Trans-siberian Gold Share Discussion Threads

[ali g2] 30/10/2012 15:27

Shows there is support. Will keep holding on

[fuiseog] 29/10/2012 08:02

Although operations seem to be running well, it's not the best of reports today from a value achieved perspective.

"As a consequence of the mining production problems in September and October, TSG now expects 2012 production of around 27,000 oz gold, compared to the previous estimate of 31,000 oz."

The interims said.

"Blending the ore extracted using shallow hole blasting with the ore from the main stoping block is expected to lead to an increase in the average grade of processed ore to 10-11 g/t in the fourth quarter. On this basis, TSG expects 2012 production of 31,000 oz. gold and 48,500 oz. silver."

With 6.67g/t for the third quarter (6.6g/t YTD), clearly 10-11g/t is not going to happen this year.

We'll just have to wait a little longer.

[ukgeorge] 24/8/2012 15:05

just Seymor Pierce, reviewed 23rd July 2012 price target US$2.99

Analyst Bridle Asa

[fuiseog] 24/8/2012 14:53

Price drop to 43.5 today on the back of very low volume (4726 no.).

Either we have a great averaging down opportunity or there's some influence beyond the news in the Q2 report.

Does anybody have access to recent analysts reports that they might share? Or any other information?

[fuiseog] 06/7/2012 09:27

Q2 production report to look forward to later this month.

[ukgeorge] 22/6/2012 15:30

22 Jun Trans-Siberian... TSG Seymour Pierce Buy 52.50 191.00 191.00 Reiterates

[5teadyeddie] 22/6/2012 12:18

Did anyone go to the AGM today?
This presentation slides available form the TSG website suggest that the sub-level block caving mining method is not going to work, because the containing rock is too fragile and is falling into the ore when the orebody is blasted.

If true, this would be a major design bloomer and would have a big impact on deliverable volumes and costs: any previously published cost forecasts would have to be disregarded.

Was anything said in more detail?

[ronnie corbet] 24/4/2012 17:01

any issues and the companies are getting slaughtered in this market.

[ronnie corbet] 24/4/2012 12:22

I dont like to kick people when they are down but that looks like the Head & Shoulders neckline has been broken if it doesnt bounce. The target would then be 20p.

GLA hope it isnt.

[1nf3rn0] 24/4/2012 10:33

Any holders got a view on today's news? Is the sell off overdone? Some of the issues sound like only short term issues (truck, power supply).

This is one I'm watching for now.

[ali g2] 20/4/2012 14:44

That must have been a lot of haggling for 0.00002p!

[ali g2] 18/4/2012 14:48

Must be time for an update?!

[run4muny] 24/2/2012 10:06

eric76
Fairfax's short term target for SHG is 80p, and assumes an unambitious production target around the 45Koz mark from Buhinia Creek this year (versus, surely, 60Koz plus next year), and appears to include no value at all for Singida, which should come on stream Q3/Q4 2013. 140p plus is conceivable in 15-18 months or so. Then there's also the real prospect of significant growth in resource. All IMO of course.

[eric76] 24/2/2012 09:43

Thanks for the answers both, broadly agree too and believe on top of that that tsg along with the whole sector is going to look very cheap if gold/silver continues this bull run though thats speaking as someone who hasn't thoroughly researched tsg yet.
A shg like move would be very welcome I'd bet don't these have a 190p target already from their broker?

[run4muny] 24/2/2012 09:40

spz2
Yep, I invested a little more in TSG yesterday through my spread bet account to cover my (hoped-for)tax exposure on the 'real thing.'

[sporazene2] 24/2/2012 09:34

R4M, i had orders in at 70p and was unable to get them, very few shares around. I think this, plus the fact they do almost no promotion means it is under the radar. They are looking at bottom line costs(excludng debt repayment and G+A) of $666/oz, which at the current gold price and 63k production for 2012 is something like $72.5m. If these numbers are confirmed in April, i agree with we could see a shanta-esque rise here

[run4muny] 24/2/2012 09:21

eric76 & fuiseog

Agreed, but with just 10.75% of share issue freely available for trade on the market, difficult to get traction without news. Should see significant upward movement between now and end of year though as quarterly updates come through. I'd be surprised if any small goldie, other than Shanta, compares with this for growth in 2012, barring upsets.

[fuiseog] 23/2/2012 16:05

I'm not expecting a significant movement until the quarterly production update in April, but one never knows....

[eric76] 23/2/2012 13:53

Nice bowl shape on this one and a possible handle moving to the upside, strange to see so little interest and no trades in this scenario. Not looked in here a lot recently but on watch now if only for the 258.3 tonnes of silver at Rodnikova.

[ceohunter] 30/1/2012 16:25

Trans-Siberian Gold improves gold recovery rate from Asacha in December 2011

[capt bligh] 26/1/2012 15:16

Enterprise value almost exactly £100m including dept of 26.5 as this gets paid back, and depending on the rate, will look better and better.

[fuiseog] 26/1/2012 14:23

Mining shares reacting positively today to lift in POG.

From the 20th Dec RNS we have this to look forward to, "TSG will report Asacha's 2011 gold production in January 2012, with quarterly reports thereafter."

I wonder if we will get some forward projection?

[mozy123] 12/1/2012 17:02

What is the run rate expected for 2012?