Serabi Gold Share Discussion Threads

[borisjohnsonshair] 25/5/2021 13:31

You don't understand statement you liar!

[trader536] 25/5/2021 12:49

The company statements are not lies you clown, they highlight years of failings by the muppets that are running this company.

The share price will always underperform while these two muppets are running the show, they need to go asap.

Woof woof 🐶🐶

[borisjohnsonshair] 25/5/2021 11:51

Can complete the placement.

[borisjohnsonshair] 25/5/2021 11:50

Loose end tied up

[cotton4] 25/5/2021 11:49

Vote of confidence?

[borisjohnsonshair] 25/5/2021 11:43

Funds secured.

[tiger60] 25/5/2021 11:42

Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, announces that at the General Meeting of the Company held at 10:00 am on 25 May 2021 (the “General Meeting”), Shareholders approved both the ordinary and special resolutions (the “Resolutions”) proposed in the notice of meeting dated 27 April 2021 (the "Notice of Meeting”).

Unless otherwise stated all defined terms in this announcement are consistent with the definitions set out in the Notice of Meeting.

[borisjohnsonshair] 25/5/2021 10:41

Counting the votes now. Shouldn't be hard with 50% coming from two peeps

[borisjohnsonshair] 25/5/2021 10:40

Have you any idea wot a pathetic coward you are. Anonymously criticizing people, based on lies and your bad investment timing 8 years ago. LOSER

[trader536] 25/5/2021 10:34

Even Kenny the clown could have done a better job than those muppets

[trader536] 25/5/2021 10:32

14 years of failure to deliver, and having those failures rewarded with paying themselves $10m of shareholders cash!!

Are you really surprised that the pair of muppets didn't spot the cash and gold getting nicked for six years??

Woof woof 🐶🐶

[trader536] 25/5/2021 10:23

This in 2012....

The Company intends that Palito will be a small-scale,
high-grade operation using selective mining techniques with an initial production target of around 24,000
ounces per annum

[trader536] 25/5/2021 10:21

Then this in 2011.....

"If successful such resource growth could ultimately deliver a mineral reserve
capable of sustaining production levels in excess of 70,000 to 75,000 ounces
per annum"

[trader536] 25/5/2021 10:17

Then 3 years later....

'production up to June 2010, through which some 7,200 ounces'

[borisjohnsonshair] 25/5/2021 10:14

It's doubled since late 2018 when I brought in. I'm soooo sorry you brought in at a high in 2010 and sold at such a loss that you can't move on in 2013. SRB ruined your life - fantastic. It's a double whammy for me - great capital appreciation and seeing your suffering. The future looks awesome as well and you aren't on board - win win. Jog on LOSER

[trader536] 25/5/2021 10:09

The market cap was £60m in 2007, its lower now, shareholders have seen zero return in 14 years while two directors have trousered 10m


The directors have continually failed to deliver, they said this in 2007 (14 years ago)......

'the Company is forecasting
production of some 40,000 gold equivalent ounces
in 2008. Near mine exploration programmes have
been stepped up and assuming a successful outcome
of these over the next 12 months, the Company is
targeting future expansion of production to between
80,000 and 100,000 ounces per annum.

[trader536] 25/5/2021 09:04

20% of the market cap is nice if you can sucker enough mugs for long enough.

Why would they want to buy shares in SRB when they can draw 20% of the company between them?

Woof woof 🐶🐶

[bomber13] 24/5/2021 17:56

Sorting out the 2020 accounts in the next 6 weeks is an absolute imperative in more ways than one .

Both Mike and Clive have decent option positions exercisable at 75p that expire on 1st July , the former with 400/- and the latter with 300/- . Neither are large shareholders of Serabi . Mike has 22066 shares to his name and this holding has not changed since 2012 . Clive owns 38322 shares and this holding has not changed since 2014 . I should think a lot of people reading this post own more shares in Serabi than the CEO and FD , which is somewhat disappointing .

Therefore , let us hope that not only things get sorted by end June , but that Mike and Clive take up as much stock at 75p as they possibly can , thereby properly aligning their bullishness with every other shareholder . As per the recent Crux interview , we are promised results from 4 more drill holes at Sao Domingos by end of next week .

[borisjohnsonshair] 24/5/2021 13:55

Assuming the price is considerably higher

[golden prospect] 24/5/2021 13:06

The meeting tomorrow appears a rubber-stamping exercise.

In the Matter : 4,003,527 Warrants at an issue price of 6p
The warrants exercise at 93.75p (C$1.65) and expire 2 yrs from date of issue

A nice sweetener for the new investors at 75p

[golden prospect] 24/5/2021 10:41

loganair, i suspect the aspirational target will become irrelevant. They have a strong balance sheet and this should strengthen considerably this year if production levels are maintained coupled with an increasing gold price. With no debt servicing and money to fund a drilling programme, Serabi should become even more of a target. Coringa will simply look as thrown in for free (recall previous owner spent C$65m, and project comes PLANT READY). Setup for a substantial recovery in 2021.