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phattrader1, that last line was priceless! Never heard that one before. My wife gave me a strange look when I burst into laughter. I couldn't help thinking " dick for brains" instead of "marginal brains"
MarginalGains - the reason you will never be wealthy is because you look at every penny movement and are in the 90% that lose money. If you take a I get term macroeconomic view and apply some patience then you will be wealthy. Just saying.
But your name in itself shows you’re looking at every tick.
If you watch every tick, you’ll trade like a di....k
Not sure if anyone has seen this but Hannam have produced an update on Solgold. Target price is 109p. Havent read the whole thing yet - a couple of pages. Bit tied up with that massively overvalued company GGP!!!
To close - GGP is what SOLG should be....ergo..fast and furious at this stage, not lumbering in the doldrums. SOLG has everything GGP has and more, not only in minerals but in its prospects and plans. Yet at the end of the day it's how the BoD play their hand and this is where GGP excels. As I said before - we are ALL in this for ONE reason only.....money. We are all hoping to be that little bit better off than we were yesterday. Guess what, we are practicing that over at GGP and we are NOT, here. You have to ask the question ...WHY? Finally, Iceberg, I think you'll find that GGP is no longer a Tier 2 as you called it and won't go sour on its AIM PI's as you predict. Unless this is one big hoax of course.... Rich today(GGP) and rich next year or maybe the year after or the year after that ...ad infinitum (SOLG).
Hi the iceberg, I was thinking about holding RNS's myself yesterday. I couldn't make my mind up with any of my thoughts....lol. I don't know if companies do have to declare their holding percentages. If the said company bought or sold shares which made them cross a threshold then I think it probably is their duty to declare their new position % wise. If they have not bought or sold and the % changes are they legally bound to report the change of circumstance? I don't know the answer buddy, I was just mulling it over. It would be nice to get a few holding RNS's just to see how things are holding wise.
as I said last night, the trades from II are no where to be seen on the L2 book or anywhere else across the financial data globe!
You'd be better calling your broker at ii and asking them wtf data are they churning out and if incorrect can they deal with ot as it's misinformation which is a big no no for a FCA regulated business.
The DOW has been on a massive rip from 24000 to 27500. Utter madness if you ask me but that's what happens when you have interest rates at near zero or even negative combined with the Fed Reserve QE pumping cash into the bankers/financial systems pockets. Where's that cash going to go? Only one or two places being Gold and Equities.
So instead of the market looking like its taking a beating today... I see the opposite... it's just some natural profit taking after an unbelieveable run by the DOW.
Ironically... there is no real reason why the DOW can't hit 30k this year based on the above. It's detached from reality/covid issues and is now just acting like a fed reserve money washing machine. A marvel to look at and something eve the italian mafia would be in admiration of. When Gold spikes through 1800oz, then you'll see more of a market wobble in equities. I think that will happen if the DOW tests 29000 again. The hedge and risk safety of Gold means it will be in high demand when the QE begins to dry up.
I have friends in both companies so good luck to them ,am heavily invested here and wres and shg this morning ,then infra next month ,nice to have a decent portfolio spread with good long term outlooks and a wedge for my pension pot in a couple of years gla
Totally agree Addicknt…….have shares in both and done well. Similar to pharmas always squabbling they all can do well and have similar there. More money in every pi's pocket ( and back of sofa ) has to be a good thing!!
I would agree in principle with the debate of the value in the ground between GGC and SOLLG is exceptional, the big comparison is of course the MCAP,s of both Companys , at present, I agree that it would be prudent to have a holding in both Companies but at what entry level??? for myself I would be interested if I was a holder of GGC at around 3p and Solg well I am still buying at 21.5p level , which would leave plenty of potential upside for the investor, Thats where I see the investment level??, both have huge upside , but at the entry levels as stated .
GLA LTH Drilling results will get the Sp excited as we will see from the latest RNS over at GGC , We will have many of those over the next few weeks and months ahead good luck to both camps.
bringing it back to SOLG. Hopefully some interesting holding RNS's Today and Tomorrow. From memory the extra extra shares hit on the 12th, which is when we might get them. Bit surprised that Newcrest did a holdings yesterday when the percent will change again when more shares hit tomorrow. Iam personally looking forward to the Holdings from CGP that must by law be given.
Agree Addick. its not a competition both can prosper. But its interesting that you don't have folks on the GGP site trying to plug SOLG and equally you don't have SOLG folks going over to the GGP site trying to cause trouble...
I don't see this as some kind of competition between GGP and SOLG and fail to understand why people would be at each others throats over the issue. Both companies are hugely exciting and both have different attributes, which don't need re-stating. If you are interested in the sector, the only sensible approach is to have shareholdings in both companies.
ZZOOZZZOORR You havent answered my previous questions, but I'll do you the courtesy as this is an interesting look at how to present drill results. But do bear in mind this is the SOLG site. Also to start with, I don't predict anything re GGP. I am simply making statements from what I see. Shall we take the 59 (the best result so far re ) infill drill. HAD059 returned: ? 109m @ 6.3g/t Au and 0.71% Cu from 668m ? including 55.4m @ 11g/t Au and 0.79% Cu from 676.1m ? including 4m @ 78g/t Au and 1.2% Cu from 718m On face value it looks great ! (not half a billion MCAP great for a minority percent but great). However the real killer is the 4m @78g from 718m, this is inc in the 55.4m at 676m and inc in the 109m a 668m. so the 668m to 777m has an avg of 6.3g/t The rest is just stats, if you've got a 4m vein system which is very high grade it will push up the 55m and the 109m massively. The 4m vein could be 2m at 150g, we are simply not told. Normally this would be pretty good if at say 100m depth. But when you have to go down over half a km to try and trace a few metres of high grade vein which might vary massively in size and content its not great, far from it. If you look at the detail of the grades they arnt as good as Lundin for example. Nothing is bad, but my suggestion would be to keep your feet on the ground and really look at how a high grade intercept can manipulate results.