Serabi Gold Share Discussion Threads

[littlepuppi7] 23/8/2019 12:44

I think it's ready mate, if we get 100k if buys it will rocket but the sells lee being dropped in. Thing is once the inpatient are out, they are out. The next rise will be even more dramatic and this valuation is a steal. People should be topping up like mad imo.

[tightfist] 23/8/2019 12:40

Doesn't seem to be ready to rise yet..... not sure the sellers will quieten down until the PEA (and Coringa Resources?) are out in the open?

[ppvn] 23/8/2019 10:02

If the sellers have finally departed the next positive news will take us over a pound imo.

The source of shares available for sale will hopefully / has already dried up so next stop is considerably above the 3.6p level (72p in new money) that Fratelli/Greenstone etc bought in at.

It has been a patience tester here, but the company has been doing well! Not their fault that their investors bought illiquid rubbish elsewhere and had forced redemptions!

[tightfist] 23/8/2019 09:52

Surely there are thousands of ways to benefit from a potential increase in PoG - or vice versa...For new BB visitors take a look under the SRB bonnet and see IMO the great company-specific possibilities.... they are currently generating operating cash at a prodigious rate ([PoG - AISC]*Production = 35% of MC!) and have short-term access to lots of ways to dramatically improve production AND reduce costs..Good luck! tightfist

[littlepuppi7] 23/8/2019 08:41

Centamin up.. I think a good day today.. see what the fed do. Be nice to see gold rise , seems to be just kept under water slightly every day. It will blow higher soon...

[edjge2] 23/8/2019 07:54

FED today I think, probably a damp squib.
Serabi my fly after a downer achance to buy some more.

[littlepuppi7] 23/8/2019 00:10

Ps think good has been quiet for a few days. I'm expecting a big move up soon.. fed speech tomorrow... could be interesting.

[littlepuppi7] 23/8/2019 00:10

Thanks Logan..

[ppvn] 22/8/2019 19:18

I hope it's the PEA report...

[tightfist] 22/8/2019 17:05

Have the MM's all got degrees in Psychology and PI's are merely animals to be experimented upon! The ongoing delayed trades take some believing.....

[borisjohnsonshair] 22/8/2019 16:53

Apologies accepted but I want a full report on my desk by 8am.

[ppvn] 22/8/2019 15:54

Hi Boris,

Apols, been having a look about and can't find the link. It was talking about the gold discount to M2 valuation - basically the US money supply divided by all gold mined since 1986. Its approaching record discount levels (which could go some way towards explaining why central banks have and are buying lots of gold).

[loganair] 22/8/2019 14:52

Both US Manufacturing and Services PMI have just come out weaker then expected.

[littlepuppi7] 22/8/2019 14:47

Gold just flew itsnow up.

[borisjohnsonshair] 22/8/2019 14:17

This will send the value to 2000-3000 over medium term and 5000 eventually

[borisjohnsonshair] 22/8/2019 14:16

Are you going to share it with us. The biggy got me is the number of countries who want to move away from the US$ Standard. None can compete with US$ and Yuan won't become next US$, so gold will return.

[ppvn] 22/8/2019 14:03

If gold pops higher it'll help things along here I guess.

I read a very positive piece with regard to gold price vs. money supply being at pretty much an all time low. As you're all probably well aware I'm very bullish the yellow stuff but it's nice to hear financial analysis of the case for gold - and not from the gold permabulls either.

[littlepuppi7] 22/8/2019 13:54

Nice chunky buy from earlier.. everything under 10k delayed... it's working it's way higher.. this has not moved for ages now.. it will.

[borisjohnsonshair] 22/8/2019 13:37

It's gone dull

[littlepuppi7] 22/8/2019 12:13

Cfeq on the bid... they have been the ones offloading stock... ( always on offer for large trades seemingly) very good sign.

[borisjohnsonshair] 22/8/2019 12:12

You can sell large above Bid. First time for very big time. Seller gone!!! PARTY

[littlepuppi7] 22/8/2019 12:02

But never been more overweight serabi than I am now...

[tightfist] 22/8/2019 12:02

Hi PPVN,Thanks for the refresher. I agree with your thoughts, I was just starting to wonder if we had a third desperate seller!!Onwards to the PEA release....... I am away on holiday from the 29th, so hurry-up MH! tightfist

[littlepuppi7] 22/8/2019 12:02

My ammo is down mate... will take some more next month...