Solgold Share Discussion Threads

[hazl] 01/5/2024 14:07

Yes the space seems to be hotting up despite wider trevails.

[the count of monte_cristo] 01/5/2024 13:36

So, we now have two large transactions of resource companies in Ecuador this year. This tells us a couple of things, firstly that companies are more than willing to come in with large sums to acquire the projects or companies outright. Secondly, it shows us potential valuations of our projects.

The BHP and Anglo deal is all about COPPER. For sure companies are looking at SOLG, the size of the prize is significant. Multidecade copper producing mine.

[chesty1] 01/5/2024 13:30

A little wee gold stock on the move today WSBN with news due & volume!

I have been in SOLG for years during the 400% intra day rise & never sold...ouch!

[rougepierre] 01/5/2024 13:19

"What's I've posted today about Solgold is 100% factually true."

"Prospects of raising any further money - poor" WRONG SEE ABOVE

"Prospects of selling the company - poor" WRONG JIANGXI 6% stake; The Ecuador Government stated "Mistsui want to buy Cascabel."

Management - poor WRONG LOOK AT THEIR CVs

Current price of copper or gold doesn't matter. WHAAAAATTTT!?

Tier 2 ore body. WRONG SEE BELOW

All in all = Solgold way overvalued." SO DON"T BUY ANY...LOSER!

Hahahaha...hilariously deluded...

From the PFS documentation:

"On this basis, reference to the Cascabel Project as “World Class” (or “Tier 1”) is considered to be appropriate."

[the count of monte_cristo] 01/5/2024 13:08

Logainair is a "messer" just trying to mess with people, he knows it is a tier 1 project.

[loganair] 01/5/2024 13:08

hav - What I've posted today about Solgold is 100% factually true.

[hazl] 01/5/2024 13:07

Good posts the Count .
Thanks.

[hazl] 01/5/2024 13:06

Oh don't keep conversing with them.

[havinthelastoast] 01/5/2024 13:04

Both loganair and Lowtrawler are deceitful disingenuous lying rats, here to deramp pure and simple.

[rougepierre] 01/5/2024 12:42

Having read the above post, what does everybody else think of loganair's vacuous statements?

His latest posts categorically confirm that he holds no shares.

[the count of monte_cristo] 01/5/2024 10:44

Silvercorp Metals (TSX: SVM) (NYSE American: SVM) is diversifying into South America with the acquisition of Adventus Mining (TSXV: ADZN) and its 75% interest in the El Domo copper-gold project in Ecuador.

This, according to Adventus, makes El Domo one of the highest grade and lowest capital intensity copper-gold projects globally. A volcanic massive sulphide deposit, El Domo is part of a larger group of concessions called Curipamba in Ecuador. The total Curipamba property area is 215 sq. km.

[the count of monte_cristo] 01/5/2024 10:42

Post 43133 - the valuation is chicken feed for the majors. India needs to start acquiring copper projects and soon.

[hazl] 01/5/2024 10:28

And note the Chinese one in there.
They have been very active in their acquistions for a long time.


imo

[hazl] 01/5/2024 10:26

There are some big names in there!

[the count of monte_cristo] 01/5/2024 10:25

Note, Sivercorp previously tried to acquire LSE/ASX listed CLA to get hold of their copper prohects, they still retain around a 10% holding.

[hazl] 01/5/2024 10:25

Major shareholders.




BHP Group (UK) Ltd.

310,965,736 10.36 % 42 M p

Newcrest Mining Ltd.

309,309,996 10.31 % 41 M p

DGR GLOBAL LIMITED

204,151,800 6.803 % 27 M p

JIANGXI COPPER COMPANY LIMITED

180,753,608 6.023 % 24 M p

Cornerstone Capital Resources, Inc.

157,141,000 5.236 % 21 M p

Dmyant Sangha

153,366,663 5.110 % 21 M p

Bell Potter Securities Ltd.

136,833,362 4.559 % 18 M p

Tenstar Trading Ltd.

107,877,393 3.595 % 14 M p

Norges Bank Investment Management

91,526,468 3.050 % 12 M p

Nicholas Mather

89,746,710 2.990 % 12 M p

[original fastjet] 01/5/2024 10:22

Sp flying lads??
No?.
DIDNT THINK SO .
46% down in a year .
Great investment eh

[hazl] 01/5/2024 10:20

Solgold is way undervalued in my opinion.


The asset one day will make the owners a lot of money is my prediction.

Time and political considerations are the unknown factor.

The share price is at an extreme low relatively speaking but the recent rise is very welcome and suggests a low has been reached.

IMO

[hazl] 01/5/2024 10:16

Best scenario?

A bidding war breaks out between the major shareholders.
Not so far fetched in my view.

Worst scenario the political scene drags out making the company sweat a bit.

The important thing is we have a desired asset .
However, there are also no guarantees, to a takeover, so sometimes a lot is spoken about a thing that doesn't materialise.

I try to be honest and people have to make up their own minds.

I believe some of the posters are paid to depict fear.
Who knows?

IMO

[hazl] 01/5/2024 10:10

Selling a company when copper is starting to look attractive again is far easier.
Selling a company when the board has more control over it's own decisions is far easier.

Selling a company when consolidation and acquisitions are starting to be in the news is far more likely.
Selling a company when the share price is undervalued is far easier.

You are way behind the curve with your outdated rhetoric loganair.

[hazl] 01/5/2024 10:07

Ah are you talking about JEMA?

[loganair] 01/5/2024 10:02

Balance sheet very poor - only 5 to 7 weeks cash left in the bank.
Prospects of raising any further money - poor.
Prospects of selling the company - poor - as have been trying to do so over the past 18 months.
Management - poor
No current income stream.
Current price of copper or gold doesn't matter.
Copper wise, only able to get mine going at the top of the market = Tier 2 ore body.

All in all = Solgold way overvalued.

[hazl] 01/5/2024 10:00

I must admit any respect I had for mknight has completely gone.

The same kind of rhetoric from that poster as the people I had already considered not worth reading.
At least LT remains dignified in response.

[hazl] 01/5/2024 09:57

Late today.
How we doing?