Serabi Gold Share Discussion Threads

[saint in exile] 20/3/2020 09:34

In auction on IG

[kickingking] 20/3/2020 09:31

If you have a cfd account you can buy and sell at 65p.

[cotton4] 20/3/2020 09:26

Can sell at 65p but can't buy at 65p

[borisjohnsonshair] 20/3/2020 08:55

I'll walk my dog later now I won't set my alarm for 7am. For 3 weeks anyway

[tightfist] 20/3/2020 08:48

Take a bow, Mr 10k!

[borisjohnsonshair] 20/3/2020 07:46

What!!!! I was hoping today. We need good news way earlier than that!!!

[tightfist] 19/3/2020 20:50

Posts #5454, 5462, 5467 were the GM reports. Closest to Coringa licence timing is "..... be patient". I recall videoed? 4-6 weeks wait?, 3 weeks ago? However, hierarchal decision making in UK becoming delayed due to CV, similar in Para?Cheers, tightfist

[sherry35] 19/3/2020 17:41

Trump is pushing FDA to approve anti-malaria drug chloroquine. Chloroquine was discovered in 1934 by Hans Andersag. Everything olde is new again. Another solution using Favipiravir, a pyrazine carboximide derivative similar to an old TB drug with anti-viral properties, documented at bottom.




There are RNA inhibitor like drugs killing the virus as well.

[borisjohnsonshair] 19/3/2020 11:02

Coringa License. I thought the approval was only a week or two away from the meeting. Who attended and gave that impression after speaking the SRB??? By tomorrow but if not month end a must????

[backinblack80] 18/3/2020 23:56

No pain, no gain...so they say!

[borisjohnsonshair] 18/3/2020 22:25

Makes sense. Could be a super star stock when gold rockets prior to market rebound.

[tightfist] 18/3/2020 20:24

Hi Sherry,A few thoughts. I think the stated vein widths are actually the width encountered during the drilling - unless you happen (unknowingly) to drill normal to the vein it will always be narrower in reality - but check their caveats. Not sure if this aberration becomes more pronounced at deeper depths - trigonometry required! In another Goldie I hold the grade is improving as depth increases - I briefly looked at it from that standpoint..IIRC the original Palito mine went bust because they utilised increasing mechanisation such that mining width increased whilst head grade dramatically declined. .MH's mantra of 'Grade Pays" reinforces that he will not get dragged down that road again. Of course, the Ore Sorter is now set to become part of the "ore system" potentially enabling less strident underground mining disciplines - a bit of a slippery slope, me thinks! it's a question I would have posed to MH if he had been able to be at the 26th Feb GM..Cheers, tightfist

[sherry35] 18/3/2020 19:02

tighfist - I have a question thin vein mining as it pertains to SBI. I noticed the core widths are increasing with depth.

Do you think there will be a transition to wide vein mining as SBI chases the source of the gold?

[sherry35] 18/3/2020 18:59

SBI.TSX traded below $1.00 CDN on 100 shares by anonymous (House 001). Two things to note, no dumping of shares due to panic or stop losses. Most CDN brokers don't post stop loss orders on the exchange for all to view. So, the mob is on a fishing expedition looking for panic sellers. Nobody is selling on this side of the pond.

[sherry35] 18/3/2020 18:51

Here is a article theorizing the sell off of PMs in the current pandemic environment.

[tightfist] 18/3/2020 18:22

The BRL has weakened by 22% versus the USD since Jan 1 - astonishing. Puts the recent weakness in $PoG in perspective.

[sherry35] 18/3/2020 16:17

I wouldn't discount anything in the PM market when it comes to the USA based Au Mob. JP Morgan, Goldman Sachs and Scotia are the biggest players on the COMEX. Masters at manipulation.

Like everyone else on this board, I'm gob smacked and extremely disappointed at the take down of the Au sector given its >> SAFE HAVEN NATURE <<. Au should be trading north $1700 USD oz given Goldman declared recession. The Trump put is finally over and divergences (SP%00 vs EPS) will reconnect in the months to come.

[c0lin1] 18/3/2020 16:12

i think some mines in South America have closed down for 2 weeks. I will try to find out more.

[borisjohnsonshair] 18/3/2020 15:57

Interesting message thanks. I'd like to think you are correct. This baby isn't a complicated model. I'd only be concerned of gold dropped to less than 1,200. Sooooooo unlikely. If things were slightly less dreadful gold would be rising. As things get sorted, it will.

[sherry35] 18/3/2020 15:15

SBI.TSX is down 28 CDN cents on a whopping 700 shares. YUGE volume. NOT!

You've all seen the Level II snip-its from the past three trading days. Doesn't take much to move (manipulate) this stock. At this SP, I'm looking for the insider or olde boys club trades with huge volume.

As for SRB, today's volume is .23% of the outstanding share count. All indications is the stock is easily manipulated given the float is YUGELY lean. Someone care to post Level II for SRB? How much of today's SRB volume is attributed to the bots? Lastly, it's taken over 5 trading days to finally slam SRB/SBI.The a'holes are making the rounds. Why the latency (delay) in reference to the other Au miners?

My suspicions is the rich are frantically unloading their positions, due to the abrupt right angle turn in the global economy, and moving to gold and gold miners. The problem is with some of the juniors is the lean float - if they have the Au in the ground and revenue. Taking the share price down induces panic in the PM sector thus shaking the trees of loose shares.