Solgold Share Discussion Threads

[mam fach] 27/4/2020 13:31

You are underestimating how high this can go in a very short time.
Long term holders confident these will go much higher.
GLA

[lowtrawler] 27/4/2020 13:23

Lefrene, if you want to concentrate on the gross value of metals in the ground, go right ahead. The NPV after extracting the metals is considerably less than USD 10bn and we need to generate GBP 3bn in financing to get there. Of course, we will benefit greatly if metal prices increase.We may get lucky and have more than one Alpala on our hands. If so, we are a multi bagger. However, for what is known at the current point in time, and excluding a takeover, the shares at full value and with no reduction for any risks are worth a maximum of 60p. After adjustment for risks, they could get to 45p.However, most risk assets are currently trading at a discount which is why I believe we will stall in the low 30's.Share prices don't necessarily reflect underlying value and so it is possible we will overshoot before coming back to earth. Also, the price may reflect the probability for a takeover. I believe this is the most likely scenario and we will be bid up above 60p were this to happen. For these reasons, I will be holding onto my shares at least until 45p and possibly longer.

[mknight] 27/4/2020 13:17

Ok 26.40 .

Not much on level 2

260k try to buy at 25.50

HE or she would be better off buying the At,s imho

At least they would know they get them . May have to pay 1p more if he bought them slowly .

[lowtrawler] 27/4/2020 13:00

For what?. I was explaining why people were selling, not why people are buying.

[lefrene] 27/4/2020 12:59

The likes of BHP and Newcrest won't be in profit, although they are a different category, but is Blackrock in profit. I think a minority of holders might be in profit, myself included, but this thing is worth a heck of a lot more than the current price. Where else are you going to find more than$500 billions worth of inflation proof metals for less than 1% of the gross?

[mknight] 27/4/2020 12:55

Lowtrawler

There wont be enough shares .

As DD said 90% of the shares are held and wont be sold .

Everyday that we drop the quantity of shares approx 10 million some institution is buying them up . Everyday it becomes more difficult to buy shares .

Once you have sold it is nearly imposible to get them back cheaper . All imho

[lowtrawler] 27/4/2020 12:53

There will be a lot of people taking profits. It's up 150% from lows and, even last year, it was only above 32p for a very short period. It will mean that the vast majority of investors are now in profit.

[mam fach] 27/4/2020 12:52

Better day trading shares out there @ the moment.

[ntbb] 27/4/2020 12:47

Lef, there are day traders

[lefrene] 27/4/2020 12:46

While there are sellers it won't surge. Why any one who owns this would want to sell now beats me.

[ntbb] 27/4/2020 12:40

No ramp but iv never seen a l2 good as this for ages and if I'm not mistaken we may close 31p today

[mknight] 27/4/2020 12:32

50k at 25.74 cant be far away from 26p

[ntbb] 27/4/2020 12:30

Very surprised we are not over 45p yet

[rougepierre] 27/4/2020 12:19

In the webinar, NM hinted at the possibility of future equity but seemed very clearly to lean towards Convertibles...

Given that all drilling and exploration is locked down right now, I presume he meant as a component of the first £150 million...

The recent Directors Options were at 60p...

[mam fach] 27/4/2020 12:06

Early days in the re-rating.
Still time to buy - don't get left behind.
Soon, very soon, i'll be saying hang on to your shares.
Well done all LTH's who kept the faith.

[mknight] 27/4/2020 11:14

Lowtrawler.

I will stick to my 40p by end of next week .

Should see 10m traded today .

[fsawatcher] 27/4/2020 11:11

bhp placin at 22p lookin good news innit

i rekon this gonna be crusty bun fight woith rio and bhp clubbin it out with large celery sticks

[fsawatcher] 27/4/2020 11:10

i don't like oil stocks right now

i fink they gonna do negative again on wti coz that wot gonna get saudy and ruskies cutting like it hay time

[fsawatcher] 27/4/2020 11:08

i also hearin nice noises about SLP and SHG

these two stocks gonna double fast

my picks for loads of money enfield style is shg, slp, solg and bmn

they gonna see me in new threads hendricks style

[lowtrawler] 27/4/2020 11:08

Unless you get lucky with a takeover / discovery, much more realistic for low 30's. Still a quick 20% though.

[fsawatcher] 27/4/2020 11:07

i hearin cb's with conversion price 60p

i checkon sauce thoughs as not trusted the red or the brown and could be bbq

sticky innit

someone buyin knows it gonna be a higher value deal coz based on nav not share price

so refrshing i could get dirty and shower again

zesty fruit bags all round

[mknight] 27/4/2020 11:00

26p to 40p or there abouts is still a nice 50% profit .

[greenelf] 27/4/2020 10:57

What a lovely day :)

[mknight] 27/4/2020 10:51

Yep

They dont have many days to buy phattrader1.

I would think rest of today Tuesday and Wednesday

Less than i thought at the weekend .