Solgold Share Discussion Threads

[mknight] 08/7/2020 11:13

Thanks Macca

70p .. Cut it in half and its nearly double todays price .

[mam fach] 08/7/2020 11:11

We've been round and round the Mulberry bush too many times.
Can talk and speculate as much as we like (LSE been going bonkers)
But until we actually have more positive sign someone interested in T/O
share price going to hover around 19p-20p.
Not sure T/O will happen but sure share price will be much higher in future.
Keep the faith , keep buying.GLA

[nas_daq] 08/7/2020 11:11

Lol...they have already pumped loads in and the share price keeps on dropping so whoopee dooooo let them pump a lot more in and see you lose even more cash......win win....Mkrampynight........

[mknight] 08/7/2020 11:08

Hi Yuff

The loaned stock has to be replaced now that is going to be fun when it happens .Must be 25 to 30 million ..They are going to take a right kicking.

[maccamcd] 08/7/2020 11:08

Peel Hunt buy note:

Milestones from Q2 not priced into stock
We believe SOLG’s achievements in Q2 have not been given
due credit in the market with the distraction of Covid-19.
Improved M&I resources, met test results and the addition of a
third partner with the FNV offtake agreement have created a
stronger project and financial profile for SOLG in Q2. We see
SOLG’s momentum gaining as we near the Alapala PFS stage.
SOLG’s Q2 achievements more significant than market gives credit
SolGold made greater strides in progressing the Alpala project than in any other
quarter we can recall. In April, the MRE3 stated a 30% uplift to the M&I
resource for Alpala, while Phase 2 met test results detailed improved gold
recoveries and copper concentrate grades for the full 50+ year mine life. SOLG
then delivered a US$100-150m royalty agreement with Franco-Nevada in May
and by early June raised an additional ~US$40m in equity. SOLG also relaunched
an all-share offer for Cornerstone Capital on the last day of June.
Royalty agreement offers substantial financing flexibility through 2021
After the royalty agreement is finalised in Q3/Q4, we forecast SOLG to have a
significant cash buffer in place through all of 2021. The additional US$50m
royalty agreement option also allows SOLG further flexibility without having to
time any additional fundraise with volatile market sentiment, a big positive. With
the company fully funded for both the PFS and the FS for Alpala, attention can
be turned to realizing fuller value for the broader pipeline of projects.
Newcrest reassessing options on its stake is not unexpected
BHP now holds a slightly larger stake in SOLG than Newcrest, and FNV offers
good near- and long-term Alpala financing options. We believe it’s only logical
that Newcrest reassesses stake options at this point given the significantly
stronger financial position of SOLG in Q3 and as we approach PFS stage.
Benefits from Phase 2 met tests offset dilution, maintain 70p target price
While we estimate a 2-3p/share value dilution due to the increased share count
(US$40m fundraise) and the 1% NSR royalty, the met test results add back
4-5p/sh value accretion. Phase 2 met tests of higher gold recoveries and copper
concentrate grade of 26-30% are strong positives, but we still use a conservative
concentrate grade of 26.2% (up from 25%). With a minor increase in fair value
estimate, we maintain our share price target of 70p per share.

[yufff] 08/7/2020 10:58

Plenty filtered

ND filtered

MK my hero !!

[mknight] 08/7/2020 10:56

Nice 100k buy at over the ask ..

[mknight] 08/7/2020 10:53

Lefrene you are right . I have added today and will keep on adding .

This feels like 10p all over again .this time we should double to 40p without a bid . The drill bits have no doubt starting to turn and another tier 1 is ever closer .

[plentymorefish] 08/7/2020 10:49

I wanted to be friends with mknight.....even though he left a space in my moniker.....but I'll get over it....I have to.....

[mknight] 08/7/2020 10:49

Next stop for gold 2000 ..

Fed will be pumping more money into the economy as CV is not going away . How much will they pump in before a vacine is on the market ?

[nas_daq] 08/7/2020 10:46

Plenty console yourself with the fact mkrampynight is in at 26.8p from 6 weeks ago

[lefrene] 08/7/2020 10:46

We know that just one site on one of 72 properties has a future profit value of $58 billion over 30? years. The current market cap is less than 1% of the future value of that one site alone. The company believes it has so far found 13 properties of a similar value to Alpala amongst the 72 concessions, thus there could be more. This company would be a gift at $5 billion to any of the big miners and NM knows it.

[nas_daq] 08/7/2020 10:46

PlentyThey are die hard rampers they won't own their eyes whilst Rome is burning around them......They still think those imminent options are going to be in the money when they expire and get taken up ......

[plentymorefish] 08/7/2020 10:35

Gutted.......

[mknight] 08/7/2020 10:28

Plentymore fish filtered

[plentymorefish] 08/7/2020 10:25

Please give me another chance?.....

[arcadian] 08/7/2020 10:19

plenty you join a small but distinguished group and from this point on are filtered
on the grounds that your posts are unworthy.

[greenelf] 08/7/2020 10:14

Yes, apples and pears comparison.

[plentymorefish] 08/7/2020 09:57

This time it'll be different....good stuff.....

[lowtrawler] 08/7/2020 09:52

I believe there are too many big players already invested for SOLG to be taken out at those sorts of prices. An initial bid may come in at that sort of level but it will take a lot more to be successful.

[greenelf] 08/7/2020 09:51

Amerisur had nothing, zilch. This is an entirely different story...tier 1 gold and copper

[plentymorefish] 08/7/2020 09:49

Amerisur mark II.......it'll get taken out for 25-30p at some point later this year......you'll never see the mega bucks.....the big boys will reap them in years to come....

[greenelf] 08/7/2020 09:45

Spot gold now at $1800.

[lowtrawler] 08/7/2020 09:42

Although the price is drifting, I continue to believe there is a 90% chance we will see 40p in the next 6 months. This is based on 1 of 2 events taking place: A bid, or; Successful exploration results. I continue to be astonished the market does not reflect either possibility. It does present a great buying opportunity for anyone who shares my view.

[mknight] 08/7/2020 09:34

Gold hits 1800

Ans we have 23million oz in the ground and more to come once the drill results are in ...19p Lol

Gold now up 35% compared with PEA at 1300