Solgold Share Discussion Threads

[lefrene] 14/9/2017 14:31

The question I want answered is:- Out of that myriad of prospects Solg is working on when are they going to find somebody in a position to mine one of them? Seems that financiers are currently fighting shy of funding mines, which I suppose will last until some Chinese money arrives in town.

[mrpiggy] 14/9/2017 13:20

Now that sounds like the only logical explanation to me ODR, question is.... did he short Solgold?I'm sure he is eager to give us all a full explanation...... come on then, we are all ears( well, actually that's me with my big piggy ears)! :@)

[onedayrodders] 14/9/2017 12:59

Oh dear .. someone Predicting shares on AIM might go down and assuming they are in the Warren Buffet class.

However acting on it is something different ... I assume you made a small fortune shorting from 45p ? what .. you didn't back your judgement ?

tut tut

;o)

[lefrene] 14/9/2017 12:06

Here's a well funded miner with an idiot government problem, perhaps Solg should give them a call and tell them Ecuador is open for business.

[bookvan] 14/9/2017 08:03

At last some real discussion about Cornerstone in relation to SolGold and not some rubbish about manipulative market makers and paid de-rampers. In my experience and honest opinion these things exist more in the imagination of private investors than in real life but I could be wrong.

In my view it is very unlikely that Cornerstone will 'steal' Cascabel with or without Newcrest. It is Cornerstone that seems to have put itself up for sale not Solgold. Maybe SolGold will buy Cornerstone or somebody else but it does seem more likely Cornerstone will be sold first.

IMHO it's a reasonable strategy to sell SOLG and buy CGP in case it's SolGold that puts in an offer. It's not difficult through a UK broker and it could be what a lot of other investors are thinking. Disclosure: that's what I have done so obviously I am looking at things from that perspective. Then I hope to buy SOLG afterwards with the proceeds.

[lefrene] 13/9/2017 14:44

What's with all the tiny trades? 11, 14, 22? MM code for something?

[fsawatcher] 13/9/2017 11:48

i told ya all months ago when 45p this fall back to low 30s and got nuffin but flak

you hide truth by quoting newcrest 41p buy as benchmark

that woz 4.5% at 41p but you not mention 10% they got at 12p do ya?

can you work out newcrest average? coz that your benckmark and it dilute protected unlike you

I tell ya wot it is ....They hold nearly 15% and it cost em 27p

wot you imagine happen if they put 15% together with 15% cornerstone

look to me like equity bein shafted in cheap deal and cornerstone/newcrest and management gonna ride off with your asset for chicken feed price

dont worry, they leave you with some pie in sky concessions which you already got that they dont want

might cancel main market listing again in oct so price go into 20's , jeez the compliance laws for main market are such a drag aren't they Mr cornerstone?

[lefrene] 12/9/2017 14:31

Certainly getting punished for that, ooops! butterfingers missed the main market but never mind, episode. Makes one wonder if somebody somewhere, doesn't like the idea of NM getting above himself?

[lefrene] 12/9/2017 13:09

Newcrest put in fresh money for their stake, it would be interesting to see if they take advantage of the shake down to increase their holding by buying in the market. As indeed once the main listing in place, we will see what the share register looks like soon afterwards. There must be some predators out there quietly accumulating stock.

[pecker1] 12/9/2017 10:10

FWIW, anyone who adds some more at these prices will at least be paying considerably less than the 41p paid by Newcrest back in June. The delay with the listing has not helped because it creates doubt where there was none.

But I still think Nick Mather made the right decision to defer drilling Aguinaga until the resource statement is either ready or when they decide they have enough holes in the bag to do the calculations. Success at Aquinage back in June/July, especially if they had hit shallow viable mineralisation, would probably have prompted a serious bid from the likes of BHP. However, that bid could turn out to be a steal if copper and gold take off. In short, shareholders stand to gain far more if only they are prepared to hang in here for another 18 months or so.

[lefrene] 11/9/2017 15:44

I notice in that other place that there seem to be hired FUD merchants that almost post around the clock, thus one concludes that the 'names' are being used by more than one person and working in shifts. So somebody thinks it is worth going to the expense of hiring persons to do this? The game is indeed to drive shares out of timorous hands into stronger hands. I didn't foresee the possibility of a fouled up main listing and bought more on the eve of that listing at a touch under 37p, which is the highest price I have paid. I have every confidence that this huge asset is worth a lot more than the current market value. Not just because of it being the biggest richest resource found in more than a decade, but also because of the favourable infrastructure transport/water/power, all of which will greatly reduce start up costs, and also accelerate that start up. The utility of all that infrastructure is probably worth a couple of $ billion in money and time saved in not having to create it.

I hope at some point the big boys will fight over Cascabel, and Solg can take the money and get on with rapidly exploring the other properties it has. What's Cascabel worth? Given the savings on infrastructure and thus speed to production, plus the mmoted 15 biilion tons of ore, I'd guess if somebody paid $5 billion for it, they would treble their investment over the course of mining it, and possibly more if a copper squeeze occurs.

[onedayrodders] 11/9/2017 15:20

Reading LSE chat it's clear there are quite a few sitting on sizeable holdings from the sub 3p days (not me unfortunately) and I guess scaring them into selling would be high on the mm agenda

[onedayrodders] 11/9/2017 15:19

indeed lefrene ..that's also a distinct possibility

[lefrene] 11/9/2017 15:03

ODR, this is such a dirty game that I wouldn't be surprised to learn that a predator is doing their best (and it's working) to drive down the price before making a pounce. The incredible gaff of fouling up the main market listing was just a gift to such interests. No doubt once that listing finally happens we will see some fresh large holders appear on the register.

[onedayrodders] 11/9/2017 14:48

hard not to completely rule out a short spell in the 20's due to this main listing delay.

ho hum

[lefrene] 11/9/2017 12:43

mam fach, it's just the screw up over the listing that is allowing the MM's to play their games. Solg went from not putting a foot wrong, to just another lying AiM outfit that don't deliver on the talk! In the actual world nothing of substance has changed, still billions of tons of ore and tens of millions of tons of refined metals to be harvested, and that's just one part of one tenement. Metal prices are rising, and for the foreseeable future no fresh funds need to be raised, so hopefully the dilution has halted.

We don't know why the main market listing was missed, but at least as time goes by more metal gets proved up, metal prices rise and the case for profitable extraction becomes more attractive. Look in again at Christmas, when things will have come together, the corporate musical chairs should be finished and, they might even have a pilot hole or two in the other rich looking parts of Cascabel.

[mam fach] 11/9/2017 12:28

Only the faithful few left here.
Hanging on.
Might as well.
Not an awful lot more we can do.

[lefrene] 11/9/2017 11:54

One thing that's low right now is the share price. Three weeks before they have another go at the Main market, and at this rate it will be circa 25p by then.

[onedayrodders] 09/9/2017 09:52

"I agree that windfall tax threshold could turn out to seem rather low in two or three years"

I reckon could even look low in 2 or 3 months !

[happyholder123] 09/9/2017 08:59

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!