Solgold Share Discussion Threads

[mknight] 03/9/2019 16:51

Yes nearing 1550 .

1560 is 20 per cent above PEA and there maybe alot more to come .

My 20 percent for the week needs some news now .

Permits on Thursday should do the trick.

Fingers crossed .

[lefrene] 03/9/2019 15:32

Who would think gold was on a bit of a run? Nothing to see here.

[lefrene] 03/9/2019 12:49

Here's a very good reason for wanting to have access to a lot of gold. The scariest thing I have read for a while.

[ntbb] 03/9/2019 10:59

Thanks for that

[alwaysevolving] 03/9/2019 10:45

ntbb, if you change the xx to TT when copping a link it will then post as active on ADVFN. Cheers.

[ntbb] 03/9/2019 10:40

Would be interesting to see the next holding rns, looks like mm are filling some large orders,250k filled and price is holding firm, could see slow rise

[lefrene] 03/9/2019 10:25

Yes that much advertised shortage of copper seems to be on the slow train. If China is crimped from selling their goods so easily into the USA then they need to stimulate their own consumer consumption, more washing machines and electric power tools etc. With such a huge population demand could crank up swiftly. In the meantime gold seems firm above $1500 and the £ is slipping against the $, making Solg even better value in $ terms.

[ntbb] 03/9/2019 10:11

Copper price will be going up soon

hxxps://m.economictimes.com/markets/commodities/views/chinas-stimulus-measures-set-to-boost-cooper-price/articleshow/70950185.cms

[mam fach] 03/9/2019 10:08

As quick as i had hoped.

[lurker5] 03/9/2019 09:37

The 'scribblers get to their 'targets' by dividing the NPV by current shares in issue and applying a 'risk' factor (plucked out of the air and always much too small) to allow for future share dilution. Its a totally wrong and illogical method - never ever even approached in practice (not allowing for future growth in resources of course) - but allows them to ramp the shares they're trying to sell to their own clients.

[mam fach] 02/9/2019 17:31

One think is certain something is going on behind the scenes.

[mknight] 02/9/2019 16:31

Strange trading

Price 25.5 to 25.6

ATS going through at 25.9 25.85 25.7

Not seen that ever .


Might get some news this week .

[lefrene] 02/9/2019 16:02

So much time has passed without meaningful resource update that I presume an end game is being marshalled by NM? It's too big to be ignored, the government wants it developed, and two large companies have staked an outlier holding. Given all the positives of Cascabel I would want at least 3% of the metal value, very roughly 3% of £80 billion £2.4 billion? Perhaps this is why some scribblers have said 107p is their price target? That would just be for Cascabel,.

[alwaysevolving] 02/9/2019 15:46

Guess we were typing those posts at the same time ntbb!

[alwaysevolving] 02/9/2019 15:45

Wish someone would just put us out of our misery with a low ball offer for the lot. I’d be happy to move on but alas not at 25p. I would seriously consider 40p right now however and 50 would definitely do it for me. This is getting old now.

Unfortunately I feel the big boys will be happy to let this drag out though? So in leu of a bid, NM needs to deliver some news that will excite the market. Seems like a tall order at the moment?

[ntbb] 02/9/2019 15:43

Could do with a low ball bid by bhp or newcrest, 60p a share of go for it

[lefrene] 02/9/2019 15:32

It would seem that circa $100 billions worth of metal in cascabel alone, ignoring the other 70+ prospects, isn't enough to lift the value here just yet. I guess it has to have a guaranteed route to production first. There is an irony with gold that it gets dug out of the ground, refined into nice dull sheen bars, and gets buried again in vaults.

[alphapig] 02/9/2019 15:32

Just looking back in, seems like a very fluctuating share price today, gotta be some unpublished trades til after hours.

[ntbb] 02/9/2019 14:41

55k buy just gone through but it doesn't move the share price only A trades moves it, dont understand it

[mam fach] 02/9/2019 13:17

As all followers know news from last few RNS's has failed to lift share price. No reason it fell to 22p either. Only reason I can think of someone wanted to buy in? All we can do is wait & see. GLA

[lefrene] 02/9/2019 13:10

Our new finance man starts a week today, perhaps news will then be released to mark the start of a march to production?

[mam fach] 02/9/2019 13:06

Playing games with us.Don't give up yet.

[ntbb] 02/9/2019 12:37

Down on small volume, most of the gains gone