Solgold Share Discussion Threads

[hazl] 24/11/2016 10:20

Wisteria your comment was prescient perhaps?
'Unless news'!!
Here we are.

[billthebank] 24/11/2016 10:11

Nice RNS confirming the quality of Alpala as if we needed further confirmation?

[noccer] 24/11/2016 10:07

Thanks for that, so I assume the US has a holiday on thanksgiving - should have guessed from all the garbage on the TV about Black Friday week, but thought it was next week. Copper continues to surge. So I had a look at the relative values from results so far. The Solgold figures for core results for copper% and copper equivalent including gold are based on $2.20/lb for gold (now $2.62, up 19%) and $1350 for gold (now $1187 - down 12%). The copper % was more than the copper equivalent %, using the old conversion factor of 0.89 to turn gold into copper equivalent, and now I think that has moved lower to 0.66, so its deffo a copper mine at these prices. The increasing copper price is clearly raising its value more than the falling gold price is lowering it. But do your own calculations - don't rely on mine!

[lefrene] 24/11/2016 09:58

Copper at $2.67c a pound and the MM's are running this down on no volume?

[wisteria2] 24/11/2016 06:32

All because gold has been hammered down in the USA,thanksgiving today across the pond so unless news share price will water tread today.....GLA

[mam fach] 23/11/2016 22:41

Have the same feeling , someone is building a stake.
Far too quiet and price holding up remarkably well.

[billthebank] 23/11/2016 20:54

The share price is dropping and someone is still building a position Trades of 2X250K and 100ks going through. Noticed MARL took a pasting today also.

[alwaysevolving] 23/11/2016 16:15

Shame about gold however! Off a clif today. At least the copper price should hedge a little in the case of the share price here?

[noccer] 23/11/2016 15:54

Coo - look at those metals prices climb. Copper $2.59 now.

[lefrene] 22/11/2016 13:12

It's a case of when NM can launch on the Toronto exchange, he has to keep some sweetners on hand to make sure that launch goes well. In the meantime it's interesting to see copper holding above $2.50 a pound, that can't do any harm.

[spacedust] 22/11/2016 11:59

Never buy on credit. I only invest money I can afford to lose......but even then I'm still sour faced. I'll wait for the news

[wigancasino] 22/11/2016 11:53

Spacedust, your not losing if you don't sell out, it's just a paper loss. Unless of course you have bought them on credit in which case you sell your winners IE Tullow Oil to accommodate your credit. Then just sit back and chill, it's all a waiting game and we have all been burnt over the years, your not alone on that one!

[mam fach] 22/11/2016 10:32

Where will it end? Never mind news can't be far away and then lift off .

[franki8] 22/11/2016 10:28

the fundamentals haven't changed, the fundamentals haven't changed, the fundamentals haven't changed...

still, not particularly pleasing to see this drop circa 17% over the last 5 days

[spacedust] 22/11/2016 09:52

I am. Just going to shut my eyes and hope for the best. Having said that my investment in tallow oil doing marvelously.

[markth126] 22/11/2016 09:13

Bet space dust is having kittens about this fall

[[e-mail]] 22/11/2016 08:59

the first time i sold at right time

[lefrene] 21/11/2016 11:34

I guess NM will keep his cards close to his chest until he can maximise their impact, after all he has a considerable vested interest and lately has done very well for all holders. If that lower trend line is to hold we need to see 27p. I don't mind waiting with this one, things can only get better. The price of copper seems to be holding well.

[billthebank] 21/11/2016 11:18

Who cares.All will be revealed soon enough. Tried to get a response from the company re resource statement delay but failed miserably.Anyone else tried?

[franki8] 21/11/2016 09:35

another three shake??

[jlondon] 20/11/2016 20:42

"Rio Tinto*s 2km deep $6b Resolution copper mine in Arizona is now considered essential for the future of supply." [Embedded in this tweet is an FT article:"Copper miners dig deep to meet tech fueled demand - Resolution*s Arizona mine was once viewed uneconomical, now it is deemed essential."

On Twitter 39 mins ago, Sun 20 Nov 2016.

Note: Solg is currently drilling to 2,800km, another 1,000km further [not a re-entry]. Results should be soon as per my previous post to this?

[lefrene] 19/11/2016 22:05

If they are going to list on the TSX then they will want their ducks lined up before they do so, which makes me think that nothing much will happen here until they are ready to go to the TSX. Then new resource reports and feasibility study are likely to be announced to sweeten the TSX launch.

[geo84] 18/11/2016 22:06

Spacedust just have patience. I shares of this stock 3 years ago at 12p thinking OT was going to the moon. U fortunately it slid to 1p or there abouts. I've sat on my hands since then and lucky for me, and many others, it's paid off. There is still more to come from this one. GLA

[alwaysevolving] 18/11/2016 16:02

Ain't that the truth Mam fach! Some patience required here space dust. If you bought in at 30p at the top of that graph expecting to double your money over night then that train was long gone. That said however I see no reason why you can't double your investment and more here from 30p however it's gonna take some time and Patiance on your part IMO. I also feel we will see a big turnaround in the POG sometime next year for what it's worth.