Solgold Share Discussion Threads

[mknight] 22/10/2020 12:04

Lefrene

No idea , could be anything .

[lefrene] 22/10/2020 11:54

Is that 3.9 million for sale on the book late yesterday a distressed seller?

[mwv1] 22/10/2020 09:39

Thanks pob69, interestingly they have a list of the first 17 holes drilled at Alpala and the grades from each of them on their website. The list also gives the highest intervals recorded down each hole.
Over the first 17 holes the highest copper grade recorded was in drill 16 were there was 60m at 2.01% copper, this happens to compare to the first hole at Porvenir were they say it maxed out at 6% by volume chalcopyrite (34% w/w Cu) - also gives about 2% copper. Not saying the first hole at Porvenir will have anything like 60m at 2% copper but it not a bad start to find anything at that level in the first hole.

PS. the gold content for those 60m in hole 16 was 3.4g/t giving a %Cu eq of over 5%

[lowtrawler] 22/10/2020 09:32

As far as I'm aware, CGP have never mentioned in their defence documents nor on their website about the likely $400m funding they need to provide post BFS. They have made loose statements about not being restricted about how they fund Cascabel (untrue).

[plentymorefish] 22/10/2020 09:13

'exploitation'......is that a freudian slip?!......

[lefrene] 22/10/2020 09:12

Thank you pob69, one notices how they make much of Cascabel being 100% funded to BFS, but somehow forget to mention that CGP will have to fund 15% of the exploitation cost!

[pob69] 22/10/2020 09:00

Positive to see that Cornerstone have refreshed its website, not before time! SOLG $SOLG $SOLG.L #porvenir #cascabel #ecuador $CGP

Website strapline "MAXIMIZING VALUE BY MINIMIZING RISK"

[mknight] 22/10/2020 07:54

Lever 2 updat

Approx 7.53 and no 3900000 trade as yet on the book .

7.57 still nothing .

Off and running and not on the book in the auctuon .

[mam fach] 22/10/2020 06:46

Agree.Just disappointed share price nowhere near true value.
High calibre additions to board yesterday.
Plan definitely coming together.
Stay Safe Solgers.

[lowtrawler] 22/10/2020 00:04

MF, I posted on Monday to expect price drift through to the end of next week. None of our blockbuster news is likely to be released this month and so the gap is being used as a tree shake until then. If you believe in the news, nothing to worry about.

[mam fach] 21/10/2020 23:49

If fire breaker ( also know as lock down) doesn’t drive us mad SOLG might. Hoping tomorrow will see price go up. Nos Da.
Good Night

[lowtrawler] 21/10/2020 23:23

The problems in Chile can only be good for Ecuador. The majors will be looking to diversify in order to reduce country risks and Ecuador is the obvious choice. We've always said that there will be a queue of majors a mile long wanting to buy SOLG and current political events make that more likely.

[noccer] 21/10/2020 23:11

Maybe its just CGP selling a few to finance activities, lawyers, etc. They have quite a few, and maybe they have gone off the EGM idea.

[alwaysevolving] 21/10/2020 19:46

Thanks MKN. Sounds like someone trying hard to keep the price down for reasons unbeknown, although not hard to hazard a guess as to why under the circumstances!

[cbeadle] 21/10/2020 19:46

SOLG is the value play amongst miners , signs of support levels in the daily chart. The current share price is maddening because it should be so much more with respect to the proven assets

[mirabeau] 21/10/2020 17:58

mkn

Your updates are v m appreciated fella

thanks

[rougepierre] 21/10/2020 17:10

great! thanks mk.

[mknight] 21/10/2020 16:37

UT 36.60

Will the 3.9m still be around tomorrow ?

Level 2 update .

The 3.9m i can confirm was on the book at auction
But got pulled at the death at approx 4.3458 seconds up to that point no one attempted to take it out .

If like today it is on the book tomorrow at 07.50 i will advise if anyone tries to take it out or if they do and then it is pulled .

[rougepierre] 21/10/2020 16:02

If anyone is interested in a leveraged gold/silver play while we wait for the cows to come home here, you might like to review my analysis on the GPM Board...

AIMHO as usual...

[the count of monte_cristo] 21/10/2020 15:19

Listen to the Xtract boss talk about his views on copper, I concur. Very, very interesting for your current and future investments, if they are anything to do with copper.

[mknight] 21/10/2020 13:40

LF

yes copper 3.14 now not far from our PEA numbers .

[lefrene] 21/10/2020 13:37

Copper and gold having another positive day.

[ifthecapfits] 21/10/2020 13:33

I too bought some CEY this AM.