Solgold Share Discussion Threads

[loganair] 30/4/2024 10:00

No company CEO is ever going to come out and say their company is going to go down the toilet within the next couple of months because the company is going to run out of money and is unable to raise any further money.

[hazl] 30/4/2024 10:00

Such a relief to be filtered by a shorter.

[hazl] 30/4/2024 09:59

Loganair hows JEMA doing?





Chuckle.

[loganair] 30/4/2024 09:55

Why are so many posters on this thread so confident that Solgold will come through with a new round of funding in the next 5 to 7 weeks when they haven't managed to do so over the past 12 months?

Why are so many posters on this thread so confident that Solgold will either be bought out or sell some of their mining licenses when they haven't managed to do so over the past nearly 18 months?

Why are so many posters on this thread believing what Solgolds management have been saying and trust what they have been saying when it comes to the prospects of the company?

[lowtrawler] 30/4/2024 09:23

MK, the sheer joy of seeing the number of posts from hazl that I no longer have to wade through having now filtered them is making my day. Their ignorance got to me as they clearly understood very little about SOLG. Now that the irritation of their constant irrelevant posts has been removed, it will be possible for the grown ups to have a conversation.

[hazl] 30/4/2024 09:15

It was 6p in March

Now nearly 10p!

We are on the up as the sector turns, in my opinion.
Good luck to those traders but I don't want to miss the possibility of a bid!


Each to their own.


IMO

[original fastjet] 30/4/2024 09:13

Sp flying lads?? Lol.
Rampers run out of steam as the share price drops again.
Knight maybe time to start passing outs reds details as his predictions yet again fail to materialise ...

[hazl] 30/4/2024 09:09

Don't forget the gold!




'New assays of channel samples from gold-bearing epithermal quartz vein outcrops, with up to 6.15m true thickness, returned 6.15m @ 7.46 g/t Au at Florida, including 2.2m @ 21.1 g/t Au (Figure 1). A significant thickening of quartz veins is observed along with an increase in clay alteration at Florida, and more recent fieldwork has identified a significant porphyry target at El Cielito Norte, immediately west of Florida.



El Cielito Norte lies central to peripheral high-grade gold-silver and base metal vein occurrences at Cielito, Florida, Quiroz and Las Chorreras. The El Cielito Norte porphyry target is characterised by a central magnetic high anomaly, surrounded by an annular magnetic low, typical of the inner potassic and outer hydrothermal alteration zones observed in many large porphyry deposits around the globe (Figure 2).



High-grade quartz-gold-silver epithermal vein systems at Cielito, Florida, Quiroz, and Las Chorreras occur peripheral to the El Cielito Norte porphyry target defined by a central diorite porphyry intrusion coincident with a kilometre scale RTP magnetic high with annular magnetic low. Zones of argillic clay alteration lie coincident with the magnetic low (Figure 2).



Additional porphyry-style magnetic signatures are evident, overlapping on the northern edge of the main anomaly (Figure 2).



The porphyry target alteration footprint at El Cielito Norte covers approximately 2.5 x 2.5 km and is greater in extent than the Alpala system to the south.



Ongoing surface rock chip float and channel and soil sampling programs are in preparation to map extensions of this exciting discovery and outline drill targets.'

[hazl] 30/4/2024 09:06

It's generally about timing.
I dare say Willem's predictions will show some substance in the fullness
of time.

[hazl] 30/4/2024 09:05

Santiago Vaca, SolGold's Chief Geologist, commented:

"Our team is excited about the overall prospect of the Blanca-Nieves Project, including the potential for future integration with the Cascabel Project. The district scale opportunity reinforces our view that mining has the potential to be a significant, multi-generational sector in Ecuador."

[hazl] 30/4/2024 09:05

Blanca-Nieves Project Update - Outcrop results 6.15m @ 7.46 g/t Au



SolGold (LSE & TSX: SOLG) is pleased to provide an update on the Blanca-Nieves Project ("Project"). SolGold holds a 100% interest in the Project through its Ecuadorian subsidiary, Carnegie Ridge Resources S.A.



· Exploration identified a significant porphyry target at El Cielto Norte covering approximately 2.5 x 2.5 km and is greater in extent than the Alpala system to the south at the Cascabel Project

· At Florida, new assays from channel samples of gold-bearing epithermal quartz vein outcrops with up to 6.15m true thickness, returned results of 6.15m @ 7.46 g/t Au, including 2.2m @ 21.1 g/t Au

· Advancing new target areas towards drill-ready status

· Potential for future integration of Blanca-Nieves with the Tier 1 Cascabel Project, due to the proximity of approximately 8 km

[hazl] 30/4/2024 09:03

Oooh Lowtrawler sees an opening to put the fear back in!

How amusing.


We are not plunging like Loganair's JEMA but doing a bit better every week it seems to me.

[hazl] 30/4/2024 09:01

The spread has been fairly good, I note, to be fair, particularly earlier so that is heartening.
We are still undergoing the bull bear tussle, it seems.

As mknight has been rude again, I imagine they were very disgruntled they missed a good rise yesterday which now could well be stabilising.

Likely sold at less than the current price last time.


8-)

[lowtrawler] 30/4/2024 08:59

It looks like RP's sources have let him down again. I'm sure the funding announcement is coming, just not yesterday or today.

RP also appears surprisingly keen on a streaming or offtake agreement as the route to funding. If so, IMV, they will be detrimental to the price, although, as long as they are cancellable at a fair price, perhaps marginally. I don't believe he has ever understood how bad streaming deals can be for early stage miners.

RP's comment about the IRR now being well North of 30% at current metal prices is unlikely. Perhaps the pre-tax IRR is well North of 30% but my calculations suggest the post-tax IRR is still under 30%.

Willem Middlekoop is a long-term bull on SOLG. His posts have proven no more accurate than random musings from PI's.

[hazl] 30/4/2024 08:56

Is the share price really down?

The price people have to pay and the price achieved when sold, are the real parameters.

Now the mid price is a moveable feast it seems to me.


Conclusion.

We are still doing well as expected I believe.

IMO

[loganair] 30/4/2024 08:30

The current price of Copper has no real bearing on Solgold or the companies share price.

[mknight] 30/4/2024 08:11

Looks like a weak day Rampers .

[mknight] 30/4/2024 08:08

MF It would seem supply and Demand are not evenly matched so we should see further rises .The mine in Panamá might decide what the copper price does . If copper rises will the Government keep it closed . ?
Money talks .

[michaelfenton] 30/4/2024 07:55

mknight - true but the rise upwards is always filled with pullbacks. My view is that Gold Silver and Copper will all rise this year.

[francoismyname] 30/4/2024 07:55

Copper is up by the way