Serabi Gold Share Discussion Threads

[littlepuppi7] 26/8/2019 16:29

Well I can't see the mm's selling any at 70p...

[bsg] 26/8/2019 16:14

Don't want gaps.

[littlepuppi7] 26/8/2019 16:08

Gold looking very strong. This gaps up tomorrow for sure

[borisjohnsonshair] 26/8/2019 14:40

Trump is talking total nonsense about phone calls with his people and their people. He's a deranged lunatic. Golds gunna go through the roof.

[1kiwi] 26/8/2019 13:37

Good afternoon all,

I hope you are enjoying the weekend, I saw this recent post added to FT.com on Friday for SRB "As of Aug 23, 2019, the investment analyst covering Serabi Gold PLC advises investors to purchase equity in the company".

Anyway, regardless what underlying motives brokers and advisors have one thing they do not have control over is the price of Gold and the current geo-political climate that we are in. I remember when Gold was at the heedy heights of $1900+ all those years ago last time there were fears of a global slow down and contagion. Makes for a very interesting week ahead here

[loganair] 26/8/2019 09:58

German IFO business expectations lowest since 2008 crisis.

[loganair] 26/8/2019 09:56

Being reported - Global recession in next to 6 to 9 months, there could be a brutal correction in the stock markets.

Indosuez - It is time to protect your wealth from the gains made over the past few years.

[littlepuppi7] 26/8/2019 09:55

Exactly, plenty to come. Also remember traders love all of this volatility and it's obvious China wants a deal, so fed the USA.. but both want a deal that suits them and there is the problem as they are opposing views of what is a good deal. But clearly they do 'want' a deal... gold will go back up as this to and fro will carry on for some time. Meanwhile different parts of the world wi start printing money.

[loganair] 26/8/2019 09:29

Trump is a dishonest as the Chinese or most other people, just that his dishonesty has a greater effect on the world.

[borisjohnsonshair] 26/8/2019 09:24

Trump can't compromise and the Chinese can't be honest.

[borisjohnsonshair] 26/8/2019 09:02

Mad that Trump says China wants to talk and the PCE drops. The Chinese economy can compete in a fair market. No deal will be done but even if it is, they won't comply with it.

[jeanesy] 26/8/2019 07:58

As well as the strength in POG we have the PEA news to come this week, probably tmw. if it is favourable then we could see some nice gains here !

[loganair] 26/8/2019 00:39

Now passing 6,390 BRLs & $1,548

[loganair] 26/8/2019 00:09

US - China trade war ramps up by Trump.

In return, China says they'll fight the US to the end when it comes to the trade war.

[loganair] 26/8/2019 00:08

Price of Gold 6,382 BRLs & $1,546

[loganair] 26/8/2019 00:05

Chinese Yuan now fallen to 7.17 to the USD.

[bmnsa] 25/8/2019 23:54

Much Higher now:)

[littlepuppi7] 25/8/2019 23:02

Gold opened up 15 usd.

[ppvn] 25/8/2019 18:38

Funny you mentioned Christmas - its feeling a lot more like Christmas here the higher the POG rises. It's not that often that I get feelings like this about shares but this one I'm really feeling supremely confident about.

I bought my initial stake here a long time before either Anker or then Garraway sold out, so I know how tricky it's going to be for anyone looking to buy. I've ended up with way more than I had here so yes, I suppose thanks to the both of them.

Now it's just a case of waiting for the money to come rolling in!

[littlepuppi7] 25/8/2019 18:05

Ppvn I agree with you . This is still off the radar although very much more on it than it was.. remember the days of a single if not no trades! They are in the past now but we cannot get away from the fact that if a large seller is present they will disrupt the market significantly. What is positive is that in their absence this will really move. We know that is now the situation. I have added around 100,000 shares on this weakness at various points and am fully ready to let this ride now. I don't think it's anything to do with the analysts it's purely the ii forced selling that has done us in. It has allowed a lot of people to get in at an artificially low price (imo) so maybe send Garraway a Christmas card.. I don't expect any of our other large holders of I'll be so generous with their stakes. I won't be.

[ppvn] 25/8/2019 17:01

Hey Loganair,

I personally believe serabi are undervalued because until the past week we have had two institutional sellers mandated to dispose of their positions here. Back in April when they started selling, gold was at $1250 or so, and the share price halved on very light volume. Sure, subsequently we have seen the rise back to where we were, but there hasn't been any upside.

Either this fact is realised and we double from here (that doesn't include the potential of the ore sorter or exploration potential or Coringa PEA that are all unique to serabi) - or it'll happen when q3 financials are out. Either way, there is loads more to come here.

[littlepuppi7] 25/8/2019 15:48

I suspect it will now the seller is cleared and rather quickly. You can just tell the money is lining up to get in. I think we will see a 5 to 10p rise Tuesday mate. Get in early would be my advice as I think it will quickly take off. Tsx will almost certainly do 5 percent minimum tomorrow.

[borisjohnsonshair] 25/8/2019 12:51

Be interesting to see if it rises over the pond while we are getting hammered in beer gardens.

[loganair] 25/8/2019 12:40

Why is SRB so under valued, it seems to be because they only have 1 analyst looking at SRB where as the big miners have as many as 40 analysts researching them.