Serabi Gold Share Discussion Threads

[fz13] 06/10/2014 12:07

Negative gold sentiment pulling this lower - waiting to fill up my boots...

[rame4] 29/9/2014 19:34

All going to plan, but we have plenty of time.

[rajaster] 29/9/2014 15:36

"current production isn't up to expectations to finance ongoing explo' at SC."
i'd have thought the opposite, funding via a loan indicates to me that there is confidence in the orgs strategy to deliver.

[sleveen] 29/9/2014 11:07

Better than a placing, but also indicates that current production isn't up to expectations to finance ongoing explo' at SC.

[fz13] 29/9/2014 07:28

Any reading on the $8m facility provided by Sprott announced today? In particular the option terms?

[sleveen] 23/9/2014 17:40

Quite a fall today for no apprent reason, something amiss?

[rajaster] 23/9/2014 13:58

Aaz
Has 43 million quids worth of debt and mc of 10 million. Their production costs to get gadebek to production have been above 1k per ounce so it is understandable that they have been impacted as the interims today didnt bear well. Aaz is one that should do well in the future though once their production costs drop again.

[loverat] 23/9/2014 10:53

Quite a few producing gold stocks being brought down recently. AAZ the latest to suffer from the falling gold price.

I do like this company but will wait for a change in sentiment and further evidence of its progress.

[ashbox] 23/9/2014 09:35

Hard to make any predictions on 10,000 quids worth of trade except to say there isn't someone desperate to hoover up stock for sale. With such a large holding with one player, surely pi's are really hostage to their future plans?

[sleveen] 23/9/2014 09:24

Probably related to the fall in gold price and possible delay in commissining the CIP plant.

I was hopeing for an RNS by now stating CIP operational and gold dore pour imminent?

[loverat] 23/9/2014 09:13

The market seems to agree. Coming back down with a thud.

[loverat] 19/9/2014 18:32

Looks a tad overvalued perhaps?

[rame4] 05/9/2014 09:35

Level 2 moved to 5v1 so any buying now should see a tick up and continue the near-term rise.

[rame4] 04/9/2014 20:52

New web-site providing clarity on their current and future projects.

[sleveen] 04/9/2014 18:58

Perhaps when SRB announce the first gold dore pour, following elution from the CIP plant.

Probably before the end of September IMV.

[w1sefool4] 03/9/2014 16:45

Spike,

I can't honestly see any movement until early next year.

I'm accumulating at these levels.

[spiker4] 03/9/2014 16:34

Any predictions (sensible ones please) on this by year end?

[w1sefool4] 03/9/2014 10:20

Not until next year now, unless we get positive news.

[bsg] 03/9/2014 10:11

Would of thought it would of moved by now.

[rajaster] 03/9/2014 10:08

strange this one. support at 6 will it hold.. really need above 6.5p ideally to say with confidence thats its changed trend. but materially its much better due to production. get sao chico going asap and the resource upgrade.

[rame4] 03/9/2014 09:59

Paying over.

[cotton4] 27/8/2014 08:38

Five additional veins 'outside the current geological resource'
discovered during the cutback excavation.

Rather a non event as RNS's go, except for the above statement.

[rame4] 26/8/2014 22:27

Well the Canadians like the news and can see that we are likely
to
be going one way from here.

Serabi are currently producing gold at remarkably high grades
(1000g/t in places). The board have set a sensible production
target and I wouldn't be surprised if this is surpassed giving
a
rewarding burst to the price later this year.

The Sao Chico resource expansion provides remarkably high-grade
gold intersections, including 114.74 g/t and 175.19 g/ that
confirm
a consistent high grade zone within the Main Vein. Mike Hodgson
has
hinted that more will be announced early 2015.

Regardless of gold price - high grades = low production costs =
increased profit.

Investors will be desperately chasing the price when awareness
increases, I've seen it before. The gold miners have turned to
the
upside

http://online.wsj.com/articles/hedge-funds-are-digging-gold-miners-1407713701


and the savvy will be hunting for exceptional bargains.

Gold Tipsters are already giving the heads up on the potential
here.

One can only imagine what the returns will be if there is
another
gold rally.

[w1sefool4] 21/8/2014 15:08

good to see.

Support building at 6p