Solgold Share Discussion Threads

[yufff] 26/9/2018 15:45

It was a buy no doubt about it

[trev1223] 26/9/2018 15:27

There was a million sell at 14:17

[zeusfurla] 26/9/2018 15:19

Looks more like a sell at that price but why no movement in sp?

[mam fach] 26/9/2018 15:03

Don't remember seeing trade that big.
Hope it was a buy.

[shakester2] 26/9/2018 14:37

Was that a 1million buy?

[jerryspaniel] 26/9/2018 14:05

Whereas our clown of a chancellor (later to be idiot PM) sold ours at the bottom of the market....

[goldrush] 26/9/2018 14:02

Guys

Just refreshing myself with info on Share Options again

Last ones for NM 27 million, 10 million for directors and 10 million for the 2 geologists were at 60p

This year Senior Employees were granted 21 million shares at 40p

So a long way to go before they are in the money.....Note they can be exercised on takeover !!

[tidy 2] 26/9/2018 14:00

Are Central Banks Buying More Gold In Anticipation Of Shift In Global Economic Power?Simon EdmundsNews10:08, 26th September 2018Central banks upped their gold reserves at the biggest rate in three years in the first half of 2018.In the first six months of 2018, central banks added a net total of 193.3 tonnes of gold to their reserves - an 8% increase compared to the previous year, and the strongest H1 of buying since 2015.This was driven by three main buyers - Russia, Turkey and Kazakhstan - who accounted for 86% of central bank gold purchases - Russia buying 383.3 tonnes, Turkey 125.8t, and Kazakhstan 125.8t.However new countries also got involved, with Indonesia, the Philippines, Thailand, and India buying gold after a period of absence, the latter for the first time since 1978.This is according to a new report from the World Gold Council on H1 central bank gold buying trends.The IMF says central banks now hold 10% of global FX reserves ($1.36tn) and accounted for 10% of demand in the first half of the year.vox marketsWhat is driving gold demand?One of the main reasons why central banks have upped their gold buying in 2018 is diversification.The WGC argues that central banks in emerging markets want to use gold as a hedge against the US dollar and the renminbi, as well as currencies like the euro that face political and economic challenges.The World Gold Council said: "Against the backdrop of persistent low and negative bond yields and limited high-quality investment options, it makes sense for central banks to turn to gold as means to increase portfolio diversification."But it's not just currency risk these central banks are hedging. In an environment of heightened geopolitical tensions, gold is an attractive asset because it is not anyone else's liability and does not carry any counterparty risk."Another reason central banks in emerging markets are buying gold could be to maintain a certain allocation level, as global gold reserves increase.A third driver mentioned in the report is that some central banks are upping their gold levels because it enables them to "actively manage their liquidity or boost returns" through leases, swaps and other transactions.Both Hungary and Argentina use their gold reserves for these purposes in order to meet short-term needs.Listen to our podcast on why gold could be very undervalued below:

[mam fach] 26/9/2018 12:34

Pure luck.

[onedb1] 26/9/2018 12:01

Wow ! What a buy that was . Well done .

[mam fach] 26/9/2018 11:56

Scarey.
That is worrying considering I was brave enough to
buy in placing @ 3p.
Let's hope we live to see the many times current price as promised.
Holding you to it NM.

[lefrene] 26/9/2018 11:11

The news gets ever closer and maybe BHP are doing some door knocking?

[zeusfurla] 26/9/2018 11:06

Or our buyer from Monday is back after a day off yesterday.

[mam fach] 26/9/2018 10:51

Simple.News on the way.

[mirabeau] 26/9/2018 10:42

Whats' going on?

[metis20] 26/9/2018 10:27

The 500k at 35.5p on the ask disappeared a couple of minutes ago - and up we go...

[7rademark] 26/9/2018 10:26

Sudden increase in buying, either sellers buying back or a leak maybe.

[onedb1] 26/9/2018 10:22

Regaining traction . Let's remember things don't go up in a straight line or they over heat . And sellers rightly take profit . What is interesting is that if we get going again then 40s here we come

[arcadian] 26/9/2018 09:43

Copper happy at $2.82........

or so it seemed

[mam fach] 26/9/2018 09:21

Awaiting the next RNS with interest.
Think its needed to keep momentum going.
Thought news due this week.

[mam fach] 25/9/2018 22:27

Few holders rattled into selling today.
Might be regretting it tomorrow.
Onwards and upwards.
Interesting to see how quickly price recovers.
GLA

[7rademark] 25/9/2018 21:49

Very positive, I will add tomorrow, today's fall was not convincing and there was zero stock available for the last 10 minutes of trading.

[lendmeafiver] 25/9/2018 19:34

2m 25s into the video

[lendmeafiver] 25/9/2018 19:32

Nice mention of Ecuador in that video 7rademark, sounds very encouraging

[7rademark] 25/9/2018 18:21

https://www.youtube.com/watch?v=XSfGS3zg0C0