Serabi Gold Share Discussion Threads

[therealapplegarth] 24/9/2019 16:01

GET INTO OMI ! OROSUR mining ! Something BIG is happening there ? Over 10% up again today

[tightfist] 24/9/2019 15:58

Hi PPVN,They originally said Jan 2020 (and if anything they are running a little late?). To achieve the best terms (and minimise the judgement on amount of funding alternatives?) IMO I would have thought they want the maximum amount of good news behind them, especially the OS commissioned and on-line, the Coringa provisional licence? and maybe FY production too?A bit of planned procrastination? tightfist

[ppvn] 24/9/2019 14:26

Hi tightfist,

Also, I dont know if this is realistic or not, but I suspect a funding solution for the Coringa build-out shouldn't be too far away?

[mick1909] 24/9/2019 12:38

Broken record applefart

[tightfist] 24/9/2019 12:36

Hi Loganair,I was definitely not wishing to deflect this BB into the murky world of UK politics; just was reflecting my support for a fact-based, unemotional outcome. I found listening to Lady Hale quite heartening.Now back to the daily knitting - how is Q3 coming along (6 days to go!) and installation within the workflow and on-site commissioning of the OS. Somewhere in the background there are some initial SC anomaly assay studies expected shortly too?Cheers, tightfist

[therealapplegarth] 24/9/2019 12:23

This is overpriced! Fair value SUB 50p wait for the retrace

[ppvn] 24/9/2019 11:50

Ooh careful now Logan!

Politics aside, the supreme court ruling is purely based on the legality of prorogation, not the motivation behind it.

[loganair] 24/9/2019 11:39

tightfist:

Democracy - The People Rule.

Demo - The People
cracy - Rule

Sadly the Supreme Court of Great Britain and Northern Ireland has by their judgement taken away the peoples democracy in other words the UK is not a democratic country.

1. In a Referendum the people of the UK voted to leave the EU.
2. For 3 years the UK Parliament has done every thing it can to frustrate and stop the UK from leaving the EU - the UK Parliament has gone against the WILL of the People.
3. The Supreme Court of the UK has order that the Propagation of Parliament so the Will of the People can be carried out so the UK can leave the EU, is illegal.
4. Therefore the People do not Rule, therefore the UK is not a Democracy.

[tightfist] 24/9/2019 11:31

Hi,My instant reaction is that there is an increasingly Mad World out there but that the Supreme Court still has 100% of it's marbles.... Back to investing later!Cheers, tightfist

[ppvn] 24/9/2019 10:56

Hi tightfist,

Well I guess how far down the rabbit hole one wishes to go!

My personal opinion is that miners (I.e. gold equities) are a much more convenient way to transact and they have intrinsic leverage depending on your personal risk views. Gold will always imo be a CB asset and as such there will be demand driving the price. I don't personally feel the urge to hold it purely because if I thought the financial system would fail I'd probably go out and buy some land to plant turnips and have a cow! Fat lot of good gold would do me in a mad-max world! That's just me though.

I do like gold though but I'll continue to hold the majority of my pf in miners for a while, I think! If I'm ever lucky enough I'll probably invest in a flat or two to let in time. Can't go too far wrong with bricks and mortar.

[tightfist] 24/9/2019 10:14

Hi PPVN,I am increasingly thinking that a few well-managed, expansive, geared PM miners over the next few years followed by a progressive pivot towards physical gold is a potential wise route ahead? It depends if you trust what is increasingly going on in the world - and the doomsters regarding the stability of fiat currency.Cheers, tightfist

[borisjohnsonshair] 24/9/2019 10:05

This is a calm before the storm. Be 110p after after Q3 report

[ppvn] 24/9/2019 09:15

More and more research is pointing to stagnation in bonds as well as stocks. The knock on of this is that commodities should be the place to be for the next decade.

My investment horizon I must confess wasn't necessarily quite that long - but let's see what happens when Coringa is up and running and all the things that could happen along the way. Who knows, perhaps gold really will go to the moon.

[qs99] 24/9/2019 08:52

Gold looking strong again IMO....SRB should be through a quid IMO also! DYOR

[bluturtle] 23/9/2019 15:31

It was also good to see gold going up at the same time as the dollar index this morning.

[bluturtle] 23/9/2019 15:28

Definitely looking forward to the next quarterly report in November with gold at these prices.

[ppvn] 23/9/2019 15:12

...and up goes gold

[loganair] 23/9/2019 10:36

Credit Agricole - Euro Zone Area - Where is growth going to come from? Where is business investment going to come from?

Biggest problem is the Japanisation of the Euro Zone economy.


Big banks have a lot of liquidity, hoarding their money which they are not lending out. Euro Zone banks have €2 trillion parked in the ECB which costs then €8bln a year to keep parked.


BlackRock - Buy Gold, better than equity markets, in case it all goes wrong.

People are staying invested in the equity markets in a fear of missing out (Doesn't seem to me a good reason to continue to invest in equity markets.)

[loganair] 23/9/2019 09:02

I feel these boards are to pull the private retail investors knowledge and information to help us make better investment decisions.

[tightfist] 23/9/2019 08:06

Hi Loganair,O/T: See your comment including about Bonds. IMO I agree re: conventional main Bonds market but not in respect of little-known LSE ORB Retail Bonds. I am quite happy holding some offering a strong Redemption Yield through selling at a discount, but each to his own! Risk is maybe difficult to quantify but, for example. IMO I do not foresee Burford going insolvent anytime soon. (I see they have put out another Muddy Waters rebuttal statement this morning).Cheers, tightfist

[loganair] 20/9/2019 14:27

Cantor Fitzgerald - Seeing late cycle credit quality reducing.

Bonds - nothing worth investing in.

Hide out- At the current price no Bonds are worth the risk.

[loganair] 20/9/2019 14:25

Merkel - Germany to stick to ZERO deficit spending.

[ppvn] 20/9/2019 11:16

Some reasonable buys beginning to show up here.