Solgold Share Discussion Threads

[dmitribollokov] 20/11/2018 08:36

and away we go - mid 40s today

[mam fach] 20/11/2018 08:34

You all realise that NM is playing with us don't you !
Gone from Tier 2 to Tier 1.
Price moves 1p.
The old Solomon Gold would have @ least doubled on this news.
Those were the days.

[5070481] 20/11/2018 08:19

Shame it wasnt released into a market when copper was strong. SUspect the reaction would have been a bit less muted. HAving said that it then wouldnt have given a top up opportunity on open and would have left a gap to fill later for shorters to target.

[andrewhbruce] 20/11/2018 08:10

Wake up market smell the coffee, sorry copper!

[dmitribollokov] 20/11/2018 08:07

Love that it didn’t gap on open, will be up hugely today.

[5070481] 20/11/2018 07:57

NIce to get it in a timely manner for once from a miner. Stops shorters having fun with a delay. Think it reads well but as ever lets see what the market had been expecting. Greater than 0.9 was the more interesting resource for me rather than droppoing the cut off to 0.2 from 0.3 for some reason in teh lower grade cut off

[dmitribollokov] 20/11/2018 07:52

I wanted to get in ahead of the MRE, but some luck there! Epic update and delivered at least 2 weeks early...

[greatfull dead] 20/11/2018 07:52

Will hopefully be back in sooner rather than later.

ATB,
GD

[wisteria2] 20/11/2018 07:43

Yes and still more to be found. gla

[goldrush] 20/11/2018 07:27

Ladies and Gentlemen

RNS .....We now have a monster....

markth....First time I have seen qualification for Tier 1 status broken down....Great to announce it today 😀

[markth126] 20/11/2018 07:20

Gotta love Mather's optimism about becoming a copper major!

[dmitribollokov] 19/11/2018 18:00

Don’t like O&G thelung, think it’s in terminal decline. More focussed on vanadium/copper/cobalt and to a lesser extent lithium.

BMN has been my fave stock for a while, 10-bagged since i first got involved and still had a long way to go.

[lefrene] 19/11/2018 17:23

Dmitri, just as well BHP rocked up, or the long no-show of an MRE might have it back below 20p by now! Best of luck with your 200k, perhaps the waiting is now mostly over?

[thelung] 19/11/2018 14:54

Nice buy dimitri. For a similar story but in o&g have you had a look at ECO Atlantic?

[dmitribollokov] 19/11/2018 14:44

Added 200k shares today, don’t often get major’s circling as blatant as this and the resources here are enormous. I was lucky enough to be in CEY from the very early days. This has way, way more potential and better jurisdiction...

[pob69] 19/11/2018 08:12

New short interview with Nick Mather MD of $DGR.AX covering BHP's investment into $SOLG.L SolGold $SOLG #ECUADOR $CGP

[telbap] 18/11/2018 22:23

Del, you need Prozac my man, American made Answer to the up coming falling of a thousand knives.(I actually agree with you thought, although maybe not the knives part ;/)

[dmitribollokov] 18/11/2018 21:20

This is insanely good on fundamentals, what are chart thoughts on the gap at 20ish p, breakaway, or does that need to be filled?

[arcadian] 18/11/2018 21:06

The end of the world is nigh. It`s not in anyone`s interest for this to happen.

On a brighter note

If MRE2 comes in at 22 billion pounds of copper and 25 mill OZ of gold what would the NPV of that be?

Perhaps we should moot with NM the take over BHP or RTZ.

[lefrene] 18/11/2018 13:31

Well argued ODR, I have been expecting a 'Weimar republic' episode, but it hasn't happened. The unwinding will have to be slow, hence as you say a long bear market looks likely as interest rates move towards a more normal range of 5% to 7%, but what effect will it have on metal prices?

[onedayrodders] 18/11/2018 10:56

onedb1 ... personally I don't believe the market will find a bottom for years as what is unfolding over the pond in "bubble land" is the unwinding of the longest absurd zero to low interest policy period in history.

All that this has served is to pump up an even bigger bubble than the 08 Financial crisis it was supposed to fix. Hence the term kicking the can down the road ... but now that road has come to a dead end as Int Rates are rising.

In 9 years the FED have increased rates from 0 to only 2.25% ... yet the moans and groans from traders alike are growing louder by the day ... reason why is they know the days of easy money and a one way stock market have come to an end.

6 of those 9 years the rate was 0% .. that's when all the debt in the housing market was taken on, now it's in decline and people are struggling to pay their mortgages and equity is vanishing hence no remortgaging anymore to fuel their lifestyles ( sounds familiar right ? will they never fkn learn !) and companies used cheap money to process huge buy backs in their own companies to keep the stock prices inflated ... they can't afford do that anymore. It's payback time.

IMHO We are starting what will be the longest painful bear market in history.
There will still be up days but these will be effectively corrections.
It will be like death by a thousand cuts over a long period and with severe downturns.

But hey wtfdik

[mam fach] 17/11/2018 15:53

Taken far too long to get back to peak of 46p & not there yet.
BUT this is not the time to bail out.
Think we could see upward movement anytime now.

[onedb1] 17/11/2018 15:43

Haha . Sorry lol . Need some humour as price is a bit silly . At least if am right . I'd expect this general market malaise to find a bottom soon . When media turns flat out bearish it's usually a good signal to go long again . Viceversa is true too . Peak media hysteria of bullish views coincided with peak market . Now Buffet bought loads of bank stocks this week. He seems not to be too bothered . Whilst I read that BHP buy may not be immense vs their market cap it's not even pocket money that they throw away . Solgold is a huge asset and the message is clear . It's not selling to any major firm in size for less than well above 45p. It's a no brainer . The assets are there . It's not fiction . Time will tell and I don't have to sell a position well in the money . But could add