Solgold Share Discussion Threads

[arcadian] 18/1/2019 16:32

And then some.

PS The bright future for copper painted by several outfits should help those who want to buy into the sector make up their minds to strike before everything get to pricey and too competitive.

[bmnsa] 18/1/2019 08:39

81p more like

[dmitribollokov] 17/1/2019 21:36

41p - lol, bunch of utter chancers...

[pob69] 17/1/2019 21:02

Excellent report by Arden Partners on the outlook for copper with reference to China stimulus boosting demand. Arden has a buy out on $SOLG SolGold SOLG.L (with interest to $CGP) #ecuador

"To take advantage of maximum returns from an early stage greenfield exploration story invest in:
SolGold: target price of 41p, implied return of 11%. Note that SolGold’s
potential return is c.130%-430% when upside is taken into account."

"Catalyst SolGold: preliminary economic assessment due Q1 2019."

[mknight] 17/1/2019 19:49

Having just read the Lse bb I think the
Share is starting to have a serious affect on many of the investors health .

[mknight] 17/1/2019 13:50

I thin he is taking the mickey to be honest but there is nothing that can be done he also owns most of DGR which has 12 per cent So he would own approx 16 percent of the company .on the positive side he won't want to give the company away .

[goldrush] 17/1/2019 12:47

Believer1

I don’t think NM will be included in the employees scheme. I would say this scheme is to make sure All the employees do well from SOLG on takeover or whatever.All the geologists,machine operators,environmental teams, drilling teams, gardeners etc will all be looked after.....so that any local sensitivities to a big boy coming in are NOT an issue. SMart move IMHO

[mikalan] 17/1/2019 12:37

If he sells for over a pound I won't begrudge him his profit.

[believer1] 17/1/2019 12:30

Does not the recent 140 million X 60 pence option schemes now make another significant employee/Director holder group which will nearly equal BHP and DGR percentage holdings in SOLG? With NM already holding 5% of SOLG, together with the issue to him of 5 million options from the Directors Option Scheme, and the uncertainty of who will be issued with how many options from the Employees Incentive Options (and I suggest here NM will get the lions share of these 60pence options) NM may have ownership of well over 10% of company.
If a takeover occurs over the one pound mark, these 60 pence options will give the new holders approximately 56 million pounds profit......1.4 million pounds for every pence over the 60pence mark. What an generous incentive scheme put in place by the power brokers within SOLG!

[yufff] 16/1/2019 21:16

Majors waiting for PEA update before deciding their next move.

One more major making a play will have NCM and BHP scurrying around for stock.

Only bug block left is CGP holding in Solg which they would sell at a price.

[yufff] 16/1/2019 21:13

These things take time and if you take a look at analysts targets and ghetto reasons behind these you will clearly see the pattern based on Cascabel and new tenement locations with near surface discoveries.

[arcadian] 16/1/2019 21:00

Anyone????????????????????????

[mknight] 16/1/2019 18:47

Yufff

Can you explain why we are at 36p then .

[sogoesit] 16/1/2019 18:27

Surely the next realistic "marker" would be 45p; the price BHP paid?

[trev1223] 16/1/2019 15:39

yuff: Hope that you are right, but it is not going to happen until mining and production starts and that assumes that SOLG does the mining and not an outsider.

[yufff] 16/1/2019 14:16

60p x 4 minimum for heavens sake.

The dross posted here is unbelievable.

[mknight] 16/1/2019 14:11

If it is then I do wish they would hurry up .If we are going to get robbed then I am sure it's less painful if they do it quickly .

Just to add atleast NM would get a few more shares from his options at 60p .

[trev1223] 16/1/2019 13:35

mknight: While the gold and copper are still in the ground, you may be more right than you think, and 60p could be a possibility. imho.

[arcadian] 16/1/2019 10:33

It is both flattering and frustrating that interested parties take the trouble to contain the share price

[mknight] 16/1/2019 09:05

Mikalan

It looks fantastic but you always are a little concerned when we should be trading at 3 times the share price for just the gold we have in the ground . The fear here is that even after the PEA we will still be trading at simular levels and someone takes us out at 60p

[mikalan] 16/1/2019 08:25

Agree, but would imagine BHP already have a pretty good idea what it contained before buying their stake which implies that it must be positive.

[mknight] 16/1/2019 07:54

MIKALAN

I would imagine the BHP and Rios of this world need it before committing 100 per cent .

[mikalan] 16/1/2019 07:42

We all expect and hope that the PEA will be the catalyst that propels the share price north. The investing psychology around this is interesting. If, as we assume, investors are waiting for the PEA then they are playing a very conservative game. Not buying in advance for fear of a poor report and risking missing significant upside. I guess that's the nature of larger investors.

[mknight] 15/1/2019 20:51

Husbod

Just might be copper and gold will rise together . Lets get the PEA out and we can get cracking .

[husbod] 15/1/2019 20:32

The worlds largest gold miners are teaming up in the face of a flat gold price and declining returns from their existing mines, which are slowly being depleted. New discoveries of mines are few and far between, making the consolidation of a traditionally fragmented industry more tempting, while investors have spurned holding gold and gold equities, keeping share prices depressed.So says the Telegraph today.Works for us in any number of ways.