Solgold Share Discussion Threads

[nas_daq] 01/5/2020 17:07

And next week, without funding news, the share price will be back at 22.25 maybe lower.....Profit is good but I don't see you announcing you have sold any like you announce most days you are buying......

[mknight] 01/5/2020 17:01

Nothing todo with hindsight .

If you remember we started the week at 22.25 ..

People bought and some sold for a profit which is good .. nothing wrong with profit .

[nas_daq] 01/5/2020 16:57

Love a hindsight trader they are the best and most successful.......
Winning trades all the way from 31p

[mknight] 01/5/2020 16:50

A good day i would say .

UT 25.25

alot the folks got out and took some profits which is great . I bought over 400k today at around 25.20 or thereabouts which seemed unlikely two days ago so for that i must thank DD and nas daq for their help .

News next week and a share price much much higher than today always Imho .

And last but not least Gold heading back to 1700

Have a great weekend all

[rougepierre] 01/5/2020 15:55

Or a Corona...

As long as we get away from the whining and dinning (sic)... ;-)

[lowtrawler] 01/5/2020 15:41

Time for a quarantini.....

[greenelf] 01/5/2020 15:30

Roll on sundowner time :)

[phattrader1] 01/5/2020 15:26

Hah just messin here.
But this looks like a good finish.
We should
Make 27.

[lowtrawler] 01/5/2020 15:20

By offering even less than the bid price? LOL, all they're doing is attempting to stop the price falling by putting in blockers. Nothing to do with takeover unless you think supporting a higher price does that.

[phattrader1] 01/5/2020 15:14

They wanna buy before the bid 🤣☺A039;

[greenelf] 01/5/2020 15:11

Eh? How does that make a take over?

[phattrader1] 01/5/2020 15:05

Citi MM’s on the Bid below 25p, 300k.

Takeover incoming imo.

[rougepierre] 01/5/2020 14:43

Agreed LT which is why I will sell half at 40p unless its eclipsed by a spike...

[lowtrawler] 01/5/2020 14:34

Thanks Nas_daq. I believe you are forming a view from an outlier in the share price of 10/12p. In reality, the price was stable in the high teens prior to CV and so I believe you need to assess why it went up roughly 50% and not 150%.You have identified a lot of the key events but the 2 main drivers were interest shown in the offtake arrangements with £150m development funding and a statement that longer term conditional financing was close. We should get details on the former next week. In my view, that alone is sufficient to have justified the rise. You may be proven correct and that the longer term conditional financing is not announced anytime soon. However, the £150m has bought them time to get that sorted. If they do sort out the longer term financing, I think we will rise further.There are a lot of risks investing in SOLG and so I only risk what I would be willing to lose. At the moment, the potential rewards still outweigh the risks. As I have posted many times, as you head into 40p plus, that may no longer be the case.

[lefrene] 01/5/2020 14:31

mknight, where has this liquidity come from? Not long ago the REPO market froze for want of liquidity. Is this the bunce from the FED buying up all and any toxic junk? It seems that those in high places are behaving as if it will be business as usual before too long?

[rougepierre] 01/5/2020 14:28

Picked up an epically apt post by Nasdaq the other day...

" let’s hope he crawls out from under his rock again later today to be mocked......."

Apply to self...

ATB!

[mknight] 01/5/2020 14:25

Newcrest raised a billion , THe fed are funding small large and medium size companies . Paying companies to keep people employed . Trump foing to hit China for the costs of the virus by putting taxes on their goods . They will create jobs rather than buy the goods from China . Might affext apple but the bigger picture is lets rebuild .

[nas_daq] 01/5/2020 14:24

I doubt it very much

[rougepierre] 01/5/2020 14:23

jammytass...I pay a substantial proportion of my income to charity by DD every month...

Currently my choice is NSPCC

Oh and I'm a 71 year old pensioner...

What about you?

[rougepierre] 01/5/2020 14:21

The UK Mining index fell 38% from 21 Feb to 16 March...recovered 24% to 29 April...

KAZ fel 49%...recovered 64%...

SOLG fell 56%...recovered 187%...

Talking arrant rubbish yet again Nasdaq...

As I said...every time you post you look stupid...don't you get it...?

[mknight] 01/5/2020 14:18

Lefrene it was over subscibed could have raised 70 billion . Because the market is awash with liquidity.

Solgold will have their funding next week. NM is with Ludlin and the mining minister on Wednesday ..think about it .

[lefrene] 01/5/2020 14:13

Fascinating that Boeing raised $25 billion on a bond issue. A company that makes products that drop out of the sky killing many people because they knowingly skimp on the product, and in a business segment that currently looks like it is going to struggle for several years for lack of demand and bankruptcies. All about allocation of capital I suppose, or major shareholders having to throw good money after bad in the hope of not seeing the company fail? Makes the $ 2.8 billion needed to get Solg going look small potatoes.