Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Bozi,risk reward comes to mind
"Messing with the stock market is for mugs and chancers..."
With all due respect Zoros, if you listen to guidance then you're up against it before you've even started. A real bum steer if i ever saw one.
Just throw your rental income in the bank at anywhere between 0.1 and 0.5% pa. Happy days.
Zoros currently you are up 100% that's a lot more than some on here. You could say to friends and family, if you had bought government bonds, put it into a bank or building society savings account, you would not have made as much, even with compound interest. That's part is for you. However I don't know your other investments. But friends and family have a point. Unless you understand what you are doing people lose money in the markets, they are the ones that get angry and blame other people.
May I suggest and it's only a suggestion, that you have a balanced portfolio, and that you have a majority of dividend paying stocks, if you have the expertise to do this, and more speculative investments like Solgold form a small part of your portfolio at the time of purchase.
Believe it or not I wish everybody well on here. Just some of the things I hear are so far out, that I do wonder why they have invested in this share.
I really wish you all the best.
BNc - aye and there's the rub!
Buying at 14p and watching it rise to 40+ thinking more was to come, only to find it subside again....going long really means going long, year after year after.......
Luckily, I didn't invest the half mil. It was just an example.
I am, however, invested with a not inconsiderable sum and what seems like every week, someone in the family / friends continue to remind me that messing with the stock market is for mugs or chancers.......it would therefore be appropriate to atleast exit this stock with a mediocre profit, now....just to get them off my back! 40p would do it.
Have you got 2 x 20p by any chance Bn.c ;)
Z
understand ur frustration Z truly I do - but if someone invested £500k in 2013 they could have bought anywhere between 1p & 15p
at worst 15p buy they could have trebled their money to 45p & be worth £1.5m worst case
at best 1p they could have have made an absolute killing several times over if sold at 45p would be worth £22mil best case
there are also opportunities to trade in between of course - but as we've established not to the short side ;o] - (not that I think anyone here shorts SLOG ;o] )
atb
take care
bn.c
oh god....the scum's rising to the surface now....look what the dog brought home?
Z
Please God ..NM
Can we have 40p
Just for one day.. clean out the Trash.. Please,
LGA
DBW - lol!
Wrong again Zoros, you are convicted of Zoros disease ( not listening )
KM said production 2025 or before, we need to wait for the PFS, where timescales will be outlined.
A full block operation is 2028, but again this may change in the PFS as surface grade from Tandy may be included in the open cut at Alpala, where we have near surface resources.
No one has said 2028 to start production.
You are conflating with uninformed people on this forum misrepresenting what has been said.
Now I’m really looking forward to 40p
Otherncopper - how dare u question Quady!
Cookiecrew - you simpleton....r your green lines see thru?
4clg2 - why leave @ 50p? Thats a round number. If solg hits 40p before december i'll take it and run a mile. Why.....solg have fecked up nearly every timeline they have proposed over the last 8 fecking yrs i have been here. Ecuador is a dodgy jurisdiction. NOTHING has come out of solg, worthy of note this year. KM is suggesting 2028+ as the start of production.
If someone invested half a million quid since 2013 and got double that in 2028 it boils down to 30k a year profit ...tops ffs! I make more than that a year in my property rentals...AND have access to that fecking money each and every year!
This stock is waaaay past its sell by date and needs ditching.
Bring me anything over 40p and colour me gone.
Atleast i wont have to read bo ll ox like quades and bbg and cookiescrew ever again.
Rant over.
Z
It will one day
Thanks guys.
What ever the value here, I will be trading a big part of my holding . Buy and hold does not work for me with this share.
It was announced by Keith Marshall in last presentation. I watch them all. It's October 2021.
There will be a new presentation released as Liam Twigger used a different one to what is on solgolds web site, so i suspect a new one will be publish on the web site Imminently, maybe even tomorrow
Quady know better than Liam Twigger at today’s presentation
Zoros why don't you ask Wazza if he thinks 50p is good value for Solg? Assuming he says no, why are you so keen to sell out as soon as the SP hits that level?
Surely you can see there is much more value in Solg than that, I don't really understand why you're so desperate to sell out at that point.
PFS October 2021
the latest Presentation says ‘ PFS publication by end of 2021’
It’s slipped again..
Monte - October 2021.
[Note: be warned, solg have failed almost everytime to meet their own deadlines].
Z
Can someone tell me when this is due please.
There is no point in me looking through old rns' s because they change their mind every 5 mins. What's the latest date please?