Serabi Gold Share Discussion Threads

[borisjohnsonshair] 18/3/2020 10:05

Yes you loser. I've been a value investor for many decades not a sad trader moron like you.

[borisjohnsonshair] 18/3/2020 09:29

Yes tit, as I correctly stated Corona affects markets. If the mine is suspended it will not have a great input on the value of the business fundamentals - 1 week, month, 3 months. I'd love to buy more. License approval any day now - which is something that affects the VALUE of a business, something beyond you.

[dumbo4] 17/3/2020 19:06

You have to remember guys that there are no market makers on the TSX and ASX so the whole system is order driven only. This accounts for the often pathetic volume of most shares traded, particularly on the TSXV. If you try to buy/sell you may get only a partial fill. SRB is only lightly traded here anyway. Seeing the gold price up tonight I'm having a nice Leffe in my geriatric isolation !

[sherry35] 17/3/2020 16:32

Here is the trade history for SRB.TSX. I suspect the DRK trades are another communication mechanism used by the bot traders. It appears house 62 and 79 are using DRK trades.

[sherry35] 17/3/2020 16:26

SBI.TSX Level II at 12:26 PM EST on March 17, 2020. Cross pond manipulation of the SRB/SBI is pretty pathetic.

[borisjohnsonshair] 17/3/2020 16:20

Help from an idiot - not very appealing

[borisjohnsonshair] 17/3/2020 14:29

I agree. They have a solid asset that is mining away. Manning the mine won't be an issue. Finance isn't an issue. Be nice to see the license for Coringa as that derisks the resource. Then we have the huge reserve expansion. Nothing to worry about here.

[trader365] 17/3/2020 14:28

Even if this dog hits 60p on the chart you can't buy unless you pay 65p because the spread has gone ridiculous now

[dumbo4] 17/3/2020 14:22

I have been in SRB for 9 years, along with the ups and downs. Despite the relatively solid performance of gold in the present severe crisis, I feel that the sp's of even the well funded producers/explorers will be influenced by the main market.If CV goes on for longer than expected, I can see a retest of the ftse 3500 lows and all that this implies. ie. liquidation of anything saleable. SRB along with many other golds will emerge ahead but not before further market induced falls.

[trader365] 17/3/2020 12:38

They look like bargains now, they'll be better bargain in six months, this market is only going one way this year!

All we need now is the ore sorter to break down and someone at the mine to catch the virus, then it'll back to 20p

[borisjohnsonshair] 17/3/2020 12:25

Pls sell you loser. It's time to buy but you are a novice. Bargains galore out there!!!

[cotton4] 17/3/2020 10:53

I know we've dropped a lot but still way above the FTSE this year. Volumes have been low so any turn around will be as rapid as the fall. Still all the positives to look forward to and the price of gold is still above the 9 months to Sep 2019 and still above the scenarios in the PEA for Coringa.

[tiger60] 17/3/2020 10:12

Fair enough but what I am saying is there are many experts out their each with their own take on where gold will go - We can post bullish gold articles and negative ones in equal measure. At the End of the Day it is a matter of interpretation.

For what it is worth bullish on gold but the current situation encourages trading not holding.

[loganair] 17/3/2020 09:55

After the 2008 market crash the price of gold slowly rose throughout 2009, 2010 to reach its high in 2011.

[tiger60] 17/3/2020 09:52

'Standard Charted - Price of gold $1,725 average for 2Q this year.' logan air

Funny how the advise changes in days to mirror current market movements. Before 2020 was going to see new highs...

Pinch of salt....

[borisjohnsonshair] 17/3/2020 09:51

Could you share a link to info like that. Rather unique times now but I guess a crash is a crash