Member Info for carliol

Hi All,

The last RNS providing investors with news of the commencement of activities at Cononish was on !2 June 2020.

We need an RNS giving info of the current situation at the mine and hopefully some indication of when we can expect first gold. I'm also looking forward to the documentary on BBC. Perhaps both these factors will help consolidate the share price over 100p.

Carliol

Good Morning Everyone,

interesting news item on how the increase in the price of gold is influencing a new round of corporate activity in the gold mining sector.. Money is starting to flow towards junior gold mining companies.

With SGZ on the cusp of being a highly profitable company it's going to be interesting to see how this effects our share price

https://www.proactiveinvestors.co.uk/companies/news/925373/money-begins-to-flow-towards-the-gold-mining-juniors-in-a-big-way-as-a-new-round-of-corporate-activity-looms-925373.html

Carliol

Good Morning CP52,

It looks like the area around Cononish could be stuffed with gold. The whole area appears to have tremendous potential and I'm absolutely delighted to have been an early investor in Scotland's first commercial gold mine.

I'm looking forward to the results of the drill on B U and also an indication from SGZ of when production will commence.

A further broker's note could give the share price an increase towards 200p. This would give SGZ a market cap of c£100 million, which would be a fair valuation if the price of gold continues to rise. Given the current rates of interest, the global pandemic and the uncertainty of today's world, gold is seen as a safe haven in troubled times I would think that a share price of towards 200p is entirely possible.

Carliol

Hi All,

Price of gold now at $1970.00 an ounce. Will it hit $2000.00 an ounce tomorrow?

https://www.bullionvault.com/gold-price/gold-price-uk

Carliol

Hi All,

We finally made 100p!! This must be some sort of landmark. The price of gold and silver continues to increase.

Gold $1940.00 an ounce and silver at $24.26 an ounce.

https://www.bullionvault.com/gold-price/gold-price-uk

Carliol

Good Morning CP52,

Price of gold consistently gathering momentum. Now at $1913.00 an oz. Several buys gone through. Looking good for 100p.

https://www.bullionvault.com/gold-price/gold-price-uk

Carliol

Morning CP52,

SGZ is ticking all the right boxes. Where the share price will end up remains to be seen but I'm sure that given all the factors in our favour we could see the share price increase by several multiples of today's valuation.

Carliol

Hi All,

With the price of gold closing on Friday at $1,900.00 an ounce it looks as if the SGZ share price could be heading to 100p.

Also, as each week rolls by we are getting nearer and nearer to Cononish becoming the first commercial gold mine in Scotland.

Looking forward with optimism to the next few weeks and months.

https://www.bullionvault.com/gold-price/gold-price-uk

Carliol

Good Morning Everyone,

All trades today are buys. Perhaps we'll see 100p today?

Price of gold currently $1,893.12 an oz.

https://www.bullionvault.com/gold-price/gold-price-uk

Carliol

I wonder when the price of gold will hit $2,000.00 an oz/

Current price $1,882.00 an oz.

https://www.bullionvault.com/gold-price/gold-price-uk

Carliol

Hello Greenside,

Looking forward to meeting you at the earliest opportunity and also the loyal long term investors in SGZ who have been regular posters on this board.

100p may be a shoe in to yourself but to me when the share price hits 100p it will represent a return of over 100%. Not a bad investment in these difficult and uncertain times.

Carliol

Hello CP 52 & Greenside,

Looking forward to meeting up with fellow SGZ investors at the next opportunity. Perhaps a meet at the Tyndrum pub when the share price hits 100p would be the ideal time to celebrate. The way the share price is increasing the meeting could be very close.

It's been a long and torturous journey but it's good to see a bright light at the end of the tunnel.

Carliol

Good Morning Everyone,

The price of gold hits $1,858.00 an oz. Let's hope this rise is reflected in the share price when SGZ opens at 8.00am. Also the increase in the price of silver is encouraging.

https://www.bullionvault.com/gold-price-chart.do

Carliol

Hi All,

Gold - silver ratio narrows. Given the amount of silver at Cononish this should provide even more impetus to the SGZ share price.

https://www.proactiveinvestors.co.uk/companies/news/924710/the-gold-silver-ratio-narrows-providing-boosts-to-companies-like-fresnillo-and-alien-metals-924710.html

Carliol

Hi All,

Share price ticking up nicely this morning. Perhaps we will see 100p by the end of the week. Please don't see this as a ramp. It's based on factual info such as the current high price of gold, the potential of Cononish, The 30% premium on Scottish gold etc etc.

Carliol

Carliol

Good Morning Everyone,

Next week is going to be interesting. The share price is now at the same all time high that was set in Oct 2019 of 82p. The price of gold was then c$1500 an oz.

A lot has changed since then. The price of gold is now $1,812 an oz and Scottish gold commands a 30% premium from Scottish jewelers.

It looks as if the SGZ story is reaching a widening audience. Yesterday's sharp increase will not have gone unnoticed and will no doubt be seen as a precursor of the potential of Cononish.

Where will the share price end up next week? Perhaps 100p is on the not too distant horizon? If it hits 100p a meeting in Tyndrum would be a wonderful way to celebrate this milestone in SGZ's journey to become Scotland's first commercial gold mine

Carliol

Hi CP52,

it's good to see the mine coming closer and closer to production. It's been a long journey and we're now on the last lap. it looks as if it's been a worthwhile trip and long term investors should have a festive season to remember for all the right reasons.

Carliol

Hi All,

I wonder what the price of gold will be when production starts?

Second fix - price of gold up 1.20% at $1811.10 an oz.

https://www.bbc.co.uk/news/topics/cwjzj55q2p3t/gold

Carliol

Hello G A,

No crowbars around. We gained access to the mine legitimately. We met at Tyndrum Station and went in some 4 x 4 cars to the mine. G D was there but I can't recall any of the other people on the visit.

Carliol

Thanks for the info G A. It's all too easy to forget about the silver as we continually focus on gold production. The income generated from silver could be a nice little earner for SGZ.

i just made a top up of 3333 SGZ shares but it went through on the NEX Exchange.

I went on a mine visit in Oct 2011. Does anyone recall the visit and are they still invested in SGZ? I remember going for lunch at the Bridge of Orchy.

Carliol