Good morning, yes i have been looking at SOLG for a while and will continue for a time still as im pretty well committed. Looks like a brilliant one to trade off for a bounce if it can be caught. Lets see where XTR goes today.
Just pondering the below comments and thinking about how many they've sold thus far... then it hit me. Surely their holding constitutes a significant or even substantial holding? If so, they're obliged to alert the market to any 1% changes to their holding... we haven't had any yet. So either their holding doesn't amount to 3% or more or they haven't sold any material amounts yet.
off topic ......... SOLG is awaiting assay results of hole 7 imminently . Like results of hole 5 which provided world class grades of copper hole 7 is aimed at the core . An iP survey is due to be performed in the not to distant future to give a more accurate model of the Alpha site said to contain 1 billion tons of copper / gold ore . The Cascabel project is made up of three sites with Alpha being central to the other two site which dwarf Alpha in size meaning Cascabel is potentially one of the biggest copper / gold areas found in recent times . Once hole 7 assay results are issued via RNS a build up of further news will certainly take SOLG passed recent highs of 16.7p . I've four tranches at around 8p hence can top slice one at 12p then look for further targets . I state 12p since 12.4p has been resistance in the past but if broken will become support . I've traded SOLG so many times over the last year taking 10% , 25% 50% ,100% as I follow the rise that like my first entrance at 3.8p it's time to hold for at least a 50% rise on my first tranche exit ......... PS ....... SOLG is my trading share , XTR is a hold , hold and more hold ....... MM's controlling this to much to trade now .
Really hope that we have the opportunity to get a. 20 opportunity here and I can get the buy I want in, like your in SOLG im in VIY with a pretty big slice of an expected rise and rise so not really in a hurry until I can get the best deal and the best time for me, and that never works out quite as I like but I will have more XTR even if to trade, I believe this can make cash in the short term if im strict and not over greedy. Greed is my big problem in AIM, outside AIM im better but inside for over a month I have wasted so many opportunities, but im learning. Incidently when do you see SOLG making its next move on. 13?
I can't see the MM's selling you any at 0.20p I felt lucky buying another million last Friday at 0.232p . Realising the MM's are using 0.2185p as the support after all they don't want anyone buying in cheaper than Yorkville . I feel they'd rather keep them for themselves than do that . Took me a couple months to top up 5 million just under the 0.23p owing to the MM's making you pay to build a position .
If on the other hand they drop the real time ask to 0.2p how many others including myself would be chasing them ...... lol ...... had the same problem with a lady named " MissGoLightly " over on the SOLG , bb at around the 3.8p / share mark . Everytime the SP dropped below 4p it was either hers or my buy ...... lol .... so funny the following day the SP shot up 80% on the environmental license . Awaiting news for assay results hole 7 over there with 4 big tranches at around 8p . Will be cash positive soon to grab more of these beauties before September . Sadly I feel there's more than me and you chasing cheap shares here .
Its dead strange but this really is the mms doing thier work and doing it really well, currently ranging between. 20 - 24 which is great if you want in, not great if you want out, but why would anyone want out.? Your aBsolutly right about the fact that JN would be unconcerned by the SP on a daily basis, I do not expect anything until September half year results due. I was going to try and call JN reference LOM but im just going to wait til September results time and really want to see a profit then. This investment needs time and after sept, thats if it is positive, to be forgotten until this time next year. For me a substancial entry point would be 20 and I will hopefully ready. Im expecting a very big week in VIY from tomorrow, that in time will partly come here.
Ooops ............ AGM not RNS high frenzy had come to an end ......... second time I've made the same mistake writing RNS instead of AGM . All the trading signs are there but so is the tight hold the MM's have on the SP . Selling out during the recent rally would have produce peanuts in profit on repurchase of the same amount of shares to get back in .
drif ......... we're thinking along the same lines ....... lol ...... the MM's will let Yorkville out above and under their 0.2185p buy in . Then to cap it off if a private investor wants to build a position he / she is expected to pay above 0.2185p . This has been going on since last December but the less shares Yorkville have the more the MM's will widen the spread . I'm happy with that since as was pointed out earlier an RNS with good news logged like sale of part of GOS holding , more reefs opened at Chepica , higher than expected pay down to Polar Star for the remaining 85% on the mine on a buy in policy . Would undoubtedly re-rate XTR hence when Jan Nelson said he's not concerned with day to day movement of the SP he is dead right . It's all related to YVA at present ....... :-)
Not sure about the idea of an RNS being logged with a 5 million buy would have thought more like 20 million buy would identify that much like the 17 million sell indicated RNS high frenzy had come to an end . Now that 17 million sell was probably Yorkville shares I wonder how many more they off loaded back to where we are now . All good stuff since the closer September comes the more Pi's will want a position here whether YVA still have some shares left or not .
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