Trans-siberian Gold Share Discussion Threads

[pro_better] 20/12/2011 10:02

gf,

diversification is always good. mining is a risky business with most of the time setbacks...tsg is cheap as many in the sector...it is definitely a buy in my book...


sporazene,
shg remains my No1 :) since my holy 10 criteria are fully met:

1)deposit to be in a reasonably safe political territory
2)deposit open to further discoveries in all directions
3)very good resource numbers
4)little or no debt and no major future capital liabilities
5)future production unhedged
6)strong future cash flow on a multiple (PCF) below the average of its peer group
7)quality of management with a proven CEO, holding a meaningful stake in the company
8)rising gold production with a long mine life
9)attractive cost per ounce of gold produced and decent grades
10)small market capitalisation comparing to its peer group

[goldenfish2010] 20/12/2011 09:50

sporazene2

Tsg looks poised and hopefully markets will start investing big time in the junior producers soon.

I suspect,due to being in russia, tsg will always be traded at a discount but there is definitely money to be made here.

What do you guys think? I am looking to buy here.

[sporazene2] 20/12/2011 09:11

pro, not yet up 2012 expected production, they will need to hit 5.2k per month, grades do look very good and TSG at a lower 2012 cash flow multiple than SHG..

[pro_better] 20/12/2011 09:05

very good average gold grade of 8.82 g/t and average recovery rate at 94.1%...

[ali g2] 25/11/2011 15:21

Looks like a bit of tree shaking - which I hope might mean some good (or even better) news on the way.

[chipperfrd] 02/11/2011 10:51

Good progress!

Currently producing c. 1,000oz per week of Au and similar amount of Ag.

At that rate they may well hit the 10-12koz level for the current quarter.
Chip

[the skipper] 19/10/2011 11:39

Yes they were definitely using the low grade stuff to test out the plant so i think the next update should really get this baby moving.

[ali g2] 19/10/2011 09:43

28.13kg @ £33,659/kg=£946,842 Au
28.19kg @ £643/kg=£18,128 Ag

Mid sept-mid Oct - 1 month - £12m pa?
I seem to recall this was from the poorer ore?

[fuiseog] 12/10/2011 10:32

UFG opt to convert their loans and Anglo Ashanti opt to complete conversion of the remainder of theirs. Lets hope the dilution is complete now.

The conversion price shows some optimism v todays 79p.

"a conversion price of 93.6 pence in respect of the AGA Loan and 93.4 pence in respect of the UFG Loans, equivalent to the volume weighted average closing price of TSG's shares for the 60 trading days up to and including 7 October 2011 and 28 September 2011 respectively."



Now the decks are clear for some positive reports on gold production.

[ali g2] 29/9/2011 07:13

Gold produced! At long last!

[wisnae me] 02/9/2011 01:19

I must admit that I bought into this share for January production!!!!
But can't really complain, I paid 43p a share. It's probably been one of my
best earners for the year so far.
It's been a frustrating year for PM shares, but still a
little annoying when they don't do as it say's on the tin. Onwards and
upwards from now hopefully!

[ali g2] 01/9/2011 07:39

wisnae me - providing no "major adjustments"!

[wisnae me] 31/8/2011 01:51

Ok! September start for production. What a surprise?

[wisnae me] 23/8/2011 02:02

Just waiting for the imminent production has started announcement. OK, we know its low grade stuff first but projected production looks good. Gold at 1903, so we are looking very good.
Just looking, but CEY up 8.1% and AGQ up 21.4% on TSX at close, and MML up 5.4% as we speak, so its looking like a healthy blue day tomorrow folks.

[plasybryn] 20/8/2011 19:18

Hornblower has prepared a chart - "It looks to have at least £1.25 in it, probably £1.50"

[capt bligh] 15/8/2011 14:47

Less battered than all the others and probably the only goldie testing highs

[chipperfrd] 26/7/2011 15:13

It's going well. Getting ever closer to first production.

[fuiseog] 26/7/2011 14:35

Doesn't take much to move this one?

[andrbea] 15/7/2011 12:25

tsg 4%

15/07/2011 12:16:33 TSG 93.00 O 3,000
15/07/2011 11:20:19 TSG 92.87 O 2,500
15/07/2011 11:19:54 TSG 92.87 O 2,500
15/07/2011 11:07:51 TSG 92.00 O 2,000
15/07/2011 11:07:00 TSG 92.00 O 2,500
15/07/2011 11:06:33 TSG 91.50 O 3,000

[capt bligh] 29/6/2011 09:59

That put tsg right up there with minerva at fraction of market cap and with say 60k oz next year only a year behind in developement. Curiously tightly held structure has def. helped this weather the small gold storm better than anything else.

[chipperfrd] 29/6/2011 02:31

capt bligh,

As you might expect, I have already run the ruler over that - but the following are only estimates based on my earnings model.

........ Profit/t ore .... Profit/oz gold
CY2011 . $395 ............ $905
CY2012 . $405 ............ $928
CY2013 . $477 ............ $1094
CY2014 . $572 ............ $1310
CY2015 . $746 ............ $1708

But the further out we go the more dependent such estimates rely on continuation of the gold bull trend!
Chip

[capt bligh] 28/6/2011 16:22

chip wnder where TSG will come in your profit per tonne mined list?

Have a look at GOR was elekra in Aus( explorer) also like Chalice CHN in Eritrea( near term producer 2012) and Dra ( producer)