Solgold Share Discussion Threads

[pob69] 24/8/2020 19:50

Formal rejection of offer SOLG $SOLG $SOLG.L $CGP #cascabel #ecuador.

Cornerstone ... is engaged in early-stage discussions with a number of potential counterparties. While it is impossible to predict whether any compelling proposals will emerge from these efforts and discussions, the Board believes that Cornerstone is potentially very attractive to other parties in addition to SolGold

Why only early-stage discussions? Hasn't this been an issue for 24 months or so?

[mknight] 24/8/2020 19:43

Lowtrawler that would be fantastic . I have sent an email to the company for confirmation they have indeed started at both Porvinir and Blanca .

If i get a reply will let you know .

[lowtrawler] 24/8/2020 19:39

We know from their announcement on 22 June:"Prior to the suspension of activities resulting from COVID-19, teams at Porvenir had begun mobilising drilling equipment to Target 15. With the restart of activities, teams are continuing preparations for the rapid commencement of drilling. Social, logistics and medical teams are on site at the project preparing the community and landowners for the recommencement of technical activities with planned drilling to start in early July. A helicopter will be contracted in early July to rapidly assist preparation for drilling, transporting drilling equipment and fuel to Target 15."The helicopter was used early July to survey Rio Amarillo and so the stated activity clearly has taken place. If they've been drilling for over a month, it is possible they have completed more than 1 hole and might be close to receiving lab results.

[mknight] 24/8/2020 18:13

Lowtrawler

La Hueca... should have some news soon

Would be good to know the situations in Blanca and porvenir . We still dont really know if/when they have started drilling . If they have not started then most will be disappointed you yourself are hoping we are a month in at porvenir if it turns out that we have not even started yet you will be rightly upset .

This imho is where NM fails to understand the P.Is , they dont mind if they were told with the La Hueca rns that due to the virus Blanca and Porvenir have been delayed for a few weeks but when nothing is said and they find out drilling has not even started they get angry and disappointed.

Lets hope both are well on the way .

[mknight] 24/8/2020 17:04

Most will be thinking nothing to come before the 9th of September . Lets hope they are wrong .

[yufff] 24/8/2020 16:55

Guys a huge RNS could drop at any time

I note today the National Investor is once again covering cgp and Solg

[lowtrawler] 24/8/2020 16:38

LF, in this case though I really do think they have several massive discoveries waiting to be drilled. Porvenir is where I desperately want to see results. Could come at any time and the dominoe effect might kick in.

[lefrene] 24/8/2020 16:23

That's the hook with these crock of gold at the end of a rainbow stocks.

[disruptor1664] 24/8/2020 16:13

Maybe NM has a plan and isn't concerned about the SP? Too optimistic? There are other opportunities that could be jumped on whilst sitting here going nowhere. But can't bring myself to leave...

[lowtrawler] 24/8/2020 16:08

You can tell from the price movement that the MMs attempted to generate interest by walking it up. That failed and so they are now trying to walk it down which is also failing to generate volume. Over the next 8 weeks we have exploration updates, FNV, CGP, BHP out of standstill, PFS. If these don't generate interest, what will?

[mknight] 24/8/2020 16:04

Blame NM not enough information .Silly billy .

[lowtrawler] 24/8/2020 16:01

I think few is the word. No volume, no excitement and yet we're about to enter an incredibly interesting phase of activity.

[lowtrawler] 24/8/2020 15:49

I have a vague recollection that they built 2 drilling platforms at Porvenir around 18 months ago. Can anyone confirm? If so, might get a double bubble with the first announcement.

[mknight] 24/8/2020 15:44

Looks like a few wont be around to see the results as we drip down to 26p on no volume .

[lowtrawler] 24/8/2020 15:41

If Porvenir is as rich as they make out, early drilling could be spectacular.

[mknight] 24/8/2020 15:41

Low .

Quite possible ,we should get some news this week on one or the other or maybe both .

Its important NM keeps the small investors interested .

[lowtrawler] 24/8/2020 15:39

I also think Porvenir is ominous for its silence. Pretty sure they must have started drilling there over a month ago. Overdue an announcement.

[mknight] 24/8/2020 15:27

Lefrene

La Hueca drill is getting near completion.

La Hueca 2 will be starting this week .

[lefrene] 24/8/2020 15:19

LT, it's August, there is unlikely to be much happening until the middle of September.

[mknight] 24/8/2020 15:00

Level 2 update.

26.50....33k v 26.85 42k

[mknight] 24/8/2020 14:55

Lowtrawler.

Not needed today as peeps are selling as soon as the buyers offer anything over 26.50 .. Thats how i see it today no blockers needed .if you want stock then just offer 26.60 /26.70 and you will get them .
26.95 has not really been tested .

[lowtrawler] 24/8/2020 14:48

Is everyone just waiting for the exploration updates before trading? I'd been expecting a build up of interest as we head into September. Instead, we're getting some of the lowest volumes I've seen.

[lowtrawler] 24/8/2020 14:43

Mk, can you see if the trading block is happening again? Amazingly low volume.