The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
My wife and I had already voted for our certificated shares a while ago.
We both got paperwork in today to vote for our shares held in our ISA's which is too late to return with the Xmas post.
It makes no difference now but on the ISA held shares it did not indicate as to how many we had.
I presume there is a vote for every share held, so the Xmas post ( if there are others like me) delays may have held back some of the personal investors votes.
I bought some more shares today.
The way I look at it is whether Mather is in charge (or not) in the future, any sale has to be considerably higher than today's price of around 36p, and, as interest interest rates currently are very poor, much less than 1%, I see it as a good investment.
This is only my opinion as I post this and not advice to others.
Addicknt
you are clearly not in the SOLG camp or got feet in both.
Jason Ward said quite a long time ago that Rio was the best prospect.
Let's hope he is right.
Rich
I doubt that this will go back to the twenties, but if it does I see it as a buying opportunity in a company with a tier 1 asset which will eventually be developed by Solgold or a another large miner.
With current electrification, the shortage of copper reserves will become greater and majors will need to look to secure their future . Ecuador is one of the last frontiers in this world for finding it with the added bonus of gold and silver.
I do not think Solgold would be issuing an RNS on a 273.7 meter drill length unless they think it may be of significance.
Connell, Garwin and their team have already discovered Alpala and know what they are looking for in the next one.
I have bought more today and at the current share price, IMO, the share price warrants the Alpala discovery on its own.
Solgold have to issue disclaimers on RNS's as the cores have not been measured, but they own so much other tenements in a country that has had relatively little past exploration.
I agree Miagi
In my opinion this is the biggest opportunity in the life of Nick Mather, so (if his health is good) at age 61, why would he want to sell up and go gardening when he may help change the fortunes of Ecuador and its people.
Solgold's future may be out of his hands, but they already have one tier 1 asset and possibly more, in a country that they have first mover advantage with many tenements and over 80 geologists on the ground.
Ecuador previously depended on oil revenues, but their future economics will heavily depend on copper and gold and they are open for business.
There are huge copper deposits in Peru and Jason Ward thinks Ecuador should be no different given what they have found so far in a country that in the past was not that attractive to exploration miners.
Nick Mather cares for the country and its people and would like to leave a legacy given time.
I think in his recent interview Nick said it would be $52 million that CGP would owe for their costs of exploration
Frog
You are a dreamer.
We will make good money but £5.00 is pie in the sky unless it is long term.
Buy a strimmer to knock your grass down before trying to mow it, and its good for the hard to get at areas.
Otherwise, things are beginning to stir in the world of Solgold.
Sounds great, but barring news I do not see 26p tomorrow
Consolidations from my past experience tend to convert on the low side.
Longer term a solid hold .
Solgold has lots of gold and copper in the ground which will be very valuable in the future irrespective of how markets will react in the short term.
Look at the bigger picture, interest rates are very low for the foreseeable future, so where does ones money go to get a decent return.
I think the patient investors will be rewarded here as gold and copper is on the rise and we have plenty.
Your focus is on gold, but copper will also be a big player when future transport and technology plays out.
Corona does not like copper and cannot stay on its surface for very long in comparison to other metals.
RNS of 3rd Dec 18 stated that MTR had bought 14.7 million GGP @ 1.72p per share.
They must have sold some if the holding is 9 million now, but still a nice piece of business as GGP is around 8.45p now.
I think this dragging out process must be connected with SOLG trying to get control of the cornerstone's 15% stake.
Once it is sorted out they may be more forthcoming with news.
Just an opinion.
Would MTR still have GGP shares in its portfolio?
A small ammount were purchased in December last year and I just wondered if they still had them, or if it was to add to a previous holding.
I see they have some nice drill results at Haverieron with Newcrest farming in.
just had some more, excellent top up price.
There is an old saying that it is an ill wind that blows nobody any good.
I got in for some more and so will others.
The Ecuadorian government have pound signs in their eyes, and although it will take time and patience, I am fairly sure that there will be a mine at Cascabel some time in the future. We just do not know who will be operating it.
looks like it is presently up 15.22% to .53 CAD
Regarding my last post SOLG was to be cancelled from AIM on 21/08/17 but there was a delay, and the cancellation happened 06/10/17 which was same day of the full listing.
Hope things work out for your investments.
Solgold was cancelled on AIM 21/08/2017
They also have had a Toronto listing since July 17, and have had their own main market listing since 6/10/17.
Solg has a full listing now and unless I am mistaken would be out of their previous AIM listing.