Solgold Share Discussion Threads

[dmitribollokov] 16/1/2018 09:06

Cheers - has to be more than that though, all the other PM miners have done pretty well iver the same time frame...

[pecker1] 16/1/2018 08:45

db,

Cryptocurrencies.

[dmitribollokov] 16/1/2018 08:18

Would anybody be willing to give me a quick explanation of the fall from the highs here please? Is it just from cascabel being more difficult to mine than first thought? Being lazy but i haven't looked at this for ages and it's a lot of posts to trawl through.

[master rsi] 15/1/2018 23:24

Speaker Spotlight

Topic: World Class Alpala Cu-Au deposit in Cascabel project of Northern Ecuador

Presenter: Dr. Steve Garwin, Chief Technical Advisor, SolGold Plc
Time: 11:30 AM – 12 Noon, Monday, January 22
Location: Exhibit Hall / Innovation Stage

[nicksig] 15/1/2018 12:46

Yes looking a little healthier today

[lefrene] 15/1/2018 12:00

I guess 25p is the floor for this given the bought deal with the banksters, the current firm price of gold and copper certainly helps, but more news required of increased size and richness of Alpala would be helpful.

[master rsi] 15/1/2018 11:49

so far everything is working to plan and share price is moving accordingly 27.25 v 27.50p

[master rsi] 15/1/2018 10:59

steady rise from the early weakness, a good oportunty to buy, well I did

gold price

[master rsi] 15/1/2018 10:44

Some good buys size are showing now on the ticker, eearlier 103K and now 77K

[master rsi] 15/1/2018 10:23

There is volume today and a bit of bounce should be on the way as Gold price has been rising lately to its high. spread 26.70 v 27p

chart with volume

[pecker1] 14/1/2018 12:23

Yes, a coiled spring in need of a catalyst. My hope is that we will soon get one with another world class drill result which expands the high grade core of the Alpala deposit - we have not had one for several months as they have been exploring to define the perimeter of the Alpala deposit.

Next on my list is an eye-opening drill result from a location outside Alpala, such as Trevino, Carmen and Aguinaga.

This would refresh the Solg story and help to attract new investors.Investors - those who are not chasing the cryptos _ are spoilt for choice at the moment as many beaten down stocks take on a new look with the rising price of gold and silver.

[kyoquot] 12/1/2018 18:59

Fingers crossed, last Monday RNS was 27 November. 'Tad compressed'..... sprayed on comes to mind lol imho.

[alwaysevolving] 12/1/2018 17:36

Chart starting to look a tad compressed. Coiled spring anyone? If Gold continues rallying we may get swept up with the POG simply based on our name alone? I have a feeling we might be about to break to the upside. IMO.

[lefrene] 12/1/2018 13:52

One has already alwaysevolving, it's Newcrest. It's a slow burn game, let the prospector exhaust themselves digging up jewels to lay at your feet, take your time choosing the best in the pile, keep the prospector close to you just in case another suitor might cast his eye in your direction. Keep prospector keen by dangling promises just out of reach. Wait for prospector to get so tired that they accept your terms. NM being an old hand will have seen this played out in the past, hence the interesting structure of sub companys that Solg controls. But until we find the ultimate holder(s) of those overhanging 180 million new shares I think we will languish at these levels.

[alwaysevolving] 12/1/2018 13:36

Lefrene, re 11611, I completely agree. Just wish one of said behemoths would hurry up and wade in and make a sensible offer for a take out. The fact that no one seems to be doing so while we are apparently sitting on such resources few of which are seemingly currently priced in leaves one to imagine “why not?” And it’s this that worries me a little.

[lefrene] 12/1/2018 12:53

If Newcrest like what they see and ploughed in money at 41p, I'm inclined to take Newcrest's view a bit more seriously than a journo who has to fill some column inches. This thing can only go as fast as holes can be drilled and assayed.

[pecker1] 12/1/2018 12:19

Mining Journal comment:



Am not a subscriber so cannot see whether their comments are justified. Roll on the PEA.

[lefrene] 12/1/2018 11:42

alwaysevolving, with the world population growing and China and India catching up with the western world and parts of Africa also playing catch-up, then one would expect there to be a growth in demand for useful metal like copper and the security of holding gold against unreliable fiat currencies.

For whatever reason Solg seems to stalled at the valuation of the declared MRE for part of Alpala, the rest of Alpala and Cascabel are in for free, never mind the other 76 tenements plus Australia and the Solomons. Solg must be on every behemoths shopping list, where else are you going to find more than a centuries worth of mining at such a price?

[lefrene] 11/1/2018 11:54

I read the teenage scribblers of China are predicting $8000 a ton copper and $1400 an ounce for gold this year. Can't do Solg any harm if they are right.

[lefrene] 10/1/2018 16:46

"Errk, Errk, pieces of eight my pretties, pieces of eight". Alwaysevolving I wonder how long it would take before the milenials realised the clock had gone right back to the start? :¬)

However if we offered a 3% 'green' bonus for those who took the environmentally and socially responsible course of leaving their precious metal in the ground, then we wouldn't have all the faff of digging the stuff out, nor any of the problems that go with employing lots of people. Instead we could build hotels and bring in eco-tourist-investors to bask in the smugness of overseeing their buried wealth whilst enjoying the self righteousness of being politically correct. They could stand on their balconies and tut tut about the poverty of the locals, the lazy so and so's. Solg should start advertising in the Grauniad straight away! :¬)

Being very rich would be a nice novelty!

[alwaysevolving] 10/1/2018 16:08

You should get that ICO’d Lefrene! Ideas like that could make you a very rich chap very quickly 🤑

[noccer] 10/1/2018 11:42

With them drilling over 300m per day I hope the labs can keep up with the core analysis. At last exploration report we had assay results pending for holes 26-D3, 29-D3, 32-D1, 33, and 34. So thats many kilometres of cores waiting to be analysed.