Serabi Gold Share Discussion Threads

[rame4] 04/8/2014 15:46

Ashbox,

A bit more info for you that I posted some time ago...

hxxp://www.assetchile.com/wp-content/uploads/2013/10/Article.pdf

You'll need to translate.

[bsg] 04/8/2014 15:26

This is sooo unloved at the moment.

[tightfist] 04/8/2014 14:08

Am I right in thinking they aim to be a regional consolidator? I guess they will want to use paper (as for Sao Chico) as well as generated cash to speed themselves on that journey, and that is why they want quotes on public markets?

[ashbox] 04/8/2014 14:04

Cheers chaps.....

[rame4] 04/8/2014 13:38

Fratelli are a subsidairy of billionaire Piero Solari Donaggio who has made his and his family's fortune through retail and other investments.


hxxp://www.worldsrichpeople.com/piero-solari-donaggio.html

Their investment in the Palito project demonstrates that they are looking to develop a "robust and bigger gold company" around this. I understand from Mike Hodgson that Fratelli are not looking to buy the company out but to have Serabi either be acquired or be an acquirer that leads to a large (400,000 oz +) gold producer. You can look at previous interviews with MH to confirm this.

I'd say that judging by Fratelli's previous investments they know they are on to good thing!

MH has already hinted at the total resource of Serabi being much larger than has been officially announced.

The 200 day moving average is in an up trend with the 50 day ma having breached the 200 a week or so ago. (Golden Cross - if you follow bullish chart indicators)

[cotton4] 04/8/2014 13:22

Look for a few short term snippets.
Half year results, production volumes for July being first month of commercial production, production costs. Then we have Sao Chico to look forward to.
Ashbox- Fratelli have already said they have no intention of acquiring the company, it is a pure investment. However that could always change.

[ashbox] 04/8/2014 12:44

With Fratelli owning more than 50% of the company do you guys think their medium term strategy will be to buy the company out? I'm not sure how far the price could break out under that scenario as they wouldn't want to pay too much. Just my view and would be interested in any opinions....

edit: not to sure on what Fratelli does / whether they own co's or just invest....I couldn't find much on google

[tightfist] 04/8/2014 12:03

Rame4,

Thanks for our postings on SRB. Been in here a while now, patiently awaiting the breakout - I like Hodgson's style - seems pretty straight and open. And Sao Chico could get exciting in a while.....

[rame4] 04/8/2014 11:12

or maybe not.

[rame4] 02/8/2014 08:35

hxxp://www.sharesmagazine.co.uk/articles/serabi-on-the-cusp-of-profit#.U9yTsdq9KK0

missed this, but references the potential return against the current gold price fluctuation.

TSX dropped at the death so next week could see a retracement or an opportunity if you look at it that way.

[rame4] 01/8/2014 07:45

July 31 2014 Bullish Technical Indicators: New 52-week Highs:

SBI.TO Serabi Gold plc TSE

Mid price: 0.115

Volume: 233350

[josephrobert] 31/7/2014 19:48

Might be helpful for some - he seems like an honest guy

[cotton4] 31/7/2014 15:54

Still below the radar

[rame4] 31/7/2014 15:34

Heavy volume and price climb on the TSX could have something to do with it.

[mofan] 31/7/2014 15:29

we are a patient lot here.

[cotton4] 31/7/2014 14:34

Those that are buying are interested

[rame4] 31/7/2014 14:31

A position is clearly being built in the background here. A few sells and then a tick up. 1v1 at the moment following 3v2 for best part of the day.

Not that anyone is interested...

[rame4] 30/7/2014 21:41

Serabi Gold (SRB)

Extended basing within the 2013 price channel floor.

Latest price action strength backed by unfilled gap to the upside through the 200 day moving average

Target towards last year's price channel top at 8p by September.

[rame4] 30/7/2014 14:13

Spread bet coverage



8p as a minimum over the coming weeks

[rame4] 30/7/2014 12:57

Oldish news I know but Serabi are now stepping on the global news stage with its commercial production declaration:

hxxp://www.onenewspage.us/n/Business/750jcbj95/Serabi-Gold-shares-soar-as-declares-commercial-production.htm

Serabi Gold (LON:SRB) (TSE:SBI) shares shot up Wednesday in London as it said commerical production rates had been reached at the Palito gold mine in Brazil as of the beginning of this month.

Total mine ore production for the second quarter ended June 30 totalled 15,808 tonnes at a high grade of 11.36 g/t of the yellow metal, while the total milled production for the second quarter stood at 18,645 tonnes at 8.08 g/t Au.

The firm said it was confident of a strong second half.

Chief executive Mike Hodgson said: "The first quarter of this year saw a steady ramp-up of mill production, with throughputs during the second quarter continuing to increase."

He added: "The second quarter of 2014 has seen great activity in the process plant at Palito.

"We have now installed and are about to commission the second ball mill and have completed the rehabilitation of the cyanidation recovery plant which will start to be commissioned before the end of July following which the leaching tanks will start to be filled. The first elution and gold pour is scheduled for early September."

[rame4] 29/7/2014 11:34

Perhaps some unexpected news out at the TSX opening.

[rame4] 29/7/2014 11:01

4v1 today, still very short it appears.

[bsg] 29/7/2014 10:57

Just need some more recognition.