Serabi Gold Share Discussion Threads

[tightfist] 25/1/2019 06:37

Hi Sherry,Interesting point about lack of ii buying activity. The ii's don't seem to be motivated in the same way as PI's. They seem to be very passive and await/play the long game? Given how tightly held are SRB shares a very small amount of buying would likely have the desired (rise) effect? It's as if the BoD, Fratelli and Greenstone all want to suppress the share price for the time being. Two thoughts come to mind - does retaining all/both quotes still serve a worthwhile purpose? - has anyone a cashflow forecast that includes the last instalment for Coringa. Are we in debt or equity raising territory?One has to wonder about the funding politics between Fratelli/Sprott/Greenstone; it's really loose change to all of them!Cheers, tightfist

[sherry35] 24/1/2019 17:40

I'm going to bring up the topic about institutional buying out of the public market. There has been no insider activity in the last 6 months of any kind. I was wondering why the institutions aren't buying this up to the reverse split share price It's such a compelling story with amazing upside.

Right this very moment there 5 small orders on the ASK from 67 cents to 300 cents ($3). This stock traded one day since the new year.

The only reason I can think of is the executive team is waiting for the 4 week black out period to end before issuing stock options. I'll be miffed if they do a PP or acquisition at this very low share price It would be difficult to do because the stock hasn't traded on the TSX for 10 consecutive days.

[sherry35] 23/1/2019 18:45

POG went approx 6% higher in the forth quarter of 2018. This will help the numbers as well.

[ppvn] 23/1/2019 16:42

Financials should help. The disaster that was the q3 release was largely due to unsold inventory so let's hope they've made good in the final quarter.

[sherry35] 23/1/2019 15:41

Igor, it's alive. SBI traded on the TSX today. I suspect the bot/algo traders are ramping up based on 7 share trade by house 5 and 7. I've seen this behaviour on other TSX stocks. Look for the small lot trades like 500, 200 and 1000.

With the tight float, this rocket could go supersonic. The propellant is running two or three drill rigs, and commissioning the Coringa mine. The need to prove up 2M ounces by EOY 2019.

Jan 23 09:57:15 AM 0.53 1000 13 80
Jan 23 09:57:15 AM 0.53 1000 79 80
Jan 23 09:30:00 AM 0.53 7 NBDLT 5 7

[sherry35] 18/1/2019 19:44

Laptop - Check your inbox

[ppvn] 18/1/2019 17:27

Serabi always release financials about 3 weeks after the operational results.

[sleveen] 18/1/2019 17:19

Great set of OPERATIONAL results.

A cautious person might ask why no financials?

[ppvn] 18/1/2019 16:30

Gave up a bit of ground today but good to see more buys than sells. Interest here does seem to be slowly increasing (from a very, very low base!!).

[sherry35] 18/1/2019 04:45

Northern Miner published a summary on SBI's 2018 production and future expansion plans/targets.



The source for the article:

[sherry35] 18/1/2019 00:46

I noticed the ore sorter to be commissioned "in the second half of 2019" where the "management expects to see an increase in gold production in 2019, with production forecast to be in the range of 40,000-44,000 ounces." I thought this was to be commissioned 1Q19. I wonder what the gating factors that's moved the commissioning to second half.

[laptop15] 17/1/2019 19:07

https://twitter.com/laptop1515/status/1085870316029730816?s=19Key indicators showing BUY on all indicators now :)

[laptop15] 17/1/2019 19:06

https://twitter.com/laptop1515/status/1085916911127461889?s=19

[ppvn] 17/1/2019 11:09

Geochemistry and possibly drilling the anomalies that the HTEM survey picked up would be a decent move as sherry has alluded to.

I sincerely hope this is the much lauded double bottom and serabi can recover from here. Market cap still laughable and just hope they can get more people to trade the name. The directors need to show some confidence and buy; so much potential and it's just slipping by unnoticed.

[laptop15] 17/1/2019 08:30

CORINGA drilling to be completed by end of January so could be some very exciting results from our new 3rd gold mine on the way :))

[ppvn] 17/1/2019 07:25

Certainly not too much to argue with in there. Only disappointment for me is that the x-ray sorter commissioning isn't going to happen until H2 2019.

This takes production back to where we were and the PoG has also bounced back to 2017 conclusion levels. Will the share price reflect? Certainly with some director buys we'd be off to the races.

[laptop15] 17/1/2019 07:24

https://twitter.com/laptop1515/status/1085799479750451200

[laptop15] 17/1/2019 07:10

Grest Quarterslies, 20% increase in production from Q3, 20% increase in grade, highest quarterly production of the year. Over 10,000 oz and has passed last years production also. Some nice exploration parts to the RNS Also

[laptop15] 16/1/2019 22:23

Hi Sherry, I'm living in Dublin but from England originally. I just sent a couple of emails to the address on website, had no response to first one and they got a big response to second one. I've sent another one yesterday and waiting for a response. Just sent you a private message too.

[sherry35] 16/1/2019 18:13

Laptop - Its to know that the officer team responds to some investors. Are you living in the UK? Us CDN investors seem to get the cold shoulder when leave inquiries on their cell phone inboxes and SBI Web page. I find this very frustrating that officer team and IR firm never respond to CDNs.

Anyways, please inquire about their drill program this year. With the forecast increase in POG by Goldman, I would like to see two to three drills operting on the three mining properties. One drill should be dedicated to drilling up targets on the Sao Chico permits.

[laptop15] 16/1/2019 12:45

Yes Anyday now for the quarterlies, Clive came back from his holidays on Monday so I'm guessing he's busy preparing the figures with Mike.

[ppvn] 15/1/2019 13:53

Q4 results this week? Last year was on 18th Jan.

Fingers crossed there is news on many fronts; need a bit of positive info here!