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zoros - you're completely right..
crewtime - It's a real shame you had to blast nonsense onto the forums without a scrap of evidence or a reasonable informed approach, now no ones going to take your views seriously.
Down 2.82% at time of writing after 2 full days of 6-7% each day..
And your assumption is that this is plummeting through the floor, despite that its hit its natural resistance level and just returning to support. Swings and round-abouts.
Im holding no matter what, if it does drop to 20p fantastic opportunity to load up on lots and lots more because long term this is going to rocket.
schlemiel, I agree completely. However, an extremely positive PFS could be a fantastic indicator for whales to pump buy orders and pump SP. Don't think it matters in the grand scheme of things but I think it adds credibility.
"Mr Mather said he could not say when the final feasibility study for Alpala would be published, but he had not ruled out completion within 12 months.
'We are working as hard as we can to deliver it as quickly as possible and we are aiming to be in a position to deliver it in 2021, but I am not going to guarantee it,'' he said"
Key here is Final Feasibility Study.
January 2021 is PFS Pre-feasibility study.
if PFS looks great if anything it will cause the SP to soar.
I am extremely bullish on SolGold and here are some key statistics (all information is accurate to the best of my knowledge at time of writing):
- Solgold Market Cap: £776m
- 85% ownership of copper-gold alpala deposit
- Alpala net present value: £3.3bn ($4.5bn)
- Solgold therefore has £2.8bn share of Alpala
- Solgolds stake in Alpala project is worth 360.82% than its market cap.
Now I need someone to aid me to calculate (roughly) the costs of extraction to jump down into the nitty gritty.
J
Hi All,
After reviewing the current Alpala mine situation I am very bullish on SOLG. The way I see it is if they decide to extract the materials themselves using external funding or assistance this share price will go nuclear (as long as they don't screw up along the way). If they decide to sell the the rights to a more established mining corporation, they will receive a huge cash payout causing the share price to rocket also.
What I am looking for is counter arguments. I want to hear true bearish criticism of SOLG as a company as well as the Alpala situation.
J x
I really really do not understand what the need is to call others out on this platform.
Everyone has an opinion that is backed by some degree of thought or evidence (variable).
We should look to other opinions and criticisms when backed by evidence as a benefit, not as an attack.
I've been reading a lot of opinions here recently on the why behind the current bull swing and wanted to get others opinions on my thoughts.
The recent RI announcement has created a bullish sentiment on RR, "cheap shares if I buy more?!" - sure many people have now been clambering to obtain a greater number of shares which has pushed the price up. I don't believe that BAE "saving" Rolls Royce has much to do with the current bull run, if so then the impact would be minimal IMO.
I am currently under the impression that the current share price is actually too great for the value that RR offers at this current moment in time. I also don't think that there will be a clear bull run all the way to RI on 27th October. I feel like the price is going to correct sometime in the next 1-2 weeks as bulls start taking profit and bears take over.
I bought into RR at 117p and sold at 170p for a nice profit. I would like to know what your opinion is on when and what price this will hit by the 27th