Serabi Gold Share Discussion Threads

[sleveen] 06/1/2017 09:33

SRB should be throwing off cash (even allowing for explo capex)now that the loan has been repaid.

[hraj] 06/1/2017 06:26

This was manipulated yesterday 500k buy which 485k were later sold. Another 100k buy was also sold after a bit.. I think someone was testing the waters before holding onto some.

[abergele] 05/1/2017 21:36

news perhaps soon??

[tightfist] 05/1/2017 17:19

Today is the best volume for 6 months, so somebody is alive out there!

[kinloch] 05/1/2017 13:41

the share price is being manipulated when you see the the dealings today..stake building is going on with
blocks of 50k and now 500k i think its watch this space time.

[tightfist] 05/1/2017 09:03

Good to see a trickle of interest this morning, not before time! I guess we will have to wait another four weeks for a Q4 update, debt pay-down news, etc. Unfortunately after a brief respite the Real is strengthening again so the immediate AISC outlook could be even more disappointing. Hopefully the drilling results and growth outlook will see us good and also turn the tide on AISC in due course.Cheers, tightfist

[sleveen] 05/1/2017 08:19

Buyers returning on the back of POG rally?

[hraj] 04/1/2017 18:44

Well its 2017..hopefully some news very soon that the debts been payed off.

[tightfist] 04/1/2017 07:48

There was a late rally in PoG and miner ETF's yesterday afternoon which SRB did not pick up. With PoG continuing to rise overnight maybe this morning we will see some catch-up action.

[francisthornhill] 04/1/2017 00:24

Crazy...growing revenues and gold production. profit increasing. Debt paid off nearly...still goes down...

[hraj] 03/1/2017 19:41

Ive got a feeling fratelli as selling out..no one else is bug enough to control the price.

[kinloch] 03/1/2017 19:31

The worry here is the seller who appears to want out at any price to-days trades are a good example we can but hope that his ability to sell is coming to an end

[hraj] 29/12/2016 15:14

hi, shantas not the only one thats picked up.. look at aaz..its flying again..
i think theres a worry still about gold prices.. $950 aisc isnt that high.. they need to bring that down to a more respectable $700 if they can to sustain a period of recovery.

[tightfist] 29/12/2016 10:19

Hi everyone, boy is it quiet around here right now! LSE miners over £200m have picked up usefully in the last couple of days, as have the GDX and GDXJ ETF's. As usual the minnows are lagging (but I see Shanta has been picked up). Serabi seems to have been left on the floor....For any new visitors to this thread, here is the video of MH presenting at a recent conference in Colorado (a similar event was planned in London on 4th November) and makes good and bullish listening; MH wants to reach to 100kOz within 30 months:hXXp://www.gowebcasting.com/events/precious-metals-summit-conferences-llc/2016/09/15/serabi-gold-plc/play/stream/20128Or the more legible static slide pack:hXXp://1ab2g8adc2a2np23a4ey1nch.wpengine.netdna-cdn.com/wp-content/uploads/2016/09/Serabi-Gold-Marketing-presentation-Precious-Metals-Final.pdfAfter 1:24 an out-take of "we've got to get some scale now" sets the tone and Mike muses about 40kOz, maybe 50kOz by expanding Pallito 3km along strike, with modular mill expansion, funded out of cash flow. He is "more excited about Sao Chico....." (there are three additional latest drilling results on Slide 19), and speculates about the future installation of concentrate production facilities at Sao Chico whilst further satellite mine sites are developed. And there is the prospect of doubling production through M&A.The update on the two geophysics programmes is now getting overdue(?); maybe that is what the market is looking for?Cheers, tightfist

[sleveen] 15/12/2016 16:12

Battered by POG.

[kinloch] 10/12/2016 22:08

Is this share being manipulated as we see small sells taking place on a regular basis usually not long after the open the size of these deals do not make financial sense so one assumes that the price is being held back.
The company has made great strides recently but its not being reflected in the price lets hope the next set of figures result in the share price improving. some of us have been here since serabi mining days and the promise of jam to-morrow is waring a bit thin.

[hraj] 29/11/2016 09:34

xmas is coming but yet again srb like last year has struggled to perform like peers. worrying.

[sleveen] 16/11/2016 10:35

I noticed the 1 trade.

I think it's an investment urban myth, but I'd be more than happy to be proved wrong tomorrow.

[kinloch] 16/11/2016 10:33

Rns on the way.

[sleveen] 14/11/2016 16:11

Real fallen v UD$ since Trump elected

[cotton4] 14/11/2016 10:05

Looks like a waiting game for the results of the exploration program.
POG and Brazilian Real crutial short term. Outlook long term bullish if substantial resource upgrade. Also need to see if there are any developments on the M&A front.

[tightfist] 14/11/2016 09:59

Hi Sleveen,Yes, the numbers look positive and steadily continuing in the right direction, but not earth-shattering. I note that non-cash Depreciation continues to climb Q-on-Q which is taking the shine off the numbers. For me the brought-forward sale of 160t of concentrate muddies the numbers, it's a shame that Line hasn't given that concentrate a $ value; I suppose that's commercially confidential? If the Q3 revenue (and cost) figures are substantially flattered I am not so happy.I bet they enjoyed writing "negligible debt"!There doesn't seem to be a brrmedia webcast this morning; if there had been we would have probably been offered more insight.Cheers, tightfist

[sleveen] 14/11/2016 09:16

A positive indeed in a set of positive results. POG uncertainty causing falls in numerous gold stocks this am.

[hraj] 14/11/2016 09:06

surely thats a positive.. why is the spn falling.. perhaps the gold price drop to $1200 isn't helping

[sleveen] 14/11/2016 08:35

They changed the concentrate customer and no longer required the trade financing facility as SRB now receives payment from the new customer a lot earlier.