Solgold Share Discussion Threads

[fsawatcher] 05/3/2020 18:29

i thought the forum was for all posters pro and negative

i understand why as a holder you might be very cross with negative posters but really you can learn alot if you listen to all quarters of the debate

I will not post again until 13p arrives

ok?

See you next week then

[fsawatcher] 05/3/2020 15:52

if it was known a giant meteor was going to hit earth I think the US markets would still be trading up.

S&P needs to shed 300pts before it looks aligned properly to forecast earnings

just wait until earnings seasons out

so many profit warnings and downgrades coming that I think the bots will have a headache

markets cannot fight the daily headlines which are getting worse each day

Germany Saw corona cases nearly double today - they are up 180+ in one day

[waterloo01] 05/3/2020 15:05

Agree and edited. I was referring to potential buyers such as Newcrest et al

[mikalan] 05/3/2020 15:00

Gold producers will be producing prodigious amounts of cash, but SOLG is not yet a gold producer. It's all in the ground and worth billions when it comes out. But it's long term and we live in an impatient world.

[waterloo01] 05/3/2020 14:52

Except for gold miners EDIT Producers, who will be producing prodigious amounts of cash

[fsawatcher] 05/3/2020 14:50

a close below 16p today and that's 13p retest etched in stone

if markets in panic, this going down to single digits

9p or 8p could be new trading range

bhp wont have money to fund $5bln project coz their shareholders will just say no

big miners gonna need to conserve cash to keep divi going

[lefrene] 05/3/2020 14:46

Gold going up and this going down?

[fsawatcher] 05/3/2020 14:06

if dow lose 1500pts like it did last week wot price SOLG?

This gonna drift to 13's coz market aint seeing any bid interest

no buyer interest even at 16.5p says this going into 15p levels today or tomorra

[fsawatcher] 05/3/2020 13:15

so many other stocks out there now that can jump 50% to 100% easy on recovery

SOLG aint moving anywhere it like dead money

come back in 4 months time and it still be same here while other stocks be zoomin higher

lotta attractive bees to mate with nows and make honey

[shabadi] 05/3/2020 12:53

Sold out of this completely now, not worth the risk and there are other bargains about. Good luck all.

[lefrene] 05/3/2020 12:38

I see gold is trying to push back up through $1650, nothing to do with this dog then!

[shabadi] 05/3/2020 09:23

ok - the Feasibility Study is now Q1 2021, sneaky NM !!

[goodgrief] 05/3/2020 09:16

Reads well though...

[shabadi] 05/3/2020 09:03

Wondering how this justifies an RNS - where is the new news ?

[lowtrawler] 05/3/2020 08:29

Their presentation still anticipates the resource update this quarter, next 4 weeks! Conditional financing in place by end of 2nd quarter. If they achieve that, the price will fly.The whole presentation still reads like a sales brochure

[lunus1] 03/3/2020 19:30

Shab Thx, well there’s thunderstorms now so cash permitting they’ll be cracking on soon I should think.

[shabadi] 03/3/2020 19:08

Lunus1 - this was from the "H1 Interim"

Cascabel Project
"As a consequence of drought conditions and in consideration of impacts on local waterways and as well as a cash management measure, drilling operations remain curtailed since September."

[lefrene] 03/3/2020 16:15

It doesn't seem to be a news story, and sunny with showers there for the next 14 days according to 'timeanddate'

So gold just perked up somewhat and the cost of money came down a full 0.5%, not that you would know from looking at the Solg price.

[lunus1] 03/3/2020 15:49

I recently read that all activity had come to a halt since last November due to the severe drought in Ecuador, where they have had no rainfall for five months. Has anyone else heard this and if so is it still ongoing?

[loganair] 03/3/2020 12:47

Car industry are saying they expect 4mln EV's to be sold this year, 10mln EV's being sold in 2025 and maybe 25mln EV's being sold per year by 2030.

[tosh123] 03/3/2020 12:21

Shadabi,
" Do you honestly think that could happen here ? " Yes, very much so.

A strategic release of information is exactly what a board will do if given the chance.
Governments and businesses do it all the time.

[lefrene] 03/3/2020 10:30

Good luck, this has been a pot about to boil for circa 5 years now! But all the positives remain in place and indeed have improved in as far as the government is unequivocal about it's backing for mining. So some issues of which many of us were unaware have been resolved, there can't be much in the way now for whoever actually wants to open a mine at Cascabel.