Serabi Gold Share Discussion Threads

[jswjsw] 08/10/2019 23:16

It's actually 1.35 / 1.49 in Toronto, which in GBX is 82.5 / 91 - so rather different spread!
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[lessentin] 08/10/2019 20:32

Risen to a 1yr high today on tsx (cad 1.49 = 91p) albeit on low volume

[morethanme] 08/10/2019 11:43

I have been expecting gold to pull back significantly over the last month to the $1420 levels before retesting the $1560 level. I have been surprised at how resilient the price has been, even during the China golden week last week. Looking very good for the long term gold price trend.

[ppvn] 08/10/2019 11:11

Gold showing fine support and indeed looks like its consolidation around $1,500 could be completing. Ready for a fresh move up with luck, and just at the right time for Serabi.

Quiet here for the moment - nobody seems to want to buy when there isn't a pack trying to squeeze through the door!

Believe q3 production numbers will show themselves about this time next week. Wonder how Serabi managed to time the sales...

[borisjohnsonshair] 07/10/2019 16:05

You don't need L2 to see what you are saying

[borisjohnsonshair] 07/10/2019 15:58

Nowt available

[belt n braces] 07/10/2019 15:53

Level 2 impressive? Level 2 shows 15 trades for the day, what is impressive about that?

[ppvn] 07/10/2019 14:59

Fingers crossed!

[borisjohnsonshair] 07/10/2019 14:55

Tipping point. No shares and liquidity but punters keen. Will gap in style soon. L2 impressive

[borisjohnsonshair] 04/10/2019 10:41

100p leg up coming.

[tightfist] 04/10/2019 08:14

Agreed, for Q3 the Tailings facility should be continuing to deliver - as you say the PoG in Reais will be good news but maybe only in the H2 financials?.I am hopeful of reassurance on Ore Sorter commissioning progress, most likely within a brr media interview towards the end of this month? .An added bonus would be some early (soil sampling?) results (or a farm-in partnership) around the SC anomalies, prior to a drilling programme?.Cheers, tightfist

[ppvn] 03/10/2019 14:27

Think the ore sorter is currently being commissioned. Effect has been provisioned for zero effect in 2019 with an uptick in 2020.

So think the only real effect on q3 financials/production should be the improvement in Gold price in reais by about 20%...

[bluturtle] 03/10/2019 14:07

What date was the ore sorter up and running and will we see the effect of the ore sorter in the next financial report?

[loganair] 03/10/2019 12:28

I think overall SRB communicate pretty well with their private retail investors and do not wish the management spending lots of their time putting out reams of RNSs instead of concentrating on the important job at hand, that is to get Coringa up and running.

[tightfist] 03/10/2019 12:07

O/T: Yes, until/ unless we see a transformation in shareholder comms. it's probably healthy to view ALTN as a "flutter"; maybe I am hooked on the LSE's version of the Lottery!

[ppvn] 03/10/2019 11:11

Yes, very confident in this stock tightfist and think the next leap up is almost upon us?

P.s. I bought a few Altyn as a bit of a flutter!

[tightfist] 03/10/2019 10:06

Good to see trading that is starting to establish 80p as the next higher prospective support level......

[kennyp52] 02/10/2019 19:16

Hold you to that Loganair ... it certainly would be a transformational price

[loganair] 02/10/2019 15:40

A few weeks ago I posted that I thought the price of gold would have a dramatic fall back to the $1,400 area, like pulling back a catapult, giving the price of gold new energy to be catapulted forward to $1,600/$1,650 per ounce.

I believe $1,650 for the price of gold is a realistic target looking forward 6 months.

[ppvn] 02/10/2019 14:10

I think there are a load of pundits that have become accustomed over the past decade to gold going down.

Rates going nowhere but negative, risks and bubbles everywhere, gold is and always has been an excellent store of value. Its certainly no bubble which leaves one direction for it to go imo, and it isn't down.

But that's why I've got 80%+ of my PF in gold equities.

And as for patience, tightfist - we were using that term a lot last year! I think we are closer than ever to the share price making us a jolly nice return...

[tightfist] 02/10/2019 14:00

Agreed, but SENTIMENT in gold miner investing may suffer; so the fundamentals may dip and yet more patience be required!

[borisjohnsonshair] 02/10/2019 13:11

Ummmm, there's equal opinion suggesting collapse and rapid rise. Based on the last 10 years and how screwed up the world is, I'll make my own kind up. Gold can't go below 1200 or most mining would stop. SRB can still make a fortune and be worth much more even at this price.

[loganair] 02/10/2019 10:04

The last RNS update was on the 6th September, less then 1 month ago. So no need to feel worried or uneasy about how things are going with SRB.

[ppvn] 02/10/2019 09:57

Ha, agree on that Logan!

But in this instance not sure it's a case of wanting an update, just discussing what and when news might come along.

You must admit, it has gone awfully quiet? Calm before the storm!