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1.1¢ dgr global limited

SOLGOLD featured in recent note from RedCloudsKS - "SolGold...

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sol1

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22/08/18

08:35

Post #: 35081873
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Originally posted by waiken ↑

Their valuation is a tiny step in the right direction but assumes SOLG will be forced to accept a big discount to fair value for Cascabel alone. Cascabel has 15 targets. Alpala is just one
The 73 other properties in the best mining provinces of Ecuador are in high Cu/Au bearing geology. One rock chip sample taken contained 12% Cu.
Analysts are inherently conservative. In this case they have ignored the Mather factor and the Newcrest factor.
This is not some green junior explorer relying on bluster and hyperbole to hold up its price until the owners can on sell their shares. Solgold has a 20 plus year vision. They are a nascent major mining company.
Several earlier articles by mining journalists asked Is this the biggest Cu story around. It is.
Solg could be worth 1-2 pounds just on Cascabel. At just 1 pound for all of Solg the dgr nta is worth over AUD 0.60
This is a poker game. Newcrest has falling Au reserves. It needs a big project. They’ll blink when another major makes a major move.

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SOLGOLD featured in recent note from RedCloudsKS - "SolGold Plans for 100km of New Drilling Ahead of Updated Resource." - 5 hrs ago, Tues, 21 Aug 2018
[London, UK time now, 11.35pm]

Comment:
No one spotted it yet ie above "NEW DRILLING."

DGR Price at posting: 8.8¢ Sentiment: None Disclosure: Not Held
5 Upvote

0 Great analysis

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Last 1.1¢		Change 0.002(22.2%)		Mkt cap ! $11.48M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
1	406246	1.0¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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2	144495	0.009
3	481222	0.008
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1	250000	0.006

Price($)	Vol.	No.
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0.013	131457	1
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0.016	499999	1
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