Solgold Share Discussion Threads

[master rsi] 15/1/2018 10:59

steady rise from the early weakness, a good oportunty to buy, well I did

gold price

[master rsi] 15/1/2018 10:44

Some good buys size are showing now on the ticker, eearlier 103K and now 77K

[master rsi] 15/1/2018 10:23

There is volume today and a bit of bounce should be on the way as Gold price has been rising lately to its high. spread 26.70 v 27p

chart with volume

[pecker1] 14/1/2018 12:23

Yes, a coiled spring in need of a catalyst. My hope is that we will soon get one with another world class drill result which expands the high grade core of the Alpala deposit - we have not had one for several months as they have been exploring to define the perimeter of the Alpala deposit.

Next on my list is an eye-opening drill result from a location outside Alpala, such as Trevino, Carmen and Aguinaga.

This would refresh the Solg story and help to attract new investors.Investors - those who are not chasing the cryptos _ are spoilt for choice at the moment as many beaten down stocks take on a new look with the rising price of gold and silver.

[kyoquot] 12/1/2018 18:59

Fingers crossed, last Monday RNS was 27 November. 'Tad compressed'..... sprayed on comes to mind lol imho.

[alwaysevolving] 12/1/2018 17:36

Chart starting to look a tad compressed. Coiled spring anyone? If Gold continues rallying we may get swept up with the POG simply based on our name alone? I have a feeling we might be about to break to the upside. IMO.

[lefrene] 12/1/2018 13:52

One has already alwaysevolving, it's Newcrest. It's a slow burn game, let the prospector exhaust themselves digging up jewels to lay at your feet, take your time choosing the best in the pile, keep the prospector close to you just in case another suitor might cast his eye in your direction. Keep prospector keen by dangling promises just out of reach. Wait for prospector to get so tired that they accept your terms. NM being an old hand will have seen this played out in the past, hence the interesting structure of sub companys that Solg controls. But until we find the ultimate holder(s) of those overhanging 180 million new shares I think we will languish at these levels.

[alwaysevolving] 12/1/2018 13:36

Lefrene, re 11611, I completely agree. Just wish one of said behemoths would hurry up and wade in and make a sensible offer for a take out. The fact that no one seems to be doing so while we are apparently sitting on such resources few of which are seemingly currently priced in leaves one to imagine “why not?” And it’s this that worries me a little.

[lefrene] 12/1/2018 12:53

If Newcrest like what they see and ploughed in money at 41p, I'm inclined to take Newcrest's view a bit more seriously than a journo who has to fill some column inches. This thing can only go as fast as holes can be drilled and assayed.

[pecker1] 12/1/2018 12:19

Mining Journal comment:



Am not a subscriber so cannot see whether their comments are justified. Roll on the PEA.

[lefrene] 12/1/2018 11:42

alwaysevolving, with the world population growing and China and India catching up with the western world and parts of Africa also playing catch-up, then one would expect there to be a growth in demand for useful metal like copper and the security of holding gold against unreliable fiat currencies.

For whatever reason Solg seems to stalled at the valuation of the declared MRE for part of Alpala, the rest of Alpala and Cascabel are in for free, never mind the other 76 tenements plus Australia and the Solomons. Solg must be on every behemoths shopping list, where else are you going to find more than a centuries worth of mining at such a price?

[lefrene] 11/1/2018 11:54

I read the teenage scribblers of China are predicting $8000 a ton copper and $1400 an ounce for gold this year. Can't do Solg any harm if they are right.

[lefrene] 10/1/2018 16:46

"Errk, Errk, pieces of eight my pretties, pieces of eight". Alwaysevolving I wonder how long it would take before the milenials realised the clock had gone right back to the start? :¬)

However if we offered a 3% 'green' bonus for those who took the environmentally and socially responsible course of leaving their precious metal in the ground, then we wouldn't have all the faff of digging the stuff out, nor any of the problems that go with employing lots of people. Instead we could build hotels and bring in eco-tourist-investors to bask in the smugness of overseeing their buried wealth whilst enjoying the self righteousness of being politically correct. They could stand on their balconies and tut tut about the poverty of the locals, the lazy so and so's. Solg should start advertising in the Grauniad straight away! :¬)

Being very rich would be a nice novelty!

[alwaysevolving] 10/1/2018 16:08

You should get that ICO’d Lefrene! Ideas like that could make you a very rich chap very quickly 🤑

[noccer] 10/1/2018 11:42

With them drilling over 300m per day I hope the labs can keep up with the core analysis. At last exploration report we had assay results pending for holes 26-D3, 29-D3, 32-D1, 33, and 34. So thats many kilometres of cores waiting to be analysed.

[onedayrodders] 09/1/2018 13:59

yep ... I feel we are losing investors who are chasing overnight retirement via cryptos ... and annoyingly some are finding it

[lefrene] 09/1/2018 12:29

The 'top up Op' is getting more generous, at this rate will be able to buy below 25p by Friday. I wouldn't put it past those nice generous Banks who put up the money at 25p to be shorting for a quick turn, knowing that they have a war chest of 180 million shares.

[onedayrodders] 08/1/2018 20:27

Indeed lefrene .. just saw the words "top up Op" an switched back to AIM mentality

[onedayrodders] 08/1/2018 20:27

Indeed lefrene .. just saw the words "top up Op" an switched back to AIM mentality

[lefrene] 08/1/2018 15:56

But what if Aguinaga gives you a rolling start by being an open pit candidate? The sooner I see drills on Aguinaga the better.

[catsick] 08/1/2018 14:28

Is an interesting read on block caving, main points being massive upfront capex to get going and a very long timeline from discovery to production,.

[lefrene] 08/1/2018 14:07

ODR, it should be renamed the '95% theft market', but relax Solg isn't on AiM any more! :¬) I guess with NM holding circa 90 million shares, he at least has some serious skin in the game, unlike most of the hired execs one gets in speculative shares. He's not in it for the salary, he has loads of money already, I think he wants to become the biggest copper miner on the planet. Go down as a legendary King Copper, and good luck to him too.

[onedayrodders] 08/1/2018 13:50

"Top Up Opportunities" if it's one thing AIM keeps giving

Perhaps they should change it's name from AIM to TUO