Member Info for ssmith_trader

Not sure what you're looking at A.smithy but share price does look good. Look for a break of 820 next. That will be a break of the downtrend. I then believe we see us trading back to highs of 950. Remember 690/695 has been solid support. With the speed of the rollout of the vaccines, this now holds. Buy the dips. Good luck longs.

Not sure what lines you are looking at Ortherncopper but all seems inline to where we currently are. There is sufficient cash to keep us going. As for Exploration Drilling news.. nothing to ramp or deramp. Good weekend all.

big gap to fill to 26.55. All long term shareholders who sold and come back in should get us there. Come on... you know you want to :)

haha. If anything RK1 you do provide comic relief to the chat.

I'm waiting for the post where RK1 says he's bought back in again with 100% allocation now share price is going up :) LOL

That's a really good sign. EZJ is holding in well despite the negative news today. The move to the upside is going to be explosive. 690/693 has been great support. I am accumulating here.

Well 1. that article is 3 months old and 2. a lot has changed since then. I agree they wont be selling their stake (which is pretty obvious as they want the mines), but their stake is not a defence for SOLG (in fact the opposite). In my opinion as have a number of good posts, and goes with what CGP want to (and their team / major shareholder are much more in the know that commentators on here i.e. that think SOLG as SOLG alone will go to production), that a sale / JV will happen. Disregard any old articles out there. Goal posts have moved. NM lied in his salesman approach of getting the share price (what a disaster!). Only thing to watch now is the volume and trading pattern in SOLG. That will be the tell as to when to buy more.

Agree Tiger. With Irwin now not able to comment any further, I suspect he is now an insider to what would be some type of corporate action. Gone are the days of £1 price targets for SOLG. This will be gone for far less. If I had to guess, I would say nearer to where BHP bought in on their last raise. That would suit me fine.

Quady what a ridiculous statement. Buy side do look at broker notes and often do buy on the back of that. Sell side research do move markets and they do make their own assumptions of course and do err on the side of caution when needs (just like your assumptions right now which are wrong on SOLG). Liberum as a house are not bad. They are close to a number of small cap stocks (under $1bn). Fact is the goal posts at SOLG have moved and not for the better. Any good analyst would revise down numbers. No one has clarity right now on capex or funding. You might be buying more down here and good luck to you, but if this is the only stock in your portfolio I would be worried.

doing yourself no favours by posting what you trade redknight (buy or sell). In fact now that you have sold and pushed this down a tad, I feel like I should buy some!

medar do you mean the line where NM says something along the lines of IF Alpala is brought to production? I noticed that too. My opinion and interpretation is that the board is assessing and will consider new alternatives than to bring this alone to production. I expect that to occur at some point in the future.

Redknight, it's neither good news or bad news. I understand you are talking up your book now that you are long again and back in size. It may go up but a very big May. But there could be dilution first. So much uncertainty here. Investors need clarity. Charts are a mess too. They need to reset which will take time. We need to know where funding is coming from and what their plan is. I just don't see new money buying this stock now until we get answers. LOOOOOONG term hold now and again there is an opportunity cost of putting your money into here vs investing in other class companies.

Quady, the post is simple in its interpretation, that SOLG will not be going to production alone. We will either see a farm out / JV, or SOLG bought (I'd say between 50 and 70p) but funding is what we desperately need (and enough) so that there is less uncertainty and market can trust SOLG again. The fact there more funds are needed and that I have no idea at what price that will be, is why I am not buying more here (raise may be at a higher price which would be great). You seem to take every word the company takes as gospel and that's just got most of what you have said about SOLG soo wrong and why no one is listening anymore to your views.

only reason yo buy here is because you believe in management and they are fully funded. Neither of those are true. You're just buying here to average down and hope and prays it goes up. There is time here. I am staying with the holding I have but definitely not buying more until there is more certainty as to what happens on the points above. Quady I enjoy your comedy show re: your view on SOLG but it's time to take off the rose tinted glasses and actually do some analysis. SOLG can't and will not be able to go this alone.

wonder if he's covered yet? That will be the time to sell! 865 inbound

Wonder when the Chinese will buy this dip.... they are going to be pretty pi**ed off when they wake up. Buying opp ahead of JV / farmout and other parties building up their stakes.

well done Buffer!

Agree TBTT. Wash out all of NM f*k up with this RNS. New CEO comes in and from the committees investigation, we get news that farm out / sale of Cascabel only way forward. New CEO will be a hero! Quady wil then read the RNS and believe it for the first time.

Quady you really have lost it, following every word this company says. Read in between the lines as to what is happening here.

Re-reading the RNS the silver lining is the comment from Mathew's... " .... if development decision is made". This won't go to development for SOLG, it will be farmed out/ sold.