Solgold Share Discussion Threads

[mknight] 04/11/2020 17:28

Alpala hole5 discovery hole 845 m at 0.39

Porvenir blasts that out of the water .

Price goes down Lol

Something is just not right JL

I am an avid watcher of level2 and have to say its been sold down everyday .

Probably never went much below 30.5 as we had a buyer 91k at 30.5..30.4..30.3..30.2..30.1..30..

So he wanted around 600k if the price was right . He was also taking stock yesterday . 91k at 31.5..31.0 30.5 etc

It smells but now the asseys for the first chunk are out i feel more than happy to hold my inflated lot .

[jlondon] 04/11/2020 17:05

MK

Colonel Drake on the lse, solgold said do people think we were born yesterday? That last big sell that was sold at a 1.5p DISCOUNT on some 600k+ shares - is that what they term puffing?

I also saw a trade go through - I dont generally take a 100% take in this but I did note it. Well, 3-00 says, I need shares and take it down 30%. Isnt it strange that just before all this malarky, this has actually happened and it was taken down 28% but a bit more at its height today?

That*s my observation and taken together with what Colonel Drake said, I am only askin. Anyone with a brain does ask, no harm?

Gold is $1902.30 still despite the election biz.

LoL, it ended 0.47% which is OK and not over 2% + on a good enough RNS after I commented.

That is how shares get taken over cheaply. Naysters said gap - how can it gap to BEFORE PROVENIR or rather assay results and 1st Porvenir RNS of 13 Oct 2020? On the London Stock Exchange they used to have a GRAPH called "NEWS ANALYSIS." It shows arrows - red or green. Hover on the arrow, it shows the date and the RNS = shares do not go up or down dramatically for NO reason - that is the rule of efficient mkt theory by which stocks all play by.

Next, naysayers talked of them tribal people/activists - from Solaris*s presentation I have just shown, they were able to turn the situation around and the former deputy Minister of Mines for Ecuador said that "CONSULTATION" is the way to go and I believe they are going to back it up. No PROBLEMS NOW.

Next, naysayers said this and that but Solaris discovery hole was similar to Porvenir*s hole 1 assay results today, 4 Nov 2020.

Mirador is a operating mine and Porvenir is within that variance of grades and surface also.

So, all answered.

Wonder if this goes on, a bidder will not step in as they did with Mariana? That*s text book by the way, that when shareholders keep the price low, then it is a signal that value will be taken out by a management buy-out like Kaz or Marianna? Just sayin and pondering?

[mknight] 04/11/2020 16:58

Good post JL

Maybe someone doesnt want this to go up .?

[mknight] 04/11/2020 16:58

Pmount . I remember you coming here at 16p telling me and everyone to sell now we have doubked and i am still invested . Whats your point ?

[pmount] 04/11/2020 16:18

mknight are you bust yet.or did you take my advise and sell upand live to fight another day.

[jlondon] 04/11/2020 16:08

LoL

Yes, it jumped after the Solgold Hole 1 RNS for Porvenir giving the length ie 900m+.
It started at around the 27p range from recall once the RNS hit that day and rose to 43.8p *ish.

So, Hole 1 Porvenir RNS assay results released today, 4 Nov 2020 for 580m @0.69% cu eq has now gone down to 31.25p to sell and 31.45p to buy. Given that this assay result is comparitive to Alpala or Solaris first discovery hole, isnt it unusual that on a good enough RNS, the price falls and in some quarters they want it as cheap as BEFORE the 1st Porvenir RNS [1st] on 13 Oct 2020 ?

Wow, nearly 28% down from the 1st RNS. I ask how can a good enough RNS today giving the assay results from the 1st Hole [top part] at Porvenir - some want it as cheap as on 13 Oct 2020 [1st RNS on Porvenir] AS IF Porvenir never happened? This hole compares with Solaris 1st discovery hole also at 500m+. Shares re-rate on good results NOT DE-RATE BACK TO SQUARE 1 with further assay results? That I find rather strange but can be only explained by heavy trading?? Or else what is the reason - EFFICIENT MARKETS AND ALL THAT? Or are there shorts out or SYNTHETIC STOCK? I dont have L2 so cant tell.?

As a quick look I see that Solaris is still C$4.7 and rose a bit today and did not fall back? Article I quoted said it rose 70% in 2 days to C$2.99, then almost doubled to $4.7 now with Hannan saying it has 122% upside tweeted by Solaris today?

Dat*s what I am on about.

Lse solgold also discussing this topic in a different slant?
==
LoL -After commenting, the last few mins to closing the Solgold share price, advertised was 31.3p to sell and 31.55p to buy DOWN 0.47% ONLY - that is BETTER rather than some ridiculous more than 2% down or more? 0.47% is a more reasonable variance given the said RNS today - Porvenir top part assay for Hole 1 [Wed, 4 Nov 2020].

[chavitravi2] 04/11/2020 16:06

I think because the FTSE has been galloping away these last few days folk have temporarily pulled out to make a few quick quid on other things.
I could be quite wrong of course.

[fsawatcher] 04/11/2020 15:38

solaris

£250m market cap

was £100m market cap

dat why it jump 200% after 1000 m of nice lookin stuff

solg jump £250m after porvener rns dint it

so wot yous on abouts?

[jlondon] 04/11/2020 14:32

Solaris Resources Nov 2020 Presentation - link given in above post.

"Pg 12 - Map marks out: M I R A D O R 0.7BT @ 0. 6 5 % CU EQUIVALENT."

"Shows Fruta Del Norte near Mirador."

My Comment:

Mirador is owned by the Chinese. The resource is 700MT or 0.7BT at AVERAGE GRADE OF 0.65% CU EQUIVALENT - so that is what porphyries in Southern Ecuador are showing, of which Porvenir is better in grade to even Mirador, an operating mine.

Fruta Del Norte is owned by Lundin. ALL SOUTHERN ECUADOR.

ALPALA IN NORTHERN ECUADOR #MRE 3 IS BIGGER THAN MIRADOR AT 2.6BN TONNES+ @0.53% cu equiv from recall. There is also a high grade zone of 1.4%cu eq.


<><><>PROVEN BEYOND THE SHADOW OF DOUBT THAT PORVENIR*s [Alpala] 1ST HOLE RESULTS [Top part out today, 4.11.20] GRADES AND LENGTH COMPARES WITH SOLARIES RESOURCES [Hannan note just out + Beacon]. Porvenir also compares in GRADE with MIRADOR OPERATING MINE, Southern Ecuador and NO 1 in the World - PEBBLE MINE, Alaska. All links given today of these porphyries like Provenir.<><;><>

N.MATHER SAID PORVENIR IS BIGGER THAN ALPALA - RedCloud recent presentation [please check]

[jlondon] 04/11/2020 14:27

Part 2, Solaris Resources, Nov 2020 Presentation - link given above post.

"PG 7:Solaris- part of the Augusta Group-unrivalled record of VALUE CREATION:

PAST RETURNS.

Ventana Gold Group SOLD FOR $1.6B in 2011. 12,600% return.

Augusta Resources Corp SOLD FOR $667M in 2014. 3,300% return

Arizona Mining SOLD FOR $2.1B in 2018. 6,100% return.

Equinox Gold. Co-Founded in 2017 $4B MKT CAP. 1,700% return."

"PG 8-Part of the Augusta Group-PROVEN RESULTS - SEE ALL THE SHARE CHARTS OF THE ABOVE CO*S - ALL RISING OR ROSE."

[jlondon] 04/11/2020 14:17

Solaris Warintza project, Ecuador.
Presentation Nov 2020
hxxps://www.solarisresources.com/_resources/presentations/corporate-presentation.pdf

"WARINTZA project, World Class Project, South East Ecuador. 40km north of Mirador. Excellent INFRASTRUCTURE , highway access ROAD into site [Oct], abundant HYDRO power, FRESH WATER."

Pg 15- "Extensive system of OUTCROPPING." East, West and Central Warintza - 5km."

Pg 10-"RESPONSIBLE MINING-OUR STORY, OUR MODEL
World class discovery by David Lovell in 2000, sat largely dormant since 2001 due to a breakdown of social acceptance from local communities."

"Extensive DIALOGUE led to understand root causes of conflict, RESOLUTION of underlying issues mid-2019, INSTITUTED AN INFORMED, INNOVATIVE CSR PROGRAM."

"Govt sponsered PRIOR CONSULTATION with community stakeholders and signed IMPACTS & B E N E F I T S AGREEMENT IN 2020."

"Prior consultantion, formalized relationship based on truth and transparency, FULL PERMITTING, no administrative silence."


"The Warinzta Model:

EXTENSIVE EMPLOYMENT from LOCAL & surrounding communities, BOOSTED SKILLS TRAINING & CAPACITY building program to foster greater INCLUSION.

EDUCATIONAL SITS VISITS TO PROJECTS IN ECUADOR, Peru and Canada to see INDUSTRY BEST PRACTICES FIRSTHAND & B E N C H M A R K our practices."

Lukas Lundin is a one of the strategic partners in Solaris amongst others.

My Comment:
So, there goes what has happened - success at Warinzta, South East Ecuador.
Porvenir is also in Southern Ecuador. From what I have seen, it appears that Frueta del Norte, Southern Ecuador is also near Mirador but people have to zero on further on this. Same things that Solgold is doing for ENGAGEMENT.
NO PROBLEM WITH LOCALS NOW PER ABOVE PRESENTATION.

[mknight] 04/11/2020 13:51

Thanks JL

Keep it going there still seems to be a full market out there that has not clicked yet .

[mirabeau] 04/11/2020 13:41

JL - top stuff

[the count of monte_cristo] 04/11/2020 13:30

Low volume today?

[tradeforce] 04/11/2020 13:20

Just reinvested some here some I sold in my dealing account a few days ago on a spread of £950pp to add to my ISA holdings. It was my bet I think that just pushed the price up, had to do it in four separate bites.

[the count of monte_cristo] 04/11/2020 13:19

Excellent drill results, the fact that jlondon has to even post about what a copper porphyry is and the type of grades you get shows the lack of investor knowledge. Very interested to see whether the outstanding grades increase with depth on the first hole. It is very large and and exciting, what I was hoping for with the assay results for the first hole.

[jlondon] 04/11/2020 13:17

Daniel Earle tweet:

1]"Beacon Securities initates coverage on Speculative BUY on Solaris copper. Recent drilling yielded a 1,010metre intercept GRADING 0.71% CU Equivalent. More coming."

2]"Our investment strategy focuses on higher grade exploration we believe can become FUTURE COPPER MINES A N D / OR T A K E O U T CANDIDATES."

3]"HANNAN & Partners initiates coverage of Solaris with C$10.20 target price. REVEALING ECUADOR*S RICHES AT WARINZA."

[Daniel Earle is CEO of Solaris Resources wherein the Aurania Resources RNS just out mentioned his co together with Solgold*s Porvenir discovery as the ONLY 2 with SURFACE DEPOSIT.]



13 mins ago, Wed 14 Nov 2020. OR

My Comment:
As said, LONG INTERSECTIONS of 1,000-1,500m ARE WORLD CLASS. 2] Solaris in Ecuador-their grade as above is 0 . 7 1 % cu Equivalent. Solgold*s Porvenir RNS for Hole 1 [1st part] is 580m at 0.69% CU Equivalent whilst the rest to 900m is due later.

3]As said porphyries are <1%Cu. 4] Hannan & Beacon Securities are already INITIATING COVERAGE & the latter a target price as above.

E C U A D O R IN THE NEWS ie Aurania & Solaris.

[mam fach] 04/11/2020 12:51

That's Yanks for you.You have to wonder if President actually runs the country.
Remember Reagan nothing more than a figurehead-IMHO.
BUT NM runs the show here. NM gets my vote.

[jlondon] 04/11/2020 12:50

Snap pob
I just saw the Daniel Earle, CEO of Solaris Resources tweet and he screen shots the Solgold RNS for Hole 2, Porvenir.


As said and NOW happening, the industry is commenting - LoL Porvenir is mentioned in another co*s RNS drilling in Ecuador. Then, a CEO of a co ie Daniel Earle tweets about Solgold*s Porvenir Hole 1 assay results [maiden].

Gaining industry attention.

Folks on LONDON SOUTH EAST - why is no one telling them Solgold holders there? They are talking about Hole 2 assays - they did not notice that copper is 0.49% cu copper and 0.27g/t G O L D [detailed results]. Some think there is no gold - the RNS gives the reading of the gold!!

[jlondon] 04/11/2020 12:24

Aurania RNS just out:
"Aurania reports on drilling at Tsenken N2 in E C U A D O R ."
-Wed, 4 Nov 2020

"Aurania*s portfolio of porphyry type targets generally DO N O T C O M E TO
S U R F A C E with the exception of Awacha target cluster. THIS IS UNLIKE THE RECENT P O R V E N I R D I S C O V E R Y by Solgold...Solaris Resources ...both of which ARE E X P O S E D at S U R F A C E."



My Comment:
So, its now well known that Solgold*s Porvenir, Southern Ecuador is a DISCOVERY as above and that it is "exposed at surface."

[mam fach] 04/11/2020 11:45

You are not alone. Rest of us enthralled by US election results.
What a debacle.
Unfortunately no amount of truth will move Solg at the moment.
Stay safe. Stay strong Solgers.