Solgold Share Discussion Threads

[mknight] 07/5/2019 16:32

Santa Anna sent a message a few weeks back and so true . A holding pattern.

[mam fach] 07/5/2019 16:25

Agree.That is so near the truth it is unbelievable .

[chumbo] 07/5/2019 15:00

Generally with this share the more we discover the lower the price goes. Therefore for the share price top grow we need to undiscover a load of Cu/Au. Simpleas

[mam fach] 07/5/2019 14:32

Been holding on for long time.
Whilst other shares I hold been motoring.
SOLG stuck @ .375 whilst TOOP moved from .03 to .045.
Just makes you wonder how long to see price move up to it's true value.

[mknight] 07/5/2019 14:17

News to follow ?

[mknight] 07/5/2019 14:16

250 million shares at 37.5

[mknight] 07/5/2019 14:14

Hi mam

We are being held .No move up or down .

Why?

[mam fach] 07/5/2019 14:05

No news seems to move share price these days- worrying.
Can you imagine what bad news would do to SOLG.
It doesn't bear thinking about.
This comes from a long term holder.

[pob69] 07/5/2019 13:47

National Bank's "positive" view on Porvenir news Solgold $SOLG $SOLG.L #ecuador $CGP

[mknight] 07/5/2019 13:46

Another thought..

As we seem to locked into a trading range of 37.5 to 37.75 it seems possible news will come of some sort of deal to raise monies for 2020 .

[mknight] 07/5/2019 12:50

Angels comments...

They look forward to further news on Solgolds other projects. Blanca y Nieves was the one mentioned by NM that they would use to finance Alpala nothing heard since June last year.

I believe news will come out on this one before the cornerstone vote . Also the one that cornerstone said they had some ownership on which Solgold denied.

[pob69] 07/5/2019 10:56

SP Angel's comments Solgold $SOLG $SOLG.L #ecuador $CGP Solgold* (LON:SOLG) 38p, Mkt cap £701.6m – Porphyry copper/gold target in southern Ecuador

Conclusion: Solgold’s efforts to expand its exploration in Ecuador beyond its initial success at Cascabel have identified a large zone of porphyry copper/gold style mineralisation in and around the Cacharposa and Mula Muerte Creeks at its wholly owned Porvenir project area in southern Ecuador. Initial sampling results are to be followed up with detailed surface and airborne geophysical surveys, which proved highly effective in targeting at Cascabel’s Alpala deposit and with initial drilling. We look forward to further news on exploration progress at Porvenir as well as from the company’s other exploration projects in Ecuador.

[...]

[mknight] 07/5/2019 10:19

Who thinks this may be the start of regional news flow ?

[pob69] 07/5/2019 10:09

Liberum comments on news for Solgold $SOLG $SOLG.L #ecuador $CGP

Porvenir highlights undervalued exploration optionality BUY @72p

"...not only validate the company's regional mapping programme, but vastly increase option value across its portfolio and up the ante considerably for potential bidders BHP and Newcrest.

In our view the market is yet to price in any option value for
SolGold's exploration portfolio..."

[pob69] 07/5/2019 10:05

If anyone is minded to read a technical paper, here's one submitted by Solgold $SOLG $SOLG.L #ecuador $CGP to the Pro Explo Peru to be presented

Petrography and Lithochemistry of the Alpala Cu-Au Porphyry Deposit, northern Ecuador 22nd May

[pob69] 07/5/2019 08:59

Interesting Peel Hunt comments (who are Joint Broker to the company but who have not yet initiaited coverage with a note, so we should expect that sometime soon?) Solgold $SOLG $SOLG.L #ecuador $CGP

"The discovery of a sizable target at Porvenir so soon and with characteristics with Alpala comes as a positive surprise to us"

"We continue to expect the Alpala PEA to be released by mid-year 2019"

[pob69] 07/5/2019 08:23

nteresting Porvenir Target 15 RNS for Solgold $SOLG $SOLG.L #ecuador $CGP You may recall this is Jason Ward's priority new target from his December interview available on the web-site.

Nick Mather provides somewhat bullish comments;

“...The high grades and strong gold endowment at Alpala and Porvenir provide us with a unique opportunity to develop this Company without joint ventures. The size and grade of the outcropping mineralisation at Porvenir indicates a significant copper gold porphyry system.

The 150m long channel sample is significantly longer and richer than the 50m long discovery outcrop at Alpala in the Cascabel tenement, which has so far yielded a contained resource
of 23 million ounces of gold and nearly 11 million tonnes of copper.

The Porvenir system has the hallmarks of a significant discovery so far. SolGold has identified and secured the best of an entire copper-gold province, the size and metallurgy of northern Chile. That’s a unique approach that can’t be replicated.

We are confident that Alpala and now Porvenir are the first projects in a long, large and rich string of them.

The next generation of growth in SolGold is going to come from more spectacular discoveries on a 100% basis like Porvenir.

All SolGold shareholders will enjoy that growth, including hopefully the Cornerstone Capital Corporation shareholders who are soon to be availed of our bid for Cornerstone. We have the cash, the expertise and the focus to deliver.”

[arcadian] 07/5/2019 08:10

Interesting

Ø Drill testing and ground magnetics planned at Porvenir Target
15 in Q2 2019.

[5070481] 07/5/2019 08:01

This mornings statement seems nothing more than a weak attempt to gain the upper hand in the negotiating game but at least it may indicate that the offer will finally be made to COrnerstone.

[mknight] 07/5/2019 07:50

NM clearly believes we have the biggest and best portfolio ever .

Is this the start of the news ? I would imagine and hope we get updates from some of the other sites just to push the cornerstone shareholders the right way .

[goldrush] 07/5/2019 07:44

Bold statements indeed.Drill permits to be obtained this quarter.They are saying that Porvenir is bigger than Alpala......

[1garythomas] 07/5/2019 07:40

Does not mean 1 thing, complete waste of a RNS, without drilling permits, it doesnt mean jack, they were hoping for drilling permits in Q1, now q2, they will and its a bif if, be lucky to get these drilling permits and they wont get them this year.

[mount teide] 07/5/2019 07:28

jone06 - They are indeed surface sampling - apologies for the typo.

[jone06] 07/5/2019 07:19

These are NOT drill results but surface samples None the less they are great surface grades and clearly will lead to a drill programme Excellent news for the future...

[mknight] 07/5/2019 07:18

He thinks we have discoveries the size of Chile. A Bold statement looking forward to BN to follow .