Solgold Share Discussion Threads

[wapping67] 11/11/2020 16:31

Lefrene ...nicely put :)

[rougepierre] 11/11/2020 16:30

Hands up anyone who thought, when Porvenir was announced on 1 October or on 1 October when we hit 43p that we would be at 31.6p on 11 November...?

Or 31.4p...

[lefrene] 11/11/2020 16:29

wapping67, thank you for that very informative response. The private investor is up against weaponised drones with a butter knife!

[rougepierre] 11/11/2020 16:07

5p spike and then a steady slip back to the low 30s again...

This is not being well handled...unlike GGP...

Nick has spouted the same news on so many presentations that the market has become immune...

When you listen to his monotone its not surprising he can't put a rocket under the market...

The PFS would give something substantial to build on...but that looks like its going to be 3 months late (which is yet another unforgivable error by Nick...I wrote to Eliza months ago asking her to tell Nick to stop overpromising and underdelivering...fatal...)

But we need Porvenir and drill news from Rio Amarillo IMO...

Or more likely a Bid or at the very least a holdings RNS...even Blackrock would do...

AIMO as usual...

[chavitravi2] 11/11/2020 16:04

This is one step forward and one step back stuff. Up and down like a naughty girls knickers. Meanwhile everything else on the up.

[mknight] 11/11/2020 15:53

Next news will be Porvenir down to 1200m and still finding good mineralisation. Imo should be good fot 5p but probably we will get 2p

[rougepierre] 11/11/2020 15:46

Don't hold your breath...maybe it was my Solgold...Bid...post 27458..

However, you can buy or sell 150,000 at the price and I'm firmly bid for 300,000...

Maybe they're trying to light a fire under the share price ..

If they had the cojones to mark it up to 35p theta would get it going...but then they'd probably sell loads of stock and slam it back down to 31.1 again...

[zoros1] 11/11/2020 15:45

Mam fach.

Safety and efficacy results are due for completion around end of Nov. [Clarification of '90% effectiveness' / top ups / side effects].
I believe the first 'batch' will be distributed to the top vulnerable tier (care workers/care home residents) during qweek one - December.

The ball is already rolling:
Designated sites/clinics will each receive batches of multiples of 1000 vials sealed in dry ice so that these batches can then be stored in 'normal' fridges until they are used.
The tier system is being resolved as we speak (currently looking at 5 year age groups. NHS staff are tier 2.
Lowest tier (18.24) 'may' be vaccinated (not confirmed) by around May 2021. Children will not be vaccinated.
20 million phials ordered now, another 20mil enroute thereafter. In the meantime the remaining vaccine companies will queue up and come on line as and when. The UK government has already bought their position in the world queue.

Pfizer - is currently a unique vaccine. It is a MRNA vaccine which instructs our dna to defend against specific viruses. 'Normal' vaccines are simply weak versions of the real McCoy. The beauty of the Pfizer vaccine is that it can be 'tweaked' instantly to forward face any mutation of the virus, hopefully neutralising it. This makes the MRNA superior to other vaccines. And this is what could be used against the Danish 'minx' problem currently.
Z
Have faith.....

[wapping67] 11/11/2020 15:43

Lefrene, they are used by trading houses mainly as a result of the arrival and implementation of Mifid and the increasing importance of guaranteeing best execution. Effectively they are set up to match or beat the prevailing VWAP (vol weighted ave price) over the period that the order is live in the market. They will break down large orders into smaller parcels ( you’ll often see 1 share only trading ) and they will often cover all venues including dark pools ....they won’t interact with MM RSP machines. They try and operate within the spread as crossing the spread is often detrimental to beating VWAP. Some algo’s are smarter than others and they constantly improving them. Institutional clients will typically pay 2-4bps commission to use these suites which compares to paying 9-10 bps for a high touch broking service.

[mam fach] 11/11/2020 15:39

Hope you are right. Price spiking? up as we speak. News must have leaked!

[mknight] 11/11/2020 15:36

Two weeks ...hopefully 2 days .

[mam fach] 11/11/2020 15:33

Think it’s overoptimistic to think vaccine injections out by Dec. Din’t want to be negative but there’s lot of negativity out there. All of us got cabin or Covid fever. As regards positive news i’m hoping for some from SOLG in next two weeks.GLA

[rougepierre] 11/11/2020 15:27

GOD THIS IS SO TEDIOUS...GET A GRIP NICK!

[zoros1] 11/11/2020 15:24

Yeah, but apart from all that Rouge - not a lot is happening globally !!!!
Z

[mknight] 11/11/2020 15:21

Tomorrow seems as good a time as any .

[rougepierre] 11/11/2020 14:56

I wonder when Solgold will be in receipt of the first Bid...

[rougepierre] 11/11/2020 14:55

My suggestion on LSE was mention the words Solgold and Bid in every post you make...

A million flies can't be wrong...

In the meantime there's some ridiculously cheap gold/silver investments right now...

Even Nick referred to $5 TRILLION of money having been printed, in the latest SOLG presentation...

Fiat money + uncertainty until 20 January over the US election + creeping disappointment that people can't actually be vaccinated before 2021 + not stopping people in the US eschewing masks because "there's a vaccine coming by December" + rampant COVID cases in the US (1 MILLION in the last 10 days) + Trump doing nothing about COVID and Biden's hands tied... + China annexing Taiwan + No Deal Brexit...+ negative real interest rates and inflation rising + Amazon 'antitrust' case causes tech stocks to fall further...etc

And you have a perfect storm for gold and even more silver (just look at the history of the gold/silver ratio)...

AIMO as usual...

[mam fach] 11/11/2020 14:46

Could someone please start a rumour that take over offer is imminent just to get the ball rolling. Heard it from reliable source or people close SOLG confirm offer made... we could die of boredom otherwise unless Covid19 gets us.

[rougepierre] 11/11/2020 14:14

Penrith...its on SOLG's Gant Chart in the November presentation...

PFS by End Q4 2020...DFS By end Q3 2021...

Meanwhile zoros the reason why SOLG is down is probably because copper, gold and silver are down...again...

[zoros1] 11/11/2020 14:13

Penrith - end of 2021 / early 2022......
Z

[wapping67] 11/11/2020 14:05

Lefrene , with all respect do you know what an Algorithmic trading program does ?

[penrith] 11/11/2020 14:03

Would anyone care to hazard a guess as to when a DFS may be competed?

[lefrene] 11/11/2020 13:30

Algo's trying to fill that gap?