Serabi Gold Share Discussion Threads

[kennyp52] 09/4/2024 07:45

This should be back at 90p if Hodgson can get the production on target - a very achievable target which in my book has been set low so they can claim “success”; 🤷‍a94;️

120p if the license is fully granted .. what a Mickey Mouse situation that has been! It is Brazil however .

[kennyp52] 08/4/2024 21:57

31/08/2023 Bought B598081423 24.65

Post your trades / holdings Boris .. no ? Hmmm .. we both know who the real loser is here don’t we ?

🙄

[kennyp52] 08/4/2024 19:39

600p .. 600p .. honest .. 600p .. last year , this year ,next year … oh … it will be sold for 100p now … Boris tell us what you are … a …

[jj119] 08/4/2024 15:48

Agree that the comms around this news have been badly handled . The news itself shouldn't carry much weight from a fundamentals POV as this was always going to be a long shot and any value creation would likely be many many years if not decades out. The focus here should be on executing on the core business as has been stated by numerous other posters. I have emailed management regarding the mishandling of this communication and plan to speak with them in the next week or so to reinforce this message.

[trader465] 08/4/2024 15:22

meanreverter
“Whilst Vale have, during this week, informed us that they wish to withdraw from the exploration alliance, . . .”

That this was posted at 7 a.m. on a Monday morning prompts the question of what is meant by “this week”.


The RNS was drafted last week, 7am Monday this week is when the market was informed

[borisjohnsonshair] 08/4/2024 11:26

Yes - horrific. Makes a mockery of Greenstone!!!

[loganair] 08/4/2024 11:11

Typical RNS's, way over exaggerate any up side while down playing any down side rather then being completely upfront and honest about the situation.

[borisjohnsonshair] 08/4/2024 11:10

With the issue of misleading, the Coringa license, derisked with the ore sorter purchase is now in question.

[loganair] 08/4/2024 10:50

Anything under 0.5% Copper is not really commercially viable to extract and most of the drill results so far comes in at between 0.25% and 0.35%.

It seems to me reasonable to say so far Serabi management are wasting their valuable time trying to look for Copper or any other commodity on their lands, instead of 100% concentrating on getting as much gold out of the ground for as low a price as possible.

[loganair] 08/4/2024 10:49

In the latest RNS the word "excited" comes up to many times, even once is too many as it usually means their is nothing of substance really there.

[borisjohnsonshair] 08/4/2024 10:22

Serabi are sitting on growing production, multiple discovery opportunities, a huge price of gold, loads of cash, a money printing press and diabolical management. Get rid of the clowns at the top and bingo 600p. Come on Greenstone and Frattelli - grow some balls. This business is about to skyrocket

[borisjohnsonshair] 08/4/2024 10:19

Imagine the state of the business if it was down to the integrity and ability of the management. Despite all this it's a great business due to the gold price. If the Board had balls they'd get good management and we'd be at 600p. Hopefully major changes are forced by the weak leadership of Greenstone. They need to be forceful to enhance their credibility

[borisjohnsonshair] 08/4/2024 10:16

It's a contradiction to the interview MH had. He said Vale keen to proceed. It's recorded!!!He needs to go.

[meanreverter] 08/4/2024 10:14

Buried in the fourth paragraph of comments, below the main report of an RNS posting detailing assays from 30 (?) augur samples (1 good, 7 poor, the rest zilch), we find:

“Whilst Vale have, during this week, informed us that they wish to withdraw from the exploration alliance, . . .”

That this was posted at 7 a.m. on a Monday morning prompts the question of what is meant by “this week”.

Vale's involvement was well trumpeted by Serabi, and its withdrawal should likewise have been reported promptly in a separate RNS posting.

[borisjohnsonshair] 08/4/2024 10:03

My mate at Rio at Bold Baatar says he's very keen as Vale not. This is your opportunity to not lose TraderNoron, but you can't see it LOSER. Todays news just made me another seven figure sum

[borisjohnsonshair] 08/4/2024 10:01

Ha ha ha - you LOSE again LOSER. MH mentioned the lady at Vale says yes but she takes time!!! I heard otherwise.

[borisjohnsonshair] 08/4/2024 10:00

Ha ha - you clearly weren't shorting last Friday. I had the nod from a lady at Vale

[trader465] 08/4/2024 09:55

“It was unambiguously indicated”

By whom? You, you dopey muppet

[bsg] 08/4/2024 09:55

You out now Boris?

[borisjohnsonshair] 08/4/2024 09:52

It's pretty clear that they are cold faced liars. It was unambiguously indicated that the senior lady at Vale was prepared positive news.