Solgold Share Discussion Threads

[7rademark] 25/9/2018 16:28

Can't buy online into the close.

[shakester2] 25/9/2018 15:51

Wrong thread mate

[tidy 2] 25/9/2018 15:50

Grades219 g/t176 g/t72.3 g/t70.99 g/t58.03 g/t45.62 g/t40.37 g/t40.25 g/t29.49 g/t20.89 g/t

[tidy 2] 25/9/2018 15:50

For those not aware OMI has struck gold with Newmont agreeing to fund their Anza through to production. Check out the grades to see why. OMI was priced to fail and now only £12m cap. Adjacent play Newmont also is a major holder in has a NPV of plus 800m usd and growing.

[mam fach] 25/9/2018 14:07

Shareprice pausing for breath.
Consolidation after sharp rerating from 20p.
This was to be expected.
Chance for profit taking but still not too late to buy.

[shakester2] 25/9/2018 12:52

Not sure if this has been mentioned before but just noticed this - Precious Metals Investment Symposium in Perth.Thursday 4th October 2.30pm Investor Presentation: SolGold Plc, Steve Garwin, Chief Technical Advisor (LSE & TSX: SOLG)

[goldrush] 25/9/2018 12:02

shakester2

Another 100k purchase just gone through.

[goldrush] 25/9/2018 09:55

Obviously Traders will try to play this but with the big boys circling, NM on a PR drive,with a whiff of some action there is a great risk that sellers will not be able to get back on the train....

RNS must be due on Drilling Update....There also must be approaches being made to us.....IMHO

[mirabeau] 25/9/2018 09:49

Holding just over 100k shares now having sold all my other holdings from INFA through to HUR though HUR still has some way to go imho. I believe the best upside is now in SOLG

Average price is around 27.5p. I did get a quote for 185k at 22p and didn't take it...grrrrrr then a few days later the BHP news hit the wires

GLA

M

[shakester2] 25/9/2018 09:41

Few 100k going through too. Could get a holding RNS which would be nice

[arcadian] 25/9/2018 09:26

What is true is that the future will be AI and AI will need copper and the world`s big miners will find Solgold`s discoveries highly attractive, Last week Blackrock raised its holdings in KAZ and before that BHP bought a foothold in SOL. The race to acquire copper will intensify.

[mam fach] 25/9/2018 09:12

Not sure I agree. But weak holders bound to want to bank profit.
Fear and greed- that's what moves shareprice.
Nothing wrong in taking a profit.

[7rademark] 25/9/2018 08:54

Chart was looking a little toppy after such a good run, it needs to test 30p imo,

[arcadian] 25/9/2018 08:37

I was surprised by the 300 this morning but must assume that someone is building a stake.

PS I expected this pull back to flush out weak holders and it seems to be working.

[goldrush] 25/9/2018 08:15

Again big buys going through at 8.06 370,000 in 3 trades of 300,000 50,000 20,0000....

[jerryspaniel] 25/9/2018 08:12

I think its pretty academic what prices you use when the stuff is in the ground and wont be out for years, but I do think its bad practice to use prices higher than the spot! In my previous experiences we have tended to use about 20% discount to spot to justify commercial quantities.
Maybe these were once, but they aren't now.

[goldrush] 25/9/2018 07:58

Courtesy of goldenveg on LSE BB relating to NM Presentation....

....Yep mentioned this chart being new on sunday and threw out some numbers from guestimating the positions i think i had core as valued at $46b and total at $117b value in the ground by themselves solgold.
These numbers equate to appox 18% higher than what i had attributed to their target of 10mt cu 25mozs gold, and im using 3dollars lb and 1300dollars oz which is what solg have used last few years as their used values.
I think they have let cat out of bag re mre update with this chart.

[kyoquot] 24/9/2018 19:31

Good evening jerryspaniel, there is some information on the London Stock Exchange website under Listing Regime and further information on the FCA's website I believe. Hope that helps :)

[jerryspaniel] 24/9/2018 19:29

Seems that its still a standard listing. So scrub my thought and thanks to Kyoquot for putting me straight.
Learn s/thing every day!

[yufff] 24/9/2018 19:28

Whites 123

Most sensible post of the day on this site.

[jerryspaniel] 24/9/2018 19:17

Thanks Kyoquot. I didn't know that. Do you know where this information is available?

[kyoquot] 24/9/2018 19:10

"If we can stay around here or slightly higher then SOLG has a great chance of being put in the FTSE250 at the next quarterly review, which I think will be in Dec. Its already bigger than a handful of companies."

I believe we have a standard listing and are therefore ineligible for the FTSE250 - unless a premium listing is underway? May well be wrong, but that was my understanding of how it worked.

[jerryspaniel] 24/9/2018 18:38

If we can stay around here or slightly higher then SOLG has a great chance of being put in the FTSE250 at the next quarterly review, which I think will be in Dec. Its already bigger than a handful of companies.

[jerryspaniel] 24/9/2018 18:18

Has anyone found out a way to hear/see todays presentation? From what I have found its not available till Thursday, which is a little odd.