Solgold Share Discussion Threads

[mknight] 25/11/2019 08:00

Greenelf

I cannot see 40p due to the need for funding .lets think 25p and be happy if its more.

The share price hopefully will rise above BHP,s price once the MRE3 .Permit news comes out .

[greenelf] 25/11/2019 07:53

I would be very disappointed if the raise was below 40p per share. In theory should be in 50-60p range.. surely??

[mknight] 25/11/2019 07:50

BHP will probably have a góod idea on MRE3.

[pob69] 25/11/2019 07:29

Nick Mather is shortlisted for CEO of the Year Emerging Company at Mines and Money London this week. However, Solgold has no listed presence this year which is unusual having routinely exhibited and indeed sponsored this event in previous years. I guess the CEO has other things on his mind!

[greenelf] 25/11/2019 07:27

I have justed dusted off and lovingly polished the 'boosh and boom' in readiness..

[pob69] 25/11/2019 07:24

Broker Liberum reiterates 72p TP #ecuador Solgold $SOLG $SOLG.L $CGP #cascabel

"...SolGold's share price has been under pressure over the past six months from a combination of a difficult macro backdrop in Ecuador, lower copper prices and the need for a financing solution to fund planned expenditures on exploration and the PFS. However, near-term funding concerns should be addressed before year-end with a small raise sufficient to finance the PFS, of which the company has a variety of options at its disposal."

[mknight] 25/11/2019 07:18

So all we need to know is the quantity and price . Looks like my prediction on the rise was a day out .

Sorry i am not perfect like shabdadi.

[mirabeau] 25/11/2019 07:10

Is this the moment? Exciting

[pob69] 25/11/2019 07:00

More detail; BHP Plans to Increase Its Stake in Ecuador-Focused SolGold #ecuador Solgold $SOLG $SOLG.L $CGP #cascabel

"...BHP Group, the world’s biggest miner, plans to increase its stake in SolGold Plc, the developer of projects in copper hot spot Ecuador, according to people familiar with the proposal."

[frank incence] 25/11/2019 06:02

Worth a nibble.

[kaos3] 25/11/2019 05:56

robust good news if true

[jammytass] 25/11/2019 05:35

BHP Group, the world’s biggest miner, plans to increase its stake in SolGold Plc, the developer of projects in copper hot spot Ecuador, according to people familiar with the proposal.

Melbourne-based BHP will add to its existing 11% holding in SolGold and become the developer’s largest shareholder ahead of Newcrest Mining Ltd., the people said, asking not to be identified because the matter is confidential. An announcement detailing the size of the investment could be made within days.

BHP, preparing to install Mike Henry as its new chief executive officer from January, is prioritizing future growth in copper and oil, and sees Ecuador as a key focus for new mining projects. Dwindling supply from aging copper mines and rising demand from renewable energy and the electric vehicle sector will combine to boost the metal’s outlook, the miner said in August.
BHP and SolGold declined to comment.

[king_baller] 25/11/2019 02:52

‘BHP Plans to Increase Its Stake in Ecuador-Focused SolGold’. Breaking news on Bloomberg.

[loganair] 24/11/2019 22:04

Even if one is in their 50s, one still has time on their side.

If one does not have time on ones side then maybe investing in mining stocks is not the right investment to be in or maybe could think about passing the investment on to ones children.

[alwaysevolving] 24/11/2019 21:34

......which is fine if you’re in your 20s or 30s with time on your side. Some of us might not have 20 years left to wait. NM is no spring chicken himself!

[loganair] 24/11/2019 13:27

I am not worried and do not even think about where Solgold's share price is going to be tomorrow, next week, next month or even next year as to do so I feel is a complete waste of time and often can be crushing on ones emotions.

[loganair] 24/11/2019 10:52

Long term:

Commodities markets are very much tied to global economic cycles, and Donald Trump’s ongoing trade war with China (which is a major consumer of all sorts of earthly commodities) is a real cause for fear. But saying that, the chances of Trump still being in power a year from now are looking slimmer by the day.

It can require calm nerves to invest in mining and commodities, and you have to be prepared for anything over the short term. To invest in that sector, you really need to be looking at a horizon covering what’s likely to be a couple of industry cycles.

I’d say that means investing for an absolute minimum of 10 years, preferably closer to 20.

[noccer] 22/11/2019 20:13

Signs of a tightening copper market.

[shabadi] 22/11/2019 16:39

"I Would expect us to move into the low 21p range"

MK - Please stop making predictions, you are embarrassing yourself. Trying to pretend you have a gift, you know nothing - such a tool !

[lefrene] 22/11/2019 12:17

Shares tend to sink because the promises seem ever further away. Solg has delivered on finding huge resources but seems unable to prove them up quickly enough, along with forever being behind the curve on reports, getting in front for once would lift sentiment, getting the Bankable Feasibility Study out earlier than expected would help a lot. No doubt our money man has his contacts, but they of course will be mindful of their careers, so they won't move until that BFS arrives.
I suppose there is the off chance of a maverick such as the Chinese turning up at the table. The discount to assets here is so huge that it will be on the watch list of several players, but it's been like this for about two years now and no ones blinked.

[mknight] 22/11/2019 11:04

Pob69

Lets hope Liam sorts our funding out . I Would have thought it will help his business to be able to comment on how he mánaged to get Solgolds funding requirements .

[mknight] 22/11/2019 10:59

Loganair.

I agree .

[loganair] 22/11/2019 10:56

In 20 years time Solgold can easily be a £20bln valuation miner, £12 per share paying a £1 per share dividend, better then any pension annuity for anyone investing now.

[pob69] 22/11/2019 10:52

Mines and Money London is next week. #ecuador Solgold $SOLG $SOLG.L $CGP #cascabel are not present though NED Liam Twigger is involved, unsurprisingly promting Chinese financing opportunities in a panel discussion on the 27/11 ...

Panel Discussion: How to tap into Chinese investors money – where are they investing and what are they looking for when they invest?

Getting a true picture of China’s commodity demand and what opportunities it offers the rest of the mining industry Identifying those metals in China for which there is a demand deficit – what opportunity does this provide foreign miners? Where and in what type of mining investments are Chinese investors looking to deploy their capital? Globally, where have Chinese investors been making their most recent mining investments and acquisitions? What sort of mining deals do Chinese investors favour? Do Chinese investors differ from other investors in terms of how they approach mining deals, and if so how?
How are Chinese investors looking to capitalise on the Belt and Road initiative? How can foreign investors profit? Given how much they have lost financially in the past few years, what is their current investment outlook for the Australian mining industry? What can the Australian mining industry do to win back Chinese investor confidence? Given the recent political tension between Canada and China, what is the outlook for nvestment into Canadian mining assets?

Panellists:
Melissa So, Partner, First Asia Partners
Liam Twigger, Managing Director, PCF Capital Group
Melinda Moore, Director of Sales & Marketing, Sydvaranger
Moderator: Tommy Horton, Co-Chair, Association of Mining Analysts

[mknight] 22/11/2019 10:45

Alwaysevolving.

We might have a run at it this afternoon
Time is ticking on and we have quite a bit of news to come from now until the end of December .

Fingers crossed that at the end of December we will be alot higher than today.