Solgold Share Discussion Threads

[ntbb] 16/4/2020 16:24

Not really just some profit takers, remember 10 qualifying bids received and more expected with copper smelters, I honestly wouldn't like to be out of this even for a moment, majors eyeing this company its plain and simple

[greenelf] 16/4/2020 16:17

Americans dumping th6iz now lol

[ntbb] 16/4/2020 15:12

Thanks mk, 100,000 buy at 20.94p and 50,000 sell at 20.81p l2 is not showing true size of orders, I expect 21.50p to get mopped up soon towards the end

[ntbb] 16/4/2020 14:49

Anyone know the top 10 smelting operations in the world

[ntbb] 16/4/2020 14:48

Lowtrawler, give it a time this gets interesting towards the close

[lowtrawler] 16/4/2020 14:44

Did I blink and miss all the US money rushing into SOLG?

[lefrene] 16/4/2020 14:32

ntbb, what you mean they don't get up at 3am each day to check their SOLG price? What a bunch of amateurs! :¬)

[lefrene] 16/4/2020 14:30

ntbb, if the other 14 principle sites are comparable with Alpala then there's something like $800 billion in the ground at todays prices. 2% of that would be $16 billion! About £7 a share, I'd settle for £5 just now

[ntbb] 16/4/2020 14:29

Lef, they were sleeping!!

[ntbb] 16/4/2020 14:29

Lef, they were sleeping!!

[lefrene] 16/4/2020 14:27

I can't see the USA open making any difference, if they trade by computer presumably they can buy once the UK is open?

[ntbb] 16/4/2020 14:26

Mather mentioned barricks gold interested in these kind of mines, I think if they can buy solg it will be a dream come true for them, just alpha will produce 58.4 billion dollars and thers 14 other sites which are more richer resources then alpha

[ntbb] 16/4/2020 14:22

Charts looking very nice

[mknight] 16/4/2020 14:14

Hi Arcadian hope you are well . True American money still to come .

[ntbb] 16/4/2020 14:11

We sure didnt know yesterday we would get such a fantastic rns and we know next news is positive, directors buy!! They even announced on 11 march rns that directors tend to buy shares

[arcadian] 16/4/2020 14:08

US money still to come.

[ntbb] 16/4/2020 14:08

Afternoon buying from usa coming at 2.30

[ntbb] 16/4/2020 14:07

Rapid buying going and spread so tight it should.now breakout out imo

[lowtrawler] 16/4/2020 14:06

I doubt we'll see much movement in the price now. The volume trailed off after 9.30 this morning and there doesn't appear to be a big rush to buy or sell. I'm extremely surprised but hopefully it gives us a stable base from which to rise.

[greenelf] 16/4/2020 14:05

Yes, the price movement today does strike me as highly artificial.

[ntbb] 16/4/2020 13:50

I'm expecting a sudden price rise, theres buying going at the background

[ntbb] 16/4/2020 13:43

I.cant believe we are still at 21p

[pob69] 16/4/2020 12:57

I think it is very interesting that the price remains stable after the rise as previous spikes have been sold into.

SP Angel update on news Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

SolGold* 21p, Mkt (AIM:SOLG)ap £352m - Progress report on potential offtake for Alpala concentrate

In our opinion, the long-term appetite for copper is supported by the move towards cleaner energy which implies a significant enhancement of energy distribution networks using copper cabling. Many of the world's largest copper mines are now mature and the interest of metal traders and primary consumers of copper concentrate in a new source of high quality production is compelling evidence of this underlying demand.

Conclusion: Solgold has received high levels of interest from both traders and smelter operators in its potential to supply significant values of high quality copper/precious metals concentrate from Alpala. Although at this stage terms are merely indicative, they exceed those assumed in the PEA and some are reported to include possible access to capital. We look forward to further information as discussions advance.

[lowtrawler] 16/4/2020 12:55

Hopefully some director buys to be announced soon as well.