Solgold Share Discussion Threads

[onedayrodders] 05/4/2017 16:10

Rise form the late 30's into the mid 40's has caused a bit of froth to clear.
need a week or two and we should move on.

[mam fach] 04/4/2017 17:57

Wish I could be as confident with JLP.

[onedayrodders] 04/4/2017 16:42

No need to defend yourself mam fach .. we are on your page

[mam fach] 04/4/2017 13:40

2 weeks ago someone said listing in few weeks. Have thought £10 might not be impossible. Not trying to ramp as I am a long term holder & will continue to hold for the forseeable . GLA.

[onedayrodders] 04/4/2017 13:19

Second guessing here but perhaps the TSX listing is so close they wanted to save it for it's own RNS not too far away.

[lefrene] 04/4/2017 12:46

So did I OneDayRodders, but then it slipped through my fingers and fell buttered side down.

More drill results before too long, and a lot more drills operating a few months from now. One can always hope for some spectacular drill results as they get deeper? Plus there is always the prospect of a pre-emptive bid from a miner anxious to secure future supply.

[onedayrodders] 04/4/2017 12:33

I preferred your first envelope lefrene

;o)

[lefrene] 04/4/2017 12:18

Ooops my back of envelope got away from me there Mam Fach. It should be 5% or 10% of a possible $120 billion for Solg, so $6 billion to $12 billion, but that's at current copper price levels. So your £4 is closer to a maximum value, but then it all depends on how NM intends to maximise returns for holders. An initial joint venture with Alpala, might allow funds for Solg to become a miner? But whatever the future value, the price here looks to have a possibility of another 4 to 10 fold increase over the next 5 years at current copper values.

[onedayrodders] 04/4/2017 12:16

ok Mirabeau

how pathetic is that

[mirabeau] 04/4/2017 12:14

ODR

Any link from Pro----Actiff infestor will not copy over. ADVFN will not allow it as it's a competitor site

[onedayrodders] 04/4/2017 12:13

lefrene .. mind boggling !

[onedayrodders] 04/4/2017 12:11

Link to my last post

[...]

[mam fach] 04/4/2017 12:09

When I purchased in placing @ 3p not so long ago, in what I thought was a moment of madness, 40p seemed impossible.
As the story unravels talk of pounds isn't impossible.
Think you are suggesting £40 - who am i to argue.
It might be the impossible dream and it might not.

[lefrene] 04/4/2017 11:50

No idea mam fach, but at a consolidated value of 2% CU equal to circa $12 a tonne of ore, then you have to decide how many billions of tonnes of ore you think there are, and then what percentage Solg will be able to charge the miners. But at a mooted 10 billion tonnes for Cascabel, then 10% is $120 billion for Solg or perhaps a more realistic 5% is $60 billion for Solg, but copper could treble or quadruple from current levels over the next few years. So perhaps the $60 billion is the base level? Which is circa 100 times greater than the current market cap. It all seems too fantastical, and yet it might happen if Solg can extract fair value, and Cascabel is as big as it seems to be.

Looks like good news is being sold into today.

[onedayrodders] 04/4/2017 11:48

Solgold* (LON:SOLG) 45p, Mkt Cap £641m – Holes 19-25 show ongoing MASSIVE intersections of copper and gold mineralization.

• SolGold is reporting an update on holes 19 – 25 at the Cascabel project in Ecuador.

• The results show more of the very long intersections of copper, gold mineralisation which we have come to expect from Cascabel

• The first two holes, 19 and 20R show final assay results with hole 19 showing a particularly impressive intersection of 552m grading 0.68% copper and 0.45g/t gold.

• This equates to 1% copper equivalent or 1.41g/t of gold at today’s metal prices which are good numbers when considered over such long intersections.


[...]

ODR

[yufff] 04/4/2017 11:24

£plus here

No doubt

[mam fach] 04/4/2017 11:09

Do think it might reach £1 soon. My target price was 40p to sell some but
I just can't part with any shares as I see so much potential.

[alwaysevolving] 04/4/2017 08:31

What's your price target just out of interest Mam fach if you don't mind my asking?

[mam fach] 03/4/2017 23:44

Held back below 40 p now that's been breached price creeping up daily. Said it before share of a lifetime. Hold on if you can. Might see profit taking @ end of financial year. As they say I wouldn't want to be out of this share. Watch & Wait.

[brahmsnliszt] 03/4/2017 21:14

Quiet board and closing on the highs.Bodes well.With many more better informed experts than me predicting a cu deficit by 2019-2020 and for sure a buyer here actively hoovering it's only a matter of time till we break 50p imo.

[onedayrodders] 03/4/2017 20:41

Another good day

[chavitravi2] 31/3/2017 16:40

Slowly slowly catchy monkey.

[filterwest] 30/3/2017 14:22

All I can say, momentum. Trend is your friend, that is upwards. Gla.

[yufff] 30/3/2017 14:03

1savvy
You will lose your money

Don't you listen to those around you?