Serabi Gold Share Discussion Threads

[millwallfan] 14/8/2021 10:02

OAP. Thanks but I’m fully committed on shares and have been looking to liquidate most (probably with the exception of my 120k Lloyds and Taylor WIMPEY re dividends)but brexit and covid have delayed me by 5 years 😂

[oapknob1] 14/8/2021 09:10

Have you looked at CORA ?

[millwallfan] 14/8/2021 09:00

OAP. Those thoughts make perfect sense so I really hope a strong rally materialises as I personally need to liquidate ASAP and hold SRB, AAU, GGP and GFM ( minor gold impact mainly zinc). GLA

[oapknob1] 13/8/2021 21:35

Cont...Goldman Sachs is expecting gold prices to break out of their tight trading range this year, with inflation worries stoking demand. Goldman has a $2,300 price target on gold. That's a 22% rally from current levels. That's what is said to happen when you print money like mad. Stocks and assets rise dramatically ... but without any link to true fundamentals. They may get a painful reality check. And we think gold will emerge as the big winner.

[oapknob1] 13/8/2021 21:33

Asset bubbles may now be too big to burst, creating a situation that Central Banks around the world might be unable to control. If it all comes crashing down, we think there's only one place to be ...Gold. The precious metal could rise as high as $3,000 to $5,000 per ounce in the next 3-5 years. That's according to the same fund manager who predicted the 2016 gold rally. As cited by Bloomberg, Diego Parrilla, manager of the $250-million Quadriga Igneo fund that called the last gold rally, massive long-term damage has been caused by wildly loose monetary and fiscal policies, and everyone is underestimating the huge risk as central banks unwind stimulus, with assets soaring amid artificially low interest rates. "Central bank money printing isn't really solving problems, it's delaying the problem," Parrilla told Bloomberg. "Gold will benefit purely from being a physical asset that you cannot print."But the rally may start even sooner ...

[golden prospect] 13/8/2021 19:35

Thankfully not Friday 13th for accounts!

[golden prospect] 13/8/2021 13:08

UK market closes at 16:30, still time for a release

[tiger60] 13/8/2021 13:05

Not publishing the accounts on Friday 13th should be seen as a good thing....

[glasswala] 13/8/2021 12:51

This share is stuck in some kind of rut that it cannot dig(mind the pun) itself out of.

[plat hunter] 13/8/2021 12:14

Yes tighfist, that goes without saying if you are buying the value over a cheap share price. "It's better to pay a fair price for a good company rather than pay a good price for a fair company"Price is only opinion based, you could wait an eternity on people changing their minds. Waiting will never make you rich if you don't know what you're waiting for.

[tightfist] 13/8/2021 11:20

His buddy Charlie Munger said "The big money is not in the buying and selling ... but in the waiting."

[plat hunter] 13/8/2021 10:44

He also said... "Price is what you pay and value is what you get"

[borisjohnsonshair] 13/8/2021 09:23

You'll be fine

[tightfist] 13/8/2021 09:08

"Be Greedy when others are Fearful" said a certain Mr Buffett....

[imnotspartacus] 13/8/2021 08:55

I did buy this morning, I think I was the only one.

[borisjohnsonshair] 13/8/2021 08:43

What's their production, cash, expansion & exploration potential?

[imnotspartacus] 13/8/2021 08:39

Amazing cora gold has a mkt cap not for off srb!

[glasswala] 13/8/2021 08:16

I know people want clodure in tespecy of the financial accounts but people should note that historical accounts not going to show more than what has already been know such as a small chunk of cash has gone walkies and that management are addressing this. All debt for Coringa is paid and money is flowing on gold sales. We want to know future scalability and more progress in respect of ore sorters etc..I know people want closure in rspect the acvounts

[glasswala] 13/8/2021 08:07

The share price has rocketed NOT.What is the market playing at.???I think the Warren Buffet adage should be used. When everyone and market is fearful that stock should be bought

[oapknob1] 13/8/2021 07:47

Get the accounts published. Get the accounts published. Get the accounts published.

[imastu pidgitaswell] 13/8/2021 07:40

The problem is that the CEO of Serabi is a bloody geologist.

He thinks everybody else is interested in the rock substrata and details of the geology rather than how much money is it gonna make and when.

Repetitive, long winded analysis of potential is one thing; chief executive management of the business and its issues is another.

[borisjohnsonshair] 13/8/2021 07:38

Gold rocketing - crazy the US pumps US$4.5T of Monopoly money into the domestic economy, China closes its main port and gold drops!!! Gold about to sail past US$2,000.

[borisjohnsonshair] 13/8/2021 07:21

I can see this closing up 0.5p.