Serabi Gold Share Discussion Threads

[sammy_smith] 10/12/2013 10:12

LISTEN: Serabi Gold (SRB) - On schedule to commence commissioning of Palito by mid-December

click the link below to listen

[loverat] 10/12/2013 07:20

Might be a good day on SRB. Lots of news to come and an article in the Daily Mail should bring the punters in to have a look.

[stockologist] 09/12/2013 22:03

Nice work OBTW

Got the mugs in a right state of paranoia LOL

I bet they accuse their own cats of posting on these Boards as well as random passers by in the street , when they aren't muttering incomprehensibly to themselves that is.

[el1te] 09/12/2013 21:58

Yeah, I saw that before he replaced it with a !. Lol, well that's confirmed then.

[ohbytheway1] 09/12/2013 21:53

Got yourself caught out there Stockologist. That's what happens when you use 7 user names in a day. Crook.

[ohbytheway1] 09/12/2013 21:52

I hear Rame4 brought it to the attention of Ohbytheway and Bonanza Grade brought it to the attention of Rame4 and sonofstockologist brought it to the attention of Bonanza Grade.

[stockologist] 09/12/2013 21:35

The original and best OBTW excellent spot again.

I didn't look at the webcasts and so I had thought you had simply got the decimal point in the wrong place earlier but yes in the video there is a distinction between the 84m level 30g per tonne vein and the 114m level 300g per tonne (Three Hundred!) vein.

That is extraordinary.

As mentioned earlier a 30g/tonne vein implies every tonne should yield almost an ounce of gold i.e. cash value of $1200 per tonne

But a 300g/tonne vein implies every tonne should yield almost $12,000 per tonne

Incredible.

[ohbytheway1] 09/12/2013 21:28

Remarkable how many IDs you have. Must be about 300?

[ohbytheway] 09/12/2013 21:10

300 g/t. Remarkable.

[stockologist] 09/12/2013 19:20

May even be a short term dead cat bounce for gold

[stockologist] 09/12/2013 19:19

Potential to breakout above two key resistance lines now 50 day MA and the medium term downtrend

[loverat] 09/12/2013 18:59

This has appeared in the Daily Mail. I am guessing that most people will read this after the market closed today.

[stockologist] 09/12/2013 18:20

Great spot OBTW !

That is excellent coverage and should be in the Daily Mail newspaper tomorrow or this weekend I'm guessing ?

40,000-50,000 oz (in 2015) which in a few weeks will be just 'one year away' will be an excellent starting point.

Assuming cash cost of $700/oz should have cashflow of $20-25m p.a. (even at a low gold price of $1200/oz). (I am hoping a few years in the future we could get a dividend of something like 25-50% yield here annually potentially in absence of cash being used for acquisitions))

I really think this stock will start to grab peoples attention soon if not now. In the short term we should have more newsflow at the start of the plant commissioning and then in the run up to Brazil Olympics with so much attention on Brazil and Gold SRB is the perfect story.

Love Hodgson's sign off as well :-

"We will be generating decent money under our current plans but there are some assets out there that would benefit from the management and technical team we have."

Looks like either SRB know the assets they want or have been approached by Boards/Advisers/Investors pointing them towards those assets.

[loverat] 09/12/2013 17:37

Indeed - this looks like it is building up from here. A nice finish.

Unbelievable the other thread - Stockologist has used no less than five user names to ramp today - same IP address. I guess the poster who brought it to the attention of the FCA and the thread was right. Anyway - this stock does not need ramping - or deramping and share prices can do nicely without that kind of intervention. The news speaks for itself.

[ohbytheway] 09/12/2013 17:18

By 2015 Serabi WILL be producing 40-50,000 ounces of gold a year!

[aim_trader] 09/12/2013 15:43

Mines&Money video interview:

[whereareallthemugpuntersyachts] 09/12/2013 15:09

Careful you will get the rodent lover excited.

[rame4] 09/12/2013 15:06

300 g/t of gold! Well that was a nice surprise. 6 months of stockpile to get through also. I'd say they were ahead of schedule in return terms. Production said to start in early January so we will see a very good beginning to what will be an excellent 2014 for Serabi.

This stock has a history of sharp price rises so any early momentum will provide a good heads-up for others in this sector.

[whereareallthemugpuntersyachts] 09/12/2013 14:21

chart is looking better

Need to break out above 200 day MA at c. 6.25 maybe this is building the platform for the Mid December RNS of formal start of commissioning ?

It will be an amazing sign of relative strength of SRB that it could break above the 200 day MA even when Gold is on its back but as mentioned before paradoxically for SRB short to medium term weakness in the gold price is great news.

[ohbytheway] 09/12/2013 13:59

Nice top up there.