Solgold Share Discussion Threads

[lefrene] 27/6/2018 16:02

And yet again a day with good news looks likely to end up in the red. Don't tell me that the price isn't being worked by vested interests!

[alwaysevolving] 27/6/2018 15:04

One day.....

[mam fach] 27/6/2018 14:21

Hang on just a little bit longer.
One day share price will reflect true value.

[lefrene] 27/6/2018 12:54

The drill results indicate how much stock we have in the warehouse and the quality of it. That represents the potential borrowing capacity towards the cost of extraction. Eventually the dam will break, simply too many positives, the current share price I feel represents the deviousness of those who really want this. I guess NM has seen it all before, it's far too good an asset to give away to a greedy cartel. So get yourself into a position where the asset is bankable and then borrow to mine it. Once the other players realise you are serious about it and able to do it, then one might see a difference.

[mrpiggy] 27/6/2018 11:56

We don't get any lift whatsoever on drill results anymore, what the market wants to know is how are we going to finance getting it out of the ground!In some respects drill results are bad in that they always seem to bring the share price down no matter how good they are sadly! :@/

[lefrene] 27/6/2018 11:18

All those strange little trades again, what is it about?

Seems NM is going to delay an MRE update until it fits into some other plan he has in mind, so my guess middle of September before we see anything, no point in putting out juicy stuff when the big hitters are on holiday. We have more than double the drill cores available now than we had for the initial MRE, and the words "substantial" "high grade" and "continuous" to keep the home fires burning.

[onedayrodders] 27/6/2018 09:28

Give them time lefrene, they will

[lefrene] 27/6/2018 09:18

Something must be wrong, yet another rns with 'bigger better' and they haven't marked it down.....................yet.

[onedayrodders] 27/6/2018 08:38

Well I think there will be a lot of round number stops at 20p so personally don't want to test that

[mam fach] 26/6/2018 17:11

This is being talked down to 20p. Obviously this is keeping buyers away.
Let's just get it over with it so we can start he next leg up.

[lefrene] 25/6/2018 11:37

I'm not smiling either Mr piggy. No doubt NM is doing his best on the ground, but I think all interested parties know there is plenty of mineable ore, and they just keep finding more of it. Just how long does it have to take to get an updated MRE and a feasibility study up together? I suppose if that windfall tax is dropped about the middle of July, then that would be as good a time as any to feed the troops.

[alwaysevolving] 25/6/2018 11:35

It needs to just go to 20p and have done with the daily BS ffs.

[mrpiggy] 25/6/2018 10:31

Nice one lefrene... made me giggle (unlike the SP!).

[lefrene] 25/6/2018 09:03

Mrpiggy, it's the share holders that are going to need that defibrillator before long!

[mrpiggy] 24/6/2018 21:27

Haven’t seen that one shakester2, that RNS should give the share price the defibrillator jump start it needs!
That will increase M&A interest too , once the copper price goes past the $3.50/lb mark a major will jump!

[shakester2] 22/6/2018 21:38

apologies if posted already but link put on Twitter by SOLG;..Windfall Tax - A bill has been expedite to remove the windfall tax, and should be approved in the next 30 days... (June 4th)Https://investingnews.com/daily/resource-investing/ecuador-renaissance-mining-attractiveness/CascabelOne of the hottest stories in the junior mining sector in 2017 was about Sol Gold, which is developing Cascabel, its porphyry copper-gold deposit, located in the Imbabura province in the northwest region of Ecuador.Cascabel is a great example of the mineral potential that exists within Ecuador. Clearly, investors are attracted to Sol Gold with their high-grade copper over wide intervals, such as that which was found in Cascabel Hole 12 and produced an interval of 1560 meters at 0.93% CuEq, or Hole 9, which produced an interval of 1197.4 meters at 1.16% CuEq.Are mining investors avoiding Ecuador? Glancing at Sol Gold's stock chart, I think the answer is no. With Ecuador's push toward change in its hard-rock mining policy, and what looks to be world-class mineral potential, investors are clearly interested in the risk to reward potential.

[markth126] 21/6/2018 21:46

Pleased I was in ggp too , relieves the monotony here!

[lefrene] 21/6/2018 15:49

Yes there is that consideration alwaysevolving :¬) Though presumably NM expects to reap his rewards whilst still alive? The obvious banana skin though is the cash burn and the inevitable dilution unless NM has sold Alpala or indeed all of Cascabel by then. But first they need the MRE+feasibility study so the beancounters can make a case to raise funds to exploit the site. Will the much hyped forthcoming copper crunch just turn out to be teenage scribblers twaddle? I do hope not!

[alwaysevolving] 21/6/2018 14:51

Just hope that’s in our lifetime Lefrene?!

[lefrene] 21/6/2018 14:15

Trumps gamesmanship will likely have people deciding to stand on the sidelines until things become clearer. Solg is a straight forward asset play, but lately have got behind in keeping up with the talk. The share price might be sinking but the metals being found are growing all the time. It's anyones guess as to how low it will fall, but those with the cash will just keep building positions, because at some point some miner will just have to have it.

[onedayrodders] 21/6/2018 13:24

no consolation but I'm seeing weakness everywhere in small to med caps

might be the old sell in May and go away phase

[lefrene] 19/6/2018 16:38

The MM's need trade, so it isn't going to sit still for very long ODR. I dare say those in the know understand how to trigger bots just to get some volume, it doesn't matter which way the price is going, it's the trades that make their earnings.