Solgold Share Discussion Threads

[onedayrodders] 08/11/2018 09:58

ignore the 500 point gain head fake gain in the DOW overnight .. they love a bubble and are trying to keep it puffed up but the leaks are now too many.

[onedayrodders] 08/11/2018 08:23

Already have ... US Multi year bear market has started.

[mikalan] 08/11/2018 08:20

I think it's about time you started to predict a crash ODR!

[onedayrodders] 08/11/2018 06:39

when will I learn to keep my big "pennant" mouth shut

:o/

[mknight] 08/11/2018 06:34

Not enough for the chap he wants atleast a million for a pee .

[yufff] 07/11/2018 17:34

Patience is a virtue.

Everyone who stays long will benefit massively.

Just listen to Nick to see how upbeat he is.

For every 1p rise he adds £900k to his shareholding value.

[lefrene] 07/11/2018 16:09

Husbod, I understand the frustration, insiders getting a free ride, whilst nothing can be seen to be happening. Like most here the things that keeps one hanging on are the calibre of Nick Mather, and that the potential of the reserves of metal held by Solg are beyond colossal. It's like waiting for a government to honour their manifesto, will they live up to the 'talk', why can't I see anything happening!

[onedb1] 07/11/2018 16:04

This price is cuckoo . Should see buyers all over it . Am baffled given the latest corporate buys and Dec probable news release

[shakester2] 07/11/2018 15:56

Good job they aren't on AIM then

[goldrush] 07/11/2018 15:56

Husbod

I understand what you are saying.

But for all the reasons lefrene has said in 692 & 695 it May not be so bad and we need to keep all the Team happy. It definitely is a waiting game and let us see the resources and also drill results from other locations.With all the action around SOLG tenements the whole Team is probably in great demand.....Providing these results are as we expect then they will need all their Team and well motivated. Let us see how many the directors get especially since they got 40 m not that many months ago.

[husbod] 07/11/2018 15:47

Hmmm - wonder what BHP think of these options. Have they got their guy on the Board yet?

[husbod] 07/11/2018 15:40

Well I'm afraid goldrush that I'm not happy with a 60p ceiling for the foreseeable bar a bid as I was looking at this as a 10 bagger. 89 million options at 60p is well over the top and that doesn't include the options at 40p.And how many more options are the directors thinking of granting themselves at 60p. Let them buy them on the open market like everyone else. This is beginning to smell like yet another AIM stitch up.

[mam fach] 07/11/2018 13:55

Exactly the endless wait.
But us LTH's know when Solg moves it really motors.
Keep holding and as I always say still time to get in.

[lefrene] 07/11/2018 13:49

goldrush, We all know it's a waiting game, getting all the ducks in a row so that some big hitter will make a bid for it, or at any rate buy Cascabel or even just Alpala. The endless wait for an updated MRE, and some sort of financial feasibility study just drags on. But then the scale of these things do mean that a whole team of career types will not take any risks without having something 'concrete' to justify their next move of the chess piece.

Some of the decision processes in these big companies do make you wonder, I suspect that it's all procedure and not much common sense, you don't want to risk your well paid job.

That BHP iron ore train wreck in Australia the other day because the highly paid driver went to check on a problem with a wagon, and presumably forgot to set the brake. Why is there not a pressure switch under the drivers seat? No weight on the seat, the switch would set the brake. Probably going to cost several million £'s to learn that one, luckily no one was hurt, but I guess that driver has just made himself unemployable.

[goldrush] 07/11/2018 13:08

Lefrene

Well said. I think that 60 p strike price I.e just over 50% above where we are now is fine.....Get the share price up to that 60p level,and beyond with revised MRE, further drilling results....closer to £1..... then corporate activity by BHP etc at £1.50....would be an excellent result IMHO.

[mknight] 07/11/2018 11:47

Lefrene. The problem is that most of the options go to the directors.

[lefrene] 07/11/2018 11:14

Husbod we all hate dilution having risked our capital whilst employees get paid by us and also enjoy riskless freebies. On the other hand if most of this largesse is for the benefit of ordinary employee's in the field I can see that it serves as a useful incentive to keep them on side. Once a young graduate has some hands on experience in the field then he/she will be looking for opportunities elsewhere and take their knowledge and experience away with them. Thus it's necessary to have a meaningful carrot tied to a stick that is not too long, a carrot that can be achieved that is worth sticking around for. Why else are you going to hang out in a sticky jungle in the back end of nowhere? You also need to keep the local employee's on side too, they will want to see that a bit further down the road their lives will improve. So yes we all hate it, but it's a necessary evil.

[husbod] 07/11/2018 09:27

Don't like these massive share options at 60p and Will vote against any further ones in favour of the directors.I'm all for rewarding employees but not to the extent of stuffing the owners ie us.Seems to me that these absolutely massive in respect of the number of shares involved options are in effect putting a lid of 60p on the share price barring a bid the amount of which will also be adversely affected by the options.

[pob69] 07/11/2018 09:07

SOLG.L SolGold $SOLG #ECUADOR has been shortlisted for this years Mines and Money Outstanding Achievement Awards 2018 (held 26-29 Nov):

Exploration Discovery Award (winner 2017)
Mining Company of the Year-Latin America
CEO of the Year – Exploration (winner 2017)

Solgold are also a "premium" spotlight presenter (26th 11:30am)

[mikalan] 07/11/2018 07:14

Must be due an exploration update. Last one was over a month ago. We used to get them much more regularly.

[pob69] 06/11/2018 19:37

Here is Anna Legge presenting at Precious Metals Summit in Zurich $SOLG.L SolGold plc $CGP $SOLG #ECUADOR for those who missed the live link earlier today;



slides

[mam fach] 06/11/2018 10:24

Doesn't look as if market is impressed with latest RNS.
How many more options are going to be granted.

[pob69] 06/11/2018 09:50

Anna Legge presenting at Precious Metals Summit in Zurich $SOLG.L SolGold plc $CGP $SOLG #ECUADOR

slides;

15 minutes confidently delivered with just a shortened presentation pack reiterating much that is already known and confirmation of target doubling of MRE by end of year, PEA beginning of next year (half capex of equivalet in Chile). "Significant newsflow" expected with other tenements before the end of the year.

Target Prices from analyst coverage
Red Cloud (C$1.30), Cormark (C$1.20), Hannam (80p), National Bank of Canada (C$0.95), Liberum (69p), Paradigm (C$0.85)

From 37 mins onwards