Solgold Share Discussion Threads

[lowtrawler] 22/5/2020 13:41

You don't think the big crash will have happened by then?

[mknight] 22/5/2020 13:31

Thanks ..i think yes ..

Lets catch up on this one in 1 month .

[lowtrawler] 22/5/2020 13:28

No. Heading to negative interest rates, huge defaults coming and government's / regulators will keep kicking them.

[mknight] 22/5/2020 13:24

Lowtrawler..off topic .

Is it time to buy banks ?

[lowtrawler] 22/5/2020 13:06

Maybe we should send it on to some of those namby pamby green eco friendly funds so that they'll invest in us. They must all be sucker's for a good story.

[mknight] 22/5/2020 13:02

I am crying 😃👍

[alwaysevolving] 22/5/2020 12:58

Yep, I must add, most poetic and uplifting post I have read in some time that Arcadian. Keep em coming!

[arcadian] 22/5/2020 12:38

Very kind - thank you.

[trev1223] 22/5/2020 12:18

Arcadian
I too was impressed by your writing abilities. Truly,a breath of fresh air.

[arcadian] 22/5/2020 11:16

Thank you for being gracious.

[lowtrawler] 22/5/2020 10:46

Gave you a thumbs up Arcadian. Loved the prose, we don't see enough romance in our stock market investments.

[husbod] 22/5/2020 10:41

Goodness. In these days of media driven mass depression it's life affirming to read such beautiful prose. Positivity rules except in the share price of course which hopefully will fall a little further so I can average down again.

[arcadian] 22/5/2020 10:13

LOw

I agree that it had a touch of romance and justifiably so as this is an epic drama
which at some point would be worthy of Clark Gable. It has scale and high stakes
and we are bit players awaiting the stars to arrive on set.

Much better than being an apparatchik or accountant wouldn`t you agree?

[pob69] 22/5/2020 09:52

Good to see activities commencing onsite at #cascabel Solgold SOLG $SOLG $SOLG.L $CGP #ecuador.

...Lidar survey commencing at Cascabel today-creating high quality digital terrain models as design work for site infrastructure begins in earnest.

[lowtrawler] 22/5/2020 09:51

You don't write for mills & boon by any chance do you?

[pparekh20] 22/5/2020 00:01

I came across this article earlier.https://www.mining.com/chart-mining-exploration-spending-to-drop-29-this-year/Given that Solgold is one of few with such a big pipeline, its ability to get decent funding deals and given the fact that much of the exploration is done by junior minors nowadays, I would imagine they would be seen as an increasingly attractive takeover target as we go through the year!Pazzy

[pmount] 21/5/2020 20:37

Take your profits before some one else does

[pob69] 21/5/2020 13:01

Some interesting material above so thanks Lowtrawler - nice to have the factual heavy lifting duties shared...

Here's something I didn't pick up which may peek interest...

Article (behind paywall) summarising Nick Mather's comments to Red Cloud earlier in the week much I covered above Solgold SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.

One item which had numbers which I didn't mention in response to JVs/farmouts on any of its other Ecuador projects;
"...JVs are an extremely good way of giving away value"

"...At a couple of billion dollars a throw, no, I'm not willing to farm it out to a larger company."

[lowtrawler] 21/5/2020 12:47

What has happened to make me more more positive regarding the future SOLG share price?

1. Alpala is fully funded to BFS and there is early visibility on funding to production.
2. The Ecuador government are actually joining press conferences in support of SOLG and have become the partner you would want.
3. We have visibility on the sites to be drilled and an understanding about how this will be financed.
4. The Board have come out of purdah and are actually talking to shareholders about their plans.
5. The extent of quantitative easing is going to generate a stock market crash and rush towards commodities / precious metals
6. FNV are an important new partner that will clearly assist in getting the other sites of the ground.

A few months ago, we worried about how Alpala and the other sites would be funded. We worried about whether the political situation was stable and we worried about the lack of news flow from the management team. The worries have all been addressed, there is a plan and we have clear sight of the plan. Time to get on board.

[lowtrawler] 21/5/2020 11:24

I've always said that I think a takeover is the most likely outcome for SOLG. However, you play the game you're in, not the game you wish you were in.

[goldrush] 21/5/2020 11:21

Lowtrawler

Given that the FNV deal won't be concluded for say up to 8 weeks....Newcrest, who publicly showed their disapproval of the deal, have time to make a move.....they can even buy out the FNV deal if it goes ahead. Newcrest themselves must make some moves as there have been reports that they too are in the firing line to be taken over.

The takeover of Guyana Goldfields shows what can happen in this space, where another bidder comes in and the terms of the previously negotiated merger had to be significantly increased.

Interesting times....and we must be near the top of the list for takeover candidates.

Happy to go on the basis that we are moving forward by ourselves.....But a big fish out there casting their line must be a strong possibility....

[rougepierre] 21/5/2020 11:12

I agree with you LT...and I can't see the Directors being able to buy in the foreseeable future...

still its not as if NM is shorty of a few shares...