Solgold Share Discussion Threads

[hazl] 19/7/2024 08:38

SolGold plc (LSE & TSX: SOLG) has received notification on 17 July 2024 from Christopher Stackhouse, Chief Financial Officer of the Company, that on 17 July 2024 he had acquired 105,000 Ordinary Shares of £0.01 each in the Company at a price of CAD0.185 per Ordinary Share of £0.01 each in the Company for the total consideration of CAD19,425. Following this acquisition, Christopher Stackhouse holds 320,000 Ordinary Shares of £0.01 each in the Company representing 0.01% of the issued share capital of the Company.

Whilst not a fortune, given his previous allocation, not to be sniffed at.

[mknight] 19/7/2024 08:35

We will go up with each permit being ticked off . Just takes time , once its derisked completly the buyers will come out in force .

[hazl] 19/7/2024 08:34

Cymrru at least a bit of honesty there as you see it.

Like anything in life it is your opinion.
However if it does contiinue on up your trading bracket will be higher.

[havinthelastoast] 19/7/2024 08:20

Cym the SXX comparison is nonsense and you know it.

However you are right about the stagnation we now face here.

The ceiling is 10.70p clearly, but what's the bottom going to be? We will see in the next few weeks and the range will be established for the next few years. 8p to 10.5p is a traders dream.

Sad for the LTHs though. But it was madness to be buying this is the 20s and 30s. Even poor old loganair will never see his 17p back... Still, he's never happier than when he's being miserable lol.

[cymrurrhydd] 19/7/2024 08:10

Hazl, I haven't traded this in the past because it was a dog. It is now a dog with a decent line of credit behind it, and therefore it has legs for the time being and worth a punt.

Absolutely no harm to you Hazl, you're what we call in Wales a merch dda. But you have a choice now... sit on your hands while this bobs around at the 8p,9p,10p level for years, or take advantage of both the daily movement and the underlying financial safety net and trade it. Set buy limits and sell limits and create a little money generator.

What's the alternative? Wait for more exciting news? There is none to come. Wait for a bid? If there was going to be one it would have came before this deal was struck - they tried to flush one out by doing this, but there was none to flush, so now they have money backing them but no way forward. I won't compare it to SXX too much but it is a warning to the dreamers and those who pin all their hopes on things coming right at the end.

I may be a trader but I'm not like slug (toast/ste2000 and all his other profiles) ramping one minute and deramping the nbext depending on whether he's bought or sold. The poor mug is underwater here at 24p so he's desperate.

If you have a decent holding, trade some of it. There's no other action here.

[hazl] 19/7/2024 08:09

Again the UT trde at 8.00 muddies the water as the trade is already accounted for.


It will be interesting to see how the day pans out.

[hazl] 19/7/2024 07:59

If it goes up he cannot buy in at the level he hoped.
Simple.



DYOR
IMO

[hazl] 19/7/2024 07:56

Cymrrh openly admits in his post he is a trader in the post above and the way he has come back with vengance trying to advise it is going to 8p shows he feared the effect of the director buying, either keeping it to it's new level or beyond is my belief.

[hazl] 19/7/2024 07:53

That michaelfenton is constructive and why the poster above seeks to cover it up.
It was from after close last night and he hoped no one noticed it.
I admit I only noticed it just now .
It is a good sign in my book.
I sit up and notice when it is the main FINANCIAL man .... buying!

They know what they are doing!

[hazl] 19/7/2024 07:36

Ah mknight

Cnristopher Stackhouse clearly thinks so!

Financial Officer,too, no less.

[hazl] 19/7/2024 07:34

Ah!

News.

Excellent!

[original fastjet] 19/7/2024 07:25

Realisation starting to set in of where is the rest of the build cash going to come from.........
Sub 10p by cop today quite possibly 📉🤔🤔

[mknight] 19/7/2024 07:21

Not much risk now after the 750m finance . Profits have been taken Tuesday, Wednesday and up to close yesterday . Most of those leaving have gone so today just might be a good one .

[original fastjet] 19/7/2024 07:11

Looking like a red day here as traders de risk for the weekend.....🤔;🤔📉📉

[hazl] 19/7/2024 07:10

It has reached a new level and l expect people will trade the boundaries of that again.

[havinthelastoast] 18/7/2024 22:14

Fake toast don't get yourself into such a state just because you got burned here.

You know, and we all know, that you're the only one with a set of fake profiles on here. Do you want me to name them?

King George exposed you a long time ago, posting from behind a VPN, multiple profiles including Tesla1 and 2984Investor over on LSE.

I've got a feeling you are Cym as well, but I give "him" the benefit of the doubt.

You poor deluded sod.

Karma hehe

8p very soon. Below that, who knows. £750million in funding and it ain't worth a dime to us private investors.

Hope you're having better lunch shorting GGP. You serial loser.

[original fastjet] 18/7/2024 21:28

8p in less than a month from now.....

[havinthelasttoast] 18/7/2024 21:09

Cym/fake toast/king George/munter. All the same scum bag.

I’d beat the shyte out of him for fun.

[havinthelastoast] 18/7/2024 21:05

Sadly without news we will sink back to 8p.

And what news is there that could come now?

No bids. Huge production costs.

How did we get here?

[hazl] 18/7/2024 20:57

Each to their own.