Solgold Share Discussion Threads

[mam fach] 07/10/2020 14:04

Not sure how much more good news I can cope with.
But one thing is certain there's a lot more on the way.
GLA Solgers. What a happy bunch we are.

[mknight] 07/10/2020 13:58

Jaregq85

Wait until 3pm

[jarega85] 07/10/2020 13:02

Going blue

[jlondon] 07/10/2020 12:45

Solgold advertised price: 37.6p to sell and 37.72p to buy. Live dummy quote: 37.6 to buy and 37.6541p to sell. Pattern seems to be following what happened some days ago ie selling price better than buying price?

Wed, 7 Oct 2020 at 12:45.

[mknight] 07/10/2020 12:25

P@

We will never know but whatever it was its in the price now .

[p@] 07/10/2020 12:19

650000 buy!

[mirabeau] 07/10/2020 11:41

Why up from drilling 8000m to 50000m if SOLG do not believe Porvenir grades to be commercial? That simply does not make sense or maybe Mather's sending a signal to BHP and pointing out to them that Porvenir is massive and they'll have to cough up big time

[zcaprd7] 07/10/2020 11:37

Agreed, nothing wrong with a bit of top slicing, I've banked a small profit (from what was a very overweight position after the recent rises) and rebalanced my portfolio - into Centamin as it goes - as they had a very oversold situation over there.

[jlondon] 07/10/2020 11:36

Solgold price- saw it go from 37.45 to 37.55p to sell. On checking live dummy price, it is 37.58p to Sell & 37.8259p to Buy.

Alpala-it used to be 30m drilling reach a day. From the recent Solgold Porvenir RNS it does appear to be also the case as Alpala. If so, then on Fri, the drill should have hit target depth of 750m.

From recall, Solgold may later make the decision in the next few drills to go to 1,500-1,600m depth if they follow the Alpala model.

Now, it will be all about grades which share price Angel said they are also awaiting for.

Porvenir Bartolo is even larger.

Wed, 7 Oct 2020.

[mknight] 07/10/2020 11:25

If i was BHP i would be bidding 75p for the lot asap .By the time the results from Porvenir come out it might be alot more .

Plus la Hueca. Plus Blanca .plus Río amarillo

Throw in the PFS .

[pecker1] 07/10/2020 10:48

Likely to see more exciting news flow before NM presents at 3.05pm next Wednesday afternoon at the annual Dealers and Diggers mining forum in Kalgoorlie. I'm sure we all have got a wishlist!

[plentymorefish] 07/10/2020 10:02

Poor grammar by me....I meant to say further upside here looks a much more likely outcome than much downside.......

[plentymorefish] 07/10/2020 09:56

Thanks....so you mean it's more about protecting profits than panicking (which makes more sense)?.....nothing comes without risk but the upside here looks a much more likely outcome than downside imo....atb

[mknight] 07/10/2020 09:54

Plentymore fish

Many are sitting on massive profits. I know i am .

Some might not be as confident that the price will go up as i am .

[mknight] 07/10/2020 09:52

Nice one cbeadle .good luck with your purchase .

[plentymorefish] 07/10/2020 09:52

'I think the buyers held off early to see if by doing that some may panic and sell'

What on earth is there to panic about?!......

[cbeadle] 07/10/2020 09:51

I went long 10000 shares this morning. SOLG is a quality company overlooked during the earlier in the year rerate for mining stocks. It’s looking like it’s making up for lost time now

[mknight] 07/10/2020 09:48

Agreed.

I think the buyers held off early to see if by doing that some may panic and sell .very few sold so now they have to take it up . There is some volume of sells if they want to pay 40p i am sure there is maybe a million plus on the book .

They cant wait that long because NM will no doubt have another 2 or 3 Pieces of news which may well push this up alot higher .

[arcadian] 07/10/2020 09:39

Mk
I think a pause is understandable after the recent surge but it will regain traction soon given the recent evidence that this company has world class potential.

PS A shortage of stock will begin to bring pressures on the book

[mknight] 07/10/2020 09:37

Level 2 opinión

Plenty of buyers out there not many sellers . Should end up again .

[badger010776] 07/10/2020 09:00

Seems that a watched pot never boils. Back to the day job..for now!

[mknight] 07/10/2020 08:00

Level 2 hurdles today .

182k at 38.5 ..39...39.5 and 40p .

[pob69] 07/10/2020 07:52

Of importance to Solgold as he has vast experience in the mining sector to SOLG $SOLG $SOLG.L #porvenir #cascabel #ecuador $CGP

This October 06, 2020, the Minister of Energy and Non-Renewable Natural Resources, René Ortiz, commissioned the Vice Ministry of Mines to César Vásquez, who is a Mining Engineer from the Central University of Ecuador and has more than 12 years of experience in the country's mining and electricity sector, replacing Fernando Benalcázar.

[mknight] 07/10/2020 07:35

Mirabeau

I do t think that is correct as Cey had a directors trading Rns Today .

Maybe a few on Lse expecting an RNS everyday 😃

[lowtrawler] 07/10/2020 07:32

Count, I think the market has been willing to accept they have good grades on the first hole. They are waiting for more information on the area of mineralisation and opportunity for open pit mining. That's going to take a number of holes from a variety of locations. They also need a view on utilities and infrastructure for the area.In addition to the first target location, there are several large targets making up Porvenir. It has the potential to be a complex of several massive mines.