Solgold Share Discussion Threads

[dmitribollokov] 06/2/2019 17:10

Which link says that? That is a complete lie.

[5070481] 06/2/2019 16:28

I notice pob69's link says PEA expected first half rather than first quarter. I may be biased in remembering more often the times NM has promised reports and been late. January was certinaly originally flagged for PEA adn then got pushed to Q1.
I would hope that the daft offer to Cornerstone was due to the impending release though.

[trev1223] 06/2/2019 14:26

jerry:
I agree with your posts and I am like you a LTH. Many of us saw the share price rise to 46p and didn't have a clue why. It certainly wasn't the price of Au or Cu.
This has to be my last post on this topic.

[jerryspaniel] 06/2/2019 14:05

I apologise that I am not making myself understood. I don't disagree with you wrt the bullishness of the company nor how undervalued it is. I am a LTH and have never sold a single share.
But your price assertions are a bit like me saying that the Queen will die this week. One day I will be right but I might have said that 100 times and be completely wrong each time before it happens. When it does happen, it doesn't make me a sage, and when the price hits whatever number you come up with this week, nor will it make you one.
That's all. My last post on the subject, to the relief of many I am sure!

[mknight] 06/2/2019 13:00

I remember having a simular discussion with Dimitri and another poster about the state of the market around christmas time . I said that with employment at an all time high and interest rates at near all time lows the market would not collapse in the short term . I was right about that as well as i will be with Solgold .

[mknight] 06/2/2019 12:56

Thanks for that jerry.

I guess we will have to wait and see who is right . The stock imho is so far undervalued its funny all the broker notes give a figure around 80p . But i guess you have not read them . Sooner or later it will react and i will be right .

[jerryspaniel] 06/2/2019 12:39

I don't dispute Cu and Au are and will go up. What I despair with is the regular posts of irrelevant commodity price movements, not to mention share price views that have been constantly and consistently wrong.
I think that's it from me on this subject cos you obviously disagree and you will continually post 'I can see the share price at 45 this week' with absolutely NOTHING to back up this precise assertion.

[mknight] 06/2/2019 11:21

As Gerry has said it looks to me like all the good news is on hold until the PEA come out with a bang .

[mknight] 06/2/2019 11:17

I think thats why they put the cornerstone offer on the table related to our share price It does not matter to NM if cornerstone get 50p or 60p as long as he gets the shares . He knows that would look a great deal for cornerstone .

[lefrene] 06/2/2019 11:08

Perhaps they want to do a deal with Cornerstone first? If the PEA kicks off a major revaluation then CGP will cost more to deal with.

[arcadian] 06/2/2019 11:05

jerry

Read post 14685 and make a more seminal and secular strategic assessment about supply and demand going forward.

[mknight] 06/2/2019 10:59

Markth126

Anytime now until the end of March.

Should put how good this investment is in black and white . I expect the numbers to be amazing but we shall see soon .

[noccer] 06/2/2019 10:58

Mark : It was going to be January, but more recently they said Q1. They might have decided they wanted latest drill results and updated resource estimate included, or maybe there are other reasons we haven't got it yet. So could be tomorrow, might be some way off.

[mknight] 06/2/2019 10:44

Just added to my holdings .still can see 60p after PEA if not shortly after.

[mknight] 06/2/2019 10:35

Whho is talking about a few cents ?

My argument has always been higher gold and copper prices DO matter . Gold has gone from 1200 to 1314 in a few months this affects the PEA along with costs of water ,electricity etc etc

The Gold PEA will now be

1400 high
1300 mid
1200 low

Before it would have been

1300 high
1200 mid
1100 low

If it goes to 1400 then our PEA will move up another 100 for Gold .

[jerryspaniel] 06/2/2019 10:25

I don’t dispute the general theory that higher prices are good. But a) if this development is relying on a few cents here or there it won’t fly and b) every twitch in the price is completely irrelevant. So by all means get excited if cu is 3.50, but not up 5c to 2.82!!

[mknight] 06/2/2019 10:10

Jerry

The higher the gold and copper price the easier it will be to get funding .no one would fund the project if the numbers were unattractive .

[jerryspaniel] 06/2/2019 09:57

It absolutely wont improve the PEA at all. The long term price assumptions for the PEA were set a while back and like most broker analyses of the company do not move with every single twitch of the commodity prices.

Do you really think that a bank would lend on mine finance then pull it when the price moved 5% and then give it back when it went back up 5%!

For a commodity price to affect the PEA or any bank finance I suspect that the price would have to move by 25%, though this is a guess.
The only people who get excited about 2c on Cu are PIs....

[mknight] 06/2/2019 09:48

Correct Arcadian.

If the USA get an agreement with China i am sure we will see copper breakout and hit 3.00 very quickly . Which again will improve the PEA .

[arcadian] 06/2/2019 09:05

Copper is at $2.83. Whatever the current price an assessment of future availability, future prices and costs will feature in the calculations of all parties in this and all businesses.

[mknight] 05/2/2019 19:21

And the banks would fund them as well knowing that they could not make the money to return the loan.😁

[mknight] 05/2/2019 19:19

Trev. I give up 😂

[trev1223] 05/2/2019 18:56

mknight: YES

As Arcadian says copper is $2.82 - if it was $1.00 it would not affect SOLg sp

[mknight] 05/2/2019 17:57

Don't tell Trev acradian

[arcadian] 05/2/2019 16:58

Copper $2.82