Solgold Share Discussion Threads

[seanhunter] 05/4/2018 15:32

There right wsys of rsising moneu and there are others that do dispropotionate damage. Giving them away for 25p when the share price was 32p was a bit like putting your sister on the game. Money rsised but shareholder value destroyed. 21p from 32p due purely to our CEO wanting to sit on a pile of cash.

[mrpiggy] 05/4/2018 15:29

So we now know who owns 80, 000,000 if the private placement.... just 100,000,000 to go!

[mknight] 05/4/2018 15:16

When will he need to ask for more .

[mrpiggy] 05/4/2018 14:25

Shaun, whilst I agree that share dilution nearly always has a negative impact what else can NM do to prove up all at Cascabel?We aren't a producer (yet) so the only way he can finance the exploration is by dilution be it private or not. Once proven he then has the option of selling on the resource once the bfs states its viable. He has a proven track record of this so trust him.

[seanhunter] 05/4/2018 13:33

Unfortunately we always have Nick Dilution Mathers finger on the print more shares button, so any future progess is liable to be shat upon by our own CEO.

[mam fach] 05/4/2018 12:30

Think we might have bounced from the bottom.
Onwards and upwards from here.

[mrpiggy] 05/4/2018 09:55

4 things that will get us out of this downtrend. 1.proving up Alpala. Currently the market sees us as economically unviable. 2.A sustained rise in copper prices. If you take out of the equation the copper needed for electric cars demand will still far outstrip supply but since December we have bounced off $3.20 several times and are currently flat lining but logic tells us that cannot be maintained!3.repealing if windfall tax... a game changer!https://www.google.co.uk/amp/www.northernminer.com/news/ecuadors-new-mines-minister-hopes-eliminate-windfall-tax/1003794593/amp/4.A sniff of M&A activity, that's almost certain to happen after No 3!

[lefrene] 04/4/2018 15:54

The value thing here is, how much copper is really there, and who wants it badly enough? We don't know either answer, it's all a guess. Probably no news this week, too many people away on holiday, but an MRE update should not be too far away plus perhaps some assay figures too from the latest drilling? At the margins people just get fed up of waiting, so sell and put their money elsewhere, no doubt algo's pick up on that activity and the bots ensure a trend continues?

[onedayrodders] 04/4/2018 15:37

Got a little bit of top up cash but to be honest I'm top heavy already, and who is to say it cant go sub 20p now as I have no idea wtf is going on now ..doesn't seem to be any rhyme or reason to current share price activity

[onedayrodders] 04/4/2018 15:17

yep ... just depressing clouds and rain

[lefrene] 04/4/2018 14:46

Those sunlit uplands looking a bit elusive today ODR?

[onedayrodders] 04/4/2018 13:18

Next time I mention an uptrend can someone tell me to stfu

[lefrene] 04/4/2018 11:35

sp looks starved of good news today.

[lefrene] 03/4/2018 12:29

No visibility on those 180 million shares yet. I don't believe those bankers would still be holding them.

[stephen2010] 03/4/2018 00:27

ALBA!!! One to watch but don't hang around. Potential 15 bagger. See link below

[rougepierre] 29/3/2018 18:14

Bought another 70k today at sub 21.25...unbelievable...but then look at the price of KCC...

onwards and upwards...

[celeritas] 29/3/2018 16:15

Added a few today, should change over the next few weeks.

[compoundup] 29/3/2018 15:43

Great minds...

[lefrene] 29/3/2018 15:11

I'm guessing that those 180 million were mostly or all disposed of via forward contracts. I take that view because I can't see bankers shelling out a lot of money for something at 25p when the then market price was circa 37p, and then not taking advantage of that higher market price by some means or other. I certainly can't see them sitting there while their 25p asset goes underwater.

Over the next couple of weeks we might find out what happened to them, along with an MRE update and perhaps other exploratory news. My plan is to win the lottery on Friday, turn off the screen and, then go on holiday for two years and then look in to see what happened here :¬)

[mrpiggy] 29/3/2018 14:57

My view on it is this....we should get major holdings rns's so we can see who owns them!Now if they have done their homework they will know that no one has found copper gold ore in this volume for decades and in all likelihood we will at least double it. Take in to account that nick mather owns 90,000,000 shares and he hasn't unloaded any and that at 46p he said we would go to many multiples of 46p then ask yourself a question...would you sell your 25p shares at a loss or will you sit on them till NM with a proven track record delivers?

[mikalan] 29/3/2018 14:39

Who knows in this market.

As I understand it the 180m were bought for 25p per share. So as of next week they will be available to sell. Why would anyone sell for less than they paid for them?

There may be a thought that as soon as they reach a premium on the 25p, even a small one that they will be sold and therefore hold back the price, so it's not worth buying just yet. However at the current price there would still be 20% in it so I'm not sure about that.

[markth126] 29/3/2018 14:29

What are people's thoughts about when the 180million hit the market?

[mrpiggy] 29/3/2018 13:30

I wish ADVFN would get their house in order and stop changing characters you post... the question marks in my last post should have been a thumbs up!

[mrpiggy] 29/3/2018 13:26

Correct!??