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Fort ….. as you well know, it’s coming …. Ignore the ignorant
You'll be fine, fort. The old 'lack-of-buyer' issue will afford you plenty of time to get your ducks in a row. No rush! You might well get to use your allowance from the year after, too, but no promises there.
There's enough interest/value perception in SOLG to see it back to the mid 20's based on gaining zero news. For the simple reason that SOLG is now in the opposite channel to what was driving the fall and poor sp in the lower teens.
Investors knew the PFS would be released in Q2 last year. What happened? The sp started to build momentum around Feb around 25p levels fast becoming 30p levels before the top off on news around 41p in second week of April.
Now after months of waiting for merger to complete and clearly held back by Blackrock exiting in heavy handed way over last 5 months, the stock looks set to build momentum toward what many expect to be a bullish news release on SR or even deal signed and BoD recommendations etc.
As I said a week or so ago, Ecuador Gov in dialogue with Chinese on Trade deal to be signed and it's that kind of red tape high level stuff that might mean SOLG have to 'sit on news' until time is right or they are allowed to reveal all. Lasso certainly needs some big news to reaffirm his promises of business growth to wider international community.
And finally... to the selfish reason for not having ay news for another week at least comes down to new ISA allowances which kick off from April 6th. Especially now the Tory's have reduced CGT allowances from 12k levels to 6k soon to be 3k and no doubt 0k come Labour.
So Nick... if you are listening... just sit on your hands for another week or two please!
Agreed Copperpot.
Jezzoo, the CGP circular stated the merger conversation started in May/ June last year. From memory we implied the SR was already ongoing in an announcement in September, so we don't know if we started it independently or it was by mutual agreement.
Momentum to share price at the moment...looks like news afoot to help price go firmly through 20p level. Lets wait and see if news next week
Copperpot crickey post recommended there
1981,lol not today make a fool of myself!!:)
Interesting Jezz
Whatever comes out in the JV will have been decided long ago. There’s no way the merger would have happened unless they’d already agreed a common path forward.
All we really know for certain is we ain’t taking this to production.
Was a very strong close yesterday, let’s hope the momentum continues….. it’ll only last so long without news
Wasn't the SR planned and started before the cornerstone agreement ?
I can't be bothered to look up the dates
Come on bubble, we know you spread your foolishness throughout the year. Just spin the wheel and give us one of your four rampy 'catchphrases', same as it ever was.
A new month, still no TO. This would pain the rampers if they had any shame/brain...
Morning 1981, as we know (and have known for years) there is no imminent sale. Why have a strategic review if a buyer was ready to hand over the readies? Peoples imaginations run riot here at times! Some posters get poisoned with other people's wishes.
Don't forget what day it is today everyone,don't believe everything!!:):)
"The City rumour mill reckons a takeover of the South American miner could emerge later this year – though this is the same mill that said it would happen in 2021 and 2022."
Is this a city rumour mill, or is it just Red constantly incorrectly spouting on about an imminent sale for the last few years?
Just reposting February article -
https://www.thisismoney.co.uk/money/investing/article-11713193/CITY-WHISPERS-Miner-SolGold-target-rich-seam-rumour.html
So you'll be selling Bubble , not trading. That's a whole different scenario I'm sure you can see.
Tbh I never trade a share I hold till I feel it's time to sell and move on so won't be looking at it until 60p upwards my target as many know has been £1.32 based on assets in the ground ,there's no need to be rude I never called you did i
Errrr…..if you thought it was going to 60p from here why the fcuk would you be trading it if you were already in at a decent average - you’ be sitting tight right…!
Who is thick here ? ..... er..... Bub**e2021.
Cov...Exactly.
Huh? If you thought it would get to 60p any sane person would trade it all the way up' surely. Who's thick here , is it me?
Kat depends on your agenda tbh I'll not trade it that low my target is much higher imho
That's so dumb, when you could be trading from 15p to 30p instead, Bubble 2012.
Ray you are going to be rewarded gl.
Kat,indeed competent trading ,I'll be trading at 60p upto £1.32 gl. Ki