Member Info for RICH3R

Afternoon lostagain, there are so many possible permutations in the newsflow that you'd need a crystal ball to tell exactly where the SP is going in the short to medium term, but imo, on the balance of probabilities it's going UP.

There are obvious previous resistance levels around 44p (October 2020), 46p (October 2018), 47p (May 2017 & October 2010), etc. etc.

Just looking at the 1 month chart, you could argue the SP might rise to the top of a rising channel drawn from the start of 2016 - which would give around 55p in the next month.

Who knows, but I will be content to see the SP back into the 40s over the next fortnight, ....... as a starter, with the main and dessert still to come :D

The chart is currently trying to break above the resistance of a triangle pattern of support and resistance, formed since the October bullrun gap-up. A rise today to 38p+ would be a bullish indication to the market to buy. But more volume is needed to take this up. The news-drought isn't helping either- as iceberg refers to ! Current support is around 32p.

A month (tomorrow) since the last Porvenir update. I appreciate that we've had the festive period inbetween, but we must be due some more news ?

Quady I reckon you disrespect many many shareholders who lost everything in SXX. Huge assets are as nothing, unless the finances are there to dig them out. There is very little so bad imho in investing, than complacency. SOLG need to pull their finger out NOW :)

Quady I'm not sure that I've ever seen you celebrating nice blue days in the SP like today? Much more likely to be celebrating a night sky lol. Come on and join the party and forget production - which is never going to happen. Didn't you call us numpties or such today, for believing in a bid ?

hi Quady, one of us is going to turn out to be right re bid v production. Let's see

Bozi the AGM result categorically called his judgement into question in my humble opinion. It's certainly not business as usual here. Let's have the drill results which are now overdue and let us hope they are great !! aimho

Hi Bozi, Mather came cap in hand to us private investors to vote for him in the AGM - and yet you say he doesn't give two hoots ? Open your eyes mate and smell the coffee !

hi lostagain, too kind .... cheque's in the post lol ;)

red think about it - Mcap is SP x Shares in issue. If a share is diluted through the issuance of more shares, the market knows this and will take a view on whether to buy or sell, depending on whether the dilution is seen as positive or negative. Hence the dilution is built-into into the SP, and therefore the chart as well

I am a believer in charts, I refer to them all of the time. Charts show price. Price on any given day of the chart is what the market sees the share to be worth on that day. The market knows what the market cap is on that day, and thus, MCap is indeed reflected on the chart - imho.

If and When our SP gets to 100p let alone your 132p, I will buy you a bottle of champers Bubble ;)

Coiled Spring in the SP - soon to be released big-time IMHO ( you could also call it shock-and-awe, wink wink lol).

Happy 2021 to all :)

hi Tiger, yes looking forward to that fine day when things are resolved :)
ATB

I'm disappointed with no news this week and so it seems, is the market. There must be drill results available and a nice juicy RNS could have doubled as a thank you to the shareholders who supported the AGM resolutions ? Rio spudding would have been tasty too. Just pish-poor imho.

Yes let's hope for a great RNS tomorrow to bring a bit of festive cheer to this share :)

Best Christmas wishes to all of the regulars here and to the 'readers' who don't actually post.

It will depend on whether or not BHP are going to launch a bid or not. Whatever they've got planned, I just wish they would get on with it lol.

Looks like the operational RNS machine at SOLG has gone on the blink again. We must be due some more Porvenir results ?

Maybe I'm underestimating SOLG and they will deliver a storming RNS before Christmas ??

I guess that I should have sold my remaining shares during the latest pump & dump !

What a shame this share is - literally !

As I've been a good boy this year (well mostly) may I ask you to deliver me a nice Christmas present? Can the SolGold share price rise considerably next year? Many thanks Santa and please be reassured that I wore anti-covid rubber gloves when putting out your mince pie and Rudolph's carrot :)

ice & red - there's only one way to settle this - FIGHT !!! LOL, bless Harry Hill :)