover and don't have the firepower to outgun the other majors. If we weren't before, we are rapidly becoming, the hottest target in mining.

[pecker1] 06/10/2020 10:04

Re Newcrest:

[greenelf] 06/10/2020 10:03

I do hope NC are up for it! The more demand and competition the better it is for us.

[mam fach] 06/10/2020 09:54

Sensible opinions here as always.
NM guided Solg from the beginning.
Says what he means and means what he says.

[dozyduck] 06/10/2020 09:54

LT - Don't discount Newcrest. They have a need (and have said so) to build a bigger presence in copper and in S America. Their miff at being passed over in the FNV streaming deal was as much that, as missing the chance of a streaming deal themselves to complement the one they paid over the odds for with Fruta del Norte.

[lowtrawler] 06/10/2020 09:37

Strange as it may sound, unless there is action from BHP / Newcrest, I can see us stuck at 40p for a few weeks. When we start to move, my next target is 70p likely in Q1. This assumes Porvenir remains positive. If Rio Amarillo kicks off, my next target is 100p. At this point the rule book goes out the window and we will be a sitting duck for a bid.

[greenelf] 06/10/2020 09:33

I agree we are way undervalued, just for Alpala still, never mind everything else as noted here by others.

[cbeadle] 06/10/2020 09:27

Overbought might be technically, but I am not really into chart analysis. Fundamentally we are way undervalued, and with considerable corporate development and action we are continuing upward again soon

[greenelf] 06/10/2020 09:25

Not sure which technical indicator you are looking at? Or is it your tea leaves? :)

[lowtrawler] 06/10/2020 09:24

Mk, Alpala alone should be at 40p. It's difficult to be objective about what value to currently place on Porvenir but we are still at a price level where you buy Alpala and get everything else free.