The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
My thoughts were that this is maybe a way that one of the major shareholders could be hoovering up shares on the open market. I do feel some news is also due this week. Not sure it’ll be anything significant though. Towards the end of the month and early September I’m guessing is when we’ll hear something significant.
ATB
After only experiencing a few months of investing in stocks I'm a little confused how ive seen a few days where buys of this share have far outweighed sells yet our SP only increases slightly, and on occasions even decresed. I understand that the buys/sells isn't accurate on here but when buys outweigh sells by multiples surely it cant be that far wrong. Is there a reason for this?
As we have raised the subject again i'd just like to put it out there that i enjoy seeing all sides of the 'arguement' regarding production or buy out and i'm still firmly in the buy out camp. Shouldnt be long, I just hope we get fair value.
ATB Barry
Let’s hope so. This Solg story is full of twists and turns. Very interested to see what NM says regarding the CGP announcement. I believe NM has CGP by the short and curlies which is why they’re kicking and screaming.
ATB
Very much enjoyed reading what I could of the following interview. All seems very positive. Only negative I can see is where AT states SOLG “hope” DFS will be complete by end of 2021 and not by end Q2 stated by NM in a previous webinar and RNS releases.
https://www.bnamericas.com/en/interviews/cascabel-solgolds-ecuadoran-jewel-in-the-crown
ATB Barry
Hi guys. Been brilliant catching up on everyone thoughts on today’s news and the future of Solg. Incoming takeover IMO. If anyone would like there’s a telegram group set up for Solg shareholders. Feel free to join on https://t.me/solgold
ATB
The official stance would be to state this is going to production. Stating an intent to sell would just lower any potential takeover IMO.
Things are moving in the right direction now and I see exciting times ahead for all.
GLA
Barry
Quady, thank you for your input. I may have also started with FTSE 100 investments if it wasn’t for covid. Luckily enough I sought advice from a friend who has been investing for years and GGP Mentioned at 4p and SOLG a recommendation at 12p. I started small and the more I read into this share the more I liked it. So as you can see my knowledge is only based on what I could have picked up in a short period of time.
ATB
I’m not an expert but I’ve tried to pick up as much as I can in the few months I’ve started to invest. Am I right in saying it’ll take months before we have any meaningful drill results? Takes years to prove up assets doesn’t it? This is only knowledge I have gained from the short period I was invested in Greatland Gold mind so I may easily be wrong.
ATB
As these deals are done and dusted at 21.5p I’m not sure what effect they will have on the SP come Monday if any. I hope so but I’ve only been in since March and I’ve not seen this before.
Please enlighten me if you can and have a safe weekend all.
I for one found NMs interview very informative. I also believe that the announcement that regular webinars and updates are on the cards to help get this SP to it’s fair value and prevent BHP getting their hands on SolG for a bargain price. Whichever outcome, buyout or production, it’s looking positive.
ATB