Serabi Gold Share Discussion Threads

[borisjohnsonshair] 19/11/2020 11:45

It's a pretty simple plan and it's going nicely. The price doesn't make much difference for the next 12-18 months, unless you want more. If so being WAY WAY WAY lower than it will be eventually is fantastic. Gotta love the impatience of the markets.

[ironstorm] 19/11/2020 11:29

Recently been strong support around this level. So should be a good result.

Breaking higher is the issue. Even PoG restrained.

Luckily stilling rolling in the cash.

Thjey need to push harder on the growth projects.

[borisjohnsonshair] 19/11/2020 11:18

Lucky you don't understand fundamentals. You claim to understand charts but if you did you'd see it's in a rising trend above golden cross. I wonder which of your mums clients is your dad.

[trader536] 19/11/2020 11:08

The fall is accelerating 60p by Christmas.

[tiger60] 19/11/2020 10:55

Keep buying Boris

[borisjohnsonshair] 19/11/2020 09:42

Yep Boris, I'm putting my spare pension into it, each month, Boris.

[borisjohnsonshair] 19/11/2020 09:15

Gotta be mad not to top up monthly here. Happy for it to stay low for some time. It's sooooo undervalued. Cash in the bank, production on going and rising, license in the bag, huge exploration potential..... 100,00 ounces in 2021.

[trader536] 19/11/2020 08:40

This dog will be 60p in Q1 2021 on missed targets. Must be very frustrating for my good friend Boris! Woof woof 🐕

[tightfist] 19/11/2020 08:29

Yesterday I mentioned share price gearing to recent moves in PoG; here is an article that follows that aspect and the recent gold market drivers:.https://seekingalpha.com/article/4389791-several-gold-stocks-will-make-your-portfolio-shine?utm_medium=email&utm_source=seeking_alpha&mail_subject=must-read-is-pfizer-the-best-covid-vaccine-play-for-dividend-investors&utm_campaign=nl-must-read&utm_content=link-3.Cheers, tightfist

[davidosh] 18/11/2020 14:39

The Mello group on next Tuesday evening’s conference will probably number 300plus and are very focussed on Fundamentals and Growth - and are being encouraged to look at Gold - so it will interesting to see if this PR sparks interest in a little known and illiquid share/ company.
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The full line up is here

Our attendance for the Monday webinars has been between 300 and 400 but this is the first specialist Tuesday event. We have already sold nearly 100 tickets and usually the vast majority register in the last couple of days so certainly expect to see 250 plus on the webinar

[borisjohnsonshair] 18/11/2020 14:21

This should be between 300-500p in 11-12 months. Maybe £10.

[borisjohnsonshair] 18/11/2020 14:14

Yep - best be in. Long way to go on this up cycle. Golden cross well underway plus exploration can be a game changer on top of the rock solid production growth that's going to happen anyway.

[tiger60] 18/11/2020 08:33

Morning Tightfist, I appreciate the effort but 'later in 2021' does not really get me excited. If that means qtr 3 then it is a long wait. It is the lost opportunity cost of holding on here versus reallocating to other options that may have a better short term profile.

At the moment I am still holding. I think gold will re rate tail end of December/New Year and all goldies, that have for some reason been marked down, will see a step up.

But like I have said I would rather company news drive value. Then again at a mkt cap of £50m versus 9 months profits of circa £6m it is cheap

[davidosh] 17/11/2020 13:12

Just to let you all know that Mike Hodgson and Clive Line will be presenting for Serabi Gold at our MelloTuesday 'Investing in Gold' webinar next week. Serabi will be one of four companies taking part and the presentation plus Q&A will be 30 minutes. The event runs from 6pm to 9.30pm and there are some highly respected fund managers, investors and analysts taking part in panel sessions and providing presentations.

We will look at Gold as an asset and how to invest in it covering everything from buying gold coins and bars through to stakes in gold producers paying regular dividends. We will also cover ETFs, gold indexes, gold exploration & mining companies and investment funds and feature a number of presentations



If you would like to attend then use this code for a discounted ticket MTGOLD and the price will be reduced by 66%. All our Mello annual pass holders are able to attend as a bonus event and we expect to have over 400 on this webinar but if you have questions then the presenters always agree to provide answers the next day on our website if they remained unanswered on the evening.

[tightfist] 17/11/2020 12:52

Hi tiger,.Cheer you up! Clive always plays the more conservative role, whilst MH is more promotional, as one would expect. However, on the Crux video I did note Clive briefly speculating with plenty of caveats (5:27) "11 or 12,000 Ounces" per quarter later in 2021. .Regarding PR, see Post #1145: ."Mike Hodgson and Clive Line will be presenting for Serabi Gold at our MelloTuesday 'Investing in Gold' webinar next week. Serabi will be one of four companies taking part and the presentation plus Q&A will be 30 minutes. The event runs from 6pm to 9.30pm and there are some highly respected fund managers, investors and analysts taking part in panel sessions and providing presentations"..So let's see how the SRB duo roll-the-wicket next Tuesday, the 24th. Cheers, tightfist

[borisjohnsonshair] 17/11/2020 12:15

Licence secured. The remaining permits are only subject to technical compliance - i.e. in the hands of SRB experts. No risk!

[kennyp52] 17/11/2020 11:46

I agree tiger60 ... tihs continues to stagnate whilst MH twiddles his thumbs back home. Dig the gold Serabi ... dig the gold ... where is this permit ? Rudderless it seems to me at the moment .

[trader536] 17/11/2020 11:16

Woof woof 🐕

[tiger60] 17/11/2020 10:05

'Massive discovery on the cards' - And the facts behind this statement are?



Listening to the BRR version of the 3rd qtr update at the end of the piece CL was suggesting that it would be at the latter half of 2021 we would get back to expected production. I am sure somewhere I read/heard estimates for 2021 would be in line with what was originally expected in 2020 pre Covid.

'Providing the gold price stays where it is and FX stay favourable' - But what he fails to get across is why is Serabi a good investment. The factors that he hopes stay in their favour are industry wide. Really failed to push forward the case for Serabi above others. Maybe not his job, or remit, when talking about the financials but still uninspiring.

Someone cheer me up, preferably SRB! Still holding but thinking