Solgold Share Discussion Threads

[alwaysevolving] 01/7/2019 14:52

Well played McKnight.

[mknight] 01/7/2019 13:34

Bought back about 33 percent of my prevous holding today and will no doubt add as the share price rises or falls .

I believe the largest gold, silver and copper mine ever found should have a higher value now the CC is over .

[arcadian] 01/7/2019 13:31

What about the fact that 25m oz of gold are worth about $35 billion. That`s the gap that needs filling.

[dmitribollokov] 01/7/2019 10:36

Yep - the one at 29 McK. The one at 21.5 is still a bit odd. Hope that doesn't get filled!

[1garythomas] 01/7/2019 09:44

Well its not far off now, sells at 30.55.9 months of drilling results and no news, didnt he say that they had built a lab near by, to get results quicker, this NM is a complete, fat, horrible, greedy guy, never see his 60p options.lol

[alwaysevolving] 01/7/2019 09:26

Mknight, the most recent gap to which I believe Dimitri refers would be closed at 29p.

[1garythomas] 01/7/2019 08:59

About 20p the gap, and its heading there, no direction no leadership, a ship without a captain, with no news this was always going to draft lower, most people would be happy with a 40p takeover price now, no drilling results since october, why doesnt he get these out, get the market excited, but no, NM needs to step down and NOW.

[mknight] 01/7/2019 08:24

What price is the gap Dmitri ?

[dmitribollokov] 01/7/2019 08:14

Looks like it wants to fill the gap here.

[dmitribollokov] 28/6/2019 19:40

Wow, sage words from an illiterate...

[mikalan] 28/6/2019 15:58

No immanent news due plus loss of confidence.

[onedayrodders] 28/6/2019 15:46

Isn't the case closed now with no recourse ? Why the continued weakness

[mknight] 28/6/2019 10:00

Gary i see you missed the gold out

Forcast 1300 current 1415

Come back with the correct numbers or better dont come back .

[1garythomas] 28/6/2019 09:20

You are having a laugh 2.5 billion, firstly them prices are incorrect, solgold have based them on 3.30 for copper, when the correct price is 2.60, which brings the correct value at todays prices at 2.8 billion, then you need to deduct 15%, as solgold dont own 100%,so now the correct price is 2.5 million at todays prices, when you purchase any think including a take over it would be at todays prices, not prices that copper might hit in 10 years, when you sell your house you sell it at market price not what it could be in 10-20 years time, this could be taken over, but no one will pay more than 1 billion, think an offer of 50p would be fare.

[pob69] 27/6/2019 19:17

3 minute Spanish programme on "Imbabura: 500 direct jobs generated by the "Cascabel" mining project" #cascabel $SOLG $SOLG.L $CGP #ecuador.

"...Some residents refuse to continue in the area. Populations that were abandoned now have improved their living conditions, although there are some who are not in favor of the project."

[pob69] 27/6/2019 18:39

For anyone who speaks Spanish here is the actual judgement which may be of interest. Can you review to see how valid/strong the comments made since by Solgold are #cascabel $SOLG $SOLG.L #ecuador.

[lefrene] 27/6/2019 15:40

Just sit and wait as metal prices improve against fiat currencies. I take the view that Cascabel is too big to ignore and in due course it will either get funded to production or get taken out. With the PEA and NM stating a current value of $4.1 to $4.8 billion for Alpalla alone, then it feels like he has hoisted an 'available for sale' sign over it. So perhaps now would be a good time for a cheeky $2.5 billion offer while confidence in Ecuador is low.

That court case seems to have given the government an opportunity to remove mining from the local level and decidely move it to central government control. That at least is a good outcome from the affair. Now perhaps some alacrity with issuing drilling licenses might help people feel that the government is getting with the programme.

[mikalan] 27/6/2019 14:57

Despite the CC result, confidence has taken a knock.

I'm not sure what that substantial news would be, apart from takeover. Drill permits would be good as well, but takeover is the biggy and NM has said he wants to take this all the way to production which brings into question how that would be financed.

Think this has become more of a long-term hold.

[mam fach] 27/6/2019 10:47

Topped up few times @ 26p.
Don't really want to top up again.
Much rather see price start climbing.

[dmitribollokov] 27/6/2019 10:07

100% always - it is unequivocal, the govt are saying that eucuador is open for business.

[alwaysevolving] 27/6/2019 09:12

Of note is the fact that this court case and the subsequent transferring of all future national mining related decisions to central government has all been wrapped up in what is essentially an extremely short time frame (as far as big court cases and government policy decisions in general go)

To me this speaks volumes about how serious the government are about the country being perceived to the large international players as a pro mining and reliable place to do business.