Solgold Share Discussion Threads

[greenelf] 09/7/2019 13:53

Let's get this gap done with, can then move up...

[pob69] 09/7/2019 13:43

Updated major shareholder list (last 4/6) #cascabel Solgold $SOLG $SOLG.L $CGP #ecuador

Newcrest up 0.44% to now over 15% whereas BHP are down 0.14%. BlackRock are back in at 5.96%

[mknight] 09/7/2019 11:53

Just topped up again most of the sells are infact my buys .

So we will see what happens but really cheap they are with a bit of patience.

[1garythomas] 09/7/2019 06:23

Should have bought UJO looking good there, make more money looking to bag at least x 5

[mknight] 08/7/2019 18:10

Took another 50,000 towards the close.

Still got some left to buy . Will be looking to add on anymore weakness. News will come when least expected .

[lefrene] 08/7/2019 16:38

mknight, evidently gamesmanship is at play, one hopes NM has the experience to play his cards to our best advantage.

[1garythomas] 08/7/2019 16:37

Down again 31p finish, 29 coming.

[mknight] 08/7/2019 16:11

Lefrene

Now over half a year of drill results not released .

Must be something good as my good friend the vice minister of mining said .

[pob69] 08/7/2019 15:51

Interesting article "Ecuador is already on the radar of large mining companies" #ecuador for #cascabel Solgold $SOLG $SOLG.L $CGP

Interesting to be reminded that "....The activity of discovering projects is highly......According to the world average, of every 1 300 exploratory projects, only three end up being successful, because the probability of not finding minerals is great. And, in the case of finding potential, its profitability must be determined...."

[lefrene] 08/7/2019 15:41

It's a troll, don't feed it.



Eventually something will happen here, presumably after Cornerstone has been resolved. In the meantime it would seem that the government is doing something to gain the confidence of the larger mining industry by going after the illegal miners. Now they need to speed up the foot dragging bureaucracy on drill permits.

There has to be unreleased news, as there's been nowt on the drill front for months, they can't all be sat drinking tea in those jungles.

[greenelf] 08/7/2019 13:24

Reasonable points are fine, but constant negativity with a totally shonky logic, ie lack thereof, no. Gary is grinding is own personal axe.

[mikalan] 08/7/2019 13:13

Gary has his own viewpoint and agenda, if anyone does not agree or want to hear it then ignore or filter. Some people over ramp, other de-ramp but it has to be best to listen to all arguments in order to formulate an opinion.

There was an article on mining.com basically saying that Ecuador was considered risky. That was back in January, so that risk may have been mitigated somewhat by the court case decision, though I still believe doubt remains.

Anyway, here's an extract and link.



Riskier than neighbours

The higher risk of operating in Ecuador will sustain the trend of junior miners leading exploration in the country, Fitch Solutions predicts.

“Industry heavyweights will take less risky positions by entering into joint ventures or investing in juniors to gain exposure to projects as they progress down the pipeline,” the report says.

An example of such a trend is the Cascabel copper-gold project, owned by junior SolGold (LON, TSX:SOLG). Both BHP and Newcrest Mining have increased their share positions in the miner to gain exposure to the potentially world class project.

As mining projects face headwinds from rising tensions, the courage of investors will be tested, the analysts conclude, which could thwart Ecuador’s plan to attract $4 billion in mining investments by 2021.

[greenelf] 08/7/2019 12:41

No point explaining it to you, would not understand. Bye bye

[1garythomas] 08/7/2019 11:35

What has gold prices today, to do with solgold, they are at least 7 years away, from taking this to, and there's a big if, to production, you have a general election, with the opposition party, totally against mining, that why none of the majors have invested in equador, they have invested pocket change, as it could all turn around again within 18 months with a anti mining government, balanced view.

[aos] 08/7/2019 11:18

Gold prices could reach $2,000 by the end of the year, strategist says Stella Soon.

Gold prices can continue to climb even after they hit a multi-year high last week, a global investment strategist said Monday.

In fact, prices are set to "reach $2,000 by the end of the year," predicted David Roche, president and global strategist at London-based Independent Strategy.

Spot gold prices hit $1,422.85 on June 25, their highest in more than six years. Last week, gold futures also were at their highest since August 2013, reaching $1,417.70.

Gold prices have been on an upward trend amid recent expectations of a Federal Reserve interest rate cut and heightened geopolitical concerns — conditions that might weigh on the stock market, according to Roche.

"I actually believe financial markets are now poised to crumble like a sand pile," he told CNBC's "Squawk Box."

However, gold prices went down slightly on Monday, potentially responding to the United States' announcement on Friday that it had recorded stronger-than-expected nonfarm payrolls. That report tempered investors' expectations of a Fed rate cut.

Despite that, Roche projected gold prices would continue going up, partly because international trade tensions will add to the negative sentiment of stock market investors.

"I think the trade conflict with the United States is a much far, wider-reaching, global conflict, which will undermine growth expectations in equity markets," he said.

Given that outlook, Roche recommended investors hold gold in their portfolios, alongside some European fixed income and U.S. Treasurys.

[yufff] 08/7/2019 10:56

GARY is filtered and has been for a long time

Well with the effort

One moron less to read.

[yufff] 08/7/2019 10:56

GARY is filtered and has been for a long time

Well with the effort

One moron less to read.

[greenelf] 08/7/2019 10:41

What is your problem??

[1garythomas] 08/7/2019 10:36

Yea and a general election within 18 months, and the opposite party are against Mining.

[telbap] 07/7/2019 00:22

I think the eqdr gov have made the position crystal clear, they are going to back big mining all the way. So, 1. Lots of gold2. Lots of copper3. Onside gov.4. Very cheap local labour.5. Plenty skill sets6. Inevitable mine going to be built.7. Yummy :-)

[greenelf] 05/7/2019 16:14

Run along then, nothing to see.

[1garythomas] 05/7/2019 16:02

Didnt say they are not invested, somone posted a story about 3rd party, cant see anythink to back that up, BHP could if they wanted, but havent added about 200million shares, why havent they, thats the question.plonk, BHP and newcrest have invested pocket change.