Solgold Share Discussion Threads

[lowtrawler] 13/10/2020 16:46

Just a thought, maybe La Hueca is the rabbit in the hat? Announce 2 drill holes complete with assay results.

[pob69] 13/10/2020 16:46

I will add new directors into the mix as well, as stated by Nick Mather "in the next month" in his presentation 29/9....

[huncher] 13/10/2020 16:45

Classic US Tuesday hit (manipulation) on gold and musical chairs as to where liquidity
goes,today OMI the main beneficiary.

[lowtrawler] 13/10/2020 16:44

Kitchen sink time tomorrow? PFS, provisional funding, La Hueca?

[lowtrawler] 13/10/2020 16:36

LF, Porvenir and Rio are our 2 top targets. La Hueca and Blanca are on our list of priorities but not in the same calibre.What has happened to la Hueca? It began drilling weeks before Porvenir.

[mknight] 13/10/2020 16:14

Its also allowed profit takes todo so and move on or buy back so a bit more good news now should help us push on quickly .

40p close maybe ?

No UT 39

[lefrene] 13/10/2020 16:10

So did it go up yesterday because some got wind of this news?

If there are another dozen prospects of this calibre to come, (let alone the other 62), then Solg must be the biggest ripest plum ever there was, waiting to be plucked by the big and greedy.

[mwv1] 13/10/2020 16:09

I'm surprised by the muted reaction today - but the wider market isn't helping at the moment.
They have basically said that this hole has proved that
1) the porphyry they predicted is there
2) It is mineralised
3) It has significantly higher grades then Alpala
4) It is at surface
5) And now because the mineralisation runs so much deeper and wider than originally expected they can say it is huge - over 1000m deep and up to 1000m wide.

Now just have to prove the grades in the core - drill 2 (started)
Show the width of the core - drill 3 (starts end of the month)
Show the length of the porphyry - drill rigs 3 and 4 mobilised in November

Next 2 months are going to be very interesting

[mam fach] 13/10/2020 16:08

Now that is the Million dollar question.
Not sure I can cope with any more outstanding RNS's.
Sleep well Solgers & Dream ON.

[mknight] 13/10/2020 15:54

So the question is whats NM got planed for the rest of the week ?

[oli12] 13/10/2020 15:35

Well done to all those who sold yesterday and who undoubtedly re purchased this morning.

After years of waiting, I am happy to wait patiently for a few more months, riding the inevitable bumps along the way.

[mam fach] 13/10/2020 15:21

Expected RNS announced today. It’s all in NM’s plan. Share of a lifetime. GLA

[lowtrawler] 13/10/2020 15:17

Timing looks like we could have tier for Rio Amarillo provisionally confirmed for Xmas. Best present ever?

[lowtrawler] 13/10/2020 15:14

Mam Fach, impossible to predict short term prices with SOLG. The big picture is still on track. Dare to dream.

[lowtrawler] 13/10/2020 15:06

My dreams have not been disturbed yet!

[lowtrawler] 13/10/2020 15:03

We will likely get a first view on Rio Amarillo prospects around the same time as assay results from the Porvenir core next month.

[mknight] 13/10/2020 15:03

Exciting stuff tomorrow we have one of our techs speaking so more to come on Porvenir

[lowtrawler] 13/10/2020 15:00

Just as important, we need an early view on whether Porvenir will be suitable as an open pit. That would massively alter the economics and timeline.

[lowtrawler] 13/10/2020 14:56

Results from the second hole through the core when taken together with the first hole will allow the more skilled geologists to make inferences about likely mineral content. Assuming no later unexpected results, the inferences are likely to be usable as a preliminary assessment on tier. Will we have our second tier 1 provisionally confirmed next month?

[the count of monte_cristo] 13/10/2020 14:48

Resistance at 40p

[lowtrawler] 13/10/2020 14:46

Important to remember that this announcement was only about confirming the scale of find. Job done. The other fluffy wording is just that.In a couple of weeks, we'll get some assay results and we can see how dripping with copper it is outside the core. The second hole through the core will take about 3 weeks to complete and so assay results mid to late next month.

[greenelf] 13/10/2020 14:39

They have a very good idea of what assays will be. Hand held XRF guns on site.https://www.azomining.com/amp/article.aspx?ArticleID=1454This is big folks. Simplest

[mam fach] 13/10/2020 14:37

On a more serious note what price at close?

[mam fach] 13/10/2020 14:36

Oops moment this morning.Now we know it was a tree shake.
Now it's a whoooosh.
Well done all who are still holding.

[pecker1] 13/10/2020 14:32

What a stonker!

NM key quote: "The cost and time savings and efficiencies Solgold will enjoy as we replicate discoveries are immense."

IMHO, a hugely important benefit for shareholders as this will bring down the costs of discovery, speed up development and greatly reduce future dilution from fundraising. In short, more value added sooner.