Solgold Share Discussion Threads

[mam fach] 22/11/2017 23:39

Slightly ambitious. Might be a few noughts out.
Well two anyway. Happy Days Soon. GLA.

[lefrene] 22/11/2017 22:39

I much preferred talking £1200 a share ODR, but those days are long gone :¬)

[cielos] 22/11/2017 12:16

lefrene

that's right, a bit of profit and dispose of them

[lefrene] 22/11/2017 11:29

When you know you have 180 million shares on tap at 25p, then you will be quite happy to sell forward at 26p 26.25p 26.5p 26.75p 27p, it's free money at no risk whatsoever.

Perhaps we should be considering what the price will be two weeks from now? Those shares will be in the market but locked down for four months for the Canadians, the company will have enough cash for 18 months or so, there's bound to be a release of assay results, and perhaps other positive news? Copper and gold don't seem to be going out of style just yet, and half the planet seems hell bent on pushing electric vehicles. 50p by Christmas?

[noccer] 22/11/2017 11:07

Looks like 27p gone Master RSI. Looked at the other way its nice for the MMs to be offering cheap shares to us - very generous. With over a million shares traded this morning, 300k blocks don't look insurmountable.

[master rsi] 21/11/2017 17:15

order book at the end of the day

The 300K X 8 trades stay all day and still there on the order book, minus 21K of the 26.75p taken as "AT" though all the MMs are gone

Who ever done this job it certainly managed to kill the rise with such a display of force

[master rsi] 21/11/2017 11:11

Someone is trying to stop the share price rising and this morning at 7.50am they added on the order book 8 X 300,000 at diferent prices on the offer side ( sells)
so far none is being taken

26.75p 300,0000
27p 300,0000
27.25p 300,0000
etc

[master rsi] 21/11/2017 00:01

Back in Canada had a rise of 7.53% a lot more of the 0.9% over here ( taking note of a bit of manipulation on the order book at the end of the day ) SCAP was one of the guilty parties

SolGold plc
TSE: SOLG - Nov 20, 4:00 PM EST
0.50 CAD Price increase +0.03 (7.53%)
------------
note
manipulation - the action of manipulating something in a skilful manner.

[timw3] 20/11/2017 20:56

o/t MASSIVE after hours RNS at PREM

PREM $1b revenue pot vs £20m cap. small placing of 125m shares at todays close. that will be traded within an hour tomm.

ZULU is an absolute monster no doubt about it

PREM will go bonkers tomm just Like ZIOC and GGP recently have

[master rsi] 20/11/2017 15:36

lefrene

re- a bit too early

well if you want to miss the bottom is up to you

they say ( disciples ) I am pretty good at my timing

[lefrene] 20/11/2017 11:53

A bit early perhaps Master RSI? We know the current capital raise at 25p doesn't conclude until 30th Nov, it would seem logical that the price will stay very close to 25p until that cash call concludes. Not of course that stock markets are always logical!

[master rsi] 20/11/2017 11:30

re - double bottom

There is signs of share of price wanting to bounce back from the few days at recent bottom
That is not strange on looking at the chart as it looks like the turning on the right side is pointing to the the formation of the last part of the double bottom.

[onedayrodders] 20/11/2017 11:03

a bit of blue

:O)

[master rsi] 19/11/2017 23:33

Gold had a very strong finish last Friday

Gold $1293.40 +$15.10 and Platinium $948 +$17

[lefrene] 17/11/2017 15:13

Thanks ODR, NM doing his best to get some value into this stock. It has occurred to me that NM might have done the recent cash raise at a cheap rate to make sure of raking in enough cash to be able to negotiate on firmer ground with any JV partners? Plainly if you are seen as having a weak balance sheet people are going to attempt to drive a sharp deal, and once one has done it the rest will try the same tactic. Now Solg has plenty of cash in hand, it is not desperate to get a deal just to keep the show on the road, thus can weather a Mexican stand off, and avoid underselling assets.

[onedayrodders] 17/11/2017 14:20

Dunno if you guys have picked this up already ..



Looks like j/v's are likely.

"Any projects are likely to be funded by third parties, with negotiations already taking place."

[mrpiggy] 16/11/2017 13:17

Just woken up, good read ODR, $5 a pound conservative eh!Yep, I would say so.... just my opinion but I recon you could almost double that over such a time frame!Who knows, maybe much more.... depends on how much demand outstrips supply!Sooner or later someone will come a knocking here!

[lefrene] 16/11/2017 11:59

ODR, thank you for sharing. So Elon Musk is going to buy Alpala then? :¬) Of course he is!

[fsawatcher] 16/11/2017 11:40

i jus checkin my bank account to see if NM has robbed it

this guy not no shame at linin his own pocket

[onedayrodders] 16/11/2017 11:16

Whilst we wait for this corporate hangover to clear, here is some Copper porn ..

[mrpiggy] 16/11/2017 10:50

Zzzzzzzzzzzzzzzzzz '@ ( ,

[lefrene] 15/11/2017 13:45

Thank you for that banksy, just goes to show how inaccurate the trades reporting is. But if the market knows there are brokers out there trying to shift a huge slug of shares that they have underwritten at 25p, then small wonder the price sits close to that 25p.

While hopeful that the MRE will give a lift here, it's plain to see that cash burn is set on 'full steam ahead', this company may be sat on vast mineral wealth but it has to find a way of generating revenue asap. I notice in the rns a ref to either mine or sell some part of a property. It's that word "sell" I like. I hope NM is better at haggling a sale price for a mine, than he seems at negotiating a cash raise with greedy bankers.

[fsawatcher] 15/11/2017 13:44

those results eye openin

management award load of cash and shares to themself

salary goin ups

massive increase on last years

this Mather bloke got so many fingers in pies across biz

example of director gettin richer and shareholder gettin poorer