Serabi Gold Share Discussion Threads

[edjge2] 30/8/2019 20:48

srb bouncing alot but I don't think it has topped. 75-6 looked a nice point today but no free cash, locked into silver spike.

[edjge2] 30/8/2019 20:45

IMO I have previously stuffed my ISA with gold and silver Sold pot stocks for that too. POT will fly later this year. $2000+ is not mad, neither $30 silver but then profit has to be taken from trader accts whilst not inflicting a large CGT bill. All my accounts likely double but I have feeling a drop back will happen in metals esp Ag.
Here is someone else on that theme

"Time to be cautious"

[loganair] 30/8/2019 19:31

If a senior technical strategist at Citigroup is to be believed, gold prices will soon be testing $2,000 per ounce.

Shyam Devani, the analyst in question, says that the ratio between gold and the S&P 500 is testing a critical pivot point and a break higher could trigger a rally that pushes gold prices 25% higher.

“Equity markets continue to look vulnerable, especially given the deeper inversion of the U.S. yield curve,” Devani says. “Sometimes the ratio between asset classes is too hot. Sometimes too cold. But sometimes the chart signals ‘Just right’.”

[ppvn] 30/8/2019 13:18

I'm rather sure many people are hoping it drifts down to be honest. I'm not one of those - I know a bargain when I see it!

A surprise RNS this afternoon would be most welcome; not sure that's going to happen though unfortunately. Fingers crossed though!

[cinoib] 30/8/2019 12:57

Kenny, I hope it does drift down as I sold out a couple of days back at the top almost and put the 33% profit in the bank now want to see sub 70 so can have another shot. If you are looking for good management look no further than AAZ, management tend to to under promise and over deliver.

[borisjohnsonshair] 30/8/2019 10:18

The plan - not ordered

[edjge2] 30/8/2019 10:11

boris think you got 75 for a short while. Shame I got mine a bit earlier

[borisjohnsonshair] 30/8/2019 09:09

I think they'd have updated about the additional delay unless they are still going to issue today.

[kennyp52] 30/8/2019 08:41

Market will not like delay . Unprofessional from the BOD . Why are so many mining company directors ignorant of market expectations in respect of clear and unambiguous RNS and timely releases . Hacks me off . share price likely to now drift .

[cinoib] 30/8/2019 08:07

So much for August then. Looks like Next month if then.

[borisjohnsonshair] 30/8/2019 08:02

No news is not bad news but people will speculate and get impatient. Could see opportunistic drop today. Ill be buying if possible at 75

[borisjohnsonshair] 30/8/2019 07:57

They could but not the norm if they have good news. A blast into Friday, weekend press and gossip can set you up for a rocket on Monday. If the data is incomplete I'd like to see an update giving the date we can look forward to.

[mick1909] 30/8/2019 07:53

Could they release the rns at the close of play? Highly unlikely though tbh

[borisjohnsonshair] 30/8/2019 07:19

It's just a coincidence that the last trading day of the month is a Friday. Before the end of August is in August. If it's not today it is unambiguously late.

[jeanesy] 29/8/2019 20:12

The only news that tends to be reported on a friday is bad. If we do get news tomorrow then i hope its good :)

[cinoib] 29/8/2019 19:56

Friday tomorrow and very few companies release news on a Friday, more likely is next week when everyone back at their desks and any news wil have the biggest impact, that's my theory. Time will tell.

[tightfist] 29/8/2019 19:43

Hi PPVN,From memory they undertook extensive soil sampling (with analysis for diverse metals targeting Autumn results?) before deciding and defining a drilling programme, target start Q4.Stand to be corrected! tightfist

[borisjohnsonshair] 29/8/2019 16:16

Penultimate day before new (until late again).....it's time now for the leaks to show

[ppvn] 29/8/2019 14:36

Synonym... ;-)

[ppvn] 29/8/2019 13:52

Gold staging a turnaround.

The quiet before the (hopefully good!) storm...

[borisjohnsonshair] 29/8/2019 12:20

Take a day off!

[ferris_bueller] 29/8/2019 10:49

I agree with cotton4


I too would not be surprised if we don't hear anything until next week.


Reading some of the comments posted so far, I sometimes wonder why folks start whinging about missed deadlines before the deadline has even been reached, let alone passed.

come on guys give it a rest, it really is boring reading so much pointless drivel.

We all know this is a fantastic investment, with exciting times ahead.

Happy to be holding

GLA

[loganair] 29/8/2019 10:49

100% correct it would be insider dealing if the consultants bought any shares in SRB as they have what is called 'Privileged Information.'