Serabi Gold Share Discussion Threads

[borisjohnsonshair] 08/4/2024 10:19

Imagine the state of the business if it was down to the integrity and ability of the management. Despite all this it's a great business due to the gold price. If the Board had balls they'd get good management and we'd be at 600p. Hopefully major changes are forced by the weak leadership of Greenstone. They need to be forceful to enhance their credibility

[borisjohnsonshair] 08/4/2024 10:16

It's a contradiction to the interview MH had. He said Vale keen to proceed. It's recorded!!!He needs to go.

[meanreverter] 08/4/2024 10:14

Buried in the fourth paragraph of comments, below the main report of an RNS posting detailing assays from 30 (?) augur samples (1 good, 7 poor, the rest zilch), we find:

“Whilst Vale have, during this week, informed us that they wish to withdraw from the exploration alliance, . . .”

That this was posted at 7 a.m. on a Monday morning prompts the question of what is meant by “this week”.

Vale's involvement was well trumpeted by Serabi, and its withdrawal should likewise have been reported promptly in a separate RNS posting.

[borisjohnsonshair] 08/4/2024 10:03

My mate at Rio at Bold Baatar says he's very keen as Vale not. This is your opportunity to not lose TraderNoron, but you can't see it LOSER. Todays news just made me another seven figure sum

[borisjohnsonshair] 08/4/2024 10:01

Ha ha ha - you LOSE again LOSER. MH mentioned the lady at Vale says yes but she takes time!!! I heard otherwise.

[borisjohnsonshair] 08/4/2024 10:00

Ha ha - you clearly weren't shorting last Friday. I had the nod from a lady at Vale

[trader465] 08/4/2024 09:55

“It was unambiguously indicated”

By whom? You, you dopey muppet

[bsg] 08/4/2024 09:55

You out now Boris?

[borisjohnsonshair] 08/4/2024 09:52

It's pretty clear that they are cold faced liars. It was unambiguously indicated that the senior lady at Vale was prepared positive news.

[loganair] 08/4/2024 09:38

If 200 million Chinese buy just 10oz each = 2 billion oz of gold to be bought.

[saint in exile] 08/4/2024 09:33

Yep the cards are on the table and gold goes much higher from here

[loganair] 08/4/2024 09:15

I hear the surge in the gold price has got to do with:

1. Record amount of central bank buying - can no longer trust the USD.

2. The middle class, 200 million plus people, in China use to invest their savings in real estate which has now gone right down the toilet so they are now investing their savings in gold instead.

[trader465] 08/4/2024 09:01

Back to 50p support Boris?

[tightfist] 08/4/2024 08:56

Not the best way to celebrate Gold at $2,337.....

[bsg] 08/4/2024 08:46

Back into the 50's by the look.

[rachael777] 08/4/2024 08:40

I hope they’ve cranked up the overtime to produce a bumper first quarter production number whilst gold is sitting at elevated levels. The market (and me lol) won’t stomach another disappointment - finger hovering over the sell button lol

[bsg] 08/4/2024 08:29

Disappointment and it was all going so well.

[rachael777] 08/4/2024 08:26

I’m not a geologist but their results at Matilda suggest it won’t be commercial to drill - so why not come out and say that?

[tightfist] 08/4/2024 07:49

There are a lot of moving parts in exploration, who is to say what Vale's criteria were and now are, and what competing projects they have.. For me, Exploration remains the icing on SRB's cake, but the flavour (and depth!) just changed. The operational fundamentals and cash flow are impressive enough IMHO, at least for the next few years.

[rachael777] 08/4/2024 07:25

Is this the usual smokescreen put out by Serabi . Vale are out but no reason given so let’s just try and justify our existence by releasing a load of detailed info to suggest there is something worth pursuing. It wasn’t what Vale we’re hoping for is the only thing I can assume

[nimrod22] 07/4/2024 22:50

There's an excellent article in Bloomb.... this evening "The Gold Market Hunts for Answers Behind Bullion’s Sudden Surge" which explores all the possible reasons for Golds rise, there are more than a few, but none really definitive.