Serabi Gold Share Discussion Threads

[littlepuppi7] 09/9/2019 13:52

Pog moving back up nicely as I type. Be good to see a 10 dollar plus day increase...

[littlepuppi7] 09/9/2019 11:01

Think pea is still being digested... I feel more comfortable here than ever before, classic sit and wait and let this story play out as it's going to be a great one.

[ppvn] 09/9/2019 11:01

I believe it will.

However, if the POG continues north, if the anomalies or Cindarella are gold finds (as I suspect at least a couple of them are) - it could do multiples of that.

All the exposure of an explorer but with the cashflow of a producer.

[borisjohnsonshair] 09/9/2019 10:41

Got it, cheers.Yep - surprisingly so. Just shows what a badly oiled machine the markets are. It's how Buffet did ok - finding under valued stock. Wasn't his idea either - it was Benjamin Graham's. It's not hard so no need to be nervous. This will rise 200- 300% over the next 12-24 months.

[ppvn] 09/9/2019 10:33

Hey BoJo,

It was only those three that I was counting which gave the 68% - Drake PIPE fund owns 4%, Eldorado has 3%, couple of others in there too. Was just the top 3 that I was looking at.

Quiet here today!

[borisjohnsonshair] 09/9/2019 10:22

Hi - you are right but not sure about the 68%. The investor centre section of the website has a Share Structure tab. This shows the significant holders, plus Directors, to be 77.5%.

[littlepuppi7] 09/9/2019 10:12

20,000 buy showing now.. people are loading up..

[bozomurky] 09/9/2019 09:47

Have just managed to buy a small amount (£2k) through Barclays online at 89.3p

[littlepuppi7] 09/9/2019 09:34

And realistically these guys will be looking for 100 percent minimum return having sat tight here waiting for the story to unfold. They are highly unlikely to start leaking shares.

[cbeadle] 09/9/2019 09:33

Thanks PPVN for this information I will plan to hold tight too!

[ppvn] 09/9/2019 09:29

It's been the case with me previously. I've repeatedly got no online quotes, I had to call up, find out how much they'd sell me at the ask, re-trade and get the order filled, then the share price usually bumped by about 10%!

Think it's just the relative illiquidity of the share. I know between them Fratelli, Greenstone and River & Mercantile own around 68% of the shares so nothing would happen without their say-so. Greenstone and R&M bought at 72p but Fratelli's average is quite a bit higher from memory. Doubt it's anything out of the ordinary!

[cbeadle] 09/9/2019 09:23

PPVN I think this is the case with selftrade . Just a thought, is Serabi a possible takeover candidate or are too many shares tightly held?

[cbeadle] 09/9/2019 09:03

I can’t sell either, not that I am planning to sell at present

[borisjohnsonshair] 09/9/2019 09:01

Anyone any idea what's going on? No trades and can't buy.

[littlepuppi7] 09/9/2019 08:47

I think we will go over 100p this week. Corninga is a gem. It's coming online soon, we already have a trial license and it's totally not priced in.

[borisjohnsonshair] 09/9/2019 08:41

Very odd. We could gap up 10-20p

[littlepuppi7] 09/9/2019 08:34

Not in auction but I strongly suspect some large scale buyers are moving and and they are trading above nms so we can't see what's going on...

[borisjohnsonshair] 09/9/2019 08:26

Is it in auction. Nothing available to buy.

[littlepuppi7] 08/9/2019 17:49

So let's see what happens this week, as some of our excellent posters have pointed out, with the market cap where it is currently does it even value citing correctly, probably not. Plenty of upside here and I think we will see 100p come and go next week as more investors cotton onto this great story.

[littlepuppi7] 07/9/2019 19:31

Also from lse board peel hunt reaffirm strong buy and 160p price target.

[littlepuppi7] 07/9/2019 19:27

Agree to all the below chaps. It could not look any better. Worth looking at some of mikes comments around the time of the Corninga acquisition. I feel ppvn is right in hindsight they have got themselves an absolute bargain. The good thing here is the market cap is still pitiful so plenty of upside for us to look forward to. Medium term gold will only strengthen. Western governments are addicted to debt. ECB should announce resumption of printing money this month. That will start the spiral again. Hope your all having a good weekend. I think 100p plus next week and new ii's coming onboard. They will want a piece of this.

[jeanesy] 07/9/2019 14:06

All looks very promising here. Providing POG does not weaken further then it should be a good week :)

[borisjohnsonshair] 07/9/2019 13:15

Very well put. Thanks

[ppvn] 07/9/2019 12:56

I missed all the excitement yesterday! All looks very promising to me, very happy here.