Solgold Share Discussion Threads

[rougepierre] 02/5/2024 20:09

Sadly LT filtered for some time now...

[hazl] 02/5/2024 19:52

Even lowtrawler disagreed with that adjective RP.

[rougepierre] 02/5/2024 19:47

"It seems to me reasonable to say Solgold are already in the "distressed" sale state."

hahahahahaha...hysterical...hahahaha...

loganair...you are sooooo deluded...

why are you even on here when you know sweet fa to a jam tart?

You totally refuse to post a single piece of FACTUALLY CORRECT information to back up your increasingly ludicrous posts, so...

Either you have NO shares and are desperate to get back in or

You are a paid deramper (not much good at it, are you...?)

Or...you are way in over your head and wetting your pants and can't stop uttering your worst fears or...

You're simply deluded.

Every time I shoot you down its backed up by SOLID FACTS and 100s of hours of research; direct or indirect contact with the key players (NO they don't give me inside information but they are totally weighed under by the welter of options and serious offers Solgold has.

So please...just once... back up the statement at the top of this post with FACTS or rational analysis...

Otherwise you will convince me you are a miserable git of a teenager who knows nothing...nil...nada...but has keyboard diarrhoea...

Compris?

[original fastjet] 02/5/2024 19:33

Is the bid on the table yet?
Just asking lol

[havinthelastoast] 02/5/2024 17:42

Lowtrawler and loganair having fake conversations with each other, agreeing how bad this company is. Lol.

Do you think our heads zip up the back you deramping Muppets? No one cares what you think. Non invested trolls.

You vanished for weeks when this went from 5.74 to 10.8.

Bottom feeding losers. No one takes either or you seriously.

[hazl] 02/5/2024 16:05

Long but worth a read.

[hazl] 02/5/2024 15:51

'Cascabel is the largest undeveloped copper resource in Latin America not controlled by a major.'

Again from the recent source in April, that says two important things.

The raw material is undeveloped and huge.

It is not controlled by an instituition.

YET.



Do they want it ?
You bet!
As cheap as possible?
Yep.
Hmm I wonder who provides all the negative thoughts?


My opinion only you understand, I could be wrong.

[hazl] 02/5/2024 15:43

Shares are about the future not the past or the present.
They are about anticipation.

So the negative posed really doesn't matter below.

'Any "stress" comes from their obligations to spend on the regional licenses and an expectation from the Ecuador government they will commence build in the next couple of years. Neither of these issues are likely to come to a head in the near future.'

The rest seems fair.

[mknight] 02/5/2024 14:59

Another sensible post from Lowtrawler , telling it is as it is . Well done .

[lowtrawler] 02/5/2024 14:49

loganair, I don't believe SOLG are distressed. They have a world class asset in Cascabel and a decent asset in Porvenir. Their spending has mainly come from equity and the debt comes from NSR deals that will only be triggered on a successful mine build. Any "stress" comes from their obligations to spend on the regional licenses and an expectation from the Ecuador government they will commence build in the next couple of years. Neither of these issues are likely to come to a head in the near future.

Unless you believe Cascabel and Porvenir are worthless, it is difficult to see how SOLG are currently distressed.

IMV, if potential buyers were able to guarantee a successful bid at £300m, they would be queueing round the block to get their bid in.

[the count of monte_cristo] 02/5/2024 14:34

Solaris market cap 455m GBP

SolGold market cap 276m GBP

[hazl] 02/5/2024 14:32

Director shareholdings.


What more could you want?

[hazl] 02/5/2024 14:28

Look like double the number of buys to sells according to the trades, yet we are down.

Something strange somewhere in the neighbourhood?

Either the trades are not placed accurately, or something behind the scenes, or spread, I guess.
Anyway we are less than 1% as a drop and it keeps going into positive territoty.

Classic.
IMO

[hazl] 02/5/2024 14:23

See how they restate the description TIER 1.

Naysayers are put right again.

[hazl] 02/5/2024 14:21

A UNIQUELY COMPELLING INVESTMENT OPPORTUNITY


WORLD-CLASS COPPER-GOLD PROJECT /4


World-Class Resource with Potential for Further Discovery
 Cascabel is currently one of the world’s largest copper and gold deposits not controlled by a major

 Foothold on vast, unexplored regions of the Andean copper belt and a proven team with several discoveries already under belt

Ecuador is Open for Business

 Supportive government with mineral agreement in-place

 Access to key infrastructure, including hydro-power network (20 km) and [deep-water] port (180km)

Tier 1 Project with Robust Economics

 High-quality, low-cost, and long-life expandable project with 28-year initial mine life and US$3.2 bn post-tax NPV8% (at US$3.85/lb Cu)1

 Phased approach to target high-grade core, reducing capex and providing optionality
Community-Led Approach to Development

 Highly experienced CEO [and management team] in-country

 Long-standing relationships with local communities

From very recent pdf posted earlier.

[hazl] 02/5/2024 14:17

Above 'Is China's gold plan connected to it's plans for Taiwan.'

Worrying times.
But I guess that is what gold is for.

[mknight] 02/5/2024 14:17

Look for the good in People lol classic comedy . Keep them coming .

[hazl] 02/5/2024 14:15

Don't worry H.Every time LOG posts I think I will post the huge drop in Jema's share price recently.

[havinthelastoast] 02/5/2024 14:08

You're a lovely person hazl, and I can tell you like to look for the good in people.

But you are learning. Loganair and lowtrawler are two lying, deceitful derampers with their own negative agenda.

I would say paid derampers but who would pay for these idiots?

The Laurel and Hardy of ADVFN.

Two cheeks of the same backside.

Zero credibility between them.

[hazl] 02/5/2024 13:42

Do look at this presentation for Solg it is bang up to date.

BHP have got 10% of it!

Newmont 10%

DGR Global 7%

Jiangxi 6%


They will want a return in my opinion.

[hazl] 02/5/2024 13:38

Rubbish Log.
Now they are in charge of their own board and copper is more attractive again....you're the only one 'distressed ' as far as I can see.


On that note

How's JEMA doing?

And you seek to give advice!



8-)

[hazl] 02/5/2024 13:35

'This new enthusiasm for copper seems to be part of a broader investor rotation into commodities, with gold flying and the rest of the industrial metals now up on the start of the year after a weak first quarter.


Fund managers are evidently looking beyond the immediate headwinds of high interest rates and stuttering manufacturing activity to a boom time of synchronized old-economy and new-economy growth.

Until a few weeks ago the super-bulls were lurking in the options market, buying call options with strikes all the way up to $20,000 per ton.

They are now swarming into the futures market with a resultant jump in trading activity. Average daily volumes on the CME contract were up 18% year-on-year in March, those on the LME by 21%. CME open interest has mushroomed from 192,235 contracts at the start of March to a current 299,513.'