Serabi Gold Share Discussion Threads

[carolj] 03/3/2014 15:34

the 2 large trades at 12.15 were one sell and one buy into an isa with tdw- iwas there!

[rame4] 03/3/2014 15:29

Should have a 5p floor now.

[stockonomist] 03/3/2014 14:54

Producing goldie in this environment ?

[stockonomist] 26/2/2014 14:20

She's a good interviewer

[stockonomist] 26/2/2014 14:19

Great link

[rajaster] 26/2/2014 13:21

465k traded and we still have afternoon trading to go through yet.

[rajaster] 26/2/2014 13:21

465 traded and we still have afternoon trading to go through yet.

[ohbytheway] 25/2/2014 19:40

Very savvy interview. Worth a watch... hxxp://youtu.be/hTERayEAZ88

[rajaster] 25/2/2014 18:27

500k traded today

[loverat] 24/2/2014 21:50

I am expecting some movement here soon. Hopefully the next rise when it comes will be genuine. I reckon there has been alot of selling from folks who bought in at higher levels.

I see this doubled about a year ago. Ouch for those who got picked up on that spike. Like Bonanza Grade who does not post here anymore.

[loverat] 20/2/2014 06:39

I expect Stockononist thinks it is a shoddy performance because he is still underwater on these. Just check the date this thread was set up by him and the multiple names which followed. It is clear he bought about 10p. Not so shoddy for folks who waited for the fall following the spike and bought at these levels or thereabouts. The future is what is important here.

[treacle32] 19/2/2014 23:53

1 pence target.

[stockonomist] 17/2/2014 21:00

It's been a shoddy performance by the Management but from here you are investing alongside a Billionaire family making a major play on Gold. I'd be very happy if other Billionaires gave you the opportunity to come along on a ride with them at the same ground floor entry price !

[meanreverter] 17/2/2014 20:26

After the forthcoming latest round of dilution and capital reorganization, to be finalized on 3 March, we are looking at a market capitalization in the range £28.6--32.0m (depending on the uptake) based on today's close of 4.875p, corresponding to around 620m shares. Curiously, this is the same market cap as at the date of launching on AIM in May 2005, although then there were only 10.3m shares in issue at £3 apiece (after correction for the 10:1 consolidation in December 2010): a dilution ratio of 60 to 1 in less than 9 years. I guess that this is a middling performance for AIM gold-miners. Incidentally, the metal has appreciated more than threefold (in dollars) over the same period.

[loverat] 17/2/2014 15:18

There are a few stocks like this which take time to catch on to the rise in gold whilst others are reactive. You always see the likes of AVM rise first and bizarrely folks selling here. You have to wonder why they bought in the first place only to sell when things are starting to look more positvie. People will probably catch on to this at some point soon. Especially when they learn this has started production and is ideally primed for a recovery in gold prices.

[kiwimonk] 17/2/2014 15:12

£7.5m net profit per annum @ $1300.
SRB a real play on the rising gold price and cheap @ $1200.
£22m mk cap, golden opportunity!

[rame4] 17/2/2014 11:58

get ready for the gold moonshoot

[rame4] 17/2/2014 11:01

"With approximately four months of high grade ore, at an average grade of 10g/t of gold stockpiled in front of the plant, we remain confident that we will quickly be achieving our previously advised Palito monthly gold production target of around 2,000 ounces per month."

www.stockhouse.com/news/natural-resources/2014/02/12/serabi-gold-t-sbi-celebrates-palito-s-first-month-continuous-gold-production#cUp7EpP251xHPshK.99

[stockonomist] 13/2/2014 21:05

This accounting 'trick' is going to kill the Gold sector this year (unless you are a producer). Explorers will get mullered.

[ohbytheway1] 13/2/2014 14:43

As soon as Stocko is out this may move up. When he sells or deramps the stock moves up, when he buys it goes down. Just look at NBU (deramp 59p now 90p),
CCE ramp 8p, currently 4p.

The man's a disaster zone!

[rajaster] 13/2/2014 13:03

just a shame this is still being sold down.

[rame4] 12/2/2014 09:53

Evereyone is watching Raj. A long steady rise is what we want not your GCM trap - ('t' or 'c').


"We are delighted to be reporting our first month of production and are on track to reach full throughput by 1 April 2014.

"During the month, we operated the plant for over 300 hours and milled 3,264 tonnes, which is generally consistent with our longer term target throughput rates of some 10.5 tonnes per hour.

"We deliberately have used lower grade development ore to start the plant, until we were content with its performance which, together with having to initially load the plant, explains for the low production results. However, by the end of January we had begun processing ore grading in excess of 8 g/t of gold. With approximately four months of high grade ore, at an average grade of 10g/t of gold stockpiled in front of the plant, we remain confident that we will quickly be achieving our previously advised Palito monthly gold production target of around 2,000 ounces per month*."


A good steady approach to a very solid long term investment.

Just keep adding.