Solgold Share Discussion Threads

[mknight] 17/8/2020 16:36

Think you might be wrong lowtrawler .🐕👞

[lowtrawler] 17/8/2020 16:29

It ticked up into the close but on very poor volume. Nothing to see here.

[mknight] 17/8/2020 16:21

Interesting . Very interesting .

[plentymorefish] 17/8/2020 15:40

I think Sports Direct might have a pop......

[mknight] 17/8/2020 15:37

BHP mine .

[rougepierre] 17/8/2020 15:36

Probably due to Buffett buying 1.3% of Barrick Gold, having previously eschewed gold...

Barrick, my favourite candidate to buy SOLG...

[mknight] 17/8/2020 15:29

Hmm

Watching the close to see of any chance of news tomorrow .

Could just be on the back of the Gold price just gone up to 1980 .

[rougepierre] 17/8/2020 13:58

This is ridiculous...

If you buy GPM you pay 71p...

If you buy GPSS you pay 19p plus 46p in November...equals 65p...

Where else can you get a 8.5% discount to buy shares in the market...while being able to apply the capital elsewhere for 3 months?

Arbitrage rules OK...

[mknight] 17/8/2020 13:51

We only have one geoligist on this BB .

NM thinks it will be better than Alpala if that helps .. just bought a few more at 26.05 as i think we might get back into the 30,s soon .

[lowtrawler] 17/8/2020 13:15

Looking through some of the early Alpala Rock saw samples and comparing them to Porvenir is quite interesting. From page 113 of the Alpala PEA, 4 rock-saw samples were highlighted with Au from 0.21 g/t to 1.16 g/t and Cu from 0.17% to 0.59%.

The early rock-saw sampling for Porvenir had Au from 0.28 g/t to 1.4 g/t and Cu from 0.14% to 2.3% (source:

I don't know whether these results are directly comparable, perhaps one of our geoligists could comment? If they are, it suggests that Porvenir could be a richer mineral resource than Alpala as well as being significantly larger. Happy to hear views?

[pob69] 17/8/2020 11:26

Article on Barrick/Buffet and tweeted by Solgold SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.

"...GIANT WITH DEPOSITS IN ECUADOR
SolGold is already a different caliber, as the company has explored around ten percent of the world's newly discovered gold in the past ten years. The market value of SolGold is CAD 836.6 million - with ample upside potential as the company has defined a copper-gold deposit in Ecuador since 2012 with 21.7 million ounces of gold, 9.9 million tonnes of copper and 92.2 million ounces of silver at the Alpala Project. A total of 13 projects have now been identified and SolGold intends to move forward rapidly with the exploration plan developed at Alpala to advance the other regional projects.

As the top dog, SolGold is also the only company in the world with a pipeline of opportunities with the same geology, regulatory, tax and social environment. Given that the company's market value is still less than CAD 1 billion and that there are numerous projects in the pipeline, the value of SolGold in a take-over would be significantly higher."

[disruptor1664] 17/8/2020 09:58

Surely Warren's recent move will start to turn others? Albeit it's more of a sector awareness and not SOLG specifically.Has to trickle down to us at some point.

[mam fach] 17/8/2020 08:55

No amount of presenting or exposure will help share price.
Credibility is the issue. No doubt at all as to assets we hold.
Take over? NM taking SOLG to production?
These are the issues holding price back.IMHO

[disruptor1664] 16/8/2020 14:43

It does say opening presentation, but that never stops you from getting a pitch in there.Certainly adding the exposure SOLG needs. Well played.

[goodgrief] 16/8/2020 14:02

At just 5 mins, that's an 'elevator pitch'...

[pob69] 16/8/2020 12:54

Registrations now open for Nick Mather presenting each morning of this 3 day conference SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.

[disruptor1664] 16/8/2020 00:01

As the subject has come up, Solgold sustainability / CSR practice:http://www.solgold.com.au/sustainability/Like you said; he probably has an agenda (or CGP shares).

[lefrene] 15/8/2020 22:35

I bet those hundreds of people who have been working for Solg for several years now, think mining is good for Ecuador. This would seem to be somebody with personal ambitions, and doesn't care who he uses up in the pursuit of those ambitions.

[disruptor1664] 15/8/2020 22:22

Was an interesting read. I understand his sentiments... However:I'm sure without precious metals and oil they will do just fine on gross exporting of bananas and fish.Economist / Fantasist (interchangeable)

[pob69] 15/8/2020 19:24

A lengthy anti-mining article by Alberto Acosta which references many of the explorers/miners in the country including SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador. I have noted auther is getting more coverage on the web - he is an economist, activist and former president of the Constituent Assembly of Ecuador (which in its few years agreed the consitution of the country so he is well known).

"...Mega-mining a bad business for Ecuador"

[arcadian] 15/8/2020 18:56

You could be right but NM does want to be his own boss, free to choose the way forward with partners of his choosing on his terms.

PS Maybe he just didn`t want to show any special favours to any major to leave the field open.

[dozyduck] 15/8/2020 17:52

I would have thought, whatever the terms (they can't be that much different) the advantage to NM of having a friendly Newcrest would outweigh any cost. After all, Newcrest wins or loses either way, via the deal,or via its equity stake in Solg

[arcadian] 15/8/2020 16:09

Maybe that was attempted and they offered less attractive terms unacceptable to NM hence the Franco deal, Newcrest withdrawing the director etc.

[mknight] 15/8/2020 12:57

DD makes sense , i suggeated that the other day .

[dozyduck] 15/8/2020 11:45

If I were Newcrest (who despite appearances I think would want to keep a stake) I would suggest to Nick cancelling the FNV deal and replace with one from Newcrest (a la Newcrest's streaming deal with Fruta del Norte) - otherwise will side with Cornerstone.