Solgold Share Discussion Threads

[hazl] 15/4/2024 15:19

Oh good FJ is getting cross....just when he thought it was going down SOLG shakes his head and says....you must be joking!

[hazl] 15/4/2024 15:16

Share dealing is about the future.
Anticipating more demand for these materials.
Less supply but more demand pushes prices up.
It is simple economics.


Unfortunately war situations make such a mess that a lot of materials are needed as infrastructure is built back.


Timing is the main thing but the tug of bull and bear shows just that .
There are those that see this as a buy, it has already flipped up as you can see on the chart, and there are those stale bulls who get out at the islightest hint of a rise.

Let's see how it plays out. imo

[original fastjet] 15/4/2024 15:13

Stfu hazl.
Your boring now,well you have always been boring tbh.
Always take profit.

[hazl] 15/4/2024 15:10

As he keeps repeating himself so will I.

[hazl] 15/4/2024 15:09

Why invest in Solgold.


I'An Opportunity in Ecuador

The most under-explored and prospective section of the Andean Copper Belt, the world’s biggest and richest area for copper production. SolGold has first mover advantage and is the largest concession holder throughout Ecuador.
Medals 50x50
A Tier 1 Project

Long-life and expandable project with 28-year initial mine life
LOM Average AISC of $0.69/lb Cu
Post Tax US$3.2bn NPV and 24% IRR (at US$3.85 /lb Cu)
Clear roadmap to becoming one of the world’s first net zero copper mines to be built
Potential for Further Discovery

One of the largest exploration property owners in Ecuador
A proven exploration team
Several discoveries already under the belt
Foothold on vast, unexplored regions of the Andean copper belt'


From Solgold's website.

[hazl] 15/4/2024 15:08

Ha ha fight between the bulls and the bears.
Always find that fun!
Shows that a stock is ready to go in a new direction sometimes.


Excellent.

[lowtrawler] 15/4/2024 14:52

francois, there is no direct relationship between metal spot prices and the SOLG share price

The underlying value of SOLG will depend on metal prices many years into the future. If spot prices move significantly, it doesn't necessarily follow this will change metal prices at the point SOLG move into production.

Anyone looking to bid for SOLG will have had to assume much higher metal prices than were contained in the PFS. The higher spot prices may help validate their higher prices or even allow them to consider adjusting their price forecasts upward. Hence, you will see some impact as metal prices move but it is far less direct than a producer.

Long-term investing in SOLG is a bet on them receiving a bid at multiples of the current price. Improved spot prices could help encourage a bid or validate assumptions within a bid proposal. Hence, they are worth considering. However, they are only one small part of the planning that will go into deciding whether a bid will be made. Spot price movements will have very little impact on short-term SOLG price movements.

[hazl] 15/4/2024 14:50

Still good to see the fight back!.

[hazl] 15/4/2024 14:40

Good to see it over 10 but it feels so under priced to me, still.

[hazl] 15/4/2024 14:39

Err I said just that ...people can buy or sell when they like.

Chuckle.

[francoismyname] 15/4/2024 14:38

Can we go into over drive now please

[hazl] 15/4/2024 14:37

Well ought to have gone to specsavers francois!

[francoismyname] 15/4/2024 14:20

Copper up 2% and rising.

Gold and silver well up.

We are still down .

Markets a fiasco

[original fastjet] 15/4/2024 13:21

Hazl stop arguing with everyone.
You are not right everytime you think you are.
Knight took profit rightly so

[mknight] 15/4/2024 12:30

2.5m went through at 10p.which maybe directors purchases .

[hazl] 15/4/2024 11:43

Why invest in Solgold.


I'An Opportunity in Ecuador

The most under-explored and prospective section of the Andean Copper Belt, the world’s biggest and richest area for copper production. SolGold has first mover advantage and is the largest concession holder throughout Ecuador.
Medals 50x50
A Tier 1 Project

Long-life and expandable project with 28-year initial mine life
LOM Average AISC of $0.69/lb Cu
Post Tax US$3.2bn NPV and 24% IRR (at US$3.85 /lb Cu)
Clear roadmap to becoming one of the world’s first net zero copper mines to be built
Potential for Further Discovery

One of the largest exploration property owners in Ecuador
A proven exploration team
Several discoveries already under the belt
Foothold on vast, unexplored regions of the Andean copper belt'

'

continued

From their website.

[hazl] 15/4/2024 11:38

Yes many times.

[mknight] 15/4/2024 11:36

I am not talking it down . Just giving the reason why .i want it to go up as i still have a not small holding .

[hazl] 15/4/2024 11:33

Mknight.
I have absolutely no problem with anyone selling at a profit or a loss.
It is the talking down afterwards that I object to.


Just interesting to see who does it.
I didn't put you in that category.

[mknight] 15/4/2024 11:26

Scott and co buying a few million would also be positive .

[mknight] 15/4/2024 11:25

HAZL

I have explained why i sold some of my holding . Its easy to understand unless you dont want to .

You could/should ask yourself what news is going to come in the next few weeks to push the shareprice higher .

I will give you some positives . GOLD. SILVER and Copper continue to rise thus makining the PFS cheaper .

[hazl] 15/4/2024 11:19

It was a buy not a sell so I am afraid you will just have to get over it.

[hazl] 15/4/2024 11:18

Oh mknight....how we change our stance.
The share is ...,as I expected off it's lows already today.
Let's hope momentum continues.

[original fastjet] 15/4/2024 11:17

Placing on the horizon here guys.
Best reduce accordingly as per Knights confession earlier.

[mknight] 15/4/2024 11:16

Doesnt say much for our Cfo then .