Solgold Share Discussion Threads

[ntbb] 23/4/2020 12:13

Gold prices going through the roof, makes our resources more thought after

[mknight] 23/4/2020 12:07

Lefrene . We have some days before the news . I hope for a steady rise going into the news .

But long term things are looking good .

[mam fach] 23/4/2020 12:03

Investors holding SOLG. Speculators are in and out of shares related to covid-19.

[lefrene] 23/4/2020 11:58

mknight, I agree, but I suspect that the price will not rise until the actual event, whereas in the past the price would rise in anticipation.

[greenelf] 23/4/2020 11:52

Feeling extremely bullish on Solg currently. Fuse is lit I reckon :)

[mknight] 23/4/2020 11:51

Thats why the fund raising in the next 2 weeks will give the share price a nice boost imho. Bringing in CITI wont hurt either

[lefrene] 23/4/2020 11:44

I think we have to recognise that we are in a time of rapidly shrinking liquidity, the cash that was sloshing around is being used to pay down huge debt, thus there's far less ready money for speculation. While we can see the likely trajectory of this company, there's still no absolute certainty of what or when.
So it could just be that those with the resources will continue to sit on the side lines until something actually happens, before deploying shrinking cash.

[mknight] 23/4/2020 11:27

150k on the bid at 20.60

Someone took them ...nice buy .

[ntbb] 23/4/2020 11:18

169,246 buy at 21.20p

[ntbb] 23/4/2020 10:53

Last shake I guess

[mknight] 23/4/2020 10:24

Lowtrawler

In the mining journal it was said that within 2 weeks the deal would be done . Its thursday today so there is a good chance it could be next week ..

[lowtrawler] 23/4/2020 10:16

I'm going to call it. Events over the last couple of weeks have given comfort to existing holders that everything is on track but it hasn't attracted any significant new interest. It has helped propel the share price to just below resistance but without any serious attempt to breakthrough. We may get another half hearted assault on resistance but I think we are stuck.We will obviously get details on some of the financing in the next couple of weeks and that will be the next chance to move up.

[ntbb] 23/4/2020 10:01

Just like gold price this is going up

[mknight] 23/4/2020 09:52

Green they pushed it down wait a bit

It went down on 15000 shares .

This is going back up .imho

[greenelf] 23/4/2020 09:49

L2 is clearly useless.

[mknight] 23/4/2020 09:49

Tree shake on no volume .

[ntbb] 23/4/2020 09:37

Everyone liked that interview, I liked when he said best way to.avoid take over is by having a higher share price, that's my liking

[mknight] 23/4/2020 09:33

I agree

Probably the bid will go back to 21.10 soon .

[ntbb] 23/4/2020 09:29

No ones selling, we know news coming, only way is up

[mknight] 23/4/2020 09:28

Shame its ove half the price 🤔

[ntbb] 23/4/2020 09:21

Order book never looked this good since bhp buy at 45p, this got to tell you something

[lowtrawler] 23/4/2020 09:10

It's a potentially good sign that we are at 21. We would struggle to break 22.15 resistance any lower. However, the volume is still very low suggesting the MMs could just be playing games. We will know by the end of this week for sure.

[mknight] 23/4/2020 09:09

Ntbb

Markets send to go up at this price 1p a day and sometimes may jump 2.5p which i think is possible today . But it wont go to 29p without news ...very good news .

Gold going higher ..so that will help

[ntbb] 23/4/2020 09:03

Just under 2 weeks, either a bid or into production so win win situation for us

[lowtrawler] 23/4/2020 08:57

Keep an eye on trades through to mid morning. Any big investors speaking to the board yesterday and buying into the journey will likely purchase this morning. If not, we will need the next piece of news before attempting to breakthrough.