If we are again going to stay cashed up and the market have got wind of this. They are shorting hoping to buy back cheaper I for one think this from what Mather says on the mind boggles interview probably is happening but he might receive funds for more than the price it is now at If it goes a lot lower say 25 p it won’t stay there for long. Nothing at all like last time
3 million sold 1/2 million bought MM look very happy to take them on board Two new MM in last month really stocking up one with BHP and the other lebrum was that solgolds they are going to make a lot of money falling over themselves to go long on these options IMHO
30 years ago I worked for B A T a lot of the workforce made fortunes on share options you paid 1% to hold that your yearly salary in a 4 year period the price 10 bagged everyone just cashed them in and took the profit the shares were sold into the market options cancelled new shares issued The market RNS was given when the options were issued
From what I can remember from memory they ran for 2 years maxit could exercise them at any time in the two years which runs out this month October Last I read they had 9 million at 14 p left and 31 million at 28 p If they are just cashing in these options in the market this share price is holding up extremely well It hardly dropped at all
is this not just the share options being dealt with They sell and pocket the difference was it 14p and 28 p both well in the money MM marked it down knowing these were coming I am sat in my cab at the moment but can someone check the dates of was it maxits options a strong buy so I have added some more 8500 and 1800 I cant resist them
Nick Mather a week ago. Said we have found another rich core north west in hole 64 and the mind boggles. This in my belief is why the price has risen and will continue to do so. There’s no way he wants to sell it even he is not sure how big it is. and now he will have plenty of financial backers. BHP and the others have had it. There is another Major in the making SOLGOLD. It big very big and growing why would anyone want to sell such an asset. No as he said a year ago it will 20 bag from here. 10 years is nothing when you make a fortune
10 years ago a safe share RBOS dropped 35% in an hour as the CEO fred the shred was speaking how good the company was Nothing is safe I am a taxi driver 80% of my pension and savings are now in Solgold 20p to 38p has been a great month all shares have a great deal of risk at the moment Brexit Trade tariffs etc but few have the potential of Solgold I cannot sell any at it seems as though you are cutting off your fingers I believe there are few better investment than this .just hang on a few more months we can all retire together
RE: 40m oz gold, 60m tonnes copper30 Sep 2018 14:53
Could it be in the rich core he's now finding the gold content has taken off he said before in the centre of the core gold accelerates far more than copper This core could be very large
A year and a half ago when the share was 46 p Mather said it could 20 bag from here He also said of another large mine I forgot the name where they hadn't hit the rich core until the 100th drill or there abouts IT looks like Alpala has a richer core than the first one we found Sumoto foaming at the mouth another comment Nick Mather good hes very very good
In my mind this is the reason for the price rise from 20 to 36 when BHP brought their stake of Guyana gold 20 % above market price this was not known BHP paid the same price as Blackrock did off DGR global The price dropped from 47 to 20 because we hadn't found a core as rich as what was first thought Still BHP were interested Now they need more time as Solgold themselves do not know yet how rich this new core is or how big it is Its a game and price changer over the last month we had the gold will pay for the copper Mather wants to keep it we are vulnerable because its to cheap Mather in my opinion always tells it as it is this has got a long way to go from here they all don't know how much its all worth
3 mins 48 seconds into presentation NM uses this word Pernicious I had to look the word up It now looks to me that NM is definitely not going to raise or borrow any more money Am I correct it looks to supersede staying cashed up he used last time The cats out the bag he's doing a deal and all majors want to be his partner He also drops in the bit about Japan what mining house is over there I am asking our experts am I reading to much into this