Solgold Share Discussion Threads

[lefrene] 28/3/2018 12:23

I guess Solg keep drilling and we hopefuls keep waiting. No point in Solg being too keen to sell just yet as they seem to keep finding more and more of the resource. As each MRE update arrives the story will get stronger, it would be very nice to see a bidding war just as the copper market tightens :¬)

[mam fach] 28/3/2018 11:17

Don't give up.
I am still confident this is a share with fantastic potential.
When the upturns comes it will be swift.
Been depressing to see it fall from 46p.
SOLG hasn't benefited from moving to main market which is strange.

[lefrene] 28/3/2018 10:50

Well 25p by close tomorrow looks most unlikely now.

[mrpiggy] 27/3/2018 12:57

Great scenario either way lefrene!I'm certain that given a year or two cascabel will change from one of the biggest finds in decades to the biggest ever found!Let's just sit back and see who is going to make us wealthy! (Win win situation)!

[lefrene] 27/3/2018 12:25

I suppose the end game here hinges on whether somebody wants to buy the biggest copper find in decades and is willing to pay a sensible price, or whether NM takes it to full financial "bankable" feasibility study, and then sets out to mine it himself. So do you wait and hope to get the benefit of that feasibility study before bidding, or do you fear others beating you to the prize and make an earlier bid?

I shall be pleased to see the 180mn shares out of purdah, at least that mystery will be out of the way, I hope it will improve the sp, but impossible to say. In the meantime they just keep on finding more and more copper, will there turn out to be 20 million tons of it altogether in Cascabel?

[mrpiggy] 27/3/2018 10:45

Hmmm, let's see if your overhang theory plays out lefrene, looks unlikely at this point but we will have a better idea by close of play!Maybe the shysters have finished and the selling is tax selling!

[celeritas] 27/3/2018 10:27

This is very similar to sxx, once the boys are sorted just like sxx at 21p after falling from 35p

[mrpiggy] 26/3/2018 14:06

What's the streets take on today's RNS FSA Watcher??Do you have any nuggets of wisdom for us?

[onedayrodders] 26/3/2018 13:28

I'm not sure near surface discovery or anything apart from a bid will get tgis going short term. Whatever is anchoring us be it lefrene's theory or otherwise is ensuring we are going nowhere until we are "allowed"

[lefrene] 26/3/2018 13:23

What are the odds of this getting to 25p by close Thursday? If so would theories about price manipulation be justified? ie, if the buyers at 25p have employed instruments to profit from their 180mn, will they need to balance their books before April cometh.

[lefrene] 26/3/2018 09:46

Yup, there's 180mn shares hanging over the market, and a bunch of vultures who would like to get Solg for next to nothing.

[mam fach] 26/3/2018 09:34

Pity as long term holders we can't encourage others to see potential.
Good news with every RNS price doesn't move.
Dare I say disaster after disaster with UKOG and price creeping up.
Something is wrong somewhere!

[5070481] 26/3/2018 09:31

Yep. Great to see that the analysis is producing good targets for drilling but would have been better if Aguinaga could have been mined a bit easier. That was certinaly what the expectation had been in teh market i suspect.

[lefrene] 26/3/2018 09:25

Oh dearie me, more good news, how utterly dreadful!

[mrpiggy] 26/3/2018 08:57

Another great RNS and it's great that strong mineralisation has been found at Aguinaga but sadly it is not at the surface as we had hoped.... Mr Market would have really liked that!

[fission453] 26/3/2018 08:39

Nope bloody frustrating!

[smoothtrader] 26/3/2018 07:56

The news just better and better. Wonder if the share price will raise as a result?

[paleje] 24/3/2018 08:02

Why invest in Solgold? Nick Mather's last comment is very succinct, says it all.

[mrpiggy] 23/3/2018 08:31

How the hell can this be a regulated market? ......it's controlled by thieving scum!!

[pecker1] 22/3/2018 19:43

The chart is a shorter's/ momentum trader's dream. Because of low volume it only takes at the margin deals to knock this down. End of year tax selling to book profit/loss just helps the shysters.

Most of these seller guys wouldn't know anything about Ecuador/fundamentals etc and neither would they care.

The question really is do enough shareholders plus watchers have an Aguinaga war chest ready and waiting to buy if the drill results come through as hoped?

[mrpiggy] 22/3/2018 16:25

Hmmm, it seems to have bounced off 22p on several attempts but it looks like that's broken now. This will all be of small avail in a few months time when we are in an uptrend!

[lefrene] 22/3/2018 13:30

Having another go at running them down. I wonder who demanded that those 180mn new shares be held off market until April? I can't see there would have been any benefit to Solg's directors, so why would the banksters want it? How would they benefit? Will there be a cheapo smash and grab before the preliminary estimate comes out, or before good news from Aguinaga comes out, or will it all combine the day after those shares become tradable?

[lefrene] 22/3/2018 12:32

Mrpiggy, I don't think there are any significant short positions in the open market, they don't show up on 'Short Interest Tracker'. I suspect that whoever holds the rights to those off-market 180mn will have created forward contracts at perhaps circa 33p to get an instant profit. If that happened then it would be in the interests of whoever wrote and sold those contracts to do their best to work the price down, either so that they are not called upon to deliver, or so that they can accumulate more stock at below cost. Although I presume if they were accumulating on any scale then it would have to be declared, but then the recent move on Daimler-Benz shows that large positions can be created in an 'off balance sheet' manner if an entity is determined to do so.

Another week or two and perhaps a light will be shone into the dark corners? It's very curious that some of the good news that has come out in recent weeks has done nothing but depress the sp, I suspect dark arts by dark Bankers.

[lefrene] 22/3/2018 11:53

We should also know the home of those absent 180mn shares by then.