Solgold Share Discussion Threads

[mknight] 25/3/2020 17:54

Another really good day .

Dont think we will see MRE3 tomorrow but there has been plenty of buying . Strange solg lse is so quite , Makes me think that alot are sat on the sidelines

If we keep going up they will have to jump back in sooner or later or miss the boat.

Please to say we are 50 % off the bottom and still
Over 300 % off the top .

[mknight] 25/3/2020 14:33

I think if MRE3 is out tomorrow we might hit 17/18 before we close .

[mknight] 25/3/2020 11:58

Lowtrawler

Lets see what happens when the US starts

[lowtrawler] 25/3/2020 11:57

The swings over the last 2 days on relatively modest volume suggest something is happening behind the scenes. We can play guess the reason bingo but we'll find out soon enough.

[ntbb] 25/3/2020 11:10

Gold over 1600 this company is one hell of a bargain,

[lefrene] 25/3/2020 10:58

That's the worry ntbb, because the assets are so colossal in the hundreds of $ billions that a buy should be $10 billion, for the whole thing or $3 billion for Alpala.

Lowtrawler, yup normal service will shortly be resumed.

[ntbb] 25/3/2020 10:53

Bhp paid 22p, 45p might as well pay 60p a share and buy out, I certainly wont say no

[lowtrawler] 25/3/2020 10:18

Don't worry, normal service will resume asap.

[lefrene] 25/3/2020 09:35

There appears to be something wrong with my screen, I think it's inverted.

[g2theary] 25/3/2020 09:05

Great long term buy at these prices... gold bull rally is only at the beginning IMO

[lefrene] 25/3/2020 08:49

Daft price reaction to that rns, Solg will probably be saving some money, and the desk based number crunching will continue unhindered.

[lowtrawler] 25/3/2020 08:12

Never mind herd immunity, stock markets have herd stupidity. They seem to think that a $2trn government intervention and Trump saying America will be back to work by Easter is going to stop the economic fallout from the virus. How soon before they wake up and smell the coffee?

[lefrene] 24/3/2020 18:07

With the wide spread between the spot price and the futures market, there would seem to be some rather worried persons keeping a close eye on the gold price just now. :¬)

[mknight] 24/3/2020 17:52

Oil prices for sure .so electricity as well .labour costs will probably go down as well with less jobs .

i will be keeping a close eye on the Gold price .

[lefrene] 24/3/2020 17:32

Yes confirmation of funding will hopefully light the blue touch paper. But of course we have abruptly entered a phase or even era, where cash will be in desperate short supply, thus creating leverage for those who have cash. But if gold takes off and copper soon follows (which historically it does), then Solg might finally get the money it needs. At least in hard times the prices of some equipment should fall, and perhaps other costs too, bringing down the overall cost of the project.

[mknight] 24/3/2020 17:11

Lefrene

Not sure gold is going to 1800 although
In many countries they will stop producing which will put even more pressure on the supply side .

MRe3 ..my own feelings is we will get it this Thursday or next but thats just a guess.

Anyway a good day for once , fingers crossed we will get confirmation of funding soon which will push us back up .

[rougepierre] 24/3/2020 17:01

£46,000 UT at 14.00

MMs got burned?

[lefrene] 24/3/2020 16:45

mknight, as it looks like gold is about to break out, then the longer they delay the MRE3 the better, we have waited so long, so what's another two weeks? The way this crash is shaping up gold could be past $1800 in a couple of weeks, and I notice even copper seems to have improved a bit.

[mknight] 24/3/2020 16:38

Ut 14p

Its a start 😀😃😀😃

[rougepierre] 24/3/2020 16:32

Closed over 14.....

[mknight] 24/3/2020 14:29

Lefrene

We may or may not get to gold prices of 3000 or 5000. But at the moment 1600 dollars per oz should be more than enough for Solgold to get funded which is the next step on our journey.

Maximum 2 weeks one day before we get Mre3

If the last Rns is to be believed .

[mknight] 24/3/2020 14:28

Lefrene

We may or may not get to gold prices of 3000 or 5000. But at the moment 1600 dollars per oz should be more than enough for Solgold to get funded which is the next step on our journey.

[lefrene] 24/3/2020 11:18

Solg has real assets, vast amounts of real assets, whilst the dollar looks like it is going to be trashed before very long. OK Solg has to get the assets out of the ground but $3000 to $5000 gold would soon see willing lenders. Have you looked at the disconnects in the gold market this morning?