Solgold Share Discussion Threads

[mknight] 18/6/2019 20:41

Zoros1

What do you know that we dont?

Also after reading your post on LSE saying this will rise 20 percent should SOLG win . And rise from 22p to 27p ..

I would think if the market is closed the opening Would be a mínimum of 33 percent up before a close of 60 percent up at around 35p

[zoros1] 18/6/2019 19:48

Very intuitive Mknight. Shorting is soon to end, trust me.

[mknight] 18/6/2019 19:41

Telbap

I believe it has been shorted but most have closed . It Would be really dangerous to short the stock now when at anytime the result of the CC could come out . If in favour of SOLG can you imagine how much they could lose .

My guess Would be most sitting on the sidelines waiting for the result with a few selling as they see the price continúe to fall .might be a few looking at the gap around 22 to 23 to fill .

[telbap] 18/6/2019 17:43

This is going to get shorted to 20p before the court dates. Highly unlikely for them to have a negative outcome, but stranger things happen, Donald Trump being president of the USA, Boris Johnson being PM of the Uk?!?!Sit tight, wait for result, we are powerless in this situation to have any material input, other than sell your position.

[mikalan] 18/6/2019 13:56

NM has to sound confident. He's hardly likely to come out and say that he expects the courts to outlaw mining.

[zcaprd7] 18/6/2019 13:49

Not sure about Anna, I think a more "Hispanic" sounding, local hire would be a better idea...

[trev1223] 18/6/2019 13:21

Thankyou pob. I'm now feeling much better about this investment

[alwaysevolving] 18/6/2019 13:20

Thanks Pob69. There is obviously a lot of confidence on SOLGs part that this court case is going nowhere in order for SOLG to be making public statements such as that.

Sounds very much to me like reassurances have been made? If not how can he say that with such bravado almost laughing it off?

[mam fach] 18/6/2019 12:21

Thanks. Very informative.
Sounds like they really are taking it to production.

[pob69] 18/6/2019 11:16

Jason Ward's 8 mins presentation at June's New York Mining 121 $SOLG $SOLG.L $CGP #ecuador

He thinks they will win the court case. As much chance as winning as "...Asange moving back to the Ecuador Embassy".

"...Social licence is what we do best" and "full support of the local community"

[excellance] 18/6/2019 10:14

26.75p today, my target hit, this price should be support/resistance, but I don't know how much lower this can go, tho 22 looks likely short term.

[shabadi] 17/6/2019 22:30

I don't see that - just one trade of 200k at 16:35

Is this advfn time and sales ?

[1garythomas] 17/6/2019 22:14

1 million share sell at 16.31, tin hats tomorrow guys.

[telbap] 17/6/2019 20:40

50% of the entire days trading is reported after hours.......lol!!

[mam fach] 15/6/2019 13:50

Unfortunately it's case of palms want to be greased.
IMHO.Famous Welsh saying- Diwedd y gan yw'r geiniog.
End of the song is the penny.

[jone06] 14/6/2019 19:42

Saw this presentation from Bezant mining as a "how to" block cave. Very informative for those who are interested:

[1garythomas] 14/6/2019 11:07

BHP Can still buy if they want on the pen market to the level of newcrest, which off the top of my head is about 20million, or there abouts without checking.

[smoothtrader] 14/6/2019 10:13

MikeI recall when BHP bought their stake in SOLG, they were sold on the basis they cannot accumulate more than 14 ‰ ish of solg, unless it was approved my BoD by SOLG.So they cannot increase their percentage ownership unless its a Full takeover bid, which is a different transaction completely. This is mention in the rns at the time.

[shabadi] 14/6/2019 09:47

lol It's in the hands of the CC, what possible foul moves do you think are afoot ?

[mikalan] 14/6/2019 08:50

Which is kind of where my comment was leading. If I was a conspiracy theorist I might even think foul moves are afoot.

[1garythomas] 14/6/2019 08:46

Why would they take anymore shares, with all this going on, get real, if this goes against solgold, they could buy them at 3p in a couple of weeks time.

[mikalan] 14/6/2019 08:25

I would have expected one of the big buys like BHP/RIO to have made a move by now. I know BHP have taken a stake, but that's peanuts to them.

The fact that they haven't suggests they are unsure, either of the potential which seems very unlikely given the grades, etc, or the politics.

[arcadian] 14/6/2019 07:22

There are no values if you cannot mine legitimately.

[simon_carter] 14/6/2019 07:12

I noticed the write up in investors chronicle, they believe this is a good buy opportunity at this level given any move lower will start to make Solg look cheap for a takeover target. Depends on your risk appetite, still not for me at this level, any move near 20p I will might take a bite