Solgold Share Discussion Threads

[mad foetus] 13/2/2019 09:07

feels like the pressure is building. Surely everything is going to come together and the share price will rip at some point soon.

[mknight] 13/2/2019 08:59

Yes agree Arcadian , its been along time since we have seen this type of buying .

Maybe some good news to come soon .

[arcadian] 13/2/2019 08:18

As I was saying...…R30;.Private trades as per similar ones when the price was falling

PS That`s encouraging.... the larger book trades

PPS half a millionAT bought in 15 mins

[arcadian] 12/2/2019 18:49

Private trades as per similar ones when the price was falling although I would like to think that the buys today were by someone who knows more than me and has reason to keep buying.

[mknight] 12/2/2019 16:22

Someone has been buying decent volume today.

Might see a large UT today.

Not bad , we had a buyer in the market today lets hope he is back tomorrow with a few mates .

[arcadian] 12/2/2019 16:22

As we hover I think it will pay to be patient as the manipulators seem to have a strong grip of the share price that will require some good news. M&A etc to encourage a break out.

[mad foetus] 12/2/2019 16:16

Agree with that jerry, though my suspicion is that when it moves, it will be on news and the move will be a big gap up to the 50s. 21 to 26, 35 to 45 have been recent examples. 37 to 52 wouldnt surprise me, one day.

[jerryspaniel] 12/2/2019 16:07

Think we need to hit new highs if we want to say goodbye to the 30s.

[mam fach] 12/2/2019 15:40

Don't you think if we can just get to 37p its up, up and away.

[onedayrodders] 12/2/2019 15:12

bless her she's having a little sprint to 37 again. go girl

[onedayrodders] 12/2/2019 15:11

yep .. this time next year alwaysevolving we'll be ............

[jerryspaniel] 12/2/2019 14:27

Shabadi, it’s a semi serious discussion about the relevance of small short term moves in the price of cu and au. We just differ but are all grown up about it.
What might be more relevant is the change in opinion of quite a few investment banks on the longer term px of au. Augurs well.

[alwaysevolving] 12/2/2019 12:38

Well you know what they say Rodders,....

“The longer the base, the higher in space”

[onedayrodders] 12/2/2019 11:38

groundhog day ...again

[shabadi] 12/2/2019 10:16

Believer: if you have 60k in this company and it's more than 20% of your wealth and you feel the way you do then you are a fool.

[shabadi] 12/2/2019 10:11

Of course the value of the commodity you are drilling for has an impact on the value of the company. If they were drilling for dirt then it would be worthless. It's clearly not the only factor, especially when still exploring. I think you are just trying to wind him up.

[jerryspaniel] 12/2/2019 09:42

McKnight. I see the price of copper has fallen a bit. Strangely not affected the share price!

[lefrene] 12/2/2019 09:33

There's some sort of chess game going on, as the powerful attempt to grab Solg on the cheap. NM might be sitting on valuable information in order to have some ammo to bat away low ball bids? We simply don't know, you either believe that NM has the experience and skills to get a fair price or you don't. Drills are still turning and presumably discoveries being made, and that PEA is out there somewhere. But so is a disgruntled CGP and it's shareholders, are they being courted by a third party? Waiting in a dark place is never comfortable, but you can hang on or sell, but you know the assets here are worth more than the current market price, or else BHP would not have paid 45p for it's stake.

[mknight] 12/2/2019 09:28

Believer1

In the end you just have to trust him or move on .I hope he will release the news at the right time to have a maximum affect on the share price . He may be of the opinion that its better to give the market alot of news all at once rather than a bit by bit approach . The good news is he has far more shares than us and will no doubt want the maximum share price .

[believer1] 12/2/2019 09:18

My investment in SOLG and DGR is roughly 60,000pounds so I have a huge investment in this company. I am a believe in the potential of this/these companies but am very concerned at the way shareholders are being shafted by management who manipulate for their own advantage. I agree that NM could easily buy solg at a lot less than 60-90p, but the difference in doing so on the open market, is that he will have to pay for them at time of purchase. He will no doubt be picking up a sizeable number in the 40p options that are due end of this year. Millions bought on the market usually come at a premium price but to guarantee himself through incentive schemes actually doesn't cost him anything until they are due. If there is no takeover at a price over the 40p or 60p mark, he doesn't have to pay a penny/cent. No dilution in numbers of shares but of course no money going into the company's account.

A question that comes to mind, is what happened to the very good drill results which were not included in the Nov Report. It was said that it was purposely not included as it would complicate the Report. From memory the was a massive increase in copper and gold content but nothing has been reported since. With all these drills working where are the results going to be released. We are being fed only what Management perceives to be in their best interest, certainly not for the other shareholders. I reeks of deception and that I suggest is one of the reasons our share price lags.

[mknight] 11/2/2019 13:42

Its a bit like the footballs getting 200k a week and wanting 300k . If its there why not take it . Life is short and bills need to be paid .😁

[mknight] 11/2/2019 13:39

Its quite easy for NM to get his option money as the shares are so undervalued he will probably get them in the not too distant future . He will then get more options at 90p which will also be easy .

Not his fault the share price is so undervalued.

Before anyone comments about options at 90p i am using the Tea leaves again or just common sense .

[sogoesit] 11/2/2019 09:21

Probably comes from an unbeliever.

[mam fach] 11/2/2019 08:45

Where has all this come from?
All true but he who pays the piper calls the tune.
NM runs the show and this is how it goes.
You can buy shares and follow him or invest elsewhere.
Personally I don't have problem with NM's holding or his share options.
Choice is yours.

[believer1] 11/2/2019 00:46

Makes the 140 million X 60 pence options one hell of an incentive....especially when NM is guaranteed 5 million from the Director's scheme and probably the lion's share our of the other 124 million options from the 'Employees Scheme". He can afford to wait his time because at the time of a takeover, NM will pick up hundreds of millions of pounds from his 90 million already owned, 5 million options, plus untold millions from the employees scheme, and his 20% holding of DGR's 11% holding in SOLG. Getting paid over $1 million per year plus expenses. All done while the rest of the companies that he is CEO, Chairman and Director of, are collapsing in share prices. All this power allows him to look after number 1.....he himself and forget the rest of non-mate shareholders.