Serabi Gold Share Discussion Threads

[loganair] 27/8/2019 16:34

I'm getting too excited hear shooting through 6,446 BRLs.

[loganair] 27/8/2019 16:27

6,435 BRLs another record high & $1,540.

[edjge2] 27/8/2019 16:26

AAZ disease here and nice to see.........unstoppable

[littlepuppi7] 27/8/2019 16:24

Nt to buy...

[littlepuppi7] 27/8/2019 16:21

It's crazy.. although not really that crazy as I am fully expecting gold to keep rallying to well over 2000 but seeing the situation slowly occur is very satisfying.

[borisjohnsonshair] 27/8/2019 16:16

Sorry Fella - I'm thinking about the naughty's now. This was and still is a misnomer until 150p. Coringa on top - ever that's worth.

[bluturtle] 27/8/2019 16:16

Gold Price over 6400 BRL

[littlepuppi7] 27/8/2019 16:10

Pea could drop tomorrow morning... can see this repeating again...

[littlepuppi7] 27/8/2019 16:01

Agree.. like how they are pushing through delayed 10k buys as sells..

[ppvn] 27/8/2019 16:00

More juice left in the share price this afternoon I think. Boris, ready the eyeliner...

[littlepuppi7] 27/8/2019 15:59

And gold is popping up.. 1537 now!

[littlepuppi7] 27/8/2019 15:59

You are right ppvn. Only 1 mm and what looks like 10,000 shares left at 77....

[ppvn] 27/8/2019 15:52

Would be about time! Due by the end of August isn't it. Hopefully that's still the case.

Volume today hasn't been too spectacular after our strong start this morning. I guess it's still NT for a lot of the time unless phone calls are made. Got to pay up on the ask for this one!

[littlepuppi7] 27/8/2019 15:34

Hopefully some fresh ii interest brewing with the pea imminent. Should easily propel this over the 100p mark. Could the pea have dropped internally?!

[littlepuppi7] 27/8/2019 15:27

Canada hitting new 52 week high as well... nice.

[borisjohnsonshair] 27/8/2019 15:25

Action in sleepy Canada

[littlepuppi7] 27/8/2019 15:22

New fifty two week high..

[borisjohnsonshair] 27/8/2019 15:10

Bout time. Was starting to get annoyed that £500,000 shift from CEY to here was early.

[littlepuppi7] 27/8/2019 15:07

Virtually none available to buy. The seller is deffo gone..

[borisjohnsonshair] 27/8/2019 15:05

That's a breakout

[littlepuppi7] 27/8/2019 15:03

Pity them traders who sold out this morning for the pull back... locked out now...

[littlepuppi7] 27/8/2019 14:51

Gold taking off and no srb shares available.. here we go...

[loganair] 27/8/2019 14:13

A US-China Cold War is under way:

Alexander Chartres of Ruffer, a money manager, noted that a new Cold War between the US and China is clearly under way – the tough trade talk, the sharp rises in defence spending and the cyber and proxy wars being fought partly by corporations are all signals of this. If you accept, he says, that one of the main drivers behind the benign conditions of the past 30 years (falling costs, falling inflation, low interest rates) has been the rise of the Chinese economy and the enmeshment of the Chinese and US economies, you also have to accept that the divorce of those economies will probably have the opposite effect and that the complications of it will affect “everything in your portfolio”.

Note that the likes of Apple are already looking at moving their supply chain out of China. Investing is now more about geopolitics than it has been for a long time. If power, pride and security start to matter more to governments than economics, everything clearly begins to change (not necessarily for the better). So I asked my panellists, what do long-term investors do?

Hold gold and hope for the best:

Almost every panellist so far has said hold gold. Some have also said silver. The gold price is at a 30-year high relative to silver (more extremes!) so if you are bullish on gold, you rather have to be fairly bullish on silver too.

[littlepuppi7] 27/8/2019 14:13

Tighfirst Coringa is an asset not a risk or liability once that final payment is made. We have the fcf to develop it at our pace . The only risk is that mine projects so sometimes increase in cost. That said I think based on the copycat nature that is Coringa we should be quite accurate. I suspect we might get a partner to develop it for a farm down? That could be on the table... all very interesting though now as we are self sufficient so we can do it ourselves. It's miners that are loss making you need to worry about.