Solgold Share Discussion Threads

[lefrene] 31/10/2016 11:46

The fun will start if they find and prove a feasible resource that is close to the surface. Then we might see several predators keen to acquire a major site with decades of potential life, but with an easily accessible starter to provide early cash flow that will help subsidise the deeper resources later on. Getting close to cap of £400 million, but no reason why it shouldn't be 10 times that if Cascabel lives up to expectations.

[billthebank] 31/10/2016 11:13

Cascabel is a whole different ball game altogether and there is so much more interest from at least one predator. There was none of this in the past

[onedayrodders] 31/10/2016 10:23

So they were really good but then realization about the length of time to commercialization kicked in ?

[spacedust] 31/10/2016 09:47

It was results from a hole they drilled

[onedayrodders] 31/10/2016 09:32

Out of interest what was the catalyst in the surge to 80p last time and why did it fizzle out

[geo84] 31/10/2016 09:30

Just what the chart says Bill. All going well we will see solg revisit the dizzy heights of 80p and beyond.

[billthebank] 31/10/2016 09:24

Funny Geo84 that is my view also

[geo84] 31/10/2016 09:16

32p might prove tricky but then it's on to 44! Fingers crossed.

[mrshaungcm] 31/10/2016 08:41

i wannabe break free

[spacedust] 31/10/2016 08:06

30p plus this week. Fingers crossed

[billthebank] 28/10/2016 17:02

I suppose I should say Caveat emptor!!!! If you are uncertain then the decision is clear!!!!

[billthebank] 28/10/2016 17:01

isaready I fully understand that dilemna. Dammed if you do damned if you dont. Nothing goes up in a straight line. For me it is all about the potential here. Mr Mather has £40M tied up in this so I believe he has a strong interest. He has turned down a major as he obviously feels there is more to come. I guess he could be wrong? Rosseau Asset Management are hoovering up shares at the rate of a minimum of 100000 shares a day. See recent RNS. We are waiting to find out why they stopped drilling on hole 16 I think it was 16 but it could have been 17 Cant remember precisely I am putting that down to senility.Now that is very interesting IMO. I will be interested to see the late trades today. But of course I am sure there is a ying to that yang so the choice is yours. Good luck.

[billthebank] 28/10/2016 17:01

isaready I fully understand that dilemna. Dammed if you do damned if you dont. Nothing goes up in a straight line. For me it is all about the potential here. Mr Mather has £40M tied up in this so I believe he has a strong interest. He has turned down a major as he obviously feels there is more to come. I guess he could be wrong? Rosseau Asset Management are hoovering up shares at the rate of a minimum of 100000 shares a day. See recent RNS. We are waiting to find out why they stopped drilling on hole 16 I think it was 16 but it could have been 17 Cant remember precisely I am putting that down to senility.Now that is very interesting IMO. I will be interested to see the late trades today. But of course I am sure there is a ying to that yang so the choice is yours. Good luck.

[billthebank] 28/10/2016 16:57

isaready I fully understand that dilemna Dammed if you do damned if you dont Nothing goes up in a straight line. For me it is all about the potential here Mr Mather has £40M tied up in this so I believe he has a strong interest. He has turned down a major as he obviously feels there is more to come. I guess he could be wrong? Rosseau Asset Management are hoovering up shares at the rate of a minimum of 100000 shares a day. See recent RNS. We are waiting to find out why they stopped drilling on hole 16 I think it was 16 but it could have been 17 Cant remember precisely I am putting that down to senility. I will be interested to see the late trades today. But of course I am sure there is a ying to that yang so the choice is yours Good luck.

[isaready] 28/10/2016 16:46

wish I had got into this at 16p. now trying to decide where it is going from here and whether its worth getting into still, as its getting high...

[hazl] 28/10/2016 14:28

very sensible posts

[brahmsnliszt] 28/10/2016 13:10

no worries Bill. Slightly indirect but I like to check out the major players significantly investing in these companies as it can give you a decent insight.

[billthebank] 28/10/2016 13:01

Warren Irwin is president and chief investment officer of Rosseau Asset Management Ltd. He founded the firm in 1998 after several successful years as vice president and director of special investments at Deutsche Bank Canada. The firm's flagship event driven hedge fund, Rosseau LP, was established on December 31, 1998, and has since earned a reputation for solid long-term performance earning over 50% the return of its benchmark index. Irwin started his career as a bond analyst for Scotia Capital Markets where he developed the Universe Bond Index, the Canadian bond market benchmark, and shortly thereafter developed and managed Canada's first bond index fund. He is a Chartered Financial Analyst and holds a Bachelor of Mathematics from University of Waterloo and a Master of Business Administration from the University of Western Ontario.

[billthebank] 28/10/2016 12:54

Brahms: Thanks for that checked him out or should I say them and ended up looking at COPL WoW!!! So needless to say liked it so much was rude not to. I reckon they are buying in there also at a similar rate as SOLG so happy to be in both Will also be watching this company as seem to be a player with significant upside!!! Cheers for the link

[onedayrodders] 28/10/2016 10:50

Looking good ..again :O)

[lefrene] 28/10/2016 10:28

I see DGR put on 8% overnight. Cascabel looks like it might be so big that it would offer a miner an income stream for decades, the thing is how many miners are willing to fight over it? So people are collecting ringside tickets. 'This time next year Rodders' :¬)

[mam fach] 28/10/2016 10:26

No wonder price has held up so well. Someone was stake building. Did think bottom was 20p , now think it might have gone up to 25p. Hold on to your shares if you can.

[brahmsnliszt] 28/10/2016 10:06

worth reading up a little about him Billthebank..... knows his onions by the looks of things.

[billthebank] 28/10/2016 09:52

Need to check this company out later.Not the acquirerI was hoping for but at least we know who it is now.I am not expecting them to stop now and it will be interesting if they still buy in 100k chunks.Anticipating this to rise quickly now to the 30s Fingers crossed