Solgold Share Discussion Threads

[markth126] 11/1/2019 17:32

What kind of number do we think would be realistic take out price that would be accepted

[mknight] 11/1/2019 12:11

Rio tinto according to Bloomberg are looking to buy into Copper companies.

And have sugar loads of cash todo so .

In the end a war between Bhp And Rio Tinto

The advantage as NM says they have the advantage of rolling out production before the others .

[pecker1] 10/1/2019 16:57

Dark horse in the race perhaps? Barrick's new CEO:

[goldrush] 10/1/2019 15:08

Thanks from me too Pob69. Great stuff indeed !!

[alwaysevolving] 10/1/2019 14:43

Great stuff. Keep em coming Pob69!

[pob69] 10/1/2019 13:57

New video of Nick Mather presenting $DGR.AX at Mines and Money London $SOLG $SOLG.L Solgold (which may interest $CGP) #ecuador

Multiple references to the "...greatness of Solgold with more to come..."

Interesting to hear him say "...DGR is a better way into Solgold than Solgold itself."

Slide detailing upcoming DGR newsflow for Solgold includes "further re-rate on resource upgrade, Economic Analysis, regional discoveries AND CORPORATE ACTIVITY (my bold)."

[mknight] 10/1/2019 11:07

Thanks pob69 and jerry

[jerryspaniel] 10/1/2019 10:54

As posted on LSE, their next public presentation will be at PDAC on 5th March. It is on the PDAC website too.

[pob69] 10/1/2019 10:36

Just checking out 2019 conference activities for $SOLG $SOLG.L Solgold (which may interest $CGP) #ecuador as they haven't yet updated the website in 2019.

121 Mining Cape Town 4-5/2, HK 20-21/3 are confirmed
Mines and Money NY 1-2/5 ($DGR.AX sponsors) is confirmed;
PDAC 3-6/3 not confirmed but interesting to note Ecuador session on 6th so I would expect them to be there with hopefully positive PEA news (end of Q1 anticiapted)?

...The Ecuadorian mining sector has become an important destination for miners and investors from around the world due to its significant wealth creating potential and world class infrastructure. As part of the program, the Minister of Energy and Non Renewable Natural Resources and the Vice Minister of Mining for the Republic of Ecuador will present the country’s plans to establish mining as a pillar of the economy, including key objectives to ensure the responsible and sustainable mining project development. Revisions to the permit granting process in order to increase exploration activity in Ecuador will also be discussed. Additional presentations will be delivered by delegates of companies currently active in Ecuador.

[dmitribollokov] 10/1/2019 08:55

Gives us ~£3 a share, I would take that...

[mknight] 10/1/2019 08:34

Sogoesit

Seems about right for gold as they tend to buy at 90 dollars an oz .

[sogoesit] 10/1/2019 08:25

For Alpala following last update I have between $5.75bn (>0.3% c/off) and $6.45bn (>0.2% c/off) including copper. Gold only $1.96bn to $2.14bn.

Awaiting PEA for reality check!!

[dmitribollokov] 10/1/2019 08:16

$3bn for alpala would be about right...

[mknight] 10/1/2019 08:10

Ok 10 per cent

That would give us a value for just gold of 3 billion .

[sogoesit] 10/1/2019 08:00

Uh-uh... as Monsieur G would say (in Grand Budapest Hotel movie)!
What price do you assign to "gold in the ground"?
(for oil it's about $5/bbl... about 10% right now)

[mknight] 10/1/2019 07:37

Did you know..

Our gold in the ground is now worth

30 billion dollars.

[mknight] 09/1/2019 19:14

60/70p I hope wont happen .

[noccer] 09/1/2019 17:05

Sell the 85% share in ENSA more likely?

I think there are 4 regional Ecuadorian companies created and 100% owned by SOLG plus ENSA which is 85% owned by SOLG. Looks like the Blanca Nieves epithermal gold they found near Cascabel is not under ENSA but under their Carnegie Ridge subsidiary.

[5070481] 09/1/2019 16:03

Sell alpala, let someone else do the laborious mining and put all teh focus on more exploration. That will help the market decide how to value its discoveries. I'd happily see it sold for 60/70p adn then fous on teh other sites and get them proven up one by one. Exploration is where their expertise lies.

[mam fach] 09/1/2019 15:37

No rhyme or reason to it.

[mknight] 09/1/2019 15:32

Markets up gold up copper up

We are down 🤔

[mknight] 09/1/2019 12:58

Bhp billiton turnover 64.9 billion.

168.000 AT at 37.95 and cleared the buyer for now .

[mam fach] 09/1/2019 12:36

Said before it's the uncertainty that's holding us back.
Confirm sell off and let someone else mine Alpala.
Continue on exploration. After all that is what company is best at.
NM continuously said taking it to production.
Not sure if that is viable.
Best selling out and passing on the cost and risk of mining.
MHO.

[mknight] 09/1/2019 12:30

If someone large wanted to keep the price low then I am sure it would not cost that much . If PEA is good then it will rise for sure but as I said maybe to 50p if it was let to run then probably we would be at 45_50p already after PEA we may have been 75p .

A 25p difference is around 475 million less .