Member Info for theiceberg

30p gone

30p gone...

Rising quick atm undervalued 29.5-30

28.5p with buys 28.5-29

Still in a big auction

Some big bids. So we will be up on open.

It's like somebody in the night has just given solg 1.5m oz of gold for free....they just need to do what they planned to do before and generate an extra $2.4bn at today's prices.....
A nice key bit about the copper concentrate percentage which is in the high side for chalco and low bad stuff...
A hint that the first 10 year HG grade will be higher feed gold than planned...
If, as heavily hinted we are getting money from the smelters this is the key information they will need to determine how much !

If timed correctly, which ingo has hinted at...then the money end of the week,beginning of next...perfectly in time for the regional exploration to resume...

Can now be restarted..
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2638-tsx-venture/lr/76190-luminex-intercepts-21-metres-of-4-26-g-t-gold-and-26-3-g-t-silver-and-recommences-drilling.html

Good news for solg and it's regionals..

A bit high brow sorry...but interesting.

https://www.lexology.com/library/detail.aspx?g=ec03f7ab-2dde-4bb9-816c-ec79eccb7a63

Almost certainly a recommendation from citi Nick needs to tie down the dgr shares and the warrants particularly will do this..
He needs to maximise the bids.
Smaller chance again imo that dgr just want the extra capital to buy distressed mining assets.....there is no better time than the present and that's the purpose of the company.

Well columbo has turned up...who at 11-15p last month was saying the sp was going to crash and burn. There is no hope....negative negative sell sell.

Bet a few fools listened to him and have been gnashing their teeth..

He's not exercised any options, those options have just been granted...ie a performance milestone has been hit and the the options, presumably a performance bonus have been granted..

"The Board of SolGold plc (SolGold or the Company) wishes to advise of the grant of 8,500,000 employment options triggered by requirements within two separate Executive Service Agreements executed in July 2019 and January 2020 respectively."
Also in July they appointed Ingo to specifically finance the project.
Funding (tick) :)

Ingo maybe with some performance related option conditional on signing finance agreements?

Wow zzoros posts something positive.
I thought last month you said Solg would hibernate?
Instead its up 100% and just broken through the last resistant to a return to a half decent sp.
Solg. Due to secure 150m in the next 10days. Almost every big mining company in the world about to shout I am sparticus. Sorry Solg.

https://t.co/WSaoZnZozJ

Haywood Securities analyst Kerry Smith told Market Intelligence that he also expects to see increased deal flow in the royalty and streaming sector, mostly over assets held by exploration companies.

Lots and lots of news about how we are just entering a massive M&A arena.
With Cascabel being the only top 10 copper/gold exploration project in world thats “on the market”. TY e interest will incredible imo.

C$100k on the CGP bid above 2.00. For tsxv that's very big volume.
Traders are certainly pricing in a bid.
However annual results due beginning of next week, which will show no money in the account. I am expecting the CGP bid between the 5th May to the 15th .....not long tbh.

https://www.mining.com/papa-new-gu inea-snatches-barrick-golds-porgera-mine

Barrick will need to be on the search for gold to replace it with...
Good projects are increasingly hard to come by.

They were very keen for shares in the morning and the broker probably gave a good price knowing he could offload them that day...
The other point with big trades is that instead of making money on the margin, they charge a % fee..so the profit is in the fee not the margin and they just want to then offload the shares.
Shares are offloaded quickly then folks can go searching for new shares allowing the price to rise