RE: SolGold31 Jul 2024 08:47
Covgaz that's called investment.
You can never truly tell when it's time to buy or sell.
I got stuck with Rick hopper years ago , but eventually sold for around three pounds a share.
Today they are pennies.
Will they go up.
Probably but not to the same extent as the world is dynamic.
I invested in oil and gas for nearly 40 year's.
Today, I am invested in many sectors for dividend income.
Solgold will I believe come good.
But don't buy a stock ever believing it's a takeover target.
In order to become a takeover target it must be a successful company in it's own right and offer value above its market capitalism.
Solgold isn't even producing yet.
Sure we may get a bid, but nothing like the bid we would achieve for a full mining operation in the future.
May I suggest you concentrate on the rest of your portfolio.
Some great bargains on the UK stock exchange to build income.
Lgen currently recovering, but great dividends.
Orit has got to be a success story for the future.
This amazing company only recently started and is growing through amazing customer service, amazing product in solar and heat pumps.
And is now the biggest retailer of electricity in the UK market overtaking British gas.
Lastly NESF.
This you need to read up about, I bought 250,000 shares in this outfit earlier this year.
I have already made a return on my investment, but also dividends paid quarterly.
If you understand climate change, then although many companies out there.
We get the same problem.
Some will fly, some will collapse, just like the tech stocks.
I have staked my money on this one flying.
I own all three, but NESF is the riskiest and the most rewarding.
Unlike Solgold all make lot's of money.
May I suggest you use a site called dividendmax to start off investigating past dividends.
And use your own methods to assess these shares.
Solgold should be on the back burner.
Don't believe the clowns on this site who are here to make themselves sound important.
Most of these individuals don't own a single share in Solgold or if they do it's under 500,000.
Ask yourself why would anyone own so little stock on such a sure thing.
Answer because to them it's not a sure thing.
Never believe anyone on these forums.
Include me ain that statement if you want too.
I get things wrong as well, I just make sure I get a lot more right than I get wrong.
Good luck Covgaz.
Maybe time to build a income portfolio.
By the way the stocks I mention above I hold, that doesn't mean I recommend them.
I recommend them to me, but your investment strategy maybe different to mine.