Serabi Gold Share Discussion Threads

[kennyp52] 31/7/2020 15:52

Is this a trader536 free zone ? can we just talk SRB here ? 👍

Anybody got any news on the license situation ?

[borisjohnsonshair] 31/7/2020 14:47

Absolutely

[trader536] 31/7/2020 14:03

“BorisJohnsonsHair31 Jul '20 - 13:26 - 13 of 13
When they’ve run out they’ll rocket”

This idiot has been continually spouting the same rubbish for over a year and has been continually wrong.

Brazil is in uncharted waters 2.6 million cases now, SRB won’t be going up anytime soon.

[borisjohnsonshair] 31/7/2020 13:26

When they've run out they'll rocket

[tiger60] 31/7/2020 10:56

Well they are off book so lined up a buyer

[ppvn] 31/7/2020 10:51

Its the OILQ shares. I guess Greenstone could be selling in advance of receiving their CLNs but either way until this seller runs out of shares we'll tread water for a bit.

Good opportunity to pick up volume as once they are gone (whenever that may be) it won't be possible to buy many.

[tiger60] 31/7/2020 10:36

Last 5 reported trades GBP 10K, GBP 10K, GBP 50K, GBP 25K, GBP 25K -all buys at 83p and the share price does not flinch. Very strange! Early this morning two 30K buys as well.

Buys are going through at 83p sells quotes at 82.5 with IG index calling SRB at 83.5

Where are they coming from?

[ppvn] 31/7/2020 09:38

Its really fantastic and all I can think is this is indeed a gift horse at the moment.

Price not too much of an issue for me at the moment anyway; not any other sectors I'd rather be in than gold. Happy (but still a bit miffed!) to wait...

[tiger60] 31/7/2020 08:55

Gold at $1975! If we are predicting a moderate 35,000 for the year, 18,000 for H2. Average gold price received for Qtr 1 was $1549!!! If we get an average of $1900 that is an extra $350 an oz. An extra $6.3m in revenue for H2.

[borisjohnsonshair] 30/7/2020 14:07

I was hoping that was the case but not according to PPVN anymore due to the trades exceeding CLN value. I don't understand the price but this isn't uncommon - it's what investing is all about. Spot a bargain, build a position and be patient for true value. I'd not lower holding as too much amazing potential and the news can drop any day.

[trader536] 30/7/2020 14:00

SRB Going down faster than the Titanic. Holders will be heading to the food bank soon

[king suarez] 30/7/2020 13:58

Hi - thanks for the new thread. I have TraderXXX on filter anyway..

I think we will likely see SRB trading in a range for a while due to the CLNs being periodically sold - then we will be off to the races. So a great chance to build a position at artificially low prices.

What do you guys think?

[tiger60] 30/7/2020 13:38

Good effort - lets hope we can get some momentum here.

[borisjohnsonshair] 30/7/2020 12:46

NAV - does anyone know if this includes Coringa yet? I'll look closer later but I assume not until the acquisition is completed?

[trader536] 30/7/2020 12:27

The fall seems to be accelerating down over 4% now

[c0lin1] 30/7/2020 12:23

THREAD CLOSED

[tightfist] 30/7/2020 12:20

Hi C0lin 1,.Well done, hopefully we will rapidly transfer all the value-adding posters and posts - and leave the dross behind..Good luck, tightfist

[borisjohnsonshair] 30/7/2020 12:20

Thank you for new thread.

[c0lin1] 30/7/2020 12:19

new thread added. Not sure why it is coming up in green for me.

[c0lin1] 30/7/2020 12:15

Now behave Boris

If you want anything else added let me know.

[c0lin1] 30/7/2020 12:14

!FOLLOWFEED
Brazilian Gold Miner

[borisjohnsonshair] 30/7/2020 12:12

Nice opportunity to take impatient and ignorance peeps shares. Mining association says no risk of mine closures due to Covid and SRB have a testing rotation anyway. Plus it doesn't affect healthy young men so the miners are safe. Storm in a teacup creates a nice opportunity. Short term - license, Q4 production ramps up, 2021 Coringa development and exploration resource announced, 2022 Coringa producing - 100,000 ounces. Clearly a bargain unless you are a moron. Loadsa cash.

[stan6772] 30/7/2020 12:02

The charts aren't pretty. Totally amateur

[trader536] 30/7/2020 12:01

The share price is falling because nobody knows what will happen in Brazil, the risk is very high. Will SRB close for weeks? Months? Maybe years?