Solgold Share Discussion Threads

[onedayrodders] 28/11/2017 14:28

Greetings from sunny but freezing Centre Parcs.... just popped in to see the latest... I guess after the recent corp activity it's gonna be a while before we will be back to the steady but consistent upward climb

[lefrene] 28/11/2017 12:07

The banksters that underwrote the cash raise might want to clear their books before they have to cash up? They may not want to hold a single share come Dec 1st, so instant decent profit for them, goes to their bottom line in time for the end of year.

I hope we have no more diluting cash raises from here on, but the selling of projects to big miners for large sums instead. Then the company can drill this 25km x 1km prospect with 100 drills and start mining for itself. I look forward to Nick Mather being known as 'King Copper', I will very happily ride along on his coat tails!

Roll up, Roll up, last chance to buy at 27p! :¬)

[rougepierre] 28/11/2017 10:29

I expect further weakness up to 30 November, maybe beyond...giving an excellent buyback opportunity (in at 25.4; out at 29.4; back in at....?)

GLA

[lefrene] 28/11/2017 09:56

Yes those bankers off loading into good news.

[alphapig] 28/11/2017 09:46

Still millions of placing shares to find new homes, imho.

[mam fach] 28/11/2017 09:24

Only pity is all this good news " seems " to be factored into the price.
It's a big jump from explorer to producer.
This is what i holding us back.
Not that there is any doubt company will be successful.
Patience required here.GLA

[5070481] 28/11/2017 07:54

Will be interesting to see the outcrop results. THere is no doubt that SOLG seem to have followed the rather simply idea that the Andean copper belt woul dhave to continue through Ecuador. Exciting times if the copper just keeps on falling out of the ground. TRansition from explorer to producer is the big one though and one where many a company makes a few errors along the way

[ragewarrior] 28/11/2017 07:44

And there's more..."New mineralised outcrops discovered at the La Hueca Project - SolGold's exciting new copper discovery in southern Ecuador"Roll on 30p+..

[smoothtrader] 27/11/2017 12:19

Mid Dec..I see the day traders will be rubbing their hands.Consequently pushing the price up. ??

[lefrene] 27/11/2017 11:56

I like this bit :-

...............................

"A recent site visit by SRK Exploration consultants saw major developments in the accuracy and predictive nature of the geological modelling at Alpala. The geological auditing process forming the basis of the Mineral Resource Estimate (MRE), has now advanced the detailed hand contoured geological interpretations in level plan and cross section, into accurate representation within the Leapfrog(TM) 3D modelling environment.

This collaborative approach is resulting in a high-confidence geological model that will accurately estimate the resource potential, through incorporation of the Alpala genetic model, deposit geometry, intensity of mineralisation and grade distribution."

.................................

It's telling us that their advanced methods are winning recognition and credibility from the accepted experts in authenticating mineral/metal discoveries. This could accelerate the proving up of future finds across the new tenements.

Also good to know that they will bring out an MRE before the end of the year, I guess they have learnt the damage that can be done by failing to deliver as advertised re the recent TSX and LSE moves.

90 day updates will be most welcome. Those powerful new drills will generate good news flow.

[onedayrodders] 27/11/2017 09:28

Quarterly MRE statements through 2018

;o)

[5070481] 27/11/2017 09:06

Again not to disappoint but i dont think the numbers from teh resource in December are going to be mind blowing. This is based purely on an interview where it was explicitly stated that they didnt think the numbers would be huge in this report. They were careful to make clear that this was only going to be the maiden report and that upgrades to it would then be prodiced throughout 2018.

[mam fach] 26/11/2017 20:58

Onwards & Upwards from here folks.
Share price been disappointing lately.
Hoping we are going to rebound from recent lows.

[onedayrodders] 25/11/2017 14:59

hahaha ... that's definitelt something for the weekend

:O)

[lefrene] 24/11/2017 16:05

The numbers are going to be so biggggggggg you'll need a shipping container to write them on ODR :¬)

[onedayrodders] 24/11/2017 15:12

Back to 28's !!! yippeeeee

Come on lefrene .. get that back of a matchbox share price prediction going again

;o)

[lefrene] 24/11/2017 12:05

Good luck with that gilotron, you might be in profit by the end of play today!

Good to hear that they have more drills on site and another two big ones landed at the port. 'This time next year Rodders' :¬)

[gilotron] 23/11/2017 16:35

Couldn't resist a punt here with some spare cash:-

Quantity 43716
Trade Price 0.27311
Trade Date 23-11-2017
Consideration £ 11,939.28
Commission £ 0.00
Stamp Duty £ 59.70
PTM £ 1.00
Total £ 11,999.98

[lefrene] 23/11/2017 14:45

If there is 10 million tons of copper in Cascabel and if just one tenth of the new specs come up to that there could be 70 million tons of copper altogether. Of course it's a long way to having copper in the ground and getting it to market, but the figures are huge. $7000 x 70 million is $490 billion? Just 1% is $4.9 billion.

Ecuador is going to be huge for all the suppliers of mining equipment, perhaps time to move to Quito and set up 'Rent-a-Drill' :¬)

[mam fach] 23/11/2017 13:31

Not very long ago 50p seemed impossible. Did get to 46p but fallen back since.
Nice thought though £12, But that's all it is.
The impossible dream !!!

[lefrene] 23/11/2017 12:00

Solg has a large and growing number of tenements, there could be several more Cascabels to be found but it does take time. Hopefully Alpala will get sold for a large lump of money, and that money can be put to work buying a large number of powerful drills to ramp up the pace of exploration. Solg now has a "blueprint" for finding likely prospects, if that "blueprint" becomes respected in the industry then we might see Solg bought out simply to secure that skill for one of the big hitters. So while we sit and wait for something to be proved up, there might well be others seeking to grab and carve up Solg.

[onedayrodders] 23/11/2017 11:28

probably a very naive comment but how about some easy some surface gold production

[pecker1] 23/11/2017 11:20

lefrene,

Might get there one day but will we still be around?! I'd be happy with £2 by December 2018. Not too fanciful a target if NM spends some of the bought deal financing cash on exploring La Hueca and (his words)"rapidly advancing this large and rich system". A few high grade, shallower holes here would transform Solg prospects.