Solgold Share Discussion Threads

[bogotatrader] 13/9/2020 09:41

Mirabeau

Interesting read -

[mirabeau] 13/9/2020 09:21

BT

Do you have access to the Hannam note mate?

tks

[bogotatrader] 13/9/2020 08:47

Hannam research note quoted 130p takeout valuation but they are using a more conservative target price of 107p

[bogotatrader] 13/9/2020 08:36

Solgold Joint House Broker Hannam & Partners published research note with 107p price target

[bogotatrader] 11/9/2020 15:44

Cornerstone down 4.7%

[bogotatrader] 11/9/2020 14:33

Looks like Cornerstone Capital will open a touch lower

[bogotatrader] 11/9/2020 12:42

BoA research backs the story here....Made my initial purchase here just now....T20 was 0.065 premium to 26.85p...indicating MMs know where this is heading and don't want to realease stock cheaply.

[mam fach] 11/9/2020 12:40

I'm not selling SOLG only sorry I sold GGP.
On a serious note it is worrying when mining companies run
rough shod over indigenous cultures.
SOLG do seem to be working hand in hand with Ecuador government.
Stay Safe.

[mknight] 11/9/2020 11:14

Mam dont worry its only up 19 times so if you had 10k invested would have been 190k now .

Alot of stress worrying about when to sell etc .. better off in Solgold .😃👍

[mam fach] 11/9/2020 10:26

All that can be said has been said.
None of our theories or predictions have materialised.
To think I had GGP at below a penny and sold at below 1p.
Obviously my reasoning was flawed.
At this rate GGP will overtake SOLG.
GLA

[mknight] 10/9/2020 16:43

Well lets see if the share price can do a little better tomorrow . 12m traded and down to 26.30 at close .

[swanvesta] 10/9/2020 15:57

Maybe someone in the financial press needs to write a story about it.

[lefrene] 10/9/2020 14:55

LT, spelling it our plainly like that it's obvious what the best deal is for CGP holders, but as you say the CGP board have another agenda, and their indignant noises are blind siding their share holders. Perhaps NM should try again but spelling it out as you have?

[lowtrawler] 10/9/2020 14:28

RTS, in my view, says it all about CGP and Newcrest. Blinkered on Alpala and to hell with the rest. The only people who can't see value in the CGP bid are the directors, because they'll lose their jobs. Would you rather have 6% of SOLG, 15% of Alpala, $50m debt to SOLG and needing to find $300m of funding or 15% of SOLG.If you don't go for the latter, there must be a screw loose.

[riotinted_specs] 10/9/2020 13:53

I love that we aren taking about Alpala being a quick fix - a 56 year mine with assets that represent the largest silver mine in the world, the 3rd largest copper mine and the 6th largest gold mine. And it is relegated to a quick fix, as we have another dozen assets which could be of similar calibre. Just fantastic.

[zcaprd7] 10/9/2020 13:53

It will be interesting to see volumes around the 30p level...

[plentymorefish] 10/9/2020 13:47

Ah, good old insider trading do you mean?!.....

[mknight] 10/9/2020 13:44

Good volume would suggest some news about to break .

[wbodger] 10/9/2020 12:55

Voted up #24686. Sensible strategy for BHP.

Edit added: They would have to get NM on board though, and he would be hard to please.

[lefrene] 10/9/2020 12:50

Mirabeau, that's how I read it too. But there's no actual knowing though. I guess MM's have some sort of code to help each other manage situations? Or somebody with a large lump of stock to go, that they wanted to shift in a hurry, if so a big trade should show up at the end of the day.

[mirabeau] 10/9/2020 12:34

lefrene

Assuming it was a targeted attack on stop losses then surely one could assume this to be a buy signal based on the assumption that the attack itself was a buying strategy by persons unknown?

[alwaysevolving] 10/9/2020 12:34

Someone just got screwed there on that low test and instant return to the mean.

That once happened to me while spread betting and I lost a grand in under 5 seconds. It’s all bloody rigged I tell ya!

[lefrene] 10/9/2020 12:31

Mirabeau, that's what I thought too, a deliberate spike down to harvest stop losses.