Solgold Share Discussion Threads

[ntd303] 17/3/2011 08:27

If you search back to through the thread you'll see the link for capital raising RNS, which was announced in November.

Golden Axe - if you want to add something to the discussion here, please detail your reasoning. 16p here we come is a mindless statement.

[golden axe] 17/3/2011 08:24

16p here we come

[wooster4] 17/3/2011 08:16

sayeomans - you obviously haven't looked for some time - raised money for 12-18 months 2 months ago. I hope you do more research before investing elsewhere!!

[mike routhorn] 16/3/2011 21:31

This is Solg and they're not short of working capital.

[sayeomans] 16/3/2011 21:27

last time I looked Sol is short of working capital, so maybe a placing is due?

[mike routhorn] 16/3/2011 20:34

I think there are a lot of forced sellers about. Someone dumped 800k GGP yesterday at a silly price. Bloomberg piece reckons that there's a lot of Japanese selling to bring the money home.

It won't last. Meantime we have knock-down prices.

[chavitravi] 16/3/2011 16:57

Odd moves after time, 100k sell well below price @ 22p (serves em right) and 70k buy well over the odds @24.5p. It may move up tomorrow.

[chavitravi] 16/3/2011 14:06

Bear traps set by mm's all over the place this am. I think this will bounce lovely with a little news now.

[wooster4] 16/3/2011 12:23

Just topped up with a further 37.5k. Very confident here. Blue sky potential coupled with nearing production to underpin current valuation seems a pretty good combination.

[ricric] 16/3/2011 10:16

Ha! Do I detect a sly smirk regarding TPJ ntd303?

[ntd303] 16/3/2011 08:18

Nice to see us up this morning.

TPJ down 3%

[ntd303] 15/3/2011 23:29

This is AIM. They don't even seem to care about the volume of sells before dropping the price. Once they sense sellers are panicking, they create even more...

They must read the BB's to suss out what people are thinking.

I sometimes think we don't do ourselves any favours by posting...

[captj] 15/3/2011 23:18

Chavi - to true. Don't know how you can call them market makers when some shares have twice as many buys as sells yet marked down heavily. Not my understanding of making a market more making a mark up.

[mike routhorn] 15/3/2011 22:48

ntd303, I wouldn't worry about denarii or the latest reincarnation of robson.

When you have markets in a state of general collapse it is the easiest thing in the world for a de-ramper to claim that the fall for any given company is due entirely to there 'being something wrong' or 'people wising up' or any amount of similar nonsense.

My portfolio took a kicking today. Anyone have a blue day? I doubt it.

[ntd303] 15/3/2011 21:05

Denarii's deramping on the other retired thread I see.

Doesn't he realise We're an explorer? Yes, we have some proven resources and are looking to go in to production at 100,000 Oz of gold per year. The real prizes are the joint venture with Newmont and Fauro which could yield over 40mn oz.

All mining stocks have got battered recently however he targets this one specifically.

Derampers never target a bad share. The potential here is huge which I'd why we saw the meteoric spike to 88p in September.

[chavitravi] 15/3/2011 18:46

Capj; no chance this is AIM and the mm's on here are a law unto themselves. There isn't any rules, not really.

[ricric] 15/3/2011 17:33

You may have a point there Mike Routhorn. There is so much news expected on so many fronts that I am surprised we haven't heard anything since the 28th Feb.
Gold, I am sure, will be back in favour soon and may well coincide with a plethora of rns's.
Even if the share price remains static it would be good to see more boxes ticked.

[m1tu] 15/3/2011 16:26

a quote by Warren Buufet. "be greedy when others a fearfull" another word "top up when its low"

[mcdosh] 15/3/2011 16:22

The over-reacting sell-off has been lunacy here as much as my other shares. What a world these days, and scientists really do think they found Atlantis... on top of the quake and nuke stuff... you just could not make all this up.

Reality check, this is a bargain. Bring on the Gold..

[ntd303] 15/3/2011 16:06

Lol - why 16p?

Please, do tell...

[golden axe] 15/3/2011 15:59

will buy back at 16p

[pixi] 15/3/2011 14:38

Happy to hold.

[captj] 15/3/2011 14:21

Bankers got spaqnked for greed based financial duplicity. Can't see any difference here with MM's deliberately causeing panic selling for benefit of fat bonuses. Maybe time someone clipped their wings also as can't see any other reason for last few days other than using other peoples misery to cause artificail panic for their own benefit. IMHO. Wish I could afford to top mup loads at this level.

[mike routhorn] 15/3/2011 13:56

It wouldn't surprise me if SOLG have some more news to release but have decided to save it for now. What would be the point at the moment when everyone and his dog is looking to get out of the markets altogether?

[ntd303] 15/3/2011 11:19

Did you ever play Streetfighter?