Serabi Gold Share Discussion Threads

[borisjohnsonshair] 17/6/2020 09:47

Trader365 gave 26 tips earlier this year. 24 have dropped over 85%, the other 2, 60%. Hes gold dust for dreadful tips

[tightfist] 17/6/2020 08:06

Hi Ironstorm,A lot to like and interesting summary now up on CRUX - extracts:"The company ended Q1/20 with US$9M in the bank, and Hodgson expects to end Q2/20 with well above the US$6M originally targeted. The really exciting headline? At the end of this month, Sprott is finally out of the picture, and Serabi Gold will be DEBT-FREE. The game-changing Coringa acquisition has been structured smartly, so there will be no bulk payment upfront, and instalments will be staggered conducive to the stability of Serabi's cash flow........However, for us. We are most excited by the potential of the exploration in and around Sao Chico and Palito. These are cheap, quick and accessible ounces. We are not sure the market yet understand what this does to the bottomline. It can all be financed from cashflow. It's a significant land package, at site. Can they join Sao Chico and Palito together as one ore body. This is the game changer investors should be looking at. We will explore this line of questioning with the company once the AGM news is out of the way".Onwards! PAY ATTENTION, tightfist

[borisjohnsonshair] 17/6/2020 08:05

Wrong thread - not because you mention another company but because this thread isn't for morons. Jog on

[trader536] 16/6/2020 21:38

Your amature opinion aint worth a toss clown, you are cluless. GRL is capped at just £10m and operating along strike of one of the largest goldmines on the planet.

You may note that GRL was 2p when I recommended them here on 14th Feb and gained 65% within 33 minutes. They are now over 4p (+100%) and I expect 10p (+500%) in short order.


trader365 - 14 Feb 2020 - 14:28:42 - 5264 of 6550
Meanwhile people here may want to take a peek at GRL

trader365 - 14 Feb 2020 - 15:08:38 - 5265 of 6550
And there you have it! GRL mining lease awarded, RNS released 33 minutes after the tip I posted here, shares now up 65%! Whooosh!

trader365 - 17 Feb 2020 - 14:59:05 - 5289 of 6550
My GRL tip up another 10% hope a few here were smart enough to buy

[kennyp52] 16/6/2020 20:32

Tiger ... GRL or GLR ... both extremely speculative shares with high chance of problems and no revenues . Colin the cannon Bird heads up Galileo I believe ? Boris .. you comfortable with RNS ? Think they may be downplaying the production ? 8,000 is not bad and with POG riding so high the lost production is covered but we need to get it out of the ground whilst it is at these highs IMHO . March / April was reasonable production from what I understood and with the “problem”; over why would this not be maintained ? Might need actual figures to return some confidence and get the market to factor in the resource news and license application . Vaccine could also have a dramatic impact on this share price ... all IMHO .

[ironstorm] 16/6/2020 19:24

Very positive update. I love the fact that we generated sufficient cash to repay our debt and with money on hand to pay the Coringa balance I would hope.

They can in the meantime find a lender to help with Coringa build and no massive dilution with the cosy Greenstonians.

[borisjohnsonshair] 16/6/2020 16:21

Who won't here it here first, you lefty fascist moron. We have your number. Your opinion or you try to discredit the alternative. You sicken everyone.

[swindon41] 16/6/2020 15:25

I rarely filter as I like to see different perspectives and try to glean at least something from other people's points of view. But I've filtered our friend after tiring of his diarrhoea and incessant line by line pumping. Do yourself a favour my friend and get a job as a news editor or journalist if you like the written word so much.

[borisjohnsonshair] 16/6/2020 14:33

I don't disagree with your other points btw

[borisjohnsonshair] 16/6/2020 14:25

Agreed re your final point

[tightfist] 16/6/2020 14:11

Hi PPVN, thanks for that, seen the CRUX one so far. Shame we cannot attend the AGM to try to sense the atmosphere in person..Makes one wonder (again) whether the Coringa processing plant can be swiftly moved and re-commissioned at Sao Chico for more immediate cash flow. Then look again to the s/h market for some smaller kit, later, for Coringa,.This would be consistent with the potential around/at-depth in SC and between SC and P which seems to be talked-up at every opportunity..I also liked the piece after 21:00 when minimising dilution (and borrowings) was referenced, as were shareholders. Is N Bandanõs already making his mark.......Cheers, tightfist

[borisjohnsonshair] 16/6/2020 14:03

They wouldnt release the great news until after share option award.

[borisjohnsonshair] 16/6/2020 14:02

I think the interview was good but questions limited. Surely someone should ask about the farm in - Anglo. There's massive news pending and its impossible to know when

[borisjohnsonshair] 16/6/2020 14:00

Nice place to park some cash. Gold rising to US$5000

[cotton4] 16/6/2020 13:57

Thats the problem for many here - in time

[king suarez] 16/6/2020 13:34

Great latest interview. Would have liked the presenter to ask some questions regarding the finance plan to develop Coringa - i.e having almost now reached debt free status will they be taking on new debt to fast track this, or mostly through organic cash flow, or potentially some JV type arrangement? (hopefully no dilution!).

Sounds like a riches of mineralisation to be exploited in time.

[tiger60] 16/6/2020 13:30

Amounts are irrelevant unless based on other factors - no one should worry about another persons holdings. I had 8,000 and sold.. My holding was based on reservations with the company not with the macro outlook. At 8,000 oz this and next quarter they will be hard put to break even if the last quarter costs are anything to go by. True you can discount the mill repairs but why wait.

Happy to put my hand up if wrong. Lets see if there is a better entry price in the months to come. I reckon there will be but you never know something may come up - but without further positive news this is going nowhere fast.

[borisjohnsonshair] 16/6/2020 13:17

You didn't have many

[borisjohnsonshair] 16/6/2020 13:16

I'll give it a