Serabi Gold Share Discussion Threads

[sherry35] 11/1/2021 23:24

All - My only take away from the December 2020 investor presentation is desirable permit between SC and SD is owned by AA. Perhaps other permit owners no disclosed on the the permit maps. But clearly no farms-in are coming and POG may start its seasonal retreat at the end of January similar to another recession.

Ore sorter will be needed to save our bacon if POG hits $1700 US Au ounce. When does it restart? Second time may not be a charm.

[sherry35] 11/1/2021 23:01

Another BA chart on MND. Nice grouping of 80K trades with a clear straight line starting at 100 share orders. One negative outlier which was 800K share cross order made on TSX by BMO broker.

[sherry35] 11/1/2021 22:43

MND Trade Bot Profile. 10 months of TSX transactions - 80K records in total. Note the high 100 and 200 orders. The BOTS reload at on 1000 and 2000 orders and manipulate on 100/200 orders.


define short term goal

[sherry35] 11/1/2021 22:34

BOT trading of SBI is child's play compared to MND traffic of 100/200 share orders on 5 exchanges. No retailer would trade 100 shares of SRB with a $10 commission. All BOT traders have monthly fixed contracts with a possible 10 cent trade commission or lower. I suspect the BOT trader reloads through out the day (1500 share trades) and clears it's holdings at close.

[borisjohnsonshair] 11/1/2021 17:45

Where's your plan

[tightfist] 11/1/2021 17:17

Hi PPVN, MTM;.Apols for delayed response and thanks for the CRUX out-take reminder. IIRC Serabi chose to redeploy a rig from SC to Toucano at short notice, such was the desire to drill it quickly. MH has said he has been eyeing Toucano from a distance for some while - sounds as though he knows something? There are a lot of geophysics to drill around SC, but suddenly Toucano out-guns them all. Why?.In the next few months we will get insight into the terms now offered to part debt-fund Coringa M&E. With the total cost of Coringa being less than $47m but producing 38kpa at an incremental estimated AISC of $852 (PEA, 06.09.2919) and LoM of 9 years it looks like a real bargain. At an assumed $1,750 PoG I now calculate less than 2 years to break even. Whilst I understand the clamour for exploration drilling the appeal of focus on Coringa is overwhelming IMO - especially as SRB/SBI does not currently seem to see add much value as an exploration enterprise?.Cheers, tightfist

[sherry35] 11/1/2021 16:33

I propose the following plan :
- Restructure the mgmt team and employ one experienced officer with option bonuses.
- CFO is replaced by an accounting firm.
- Complete the Coringa purchase. Delay commissioning the Coringa plant until 1Q2023 as confirmed in Dec 2020 presentation.
- Drill all the permits using 4 dual rigs capable of RC and DC drilling. Used by Rio Tinto in the MMA farm-in.
- Execute a 20KM drill program with 4 rigs with 200 holes completed 4Q2021
- Install a ore sorter at SC and build a straight access road into PC plant for $2M. This will increase head grade on PC mill and reduces ore transportation costs. The return on investment is 12 months for $2m US. Second time install should go faster. Immediately issue a purchase order to ore sorter mfg'er with guaranteed monthly payments starting July 1st 2021. All vendors are hurting for business ... time to squeeze. We increase ore production 55K annual Au ounces
- use the clean tailings for the new road bed into PC
- Publish a NI43-101 and reserve report 1Q2022. We'll know for sure who has the goods between SRB or AA. Once published, go farm-in shopping.

That's a plan for a potentially large buyout. I want to be paid now.

[sherry35] 11/1/2021 16:14

BJH - I've been watching BOT trading for 3 years on MND. There is pattern of small 1000 to 3000 orders followed by a burst of 100 to 500 share orders. I suspect the holdings in the BOT accounts are close to empty. They reload periodically reload on 1000 share order's and burst trade on 100/200/500 share orders.

SBI is being manipulated by a BOT. The trading pattern and low liquidity supports my opinion. TA does not work on this stock because of poor annual liquidity. You invest based on the fundamentals - product and mgmt.


I'll post a BA chart on MND's trade behavior based on several months of collected trades. I crunch millions of bytes in data as a DA. I'm a pattern thinker.

[borisjohnsonshair] 11/1/2021 15:27

Omg!! I don't think jewellery is having this effect. Gold will rocket when the markets stabilize. They are about to crash so gold will follow to co er margins. Simple.

[sherry35] 11/1/2021 15:04

All - I suspect the POG is experiencing the Christmas effect where you buy in late Nov and Sell in the first two months of the year. It is a typical seasonal trade. Because we are in global depression, the consumers left the market in 2Q and 3Q. Supported by my externally source report detailing low 3Q consumer gold revenue. I posted this earlier.

We are maybe experiencing 20 to 30 percent jobless rate. Middle class house holds using food banks. Only two prvinces in China have the wealth.

The share price of SRB/SBI and MND trading is BOT triggered by the Christmas effect (seasonal trade). During a recession, the trade lasts 4 to 6 weeks. Seen it twice.

[borisjohnsonshair] 11/1/2021 11:07

I wonder what production would move the stock - less than 7,000 would disappoint, over 8,000 would please 7,000 - 7,999 would be so so. It's all just a means to an end - Coringa to double production and lower AISC and a DISCOVERY!!!!!

[borisjohnsonshair] 11/1/2021 10:44

Don't care too much about production - bound to be 6,500 to 7,500. We want discoveries.

[cotton4] 11/1/2021 10:32

Usually about this time. Financials at end of March. Clive needs a bit of time to count his pennies.

[cotton4] 11/1/2021 10:26

Mid January

[borisjohnsonshair] 11/1/2021 10:24

You are correct - 14th Jan last year.

[borisjohnsonshair] 11/1/2021 10:23

Really - I thought Q4 and full year info is early Feb? What time last year?

[cotton4] 11/1/2021 10:20

Should expect qtr4 production figures this week. Maybe get an update on exploration and indication of production for this year.

[borisjohnsonshair] 11/1/2021 10:10

Yes but the calm before the storm. Gold might drop to 1700-1750 but US$1-3T will be printed in the USA soon. Gold will finish 2021 over US$3,000. SRB over 300p

[imastu pidgitaswell] 08/1/2021 15:51

The 5,000 the other day not such a bad idea now. That said, the spread is so bad it's not worth adding back yet.

Added plenty elsewhere on more liquid PMs.

[tiger60] 08/1/2021 14:52

Gold hammered today