Solgold Share Discussion Threads

[dmitribollokov] 28/11/2018 15:30

Really excellent webinar. So much good stuff in it.

[mam fach] 28/11/2018 15:06

Time will tell where price goes from here.
Not ramping only voicing my opinion.
Holding on to my shares.
GLA

[dmitribollokov] 28/11/2018 14:41

"jerryspaniel28 Nov '18 - 14:34 - 13982 of 13982
0 0 0
DGR is NM!!"

Ha yes sorry, just quickly going through my bbg holders list, you get what I mean though.

[jerryspaniel] 28/11/2018 14:34

DGR is NM!!

[dmitribollokov] 28/11/2018 13:34

Mirabeau

So they can't aggressively go and solicit shares from other shareholders without the company's consent - ie go to Blackrock, DGR etc and work out a level they can get a stake to force a takeover.

They can however work with the company on an acceptable level and terms that the acquirer can then offer to buy the stock from the current holders.

Ie in friendly takeover SOLG can say yay or nay. Hostile takeover can be done without SOLG being able to day or do anything about it.

[mirabeau] 28/11/2018 13:12

cheers - lefrene

[lefrene] 28/11/2018 13:03

Mirabeau, I would think that the likes of Newcrest and BHP already have a very good idea of the costs involved in starting extraction at Alpala, the PEA would seem more of an exercise to provide 'proofs' of viability to potential lenders. I assume that extractors will want to fund as much as possible of the project with borrowings. The lenders will need confidence that the metals are really there, and that the start up costs can be recovered as swiftly as possible. Hence, not only has NM got to prove that Solg has something to sell, but he also has to smooth the path of would be buyers towards potential lenders. No doubt a lot of long faces will make sagacious noises as they crank up the interest rate, unless of course the mythical copper shortage beast hoves into view, and then it's off to the races :¬)

[mirabeau] 28/11/2018 12:59

db - Cheers but how would be know the difference between what is hostile and what isn't? A bit of clueless on this point! Appreciate any insights

thanks

[5070481] 28/11/2018 12:52

THey are confident of PEA early Q1. Lets not just ramp adn through our daft nyumbers. It will not be 90p after a PEA. It is preliminary and many of the economic advantages of teh site are already know and out there.

[dmitribollokov] 28/11/2018 12:51

The standstill agreement only pertains to hostile offer, it doesn't preclude them making an offer that isn't hostile...

[mirabeau] 28/11/2018 12:50

The Standstill Agreement's popped the bubble somewhat. The market was hyped up on expectations of a massive offer and then the BHP-SOLG agreement killed that dead so now it's back to waiting...I bet there's many more twists and turns here

A third party bidder would be nice but let's see what happens to :

1 - Cornerstone (CGP) - who's gonna swallow up our partner?
2 - the PEA for Alpala should put a real, commercial value on what we have at Alpala-Cascabel

[dmitribollokov] 28/11/2018 12:22

hxxp://www.redcloudks.com/rcks-events/solgold-exploration-update-live-webinar

Register here

[mam fach] 28/11/2018 12:01

My thoughts price should be 45p now.
With PEA 90p min.
We're all fellow travellers here with same objective.
Stay with it.

[mknight] 28/11/2018 11:25

How can we listen to the webinar and what time please .

[zeusfurla] 28/11/2018 11:18

Hi mam Looks like more than 50/50 for a PEA. I remember reading on another junior miner board (I suppose that's not us now!) a while back that a popular time for bids to appear is between MRE and PEA. The buyer MAY get a cheaper asset. We only need one bidder to start the conversation and I've said consistently that we are likely to have one in the next 2/3 months. I'm expecting a really positive webinar later today - well worth tuning in for.

[mam fach] 28/11/2018 11:12

Does anyone think we will have PEA announcement this year?
Doubt anything major will happen before this.
Happy to be proved wrong.

[bmnsa] 28/11/2018 10:05

Higher all the time :)

[mknight] 28/11/2018 09:54

Seems to me like the day traders have been selling down from 43ish .when they re enter some will get in cheaper and some will have to pay more.

[bmnsa] 28/11/2018 09:45

Rumbles from said volcano with flares showing this AM.

[mam fach] 28/11/2018 09:33

But you do feel the volcano is bubbling.
Eruption soon.
Have to keep the faith.
Been here long time.

[onedayrodders] 28/11/2018 08:57

Still treading water again today

:o/

[bmnsa] 28/11/2018 05:38

Bag as many as pos before the crowd arrives.

[bmnsa] 28/11/2018 05:33

TBH IMO we will be very rich in a very short time.Buy Out is being mentioned.Just keep adding on the QT.