Serabi Gold Share Discussion Threads

[rajaster] 12/2/2014 09:34

wake up guys

[rajaster] 06/2/2014 09:20

bring it sooner.. I've gotten bored waiting and missed the likes of GCM because of it.

[phoenix1234] 06/2/2014 04:50

buy tip

www.shareprophets.advfn.com/views/3856/serabi-gold-higher-low-versus-december-targets-7p-resistance

[rodrod1] 05/2/2014 19:42

rame4 - many thanks for that news.

[tradingcoder] 05/2/2014 12:59

This is on my radar now, but I think I'll wait until it smashes 6p; been a few attempts at it, but doesn't seem to hold. Looks like this could be the month.

[rame4] 05/2/2014 10:48

AnalystRatingsNetwork.com

Serabi Mining Plc Stock Rating Reaffirmed by Sanlam Securities (SRB)

Serabi Mining Plc Serabi Mining Plc (LON:SRB)'s stock had its "buy" rating reaffirmed by equities research analysts at Sanlam Securities in a research note issued to investors on Wednesday. They currently have a GBX 10 ($0.16) price target on the stock. Sanlam Securities' price target suggests a potential upside of 105.13% from the company's current price.

Shares of Serabi Mining Plc (LON:SRB) opened at 5.50 on Wednesday. Serabi Mining Plc has a 52 week low of GBX 5.00 and a 52 week high of GBX 11.175. The stock has a 50-day moving average of GBX 5.54 and a 200-day moving average of GBX 5.44.

Serabi Gold plc, formerly Serabi Mining plc, is a gold exploration holding company. The Company is a provider of support and management services to its operating subsidiary.

[rame4] 05/2/2014 10:36

So the first shipment of Gold and Copper concentrate is planned for mid February and with positive cashflow this year we are in for a good ride throughout 2014.

The hangover looks have cleared now that Gold Anomaly have gone leaving 13% being hoovered up by one and all.

[rajaster] 05/2/2014 08:20

loverat ive not heard of amed but i remember same on igas few years ago when they were primarily afren little bro looking to use tech in africa to siphon gas from rigs instead of flaring it. since they moved to uk fracking you can buy them for less than 100p post consolidation.

[loverat] 05/2/2014 08:17

I suspect it will take a while for the market to catch on. I would imagine there will be more newsflow in the short term on production which should keep some momentum. The buyers will probably turn up after any positive news as per usual.

I was looking at AMED a few days back at 0.8p. Look at it now. Cannot get below 3p. Should have taken a small position and trusted my instinct.

[rajaster] 05/2/2014 08:14

up 10%. but low volume.. come on boys 100 g/t sao chico. production costs below 700 dollars how many orgs out there like this?

[loverat] 05/2/2014 07:27

RNS - the beauty of SRB is there is upside on the production side and still significant excitement on the exploration side.




EXPLORATION RESULTS CONTINUE TO REVEAL PROMISE FOR SAO CHICO

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian focused gold mining
and development company announces further intersections of high-grade
gold results at its Sao Chico gold project in Para from infill and
extension drilling conducted on the Highway Vein, located some 250m east
and along strike of the Main Vein. A PDF version of this press release
can be accessed using the following link -


The results of a five-hole extension drilling program have returned a
series of high grade analyses.

Consistent with results from drilling conducted by the Company on the
Main Vein and its potential extension to the West, several interceptions
of gold grades in excess of 25 grams per tonne ("g/t") have been
reported including one intercept of 189.6 g/t over one metre.

Mike Hodgson CEO said "The drilling results into the Main Vein last year
recorded multiple intersections in excess of 100g/t gold, and real
potential to extend the prospect along strike and at depth. The Highway
Vein lies some 250m east of the last drilled section on the Main Vein,
and could well be the same structure.



"To record near surface intersections all exceeding 25g/t gold in four
holes out of five drilled is an excellent result. With the potential
strike extension of the Main Vein to the West (c.f. press release - 8
October 2013) and now the prospect that the Highway Vein and the Main
Vein could be one and the same, it means that the structures encountered
at Sao Chico have the potential to be a mineralised zone extending over
700 metres in strike length.



"As part of the next step of evaluation we will undertake some initial
development of the deposit and are acquiring essential fleet to commence
the earthworks and ramp portal development at Sao Chico.



"Work is planned to be underway mid-February and this will result in a
ramp and underground mine development intersecting and evaluating the
Main Vein. We will also conduct an underground drill programme to
investigate and evaluate parallel mineralised structures, all with the
view to generate a robust mine production plan by year end. With our
Palito Mine, located just 25km away, ramping up production this quarter,
we anticipate 2014 will be an exciting year for Serabi, both as a high
grade gold producer and mine developer. "




Please use the link above to access a diagram of the Main Vein Drill
Plan

Main Vein Drill Plan

In 2011 drilling intersected the Highway Vein in two drill holes on the
same section, reporting intercepts of 1.60m @ 5.25g/t Au from 40m in
hole 11-SC-012 and 2.92m @ 7.45g/t Au from 118.85m in hole 11-SC-013.
The recent drilling program completed towards the end of 2013 consisted
of 5 holes which aimed at confirming the 2011 drilling and the strike
extensions of the 2011 holes. The drilling reported multiple zones of
alteration and narrow quartz sulphide vein.

Significant intercepts for the recent drilling are tabled below:




Hole East North RL Depth Dip/Azm From To Int Au Pb Zn
(UTM) (UTM) (m) (mdh) (m) (m) (m) (ppm) (ppm) (ppm)
13-SC-051 614301 9290280 264 76.55 -55/180 53.4 53.9 0.5 30.81 1062 943
13-SC-052 614301 9290294 261 105.35 -60/180 68.25 68.75 0.5 25.15 2115 157
13-SC-054 614343 9290284 265 98.10 -60/180 37.3 38.05 0.75 2.33 2073 1269
54.35 55.15 0.8 8.68 3203 3704
62.9 63.4 0.5 1.42 49 81
69.9 70.55 0.65 5.36 1280 1509
73.45 74.4 0.95 8.92 1166 2226
76.4 77.4 1 189.6 ADL 8609
94.1 94.6 0.5 5.15 334 502
13-SC-056 614394 9290279 269 91.45 -55/180 36.35 38 1.65 36.07 1717 1652
81.95 82.55 0.6 0.51 62 86



Note: All assays were prepared and analysed by SGS Geosol laboratory in
Belo Horizonte using a 30gm Fire Assay with an AAS analysis. Assay
intercepts are calculated based on a minimum weighted average grade of
0.5g/t Au using a 0.5g/t Au weighted average lower cut. High Grade
intercepts are calculated based on a minimum weighted average grade of
3.0/t Au using a 3.0g/t Au weighted average lower cut. ADL refers to
Above DetectionLlimit.

[rajaster] 04/2/2014 16:14

i panicked also but then after realising the change was only to par value ive been calmer.I remember assetco well. i lost some small money there too as i bought it on the fall as a bottom fish but got caught losing 20%

[spiker4] 04/2/2014 13:57

Thanks Rajaster. Phew.. Had a similar one to one of these few years ago with Assetco where they both reorganised and consolidated their shares and lost a bit.

[rajaster] 03/2/2014 23:28

and of course have started production at palito and ore is stacking up daily ready to process. shipments start next month so we are due alot of news on two fronts. the high grades.in sao chico will be perfect to blend with palito gold ore and process.

[rajaster] 03/2/2014 23:20

the investment wont change.the only thing changing is the par value of nominal shares which was set before the tsx restructure two years ago when they conaolidated shares. at this point they are raising capital to speed up sao chico gold exploration because brazil are rewriting their mining code so its a use or lose. Fratelli are backing brazil and who knows could even take over srb. Id sit patiently this is due a spike especially as gold looking like it may breakout upwards

[spiker4] 03/2/2014 23:03

Could I have some advise please, I have some shares here. Should I sell before the capital reorganization as the nominal value of shares will be from 5 pence down to 0.5 pence? i.e. will my investment be worth only a tenth of what it was prior to the capital reorganization? Regards

[selwynslacker] 03/2/2014 13:25

That would be the General Meeting on March 3rd? I am not sure I can hold my breath that long ;-)

[colinvest] 03/2/2014 08:29

Let's see what the A.G.M. yields after 11.00am today ... but don't hold your breath ..!

[rame4] 03/2/2014 08:11

Can't buy jack

[hemehem] 31/1/2014 21:41

I've watched wolf of wall street I know how it all works now, when people are bashing a stock it's so the broker can pick up shares on the cheap, put them in their mates name, then flog them when the shares go up and pay their mate a commission for holding in their name.

[ohbytheway1] 31/1/2014 19:04

Hopeless company.

[ohbytheway1] 31/1/2014 19:03

AWFUL AWFUL AWFUL

[rajaster] 31/1/2014 17:31

whats that supposed to mean. 10 shares for what??

[rame4] 31/1/2014 16:29

You can buy 10 shares online if you are quick.