Solgold Share Discussion Threads

[lefrene] 19/11/2020 16:57

That's a fair point Huncher, but the Pound has a long history to get where it is, and is backed by the BoE. Bitcoin seems not to be backed by anyone except the person who created it, and he's not telling us who he is. In an era when money is being 'created' at such a rate that printing machines and supplies of paper couldn't keep up with it, one wonders at what point trust will collapse? Hence some of us have become gold bugs! :¬)

[huncher] 19/11/2020 16:51

But so does the pound in your pocket.

[lefrene] 19/11/2020 16:34

zoros1, I know that the 'coins' are 'mined' by machines having to complete highly complex calculations, and that the calculations become increasingly harder to complete, thus limiting the supply of this non existent thing. This occupies many computers consuming huge amounts of power, although I've yet to hear any 'greenies' complaining about this waste of resources. So nothing real is being mined, nothing real is being stored, although this non existent 'thing' is being accepted by some as currency. My understanding is that the thing only exists in the minds of believers.

[rougepierre] 19/11/2020 16:34

UT at 37.45...

[zoros1] 19/11/2020 15:41

Lefrene...don't go there........you don't understand it now.......then you have absolutely no chance of understanding it after!
Z

[mknight] 19/11/2020 15:33

Dont think they will stull be there at close rougepierre.

[lefrene] 19/11/2020 15:33

I don't know about anyone else, but I find Bitcoin doesn't give me the sense of reality that gold does. No one seems to know who created Bitcoin (Bill Gates?), but presumably the creator could add more 'coins' to his own account at will, or even just switch the whole thing off?

[greenelf] 19/11/2020 15:32

NM is signalling that Solg under imminent threat, imo. Maybe he has already rebuffed recent friendly approach and now expects incoming hostile bid? Why else tweet this now??

[rougepierre] 19/11/2020 15:31

38.01 to buy 200,000

[mknight] 19/11/2020 15:29

Level2 update .

We had 2 x 106k on the seller side . One just been taken and the other will be as well .. we have a buyer imho .

106838 x 38p

[rougepierre] 19/11/2020 15:15

Nick is just stoking the share price pob...but he's playing a dangerous game feeding the growing takeover speculation noise if he's still serious about taking Alpala to production...

Meanwhile Ben's video makes clear Rio is another Alpala...that's THREE tier 1s and counting...

Throw on more fuel Nick...

[rougepierre] 19/11/2020 15:13

Completed a redisposal of my portfolio pending the big one from SOLG...

Currently 50% copper (SOLG/ATYM)

30% Gold/silver

20% Mainstream H/Y FTSE100

[rougepierre] 19/11/2020 15:08

Wow! Just Wow!

[arcadian] 19/11/2020 13:56

Count

If your imagination takes you there so be it. Mine is cheerful but more grounded..

[noccer] 19/11/2020 13:23

Browsed through the solg 2020 Annual Report this am. I was a bit surprised when I looked at the table on P38, which says their concentrate had 32% silver! They clearly need a proof reader as their table is one out between the element names and the concentrations. Hope they don't file the wrong numbers on SEDAR.



Its an interesting report because it reminds you that they still have things going on in Australia (6 sites) and the Solomon Islands (the drill program at Kuma was scheduled for mid-2020 but covid has postponed it). I thought that was all dead and buried. It dates to mid-September so no hot news there, but I thought SOLG had more than enough prospects in Ecuador, let alone try to keep these other ones going.

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

Oh no...it's started.

[the count of monte_cristo] 19/11/2020 13:12

Heaven helps us then, Arcadian. Your message sounds like a nightmarish future world.

[zoros1] 19/11/2020 13:12

Incoming for the remainder of the year:

PFS (Alpala).
CFP.
Porvenir:
[Assays for >580m. PDH-20-001]
Updates for PDH-20-002)
Blance/La Hueca.
Rio Amarillo (Dec) update.
AGM - 17th Dec.

Z

[arcadian] 19/11/2020 12:35

Nearest thing to an earthly black hole I suppose but anything is possible and until the BOD issue news or make statements about drill results, strategy etc we are victims of our own imaginations.

[the count of monte_cristo] 19/11/2020 12:20

Porvenir to be JV'd with the Chinese?

[zoros1] 19/11/2020 11:46

Plus the news is. two weeks old!
They must be looking for news fillers.
Z

[zoros1] 19/11/2020 11:27

Mirabeau - tim getting a little bit ahead of himself eh:

20th November 2020 - Tim Treadgold

Z

[arcadian] 19/11/2020 11:22

Demonstrating the use of hyperbole perhaps.

Let`s wait for the facts. If they are good I will be thrilled and rewarded like everyone else.