Solgold Share Discussion Threads

[mknight] 19/8/2020 16:52

Lowtrawler.

That is very true but i am adding a few because some are selling a few ( normally on a Thursday when news does not arrive ) and the market will soon be updated on at least one drill and maybe 2 or even 3 .

I may sell a few of the extra i have bought if the share price climbs quickly .

[mknight] 19/8/2020 16:48

Rougepierre, last week you was in disagreement with me when i said that we should have a review on all the regionals as there are only 3 this would be quite simple . I see you are now posting for that review on LSE ..

The share price has slipped maybe Half a p which makes it a good time to add imho

Just missed out on 26.10 today .

[lowtrawler] 19/8/2020 16:47

I thought you'd already be at your desired holding mk? Calm periods can make you sell or buy from boredom. I know I've been guilty of that in the past.

[mknight] 19/8/2020 16:19

Yes less than 10% off PEA numbers now .

Gold remains 50% over 1950

[lefrene] 19/8/2020 16:15

I see copper nudging back over $3, that has to help, looking way back copper generally seems to follow gold but with a three month lag,

[mknight] 19/8/2020 15:17

I think adding when things are quiet is the one thing we can do to enable us to maximise the rise that may be coming our way .

At 26.5p it now seems cheap . With the regionals now being drilled that could bump up 50% in no
time .

Lets see if i can get 12000 at 26.50 .

12k more as those that just cant wait sell a few .

Placed another 12k at 26.10

[lowtrawler] 19/8/2020 15:06

Just the calm before the storm. Plenty of excitement over the next few weeks. We can practice the most important skill we have as investors - sitting on our hands.

[mknight] 19/8/2020 13:58

Yes strange the share price is stuck at this low level .

Lets hope the regional drilling un covers some goodies in the next month or so .

Latest m/cap 544 m pounds .

[the count of monte_cristo] 19/8/2020 12:57

If they find another world class tier 1 project, it is game on for a takeover, especially in this environment of high precious metals prices and a strong copper price. A takeover would need to be in the billions. I not the brokers generally have a price target of 70p, from the most recent company presentation. A bidding war would be highly likely considering who the large shareholders are.

Hidden copper and gold projects, now being found using state of the art technology I love it and some could be brought into production earlier than Alpala. From the recent RNS...

"The Company wholly-owns four other subsidiaries active throughout the country that are now focussed on thirteen high priority gold and copper resource targets, several of which the Company believes have the potential, subject to resource definition and feasibility, to be developed in close succession or even on a more accelerated basis compared to Alpala".

[pob69] 19/8/2020 09:11

Solgold presenting at Beaver Creek Precious Metals conference 16/9 SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.

[disruptor1664] 19/8/2020 09:09

Must have been the poster on LSE who said they was going to email him with a tip to stick some bags in SOLG!Silly Warren missing out on this.

[mknight] 19/8/2020 08:47

Probably and they just added another 100k😃

[arcadian] 19/8/2020 08:36

MAYBE

Berkshire ????

[mknight] 19/8/2020 08:30

164k buy at 27.17 . First time over 27p for a while .

[lefrene] 18/8/2020 21:06

tibZol1, no harm in trying, but Buffet is not the type to try home cooking, he'd much rather buy an up and running restaurant which has some trading history.

[pob69] 18/8/2020 20:23

New August corporate presentation Solgold SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.

Slide 3 Franco deal expeceted Q3
Slide 10 new picture of Alpala Camp which has grown significantly from the last picture
Slide 21 DFS back to Q3 2021 (from Q2 in previous chart)

Ineresting to see several slides deleted:
-Alpala PEA showing Tier 1 with block caving (which stated "SolGold has received 10 qualifying bids for the off-take of copper-gold-silver concentrate from Alpala. This points to a strong outcome in the generation of a near term development funding package"),
-Alpala top 5 global development project (SOLGOLD BELIEVES ALPALA IS THE ONLY INDEPENDENT AND INVESTABLE MAJOR DEVELOPMENT PROJECT GLOBALLY)
-Metallic overview
-High grade core to deliver fast payback
-Lowest cost copper quartile project

Are things brewing on the corporate funding side of things?

[arcadian] 18/8/2020 19:52

3mth copper almost $3

That must affect how others see SOLG. We just need patience and POBs newscasts of course.

[tibszol1] 18/8/2020 19:37

Lefrene,
Already done that several months ago. Following an interview on Youtube, Buffet explained how difficult it was to find companies in which to spend the sort of cash he has at his disposal, jokingly he invited anyone who knows of good worthwhile companies to let him know, he would be happy to take a look. So I emailed Berkshire Hathaway and pointed him in the direction of Solgold, suggested he get one of his minions to do the research and present a case for or against. Never did get a reply, obviously Barrick was more to his liking, but who knows, he may wind up with an interest in Solgold via a takeover by Barrick .

[disruptor1664] 18/8/2020 18:50

Best part about the McLaren F1 LM is that there's only 1 seat. So no wife in the car. Surely that's worth the extra 2-3 million?

[disruptor1664] 18/8/2020 18:49

A truly stunning car, and one I have never seen in person on the road, so I have to congratulate you on a unique choice of car. Usually I am a NSX (NA2), Supra A80, Skyline R34 GT-R fan... But I would settle for a XJ220 I suppose. (6.2L, of course) in my heart of hearts though, the F1 LM... Phwoar! In regards to LSE, I'm with you on the Production Vs. Reinvestment. Couldn't have said it better myself, seems like striking whilst the iron is hot in the current climate, maybe ATYM will hang on at 190 until the a (potential take over...).

[rougepierre] 18/8/2020 18:35

Hi Disruptor...congratulations on your bold debut on LSE...

Forget about the McLaren mate...I bought an AMG GTS with the profits from SOLG first time around (70th birthday treat...) Wouldn't swap it for a McLaren any day...massive performance and ~I can get two golf bags and two overnight bags in no bother...

See you on the other side...

Rouge

[mknight] 18/8/2020 18:33

Redknight

Ecuador CV cases average 900 a day not enough to stop mining at any of our sites .

[disruptor1664] 18/8/2020 18:29

You not been on the G&T's all ready have you? :]

[disruptor1664] 18/8/2020 16:27

At the risk of falling into a potential trap, which part needs repeating?