Serabi Gold Share Discussion Threads

[sherry35] 14/1/2021 07:01

tightfist - I'm sure you know the phrases 'Blink, damn you" or "pull those pistols or whistle Dixie or "sit or get off the pot"
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The ore sorter video eluded to SC ore variant. The equip.engineers were on site and SC ore shows up everyday. So, did they follow up?? Not sort able or there would have disclosed finds..
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I was thinking the same on Coringa. SC scale maybe throttled or limited by mining license. All this equip. is moveable when the roads defrost. Move the Cor equip mill to SC license permitting of course.
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Do a farm-in on the AA property.
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They need to have rotation in-country shifts between CEO and Clive. Hire the relatives of customs and shipping authorities as mining labours. Do some shmozzing in Latin America country.
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They certainly aren't innovated and money hungry like me.
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Do you channels to FI directors? They need tpo be given a different story other the fairy tail one presented one every week. CEO needs mor eaggressive - then he gets his bonus.
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Hire me. I'm innovated, money hungry and have her immuity. I have ivermectin on counter. C19 kill freqs.
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Earn those @#$% bonuses. Think in the absence of a box. I CAN!!!

[kennyp52] 13/1/2021 21:44

Production , production , production .. that’s what I want to hear from the BOD ... and that they are on site working hard !

[ironstorm] 13/1/2021 17:04

There is as you guys say loads of potential here. If I could have a new year wish I would like to see things speeded up just a tad.

I would prefer to have them really focus on a couple of areas and move them forward significantly - it feels they are just doing the minimal on a number of things.

I don;t mind whether it is the Coringa Plant to accelerate cashflow, more drilling, Coringa or whatever. Otherwise this will drift.

Having said that we did alright last year with Covid - just need a more vigourous attitude.

[tightfist] 13/1/2021 16:53

Ah-ha; the current Ore Sorter is commissioned on Palito ore, but the SC ore has different optical characteristics and would need a modified process (colour versus x-ray); I don't recall that work being optimises and completed/reported yet. And they wanted an early representative sample of Coringa RoM ore to check that is as sortable as Palito ore. So, in short, I guess they will not be ordering a second ore sorter just yet. .BTW I still wonder if they will move and install the over-capacity Coringa plant at SC for earlier cash flow, and follow-on with smaller plant for Coringa.....may just be why the Coringa timing commissioning seems to have been extended? No idea about the licensing implications..... And could be why SC drilling is priority too..As for possibly moving exchanges, we have no idea on Fratelli or Greenstone's views. I saw a shift with another goldie and it was catastrophic! Presumably the company legal framework would also need to be re-cast?.Cheers, tightfist

[sherry35] 13/1/2021 16:15

tightfist - Delist to the Venture to reduce filing fees. This company is 80% owned by institution, of one size or another, They are fundamentally invested because of the buried Au. You are and so am I. Drop to the TSX Venture continue to produce CRISP filings with a NI. The NI represents the buried Au worth

And, no more eye watering bonuses with a 2020 recession predictably bearing down us. Give them stock options.

[onehanded] 13/1/2021 15:28

think you guys are in the wrong country for gold. Gone into this company, will be massive and a deal with the state owned government mining company. Worth a look, good luck here.

Hi guys, sold on the 4th and took small profit as had info on a new gold company that looked interesting. Since not been back here to 'dis' company. The company is called Tanzanian Gold Corp (TNX) traded TNX in Toronto Stock Exchange (TSX) which opens 2.30pm - 9pm and in 1 CAD (Canadian Dollar). Worth a look and read about them. I have started a thread under TNX. They joint venture partner with the State Mining Company (STAMICO) to submit an updated mine plan for the Buckreef Gold Project to the Mining Commission in Tanzania. STAMICO, which is 100% owned by the United Republic of Tanzania (the Government). Buckreef gold project will be massive and will see substantial profit for Tanzania gold corp. Though this not the only revenue driver looking forward for this company.

[sherry35] 13/1/2021 15:22

tightfist - My only comment for now (maybe). Forward think and order the second ore sorter yesterday. The outlay is spread over 12 months with final payment contracted in for 2022 payment. Miners move equipment all the time. If the SD ore is identical to SC ore, and sortable (outstanding unknown), then order the damn thing

Dealing with @#$% migration right now. Vaccine permafrost hitting North America.

[sherry35] 13/1/2021 15:13

tiger60: I posted with Off Topic disclaimer. Given your response, just filter the post or me.

[tiger60] 13/1/2021 15:06

Seriously?

[sherry35] 13/1/2021 14:52

OT: BJH (editted) - To further add based on your inquiry. The two posted herbs are very powerful. The parasites have become resistant with means more meat eaters will get infected. Strongy;loid infections being the worst.

Clove have been know to stun and kill eggs. I'm taking Nexus suppositories for extra-body infections. I'm use carbolic soap for body and clothes. May destroy under garments every month and wear new. I wear Costco cheap leggings all day to quarantine the fleeing larva.

Mimosa being known to stun/freeze the worms. This stops the macro worms from fleeing considering there size (bigger than a blood cell and mobility) I use a programmable Magic Bean II bio-resonant machine (F165 SG11 remote/emitter) with my own engineered touches. This is used to treat extra-intestinal infections inside the human body. ALZ and TNZ are extremely good larva and cysts busters with the former being used with micro worms anti-biotics. synergistic touch of course. ALZ does not kill adults. PERIOD!

Contact in the USA sells the units on behalf of Sutherland practitioner.

I hope this wasn't a waste of your time.

[ppvn] 13/1/2021 12:27

Hiya Tightfist,

Whilst a little frustrating its not entirely unexpected! As you know I'm not here for the fast buck necessarily rather I like their plans and I also appreciate the fact that both Clive and Mike appear to me at least to be good custodians of shareholder cash - I.e. they aren't in a hurry to spend spend spend on unnecessary things. So, whilst I'd obviously love for the share price to have been a tenner by now, I've been building my shares further and now have c. 50% more than when we last met. As I say, I'm confident I'll see a great return here and we do seem to be closer than ever to the elusive multiple rerating.

Thanks for the reminders on the drill programs; whilst covid slowed the progress it is nice to see that now the cash is beginning to flow that they are spending it on further building their resource base. I can't help feel that there are great things to come from the exploration as we have discussed multiple times over the months and years!

Let's face it, since the 30p lows we have seen a very healthy return here - I still maintain the pog is going to be closer to $3k than $2k by year end and I also believe that as far as risk goes, this share is a safer bet than most.

[tightfist] 13/1/2021 10:28

Hi PPVN,Appreciate your frustrations with both Gold and SRB......Following our recent SC comments, I looked back and found the 3/3/20 RNS most insightful, including: "We have now completed approximately 40 per cent of the planned drilling programme which will continue until mid-2020 following which the Company intends to undertake a new mineral resource estimate during the second half of the year. Results from the remainder of the drilling campaign will be issued as they become available over the coming months".AND." This step out drilling is significant in that it further highlights the potential in the Sao Chico area for new discoveries within the Serabi's tenement portfolio". (They also commented that when "Sao Chico orebody first went into production drilling had been limited to testing of the orebody directly below the original artisanal workings" - cf Toucano drilling?)..Only 23 days later they warned of COVID uncertainty - the rest is history.... On the presumption that they have re-started 6? months after where they left off we could be looking for some resource re-estimation within the next few months - maybe we will get a sniff of this, and the initial Toucano results, in the Q4 production update within the next week?.Cheers, tightfist

[sherry35] 13/1/2021 02:01

BnB - HM and LC have never returned my calls in the colonies. I met them once at the Toronto PDAC in 2019. I hovered around for 10 minute watching their empty booth. Studying human behavior is past time when working at Sunbeam.

[kennyp52] 13/1/2021 00:04

You’ve had too much sherry .. Sherry35 . Take a day off and give your bowels a rest .

[backinblack80] 12/1/2021 23:53

Yep Sherry35, gr8 pic. I note your comments. Have you put them to the BOD?? If so, please let us know if you get a response...If not STFU....

[sherry35] 12/1/2021 20:27

I still love this picture from www.zerohedge.com

[ppvn] 12/1/2021 18:49

I don't disagree tiger. To be honest I'm not so active in terms of trading and serabi rather fits my investment profile - I.e. steady growth that should return me 500-1000% over the course or a few years with a smaller chance of losing it all.

I'd love to try and short the US as I think its absolutely ridiculous in terms of valuation, but the reality is that what else is there to buy? I favour gold over other investments as whilst it may be old school, I believe in its fundamental value i.e. desirability. Bitcoin and the other cryptocurrencies I'm not personally a fan - I don't understand enough about them to stick my hard earned there.

[tiger60] 12/1/2021 18:34

Looking maybe more at the terms of employment history. Nothing ground breaking but good to have full details (bottom)

TBH I am losing a bit of faith in goldies at the moment seems golds rise is pegged back at every opportunity - Bitcoin the new gold, rising treasury yields (which is due to expected interest rate rises to tackle expected inflation which should be great for gold but strengthens the dollar) and even with gold at 1900 levels many producers/explorers hardly twitched. It does not seem to attract the hot money or the institutional funds. Getting frustrated watching other picks, in other sectors, move a lot quicker. The lost opportunity cost of favouring goldies has been costly. Frustrated and not adverse to revisiting my preconceptions. Could do with a good day when markets are at all time highs - that tells me my emphasis on gold has so far been the wrong call. Hoping for better days to come but how long to wait? As an aside opened a small put on US500 mar expiry and will add as I go.

[ppvn] 12/1/2021 18:25

Hiya Tiger,

Afraid that's less exciting than it could first appear. Because Greenstone were extending CLNs to Serabi that could have taken their equity holding above 40% they had to do all that to get the approvals through at the time. Don't think there is too much to read into that.

[tiger60] 12/1/2021 18:10

It is getting very surreal here.

Note go to serabi gold website, investor centre, waiver of rule 9 then scroll right to the bottom of the page and there is an option to select enter...interesting

[ppvn] 12/1/2021 18:07

There is another thread for your carping Sherry- I'm sure traderxyz would be pleased to have you there.

Posters have already discredited your posts here so I'm afraid you've made the filter list...