Solgold Share Discussion Threads

[mknight] 16/12/2019 12:55

Christmas is coming will NM release the beast.

[pob69] 16/12/2019 12:20

Unexpectedly seeing Eliza Micheal (PR Manager at $DGR) with Ingo Hofmaier in London meeting the Ambassador Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

[oakville] 15/12/2019 06:20

Fantastic level to buy here.

[arcadian] 14/12/2019 18:26

From the LSE thread c. The Italian

[pob69] 14/12/2019 16:00

Slightly surprised to see the company being tipped as a buy on the UK's shareprofits site (subscription only). They are much better at identifying shorts and frauds but positive whatever (noting they were bearish - "one to avoid" in 2016 during the 2p era!). Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

"...SolGold has the potential to become a very large copper producer - buy for the long term from these levels"

It's a thorough article but if you follow the news-flow as posted here, there is nothing unexpected.

[pob69] 14/12/2019 14:23

Further pictures of highly mineralised rock samples concerning La Carolina activitiy Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

[pob69] 14/12/2019 09:16

Cascabel is between La Carolina and Lita Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

Military operation stops illegal mining in La Carolina

[mknight] 13/12/2019 16:40

Correct 20p finish .would be Niceto to close at 30p next week .

[markth126] 13/12/2019 15:54

20p finish

[mknight] 13/12/2019 13:31

There is a good chance we will get some news soon which May give us a bit of upward motion but you never know with this share.

Still will add another 40k later .

[lefrene] 13/12/2019 13:24

Good luck mknight. Had I had the sense to sell at 40p when that court case brought all those doubts into focus, then I would have bought back, probably when BHP came in at 22.15p There are some big holders of this company, they seem intent on seeing it through to production, and the whole thing does look too big to ignore.

[jammytass] 13/12/2019 13:22

somethings going on?

[mknight] 13/12/2019 13:00

Just added 60k

Too cheap

[lefrene] 13/12/2019 11:54

Should be 2.5% of $500 billion in my view! But 2.5% or 3% of Alpala would do for starters. Perhaps that $22.5m recently raised was enough to get us to BFS, which if BHP also use their staff might get done a few weeks quicker. I would expect them to have begun talking to Bankers over a year ago, so once the BFS is in place I would hope funds would be available within a few weeks. The picture should then look very different, and if metal prices are moving up by then, then Solg will be on the path to becoming a solid income stock and a hedge against fiat currency inflation.

[mknight] 13/12/2019 11:28

Its come to something that we are taliking about getting to 20p

Should be 70p imho

[lefrene] 13/12/2019 10:31

Has copper turned a corner now that a tiny bit of progress has been made with China? Gold also seems firmer. That 20p might be by the middle of today plentymorefish, seems to be on a roll this am lol!

[plentymorefish] 13/12/2019 09:05

This could easily reach 20p by the middle of next year.....

[arcadian] 13/12/2019 09:03

Copper $2.80 and optimistic talk of a trade deal with China.

[pob69] 12/12/2019 13:22

Interesting perspective from #Peru on the developing mining sector in Ecuador Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

[goodgrief] 11/12/2019 19:17

It's happening. Read the bullet points above the conclusions...htTPS://www.forbes.com/sites/rrapier/2019/05/16/the-holy-grail-of-lithium-batteries/#50b3c66a3d63

[lefrene] 11/12/2019 18:42

GoodGrief, I sincerely hope that they do manage to get electric cars to do 600 miles before recharges, just so long as it's 600 miles at 70mph with the lights, wipers and heater working flat out, and it can be recharged in 30 minutes! Perhaps a tall order, but currently my daily hack is a small diesel, it never does less than 65mpg with lights, heater and wipers going and a tank easily gets it 400 miles without worry, and it was a very cheap thing to buy. (it recently did 750 miles in a day with one stop for fuel that took 5 minutes)

I don't doubt that once established, electric cars will evolve as economies of scale bring down costs, and real world usage shows who can get it right, and who is putting lipstick on their product.

Perhaps the best place to start is with service and delivery vans in cities? Mr Amazon and Royal Mail could lead the way with innovation, but they won't unless forced to, also of course there are all those council vehicles most of which seem to be diesel, I don't see any of them leading the way, but of course it's too costly and fraught with running out of amps which means the job won't get done.

[arcadian] 11/12/2019 18:17

Copper is now $2.79 and seems to be rising gently.

China a lrge cooper consumer is leading the way on EV and recent announcements have been made by BMC and Tesla.

[loganair] 11/12/2019 15:55

I think that EV's are going to explode onto the market from 2025 when the Alpala mine is due to come into operation.

Every 1mln Electric Vehicles require 40,000 tons more Copper then combustion engine driven vehicles.

[noccer] 11/12/2019 15:17

Very Interesting Pob69 - thanks.

I see copper prices improving today, not that is affects SOLG price, but I see China is gobbling up the concentrates available, and has lowest copper stockpiles since 2013, so maybe the demand/supply issue is beginning to move the market (China is half of the world copper market). I see Fitch is downbeat about copper in 2020, but upbeat for 2021 to 2023 - but a lot depends on their predictions for falling demand in China - and growth in demand in India.