Solgold Share Discussion Threads

[mknight] 08/10/2020 19:57

Markth126

Plans can and will change with every drilling report . 75p might be great today but maybe by this time next week you might not want 75p but 150 or more .
So although its fun to play i think i will wait and see what happens .

If you had asked me before Porvenir i would have said 50p would have been great .

In the next few trading days we will get to know if at 750m Porvenir is still dripping with copper . If it is then you might just get your 75p next week .

[markth126] 08/10/2020 19:07

All joking aside what are the Lth sell targets here? It's all getting rather interesting isn't it! Mine is 75p for half of mine, then leave rest till but out

[gisjob2] 08/10/2020 19:07

Cornerstone shareholders are Barmy not to except the SOLG offer. If they play the situation right they can win twice.

[rougepierre] 08/10/2020 19:05

CGP is $6.05, down 0.05 (1%)

SOLG up 5% at $0.67...

How stupid do Irwin et al look now...

[arcadian] 08/10/2020 18:54

Depends on what happens tomorrow.. Friday is not the best time to make announcements but NIck is hell bent on his news flow. to support his mission. CGP is an irritation at best. and he has bigger fish to fry.

[lowtrawler] 08/10/2020 18:51

Still doesn't mean CGP will do the sensible thing.

[zcaprd7] 08/10/2020 17:43

How much are cornerstone shares trading at?11 X 40p, is £4.40 - Cornerstone is trading at about £3.50 a share...

[arcadian] 08/10/2020 17:37

OK

The rise began c. 3pm after a dull day so I think that we can expect an RNS in the morning although there are so many possibilities and ongoing issues as highlighted in the last couple of weeks that it`s difficult to forecast the likely subject..?

[husbod] 08/10/2020 17:35

Nice 425k purchase near the end at 40p. A fair amount of dosh involved in that.

[lowtrawler] 08/10/2020 17:17

Spanish inquisition?

[arcadian] 08/10/2020 17:05

The rise began c. 3pm so are we to expect an RNS in the morning?

[jlondon] 08/10/2020 16:44

BHP - Standstill ends on Thur, 15 Oct 2020
That is only 1 more week to go with 6 trading days.

WHAT DOES THE SUITOR DO NOW?
The share price ended at 39.90p to sell and 40p to buy [Advertised rates].
Its getting closer to the suitor*s buy in price of 45p.
Even a carrot at 55p - per Liberum*s thoughts = 2 5 % premium [ALPALA situ] - A 25% premium may not be sufficient to secure a take-out first time as most boards would say it undervalues its business/assets.

INVESTORS
Provenir has caught the imagination of investors and therefore there is now a 2nd string to Alpala and maybe Rio.

DIFFICULT MOMENT FOR SUITOR
Provenir threw a spanner into the works and tomorrow, Provenir should or could have reached TARGET DEPTH OF 750 METRES = maybe more news.

J.London, Thur, 8 Oct 2020.

[greenelf] 08/10/2020 16:43

Nice finish !!!

[mknight] 08/10/2020 16:36

UT 40P

lol😃👍;

Now double up on bryson Dechambeu

[bogotatrader] 08/10/2020 16:28

MK - looks like you could be spot on with your UT prediction of 40

[mirabeau] 08/10/2020 15:57

Another SOLG presentation - deluge - 15:55



Oktoberfest: Fall Mining Showcase 2020
Our annual conference goes virtual in 2020
October 21st - 23rd, 2020

[mknight] 08/10/2020 15:50

Would make Ecuador the mining capital of the world .

[the count of monte_cristo] 08/10/2020 15:47

10 tier ones, lol:) Alpala has a 50 year mine life, massive.

[lefrene] 08/10/2020 15:43

LT, if Solg is sat on perhaps (or at least), 10 tier one's, as big as or bigger than Alpala, then the possible extractable value will be in excess of $550 billion, 2.5% of which is a tad under $18 billion, and that's leaving aside 70 odd other possibilities. There's enough in Solg's portfolio to keep the likes of BHP going for more than 200 years. This would be a steal at £5 (£10 billion) for any large mining conclomorate.

[mknight] 08/10/2020 15:38

After 40p we have clear skys .

[mknight] 08/10/2020 15:38

If i was a betting man UT 40p

Bryson Chambeau for the másters 10/1

[bogotatrader] 08/10/2020 15:30

Edging up nicely now...

[mknight] 08/10/2020 15:10

Lowtrawler

Agreed and it may not be 3 months .

Currently 186k at 39

Approx 2.1m more buys than sells .

Might get to 40p today .

[lowtrawler] 08/10/2020 14:57

We are still crazy cheap. I can just about get my head around 45p but really I think we should be trading close to 60p. In 3 months time, we will be looking back at the current price and asking why we didn't buy more.

[mknight] 08/10/2020 14:53

Lowtrawler

That was my first thought today but after 2m buys went through and the Sp didnot move i thought hmm