Solgold Share Discussion Threads

[bookvan] 19/7/2017 09:34

@jlondon - thanks for the latest posts.

I've got a question that you might be able to answer because I can't get anywhere with it: in all your research have you found anything to confirm or the opposite that the 'lock up holder' is Guyana?

Like most people reading ceo ca I have been taking it for granted that it IS Guyana from what amounts to circumstantial evidence but it could be jumping to the wrong conclusion. Can't find anything in writing to back it up at all.

Have I missed something? And - if it IS Guyana - why be shy about putting your name on it? Thanks in advance.

BV

[jlondon] 18/7/2017 16:44

Ref: My post on ADVFN Solg #10679

Re: CORNERSTONE RESOURCES, Canada [CGP]
The Largest shareholder of Solg at 18.03%

Link: www.cornerstoneresources.com/s/Home.asp [Click Announcement: 14 July 2017 relating to lock-up holder agreement]

Quote: "The 6.8% interest in Solgold Plc owned by the Lock-up Owner, combined with the 11.23% interest held by Cornerstone, REPRESENTS a STRATEGIC 18.03% stake in SolGold......."

Note: The link is provided to the ann. of Cornerstone^s 18.03% stake in SolGold with notation for the said lock-up and direct interest in Cascabel. See details of the lock-up in the said announcement. To check on ALL other holders of Solgold shares, please go to www.solgold.com.au. DYOR.

[jlondon] 18/7/2017 13:27

AGUINAGA-Cascabel, Solg Plc

Ref: Solg RNS 3 Nov 2015

Highlights:

"..open ended intersection of 9m @1.01%Cu and 0.795 g/t Au."

"SECOND target over 1 billion at Cascabel."

Aguinaga is 1.6km north of Alpala per said RNS.

www.solgold.com.au

[lefrene] 18/7/2017 13:02

jagwa, thanks for the effort but please change the address to hXXps the capitals will allow a click through rather than copy and paste.

[jagwa] 18/7/2017 12:42

Wrong link...that was the report.
Correct link to Aguinaga surface discovery:

hxxps://www.youtube.com/watch?v=SrVG1tbXwmY

Regards.

[jagwa] 18/7/2017 12:39

Aguinaga surface discovery:

hxxps://hotcopper.com.au/asx/dgr/

Regards.

[jlondon] 18/7/2017 11:06

DGR Global, ASX, Australia
[3rd Single Largest holder of Solgold shares at 13.5% & Solg considered their sub]. No:1 holder is Cornerstone at 18.03% and No: 2 is Newcrest at 14.54%]
www.cornerstoneresources.com

Announcement: "Qtr Activities", 17 July 2017 [UK term: RNS, Australia: Announcement:Ann] - External doc said its price sensitive.

hxxps://hotcopper.com.au/asx/dgr/

Quote:
"Assay results from 25 drill holes to date confirm d i s c o v e r y of a l a r g e scale, high grade porphyry system at the ALPALA prospect."

"Strong, copper, gold s u r f a c e mineralisation DISCOVERY at the AGUINAGA AND TREVINO prospects with Cascabel^s true potential beginning to emerge with 15 porphyry targets identified to date, 7 of which close to dril ready status."

Note: In the said original ann., the words ALPALA, AGUINAGA & TREVINO were in dark print.

I went to check the latest Solg presentation but I could not find the word: surface mineralisation d i s c o v e r y for Aguinaga & Trevino. www.solgold.com.au

Please note that there can always be typo, tranposition errors in copy notes so please check. From what I understand of Hotcopper rules, they would like people to quote links or references for people to follow what is being posted. This is standard good practice.

Hence, why one tries to provide links or titles for others to read and check even though it makes one^s post rather long with back-up if possible.

J.London Tues, 18 July 2017

[onedayrodders] 18/7/2017 09:49

fair enough

[noccer] 17/7/2017 17:24

Think we are due for another exploration update, hopefully with assay info to go with the lovely looking cores from holes 26 and 27 that featured in the last one.

[lefrene] 17/7/2017 17:17

ODR, "arbitrage opp", looks more like dealer racketeering in my view, if they can buy in London at 39.75p and shift them on at 54p ev in Toronto! Of course it's very small volume, I would hope a potential buyer over there would check the London price and then haggle with the local MM.

I suspect that the big boys there already have their fill, it will take some big news item to get the attention of the local smaller investors. Whether that short tie in with Cornerstone and it's associate indicates an anticipated event, we will soon see.

[bookvan] 17/7/2017 16:33

@ODR do you actually know how to buy on AIM and sell on TSX? As far as I know it isn't possible for an ordinary retail investor going through a broker.

[onedayrodders] 17/7/2017 15:24

lefrene .. doesn't that present an arbitrage opp ?

[bookvan] 17/7/2017 15:13

@lefrene - it was like this in the early days of MARL listing on the TSXV. Not quite such a mismatch but very low volume. It went on like it for what seemed a long time but by the end of it TSXV was providing the driving force.

[jlondon] 17/7/2017 15:12

@bookvan

It just research if one knows how to use the information ie raw data.

[bookvan] 17/7/2017 15:08

@jlondon - Thanks. It sounds like you are providing a kind of information service or reference library for the rest of us? There's no unifying message. I thought I was missing something. BV

[jlondon] 17/7/2017 15:07

SOLGOLD


"Consensus Forecast amongst 3 polled investment analysts covering Solgold Plc. Buy 1, Outperform 2, Hold 0, Under-perform 0 & Sell 0.

"Low-50p, Median 55.5p and High 61.03p."

Source: Financial Times Forecast
Please check as there can be typo errors.
DYOR

[jlondon] 17/7/2017 15:03

@bookvan
A quick reply-one will find the divergence of opinions/views elsewhere eg CEO.CA for Cornerstone Resources of Canada [Solg^s JV partner]. As for Solgold, there is also Hotcopper DGR of Australia- their subsidiary is Solgold.

So the data I post is a culmination of information drawn from research.

It is conservative to do so. The reader can dot as they see fit.

Hope that helps.

Thank you.

J.London, 17 July 2017

[lefrene] 17/7/2017 14:58

Hilarious mis match between here and TSX, currently 90c (54p)

[lefrene] 17/7/2017 13:11

Yes it lacks camouflage bookvan. But I don't know if they seek a quick killing, and if so what's their price? Or whether it's solidarity with Solg to help repel boarders. I guess the quick killing is the most likely, if so they likely already have a client in the wings.

40 moz's is roughly $50 billion in the ground, and with a copper shortage predicted to occur, that value could more than double over a couple of years. So at what price would the horse dealing end?

[bookvan] 17/7/2017 12:52

Hi @lefrene IMHO Trojan Horse. Not even sure it's as subtle as a Trojan Horse.

[bookvan] 17/7/2017 12:50

Hi @Jlondon

I'm a poster on this board that asks questions that are so stupid other posters don't even think it's a question let alone needs an answer. The thing is all these long posts of yours are packed with so much fantastic information and links that I'm lost in it all and all the time missing the main point. It's like I can't see the shape of the forest for all the interesting trees to look at and count the leaves. For the thick one on the back row can you spell out the message you are putting across in all this detail. Just a couple of sentences would be much appreciated. Thanks.

BV.

[lefrene] 17/7/2017 12:41

I forget the reference but we have also had quoted from Solg "10 billion tons at 2% ev cu" , but whichever indicator of value one reads, they are each vast.

So what is Cornerstone and it's associate up to? Is this friendly towards Solg, or are they setting themselves up to be a Trojan Horse for a would be predator?

[jlondon] 16/7/2017 11:57

FOUND THE EVIDENCE THAT DGR GLOBAL ALSO QUOTED 40 MOZ EQ.

Link: www.dgrglobal.com.au/wp-content/uploads/2012/07/2012.07.19-DGR-Presentation-NOOSA-Mining.pdf [If link does not work, Google the DGR Presentation at the date shown at Noosa.]

Extract:

"SOLGOLD WORLD CLASS COPPER GOLD PROJECTS- Cascabel Property in Ecuador.MAP: CASCABEL PROPERTY- APPROX 40MOZ EQ."

Note: On the map of the DGR Global said Presentation, the word Cascabel Property and Approx 40moz eq on the map is shown in YELLOW HIGHLIGHT.

So, from the HORSE^S MOUTH IE DGR GLOBAL.

J. London 16 July 2017 [In answer to poster]

[jlondon] 16/7/2017 11:12

Elucidation
Re: Copper and gold "boiled" down to gold per oz.
Firstly, I am aware that Solgold via Cascabel in Ecuador is a project with copper and gold.

The figure I quoted of "40 moz" is taken from NM^s Linkedin from the past. On Linkedin, one can make changes to any c.v so this was taken from the past.

The CONTEXT of 40 million ounces of gold was "qualified" [said that it is "boiled down"].At this moment in time, shareholders are waiting for the Maiden Resource Statement so figures are NOT at hand re: copper and gold actual figures. Note it is potential.

At this moment in time, there is news from the Cornerstone Resources side especially their July 13, 2017 announcement which is now the subject of discussion. Other news in recent days is also relevant.

Any shareholder would need some figures for Cascabel because one needs to have some idea of the possible M & A figure. So, in trying to get an idea, one uses what NM said in the past on LKND. Then, one takes what the "industry" has discussed at PDAC in Toronto recently. The article I quoted from PDAC does not quote copper and gold separately so one has to use the gold EQUIVALENT figure.

By multiply the potential 40 moz to the M & A figure quote in moz, one has an idea. This is then COUNTER-CHECKED with the NORMAL % premium offered at M & A. So from a snap shot one can counter-check to gain some insight. The 2 figures ie one from the 40moz equivalent potential vs industry norm M & A % premium appears to be within the range one is looking for.

Any shareholder will want to know about how the directional.

On CEO.CA CGP especially, CGP has been very much discussed. Each post lays out their opinion from the information.

So, everyone wants to know what happens to their stock ie Cornerstone Resources or Solgold. Even the Australians in DGR want to know about Solg as they are the 3rd largest holder of Solgold after CGP and Newcrest ie single largest not composite.

When I have some time, I will look up academic reasons why it is so.

IF ANYONE CAN FIND OUT HOW MUCH THE INDUSTRY IS PAYING FOR COPPER, at this time, then the figures can be re-worked as a guide again and then checked against M & A premium at this time for acquisitions. Thanks.

[bookvan] 16/7/2017 11:02

Maybe the world doesn't need gold but a lot of evidence points to the fact that China seems to want it quite badly and she's not the only one.