Solgold Share Discussion Threads

[ntbb] 16/4/2020 10:27

Mk 25p today I'm confident

[ntbb] 16/4/2020 10:26

We have qualifying bids from canada china europe India japan and korea pretty much the globe is covered

[mknight] 16/4/2020 10:26

Its going to go at some point today i guess we will end the day at 22p maybe 23p

[ntbb] 16/4/2020 10:24

Bhp paid upto 45p a share we.have oppourtunity to buy at 21p with this significant rns, wise up people

[ntbb] 16/4/2020 10:19

"Attracting significant interest" Bhp will surely have to strike well the iron is hot

[ntbb] 16/4/2020 10:18

SolGold Chief Executive Officer, Nick Mather commented: "The high quality of the concentrates and the gold rich nature is attracting significant interest from not only traditional financiers, but from traders and smelters, pointing to a strong outcome in the generation of a near term development funding package.

[mknight] 16/4/2020 10:13

Well all that sold cannot buy in cheaper .

Been saying it all along .

[lefrene] 16/4/2020 10:09

I suppose anyone who bought recently below 13p then this is a 50% profit and a sell on the news opportunity to lock in a profit, and why not? But I'm here for what I believe will be substantial capital appreciation as value gradually gets unlocked. Today we get a first glimpse of the key being flaunted on a velvet cushion.

[ntbb] 16/4/2020 10:08

I think 21p about to go

[mknight] 16/4/2020 10:01

Ntbb

Those trades will only put off a trader who wants to make a quick buck .anyone looking at this with spare cash would snap them up in a flash .when the states open we should see a large improvement in the share price .

[mam fach] 16/4/2020 10:01

We can't please the market can we.
NM has always maintained he would take SOLG to production.
He's now showing us how he's going to do it.
Not up for sale but offering a slice of the cake.
More news will follow shortly.

[ntbb] 16/4/2020 09:54

This rns is like a offer rns for the company, all the smelters falling over for this.company

[ntbb] 16/4/2020 09:48

Low theres 2 trades of 243k and 250k scaring some other ways this should of reached 25p at least but I think it will when big investors wake up to thos news

[lowtrawler] 16/4/2020 09:45

The failure of the price to go higher is a great mystery to me. I have never seen a better buying opportunity.

[lefrene] 16/4/2020 09:44

I would guess that NM would like to sell Alpala to get money to develop the other 14 sites so far identified. That way he gets to be a big miner and no longer getting kicked around as a mere prospector.

[ntbb] 16/4/2020 09:42

More bids to come, writing's on the wall, you got to be in it to win it

[ntbb] 16/4/2020 09:41

In February this year, SolGold engaged with established international commodity traders to submit terms for the offtake of Alpala concentrate. To date, 10 qualifying bids have been received with more expected once worldwide restrictions due to COVID-19 are lifted.

[mknight] 16/4/2020 09:36

Lowtrawler.

Correct imho

I dont think he would accept 60p i think he will take it to production if he does not get 100 .

An interesting few weeks coming up .

Amazing you can buy at 21p

[ntbb] 16/4/2020 09:31

This is just alpha and we have another 14 alpha if.not better



 At spot metal prices, life-of-mine NSR sales proceeds are estimated to be USD58.4bn under PEA assumption.

[lowtrawler] 16/4/2020 09:30

A bid will come before they actually sign up to the offtake agreements. Sounds like they are still a few weeks away from putting pen to paper which will give the big boys time to get their bid organised. Minimum 60p when that happens.

[ntbb] 16/4/2020 09:29

No wonder so many bids attracted

low deleterious content copper concentrate.

 

[ntbb] 16/4/2020 09:27

Following the release of encouraging metallurgical test work results in October 2019, the Company began engaging with major global copper smelters and international commodity traders, to assess the interest and commercial value of Alpala's high copper, high precious metal and low deleterious content copper concentrate.

 

Subject to favourable outcomes in development funding and necessary permits, production of gold rich copper concentrate is anticipated to commence in late 2025, as outlined in the Preliminary Economic Assessment ("PEA"), filed on 19 November 2019. In the first 15 years of production, based on the 50Mtpa fast ramp up scenario, the mine is expected to produce an average of 810ktpa of concentrate with grades of 28.2% copper, 22.1g/t gold and 65.7g/t silver. These grades would result in production of contained metals of approximately 230kt of copper in concentrate, 580koz of gold and 1.7Moz of silver per annum on average. At spot metal prices, life-of-mine NSR sales proceeds are estimated to be USD58.4bn under PEA assumption.

[mknight] 16/4/2020 09:26

One thing that is forsure NM wants to sell to develop the other sites .but now he does not have to take a low ball offer .once he signs the agreement the big boys wont be able to change the terms .

[mknight] 16/4/2020 09:25

Lefrene

We are Clever or stupid as the market does not see it .

[lefrene] 16/4/2020 09:22

mknight, I agree it's a game changer, should be back to 45p as a minimum.