Solgold Share Discussion Threads

[alwaysevolving] 08/6/2018 19:18

Yep Lefrene, makes one wonder what the problem is here when the share price creeps down or stays flat on great news after great news.

The only consolation being that all this pent up news could/should/may/will explode the share price (much) higher once we get a serious bid for the lot or a decent sale of some of the proved assets?

Just my thoughts as the situation seems rather perplexing at the mo.

[lefrene] 08/6/2018 16:01

Another week with only tumbleweed rolling past the saloon swing doors. Who'd think that the Alpala site had increased in size, or that gold deposits were being found on other sites.

[mikalan] 08/6/2018 08:50

Heavy volume today. Already 500 shares in the first 3/4 hour. That's over £100!

[onedayrodders] 08/6/2018 08:31

What's Copper got to do with SOLG ?

[lefrene] 07/6/2018 16:50

Copper now $3.30lb, obviously utterly irrelevant to Solg. That's a 10% hike in just a few days, is it market gamesmanship, or is it a sign of genuine demand?

[jlondon] 07/6/2018 14:45

Vox Market Podcast today, Thur 7 June 2018

Mr Peter Bird, CEO of Asiamet Resources was interviewed and he mentioned Wafi Golpu and CASCABEL. Mr Bird has a lot of interesting things to say about the copper market and the supply side and that the tutes are turning over etc. Mr Bird is talking to partners for their Beutong project so it would appear that the market is interested in JV for copper. So, it would appear that Cascabel is now well-known in the market.

No surprise why 12 majors want to do business with Solgold as previously posted from an article.

[lefrene] 07/6/2018 12:32

Gold back over $1300 and copper smartly up in the past few days to $3.27lb, not of course that it has any relevance at all to a business sat on vast reserves of the stuff!

[jlondon] 07/6/2018 12:17

SOLGOLD RNS, Thur 7 June 2018 re: Southern Ecuador, LOJA REGION.
Quote: "Solgold is targeting the discovery of a SIGNIFICANT gold deposit at Cisna LOJA based on the extensive system and widespread ore encountered in sampling."

BRAMADEROS, LOJA REGION, SOUTHERN ECUADOR
Sunstone [ASX] is waiting for permit to drill. CEO is Mr Malcolm Norris and Dr Bruce Rohrlach, ex Solgold.

Article:
"Sunstone on the cusp of MAJOR COPPER GOLD FIND in Ecuador as drill permit looms."-Livewiremarkets.com [Australia]

"Sunstone on the cusp of MAJOR DISCOVERY."-MiningNews.Net ["Mr Norris: Ecuador is absolutely booming."

"Bramaderos-in the hunt for gold and copper in Southern Ecuador. Bramaderos could host MULTIPLE LARGE AU-CU DEPOSITS. We are drilling up targets." Minerga 15 Magazine. Link from Cornerstone Resources of Canada on their website.

Comment:
To see the said articles go to Twitter and in the Discovery Window type: "SOLG"
Need to check how close is the Sunstone/Cornerstone Bramaderos LOJA Region-S.Ecuador property and Solgold*s Cisna LOJA-S. Ecuador property.

[onedayrodders] 07/6/2018 10:21

Yep ... I guess this is now a game of patience until bid turns up and hopefully BOOM.
Not a particular scenario I usually follow.

[lefrene] 07/6/2018 10:13

Nope ODR it would need a gusher of Coca-Cola to do that.

[onedayrodders] 07/6/2018 10:08

Maybe if they announced they had found no gold or silver whatsoever the market would take that as a positive.

[onedayrodders] 07/6/2018 10:07

Thanks Trev for the explanation

[lefrene] 07/6/2018 09:55

Heavens more dratted gold, when are we going to reach the seams of toffee marshmallows and ice cream? Then the share price will go up!

[noccer] 07/6/2018 09:54

Getting a free geology lesson with this investment. Porphyry - large deposits, low grade, can go very deep, very important commercially. Epithermal - smaller deposits, higher grades, nearer surface found near porphyry. So the gold RNS is epithermal, could be good grades and might include other metals such as copper and zinc as well as silver and gold.

Think thats right.

[jlondon] 07/6/2018 09:01

Solgold has just tweeted an article from Mining Journal. Headline: "Solgold sees intense visible copper."

Quote: "Solgold says it is intersecting "INTENSE VISIBLE COPPER SULPHIDE MINERALISATION" as it looks to GROW the Alpala resource and identify a SECOND PORPHYRY deposit at its 85% owned Cascabel project in Northern Ecuador."



Comment: Mining Journal*s article relates to yesterday*s RNS, 6 June 2018. This morning there has been another RNS.

[trev1223] 07/6/2018 08:52

Incredible find. 1g/tonne of gold is very good. 15.25 g/tonne is once in a lifetime find. share price goes down ??????

[noccer] 07/6/2018 07:19

Yes, Mirabeau, I think its part of his strategy. At least I hope it is part of his strategy.

[mikalan] 07/6/2018 07:14

Oh no! Yet more Gold! share price likely to tank!

[mirabeau] 07/6/2018 07:14

Tough going here at present -

Mather's strategy should be to 'prove-up and sell on'. His commitment to take Cascabel to mining will dilute the company into oblivion though this 'commitment' may be part of his strategy to prevent an opportunistic offer

[noccer] 07/6/2018 07:12

Interesting RNS. Maybe don't need to change the name to Solcopper after all.

[jlondon] 06/6/2018 21:34

Solgold - Hannan & Partners Broker Note just out on
Wed 6 June 2018 ["Hannan & Partners - Solgold - Continued Exploration Success." 21 mins ago.

["..focused on Alpala and Aguinaga. The H & P team has been on SITE THIS WEEK - we will provide a detailed update in due course."

Hannan & Partners are an Independent Investment Bank specialising in natural resources...Mr Hannan is ex J.P Morgan.

[jlondon] 06/6/2018 20:27

"Solgold shares jump on Ecuador drilling featured in @mining." 21 mins ago, Wed 6 June 2018 [Time now 8.30pm]

[jlondon] 06/6/2018 18:06

Cannacord Genuity note just out. Google "Hotcopper DGR" relating to Solgold. 6 June 2018