Member Info for TheItalian

SOLG went flying when majors started investing in the company, that's the real game changer. We were hoping to get it in Jamuary but it didn't happen. In this post NM phase we need to show that there is an economic resource AND we need proper endorsement before the re rate takes the SOLG proportions.

If Newcrest wants to be exposed to 5 tier 1 ore bodies by 2020, and they are not the only major interested in such resources, which as we know are not at all that frequent, it goes without saying that SOLG is positioned extremely well, and having the resource update plus the PEA and PFS that will follow will cement that value and instigate the proper bidding war.
Each day that goes by is a day less we need to wait for that beautiful day.

got it and replied, many thanks!

B****y HSBC won't let me buy this in my ISA, annoying....

I knew I could trust a good answer from you. I will ask Shippy, thanks for offering. If you want you can also reach me at theitalianinvestor@yahoo.com

Lotto, since I trust your analytical skill and good intentions in SOLG, and I just came across this one, what's the investment pitch here? Worth putting some money in?

Yes Touax2, you do that, you seem to know what you are doing!
What happened to Touax1 by the way?

Pad, I think this are pieces of the 25th Aug 2016 press release, and it's not about Solg buying Cornerstone, rather about majors investing in Solg.

@risehall, did u have to register to see that presentation? I see that it's only available to "professional" users.

Nothing as fancy, I am an Excel addict so it's all in a spreadsheet. I like the flexibility as opposed to getting stuck in one way of using third-party software.
I am holding off on buying NumXL as as Add-On to help calculate periodogams but I might indulge at some point.
A combination of patient observation of the minimums and calculating the SIN() of the linear trendline gives a good insight into the harmonics of price movements, which helps identify the recurring long time ranges, their amplitude and their sub-divisions.
I should really be sunbathing in Capri with no thoughts on my mind, but the nerd in me often prevails.......

@TheSkull, EMA12 and EMA26 to calculate the PPO, and then EMA3 on the PPO itself, then PPO-EMA3.
Normally EMA9 is recommended, however I modelled the entire history of the share, and simulating trades based on this indicator, EMA3 produced the highest profit, in other words EMA3 seems to be the best at capturing the rhythm of SOLG's ups and downs.
Hope this helps.

My EMA PPO indicator has shown an UP as of the close today, let's see how it goes.

Others here seem to be more versed on the noble art of charting, in my view the cup does not form a very credible U shape, but more importantly the handle seems to go too far and low.
Curious to see what the others have to say, and I agree on the head and shoulders pattern, even though I see it as the top part of W1 and the W2 retracement, so in essence getting us prepared for a nice and big W3 uptrend.

DG, do you mean the possible cup formed between the 3rd Jan and the 11th April, followed by the possible handle represented by the downtrend that followed?

National Bank on Solgold... https://mobile.twitter.com/solgold_plc/status/1004345144307535874

Among other things, I use a bespoke momentum indicator based on a percentage price oscillator based on EMA 12 and EMA 26 minus the EMA 3 of the PPO. it is now 47 consecutive sessions with the DOWN sign which is very long but we are past the negative peak at the end of may, which is also incidentally in sync with the 20 week cycle that can be observed if you use periodograms or simply spend enough time on the charts, and the indicator is slowly moving toward the positive.
So, apart from the fundamentals that we debate every day, the underlying momentum has already turned and we are getting closer to an UP move.
Luckily, we have also not broken through the mild uptrend, and while we have also not broken through the very long steep downtrend, we are getting very close to the intersection of the two, around the third week of July.
And this is not even before calling in action Elliot waves (which btw play very well in this context imho), where I better defer to BNC.
GLA, Italian out.

It's mentioned in the official Ecuadorian National Assembly website, so the law has definitely been passed.
There are many aspects to the law, it's not just about the mining, but as far as we are concerned it's quite "neo-liberal", it seems to open up the door to foreign investment big time. From the specific point of view of SOLG it can only be good news.

For any impatient punter there is always a patient investor ready to take his money....

What shares are those Snugg?

Sure, you really know what you're talking about, maybe we can all top up at 1.05 then!