"Watch our CEO Presentation from Diggers & Dealers Mining Forum here"-13 hrs ago, Thur 20 Sep 2018.
SOLGOLD SHARE PRICE - After the above today, Thur 20 Sep 2018
London time now 3:26pm, Solgold Live Price 31.335 British pence to Buy & 31.2 British pence to sell. At the advertised price of 30.95 to sell & 31.5p to Buy +8.5%.
BHP paid a 20% premium recently to buy Guyana Gold*s 6.1% stake at 26.59p [Implied Solgold Mkt Cap US$600 million]. Guyana*s cost was US$10m.
On CEO.CA CGP, 5 hrs ago, 20 Sep 2018 @Pob stated: " Investment primer ppt from NM - prior to the BHP 6.1% share transfer. He seems to provide a teaser on the impending upgraded MRE for Alpapa at 17:45mins:
"Excited to wrap the PEA around what I hope this target delivers around 10 Million tonnes of copper {...original MRE 5 million tonnes cu} and 25 million ounces of gold {..original MRE 12 million ounces of gold}."
The poster pob is quoting from the said Nicholas Mather Diggers & Dealers Presentation as above.
My Comment:
The share price of Solgold is UP a further 20% {+-} from the said BHP price of 26.59p {20% premium}.
So, appears that pressure is starting given the early indications as the mkt has reacted positively to the said presentation. Please check.
Cornerstone is also up at 23.5 Canadian cents +11.9% on CEO.CA CGP. To check, just type this title into the search engine.
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