Solgold Share Discussion Threads

[sogoesit] 07/1/2019 10:21

I find it difficult to get my mind round a complete take-over of the company given that they've hardly started on most of the prospects/projects and that would be difficult to price.
Sure, a sell-down, or partial sale of Cascabel, would be a possibility but even this would come as a "financing" deal imv and who would want to make a price for that before the PEA is announced to the market?

[5070481] 07/1/2019 09:20

For whatever reason it does look like there is a seller keeping a cap on this. I think its anyones guess as to why. You would think a forced seller would be more clumsy. PEA the most likely thing to shift this you would think. If the speculation about imminent takeover is correct (which i am a little sceptical of)then NM will be pushing to get that out as soon as possible if he can. This i still think the next RNS will be that rather than increased stakes by anyone.

[pob69] 07/1/2019 09:08

Regarding potential concerns outlined at

it's worth noting the comments in the recent $SOLG $SOLG.L Solgold $CGP NI 43-101 Technical Report #ecuador

"Page 24: The Project area is characterized as having a patchwork of remnant mature tropical forest interspersed with disturbed forest and cleared/agricultural land. The nearest protected area is the Cotacachi Cayapas Ecological Reserve, which lies approximately 20 kilometres to the southwest,
and is well outside of the Mira River catchment and watershed."

[mam fach] 05/1/2019 15:31

Nor me. Quite happy holding on to Solg.

[jerryspaniel] 05/1/2019 14:11

Me neither!!

[cool hand kev] 05/1/2019 13:30

Any of you guys considered getting into EUA ? More upside there than here IMO

[mam fach] 05/1/2019 13:17

Think we might be bombarded with Rnss next week.
Looks like someone is preparing a bid.
But that's only IMHO.
Certainly interesting week ahead.

[alwaysevolving] 04/1/2019 22:01

Think you may well be right there Mknight re a bid. It certainly seems to be being held back for a reason?

[mknight] 04/1/2019 18:43

Yes indeed

I am sure NM will release another regional jackpot next week .

He gets the share price up they push it back down again bid before PEA seems odds on now.

I think I will add a few on Monday morning before NM tells us of another regional jackpot .

[mam fach] 04/1/2019 18:23

Dark forces at work here.

[arcadian] 04/1/2019 17:36

The FED`s change of stance will help and progress on the US-China trade talks would help all round.

Zeus those algos certainly have a purpose but I don`t know the motive. Patience will answer that at some point. I confess that today I was hoping that we would get to 40 or beyond..

[onedayrodders] 04/1/2019 17:19

always .. the jawboning is temporary hot air nowadays ... Apple shocking the market with significant cut in their sales forecast due to global slowdown is what's real.

[mknight] 04/1/2019 16:58

Not sure what NM can do . Any suggestions.

[alwaysevolving] 04/1/2019 16:54

ODR. Fully agree. It’s criminal.

[bmnsa] 04/1/2019 16:54

MknightToo right there my friend. Keep on adding to those golden tickets.

[mknight] 04/1/2019 16:23

Hmm looks like a bid on the way . Keep the price down and the bid looks better than it actually is .

[zeusfurla] 04/1/2019 16:03

Arcadian PI sentiment seems positive today but I'd like to know who is programming these algorithms and how. They seem to work on some kind of a reversion to the mean.

[arcadian] 04/1/2019 15:42

Fascinating last hour or so - first with PIs and then Auto piling in to sell.

[mknight] 04/1/2019 13:48

5070481

I think the large companies are looking at the bigger picture of 30 to 40 years of the life of the mine . If it costs only 2.5 or 3 billion to start up then to me its a no brainer if they can buy Alpala for around 2.5 / 3.5 billion .

[5070481] 04/1/2019 13:11

THey dont. My point was that some copper copper companies are beginning to look better even though copper is still weak. Gives the impression that confidence is returning to these companies which can only bode well for us invested here.

[mknight] 04/1/2019 12:05

Perhaps they don't have 23million oz of gold.

[5070481] 04/1/2019 10:36

COnsidering copper hasnt been strong of late there are a few compaies making interesting charts. ARS and CAML look to have bottomed and have got bases to move up of. A littel bit of strength in copper and these companies could take off again.

[mam fach] 04/1/2019 10:05

Breaking 40p would start us off on the next phase.
Doesn't look like we will see much action today.