Serabi Gold Share Discussion Threads

[ppvn] 01/8/2019 11:41

Ha, this is why I got confused and just paid the 0.5%!

Small beer on the spread most of the time anyway!

[goldry] 01/8/2019 11:27

Interesting, thanks for the info. I wonder what the difference is for TXP. Just checked and definitely haven't paid stamp duty. If I find out any more I'll post.

[goldry] 01/8/2019 10:53

I hold TXP which is also dual listed on TSX. No stamp duty payable on that stock

[goldry] 01/8/2019 10:44

Thanks for replying. I thought it was automatic on AIM. Oh well, just hope it is worth it :-)

[ppvn] 01/8/2019 10:31

I spoke to my broker about that as I wondered too. Apparently Serabi need to apply for an exemption but I wondered if it was something to do with their canadian listing.

Never got around to asking them directly as wasn't too fussed in the end!

[goldry] 01/8/2019 09:44

Bought anyway, still curious

[goldry] 01/8/2019 09:42

Was going to buy in and noticed that there is Stamp duty to pay. Why is that on an AIM listing?

[borisjohnsonshair] 01/8/2019 09:06

Why predictable? I'm surprised by MCAP. Gut tells me to load up even more. I can see this at least double in 12 months.

[gregpeck7] 01/8/2019 08:43

Painful few days... We all know what is going on behind the scenes here though.. Turn off the monitors and come back when this seller is clear... Its not a liquid stock and can move around more than it should at times like this! It is a buying op though, no doubt. I expect we will see the PEA next week..

GP

[tightfist] 01/8/2019 08:36

OMG! Crank-up the PEA printing press Clive!

[jeanesy] 01/8/2019 08:30

Predictable fall below 50p so far. How low are these going to go ?

[tightfist] 01/8/2019 08:08

Hi QS, suggest you take a look back to #2310/2311 to help with the question"why SRB?" (to which you need to add to the list the commissioning of the Ore Sorter, hopefully during Q4)..IMO there is a lot lot more to SRB prospects than PoG movement; the latest weakness in PoG may create another buying opportunity very soon, (before the Coringa PEA is published?).Cheers, tightfist

[jeanesy] 01/8/2019 07:25

Expect price to fall below 50p today with this fall in POG .

[gregpeck7] 31/7/2019 23:48

ECB will start printing money in September. Monetary policy is going one way. Looser. The fed still need to sell debt so they will delay the truth as long as possible.

[jeanesy] 31/7/2019 19:22

Some late trades reported but still not enough to warrant a fall today. POG fell on news and is now recovering . Now awaiting the conference which will tell us whether a further cut is likely in the near future..... sounds like not which is which POG is now falling again !

[gregpeck7] 31/7/2019 19:08

Sooner or later people wake up. They have nowhere to go from where they are. Money will be created and gold will rise. They will play the usual games though before it really starts rising strongly.

[gregpeck7] 31/7/2019 19:07

Fed have cut rates and the vote was 8-2 in favour so the momentum is there. I think 2 more cuts this year...

[ppvn] 31/7/2019 17:22

Ha! Don't tempt me. I already hold far too many of these as you know!

[gregpeck7] 31/7/2019 16:24

Yes PPVN, we just need this seller cleared out then we can move on to a sensible price. Take advantage...

[jeanesy] 31/7/2019 16:24

Still yet more buys and barely a reported sell. MM'S manipulation or delayed selling. Time will tell.

[ppvn] 31/7/2019 15:35

I'm fairly sure that this seller must be Garraway - they were sellers back in May and they stopped selling once Anker dumped a load and the share price went below the mid 40s.

As a reminder, Garraway acquired shares from City Financial that went pop back at the start of the year (I.e. so rather than having paid 72p as c&f did, garraway paid a lot less). We will I'm sure find out soon enough.

Annoying but there you go! At least these are really cheap again. I just worry I'm going to end up with even more of them.