Serabi Gold Share Discussion Threads

[tightfist] 02/9/2020 10:05

Hi PPVN,.Agreed. At the 2019 AGM I recall a humourous MH aside that in hindsight they may realise they built the plant at the wrong site. Mike's recent Crux musings about capacity versus demand continue that same train of thought..I expect that acquiring secondhand processing plant (one of Serabi's core competences?) is now at a global industry premium? I still speculate we will see the over-capacity, immediately available and disassembled Coringa plant moved and re-commissioned at Sao Chico? Just a thought - if allowable within the licensing protocols..They certainly seem very active both underground and from the surface at SC (RNS 23.07.2020) which, including the expansion tenement, suggests they sense exciting opportunities..Cheers, tightfist

[ppvn] 02/9/2020 09:14

I'd be disappointed if there wasn't a second plant at Sao Chico by 2022 (think thats why they acquired the Lara lease) as well as a lot of exploration success by then...

[kennyp52] 02/9/2020 08:49

Such an angry person ... you been losing money ... again ? Angry you didn’t have the bottle to buy in here at 60p ... at CEY at 80p ... got yourself in trouble buying FRes at 1300p and missed the benefit of the rise . Hang a punch bag up ... it will do you good . I’m in a very happy place with my current investments .

[tightfist] 02/9/2020 08:40

Can't disagree with that - good to see more followers too.

[homebrewruss] 02/9/2020 08:35

Interesting twitter thread with some projections for SRB:

[kennyp52] 02/9/2020 08:30

Where is the 800 share buy traderliar ... when you buy at 80p then continue buying down to 50p that’s how you get an average of 66p .... lesson over ... you are incredibly stupid trader

Haha ... just realised ... you are that sad you have been back through all of my posts months back . What a loser 😂

[kennyp52] 02/9/2020 07:58

Me me me ... do you have Asperger Trader536. I’ve never bought 800 @ 80p so there you go again proving you tell porkie pies . Very weird loner ... buy yourself a pet or get a hobby . Boom .....

Lowest price paid: 50.95p
Weighted average price paid: 66.02p

[trader536] 01/9/2020 21:14

SRB is performing very poorly because its a one trick pony with a notoriously high risk narrow vein mine reliant upon a single piece of mechanical equipment operating in a country riddled with covid. Hence why its been flat for a year.

[trader536] 01/9/2020 17:58

This dog just can’t hold on to a gain because it’s a one trick pony with a high risk narrow vein mine

[tom111] 01/9/2020 15:37

Thought we were going great guns so what happened?

[loganair] 01/9/2020 12:03

PIMCO - Despite the recent run-up in gold prices, we believe gold remains attractively valued – one might even say cheap – in the context of historically low real interest rates. The key risk is that real interest rates rise, making gold relatively less attractive. At current valuations, however, there is some cushion against this view, with the real-yield-adjusted gold price at the lower end of its range for the last 15 years. Our base case is that rates remain relatively range-bound; this outlook, combined with our view that momentum and interest in gold causes the real-yield-adjusted gold price to move higher, points to gold still having more upside from here.

[borisjohnsonshair] 01/9/2020 10:38

So based on TA where see heading? Zak said 140p. I love TA!!! Ha ha

[essential] 01/9/2020 10:30

Chart breakout

[borisjohnsonshair] 01/9/2020 09:46

As expected a nice rise today.

[borisjohnsonshair] 01/9/2020 09:36

Ha give it up moron - 691,000 cases and dropping fast. SRB flying. Was 92p last time you mentioned case numbers.

[trader536] 01/9/2020 09:12

Wow almost 4 million cases in Brazil now.....