Solgold Share Discussion Threads

[mknight] 22/11/2019 10:40

Loganair

Yes its long term but not sure any of us
Are going to be around in 50 years let alone 100 .

The point i was trying to make is that it Would seem we are extemly undervalued at this early stage , even NM is saying we are in danger of being snapped up by one of the larger companies as the difference to where we should be and where we are is just too great .

[alwaysevolving] 22/11/2019 10:30

21p is proving a tough nut to crack it seems

[alwaysevolving] 22/11/2019 10:29

Mknight, I agree with you hence why I’m still invested however they do say that the markets can remain irrational longer that you can remain solvent! Over the years and in several companies I have found that statement rings true.

[loganair] 22/11/2019 10:12

I'm also still here.

As you say, most posts are garbage, posting where they think the share price will be by the end of the day or their latest by or sell rather then posting information for other private retail investors to come to their own conclusion on.

Even Solgold say ""SolGold's 100-year vision for the Ecuadorean mining industry," so it's a long term Investment over many years for the average private retail investor.

[mknight] 22/11/2019 09:50

Alwaysevolving and Pob69

Yes i read the lse bb and yes when they are not fighting there can be some interesting stuff on there .

What amazes me is that after MRE3 we are going to be able to pay back our loans in probably less than 3 years of production on a mine which is going to run 50 years or more probably with an estimated value of 75/85 billion dollars of Gold,silver and copper with a market cap of only 350 million .

The numbers must look extemly tempting to any major even at a few billion takeover price .

[pob69] 22/11/2019 08:45

My primary board is CEO in North America but I do read the LSE board (and other global BB related to Solgold/Cornerstone) though sadly there are more filtered posts than not there as it brings out/encourages the worst in people, recognising we all have our own "agendas".

[alwaysevolving] 22/11/2019 08:30

Mknight, not sure if you look in on the LSE board at all but it’s really busy over there. Lots of PIs still involved at least on that board. Plenty of garbage posts to wade through to find the Gems however. I don’t think Pob69 posts over there (although is sometimes cut and pasted) so this ADVFN board is always my first port of call.

[pob69] 22/11/2019 08:02

I like quiet boards - less need to filter...

[mknight] 22/11/2019 07:37

Alwaysevolving

Góod to hear from someone other than pob69 .

It tells a story that most P.investors have moved on . So what do we expect today ?

I Would expect us to move into the low 21p range . Sometimes a steady rise is better .

News getting close now which will help push us up imho

[alwaysevolving] 21/11/2019 17:38

Still here Mknight. Long and strong Mate! 🤟

[pob69] 21/11/2019 17:27

Comment from the new Minister for Non renewable resources #ecuador Solgold $SOLG $SOLG.L $CGP #cascabel

"...it is not possible that having resources we cannot change the lives of Ecuadorians. "The country's energy perspective is oriented towards mining and the best options to reach agreements with communities must be analyzed...."

[mknight] 21/11/2019 14:34

Trades going through at a slow pace . Looks like we might have a week or so before news breaks .. unless things quicken .

20.50 close

Not bad, going in the right direction .

Not many of us left here how. Maybe that was the plan .

[greenelf] 21/11/2019 12:47

It's beginning to look a lot like Christmas! Break out the tinsel soon I feel :)

[nicksig] 21/11/2019 12:32

Bought back yesterday after selling on the previous spike. Looking strong again today

[mknight] 21/11/2019 11:13

No reason why not .

NM will be looking to get the share price past 60p for those options .

Maybe agreement just needs signing before news.

[markth126] 21/11/2019 10:23

Well at £3500 a penny movement I'd like to see that!

[mknight] 21/11/2019 10:13

Now quickly to 30p before the annoucement 😉

[mknight] 21/11/2019 07:50

I think we will rise out of the trend before the JV which now seems odds on .

So over 20p today is my best guess .

[greenelf] 21/11/2019 07:43

Right, are we now going to break out of this downtrend, or will it require funding news?

[mknight] 20/11/2019 19:45

Yes pob69

The race is now on .who will be left behind.

Probably the reason the price is started to move up as the possibilities Solg will Jv are extremly high now.

Just a waiting game now to see what the deal is and how much the market will value it at .

[pob69] 20/11/2019 19:01

Could have positive implications for #ecuador Solgold $SOLG $SOLG.L $CGP as #cascabel is also in Imbabura

Chile's Codelco Set-to-get-a-slice-of-ecuadors-copper-riches

[mknight] 20/11/2019 15:18

Ok 20p plus close from me .

Always someone knows more than us.

19.78

Take that for now

[loganair] 20/11/2019 15:12

Seems Solgold are thinking long term......

Another line from the article....."SolGold’s 100-year vision for the Ecuadorean mining industry"

[loganair] 20/11/2019 15:05

Pages 20,21 & 22 of the above is the article on Solgold:

The final paragraph concludes with the following:

SolGold is a unique investment opportunity within the copper and gold sector. In addition to its Alpala project, SolGold is strategically exploring a pipeline of potential Tier 1 projects which provides investors an opportunity to see multiple re-ratings in an emerging mining jurisdiction, supported by a focused government. The strong outlook for copper with the added short-term benefits of gold rich deposits will see SolGold develop its ultimate vision to become a copper gold major in Ecuador.