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.@SolGoldEc with its #Cascabel project, considered world class for its copper potential, projects a useful life of several decades and an investment of USD 4,880 million in 9 years. Their presence ratifies responsible mining as a key economic engine for the country.
Solgold been tweeting away
@JeremyNaylorTV speaks to @SolGold_plc CEO Darryl Cuzzubbo.
https://t.co/EfanXhQfnl
CD ' we have one plan, our plan is to develop, build and operate this thing.. if someone comes along we are open to it..'
Apologies if already posted.
Has the price been dropped because of filling a large order. Now the PFS has been released and all interested parties now know for definite what Alpala holds.
Just a rhought. Ned
a move up for all SOLG'ers today, after yesterdays carnage hope it keeps up ))
A wonderful day in the SOLGOLD neighbourhood !!! Too many people here think others actually give a tish over what they post LOlzzz XXX.
Zoros, I think RK1 means VWAP (Volume Weighted Average Price) and that he used Cobalt Share Price Definition (https://www.lawinsider.com/dictionary/cobalt-share-price).
well said Padmaster.
May I add..........
........which demonstrates a mine can be developed which will generate HUNDREDS OF millions in revenue and NET profit EVERY YEAR for decades.
nice to see the SP looking blue.
This Tier 1, rare asset is still here!
There is now a costed appraisal which demonstrates a mine can be developed which will generate millions in revenue and profit for decades.
If we want to progress ourselves, we can access funding.
However imho the more likely outcome will be a buyout by one of the many major mining companies who have already shown interest in Cascabel.
The only ones worried about the share price fluctuations are the traders - we’ve seen it before.
Sit back, relax and watch the show unfold and we will be handsomely rewarded.
GLA
"...I calculate VWAO at COBlast night as 36.5p...
35l would be nice and watch all those who panic sold pile back in...
If there is a raise it needs to go into solid hands so there is no idiotic after market..."
Can someone translate please?
Z
VWAP at last night...
Can someone (who Redknight has not filtered), please pass this message onto him:
"...WTF cares about your minute by minute, hour by hour transactions where each time you make a small fortune for you and your wife? It's like you want the general public to watch you write your daily financial diary.
Red - you talk absolute bowllox each and every post which no-one ticks up but you can't resist posting can you. Your wife must have the patience of a saint.
PS: If she is as busy as you investing - maybe she can speak for herself!
Give us a rest RK...."
Z
I calculate VWAO at COBlast night as 36.5p...
35l would be nice and watch all those who panic sold pile back in...
If there is a raise it needs to go into solid hands so there is no idiotic after market...
Meanwhile 31.22p to buy 50 000
Wow...they will now sell me 50,000 but at 30.9p...
Maybe the Equity raise is done and dusted...
If it's on a 10 day VWAP we're quids in...!
MMs dont know what to do...very defensive...I can only buy or sell 5,000 on an electronic trade...
They probably would like to close the book for the weekend...
Any decent buying and this could fly...
Guess the closing price.
32.25
So many people slamming the Board or saying it's a chute PFS...
The company's own figures say the pre tax NPV could be £9.7bn with an IRR of 30+%...
And even on assumptions of $3.60 copper and $1700 gold, the average EBITDA is $1.2billion putting SOLG RIGHT NOW on a Prospective P/E of 0.72...
If the Board has done such a bad job why didn't you sell at 40p...? Youd be 33% better off now...
Share investment is a matter of having a clear strategy and sticking to it...doing constant research...not listening to idiots...making measured judgements...and being prepared to sell when common sense tells you to and leaving enough firepower to average down if you want, to improve for the long term...
If you are influenced by one day or one hour you need to ask yourself are you a trader or an investor?
If you are a trader you set stop losses, which avoid the sort of losses weve seen in the last couple of days...
If you are an investor, you keep up to date have a measured long term focus and if you get a nice surprise all well and good...like waking up one morning and the SP is over 40p...twice...doubling four money and selling half...
Mg onlg worry now is...when the share price spikes on the first bid, do I sell half or run the lot...
Good luck to all and no implied criticism intended...
Bouncing back...
Please don't respond to the cretins (trolls) or at least change the subject matter...you'll note they appear on a change of thread and continue disrupting the board !
GLA
it should bounce from the trend line. 28-29p is likely to be a strong support
Good two way market now...
Can sell 100k or buy 50k (latter at 30p)...
Astonishing good value now mate...
Christ...who would have thought we'd be under 30p after the pfs... beggers belief..
"Good luck all and let’s hope for calmer waters and lest nonsense posts including myself."
Life is too short novice...
Bought 66,583 for MRS at 29.88 8.01 this am...
That's the spirit novice...you're a tonic...every day...