Serabi Gold Share Discussion Threads

[plat hunter] 22/1/2021 11:00

Poor visibility and poor liquidity.. You've not been doing enough to ramp it on other boards ;-P

[borisjohnsonshair] 22/1/2021 10:49

This at face value is stupid. What's wrong.

[slicethepie] 22/1/2021 10:48

Struggling to buy having to resort to 1000 shares

[zzfritzz] 22/1/2021 10:02

Pretty odd lack of reaction here. I bought some more this morning but getting to a point where my portfolio is getting skewed towards SRB. In for the long haul though rather than a quick buck. The lack of liquidity that others mention doesn’t seem to be much of an issue as I have not experienced any problems buying here albeit in amounts less than £10k.

[tiger60] 22/1/2021 09:58

6 10K sales into the rise stopped it gapping higher. Lets see what happens from now. 97.7 to buy.

[kennyp52] 22/1/2021 09:56

Boris .. perception is everything ... facts and cash are going to need to be proven it seems ... otherwise it just looks like another non dividend paying gold miner run for the benefit of the directors . They have to prove themselves this year on production and converting exploration into tangible assets . Otherwise I will be out and sink my money into something with a bit more energy .

[imastu pidgitaswell] 22/1/2021 09:50

Yeah, I suppose I'd take £5. Only 'cos it's a Friday though and I'm in a good mood...

😃

[millwallfan] 22/1/2021 09:47

The results probably exceed any of our expectations. Need to give investors time to assess and undertake DD so don’t expect the biggest reaction this morning. Monday after the weekend might be different . Also don’t forget how illiquid this share is so there might be a real scramble for shares soon which will actually push the price higher given the base principle of supply and demand. It is great news and should secure the company growth story and suddenly our biggest risk is of a hostile takeover but thankfully that would have to be at a price big enough to tempt our controlling shareholders - £5 will make me happy 😂

[borisjohnsonshair] 22/1/2021 09:30

I agree. It's gunna go nuts soon

[borisjohnsonshair] 22/1/2021 09:29

Hi Kenny, that harsh. We are producing, we are getting new license plus successfully exploring and growing PITG & LOM. It's an incredible 3 way growth story. Open pit possibility thrown into the mix. I agree production makes gold that's sellable but many companies are exploration speculators. GRL is a resource without a license and with huge debt and it's sold loads of its future production to finance pre-production Ops. This is a dream - producing gold and making money that's self funding the rest.

[gah123] 22/1/2021 09:26

Sellers drying up, once clear we should get past 100p.

[tightfist] 22/1/2021 09:14

SRB Cheap, bargain? Yes. Cheapest? I think you will find ASX:MML is significantly cheaper - but management are asleep?!

[rogerbridge] 22/1/2021 08:38

This has to be the cheapest gold miner on the planet.

[plat hunter] 22/1/2021 08:36

Cotton, use a limit order, it'll work through in minutes

[ppvn] 22/1/2021 08:34

This is what i mean about the market makers in this stock. Asleep at the wheel!

[borisjohnsonshair] 22/1/2021 08:32

It's odd. They need to gap up to 120

[cotton4] 22/1/2021 08:32

Can't buy any qty atm.

[bsg] 22/1/2021 08:25

Non producers with these results would of doubled by now (slight exaggeration!)

[plat hunter] 22/1/2021 08:22

513 grams per tonne, did someone omit a decimal point lolz

[plat hunter] 22/1/2021 08:16

Taken the plunge... First time punter, long term lurker .In for 96.7

[tightfist] 22/1/2021 08:12

Yes, hopefully this is the kick-start of an "under-promise, over-deliver" era. Yesterday's PE exchanges just highlighted that SRB is poorly valued on a production (kenny!) basis - nothing at all for Coringa/growth or exploration.... The TP lift to 220p was a good clue!

[gah123] 22/1/2021 08:10

Invested today, incredibly cheap and now world class drill results. We could see 50% rise today.