Member Info for DG1Investor

dont have the link but you can find it on ceo.ca The Ecuadorian Embassador to the UK thanking Solgold for its work - bodes well for negotiations for fiscal package for Alpala in 2019 (Thanks Sav)

DG

in terms of MM's in my opinion FR101 is indeed correct with the below comment. I know for a fact how the MM's work - my two best friends are both MM's working for a well known leading city firm. ive posted about it before on here

What is intriguing and i fully agree with Schiemiel is the DMA sell orders - who, why, purpose, agenda - all do indeed spring to mind ??wish i had the answers

FR's comment below - entirely correct
MMs do not give a muff what the price is, they care about the spread and number of transcations, they will do whatever they can to make a market and increase both. They don't have mates they are trying to get in on the cheap, they aren't pals with the big city folks keeping PIs in the dark, they are market makers - oil between cogs.

thanks Strider on the correction of $4b and not my $2.5b

its a lifechanger this stock - bet we all agree on that :o)

DG

Eathling - you and I have been friends for a long time now and i do appreciate and understand your sentiment and also can easily see how some of the scheningans (never could spell that word) we have encountered on here over the yrs may lead you to your thinkings and opinion on Filthy - but i for one strongly disagree with you about Filthy101

I believe he is honest (and i apologise FR as it feels like i am talking about you whilst standing next to you) with his appraisals on where we are at. I believe he very early stated his position when he joined the board (not that that is a pre-requsite in anyway) - he may well be trading his holding or part of it - I believe he has been transparent in that respect and of course he is at liberty to do this without any detrimental comments on our part.

I agree with a lot of what he says (not all) but infact the majority - I dont know about the manipulation in the share price but do believe he is spot on in respect of the fact that NM is not bluffing - I think he is playing a blinder - if he gets to drill other tennaments and indeed gets to progress a finance plan then the majors will be beside themselves - as they will have left it too late to buy us at a snip - infact i believe they have already left it to late. They dont need to wait for MRE3 they dont need to wait for a PEA (some may think they need this before commiting billions) but i think they have everything they need right now to make a move - but they havent ! (im not saying they wont - infact the moves NM is making right now are all the moves he should indeed be making to provoke that bid - but what he is doing is ensuring that if and when the bid comes he has enough in the locker to show them the door and achieve a much higher value)

I dont care if FR is trading, I dont believe he is de-ramping for a lower entry - I believe he is stating his observations as he sees them and i know plenty of investors here who indeed agree with his observations.

I dont post this as a 'lets all take sides post' you have your opinion, I have mine and everyone else here will have their own - which is the beauty of a 'shared' bb - I just dont think 'he has showed his true colours' is warranted.

i remember when Sean Hunter used to post on here - I liked him - thought he was a good guy, and i know he crossed swords with Lotto and a good few others, posters i have the upmost respect for - but the point is we wont all get along all the time and opinions will differ but I'd hazard a guess 99% of us here are here to make money, for some that means trading but not everybody trading is ramping a stock up or indeed bashing it down just because they are offering an opinion which may differ from our own. Seans views on dilution were strong and differed to Lotto's so they crossed swords - but maybe for those open to listening they both had good points to be considered.

Anyway - ill rest on the sermon piece - Im not bb police control, just wanted to voice my opini

The waiting is always tough - the end game here will be huge.

Drfiting down 10% in a week is a pain, and 20% from recent highs also a big kick in the proverbials. However as we all know (hope mentioning 'all' doesnt bring down a hail of fury upon me !) that nothing moves up in a straight line.

Why the drop - nobody really knows and we all have our opinions (which may and should indeed differ) - Id guess we will never know for sure.

Charts (and im only in the infancy in learning about charts) - we do have a cuo and hande - some who follow charts (and I believe it can be self forfilling) are hoping the 35p holds - if not then 33p and if that goes i believe its 29p. Im not trading its far to dodgy for me - but I am looking for an entry point to add to my holding.

I just get the feeling that news for now is out - MRE 2 gave us a lift but was pretty much factored in - Regional News woud be welcome and that could provide a catalyst - an early PEA would be great but I think we'll get it early Q1 of next year and to be honest I'm expecting it all to stack up and come in at circa 2.5b, think from memory this has already been discussed.

Next year however when the final 20% is added into Alpala and the drills begin to go hunting in new areas things could really get moving again - remember the days when we used to get regular drill results - we all hoped that this year with 12 drills a spinning that we would get plenty of reports (obvioulsy this wasnt to be as they were saved for MRE2) - however next year we could be back in the assay heaven lands.

As for a bid - categorically it could come at any time, wouldnt take much to spark things into life and its for that reason I wont trade my pot (but any that do good luck to you - maybe just a % of your overall pot for some safety insurance is the best play). Im very much hoping that a bid doesnt come currently because I want top dollar - Im greedy I want £+ or even £'s+ and for that to happen I think we need to add in other areas yet to be explored - how can we value them at the moment (we just cant accuratey) so I believe we need the drill to do its work - and that means stretching out the final end game, and that unfortunatley means periods of decline - so the journey can be painful and short termism can be our enemy, the future here is extremely bright and I do hope we all achieve our targets - mine starting with a £ sign

DG - GLA

Good posts Jerry & FR101, Declines are painful and more so when most here agree that the current SP is not reflective of true value - which is £+ Look at it as a long term gift from the gods - chance now to add (if inclined to do so) I’m confident we are not sliding back into the 20’s - I believe any buys now will be handsomely rewarded - but the massive rewards are a way off yet. Markets are bad in general and miles away from a recovery - accumulation time ? Party comes later

Ok Schlemiel - maybe replace my phrase of Only and replace with ‘Main’ Hopefully this will elevate me from the triple Silly, Silly, Silly Fingers crossed

Like the £2.55 FR101 It clears my mortgage and leaves more than enough to set me up for life from the remaining monies being invested in divi payers (5% ave) - would give me the life choices to work or not work - and still leave a significant amount invested in the more speculative AIM stocks which I’m building positions in Aug 2021 - again I’ll take that but could be sooner and the £2.55 could well be higher - not a ramp - Solg is Equador - this really is hugely de-risked - Majors should have got in earlier and NM is now firmly in the driving seat - I for one couldn’t be happier with NM at the helm Only real risk is sovereign now and this is being addressed. Also 33p is the dip level on the handle but break out higher from here could see some strong upward momentum - maybe buy in the dips if your so inclined but I do believe any real wobble moments will be a thing of the past from here on. Also ‘second’ Bozi’s shout for any that would like to join the group on Twitter - great debate - peppered with friendly investor chat without agenda GLA

All in all a solid week Lots of information to digest and contemplate Whatever your opinion - shorter term buy out - mid term Jv/consortium or - longer term let’s do it ourselves, are all HUGE POSITIVES Or even if some are trading lots or just a few or steadfast holders - so what - it’s a market that’s what people are at liberty to do Anyhows - whatever - let’s all play nice - lot of money gonna be made here Good weekend all DG

Happy to get comfortable and wait it out FR101 - suits me perfectly. BHP-Newcrest-Solg - consortium gets my vote - it’s gonna cost £4b + to buy Ensa - then £3b to develop a mine (small potatoes for what’s going to get mined) - but not small potatoes for a single company to ‘risk’ (I know BHP can stump up the whole lot - but why risk it alone) BHP/Newcrest/Solg - all Ozzie buddies together BHP will get their chunk to retain their position as the mega giant they are - (removes risk of Solg going it alone and challenging as a new up coming major) Newcrest will bring in the block cave special skills and Solg will be able to get on with discovering the next Tier1 (once found BHP and Newcrest can buy that one as well - and we go again - repeat - repeat) I don’t believe NM wants to sell the whole of Solg - how could the other tenements be sold when we can’t attribute value when we don’t even know what’s under ground yet. We may end up gifting away some of the richest potential additional discoveries of all time. Only my musings - I like the next man don’t know for sure what will happen next - but I’d say we have a way to go yet (I strongly hope we get that time, cos more time will = a larger eventual SP for all shareholders And if it does happen in a much shorter timescale then NM will want a huge price for what we have already and potentially would be gifting in an all round package I saw a price of 50p earlier by a poster - quite simply - not a chance in hell Remember a couple of yrs back 4p to 40p - NM made a comment that the SP would repeat the rise again - many spent time diliberating on here if he meant another x10 bag or simply a doubling of the 40p to 80p - well I’m 100% convinced he meant a x10 from that 40p Time will tell GLA

Schlemiel - reading through the board last couple of days I can certainly see you have the BHP bit between your teeth. Maybe your right maybe BHP are getting ready to make a move - but I’m pretty sure they won’t ‘boss’ proceedings although they will paint it that way - NM is holding a handful of Aces and if this is his legacy of a sale he would want top dollar. I think this has a way to play out yet - the longer it does the greater eventual deal we will get - I’m in no rush Solg is part of my mid and long term investing strategy - I want them to continue to explore continue to discover and continue to add to my future finances Don’t write off Japan - and or Rio - BHP want is I’m pretty damn sure about that but let’s hope for a fight out amongst other suitors Double figure sale here and I’ll be disappointed - we are in a unique position to shot for the stars with the position we are now in - so let’s party on !!

Correct Monty - and id hazard a guess a fair few posters would happily sit on that 2yr journey with you - which could be the most lucrative time of our lives.

had me going on your Villa ;o)

They (Solg) also have 11 out of the top 40 best drill holes in Copper expolration 'ever' - so again a litle more work yet for GGP to be blowing them out of the water.

None of this detracts from how good GGP could be of course and indeed I believe GGP is undervalued and very prospective - its why i am invested here.

Im long GGP Bewarethebrokers - I believe the SP has a long way to run from here and that things are indeed looking very positive. But blow Solg out of the water is quite a stretch ! Solg already had x2 of the biggest miners in the world on the share register - they have a Tier1 resource - they are in the top 10 greenfield copper discoveries in the world right now, and have only to date explored 1 of 11 Tennements, they have more geologists in total than BHP have working for them. So of course anything is possible but GGP has a way to go yet before they are blowing Solg out of the water.

Just keeping it real

It’s just so hard to put a price on it ! I do agree with Bozi it’s a once in a lifetime opportunity (I hope we all get more than the once in a lifetime opportunity but we may not) but... we are already blessed to have found this company and invested our hard earned cash into it, so let’s not wish it over too quickly - if a bid does come in the next few mths it would almost certainly be too early in my opinion (I understand and concede that some may want an exit and are growing a little SP fatigued - it’s hard sitting at 20p and now 35p’s when we think it should be ‘a lot’ higher - we then calculate that 3x our current SP would be great and we mentally begin to think about what we could be spending our new found wealth on.....But what if the real value is x5 or maybe x10 I’m not greedy I would bank a £1 with a smile but not at the expense of what should be £2 or £3 or more for the simple application of a little more patience

Wish I had a villa to offer out to my friends on here - could be on my shopping list if we get good value though. Ned thanks for your NM feedback earlier. That comment from NM (to Ned) has brought my thinking back that this will be sold. I had started to seriously consider the production route. I’d like to think that Ensa would be sold on its own so we could continue the journey with millions in our coffers and big divi in our pockets - who wouldn’t want this fantastic journey to continue - I honestly believe this will not be the only Tier1 found within our tenements. But in reality I don’t believe any Major would want to leave anything on the table - they would want an ‘all in’ offer - if this is the case NM will want top dollar so in my humble opinion I believe we could achieve £1.50 - £2.00 for the whole lot For now somebody is keeping a lid on the SP and not many out there could do this and it’s for this reason I believe the first bid could well happen in the next few mths (Gina first may well be right to get the ball rolling and NM could easily call on her when he is ready if no bid materialises in the time scale that suits him). I also believe that when the starting gun has been fired we may well be overwhelmed by the interest that comes flying our way, China or Japanese conglomerates have always been in the back of my mind, so don’t believe BHP will have it all their own way - and for this very reason the SP could go higher than we maybe muse about right now. £2b - £4b maybe £6b for Solg (entire company) we only need 2 x very committed deep pocketed suitors and who knows GLA - good posts of late.

I also very much recall your help and insight freely given when we had the ride up (from 4p for me) - it wasn’t a straight road and your charts helped me to begin to understand where we were potentially within the cycles. I also recall very clearly your advise (which I ignored) which was to think about banking some profits when we were in the 44-46p zone You have never rammed it down people’s throats - merely posted your charts with the caveat that you too were very much on a learning journey So I tip my hat to you Sir - and thank my lucky stars I have had the pleasure to engage with you and many others on here through the journey DG

I recall some of the abuse mate - disgraceful (much with hidden agenda I would guess) - like I have said to you before - ignore the nonsense - your posts are appreciated by many. Thanks for the other charts - I’ll take a look tomorrow - tonight they would all look rather blurred ;-)

Be sure to let us know mate when we may be embarking on the biggest Kahuna of a Wave - want to make sure I’ve got my surf board ready ! I’ve certainly bought my ticket to ride it ;-)

Thanks BnC - as always love your scribbles and the time you put in to share - hope your good pal