Serabi Gold Share Discussion Threads

[ppvn] 10/9/2020 13:15

The stock has been held back for a good few months by a seller, as yet unidentified. Now liquidity has tightened again its correcting.

Take a look at the graph since Sept 2019 - we were 87p then. So really I'd personally argue that this rise is well overdue, and in addition has a long way to go yet.

[qs99] 10/9/2020 13:10

Any views on why this has risen so sharply?

[borisjohnsonshair] 10/9/2020 12:27

Bless - it's your pet prat not me

[qs99] 10/9/2020 12:02

really solid moves again this morning.....not sure I have seen any TPs from brokers on here, sorry if I have missed, any views?? thanks

[hazl] 10/9/2020 11:57

You have a poster above, who is causing havoc on other bbs because of some spat.
I am not the sort to retaliate but I feel I have to tell you that there are others that might not be so generous.

[borisjohnsonshair] 10/9/2020 10:13

Yes - it's hard to budge but has to as we are getting more & more cash in the bank relative to our MCAP. Could be US$15M cash soon. With Coringa on line FCF will match existing MCAP. Madness, that has to change.

[ppvn] 10/9/2020 09:32

Stock will always be tight here due to the small free float. That's for me one of the major attractions of this share.

The next couple of years will see an ever increasing revenue due to the POG going steadily up, coringa coming on-line etc. I personally think their exploration is going to verify some really large deposits and as we've seen, likely a scaleable pit in addition to the hard Rock deposits they are currently mining. The massive anomaly gives the potential for a tie-in with a major too. Any of these things should really send the share through the roof which is why I'm here for what I consider the long term! See you in a few years.

[cotton4] 10/9/2020 09:14

looks like stock is tight again.

[tightfist] 09/9/2020 21:18

Agreed, no surprise we have similar observations of the UK game of Cat and Mouse that I wish to skew in my direction. A quicker-start for Sherry in Canada..I find it useful to see in virtually Real Time what trades (prices at volumes) are going through at, which, as you say, can be far different to the "Yellow Strip" headline price for microcap stocks that I tend to invest in.. Last week I turned down an SRB quote on purely that basis - seems like someone was trying to rip me off..Cheers, tightfist

[cyberbub] 09/9/2020 17:58

Correct tightfist. On any platform it is impossible to be certain whether a published trade is a buy or a sell. Sometimes the MMs have a deliberately wide spread and you can buy below mid, or sell above mid. Sometimes large trades are delayed, but they are recorded as buy/sell against the spread at the time they are published (which might be very different). Some traders have DMA and can buy at the bid or sell at the offer. Etc etc. It's all just to fool the ordinary traders and keep a fog over the true picture!!

[tightfist] 09/9/2020 16:56

Hi Sherry, are you referring to the blue/red colour-coding in ADVFN? If so be careful. These colours useful for a quick glance but frequently are incorrectly assigned. The delayed reported trades are another phenomenon, intended to create a false impression or smoke screen - keep an eye on the trades times (and prices) - these can even be a few days late....... Good luck, tightfist

[tightfist] 09/9/2020 16:49

Thanks Cyberhub, useful info if you skip a day or more.

[sherry35] 09/9/2020 15:04

All - Thank you for the information. I like how it tracks the sale into the BID or into the OFFER

[cyberbub] 09/9/2020 14:34

Tightfist, if you go to the ADVFN full website you can access trade data for previous days as well (up to about 10 sessions). However large trades delayed by 1+ days still appear in the day they were published not the day they were actually traded. You need to go to the LSE website to see actual traded date.

[trader536] 09/9/2020 14:21

Experience tells me most posters on ADVFN are cluless amateurs who would argue the world is flat

[trader536] 09/9/2020 14:18

Why would one subscribe to the inaccurate data provided by ADVFN when one already has a far superior profesional data package with another provider?

[swanvesta] 09/9/2020 13:59

I find this pretty useful?

[tightfist] 09/9/2020 13:27

Hi Sherry, I access daily trades info for free off ADVFN site, but info gets wiped around 07:00 each following day (UK time). Cheers, tightfist

[slicethepie] 09/9/2020 13:24

From someone with a free membership says it all!