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Sell Solgold

By Lucian Miers | Saturday 31 August 2013


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The last time that the retail punter got stuck into Solgold (SOLG) was in 2010 when it was about to discover vast amounts of gold in the Solomon Islands (it was then known as Solomon Gold). The stock went from 5p to an intra-day high of 70p in a matter of days allowing the company to raise £15 million at 28p in October of that year.

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