Solgold Share Discussion Threads

[onedayrodders] 02/3/2017 11:31

Herbert ... what do you mean you cant get used to the daily movement ?
what are you expecting £1 by Friday ?

I would suggest don't look at it !

;o)

[onedayrodders] 02/3/2017 11:29

spacedust
1 Mar '17 - 22:50 - 10165 of 10169 0 0

True. But so was bendigo mining purchasing goldstine shares at 100% premium almost a decade ago and look what happened there?

It's never a done deal and never put your house in an aim share.


Thanks for the advice but been trading AIM shares for 20 years.
Fully aware of the risks

You cannot keep comparing totally different stocks and thinking the exact same outcome. If you have such little trust you shouldn't be trading AIM shares.

No offence but Newcrest opting to buy more shares far outweighs a tale of woe from a past unrelated stock from an ADVFN free bb poster.

Lets not forget little old BHP wanted to muscle in too.

;o)

[herbert howells] 02/3/2017 10:12

Hi Spacedust

Don't remember those companies. I'd be interested to hear the story if you have a couple of minutes to tell us.

Can't get used to the daily movement in the share price It looks like it's building up to break out from 40p but the share price seems to ebb and flow in no clear direction every day. I'm more used to AIM miners moving in slow motion.

Herb H.

[spacedust] 02/3/2017 08:19

Going down on buys. Imagine if they were sells probabyl go up

[spacedust] 02/3/2017 08:11

Lol. Sorry for double post.

[herbert howells] 02/3/2017 07:04

Let's all say it, boys and girls.

"True. But so was bendigo mining purchasing goldstine shares at 100% premium almost a decade ago and look what happened there?

It's never a done deal and never put your house in an aim share."

[spacedust] 01/3/2017 22:50

True. But so was bendigo mining purchasing goldstine shares at 100% premium almost a decade ago and look what happened there?

It's never a done deal and never put your house in an aim share.

[spacedust] 01/3/2017 22:50

True. But so was bendigo mining purchasing goldstine shares at 100% premium almost a decade ago and look what happened there?

It's never a done deal and never put your house in an aim share.

[onedayrodders] 01/3/2017 20:30

well Newcrest taking up another 240,000 shares at today's price suggest they are happy with grades and what is to come.

Holdings in Company

The Board of SolGold plc ("SolGold" or the "Company") wishes to advise of the issue and allotment of a further 240,000 fully paid ordinary shares of 1p each to Newcrest International Pty Ltd, a wholly owned subsidiary of ASX-listed Newcrest Mining Ltd (Newcrest), Australia's largest gold miner and block cave mining expert.

The allotment is pursuant to "top-up rights" held by Newcrest under its Share Subscription Agreement, as outlined in detail in SolGold's market release of 30 August 2016. The allotment was priced at 38.4p per share, based on a 10 day VWAP, in accordance with the terms of the agreement.

[spacedust] 01/3/2017 18:11

That's the normal on aim. Although the recent grades were very poor. A lot of people will shout me down but that's my understanding of the grades.

[mam fach] 01/3/2017 16:16

It does seems RNS's even good ones have no effect on share price.
This I find worrying and illogical.

[spacedust] 01/3/2017 16:11

That's not good enough mam Fach. They should release 2 rns daily. Lol.

I wonder if issuing rns cost money??? I hear they cost a wee bit.

[spacedust] 01/3/2017 14:24

3 rns in 3 days. Now 16 rns in the past 20 days. It's almost 1 rns per working day you will never find details another aim with this much news flow.

Can't wait for the next piece of news. Damn when is news due??? It's been few hours

[mirabeau] 01/3/2017 07:18

'Holes 21 and 22 Looking Good'

[spacedust] 28/2/2017 08:38

Another rns 15 in the space of 19 working days. Amazing

[spacedust] 27/2/2017 21:18

And we will not continue breaking guineas world records. We should not receive any rns during the entire month of may

[mam fach] 27/2/2017 18:13

We are @ stalemate for now. Long term holders want to hang on & are afraid to sell & new investors might think price too high to get in now.

[spacedust] 27/2/2017 16:18

Surprised no one so far has not said 'we need news' or 'when is the next rns due' that's after having received 14 rns in 18 working days( which must be a guineas world record for a aim company)

[hazl] 27/2/2017 14:43

We can hardly complain about the tiniest blip in the share-price,this has been storming ahead for some time!
We know why as well!
I think the general market is full of uncertainty though at present and Trump speaks tomorrow which will either send the markets roaring up ....or back so we will have to see.
IMO

[lefrene] 27/2/2017 14:02

I guess the price is going to drift, the maiden resource statement won't be out for many months, the nearer term event hopefully will be a TSX listing. In the meantime metal prices seem to be on a gentle increase and copper likely to increase substantially if the pundits are correct. So holders can warm their toes on the thought of Alpala possibly being in excess of 1 billion tons, which at a supposed consolidated value of 2% equals 4.4lbs at circa $2.60 a lb equals $11.44 a tonne. It also being thought that Cascabel might have 10 sites of this magnitude, then it's a case of waiting however long it takes for a miner to decide that they really must have such a substantial resource. Any offers on $2 billion for Cascabel?

[mam fach] 27/2/2017 11:57

For some reason even good news doesn't lift share price.
Don't think I agree that all the good news is factored into price.
There seems to be a psychological barrier we can't break through @ 40p.
Be interesting to see what closing price will be.

[mirabeau] 27/2/2017 11:42

Bill

That is by far the most pertinent and defining aspect of today's news. Read between the lines and we are looking at 1bn tonnes of mineralised ore..for some reason the market is still oblivious or maybe it's 'priced in'..I have no idea which it is

I suspect the market is waiting for the 'liquidity event'

[billthebank] 27/2/2017 11:39

Commenting on the intersections, CEO Mr Nick Mather said "Hole 21 is a major step out for SolGold. It extends the exciting Alpala deposit by at least 200m to the southeast, underneath the strongly altered advanced argillic cap over Alpala Southeast. The diagnostic mineralogy and presence of bornite in surface mapping is strongly endorsing the southeast target area and we are anxious to test this all the way from surface to 2000m depth and over the entire 750m strike length of Alpala Southeast. We believe this zone has potential to double the size of the Alpala deposit and increase the grade too. Depth extensions below this will add more. SolGold is targeting the zone in Hole 21 to over 2000m depth, whilst Hole 22 will extend the deposit above Hole 19.

DOUBLE!!!!!! and threee more rigs What's not to like!

[spacedust] 27/2/2017 11:22

Odr- not sure it's what's on the ground. A bit like exam results or driving test result or digging for oil by an aim company.