Solgold Share Discussion Threads

[cpap man] 25/3/2019 07:44

KAV

Michael Foster, Chief Executive Officer of Kavango Resources, commented:

"We are extremely encouraged that the first hole encountered a 70 metre zone containing significant sulphide alteration together with indicative cobalt values of up to 0.9% and a weighted average of 0.2% cobalt as well as elevated copper, zinc, lead and nickel values*. The indicative metal values need to be confirmed by laboratory analysis but are suggestive of mineralisation at depth.

In the meantime, a second hole is now in progress and sited on a second conductive body (supported by surface soil geochemistry) situated 1.8km east of the first hole, within the Ditau intrusion. This hole is already advancing to plan and is benefitting from the new water well. We will continue to announce further drilling results from Ditau in a timely fashion."



Further information in respect of the Company and its business interests is provided on the Company's website at www.kavangoresources.com and on Twitter at #KAV.

[cpap man] 23/3/2019 11:20

KAV



jone0620 Mar '19 - 09:04 - 194 of 196

Skiboy, thanks for the updates. I, like most, are patiantly waiting for drill results. The spread remains high which is keeping the day trading heard away but that will likely change if the get some exceptional core samples

Skiboy1020 Mar '19 - 20:45 - 195 of 196

Hi jone06 - hopefully not too long to wait. Michael Foster said in a recent interview he was expecting results by month end. So maybe we'll see something before the end of next week.

jone0620 Mar '19 - 21:44 - 196 of 196

Pre drill resource stocks are always a punt. KAV are well funded for the year and with geophysics advancement since Tony Robinson's time team as they are then drill bit location becomes more accurate.

SOLG demonstrated this in Ecuador to great effect. A similar performance here would be very nice indeed.

[simon_carter] 22/3/2019 18:55

It was part of a wider market sell off so not overly concerned, just a risk off day

[mam fach] 22/3/2019 18:49

Quite happy with 40p.
It's breakthrough or breakout.
Depending on whether you are in Brexit or Jail.

[mknight] 22/3/2019 17:07

Mam

We closed at 40p i like many expected this was takeoff. But there is plenty of news to come when NM decides the time is right.

I would have signed for 40p last week .

[mam fach] 22/3/2019 16:29

Today been so disappointing. Can't believe holders are selling. We don't all see things same way. Perhaps taking profit before end of financial year. Who knows.If we close above 40p that will stand us in good areas for next week.

[firedriver] 22/3/2019 14:58

Either isn't it?

[sogoesit] 22/3/2019 14:43

You mean INactive firedrive. Yes

[mknight] 22/3/2019 14:18

Well Zeus you was right the 1 million
Stopped us in our tracks .

[firedriver] 22/3/2019 14:14

Dual listed stock, so will RNS only come while both exchanges are active?

[simon_carter] 22/3/2019 13:54

Despite not being the action we hoped for this morning, I'm happy to see good steady volume going through, just noticed the 300,000 @ 41.1

[mknight] 22/3/2019 12:22

I see we have been granted 1 rig to drill one of our regional sites. Most PROBABLY B+N .

We await confirmation as usual .

SeeLSE site and report.

[mad foetus] 22/3/2019 11:37

Well, it won't be long before we find out if it was Canadian buys yesterday that kicked it off

[nicksig] 22/3/2019 11:30

5070481 - unlikely to be careless, more likely to be intentional for whatever reason

[mknight] 22/3/2019 11:25

I think if there is something good going on it will get taken out.

When/If it does it may produce alot of buying .

[5070481] 22/3/2019 11:22

Very careless broker putting the full size on the ask. Will put a brake on the buying.

[zeusfurla] 22/3/2019 11:18

41.5p offer now for 950k and still there. Quietening down.

[dmitribollokov] 22/3/2019 11:07

Pretty bullish px action today, would be great to close week through 42p...

[pob69] 22/3/2019 10:51

Really interesting and worthwhile podcast by Willem Middelkoop (Founder Commodity Discovery Fund) partnered with Resource Insider. Worth noting what was certainly his largest position in 2018 (not sure about his current position) was $SOLG $SOLG.L SolGold #ecuador @discoveries

The Coming $10 Billion Discovery With Willem Middelkoop & Commodity Discovery Fund, by @Keecher

htTTps://soundcloud.com/resource-insider-podcast/episode-017-the-coming-10-billion-discovery-with-willem-middelkoop-commodity-discovery-fund

[mknight] 22/3/2019 10:45

Zeus thanks for that.

I suspect the 41.5 will move or be bought by 1.30 .

Can you advise us when it moves

Thanks

[lefrene] 22/3/2019 10:39

But it shouldn't be possible to 'game' a business of this market cap! Will we ever find out who it is that has been doing this? Good to see the morning mark down recovering.

[zeusfurla] 22/3/2019 10:18

The catalyst for the share price rise yesterday in my view was the removal of the blockers of 100k on the offer and then a trickle of buyers turned into a lerger volume as those watching the market saw what was happening. By 330/4pm the MM's had very few shares left. The price opened down this morning as MM's desperately want your shares and they dropped the share price on low volume. I am certainly holding for now - this has further to go this month in my view. The MM's still have very few left to sell at the moment - on L2 the MM's want to buy twice as many as they are selling at this very moment. What I don't know is why were the blockers removed? They have been sitting on the offer for months. I am sure they moved for a reason and don't know what it is, but it is good news - it may be related to CGP or other news to come. In any event, whoever has been sitting on the share price for the last few months eased off yesterday lunchtime. What is also interesting this morning is that another 1m shares have appeared at 41.5p on the offer - this is approx where the share price finished last night. Someone still doesn't want the share price to rise - there are shenanigans going on behind the scenes - this is good for shareholders!