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Wow!
Frankly this is becoming a joke...
3.6m volume and then 1.7 million after hours, even without the UT...
Red another grab after hours I see
Closed at 33.92 equivalent Bubble...
Yes agree HFM,Enjoy your day allotment then Sunday lunch for me them walk along prom and a few beers :):)
Morning Damers, quiet week = building a base, and you know whatvthey say... 'the bigger the base, the further on space!'
My PF is heavily weighted here ATM for 2 reasons, I saw this as a relatively safe haven compared to the test of the market, and secondly news pending and numerous good indicators technically... but in a few weeks when the S&P hits 3700, could be time to pivot again, so get on with it SOLG! Happy Sunday all, gym and a good Sunday lunch for me. C
Damers morning yes indeed this is a monster in many terms ,this month appears to be the start if not the only bid coming BHP I think but as has been mentioned in the past there's others lurking in the wind thinking can we let this go to bhp on the cheap ,steady updates on drills and offers should really light the torch paper here imho ,the markets are indeed jittery and safehaven options should be considered like you say ,my portfolio is full ATM with these with the exception of a risk reward on two can only hope that at some point all this turmoil on the markets will ease
Nice one Gino
Morning C.
I take it ‘muppets’ was the misspelt auto text – should be ‘legends’?!
Please bare in mind popcorn only has a 3 month shelf life so it would be an awful waste if SOLG drag their heals any longer than that – mid September sounds about right to seal deal 4 me, with 1st bid landing in June / July once Ayten Saridas has settled in.
As I am sure many others do on this BB, I question / review my investments every day. I have about 30 stocks on my watch list (from all different sectors) and time & time again Solgold seems not only the safest haven, but the stock most likely to bear fruit in the short term IMO.
At the moment the market seems to agree. Although we have a quiet week last week, numerous of stocks have been absolutely hammered.
So what do we have to look forward to if no bid lands for SOLG in the next couple of months:
1. Porvenir MRE-2: If they pull a rabbit out of a hat with a greatly increased mineral resource (as they did with Tandy) it should give us a nice boost.
2. A JV or buy-out of Cascabel – lots of permutations here as we have discussed.
3. A positive drilling update from the Moran target @ Cascabel.
4. We have all the JV possibilities for other concessions around Ecuador.
5. Some left field news which we had not thought of (the most likely scenario!).
Something has to give – the beast is too big and has progressed to far.
The appointment of Cuzzubbo & Saridas has been calculated & consented by BHP.
The futures bright.
Shipright - Already have them (well it's a Yamaha Virago 1100)
Padmaster - True story. At the end of last century, I was offered the opportunity to partake in an online 'Russian Brides' business. Online businesses of any sort were nowhere near as prolific as now, and an English lawyer was acting on behalf of the female Russian who 'owned' the business to seek 8 investors to put up £12500 each. She was sourcing the potential brides, all early 20s and many of whom were quite pretty and the business was aimed at the US market. A little research discovered an amazing demand from middle aged Americans, who would take a short holiday in Russia on a 'try before you buy'basis. Selling the holidays was, of course, where the money was to be made as well as taking a cut of any money the 'brides' made, marriage or not! Lol! Apart from the moral issues, the absolute no-no was the Russian Lady's assurance that the Russian Mafia had given consent (this was necessary for all businesses at that time and possibly still is ) and their fees had been agreed. I may have briefly entertained the idea of being a pimp for bragging rights down the pub on a Friday night, but swimming with the fishes isn't my cup of tea/pint of real ale!
Fourteen trading days for the 'offer' to come in if those watching decide to get off the pot! GLA
It wouldn't surprise me tbh BBG /Novice,deramper
You haven't answered my question buddy following your 23.15 post yesterday. Why are you still invested then ?
If I had your view I certainly would not be and the fact that you admit to making and losing "mega dollars" you're clearly optimistic overall with the 50/50 chance of success here ? interested to know your thoughts...
Nuffy
Re Muppets...Am the Cookie monster lol!!:)a few know me :):)cc
Buddy,
Like DK said, future concessions.
What makes me wonder is why are so many South Americans moving up to North America?
Living conditions and work spring to mind, no work no money no food.
There is a fine line between looking after where you live and mining, keep disruptions to a minimum and these people will benefit and their country.
Let’s hope sense prevails and all will benefit, including the wildlife and the forest.
I think you will find that was only relevant to future concessions and does not apply to Imbabura if my memory serves correct
GLA
DK
Which begs one question buddy why the hell are you invested here lolzzz ? Harmless idiot comes to mind ; o ))
Gotta love auto txt... ( and red wine ) you get my drift re: below C
You're right guys, this could turn out to be a none event this summer and we may have to wait patiently a while longer, however the biggest leading indicator for me is the continual after hours big buys, someone with far deeper pockets than any of us is continually buying and I bet they've now far more than any of us muppets ;-) C
I don't think they would be doing all these presentations and an EGM end of month to tell people about the missing 4 million would you novice?,don't listen to him he talks rubbish use your filter button
Yep afraid to say I agree wholeheartedly with buddy this could collapse like a lead balloon with any sniff of negative news like for example if 4.6 million had been misappropriated but hey let’s deal with that if it ever occurs!!!
So buying a Harley and leather chaps Gino?
Multibagger from here safe haven asset /resources proven up and getting bigger mining friendly Ecuadorian government ,hundreds of jobs ,supporting all communities ,building infrastructure , agriculture focussed and let's not forget Solomon Islands still on the books
I thought Lelo had abandoned plans to float on the Stock Exchange?
Sounds good to me Gino ( but steer clear of those Russian brides dating sites)
Pad - In the event of a takeover bid, agreed by all concerned and heading towards completion, shareholders would always have the option to sell their SOLG shares in the market (admittedly at a small discount to the takeover price) so as to avoid the risk of a variance in the SP or even, in some circumstances, an abandonment of the takeover.
Personally, in such an event, unless the discount to takeover price was substantial, I would be mostly/totally sold out of SOLG and reinvested where I felt it would benefit me most, which because of my age, would probably include vain attempts to relive my youth! (Know what I mean, nudge, nudge!)