Trans-siberian Gold Share Discussion Threads

[johny cash] 08/1/2021 16:37

Space, really hope you are correct. I'm holding tight here. This is a good company. Only two worrying things to keep eye on:Safety of zone 25And bear flag appearing on daily chart.my thoughts and prayers are on the families of the great workers that passed.

[stupmy] 07/1/2021 15:08

The back drop of high and rising gold price also runs in favour fo the share price at least holding it's own, but probably rising if production rises.

[grimreaper2019] 07/1/2021 14:55

The share price has fallen from £1.36p to £1.03p yesterday on the tragic news BUT the company is about to announce a increased production forecast for 2021 and the likelihood of increased dividend of the full year.

What's not to like, those worried about charts will be kicking themselves when this is trading north of £1.50p+ soon enough, get a decent move in the gold price again and watch it fly.

Buy !

[spacedust] 07/1/2021 13:47

Ita not going down anymore. 102p was the base. 150p this month

[spacedust] 07/1/2021 11:17

Addes at 106p. Holding for 1250p until 31 december 2022

[grimreaper2019] 07/1/2021 10:54

The tragic event yesterday will not effect the dividend policy or production, these events rarely do, whilst I am not suggesting this is the case at TSG, fatalities at Caledonian Mining were due to contractors not following safely guidelines.

Worth remembering the recent RNS which delivered - Increased Production Guidance

The shrewd will be buying the drop from around £1.36p

[stupmy] 07/1/2021 09:54

I bought a few back this morning at about 105, it instantly fell to about 90 (brown alert), but has recovered for now. Worth considering it's base was around 90 until very recently. The suggestion that the drop is overdone maybe correct, but the rise from 90 to 135 was speculative based on the higher grade ore in vein 25. I don't see why problems there couldn't bring this down to the 90 area again. I am hoping that the quick dip down there this morning has shown us the bottom though. I'll add if the price drops to a pound or below. Will be interesting to see how this changes the holdings of large investors.

[jeanesy] 07/1/2021 09:13

We will just have to wait and see on that one grimreaper. Until we hear further details it is too soon to know what affects the rockfall has had at vein 25. The gold being mined there was helping the grades of production massively so there is bound to be some affect if only short term. It all depends on how long the investigation and clear up takes before they can start mining there again.

[grimreaper2019] 07/1/2021 09:00

Bought in for the dividend, operations are usually unaffected by such events, the drop from £1.35p is overdone.

Will be trading far higher soon enough.

[ali g2] 07/1/2021 08:36

I agree with Desha - the company have always had a very good track record on H&S - I think one issue over cyanide some years ago if I remember rightly. Issues have always been addressed and managed in a proper manner. My gut reaction to this is that it was a tragic accident as happens in the nature of mining.

[jeanesy] 07/1/2021 08:26

I totally agree desha

[desha] 07/1/2021 08:19

Actually I'd rather management's attention was focused on supporting the bereaved families, investigating the incident and causes, and announcing the dividend in that order. Announcing the dividend now would be insensitive and a sign of poor management ...

[peterhuber91] 07/1/2021 06:54

Til the problems are resolved no big dividend announcement will be published. Way to uncertain to pay big dividend when you don't know what is going on and what are the costs to restart zone25 mining.

[spacedust] 06/1/2021 23:48

Divi anouncement tomorrow

[kevph] 06/1/2021 23:02

https://www.themoscowtimes.com/2021/01/06/russian-gold-mine-accident-kills-two-a72548Some other details. Apparently ventilation engineers.

[podgyted] 06/1/2021 21:46

Well at least I don't have to get up at 7 every day waiting for their dividend announcement.

I'm out.

GLAH

[kaos3] 06/1/2021 16:32

you see - there is winter, cold, holidays, only few workers have to work - what do people drink - tea probably

tragic

[corrientes] 06/1/2021 16:29

Hope there isn't something inherently unstable throughout Vein 25 ! Hope basic geology isn't any different to the rest of the area. Otherwise bye-bye, Vein 25.

[spacedust] 06/1/2021 16:24

This is just seriously unfortunate.

Condolences to family and glad the others have been accounted for.

[peterhuber91] 06/1/2021 16:03

Very substantial. It's the High grade which Is blended with the ‚outmined' lower grade. Feed grade und production will sink significantly til vein25 is going online again

[2tsg] 06/1/2021 15:52

WTF ..... really ..just when we were getting somewhere. Cant imagine what the families are goin through though. Wonder how long this will take ?

[picardy] 06/1/2021 15:38

How substantial is vein 25 production, please?