Solgold Share Discussion Threads

[onedayrodders] 20/3/2018 09:25

mikalan20 Mar '18 - 08:42 - 12108 of 12111

The Gold has to be studded with huge diamonds.

[5070481] 20/3/2018 08:59

THe market only attributes value once a drillable resource has been demonstrated (other than those crazy bull markets when pure potential get valued). These were very very early rock chip samples. Until a drill heads over there it is just nice to know that there is another potential drill area.

[mr roper] 20/3/2018 08:56

what kind of cash are SOLG going to need to raise to bring these assets into production? What kind of timeline are they aiming at?
I've not really looked in detail here. Are the deposits close to existing infrastructure?

[mam fach] 20/3/2018 08:53

For some reason this happens to SOLG.
Good news after good news and no upward price movement.
If anyone knows why this share is so unloved let us know.
Iv'e taken the opportunity to top up.

[mikalan] 20/3/2018 08:42

and there's me thinking this was good news. I reckon if they found a fifty ton block of pure gold the price would still plummet!

[jammytass] 20/3/2018 07:37

HIGHLIGHTS:



Ø High grade epithermal style gold mineralisation has been identified over an interpreted 10km long NW trending structural corridor linking both the Nieves and Blanca concessions.



Ø The Project is located immediately north of the Cascabel concession that hosts SolGold's flagship Cascabel copper-gold project.



Ø The Blanca Nieves epithermal gold veins are situated in a previously unrecognised corridor of gold mineralisation highlighting once again the under explored potential of the Ecuadorean section of the Andean copper-gold belt.



Ø Results from rock chip samples collected during stream reconnaissance at the Project include:



· 79.2 g/t Au, 0.98 % Cu, >100g/t Ag*, >1% Zn* Nieves

· 6.7 g/t Au, 0.15% Cu, 59 g/t Ag Nieves

· 2.99 g/t Au Nieves

· 2.23 g/t Au, >1% Zn* Nieves

· 18.75 g/t Au Cielito vein - Blanca

· 17.05 g/t Au Cielito vein - Blanca

· 4.93 g/t Au Cielito vein - Blanca



* = Overlimit assays are pending

[mrpiggy] 20/3/2018 07:33

There's GOLD in them there hills!!!!! :@)

[mrpiggy] 19/3/2018 18:40

Was meant to read......Without a shadow of a doubt high grade near surface ore in large volume at Aguinaga will set this share alight.

[mrshaungcm] 19/3/2018 14:28

mid pm perkyness

[pecker1] 19/3/2018 11:47

Mrpiggy,

I would not want to argue with your gut but think it would be premature for Solg to engage in M&A: we are on the eve of Aquinaga drilling and confirming if Alpala stretches to Trivino and Moran. And they have yet to locate the rich core of Alpala they say is there, nor have they put a drill in Tandaya-america which looks very promising.

That said, the Cascabel project will soon be moving into more of an exploration and development phase. I doubt the Solg share price is getting any value from its other Ecuador exploration activities.

So it could make sense to follow Cornerstone's example and hive off the Ecuador activities outside Cascabel and those in Australia and the Pacific Islands into a separate exploration company, with solg keeping say a 35% stake. Those hoping for a repeat ten bagger could be attracted by the much smaller market cap and huge upside potential.As an existing solg shareholder, I would expect to be given a slice of new company shares in proportion to my Solg holding.

[lefrene] 19/3/2018 10:25

If there are any potential offers being discussed at this time, then I would expect chancers to be making very low offers on the basis that they know Solg has a finite cash pile which it is eating at a rate of knots. For Solg it's a race against the cash pile to prove there are a lot more cookies in the tin than expected, and that the shelf on which the cookie tin stands has been lowered. Hence much depends on Aguinaga, is it rich enough? It will plainly be much cheaper to begin extraction there.

Until the ultimate holders of those new shares come to light I doubt that we would see any news re a potential buy out. I think good news will be held back until those new shares are in free float. Only a couple of weeks to go now, eventually the value here will out.

[onedayrodders] 19/3/2018 10:12

Looks like a pretty dull day in the markets...volume tiny

[mrpiggy] 19/3/2018 09:32

I still believe an offer is being finalised lefrene but that's just my gut feeling (rarely lets me down)!Either way we have very exciting times ahead! ;@)

[lefrene] 19/3/2018 09:23

I suspect it will be April before any fresh news comes along Mrpiggy, and then perhaps several things at once. An MRE, progress at Aguinaga and we might get to learn who holds that 180 million new shares. So two more weeks of games being played, perhaps one last big attempt to shake out weak holders?

[mrpiggy] 19/3/2018 07:11

And still no RNS?

[onedayrodders] 18/3/2018 17:48

Lundin Mining's Shopping List (sorry no link)

Swedish billionaire Lukas Lundin is in the market looking for deals via his copper company, Lundin Mining, which boasts a (C$6.4bn) $5bn market cap. Bankers and insiders talk through six top targets:

Nevsun Resources
Lundin Mining has previously clashed with Vancouver-based Nevsun, bidding against each other in 2016 for the huge Timok copper discovery in Serbia. Nevsun won, paying $440m, but has since undergone an overhaul and its new management is not opposed to the idea of a deal, say sources involved. BlackRock, one of Nevsun's two largest investors, also usually errs on the side of industry consolidation. Nevsun's C$925m ($707m) market cap is easily within Lundin's reach, Timok has huge upside and Lukas Lundin is one of very few investors with the stomach to tackle Nevsun's other key asset, its Bisha gold mine in Eritrea. The main query, bankers say, is whether Lundin would prefer to avoid £frontier geographies.£
Boliden
Lundin could keep it an all-Swedish affair by merging with Stockholm-based Boliden; its copper-zinc-gold mines in Sweden, Finland and Ireland would mesh with Lundin's footprint in Sweden, Finland and Portugal, whilst Boliden's market cap of 81bn Swedish krona ($9.8bn) would give the combined group added scale and liquidity, allowing Lundin to quietly exit, if he wanted to cash-out of a deal. £If Lukas goes around saying he's a buyer, he's probably a seller,£ one broker says. £We're reasonably mature in this cycle and Lukas is one of the best sellers in the business.£

First Quantum
With a C$14.6bn ($11bn) market cap, First Quantum is way out of Lundin's immediate reach, but senior sources say a deal is possible. Lundin has previously gone after First Quantum's $6.4bn mega project, the Cobre Panama copper mine, due to enter production this year. First Quantum's founders are now edging into their seventies and the company is being shopped around, so a merger could finally happen, marrying Lundin's industry-leading engineers and his political savvy with the world's largest and most complex new mining asset. First Quantum's market cap is three times bigger than Lundin Mining's, but the Lundin family has $1.5bn in cash, plus extensive access to borrowing.

Imperial Metals
Imperial, which is backed by Canadian oil sands magnate N. Murray Edwards, produces over $200m of copper each year, plus around $100m of gold from two mines in British Columbia, Red Chris and Mount Polley. It has low costs, scope to expand and its equity plus debt would cost Lundin around $1bn, but Imperial comes with cleanup costs after a tailings breach at one of its operations three years ago.

SolGold
One asset that Lundin Mining's CEO Paul Conibear is weighing-up is Cascabel in Ecuador, a billion tonne copper discovery owned by Brisbane-based SolGold. A deal has obvious logic: Lukas Lundin knows Ecuador inside-out, having recently landed a tax deal with the government over the Fruta del Norte gold deposit, owned by one of his other companies. But Conibear, who has built Lundin Mining into a steady-eddy outfit, reflecting his own temperament, is likely to avoid the technical risk of an ultra-deep deposit only newly discovered.

[mrpiggy] 17/3/2018 08:41

Correction, just click on the link!

[mrpiggy] 17/3/2018 08:39

https://static1.squarespace.com/static/560a5feee4b0a63bf47c76f5/t/599f68a046c3c4e2c7cd8465/1503619240267/best+pubished.PNG?format=750wIf you copy and paste this link into your search it gives a table of the best 34 world class drilling intersections found and shows that we have 4 in the top 15. Nick Mather has stated on several occasions that we have yet to find the high grade core of the porphyry system at Alpala..... I wonder where that will fit in the table?

[celeritas] 16/3/2018 22:34

What is it, 10 Escodido's are needed by 2027 to keep up with demand. There not a chance production will keep up with demand, copper is going way higher.

[mrpiggy] 16/3/2018 18:11

ODR, general rule of thumb to see if we are in an uptrend is to take a look at the 3 month chart, if it shows steady rises (not a spike) & we are higher than we were 3 months ago then you can say we are on an uptrend!As for the poor grades it's a known fact that some of the most profitable mines in the world have low grade ore but like us we do have volume(volume is the key!).Some of our ore grades from certain holes rank as some of the best ever found but on the whole we are average. I strongly believe that once cascabel has been proven up we will have the biggest ore body found to date!Hope that's useful!Have a great weekend all :@)

[5070481] 16/3/2018 09:29

Some informed posters on here. WOrth having a read and seeing their assmeents of our various RNS this year.