Member Info for TheItalian

Actually , this is open question to all the friendlies on the BB.
Where are you planning to start selling?

@addicknt, too bad some of us have such poor sense of humour....
Now, since you seem to rely on non technical parameters to decide your trading strategy, may I ask you (this is a genuine question out of genuine interest) where you expect to sell your SOLG holdings?

In the past SOLG issued RNSs with great drilling results and it didn't move the price, I imagine that there is a degree of subjectivity involved. With the market keen to react only to news about PEA or potential corporate events, I am not sure SOLG has to issue any information.
Having said that, I had a brief email exchange with NM, who mentioned that the regional update and the PEA were coming up shortly. Shortly is an undefined entity of course, but hopefully it would not refer to months away.

Strider, what was it that gave it away at 41.75, can you remind me?

You sound a bit simple, zoros.....but if you can still make money your way, well done to you.
As I always point out, each to their own, and the bb is for helping each other with diverse views.

If someone here has a consistent and reproducible trading strategy that avoids taking into account the data produced by the collective price action, and consistently makes money, I am all ears.
I would gladly spare myself the pain and make money without having to know the context of what I am doing.
SOLG a case in point. On a fundamental basis the share price should be higher but it's not so maybe one could think that there is something wrong, even on a technical level the price should be higher but it's not so maybe there is really something wrong. When a new investor comes in today, how does he answer the question about whether SOLG is a good or bad investment?

I might be wrong of course, but I think that the price is strongly supported at 35-36p, and there is a good chance that 37p is the lowest we will ever see going forward (fingers crossed!).
The next price movement points north.
It's a shame really that the PEA delay has interrupted the nice uptick we started to see the week of the 18th March, however the ease with which the price had gone up in expectation of a material event such as the PEA should be of comfort to investors. As soon the the market digests the slight delay and starts building up for the actual PEA release we should easily see a first 20-25% uptick in my opinion.
GLA, kind of boring today, it would be great to see some action.....

Everything is easier when the price goes up and we all make money. Come on NM!

Every party has a pooper...

I think I can the see both the SOLG case for developing the company further before a higher price can be achieved vs. the CGP case for just selling and moving on.
I suppose that the real obstacle, beyond not having an official economically measurable project yet, is the lack of outright aggressive buyers that we have been dreaming about for a long time.
If those don't show up or have let NM know that they won't show up until there is only one seller to negotiate with, then we are still required to exercise more patience.
The resource is not going anywhere, but we need momentum on our side, and that is not as strong as it should be, which probably amplifies CGP's and WI's resentment.
Nothing that a truly decent offer for CGP cannot resolve anyway, if NM plays it strategically and not to make money on CGP's expense.

The market moved upwards in preparation for the PEA, now that the PEA is delayed, the market has gone back to where it was earlier, so one can assume that it will make another move north once we approach the PEA again.
While annoying to wait a bit longer, the fundamentals are still there and if anything we know that an official move on CGP has been made. The stars are aligning and we are sitting on a great investment.
GLA

Cool, I like a company that has a good plan and is transparent about how the timeline evolves as the plan is affected by externalities. This is shaping up nicely.

YES PLEEEEEEASE!

My view is that the scenario you describe is NM's plan B, should an offer to buy Solgold at a suitable level not materialize. I think that's kind of improbable, if not after the PEA, sure by the time the BFS is out.

@Stebol, a little reading and Excel experimentation can shed light on the mystery, just give it a try and have some faith.

TheItalian from the 5th Feb:
"My Voodoo says the next peak will occur between the 9th and the 22nd March before a retrace reaching a relative minimum in the first week of April, very curious to test the theory."
Now the X axis worked out ok since the peak occurred on the 21st March, however I expected to reach out higher on the Y axis based on a linear growth pattern of the W3 to around 54-55p, rather than being held back to 41.75.
I didn't sell anything since the price didn't reach my first target.
So I now think that the price is building up for another sprint to catch up with the theoretical price, and based on the next Hurst low in the first half of May (this is an important low equal to 1/2 of the full Hurst notional160w cycle) plus the projected peak in my custom PPO-EMA trendline in mid April, my current take is that we will see the price come down a bit this week before a short burst to a higher peak.
Let's see how things pan out, and good luck to all well meaning investors.
Happy weekend!

Good weekend to all, it has been a good one indeed. For what it's worth, my custom PPO-EMA indicator is still showing an accelerating uptrend.

The Italian is selling squat at these level. Don't second guess others based on your strategy.

@Qali, is the large offer side still on?

weird that we have a great run today, and the share in Toronto is coming down...