Solgold Share Discussion Threads

[onedayrodders] 17/2/2017 09:18

Indeed .. happy to consolidate here for a week or two which will sustain the next move up assuming good news continues.

[mam fach] 17/2/2017 08:54

We simply don't know. Something is keeping price up.
Happy to see this keeping within 39p-40p range.

[billthebank] 17/2/2017 00:06

We will see!!! but tbh dont really care as we are now at 40p

[mam fach] 16/2/2017 23:23

Signal RNS on the way ?

[spacedust] 16/2/2017 21:58

A signal from one mm to another

[markth126] 16/2/2017 19:00

Why does that mean that?

[billthebank] 16/2/2017 18:07

Looks like a few 1 share transactions today guys. Hopefully great news tomorrow

[onedayrodders] 16/2/2017 16:56

Perhaps time for a new thread then ? ...any volunteers

;o)

[dozyduck] 16/2/2017 16:14

ODR - That headline dates from years ago when Solg was targeting the Pacific 'Ring of Fire' where there are a few 40Moz discoveries. It never found much - hence the move to the Andes

[onedayrodders] 16/2/2017 15:10

What are the latest projections for gold reserves
I can see on the header 40m ounces.

[onedayrodders] 16/2/2017 15:08

Perhaps a new floor in the share price quietly taking place.

[hazl] 16/2/2017 09:44

SOLG plenty of GOLD


IMO

[gregpeck7] 16/2/2017 09:30

Took my last chunk off the table.. UEN up 40% now in 2 days and I cant miss that one... Good luck all holders..

[hazl] 16/2/2017 08:40

mirabeau Thanks for taking the initiative.
Indeed it was a helpful response and I think this statement is very true and works in the general sense as well!

shows 'the need for industry experts working as analysts'.

[mam fach] 15/2/2017 20:03

You bet. Quite a wobble today. Scare tactics IMHO. We'll find out tomorrow. Are we wise to hold or seriously delusional ?

[spacedust] 15/2/2017 19:20

Is this the start of the next leg up

[mirabeau] 15/2/2017 12:55

All,


Just had a reply from John Meyer at share price Angel regarding the comments by a mining analyst at Shore Cap: I think we can all now relax and feel reassured by his response -See below for the full email:

John Meyer

12:46 (2 minutes ago)

to me

Dear XXXX,

They express that the use of the copper equivalent numbers are misleading in their opinion

This is their opinion

SolGold have clearly presented the basis for the use of the copper equivalent – eg at $2.20/lb for copper and $1,350/oz for gold.

The copper price used is less than the current price while the gold assumption is a bit higher as is often the case as metals prices move around.

Many in the industry find the use of metal equivalent numbers useful, while some others are less keen to see this.

In Canada, promoters often quote rock values and then potential operating margins which personally I’m not keen on

Also, comparison with other existing copper mines / projects is standard industry practice, though every discovery is unique by its very definition

I concede that this can all be quite confusing but it does highlight the need for industry experts working as analysts

You might like to compare the industry expertise contained within the share price Angel research team vs some others

Yours

John

Simon Beardsmore – Senior Research Analyst

Simon is an experienced Mining Engineer with >40 years of experience in the technical appraisal, project development, operational, management and finance aspects of the industry. Simon was a rated analyst at Evolution and part of the No1 mining team at Numis. More recently he helped to build and commission a tungsten mine in Spain.

John Meyer – Partner, Head of Resources

John started his career in a tin mine in Cornwall shovelling mud and clearing drains but since then things have gone downhill. John was the the Extel No 1. analyst for all UK smaller companies in 2006 and for UK smaller mining companies in 2008, 2007, 2006, 2005. He has been successful in recognising future trends in commodities and stock ideas and has built mining teams at Fairfax, Numis and SocGen. Previously John worked at Goldman Sachs and Montagu Mining Finance.

---

[shakester2] 15/2/2017 10:17

Deramping maybe so there's mates can get in cheap?

[onedayrodders] 15/2/2017 09:34

Mirabeau

Mirabeau14 Feb '17 - 18:14 - 10028

Just click "News" tab above and you can see it posted yesterday

[lord hindsight] 15/2/2017 09:23

initiated here this morning at 36

[markth126] 15/2/2017 09:19

Well rightly or wrongly I've doubled up at 35.2p! We will see through the fullness of time if that's a good buy or not.