Thanks Moureeses8. It notes the potential of Cascabel and all the many other SOLG properties in Ecuador. I look at the forum 'Solomon gold Share chat' periodically where there are many great postings of news releases. You need to ignore the brutal infighting of some of the posters though. One report suggested Ecuador could host over 25% of the worlds copper in its portion of the great Andean belt.
The formation of four wholly owned Subs suggests maybe future IPOs or selling separate chunks to majors. The number of cards they are holding is impressive.
When I look at the progression of trades on the LSE for SOLG there appears to be manipulation of the price. Once the Maiden Resource Estimate is released for the Alpala target within Cascabel by 31.12.17 the sheer logic of the value of contained Cu and Au will push the price up substantially which will drive DGRs current NTA from 0.27 to 0.40 plus.
Thus DGR wont be able to be held back any longer. A BOT was operating today evidenced by many tiny sales. Yesterday saw some aggressive selling. I couldn't resist snapping up a parcel at 0.094.
The current top 50 holders of DGR hold around 70% and are largely long term holders.
When the instos or big private investors try to get 1 million plus parcels there wont be sufficient volume available so the price will move up rapidly.
This year many of the DGR threads have attracted thousands of views. I posit there are a lot of holders with under 100k share who like the story but are waiting for a buy signal. If they move at the same time as the instos and professional investors the rerate of DGR will be dramatic.
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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¢ | $510 | 51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 134236 | 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 - 13.07pm 02/12/2024 (20 minute delay) ? |
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