Solgold Share Discussion Threads

[mrpiggy] 17/4/2018 08:24

Although your 7.55 post sounds a bit negative it is 100% factual and it is impossible to disagree with facts!Hopefully we will break the trend of going down on fab drilling updates knowing we have a dozen majors drooling over Cascabel!

[5070481] 17/4/2018 07:54

The pattern of late for finding more copper and gold has been to see a drop in price... never quite understood it other than the grades not being as headline grabbing as some previously. Still constrained by a down trend that knocked us back after last weeks rise. Again though this should underpin current price at the very least and let us attack the trend line again from much closer.

[smoothtrader] 17/4/2018 07:44

Todays RNS reads well in particular"Assay results from the initial 53,616m of drilling at Alpala were incorporated into the Alpala maiden Mineral Resource Estimate (MRE) completed in December 2017 and announced on 3 January 2018. At least 45,500m of further drilling has been completed at Alpala since the development of the maiden MRE, and the Company is optimistic that such drilling will result in significant resource growth when incorporated into a revised MRE"So they've double the drill depth since maiden MRE... Resulting In significant growth.Very appetising.

[mrpiggy] 17/4/2018 07:16

Oh damn it...... one of those pesky RNSs telling us we have shed loads more high grade copper ore at Alpala and probably as much ore at Aguinaga!! ;@)

[nicksig] 17/4/2018 07:14

More good news

[onedayrodders] 16/4/2018 14:55

Only a century ? crikey I'm out

;o)

[lefrene] 16/4/2018 14:22

ODR, Solg is looking like it has more than a century's worth of mining at just one site. This will take the site through several economic cycles. Given world population growth, the inflation of dodgy fiat currencies and the apparent global move towards electric everything, I feel that copper's future is secure unless something new is invented to displace it.

In the near term news is required to confirm that all is heading in the right direction. The current price seems based on Cascabel, a bit of news from some of those other sites wouldn't go amiss. So will something happen this week?

[mrpiggy] 16/4/2018 13:43

Red day me thinks, once again the bid hasn't moved but the ask dropping!Very low volume as investors wait for news on multiple fronts!

[onedayrodders] 16/4/2018 10:49

good article Mr P

Fortunately big miners plan a few years ahead ... better to show your hand before the deficit bites and not after.

[ssrover] 15/4/2018 18:40

o/t PANR will bounce hard tomm from its oversold position. Broker upgrade also in the FT yesterday .

[ragewarrior] 13/4/2018 17:16

Looking good now...?

[mam fach] 13/4/2018 16:23

We all know we are due an upward spiral.
Can't keep share price down much longer.

[mrpiggy] 13/4/2018 14:25

I concur Brahmsnlist, yesterday was worse..... I don't think it moved all day!

[brahmsnliszt] 13/4/2018 14:17

does feel that someone is sitting on the bid.

decent volume


[IMG]

[mrpiggy] 13/4/2018 10:53

Good morning all, we must be due an MRE update on Alpala any day now..... that should power us along nicely and add pressure to the dozen majors looking on! ;@)

[lefrene] 12/4/2018 16:33

Demonstrating that they have the ability and will to go it alone means that an interested third party will have to pay a serious price. Not the helpless heiress unable to manage her assets and casting about for a rescuer, but a capable and independent operator in need of no one, unless they make an offer too good to refuse. That will be the path NM will take, it's the way to get best value for the assets, even if it takes longer.

[lefrene] 12/4/2018 15:41

I hope 'going it alone' is because they are discovering much larger quantities of metal across Cascabel than they expected to. Thus as the MRE unfolds, and feasibility studies are projected we will see Banks happy to lend.

[lurker5] 12/4/2018 13:21

You could almost say 'going it alone - "because of Partner interest"

[mrpiggy] 12/4/2018 12:47

Click on this post copied from a poster on LSE, that answers your question.