Member Info for RichyRich1

It’s a catch 22 at the moment. The most recent news we’ve had has had little positive impact, more of a holding RNS telling people not to sell out as the resource is getting bigger and richer, hold fire until the next MRE update. Sometimes wonder why the board even bother but if they didn’t then I could see the SP being walked down to silly prices! The market knows it’s big and getting bigger and richer what the market wants to know if it is economically viable or not. Unfortunately until we get that confirmation (or not but would be very surprised if that was the case!) I can see this being taken below 20p unfortunately! Hope I’m wrong but I don’t see what will change between now and November other than our other tenement updates and more assay results from Alpala which no matter how amazing is not shifting the SP!

Potentially we could get the PEA by December? March 2019 for the PFS? If this is released by March 2019 and is positive can I change my guesstimate for SP to be 84p come March please!!

Nice update again today. Not sure it will shift the price much but I think we can roughly work out when we’ll get the updated MRE. “The outstanding 17,000m of planned drilling (at Alpala) will see 100km of further drilling incorporated into an updated MRE (Mineral Resource Estimate) to provide an even stronger resource base for the project.” 10 rigs drilling an average of 800m a month so roughly 2 months before drill programme to complete this phase of Alpala drilling takes us to end of October then another month to incorporate data and update MRE? Looks like November before updated MRE.

Crane, if you’ve been doing a lot of research on this company then you know 17p is way way undervalued! Will it drop to that low? Who knows but I’d be very surprised if it did. Surely you’ve done some calculations based on what they are have found already and what is expected with the next MRE update so to suggest the market cap is very high you’ve not done much research at all!?

Thank you BulletG for sharing that and to Pob at CEO.ca for initial post. Our time will come!!

62p!

It’s been discussed to death in the past Pad but these figures are for Alpala only! Doesn’t include Aggy or any other areas in Cascabel or the other 10 tenements! £6B sell SolGold completely!

Thanks Pad. So 60p a share at 2%, 90p at 3%, £1.20 at 4% and £1.50 at 5% in ground value! We only own 85% of Cascabel so need to adjust accordingly. Major mining consortium offers of £4B to buy Cascabel another £3B to build mine only leaves £47B for potential mined and sold resource! Mind boggling!!!

Can anyone number crunch and place a value in the ground if SolGold can prove up 1B tonne at 1.08%?

Pinotnoir, just received an email from SolGold with news update. When I click on the pdf version from this email it shows all the visuals and tables Etc.

Great news today. All coming together. Updated MRE and PEA or interest from another major only thing that’s going to shift SP significantly north. It will happen!

Busy busy pinotnoir. With any luck come September we might have had a lot more news by the time the presentations kick off.

Three more presentations coming up in September. http://www.solgold.com.au/upcoming-events/

Interesting movement today!! Long may it continue.

NM presenting at Diggers and Dealers on Wednesday. Wonder if we’ll get an update tomorrow before that kicks off?

Does anyone else think there’s a big trade being filled? For weeks now we’ve had a massive spread discouraging buyers and selling is minimal. All shareholders seem to be holding onto their shares pretty tightly waiting patiently for the potential end of year MRE update and maybe the PEA. IF there was an institution buying on the open market (no one had any idea Black Rock were snapping up over 5%!) I’m pretty certain they would be able to control the SP until the order was filled. Trading of late just doesn’t stack up, something is going on in the background I’m sure! Can’t prove it obviously, just a hunch but the trading pattern was exactly the same when Black Rock was quietly building a stake and then boom we got informed!

7.4%! I know it’s not the real spread but certainly large enough to put off anyone buying!!

SolGold didn’t win it this year for Explorer of the year! Oh well maybe next year.

Congratulations! Give it a couple of years and your user name will be very apt!

Credit to Miningbookguy for posting on Ceo for posting. Very exciting going forward. Never seen NM as animated as that before! Either it’s due to what’s being found or he’s been given some PR lessons and told stop being such a grumpy so and so and get out and sell (literally!) the SolGold story!