Solgold Share Discussion Threads

[mrpiggy] 12/2/2018 09:31

Morning all, it's nice to see that all has remained civil on here despite the down trend!Hopefully we have turned a corner(I guess we will find out for sure this week)!I notice last week on LSE it was de- ramp city!Q. Why would someone slate SOLG and spend time and effort telling holders that they can expect further falls without backing it up with any evidence?A. Because they think SOLG is a great company but they are wanting a cheaper entry price.... they don't fool anyone!!

[pecker1] 11/2/2018 19:38

ODR,

Thanks for posting the Solg clarification. Unfortunately there is a typo saying there are 6 million tons of contained gold - I wish!

Hopefully they mean 6 million oz of gold in the indicated category and 6 million inferred.

[onedayrodders] 11/2/2018 19:19

Hhmnn not sure if posted already but looks like TSX have forced SOLG to amend reporting last Friday

[onedayrodders] 10/2/2018 11:37

not directly linked but an excellent explanation of what is going on and a breath of fresh air compared to the rubbish on CNBC etc.



Ultimately this will boost gold and commodities

[master rsi] 09/2/2018 11:05

The bounce back from the last couple days goes on today on looking at the order book
once again is strong like yesterday on the bid side on trades and sizes

DEPTH 17 v 12
bid 21.80p with 170K
offer 22.35p with 20K

[pecker1] 08/2/2018 21:02

mrpiggy,

Useful post on the LSE thread the other day revealed that the average short position on Solg (Euroclear stats for loaned stock) in January was 14 million shares. Very small in relation to total shares but enough to make a difference at the margin in low volume trading on the way down.

So if we do get a turn up like today that persists we should get quite a boost from shorts closing on the way up.

[onedayrodders] 08/2/2018 20:00

I'm thinking big lefrene !

[mrpiggy] 08/2/2018 18:14

Like you I just get the feeling that an outside body has manipulated us to yesterday's low but I don't think we will have to wait long to find out why!

[lefrene] 08/2/2018 17:54

Mrpiggy, one can never tell (unless an insider) why prices move or why an individual makes a particular choice.

I see some O trades, 50k and 100k sells, could just be people clipping it for a few hundred quid having noticed it was on new lows yesterday and took a punt?

One odd thing that does stand out is 10 x 5000 AT trades (algorithms?) at 14:48. Is that a machine trying to drive it lower? Seeing as it didn't work, are the other machines concluding that the tide has turned? Gawd knows.

[mrpiggy] 08/2/2018 17:41

I'd appreciated your thoughts on today's price action lefrene. To me selling when it was very clear we were bouncing off the bottom made no sense whatsoever so why would PI's sell.... especially this afternoon when it was clear we were on our way back up!Then there was a machine gun attack of identical small sells followed by a large buy!I'm half expecting an RNS to drop which will explain why we fell 20% below our placement price which is really unusual.

[pecker1] 08/2/2018 15:11

Robert Friedland on copper demand to warm us up:

[paleje] 08/2/2018 14:57

It does look to be in a state of flux, confidence seeping back slowly testing the water.

[mrpiggy] 08/2/2018 13:45

Volume picking up today lefrene which bodes well, all the bottom feeders will be jumping back on board!

[lefrene] 08/2/2018 13:31

My screen is playing up, I can see blue!

[mrpiggy] 08/2/2018 13:29

I'll remind you to hit the sell button when we hit 40p then mark!

[trev1223] 08/2/2018 13:12

Up 7.05% today

[markth126] 08/2/2018 12:59

When you all wake up drowning in your bowl of cornflakes let me know! I'd take 40p for the lot now

[mrpiggy] 08/2/2018 12:12

Well lefrene, I'm thinking £1.25 / share for cascabel + bonus shares in the major buying cascabel!

[lefrene] 08/2/2018 12:07

We'll sell Cascabel for the equivalent of 125p per share and still have 77 other plots to exploit + Oz and Sol Isles. That's what I want to drink to! Think bigger Rodders :¬)

[onedayrodders] 08/2/2018 10:50

"rather than fall to 10p it is more likely to rise to 70p."

I'll drink to that :O)

[mrpiggy] 08/2/2018 08:17

It would surprise me for one mknight, the last months falls were primarily caused by traders hanging on for an offer from bh billiton then moving on to pastures green when they realised it wasn't happening any time soon. In my opinion the share price has now stabilised and rather than fall to 10p it is more likely to rise to 70p. I'm assuming you are waiting for an entry price and if the share price remains stable over the next few days then jump in!

[mknight] 07/2/2018 21:20

Btw . As there are very few buyers i believe the share price could drop to 10p .looking at the chart it would not surprise anyone