Serabi Gold Share Discussion Threads

[borisjohnsonshair] 24/11/2021 12:18

Yes and I'm sure MH was in Brazil. TraderClown seems to think the CFO needs to be down a mine!!!

[charlie9038] 24/11/2021 12:01

They did buy a load of shares end of October which is normally a good sign especially after a good qtr.

[charlie9038] 24/11/2021 09:13

Or a week?

[millwallfan] 23/11/2021 16:27

Tomorrow never comes !!

[borisjohnsonshair] 23/11/2021 09:06

The leak was about something soooo amazing, they've had to delay it, to cover up the leak. What an amazing opportunity. The resident morons will miss out!!!

[plat hunter] 23/11/2021 09:01

Guess it's tomorrow again

[borisjohnsonshair] 22/11/2021 14:18

Cos it ain't today

[charlie9038] 22/11/2021 14:07

why tomorrow?

[borisjohnsonshair] 22/11/2021 12:25

Quiet today. Details of the leak could be revealed tomorrow morning. Unlikely today - take over, open pit mine, license, discovery, increased production - the list of likely good news is huge.

[tightfist] 19/11/2021 18:44

It seems as though the Brasil management team is being totally overhauled; if correct, and I was CEO, I would want CL out there for Team-building purposes. Aside from that there is the need to make the reporting (including assays) and audit process a lot more robust - who's to say who is involved in that - a few months ago they did talk about out-sourcing the audit part?.A slight delay on the Q3 financials is relatively small beer? Cheers, tightfist

[cotton4] 19/11/2021 17:52

In one of the recent interviews, MH and CL were to be going to Brazil shortly. I can understand MH being there for Coringa etc but I can't understand why CL should be there at the expense of the Q3 financials being, imo, "delayed". Given the fiasco with the accounts this year, you might expect an effort to return to reporting as normal, but no. Add to that the recent director buys, leads me to conclude that something of a financial nature requires CL's presence in Brazil - takeover/ buyin who knows. One thing for sure is the time spent on the audit should make any due diligent process a lot more straight forward. As always pure speculation on my part.

[zzfritzz] 19/11/2021 15:36

If there is some good news out then looking forward to seeing it officially and the price action that follows. Hopefully not a “sell on the news” event.

[imastu pidgitaswell] 19/11/2021 15:21

Nah - if so, why not this yesterday, or the day before?

Buys coming straight out of the blocks, 50 trades by 08:05 - usually don't get 50 trades in a bloody week, never mind 5 minutes - something triggered it. And all the day after their dropped the price from 72 to 70.

[king suarez] 19/11/2021 14:32

IMO just the beginnings of a gradual re-rate towards something like fair value combined with confidence in a strengthening gold price.

The accounting 'shenanigans' are in the rear view mirror and the traffic on the road ahead is decreasing (Covid/staffing issues) - increasing production and profits can be viewed out the front windscreen, fuelled by petrol tank full of cash from the recent placing, being topped up each month at the petrol station. We just need a few additional spare gas canisters in the boot to get us to our final destination..

[zzfritzz] 19/11/2021 14:31

Somethings leaked. Months have gone by and then a 10% swing!

[imastu pidgitaswell] 19/11/2021 14:30

No idea - I can't see that anyone has established what kicked off the interest this morning, after all these weeks and months.

[kennyp52] 19/11/2021 14:27

Bid rumour or just start of re-rate ??

[bsg] 19/11/2021 14:11

Don't want gaps, there nearly always filled.

[borisjohnsonshair] 19/11/2021 14:04

Auction - gap up coming.

[millwallfan] 19/11/2021 13:23

Tight-fisted thanks for the reminder on AISC - I knew it had risen a lot but not that far, sub $1000 seems to the average and that’s nowhere near best in class. Let’s hope they can get it down and if PoG really does stay plus or minus $1900 then increasing production will be the key to fair value.

[borisjohnsonshair] 19/11/2021 13:13

Man after my own heart!!!

[deanmatlazin] 19/11/2021 13:09

Initial mine development commenced at Coringa setting Serabi on its path
to achieve mid-term objective of becoming a 100,000 ounce per annum gold
producer.

Join you guys after I read the potential of producing 100000oz per year. If they make about $600 profit per oz = profit equivalent to $60m per annum.

Current market cap too small for the potential profit. I expect the share price should be quadruple by end of next year

[tiger60] 19/11/2021 13:06

Will they still wait until Monday?

[tightfist] 19/11/2021 12:56

Looks like it Cotton. I would anticipate a low-volume retest of ~75p before we move higher; however, given today's volume maybe there is news pending? Cheers, tightfist