Solgold Share Discussion Threads

[mikalan] 21/9/2018 10:16

If Lefrene's 5 billion valuation is correct there is plenty of time to buy.

[mam fach] 21/9/2018 10:12

Next RNS will be cruicial.
All the excellent RNS's we've had lately and they have failed to shift share price.
Something else is bringing buyers in.
Still not too late to buy.

[simon_carter] 21/9/2018 09:48

Great to see consistent volume coming through

[lefrene] 20/9/2018 15:10

Good to see the price move up on decent volume.

[mad foetus] 20/9/2018 14:40

I have bought a few more. I like everything I see here

[whites123] 20/9/2018 12:15

Nice one Onedb1... :-)

For the benefit of any that think I only take the mick out of chartists (LOL: Analysts), Onedb1 in my opinion is very different.
Takes the time to explain thinkings...
Doesnt proclaim to be right at every opportunity.
Is not self righteous or condescending.
And even though I dont believe in fairies, I do appreciate fully the time and effort that Onedb1 puts in. And of course even though we may be poles apart, both (As well as numerous others here) all share the one goal, and that is to see our investments here pan out.
Another thing....
Onedb1 lays his cards firmly on the table and doesnt try to influence others with daily changes of tact or direction based on retraces etc...

Looking forward to the £1.00 here before it takes off..
I see £1.00 as a low marker for the stock based on resources already proven..

[onedb1] 20/9/2018 11:59

Expand it even more and you'll see the phase where we based and Now coming out of . Good to see your chart work

[lefrene] 20/9/2018 11:37

onebd1, Thank you for that insight.

[brahmsnliszt] 20/9/2018 11:32

short term chart - but nice trend since BHP news

[onedb1] 20/9/2018 10:49

Sorry for long post to Whites . I have exchanged posts on other site so have a good rapport with him . As for my intial Solgold Target am looking at 45/46p initially to then consolidate . The next leg up will then be juicy . Not in a straight line and I set no precise timelines . I don't know how to do that

[onedb1] 20/9/2018 10:46

Hey Whites / Disorder I know what you are doing lol . Trying to get me to give a proper analysis lol. Been very busy ( will have news hopefully if all goes well next year ) moving from retail to institutional so am working on loads of compliance stuff and backesting my so called black box . I have 5% chance of being successful I think . But given a chance .. I take it . As for Solgold I did post my view in the old iii months ago . The chart is forming a good bowl / basin and I target back to 45p . So far it's spot on . I did give 20p as my base. Below I would have sold out . Moving averages are used by the likes of me when they are either crossed ie price cuts average or MA moves up or down . ma 200 is at long last moving up again ma 100 too and ma 50 and 20 . It's a bullish sets of MAs . No doubts . I will link my weekly and daily view tonight ( late as I work long hours and given the precision of all this it may change your mind on proper TA and Quant analysis . Single stock is not really what I do as I work on baskets of shares and use a model to determine cycle , factor and sector to go long . But it gives me more IMO than any other method . I equally believe that before we see a bust in the markets we'll need a boom in commodities , so in theory copper needs to rally a lot 99% of so called TA on bbs is (sorry if someone gets offended) rubbish . Unintentional probably and most hedge funds I know are fundamentals driven but use TA as a risk man tool . But none will listen to Cup and handle or head and shoulders or random lines or Fibonacci stuff . None . They want a model , back testing and loads more.

[lefrene] 20/9/2018 09:57

Thank you Noccer.

Copper $6000 per ton x 10 million $60,000,000,000 $60 billions of copper.
Gold $1200 an oz, x 25million =$30 billion. So that's $90 billion in Alpala alone, never mind the rest of Cascabel or the other 70+ tenements. A $5 billion take over begins to look like the steal of the century if it came to pass.

[noccer] 20/9/2018 09:38

Nice of NM (at Diggers and Dealers) to give us a heads up on the predicted resource estimate growth for Alpala since the initial MRE. He estimates from 12 million ounces of gold to 25 million, and from 5 million tons of copper to 10 million. But that's just Alpala, plenty more in the other tenements.

[mam fach] 20/9/2018 09:15

Good sign 12 posts on BB.
Still time to get in for anyone not holding.
30p is cheep cheep.
Putting my beak on the line here.

[lefrene] 20/9/2018 09:04

jerryspaniel, I think TA can be useful when looking for 'triggers', I suspect that algorithms look for such events (amongst others) to provide a heads-up to those managing funds.

[brahmsnliszt] 20/9/2018 09:04

looking very good here.......

loving the volume as much as the price action.

[onedayrodders] 20/9/2018 08:31

Nice for the likes of us here to be back in the driving seat

[whites123] 20/9/2018 08:30

Jerry:

Let me try and help: You commented.
"I did notice that the 20 day MA had crossed the 200 day MA this week for the first time (positively) since 2015. Obviously they crossed on the way down mid last year. I am sure those who are more technically minded can explain the significance or otherwise of such a move, but I was always led to believe that this was v positive."

There is no significance, there is nothing to read into it, its all seen after the event.
No one predicted these "Signs" (Just as no one was able to predict the lottery numbers last weekend) there was however a lucky guess... :-)

Any movement in the market for SOLG or for anything else is based purely and simply on supply and demand..
More buyers with fewer sellers = rising price. More sellers with fewer buyers = falling price.
There was a post a few weeks ago where someone mentioned auto algo trading.. Yes indeed, some clever boffins have developed trading software that will execute buys and sells in nano seconds.. This is not the same as making wild unfounded predictions as chartists do.. :-)

Based on news that BHP has bought a stake I predict a steady rising price. :-)

If any chartists would care to predict the closing price of SOLG this week and next week in "Advance" of the dates based on lines on a chart then please lets hear them... :-)

[wisteria2] 20/9/2018 08:28

£1-£2 lets see the share price move up to 50p first, I think most share holders would be happy around that before xmas

[p winky] 20/9/2018 08:19

Yabbadabbadoo

[onedb1] 20/9/2018 08:08

30p bought in good quantity . Good start .

[pob69] 20/9/2018 07:32

Here's Nick Mather's 30 min presentation from Diggers and Dealers earlier today. Not had chance to review it yet. $Solg #ecuador