Solgold Share Discussion Threads

[yufff] 17/4/2019 12:41

60p is just the start
Every company covering the stock has a rating minimum 3 times higher than current price.

[mknight] 17/4/2019 11:48

News can come at anytime . I would not want to risk being out when it comes. NM has plenty of options at 60p .

[mam fach] 17/4/2019 11:41

I agree. It's quite possible if we don't have news soon.

[alwaysevolving] 17/4/2019 11:28

Have a feeling this could drag on for some time despite the fact it was said the PEA was in a “very advanced stage” hope I’m wrong.

Due to these uncertainties and should they persist I can see this breaking back below 37p unfortunately. Just my opinion however.

[mam fach] 17/4/2019 10:50

He's keeping us all in suspense.
This uncertainty is also keeping price down.
IMHO.

[mknight] 17/4/2019 10:43

Jerry. I agree with you that NM does not want to Sell ENSA. The disbute between Cornerstone seems to be that they want it sold and NM wants to mine it .

Maybe the delay in PEA is he wants funding in place before its release .This Would put him in a stronger position in any negotiations with a buyer of Apala or the purchase of Cornerstone .

[yufff] 17/4/2019 08:34

Bought more yesterday

[mam fach] 17/4/2019 08:27

We all feel the same.
Did sell some @ 38 to buy back 26.
But holding now. If funds permitted I would buy more.
GLA

[mknight] 17/4/2019 08:12

NM is probably not the most popular guy at the moment . Lets hope his near blackout on news is worth it . share price has gone from 41.5 to 37.15 down almost everyday drip drip drip as many private shareholders offload a few .

I have not sold a share but getting bored like many .

[mam fach] 16/4/2019 16:25

Very interesting. Solg was a very different company when I first invested.
Solomon islands haven't worked out. What lead them to Ecuador i don't know.
Several miners seem to have roots in Australia.
Those associated with DGR & NM could be successful. MHO

[1garythomas] 16/4/2019 14:17

Cant go wrong with ironridge looking like the next solgold, MRE could be out this quarter, solgold's sister company.

[5070481] 16/4/2019 13:11

Why i always like to spread my risk on teh pure explorers. ONce they are producing luck is less of a factor which is where Lefrene's AAZ would feature. Throws off cash and a good asset.

ON pure explorers i find assessing the cash needs to keep the drills going is a basic but crucial factor to cut through some of the hype. HOw much is it going to cost to get it out of the ground? What time frames are involved and how can you avoid getting trapped with too large a psotion during new blackouts when shorters often get to have some fun. What is the location risk associated with the discoveries? ARS needs to see if the more mining oriented president is going to get elected this week.

[mam fach] 16/4/2019 12:51

Exactly been sucked in too many times.
Only to find everyone bailed out and i'm still holding.
Hard to know what research points us in direction of success.
My gut feeling letting me down @ the moment.
At the end of the day lot of luck is involved.

[lefrene] 16/4/2019 12:50

If you want to spread your metal assets risk then another miner well worth a look in my view is AAZ. Debt free, pays a decent divi!

[5070481] 16/4/2019 12:01

As I said Mam Fach its worth having a read. I obviously hold some and dont like ramping of other stocks on boards but worth doing your own research on it.

[...]

[mam fach] 16/4/2019 11:55

Very true. Held SOLG so long am afraid to sell any.
But would be nice to find the next SOLG.

[5070481] 16/4/2019 09:43

Of course there are. Why we are all invested. Always worth looking to see if there are other potential copper plays about though. NO one is ever invested 100% so need to find other options as well. If you'd only held SOLG you'd have had a fairly unprofitable 5 months when the rest of the market has thrown up some great trades.

[onedayrodders] 16/4/2019 08:44

There are a few near term catalysts here too thanks

[5070481] 16/4/2019 07:59

I'd suggest anyone here that doesnt already hold ARS has a little look. Quite a few near term catalysts

[1garythomas] 16/4/2019 06:52

3 weeks now, and still waiting for solgold's offer, taking along time to translate to french, can solgold do anythink on time, time NM stepped down, what a clown.

[sogoesit] 15/4/2019 07:57

From Cornerstone April 10 regulatory news issue:

“Update on Investment in ENSA

In its financial statements for the three and nine months ended September 30, 2018, the Company reported the estimated fair market value for accounting purposes of its investment in ENSA at $23,700,000 and noted that, as a result of the November 20, 2018 disclosure of the updated mineral resource estimate for the Alpala deposit, it intended to engage a valuation firm to assist in the reevaluation of that investment after receipt of the National Instrument 43-101 technical report on the Alpala Deposit, which was subsequently filed on Sedar on January 3, 2019. The Company engaged the same valuation firm, received the updated valuation report and management selected what it believes is a conservative valuation of ENSA within the range provided in the report. The estimated fair value of the Company’s long-term investment in ENSA for financial statement reporting purposes as at December 31, 2018 is $103,600,000.“

Full item here:

[pob69] 11/4/2019 12:49

Red Cloud with its update Solgold $SOLG $SOLG.L #ecuador $CGP

SolGold has provided a positive exploration update that points to the potential for a new high-grade zone and expansion of the overall resource, ahead of several larger catalysts that we expect to be positive for the share price. Today’s results reinforce our view that Alpala is a world-class copper-gold deposit and highlights the potential for upside beyond our current estimates.

Upcoming catalysts: 1) Maiden PEA for Alpala (Q2/19) 2) Formal bid for Cornerstone and 3) Ongoing exploration results.

[1garythomas] 11/4/2019 12:17

No its not, moron.

[yufff] 11/4/2019 10:38

But still under the control of Mather.