Solgold Share Discussion Threads

[shakester2] 19/5/2019 13:52

Yes, you end up being named on the company register instead of being pooled with your brokers total holding, which is why you sometimes you see brokers with large holdings on a company register - it's a pooled total holding. You can also see your holding on computershare which is essentially where all shares are registered

[carlsagan1] 19/5/2019 13:32

shakester, what a brilliant idea.
so if u have the share certs, they are not broker dependant? is that right?

[carlsagan1] 19/5/2019 13:30

jerry, iweb is from Halifax / Lloyds bank, and x-o from jarvis(who have more client shares than ii anyway) and around for 30 years, so both are secure choices...

Giving ii these unnecessary fees is a ripoff, when I dont trade for months on end im paying for what? they are inactivity charges disguised as a "trade credit" - which expires after 90 days if you dont use it.

[carlsagan1] 19/5/2019 13:27

alwaysevolving.

I have heard only good things from both x-o and iweb, but I will be likely going with x-o as I like the simple interface.

As for how do you go about transferring, its easy actually, whichever broker you end up choosing will have a Account transfer form. here is what x-o form looks like -

You dont have to sell anything, you just put ur account number from ii on the form and tick the box saying transfer "Cash AND shares".

Luckily for us, ii doesnt have any exit charges... Yet! so its free to do.

[jerryspaniel] 19/5/2019 13:26

I use HL and Barclays. Neither the cheapest but at least I don’t have to worry whether they will be here tomorrow.
Also when/if any of these platforms have trouble, while you may still get all your money back it’s possible that your account could be suspended for a long time. I realise lots of ifs and maybes as I am sure all platforms say they are squeaky clean.....

[alwaysevolving] 19/5/2019 13:07

ThankYou Kindly Shakester and Enigma.

[enigma2oo2] 19/5/2019 10:50

I got an e-mail from ii urging me to clock in as the password set up was being re-organised.

When I tried to log in the site was down- for maintenance, nearly 100 % brain dead!

I use Redmayne Bentley for the odd punt, they are far from cheap, but the phone gets answered in seconds, and they have never made a mistake in the decades I have used them, oh and they are very generous with credit too, £30k in my case.
I too trade " with certificate", it`s reassuring to have that piece of paper in my safe.

[shakester2] 19/5/2019 10:50

Oh to transfer all you have to do is fill out a form and they do the rest, no cost involved

[shakester2] 19/5/2019 10:49

I transferred my trading ISA from ii last year to JarvisIM, having run accounts with both. Had no issues with jarvis and have had an account in one form or another with them for 15-20years. Like the fact they pick the phone up straight away which I find reassuring. They also seem to be run conservatively/ no debt etc. And majority owned by one family.My worry wherever I trade is the next Beaufort securities in the next financial crisis. I have also recently converted part of my holdings to share certificates for the same reason. Jarvis did this with ease and also have a share certificate trading service via telephone, which you can deal instantly on.

[alwaysevolving] 19/5/2019 10:17

Carl, I was thinking the same as also with ii and looking to switch. Would be interested in anyone’s recommendations too.

Also how one goes about transferring ones portfolio to another broker without having to sell out and repurchase etc?

[carlsagan1] 18/5/2019 23:01

Interactive Investor have decided to up there fees again I see...

If anybody can recommend a cheaper broker let me know.

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii

I trade long term so dont want trading credits accumulating only to expire after 90 days.

[cpap man] 18/5/2019 19:20

KAV



Some nice words in the morning note from the highly respected mining analyst John Meyer at share price Angel ref: LSE:KAV / www.kavangoresources.com /Tw*tt*r = #KAV



Kavango Resources (KAV LN) 3.6p, Mkt Cap £5.7m – Laws of probability to be rewritten after Kavango strikes mineralisation in first and second drill holes under Karoo sand in Botswana

Kavango, which is exploring for a large-scale bushveld igneous-type mineralisation reports results from a second drill hole in Botswana.

The team which are highly experienced in the geology of the region have used geophysical data and remote sensing to establish drilling locations.

Remarkably, the first drill hole hit mineralisation under the sandy Karoo sediments
Even more remarkably the second drill hole is reported to have also hit mineralisation including copper in chalcopyrite with a 1.5% XRF gun reading. X-Ray Frequency gun readings are not considered to be reliable due to their potential for miss-reporting but we do place some value on the readings when in the honorable hands of Messrs. Foster and Moles.

The first drill hole hit a 200m zone of intensely altered rock with indicative cobalt values of up to 0.9%, averaging 0.2% cobalt and >70m of elevated copper, zinc, lead and nickel values.

Conclusion: Kavango is worth watching and we await results from drill core assays. While we never doubted the skill of the geological team we are surprised and impressed to see two sets of mineralised results in so short a time frame. Well done team!

[dmitribollokov] 17/5/2019 12:25

yup, really looked like it was leading into something.

[mknight] 16/5/2019 21:24

Should have spaced them out every 3 days .

SillyBilly

[dmitribollokov] 16/5/2019 17:40

Great, the nutters have arrived.

Bit disappointing given all the RNSs last week, thought we’d have something yhis week.

[shakester2] 16/5/2019 16:52

Excellent. I assume you will be heading elsewhere then and leaving us in peace?

[1garythomas] 16/5/2019 16:50

Expecting to see 45p after PEA, will sell again as expect the orice to drift back again, to the low 40s, think at the moment the share and has been all year, is a traders dream, but dobt see these 1 pound a share, head in the clouds prices, the only way you will see over 60p is if an offer is made, which i dobt think is going to happen.

[johncasey] 16/5/2019 13:49

NEWS OUT RE CADENCE MINERALS INVESTMENT IN MACARTHUR

VANCOUVER, British Columbia, May 16, 2019 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (MMS.V) (MMSDF) (the “Company”; or “MacarthurR21;) is pleased to announce, that further to the announcement of March 19, 2019, that a subsidiary of Glencore plc (“GlencoreR21;) has agreed to participate in the US$6 million secured Convertible Note (“Note”) on a private placement basis for US$2 million.

Glencore’s participation in this financing, strengthens the life-of-mine long-term strategic relationship between the parties in line with the previously announced binding Off-Take Agreement (“Agreement221;) with Glencore for sale of iron ore to be produced from the Lake Giles Iron Project (“Project̶1;) in the Yilgarn Region of Western Australia.

The proceeds from the Note will be targeted towards the completion of a 2019 compliant Bankable Feasibility Study (“BFS”) on Macarthur’s Moonshine Magnetite iron ore deposits in Western Australia.

Cameron McCall, Executive Chairman of Macarthur Minerals commented;

“Macarthur is delighted to have Glencore’s participation in the private placement. We believe the agreed terms are attractive to both parties and provide Macarthur with funding certainty with minimum dilution to Macarthur’s shareholders. Glencore’s US$2 million investment in the Company’s Note is in addition to the Company’s previous announcement of May 14, 2019 of Exception Capital’s participation in the Note

[mknight] 16/5/2019 13:24

Looks like a bounce coming .