Solgold Share Discussion Threads

[dozyduck] 13/4/2020 09:13

Don't get your logic mknight ! Alpala is already shut down ! - ie not in operation - lots of steps and uncertainty before it is. Not only that, but its mostly copper ! Gold needs to exceed $3,000 before its Alpala value equals copper.

[mknight] 13/4/2020 08:36

Gold touches 1700 and is just off that mark . Solgold is probably the safest bet in the market at the moment .Those Gold companies who are producing are soaring but with corona virus they can be shut down at any time and if that happens the stocks generally tank . So i am hoping for a 2p increase or just over 10 percent rise this week .

The friend is still the trend .

[alwaysevolving] 10/4/2020 14:15

Ntbb, if you change the xx for TT after you have posted your link then the link should work.

[ntbb] 10/4/2020 14:04

Another half a trillion money printing out,


hxxps://reut.rs/2xkmrdT

[loganair] 10/4/2020 11:22

Copper:

If you are looking for another exciting commodity to buy at the moment, then copper has a right to be on your list. The decline in the global manufacturing sector due to the Covid-19 spread has seen the demand and, subsequently, the price of the metal plunge in recent months.

At the beginning of 2020, copper was trading at $2.83 and has been on a downward spiral ever since. It currently trades just above the $2.1 mark.

Copper is a highly versatile commodity used for wiring, motors and construction. For that, we expect the metal’s demand and price to increase after the pandemic is over and countries start making up for the industrial damage done by the disease.

[lefrene] 10/4/2020 11:22

OK he's talking his own book, but a good listen for gold bugs.

[pob69] 10/4/2020 09:38

Informative 70 min video conference and Q&A focusing on the impact of COVID on the global mining sector from last night: Webinar with Eric Coffin, Joe Mazumdar and Brent Cook (no specific mention of Solgold $SOLG $SOLG.L $CGP #cascabel #ecuador but illustrative nevertheless, for any explorer, developer or producer, especially Mazumdar during his first section and them from 1:03 for copper, as the remainder is more macro and then specific to their own promotions.)

[ntbb] 09/4/2020 23:11

Heads up chartwise "buy"

[alwaysevolving] 09/4/2020 20:07

New #SOLG piece posted today:

[dozyduck] 09/4/2020 19:35

I didn't say its not worth anything ! I'm merely saying how the majors will be looking at it - differently from pi's on here. (And maybe differently to NM) (Oops and also, different from the NPV based 'values' bandied around by brokers)
The only things that would make a major pay over the odds are 1) convinced that Cu or Au will go much higher 2) need to plug forthcoming gaps in their own long-term production.

[markth126] 09/4/2020 19:30

We are also beating the coronavirus trend at the minute looking at the chart - back to where we were beforeHand so just think where we would be in oldMoney before the general fall!

[markth126] 09/4/2020 19:28

I agree but why aren't people lining up throwing offers at us? I think they'll come but wish they would hurry up ! Been here for years now

[arcadian] 09/4/2020 18:52

Dozy

Fortunately the values envisaged are so big that whether it`s us or someone else is irrelevant in that it doesn`t undermine the intrinsic value at Alpala and then you have the rest of Solgold which would be worth quite a lot on top of the PEA.
This is tier 1 stuff on a grand scale and the mining world knows it.

[ntbb] 09/4/2020 17:52

Chart looking fantastic

[mknight] 09/4/2020 17:17

So your saying it costs 150m dozyduck ?

The pea was estimate was around 4 billion even if we are talking only 25 percent of its worth you still get 2.5 times our current price . Just for apala .

As i said early we are going to 30p by the end of may if not earlier imho .

[dozyduck] 09/4/2020 17:14

mnight. Whether its 0.5% or whatever, the PEA value is the value (no more no less) to Solg (only Solg) of keeping and building Alpala and extracting the metal - spread over nearly 60 years ! The value to anyone else will be the same - but less whatever they pay Solg to buy it. So its objective 'value out in the market' is actually a lot less than even the PEA - unfortunately !
As for the eye-watering cost of a BFS - you have only to look at the full text of a typical one - much more detailed than even the Alpala PEA which (if I remember) is north of 200 pages.

[jammytass] 09/4/2020 16:55

20p tuesday ?

[mknight] 09/4/2020 16:49

Any shorters out there that didnt close have a good weekend and dont think too much about the chance of an Rns Tuesday am which could cost you a fortune .

[ntbb] 09/4/2020 16:41

That is a good.close and looks to me 19p is cleared first thing Tuesday morning

[mknight] 09/4/2020 16:36

Ntbb

Theres your 19p

And we close the week knowing mm,s are short of stock .

[rougepierre] 09/4/2020 16:25

18.21/19.06 in 200k...

[ntbb] 09/4/2020 16:23

Whoever it is does not want this to rise over 19p

[mknight] 09/4/2020 16:23

Hope they get zero rougepierre.

[rougepierre] 09/4/2020 16:19

18.31/18.93 in 100k....

[mknight] 09/4/2020 16:08

Too late mr mm.s should have put the price up ...shame on you.