Share Name Share Symbol Market Type Share ISIN Share Description
Solgold Plc LSE:SOLG London Ordinary Share GB00B0WD0R35 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.55 1.92% 29.25 9,525,590 16:29:55
Bid Price Offer Price High Price Low Price Open Price
29.10 29.25 30.20 28.10 28.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -18.08 -1.00 600
Last Trade Time Trade Type Trade Size Trade Price Currency
17:11:26 O 250,000 29.365 GBX

Solgold (SOLG) Latest News

More Solgold News
Solgold Investors    Solgold Takeover Rumours

Solgold (SOLG) Discussions and Chat

Solgold (SOLG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-04-14 16:11:2629.37250,00073,412.50O
2021-04-14 16:05:2629.25175,00051,187.50O
2021-04-14 16:00:1029.002,548738.89O
2021-04-14 15:48:2128.8777,10822,261.08O
2021-04-14 15:35:2229.25253,94074,277.45UT
View all Solgold trades in real-time

Solgold (SOLG) Top Chat Posts

Solgold Daily Update: Solgold Plc is listed in the Mining sector of the London Stock Exchange with ticker SOLG. The last closing price for Solgold was 28.70p.
Solgold Plc has a 4 week average price of 20.25p and a 12 week average price of 19.82p.
The 1 year high share price is 43.90p while the 1 year low share price is currently 18.02p.
There are currently 2,049,657,030 shares in issue and the average daily traded volume is 7,134,236 shares. The market capitalisation of Solgold Plc is £599,524,681.28.
tibszol1: What exactly the supply/demand for copper is currently is open to some debate, what is not open for debate is the fact that the price of copper has doubled since this time last year. Solgold`s share price has also performed quite well in that time period, but my gut instinct tells me that only when mine construction commences on any one of Solgold`s projects will we see a substantial re-rate of Solgold`s share price, and if copper in the meantime has risen further, then who knows how much further the shares will rise, many times more than their current level, of that, I am very confident.
rougepierre: The company is positive with their outlook on the Election, which they say is currently too close to call. Both candidates support mining. the meantime... The company did a big 'roadshow' in March with immense interest, where they were able to call a very large number of high quality investors, some of whom have definitely started buying. More anon... Meanwhile... Another good day, which means we have now closed up on the day on each of the last four trading days, on three of which we 'gapped up' at the start of the day... Having bottomed out (?) on 25 March at 20.3p, we have risen 23% in just 7 trading days... Yet another high closing UT, at just about the highest price achieved since 8.52 this morning and again almost 200,000 shares (187k) Added to that, just like yesterday, there was a late bargain of over 400,000 shares which I suspect was a buy... The share price rises are on growing volumes, which is also positive... Yesterday was the second highest daily volume since 12 Feb and today the third highest since 23 Feb... And am I ramping the point...just reporting good news... There may be some profit taking before Monday with the election result due, but I expect the share price to advance again after that... Onwards and upwards...
rougepierre: From Via Minera in Spanish... "April 4, 2021.- SolGold (LSE & TSX: SOLG) reported this week that its exploration program in Ecuador is focused on 13 high priority projects, five of which are now considered core targets and show very encouraging results. SolGold's campaign in Ecuador coordinates several teams that systematically evaluate 75 regional concessions in 14 provinces. On the other hand, in early March SolGold began a process to identify potential partners in more than 10 of its exploration projects, which contain 20 prospective concessions covering 86,000 hectares. In this regard, he hopes that the negotiations for the Aurora, El Descanso, Agustín, Yatubi, Zhucay, Machos, San Antonio, Carmen, El Cisne and Sacapalca projects will continue in the next period. Operating results SolGold reports that the Porvenir project has received strong drilling results to date. Commenting on them, SolGold's Technical Services Manager, Benn Whistler, said that “they are a testament to the quality of the Company's regional exploration portfolio and we look forward to adding more tonnage to the Company's resource base as exploration continues. in the country. " The Cacharposa deposit covers about one square kilometer on the surface and covers a vertical column of more than 900 m, which is more than the tallest building in the world. The mineralization remains open to the north, south and at depth, and the geometry and copper and gold grades achieved through drilling so far are considered suitable for large-scale mining methods. Currently three teams are working on drilling wells 12-14. The tests of Wells 5, 6 and 7 yielded encouraging results, thus Well 5 intersected 528m containing 0.35% CuEq from the surface, including 102m @ 0.66% CuEq from 78m. Well 6: 818m containing 0.41% CuEq from 46m, including 138m @ 0.74% CuEq from 540m. Well 7: 570m containing 0.75% CuEq from 288m, including 204m @ 1.23% CuEq from 316m. The Porvenir project is located approximately 100km north of the Peruvian border, in southern Ecuador. The Cacharposa copper-gold porphyry target is part of a mineralized corridor 1,700 m long trending north and up to 1,000 m wide. Wells 8-11 have been drilled on the project and wells 12-14 are currently being drilled. The 2021 drilling program at Cacharposa is designed to test a mineralized corridor in an area of ​​1,700 m by 1,000 m. Blanca Project In the Cerro Quiroz target, the tests received from BDH-20-004 yielded 9 m containing 3.12 g / t Au, 7.5 g / t Ag, 0.74% Zn from 440 m depth, which include 2 m containing 12.62 g / t Au, 24.9 g / t Ag and 1.39% Zn The gold mineralization found at Cerro Quiroz occurs coinciding with the anomalous geochemistry of silver, copper, and tellurium. The presence of gold telluride mineralization is conspicuous at the Cielito narrow vein gold prospect, which is approximately 500m to the northeast. The Blanca project is located approximately 8km northeast of the Alpala project in northern Ecuador. A portable drilling rig has been operating at Cerro Quiroz since October 3, 2020, with an interruption in operation over the Christmas period due to COVID-19 related delays. Four drill holes totaling 2,041m have been completed here. Heliport Project The Tinkimints copper prospect and the Helipuerto project concessions are adjacent to Solaris Resources' Warintza deposit, within one of the most prolific portions of the Andean Jurassic Porphyry Belt, which is home to the Fruta Del Norte and Mirador, Santa Bárbara, Panantza and SolGold's newly discovered Cacharposa deposit in Porvenir. The Tinkimints prospect is characterized by the presence of highly anomalous copper and copper / zinc in the ground over a 1.5km by 1km area. Extensive field geology and geochemistry programs are underway at Heliport, with an initial focus on delineating the size and grade of the new Tinkimints copper prospect. Sharug Project In this project SolGold recently obtained the Water Extraction License, which was the last permit that was missing to start drilling, which has been planned to test the Santa Martha target that represents a coincident alteration, geochemical and magnetic anomaly characteristic of a system of copper-gold-molybdenum porphyry. The Sharug project is located in the Miocene belt in southern Ecuador. The Santa Martha copper-gold-moly porphyry target covers an area of ​​1.2km by 0.5km and remains open to the east. In this case, the initial drilling program is 3,000 m and is expected to begin in the middle of this year. Yellow River Project In this area, Fathom Geophysics was commissioned to carry out the 3D geochemical modeling of the Varela target and the resulting models have highlighted the similarities between the footprints and the geochemical signatures of the Varela and Alpala lithographs. Drilling is planned to begin in the second quarter of 2021. The Río Amarillo project is located approximately 30 km southeast of the Alpala porphyry copper-gold-silver deposit, which contains a More Indicated Measured Resource of 2.66 Bt @ 0.53% CuEq (9.9 Mt Cu, 21.7 Moz Au, 92.2 Moz Ag). The Rio Amarillo project comprises three concessions: Rio Amarillo 1, 2 and 3. The main target areas in Varela, Florida, Palomar and Chalanes exhibit porphyry-style mineralization and surface alteration covering a vertical extent of up to 1,500 m in a highly magnetic porphyry belt 12 km long by 3 km wide with a northeast trend.
loganair: By John Cornford - Elsewhere, is the disaster (whether temporary or permanent I can’t yet tell) which its CEO Nick Mather seems to have brought upon Solgold. His sin, which I hinted at a long time ago, was his refusal to contemplate any other strategy than to develop Solgold’s , (possibly monster) Alpala resource – all by Solgold’s little self. It never was feasible, if only because investors would not have accorded the value in its shares to enable Solgold to fund exploring its other prospects via reasonably priced equity issues, while waiting such a long time (at least 8 years and possibly more) before Alpala delivers any profit. As it is, the brokers who continue to tout their absurd NPV based ‘targets’;, four times higher than the shares are now) but any value has now been deferred even further by Solgold having to start a completely new and cheaper mine plan, with its updated economic analysis (PEA) that was expected any time now, deferred for another year. So maybe Solg has been knocked down too far by a combination of unfortunate events. But I wouldn’t count on the shares being rescued by any sort of bid in the foreseeable future.
rougepierre: I completely agree lefrene...which is why I have likened this to a game of chicken... There are probably a dozen prospective buyers... For example, there is only nine years gold left in existing mines... Barrick Gold have unashamedly said they are looking at copper/gold prospects... BHP and Rio with stunning results and cash to spare... Freeport McMoran seeing copper prices up to $12,000/tonne Even a multi miner like Polymetal would be daft not to be interested, let alone any miner that is already mining in South America... And of course there's the Chinese... So I'm firmly of the view thaT SOLG has to execute a JV with BHP or NCM for Alpala, letting them have 51%, including CGP, provided they front up the financing deal... The SOLG share price would spike and they would have more than enough cash to develop the Regionals... Otherwise I agree, but even at this price an opening bid of 50p would be derisory... Remember last August, SOLG tweeted the article saying they were "the hottest takeover story in the City..." Only a matter of time...tick tock...after all, Citi were appointed for bid defence...
rougepierre: Hi Arcadian I'm sure you read my detailed post above... May I put a different spin on it, acknowledging that I am very committed... The company is comfortable about the election situation. I can't say why specifically but it is probably because Arauz is the likely winner, but also any President would be daft to ignore the prospective salvation the mining industry brings, as their O&G industry is tanking... Furthermore, the IMF, China and the US are calling the shots... Yes the Alpala PFS has been delayed again, but that doesn't mean the DFS needs to be delayed and they've been working on financing for at least six months, if not more... Meanwhile, the debt markets in the US and Canada have never been more propitious, with the FED as a ready secondary buyer of corporate debt and interest rates at record lows, right out to 50 years...Solgold only needs 5 year debt, where the Treasury yield is 0.49%...of course BBB corporate debt would price higher than that, but below the 8% discount rate used in the PEA for example... I very much doubt the Board is split, otherwise NM would not have been ousted. The new Governance arrangements and the thoroughly sound reworking of Alpala suggest a high degree of unanimity in what was a difficult cannot afford to go into a $3 billion project with some of the risks not properly worked through, and mining some surface deposits at the same time as building the block cave smacks of common sense, which shouldn't be surprising based on who it is being led by: "Mr Kevin O'Kane is based in Canada and is a mining engineer with almost 40 years' experience in the global mining industry. Kevin has worked extensively for BHP in South America and has significant executive level operation leadership skills which he gained from large scale copper mines, including almost nine years at La Escondida." Finally, far from "a divided company board which now seems uncertain about the way forward and its relationships with its largest shareholders..." It is clear that the Board has reached out to its major shareholders in a constructive only have to read yesterday's quotes from Cornerstone... I assume you still hold here and many people will be angry or frustrated at the collapse in the share price yet again... I believe the Board has 'kitchen sinked'...I hope 5th of Feb was final capitulation of the share price...there is enough cash in total until 2022 and for the Regionals until May...the copper price keeps setting new highs and is forecast up to $12,000/tonne...the global economies are recovering...and the rebuilding will be led by infrastructure spending... Good luck...onwards and upwards...
rougepierre: So jwafc...I was already reducing when they fell to 27p... When I woke up and saw they were 20p, having hit 19.82p on that friday, I thought... "Its not smart to be in these while there is all this uncertainty...and the market doesn't like the PFS delay..." So when they bounced, I sold 375k at c 23.2p to leave 200k (100k each) (I'd already sold the other 100k at c28 having reduced right down from as high as 900k in December) There was of course the possibility that they would fall further, but the fundamentals were just as good, but the timescale had stretched and I was concerned about the cash position... Then there was the Ecuador election uncertainty, so what I was looking for was: 1 Evidence of final capitulation (i.e. the share price forming a bottom) 2 Evidence that the Election outcome would not be unfavourable to mining 3 The MD&A...NOT the RNS, because the former contains much more detailed information...enough to work out the projected cash position... So... On that friday, 39 million shares were traded...the largest ever...and as I said to my friend, "while c20 million were sold, c20 million were also bought, so somebody is comfortable to hold"... The share price closed that day at 20.65...I was waiting for a modest re-entry and eventually bought back 300k at c21 (that took our residual average UP to c20p) So then the objective was to buy back at below the 23.2p exit price if possible. The election looks like it will go to Arauz, but importantly the runoff is probably between him and Lasso...big tick The MD&A showed that SOLG needs no cash before May earliest and...because they've negotiated a delay on the FNV $50m, no cash for Alpala until there is enough to complete the PFS, the DFS (which I think they will do concurrently) and the financing package... If they need a raise in May it will be modest and solely for Regional Exploration... By then I won't be worried about modest dilution, because the copper price will be higher; the share price will be higher for various reasons and... They might have had a bid or they might enter a JV for Alpala...both would put a rocket under the shares... So in conclusion (and I'm sorry its long winded) we bought another 300k at sub 23p yesterday/today because on a Risk/Reward basis I now think the upside potential is greater than the downside... If it goes lower I may add even more, but there are so many propitious factors now that I am hopeful we have seen the bottom... And when you reflect...22.75p is a ludicrous price for the sheer quality of the portfolio of assets Solgold has... AIMO and good luck...
nas_daq: Lol.......lefrene Red Pete is the biggest perpetrator of bs on here, in the last couple of weeks he’s been all in with 900k lol then sold down to 300k at a profit have it bought at 28 but sold at 22 and made life changing money trading he was probably a big issue seller to start with then And then yesterday he posted this pearl of wisdom rougepierre - 08 Feb 2021 - 09:09:57 - 29690 of 29746 SOLOMON GOLD: EXPLORING 100% OWNED SITES FOR 40M+ OZ AU; JV WITH NEWMONT MINING - SOLG Added to fridays buys...another 225,000 at up to core holding of 675,000 again... Fingers crossed...lots go big buys and big sells this AM... Followed by today ......... rougepierre - 09 Feb 2021 - 13:39:18 - 29734 of 29747 SOLOMON GOLD: EXPLORING 100% OWNED SITES FOR 40M+ OZ AU; JV WITH NEWMONT MINING - SOLG No...on friday and yesterday I increased to 375k, having started at 200k... I do sincerely hope the share price goes up, but I will be back in if it goes sub 20p... In the meantime I think my gold/silver shares offer more immediate upside... AIMO as usual... Oh and BTW surely its better to honestly appraise and bite the bullet sometimes rather than stand in the headlights... I just think the time horizon has now stretched here and its time to take a more relaxed view... Its a bit like JAY actually...stonking story...good recent RNSs but waiting now and the share price just drifts as MMs mark it down... Remember MMs make their money by selling shares they don't have and buying them back cheaper... As you can see his maths isn’t too great.......600k yesterday turned out to be 375k today.........perhaps he lost those share in the bs he spouts
jlondon: Solgold Solgold shares have fallen 15.52% on Fri, 5 Feb 2021. Mkt Cap now £4 7 5m or some US$650m [£1 = US$1.37 today, Sun 7 Feb 2021] ----- Fri, 12 Feb 2021 REASON has returned to the Solgold forumS especially on Lon Sth East wherein folks have realised the doomers have caused the fall in share price when fundamentally nothing has changed per one poster there [not me]. Share price has recovered to around 22.6p+ from a low of some 20.5p mark. SP Angel*s Vox Mkts podcast, Hannan & Liberum notes refers. Also, the Ecuadorian voting results - think folks got the old news today. That*s all from me with thanks. J.London.
rougepierre: Arcadian...I've always tried to be open, honest and constructive on here is my post from 'the other side'... " be completely open and transparent here...we have today sold over 600,000 shares at c23.2p... Right now the only thing that can prove us wrong is either a JV or bid announcement... Otherwise the share price will continue to drift... In all my 50 years market experience, there is always a second phase of the drop and you need final capitulation before the share price starts to recover... Let's hope this is capitulation... We've made a huge amount of money out of SOLG which has totally changed our lives and even today's were sold at a profit...I could dwell on not selling more at 43p but that gets me nowhere... For the time being we have a huge amount sat in cash waiting for a main market crack...the vast bulk of our portfolios is still in gold/silver/copper... And we retain 300,000 shares in SOLG (200 for me 100 for her) least you won't be short of things to talk about for the next few weeks... Finally...the new Board is at last using the playbook that I used as a Chmn/CEO/GFD... UNDERpromise and OVERdeliver DON'T 'Confetti' RNS 'Kitchen Sink' all the bad news... Tick for all three...I believe the Board's view now is: Be realistic...PROPERLY PFS and CFP...raise enough cash to get through to Q1 2022 including Alpala and Regional Exploration, including from major holders and fully and properly at every earliest required date... And fingers crossed that Goldman's Bull market in commodities starts PDQ...copper at $4 makes everything work..." AIMO as usual...
Solgold share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210415 03:02:03