Serabi Gold Share Discussion Threads

[borisjohnsonshair] 25/8/2020 09:46

We will struggle - offer at 94.4. Maybe still got some selling!!! When she goes she will blow!!!

[bspgamer] 25/8/2020 09:16

The Empire Strikes back"...The high-grade gold mining licence in Western Australia might eclipse Empire's entire portfolio..."The 'EEE' ticker for Empire Metals is also an acronym for the company's mantra of Exploration, Evaluation and Exploitation.The vowel 'E' may also soon become synonymous with Eclipse the high-grade gold mining licence that Empire has acquired a 75% interest in. It's also the project that could be a company maker for the AIM-listed copper and gold exploration and resource development company.August's acquisition of the Eclipse stake sees the company extend its footprint from Georgia to Western Australia and further removes the company of its once singular focus on the Caucasus region of Eurasia.Listen to CEO Mike Struthers describe the Eclipse opportunity to Sarah Lowther and why he's sanguine about politics both corporate and geographic .

[tightfist] 25/8/2020 09:09

Some good context is shown on P18 of the last AR. On the basis of a picture speaking a 1,000 words, it's a shame that they didn't superimpose the new tenement on an extended plan, or, even better, add-in some geophysics. Or maybe they don't want to show Lara or us just yet.....

[borisjohnsonshair] 25/8/2020 09:07

Good news today, as forming up the long term stability, longevity and value. I don't think it'll cause a big push as there's a glass barrier here. Lack of major PR, liquidity, lingering Covid concern and the magic license clearing the way to an extra 38,000 ounces a year and associated reduction in AISC to below US$1,000. When all that is resolved we have a no brainer 48,000 plus 38,000 mine with FCF say US$800 / ounce = US$68,800,000 FCF per annum. PE say 8 = US$9 per share. We have an upset no brainer watching on the other thread.

[tiger60] 25/8/2020 08:57

96p is the magic number to break and hold.

[borisjohnsonshair] 25/8/2020 08:54

It's a very valuable extension. I'd like an estimate re the NAV from MH.

[trader536] 25/8/2020 08:50

The spread being played like a fiddle here

[trader536] 25/8/2020 08:33

There’s no point buying more land if you don’t have the staff or equipment to drill on your currently available land

[ppvn] 25/8/2020 07:50

There were a lot of anomalies on that side of the tenement also BJH; as you say this seems to be a bargain for nearly 1000ha of highly prospective land.

The potential to reduce the NSR to 1% is also interesting, let's hope they find a(nother) massive pit!

[borisjohnsonshair] 25/8/2020 07:22

Do we know what a 5-6 KM extension of the mine means for the NAV / PITG? Potentially significant and a bargain for US$100,000, which is pocket change for Serabi.

[trader536] 24/8/2020 22:56

I wait, you see

[sherry35] 24/8/2020 21:52

For your reading pleasure. I have no proof of gold purchases by this individual.

[tightfist] 24/8/2020 21:45

Hi Sherry,.Quarterly reporting seems to be a largely NA phenomenon - absence of it at SRB on AIM/LSE is nothing to do with supposed Second Class Colony status. FYI there as an pre-announced Q&A opportunity in the run-up to the AGM; very shortly afterwards I received a personalised response to my constructive queries/position.. In some respects this is better than actually attending the AGM - London is a 250 mile round-trip from home - considerably more for you!.Cheers, tightfist

[tightfist] 24/8/2020 21:33

Hi KS, Kenny,.I took the reference to a potential Zoom meeting as a bit speculative. I didn't recall MH's guidance to end of this quarter (12:18) for major licence matters to be concluded, so this goes some way to indicating potential timescales..As ever, patience required! tightfist

[sherry35] 24/8/2020 21:19

BJH - I was hoping for a quarterly financial meeting conducted over Zoom. Us folks in the colonies are treated like second class investors. The other TSX companies I'm invested on having quarterly audio conference calls. I don't understand why SRB can't book a audio port? There are so many out there with free teasers for first timers. I think were relatively close to getting the permit but I wouldn't expect a bump in the price. I foresee more stock churn as the plant gets closer to commissioning. I'm just cushioning the blow for your need to have a 100p share price

King - Thank you the link and time segment. It's hard to keep track of all of the information though I do appreciate the Crux videos. I just wish there was a question and answer session for us retail investors.

[borisjohnsonshair] 24/8/2020 19:46

Thanks - I knew I remembered he said zoom

[king suarez] 24/8/2020 18:44

No probs. Crux investor have done a lot of interviews with Serabi Gold - there are more recent ones too.

[kennyp52] 24/8/2020 18:28

King Suarez .. thanks for posting link .. good , positive interview .

[trader536] 24/8/2020 17:03

You need all the help you can get loser