Solgold Share Discussion Threads

[herbert howells] 04/7/2017 09:07

Thanks M. Good spot.

[bookvan] 04/7/2017 08:57

The latest angry geologist blog discloses he owns SOLG. It must have been an oversight in the last one.

[lefrene] 03/7/2017 16:51

Weird, so there is, ten minute intervals. What is that algorithm intended to do? I hope it's going short and gets some unexpected good news!

[lefrene] 03/7/2017 11:37

gilotron, that entity has rubbished Solg in the past, now he has changed his tune, I have wondered if he is employed by somebody?

Plainly Solg is sat on a valuable site, but it's the extraction of that value that has to be accomplished to see the share price rise. What's the best route for rewards? Prove up Alpala for 10 billion tons at 2% cu, sell it for circa $5billion and use the money to exploit the rest of Cascabel and those 38 other specs? Or do a joint deal with a miner (Newcrest?) and take the long route? We have to trust NM to make the best choice, on his track record thus far I trust him. I'm hoping we see significant change over the next two years, as like a few others here, time is getting shorter.

[gilotron] 03/7/2017 11:07

I've bought in today after mulling over the angry geologist's posts.

[mam fach] 03/7/2017 09:13

You have time to hold on and enjoy the rewards.
I've been investing for 50 years.

[sthelensrlfc] 03/7/2017 00:02

I'm 44, so youngish I guess

[mam fach] 02/7/2017 20:42

SOLG is THE share no doubt about it.
As regards whats a few years - I can only presume you are much younger than me.

[sthelensrlfc] 02/7/2017 17:36

mam fach - I wouldn't say it's been a miserable few weeks for LTHs. Yes there was a placing, but it was at a reasonable price, with a solid investor who is in it for the long haul. It's never easy seeing paper profits dwindle of course, but if as an investor you believe in the potential here (as it seems you certainly do), then what's a few more months or year or two. I have holdings in several companies, but SOLG is the one I believe in the strongest, based on the quality of management, the size of resource and a genuine institutional investor on board

[mam fach] 01/7/2017 21:34

I think some of us realise that SOLG isn't a company with no proven resource.
Pity more investors aren't convinced of the huge potential.
Been a miserable few weeks for long term holders.
Expect company still thought of as pie in the sky.

[onedayrodders] 01/7/2017 17:51

Lefrene .. yes certainly as about exciting as it can get at the moment not forgetting the added bid fight out of the blue at any time

[noccer] 01/7/2017 08:15

Mark - Anyone maybe, but not any institution - you wouldn't want your pension funds blown by being speculated on AIM mining companies with no proven resource? TSX and main board have some more stringent requirements to show you actually have something of value, and in mining that means stuff in the ground rather than turnover, margins etc as in a trading or manufacturing.

[markth126] 01/7/2017 07:52

Why will there be any lift when it joins any main market? Anyone can buy shares now so what diff will it make

[lefrene] 30/6/2017 16:33

Interesting that they had to up the offer at the end to get in some stock.

[lefrene] 30/6/2017 12:24

Plenty of good news still to come Rodders. Not only the listings but eventually an initial resource report, and then there is Aguinaga for initial drilling, and that's just for starters. Also I don't think BHP have bought the bordering plot by chance. I'd just like to fast forward a couple of years and pick up my 500p a share :¬)

I'm sure you are right there Noccer about the report before the TSX listing. I guess though if you are in the mining investment field you will already know about Solg, but if you are a fund manager you may not be allowed to buy on the dodgy AiM market? So perhaps we will see a lift when we join the Main Market, and a lift when a resource report comes in, but little movement when we finally list on the TSX?

[noccer] 30/6/2017 12:16

As far as I can the TSX listing requires a NI 43-101 resource statement, and I expect that will push the price far more than the TSX listing itself. However I can't see it any time soon as instead of finding the extent of the resource they keep getting even better drill results. 216metres of 3.08% copper equiv (inc 2.84ppm gold) in 23R is a stonking result, and just 6 days before in hole 25 they announced 100m of 3.59% copper equivalent at hematite hill. It just keeps getting bigger.

[onedayrodders] 30/6/2017 11:59

could well be ... June has given the share price a couple of body blows that will take a while to consolidate but just like Anthony Joshua in his last fight we are up off the floor and now fighting back.


TSX listing could hit the screens at any time and after that last RNS there should be plenty of interest from the get go.

[lefrene] 30/6/2017 11:52

Doesn't seem to have reached the share price though Rodders. I wonder if these are somehow being hoarded by MMs for the Main Market listing?

[temmujin] 29/6/2017 16:07

anyone in china new energy?...will 2 bag tomoro on results CNEL

[onedayrodders] 29/6/2017 15:45

yep .. If Carling could write RNS's they would have been proud of today's

[ragewarrior] 29/6/2017 15:43

I like this quote from the RNS"Ø Hole 23R intersections noted as one of the most outstanding drilling results in copper and gold EXPLORATION HISTORY (Ref Table 1: Cautionary Notice), totalling 1195 metre-percent copper equivalent."Well there u go... Looking forward to joint listing on TSX & Main LSE

[lefrene] 29/6/2017 13:46

I would hope the circa $70 million they have raised this year would last for quite sometime, they have been very careful with share holders money in the past, I hope that attitude persists. It's good to have options, if the other sites also have rich deposits then it's possible a sale of Cascabel might be considered in order to raise money to become an actual miner of other locations. BHP having taken the plot next door might make an offer that's hard to refuse? But with copper prices creeping up, the story here can only get better.

[sthelensrlfc] 29/6/2017 12:58

Am hoping these stay at this level for a couple more days until my funds have cleared to enable me to buy more.
IMHO, this is a once in a lifetime opportunity for those who are willing to be patient. Yes there will be a need for more capital raising, but we have a solid partner who is in it for the end game, rather than just interested in making a quick buck by selling into any share price rise.