Solgold Share Discussion Threads

[excellance] 24/5/2019 16:04

back to high 20's again soon.

meanwhile ECR are bubbling away nicely

if you remember the SOLG "spectacular" rns then you may want to look at ECR for a repeat.

[lefrene] 24/5/2019 15:22

In the end it's simply too big to be ignored by a mining industry that wants to benefit from having substantial resources of copper. They all know Solg now has resources to keep miners in profit for a century or more. It's just a case of who is going to show their hand first.

[mikalan] 24/5/2019 10:40

I don't think directors would have awarded themselves options at 60p unless they thought that, and more, was achievable. They could be deluded of course !

I do believe it has the potential to hit some of the share price estimates mentioned, but think those are long term goals.

[1garythomas] 24/5/2019 10:38

One good thing out of it, that horrible greedy australian guy wont get his 60p opions.lol

[shabadi] 24/5/2019 10:02

Thought you had him filtered !

[1garythomas] 24/5/2019 09:25

The reality looks like it has finally sunk in, not in a million years will you see this share at 1poubd, 2 pounds, and people have been quoting 10pounds a share; takeover price, if it ever comes about 50p maximum.

[pecker1] 24/5/2019 08:41

FWIW, I don't think it is right to blame NM or Solg for the moribund share price. NM clearly laid out his strategy months ago: discover and fast track gold rich deposits which are quicker to monetise and use these to fund Cascabel/other copper discoveries.

The problem has been the permit logjam in Ecuador which seems to have delayed exploration work on the priority targets by at least six months. Given the resources Solg has deployed to regional exploration, by now we could have had initial drill results from at least two targets. For obvious reasons Solg and other companies have to accept the reality but are no doubt champing at the bit.

[mam fach] 24/5/2019 08:29

How true. But when tide turns we can always buy in again.
All excellent RNS's but have done nothing for share price.
Many of us been posting here for years.

[mikalan] 24/5/2019 07:54

It is a pity. Many regular posters seem to have sold some or all of their long term holdings. General consensus seems to be that this is a good long-term investment but not likely to move significantly upwards any time soon.

There has not been decent trading volumes for ages, PIs only. Even on PEA release day there were only 6m shares traded. Big boys don't seem interested yet.

[mam fach] 24/5/2019 07:38

Been holding here for years.
Also sold half been in and out of other shares that have made me some money.
Such a pity price is bogged down. Will be buying again.

[mknight] 23/5/2019 15:21

Gold up today .

[simon_carter] 23/5/2019 14:35

Well I'm afraid that's me completely out for now, offloaded half a couple of weeks ago under 40p and the remaining half this morning. I was in ATYM (previously EMED) for years and just didn't see a good enough return given capital invested, starting to see a similar story here in the short term.Think this will come good but needs more time and the cornerstone story over.Good to luck to all holders

[lefrene] 23/5/2019 14:20

It does look that way ODR, short of something unexpected.

[onedayrodders] 23/5/2019 14:14

Seems nailed to test 35p floor again

sighhh

[lefrene] 23/5/2019 10:46

Copper warehouse inventory look to be declining, even if the current copper price doesn't seem to reflect this. Copper is of course price in US $, a bit of insurance against a weak Pound.

[mam fach] 23/5/2019 08:47

Because he wants to get back in of course.

[1garythomas] 23/5/2019 08:47

Well was looking for 37p to buy back in again, but now looking at 35p

[alwaysevolving] 23/5/2019 08:32

1GT, for someone who apparently retains half their holding here you appear to be trying extremely hard to talk this down. Now I wonder why that is ?!

[1garythomas] 23/5/2019 08:14

Tin hats on guys 36p coming.

[mknight] 23/5/2019 07:49

Solg offer to Cornerstone now approx 15 percent higher than the current cornerstone share price

Probably Would want at least 20 percent

Permits or regional news are the weapons NM may use .

[mknight] 22/5/2019 18:45

Michael Slifirski is correct based on what we have been told .However why do they want cornerstone if the mine is not going to be super comercial. Ever since he decided he wanted Cornerstone the waters are very muddy.

Have they unvalued the PEA short term it would make sense todo so .

All imho.

[shabadi] 22/5/2019 15:52

Ouch

Credit Suisse analyst Michael Slifirski said the mine project envisaged by SolGold for its Alpala deposit was world class in terms of its scale and risk profile, but was "not world class in grade".

[5070481] 22/5/2019 15:05

The within 48 hours was cascabel I'm sure. Copper in the ground equivalent to national debt. Both figures roughly the same. He just got a bit excited with when the release would be.

[mknight] 22/5/2019 14:45

Once he gets cornerstone i am back in .next stop is the Battlefor 35p imho .

Permits Would also help the share price .and make the offer for cornerstone lóok better.