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yes hope so, would be a welcome relief for Christmas.
if we don't get bought the real value could come in production, a good few years away for that.
Sounds like a good plan you have.
ATB
Hi Earthling. all good with me and mine - hope your well too.
I bought at 3.5p, 4p, 8p, 14p - 20p - 30p and even £10k at 46p ! (although I prefer to forget that 46p buy) - Your right though I've backed my conviction on this investment - and hold a big heap of these.
However like a lot on here (I'd assume) I am underwater now - so looking forward to a turn in fortunes. I'd also like to unload a few on any decent rise - been few and far between opportunities for that over the last 8-9mths
I'm confident this will come good - I'm confident on a significant return here - what I'm not so confident on is timescale !
Gotta be news soon would one think - as cash is low - santa rally I hope :o)
DG
Hi DG,
You certainly back your conviction with cash, as I know you bought in the 20's, 30's and 40's on the way up.
Interesting times for sure and the sheer size of this discovery makes me think it will get developed one way or another.
Although Barrick would be a perfect fit, I don't personally think the tweet meant much tbh, re a message to anyone in particular, hope I'm wrong though, more that copper is going to be in demand and that majors are looking for it.
I also agree about NCM having watched their presentation re 5 tier 1's.
Its a mystery to me why we haven't raised funds for ongoing work by now? Guess we will have to find out very soon before the money runs out.
BHP seem keen, I personally would like to see a third party like Barrick taking a slice on a fund raise at around 25-30p, although I recall NM mentioned recently that BHP would no doubt be interested in a bigger stake.
I for one won't be selling any at this price, somewhat over exposed here again so I'm not buying more yet, I did got a load at 20p though
Hope all is well with you and family
Tricky challenging times indeed here. NM cant be that bothered about the SP or else he would up the PR (one would have thought) - he's also one to 'stay cashed up' this hasn't been the case right now, so I personally can only assume/hope he has something up his sleeve.
Solgold 'Tweeted' about Barricks interest in buying a Copper explorer today - my personal opinion is we would be a perfect fit for Barrick - read the article they are not worried about jurisdiction and are looking at South America, if they want to challenge the big Copper boys then Solg could be a stepping stone for them to mount a challenge, not to mention the piles of gold we have.
So is the tweet a message from Solg, to hang on in there ? personally I doubt it - we are beyond the period of Solg caring too much about us PI's, this is a big boys game now - but hang on ….why tweet then - a message to BHP, Newcrest, the Chinese !, I doubt it again as these big players have their finger on the pulse and hardly need a tweet to inform them that their are indeed deep pocketed suitors out there.....so again, why the tweet ?
All in all the Ecuador situation, CGP mess, lack of new licenses has done for us this year - compounded with Copper having a bad time. All is not lost though, Ecuador needs our dollars, CGP want to be sold, Licenses should be forthcoming (if the new Mining authority pull their finger out - get the concessions map sorted and start playing ball, Copper should also correct upwards but playing the commodities game is a challenge at the best of times - as most here are only to aware of)….so better times lay ahead.
I hate the news blackout - call it what you will - the rock chip samples - and RNS's releases that are regulatory compliant only ! but that's the way NM has chosen to play it - goes back to my first point, if he was that bothered about SP he does have circa 10,000 core samples per month he could report on from the last 9 mths of so !
Newcrest seem to have cooled a little on Solg - their annual report sited x 5 Tier 1's - but Newcrest are only a shareholder in Solg, they don't own us - so maybe they don't report in their annual report on all of their significant holdings, BHP we are lead to believe are still standing next to us shoulder to shoulder - so any monies we need shouldn't be that hard to procure, they may want in cheaper, but we do hold a streaming card now, which may force the price of any raise up (25p-30p anyone ?)
All in all - its been a ****e year for Solg SP wise - but who the hell knows whats going on behind the scenes
2020 is Solg's year (he says timidly - being wrong on the last couple of yrs !)- I only need to be right once though :o)
Bought another 32,653 Solg today
Good Luck guys and gals
Well am surprised as many of current share price, never in a million years I would have thought it would go this low but hey ho lots of news pending since October ,unsure why Anna has decided to leave but I wish her well .