Hi Plext
Your observation is very astute
DGR has suggested in its reports for many years that all their
resource factory babies are for sale at the right price.
The sale of OBS was transformational for DGR. It supplied enough cash to
bottle feed the baby subs. The healthiest baby was SOLG. DGRs participation in the capital raisings combined with media promotions were masterful as was drawing in Newcrest. Newcrest is a Trojan horse with the door nailed shut. They only have 2 rational moves. Stay for the ride and hope to manage the block caving for further shares in SOLG or make a full takeover. I think they will proceed to a takeover. Newcrest will know precisely the economic significance of SOLG having the largest collection of high quality tenements in Ecuador. It means they may have the best collection of Cu/Au properties in the world. The real treasure within SOLG is not Cascabel but the vast array of targets sitting in its tenement bank. Newcrest will be feeling the hot breath of other Cu/Au majors on their
necks and will be growing more wary as each new media release is published. The first resource estimates may be the trigger for majors to move their chess pieces onto the board.
There is a BOT operating today. This gives me great confidence when a share price is being manipulated down I suggest the sellers at 0.13 are mostly sacrificial pawns. They will hold it down for a while yet as they accumulate.
The poster SOL1 and I appear to be the only posters who are expressing the intrinsic value of SOLG and thus DGR by default. The fuse is about to be lit. Wait for the gaggle of Pilbara punters to look for somewhere to put there multi bagger profits.
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Hi Plext Your observation is very astute DGR has suggested in...
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Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.61M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $1.588K | 158.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 185236 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1983333 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28219 | 0.130 |
3 | 250000 | 0.125 |
3 | 1020491 | 0.120 |
1 | 500000 | 0.115 |
3 | 99220 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 65000 | 1 |
0.140 | 393111 | 1 |
0.145 | 295471 | 3 |
0.150 | 95000 | 2 |
0.160 | 47375 | 3 |
Last trade - 14.51pm 29/11/2024 (20 minute delay) ? |
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