Solgold Share Discussion Threads

[lurker5] 19/8/2019 19:08

Hannams note a bit short on vital detail. PEA shows LoM revenue split between gold and copper (at present prices) approx 20%/80% - so if gold strength continues and copper, as the other side of the world economy coin, declines it won't be as good for Cascabel's economics as might be thought. Not that, so far away, it is particularly germane now. But it might be affecting the majors' thinking. Also, to take Cascabel's NPV and relate it to SOLG as a whole is distinctly iffy, because doesn't take account of Cascabel's likely funding scenario which acc to NM will probably involve an earn-in by someone else which will dilute SOLG's interest. Its an example why institutions will never take any notice of such brokers' 'targets'.

[mknight] 19/8/2019 15:56

Just under 27p


Back to 40p would give me a 50 percent uplift on todays price .

[lefrene] 19/8/2019 12:21

There can't be many mining prospects out there with a three or four year pay back that then give you another 45yrs and 62 yrs of highly profitable operation. I notice Solg seem to be saying that the PFS can be brought forward to the first half of 2020, it's a pity they don't have a better record on walking the talk, holders could do with this company actually getting ahead of expectations for once.

[pob69] 19/8/2019 11:17

New note from Hannam (noting Solgold's newly announced Executive General Manager arrives via Hannamd next month) $SOLG $SOLG.L $CGP #cascabel #ecuador

"Increasing target price to 107p upon review of PEA & Annual Report"

[pob69] 19/8/2019 10:49

I am remote so not easy to review but here's today's Bloomberg interview with Newcrest Mining CEO Sandeep Biswas who "Says the Americas Are a 'Target Zone'"

Mentions block caving plus reference to Wafi, Red Chris and Haveron $GGP.L opportunities in particular but no mention of Solgold $SOLG $SOLG.L $CGP #cascabel. He mentions #ecuador once and does also state that he has a M&A preference for "asset-level deals".

[pob69] 18/8/2019 09:04

More simple and positive coverage for Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

Interview with Jason Ward = "..I am a person who considers himself an environmentalist and a miner"

[pob69] 18/8/2019 09:01

Some simple and positive coverage for Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador

The “Cascabel” mining project progresses steadily...

Twenty-three people obtained their certificates as participants of the water monitor course. The process is a milestone in project management, he (Jason Ward) said...

[alwaysevolving] 15/8/2019 22:11

Gary, that would be “their” as opposed to “there”. Being able to spell would add credibility to your postings.

Just wondering if you might be able to back up that statement with any kind of proof that today’s sale was BHP or was that just in your opinion?

Don’t worry too much about responding, I think we already know the answer.

[1garythomas] 15/8/2019 18:28

I think its BHP dumping there stock, get out while you can.

[mknight] 15/8/2019 15:28

Źzzzzzzzzzzzzzzzz

[1garythomas] 15/8/2019 15:10

Yea if you like, general election within 14 months, someone has just dumped 3.6 million shares, get out while you can.

[lefrene] 15/8/2019 13:58

You'd think that with 3% of just one site rated at a value of $4.1 to $4.8 billion, and at least another dozen sites (out of 70+) with similar unexploited values, that there might be a bit more optimism over the outlook for this business.
Eventually something will happen, somebody will want all that metal, there's still a lot of infrastructure catching up to do across Asia and India.

[shabadi] 15/8/2019 13:40

Gary, I actually did follow you into UJO - so thanks for that.

[mknight] 15/8/2019 13:37

Be delighted when we are at a pound and he like the rest of the derampers are long gone .

[lunus1] 15/8/2019 11:34

mknight some people are best ignored.

[mknight] 15/8/2019 11:17

Garry.... go and do one .

We dont care what you think .

[1garythomas] 15/8/2019 11:03

Last chabce for union jack oil up nearly 100 % in about 5 weeks, and alot further to go, sell up solgold and buy union jack if you want to make money, better returns in the building society than solgold.

[1garythomas] 15/8/2019 11:01

BHP There average is about 33p.

[1garythomas] 15/8/2019 11:00

They also paid 26p

[ntbb] 15/8/2019 09:22

Me too always, bhp happy paying 45p a share so current share price is a bloody bargain

[alwaysevolving] 15/8/2019 09:03

I’d welcome a low bid right now ntbb. At least it would cause some action and peak some interest!