Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
*deramper even
How is Slug the decamped? One calling for an imminent placing is CD? Is CD and BBG the same person? Both are on meds so makes sense.
This CD hasn't got a clue RICHER. Thinks a bid is coming. Says its round the corner. Then he says there will be a raise. Next he'll be predicting SOLG goes up and sometimes down. PMSL. Is there anything he hasn't predicted about SOLG that hasn't come true? Time to top up on the meds CD.
CD deramping the stock with fundraising comments already.. whatever next! With this volatility, I'm guessing many now are wishing they were trading SOLG more.
CD showing IQ of a goldfish! Working for BR and in this chatroom! HAHAHA. Good laugh for the end of the week.
SOLG is a really interesting story. Had this been with a CEO that looked at hitting small runs vs one big one out the park, then we would be significantly higher. I see value in SOLG and I think in the right leadership this can be a doubler. Most of my investing is in the USA where there is liquidity in stocks. I trade airlines now and then in the UK. I definitely by no means 'live' on this board (unlike some). But when I see someone post something that is incorrect and providing misleading information to other PI then I'll speak up. Good for those that invested in 2/3/4p level. Some didn't. If they had traded then they might be up a little more.
CD the only way you would have made money in SOLG is to have bought the fear and then optimism in SOLG. SOLG is trading in a wide band. 20p to about 35p. Wait for the placings to buy and sell when it gets to everyone throwing out £1 valuations. Right now in no mans land and stuck in a forming wedge. Totally agree that there are better stocks to trade. Growth stocks have lots of volatility and now trading pre covid levels.
Just looking at the technicals on a daily basis and the big problem with SOLG is the stock now needs to break 28.5 with volume. Even getting to there (when no doubt we will here that this is about to be bought) is that SOLG is still in a down trend. If anything that is a good level to either set sell orders or watch on volume to buy. I agree commodity place is where you want to add funds, but you will want producers vs explorer in this environment. RIO / BHP etc
ha CD living in hope. Even a clock is right twice a day - CD the ol' clock.. never LOL
to call someone on this board on the payroll of Blackrock.. a multi billion dollar asset manager is one of the stupidest things I have ever heard. I doubt they need to pay anyone to troll this board. As has been said below, they make millions from simply managing money. As to the trades you see, Br have hundreds of funds. If any of them have shares in SOLG and their weightings change as the index changes then that will be reflected. Check out the investments that BR have in some stocks. Their relative weighting in SOLG in sooo small. They ARE NOT wasting their time having a dedicated trader trade a few shares in an illiquid name like SOLG. If anything these are automated trades that occur when as now the index changes by bp that they need to legally reflect that. Take your meds boys and you conspiracies to Mulder.
It definitely is not by trading a few 1000 shares on SOLG!
exactly rcgl2. At last someone gets it! CD is on something else with his conspiracy theory
a bit like most ( you know who are!) investors here who says that SOLG will get taken out. One day Rodney! Pretty sure Sanga and Irwin track record is better than yours Bozi.
Don't know about 30p but a change since a long time, is that SOLG is trading neatly of the 8 day MA. As long as that keeps, then you can buy dips. Momentum is up
CD, good point on the 'diversified book' argument. $5m investment holding does not make a diversified book. I'm sticking with the guys in the know, being Irwin and Sanga. They have stated that within 6 months SOLG is gone. We know that NM will be voted of the board by the end of the year (along with others). With all other shareholders voting rights, SOLG could be sold with majority agreeing to terms. The 'diversified book' holders are not going to stop that. Santa rally has helped and now we are approaching the 'stronger' trading months for SOLG. Hang tight
Nick hasn't managed to get any JVs completed, which would have made more sense. Instead he has bloated the shares in issue, paid himself a ridiculous salary and all for seeing SOLG back at SOLG. To think he can line up a third party is a joke. NM has his last year with a small amount of hold. I can't wait to see him get the boot. All hopes now pin on Daryl and the messages put out by Irwin. I have more faith in Sanga and co than NM
Sean: Because there was no confirmation. Why would you foolishly be buying the dips? Might want to educate yourself on power of volume and breakouts vs blindly buying. It will save you quite a bit
time to add!
Popcorn at the ready. Breakout level (25.50) approaching. Provides upside to 27.75 (100 day)
Smickster Nick won't be on the board this time next year. He will be voted out and then his influence is via his shareholding. I'm liking the discussion on next steps here. If Irwin's comments are right then as many have posted here the value is in JVs. CEO can control that, he can't control others bidding for the company. Either however provide immediate upside. PFS delay priced in. Board unrest priced in. The JVs and a bid (if it ever materilaises) def. Not priced in. I like the fact that SOLG appears to have put in a higher low. If 25.5 gets taken out that leaves room for much higher move.