Solgold Share Discussion Threads

[chesty1] 25/10/2016 08:17

Will turn red today.

[mrshaungcm] 25/10/2016 08:15

off we go again

[lefrene] 24/10/2016 23:25

Oh well that's it then, £5 a share by the middle of next week! :¬D

[billthebank] 24/10/2016 22:48

DO NOT FORGET THIS:-

Dundee Capital

In our view, Cascabel demonstrates all of the geologic, geophysical and geochemical
attributes that could allow it to evolve into a giant porphyry copper-gold deposit. The
current footprint of Alpala alone measures approximately 250m by 100m and has a dip
extent of over 1,300m. By comparison, The Wafi-Golpu deposit in Papua, New Guinea
covers about 400m by 400m and has a dip dimension of 1,700m and contains more than
20MM ounces of gold and 9MMt of copper at similar grades to Alpala Central. Given the
fact that the deposit remains open and there are at least fourteen additional targets to be
tested, we consider Cascabel to be one of the most exciting exploration projects active
today.

ALSO........... Anyone contacted the company to establish when we get the results from drill 16 at Alpala where they stopped drilling as the results were so good!!!!!

[billthebank] 24/10/2016 20:54

On the LSE Web site

SOLG thread

[smoothtrader] 24/10/2016 20:32

Bill..Where u looking mate..can't see that many 100k buys?

[smoothtrader] 24/10/2016 20:30

Normally when price rises for no apparent reason (minus the latest recent news)....often an RNS follows.Someone is a happy to buy that these cost.

[billthebank] 24/10/2016 20:27

3000000 shares sold in the closing session Tomorrow will see more buying I reckon Someone has an agenda I repeat 3M shares!!!!im blocks of circa 100K plus

[beaubally2] 24/10/2016 18:11

Cool hand kev I was in when they went to 80p I think they could go somewhere near that again just on hope value but near term I think late teens. will get back in at 17 if I am lucky or I may have missed the express train leaving the station goog luck to all holding

[billthebank] 24/10/2016 18:03

Well we touched 28p today which was unsurprising if like me you think there is a buyer in the back ground Notice no comment from the company that they no of no reason blah blah blah. I reckon we could be on our way to the low 30s very shortly. We will see. watching MARL and ASA closely too!!!

[smoothtrader] 24/10/2016 16:42

At that interest will only fuel the push until further news is out.Hold on...is what I'm doing. It's best to turn off your monitor time to time.

[lefrene] 24/10/2016 16:25

At some point the MM's always try to shake out stock for their bigger clients, so perhaps we have that to come tomorrow? A thing to remember though is that this was going nowhere until the interest of Newcrest and BHP got behind it, will there be any other interested parties?

[mam fach] 24/10/2016 15:45

Scaremongering has begun then. Rampers & derampers just ignore them.

[chesty1] 24/10/2016 15:24

Look at the chart from august....amazing.Gutted I bailed out but genuinely pleased for all longs.Watching to see just how high this one will go before being dumped....or will it??

[kdr246] 24/10/2016 15:24

Something to think about....BHP are already in the region.They will be fully aware of the geophysics.More importantly, they will have a hurdle rate on an acquisition ie what is the value of the project and what value they can derive from it.It will be A LOT higher than this current mkt cap.I agree with Brahms ...the price action indicates we are nowhere near that hurdle rate and that it feels like the share is being absorbed and a stake or stakes being built.

[europa79] 24/10/2016 15:21

Well done to the LTH's here who kept their nerve (unlike me :-/)
Genuinely chuffed for you; it doesn't happen that often.

[lefrene] 24/10/2016 15:18

In the past it was a complete wildcat stab in the dark punt, now it's a known resource which looks to grow very much larger than previously thought, with perhaps a shallow depth deposit that could pay the early stages of the mining process. All we need now is for a Chinese big hitter to decide that they want it :¬D

[brahmsnliszt] 24/10/2016 15:10

maybe apfindley, but someone with more knowledge than you or I and with far deeper pockets than all of us put together is accumulating here.

[billthebank] 24/10/2016 14:52

So the question you have to ask yourself is why APF?

[apfindley] 24/10/2016 14:49

£330mill market cap now.Insane.

[lefrene] 24/10/2016 14:42

But they also didn't know what was there at that time and a huge Aussie miner had not bought in to underwrite further exploration.

Just how do you work out the true value here? At the moment it's £320 million but it could be £3 billion, the ordinary holders will be the last to know when a feasibility report comes out. Have those big miners got their own people crawling over the prospect? It would make sense if you thinking of making a bid.
What would site with a potential 50 years worth of good profits be worth to you? As always loads of questions, and barely the vaguest notion of the answers.

[cool hand kev] 24/10/2016 14:36

Historically it did go to 80p in about 2 days and back to 2p eventually
Mind you there was a lot less number of shares then.

[smoothtrader] 24/10/2016 14:17

Trading on AIM defies all logic and key fundamentals. It's the beauty of AIM trading. The value here way may have sky rocketed no doubt. The key thing to ask is what is Value? A value or a price is what one is prepare to pay.At the moment there is clear market...regardless of the above the cloud share price

[bigdazzler] 24/10/2016 13:56

^^^^ oh dear!!!! There's always one.