Solgold Share Discussion Threads

[rougepierre] 03/4/2020 11:45

My suspicion is the MMs are holding this down while the Directors Buys are complete...I suspect the 11 deals of c£5000 since 10.02 are all Directors' Buys...

Maybe their broker set a limit of 17.5, in which case they will have to move it up in steps until the order is fulfilled...

You can bet Nick wants to complete these below 20p...

After they're complete the share price may fall back until the RNS when they will spike up IMHO..

[mknight] 03/4/2020 11:42

Rouge Pierre.

The 17.27 should be showing imho same been happening to me all week . Normally they then put it up to 17.28 so you dont get your 50k .

[hickersp] 03/4/2020 11:42

Looks like a bit of an impasse ...... very few trades, good shake coming?

[lefrene] 03/4/2020 11:27

Will NM deliver on the 8th, or if having failed to do a deal on CGP, will the MRE3 get kicked a bit further down the road? One does so enjoy a good cliff hanger!

One thing I find extraordinary is that seems that CME at COMEX has apparently been caught with no gold in the store room despite claiming to have 8 million ounces available for physical deliver! Evidently they are flying in gold from London. So why hasn't the price of those in possession of actual real gold (as opposed to 'paper' gold) shot up?

Perhaps not particularly relevant to Solg as it's not yet a miner.

[rougepierre] 03/4/2020 11:27

Directors buying?

Steady stream of buys at 17.46...nine worth £4963 so far, i.e. £5000 inc charges...

Bid moving up to match...20 here we come...?

Although market size is 30,000 I can't get a firm quote above 35,000 shares...(17.43)...I think the MMs are holding this back because they can't get stock...

However I'm bid 16.66 for 100,000 and 17.27 for 50,000 despite the 'quote' of 17.20/17.46...

Ready for lift-off...?

[mknight] 03/4/2020 11:20

Mm.s playing a nice game today .

This is how it works ...

Take as much stock as you can at 17.46 and once you have a million or more .

Wack it up to 17.30...18.20

Win or win .

[mknight] 03/4/2020 11:09

Thanks ntbb

Should be some good buying Monday then..

[ntbb] 03/4/2020 11:08

Buy at 17.52 for 20,384 premium is paid

[ntbb] 03/4/2020 10:54

Mk tax year from 6 April to 5th april

[mknight] 03/4/2020 10:50

Ntbb. I thought that yesterday.

It will do what it has todo . Lets see how we are this time next month .

Good time to realese the Mre3 on Monday then.

[ntbb] 03/4/2020 10:49

Monday also new tax year so plenty of buyers will be looking to invest for isa etc

[ntbb] 03/4/2020 10:47

I'd be surprised if this dont hit 19/20p today

[jammytass] 03/4/2020 10:44

on the up/?

[ntbb] 03/4/2020 10:41

Even the chart is saying it's ready to breakout

[ntbb] 03/4/2020 10:39

Another one of 28,423 at full price 17.46

[mknight] 03/4/2020 10:39

Just put an order in at 17.20

Should have gone straight to the bid and you guessed it nothing ..
Price will now tick up

Corruption all the way

[ntbb] 03/4/2020 10:33

These are all buys but done in smaller blocks, they got to move this up

[hickersp] 03/4/2020 10:33

Surely this will be moved up any time soon .....

[hickersp] 03/4/2020 10:31

A lot of buys of 28,423 shares ..... odd

[ntbb] 03/4/2020 10:31

So many trades of 28,423 at 17.45999

[ntbb] 03/4/2020 10:20

Nice buys at 17.4599p

[lowtrawler] 03/4/2020 10:15

The price will potentially move higher much more quickly as the buys are continuing to outnumber the sells.

[mknight] 03/4/2020 10:07

The easiest way to increase shares is to put the price up to attract sellers . Lets see what happens .
Not sure i would wait until the last half an hour today to make my purchase .

[mknight] 03/4/2020 09:51

Lowtrawler.

It makes sense especially if you are right about the directors . It is really difficult to build up a million shares evenmore when people know news is coming .

[ntbb] 03/4/2020 09:48

Morning gents, this is going north, just hold tight, nick knows what his doing, bhp would of taken over by now if he didnt out the clause until September they cant increase holding