RE: Remember this...2 Aug 2025 16:40
RE: Breakout21 Jul 2025 11:55
So...we've somehow got this wrong...
All waiting for news to get this going and yet the news is excellent...a Tier 1 mine in less than 3 years...
Cash secure...$40/45 million...
Not surprising that Dan is fed up with people constantly pestering him for a bid...
Short of issuing 300 million shares to JCC, Newmont or BHP he has no control over when a bid will happen...
But it will some time...thats nailed on...
And in the meantime there is one way to get this SP moving...
Institutional buying:
"SolGold is grossly undervalued by the market, and we are fixated on changing this, continuing to speak to a raft of institutions to encourage buying in the story."
And you can't blame the institutions for holding back when the liquidity is so poor...if you leave out Friday, the daily average has been less than 4 million shares a day...0.133% per day...£280kpd...
Hard to build a holding at those volumes, however...
Sooner or later instil must realise that the value is astonishing...there is the potential for a bid...and if you want a stake you have to be prepared to stand there and pay what it takes...even 10p is a stonking bargain...
And once the SP REALLY starts to move...into the 8s and 9s and on towards 10p....the maybe the short has to close...18 million shares...potentially between £1.4 and £1.8 million ...even if its done below 10p...
Then...the SP will really start to move...instis and PIs who have been holding back...day traders getting in on the act...all improving trading liquidity...
And just look at today...the RNS solidifies Thursday's news and allays any cash worries...
And suddenly you have old and new PIs buying the shares...
And who on here doesn't think 7.33p isn't the biggest bargain in London right now...?