Serabi Gold Share Discussion Threads

[borisjohnsonshair] 18/2/2020 08:40

I agree in general. Bit like petrol prices. Rise quickly when oil rises but don't drop so quickly. This co pant is different though. It's price is purely based on Palito, without the ore sorter. It's worth way more in 2 years even if gold drops to 1200-1300, which it won't. Some day, week, month the world will wake up. Even with a negative 15% time / risk discount this is stupid cheap. Any new finds and rocket ships, without new finds 300p in 2 years.

[kennyp52] 18/2/2020 08:31

I think gold miners in general are undervalued until the next set of financials from each of them is published . POG approaching $1600 and predicted to hold value by many professional commentators is adding £millions to bottom line and cash flow .... which for me is not being reflected yet in the market . Good luck .

[borisjohnsonshair] 18/2/2020 08:17

This will rise to £2 very quickly when the license is approved. Higher when good news arrives from other Tapajos finds.

[borisjohnsonshair] 18/2/2020 08:08

They are over the line with Fratelli, Directors and Greenstone, which are givens. The RNS is a formally re vote but more importantly the release of the presentation, which they can't give until it's released. It's an awesome presentation. Easy, clear sailing, to 100,000, then potentially much more.

[ironstorm] 18/2/2020 08:01

Well well quite a justification of the deal they have done. Are they having trouble getting it over the line?

I am still on the fence on this and will make my mind up shortly.

Encouraging and not. They explain they have searched the market but not explained Different options. I suspect this is marginal. Biggest consideration appeared to be Coringa final payt. has that caused a time pressure to do the deal?

Frat Ellis on board a positive though.

[borisjohnsonshair] 18/2/2020 06:30

Random numbers!! Research and constructive input, positive or negative welcome. You aren't.

[trader365] 17/2/2020 14:59

My GRL tip up another 10% hope a few here were smart enough to buy

[borisjohnsonshair] 17/2/2020 09:39

I have the same feeling - tomorrow morning.

[borisjohnsonshair] 17/2/2020 09:38

Ha!! Agreed, we don't want those home action selfies of our least welcome poster.

[alangriffbang] 16/2/2020 20:12

Thank you tiger ,

[sherry35] 16/2/2020 20:00

This article showed up on my radar. Maybe old news for the UK folks. Any idea who the prior and current owners in this YUGE shift in Au to "allocated".

[sherry35] 16/2/2020 19:54

Boris - I suspect your filtering of trader265 posts has spared you from post 5256.

[tiger60] 16/2/2020 19:38

I have a spreadsheet for that not only for increases in the gold prices but also incremental decreases. There are touch points marked that if hit would signal action but not seeing a need to worry at the moment

FYI - sense a ‘feel good’ rns this week - only a guess

[alangriffbang] 16/2/2020 19:33

Good post tiger but what happens if gold drops ,how much would be the downside on this share ,

[tiger60] 16/2/2020 19:17

CEO compensation usd 467k (salary 237k)/CFO 360 approx Dec2018. The median CEO total of 327k for similar sized companies in the industry.

Earnings per share down over the last three years - equating to a 29% loss for shareholders.

Nice videos but is he worth that much?

We have potentially company enhancing news flow in the coming months which could add a lot of long term value. Personally believe more in a rising gold price than the company timelines but combined together I am confident of positive share price movement barring a ‘black widow’ event.

Also states fair value gbp 1.27 so that one tick for us!

Source Simply Wall Street

[borisjohnsonshair] 16/2/2020 06:11

I've not seen any item 4 on boards!We should request that opinions, good and bad welcome, are supported by the reasons behind. Lots of boards are polluted by idiots who just quote stupid prices, high and low, without any form of valuation to support.

[sherry35] 15/2/2020 21:20

tightfist - I'm on board with the rules of a moderated investor forum. I know how to conduct myself in the sandbox.

I would like to propose the following:

1) committee of three people decide the fate of the member.
2) zero tolerance on direct and indirect character assassinations.
3) pumping of other stocks comes with the disclaimer "Do your own due diligence."
4) no pornographic text, videos or pictures. There is enough it on the Internet that we don't need it in an investor forum.

[borisjohnsonshair] 15/2/2020 07:11

Ignored by all

[borisjohnsonshair] 15/2/2020 07:10

Ignored by all

[borisjohnsonshair] 15/2/2020 07:10

Ignored by all

[borisjohnsonshair] 15/2/2020 05:51

The price increased in Canada over night. Ive often found that there's trades there ahead of news - the financing for example. Positive leak, perhaps with some exploration updates. Too early for hearing decision.