Solgold Share Discussion Threads

[sogoesit] 29/1/2019 17:12

Steady, lads, steeaddyyy!

Gold up above long term resistance now.

(Chinese New Year next week so I will be buying some ingots!)

[mad foetus] 29/1/2019 16:50

Looks like the "bowl" is about to be filled!

[mknight] 29/1/2019 16:09

Looks like a few have started to take their positions , I would hope we will breakout sometime early next week .

[mknight] 29/1/2019 11:33

Dmitri, I am sure the price will rise into the PEA most are expecting news in the first weeks of Feb so anytime now we should see people taking positions .

[dmitribollokov] 28/1/2019 16:59

Yup will be pretty dull until PEA drops it seems

[onedayrodders] 28/1/2019 16:49

Another Groundhog day here then

:o/

[mknight] 27/1/2019 13:01

Thanks pob69

Two pieces of good news .

1. Seems like SOLG licences are in areas where mining is permitted.

2. The permits have been given and we just await confirmation .

This news should but will not until announced officially put a rocket up the share price. Might be a few 100k tomorrow before the rush on announcement.

[trev1223] 27/1/2019 12:48

Interesting reading pob69. Thank you.

[pob69] 27/1/2019 09:23

The Rainforst Action Group have updated their website and it is of interest to the likes of $SOLG SolGold $SOLG.L and $CGP (Los Cedros in particular and the fact that National Geographic have an expidition there and the suggestion that "Company spies have attempted to infiltrate the Los Cedros research base disguised as ‘attractive young women’!") #ecuador

There is some interesting and useful material contained within the site including updated maps of mining concessions on a company specific basis.

They make reference to "....in early January 2019, the Ecuadorian Government approved many more concessions; we are waiting for these details to become publicly available."

[sogoesit] 26/1/2019 17:55

Gold is sentiment/currency priced. If there is a change in the overall price range to another level it will definitely change the perceived asset value, at whatever stage of evolution this company is at imv.
Gold makes up 33% of Alpala's current value. That is not insubstantial (i.e. it's not solely a by-product).

[mknight] 26/1/2019 06:04

Arcadian

Our share price would be around 260 .

We are way way way undervalued .

Someone will bid soon .

[mknight] 26/1/2019 06:00

Trev

Agree to disagree.

Best way to leave this one .

[trev1223] 25/1/2019 19:30

mknight
If copper goes to $3.50 and gold $2000 that alone will not affect the share price However, it would be your second supposition, that would be the catalyst to bump up the share price ie more companies interested in buying us.

[arcadian] 25/1/2019 18:29

Copper ends the week at $2.72 so maybe it will get over $3 at some point when the US and China get their act together.

A profit margin of $200 per OZ makes our 25 Million OZ on their own worth considerably more than our current Mk Cap.

Patience is all that is required.

[mknight] 25/1/2019 18:13

Trev it makes a massive difference .

If gold was worth 2 dollars an oz . Where would the solg price be .

If copper goes to 3.50 and gold 2000 an oz more companies will want to buy us .

[kyoquot] 25/1/2019 17:19

Fair enough, understood... as you were... carry on exploring :-)

[trev1223] 25/1/2019 16:11

Ky
They are producing but we are still in exploration. Makes a huge difference.

[kyoquot] 25/1/2019 15:43

And on the copper side ANTO up 3.8% KAZ 8.8%... oh well.

[trev1223] 25/1/2019 15:36

Makes no difference to the SOLG share price though.

[mknight] 25/1/2019 14:34

Gold having a good day.

[pob69] 25/1/2019 09:16

Positive reference to $SOLG SolGold $SOLG.L (with interest to $CGP) in UK Investor Chronicle magazine referencing the cheapness of large miners #ecuador

"...Despite their importance, fiscal stimuli won't drive the headlines for the largest miners this year. In 2019, we think those could come from an uptick in M&A activity, as extreme caution and a preference for shareholder returns give way to more aggressive strategic manoeuvres. BHP’s (BHP) stake-building in Ecuador-based copper-gold explorer SolGold (SOLG) could be instructive here, particularly as the largest miners have long-term bullish views on the red metal. At $2.57 per pound, copper now trades at a 20-month low."

[mknight] 24/1/2019 18:11

5070481

It maybe they have been selling for months . But I also think we have had many traders trying to buy in at around 35 and selling around 38p . It has been good for them until NM releases some really good news ,as we have seen this can go up 30 percent in a day .

[5070481] 24/1/2019 17:09

JUst not what gerneally happens. Let it drift up a littel so buyers dont think they have missed out. It they jump it too quickly you can scare them aware. Not everyone likes chasing

[mknight] 24/1/2019 16:18

Not that smart either ,why not let it drift alot higher and then sell about a pound higher .