Trans-siberian Gold Share Discussion Threads

[bumpa33] 01/2/2019 14:27

Oops, wrong thread...!

[ntv] 01/2/2019 14:13

XD yesterday i see so new buyers won't get that, not much of a fall

[robward] 01/2/2019 09:55

FYI...Cantors have a price target of 97p

[thecoyone] 01/2/2019 09:36

They are bidding strongly for stock here, above 43p, the advertised spread is phony, can only buy around £2k of shares without going 'at best'

My bet here is we will see a major % move - assuming gold holds around $1275 & Special Dividend maintained in 2020, the dividend yield here is a forward 14%, 6.5p was paid over the last 12 months, the dividend policy is progressive.

Now who wants a 14% dividend stock !

Heading far higher 60p-70p-80p all are possible.

[space_dust] 31/1/2019 12:51

Ex the 4p dividend today which explains the fall, usually recovers the mark down quickly - buyers already coming back in.

This is going far higher, it is only a matter of time.

[avsome1968] 30/1/2019 23:52

Wow not on my own anymore lol amazing who arrives with solid gains welcome guys' lovely well organised gold producer good grades of gold generous div doesn't take much buying to move this share up my target price top slice 60p managed to buy in few months ago 35,36,38 pence range gold next stop $1350 hopefully steady rise.

[robizm] 30/1/2019 17:50

Think it is ex dividend today so will drop st least 4p tomorrow

[rolo7] 30/1/2019 16:04

Better spread now up she goes!

[space_dust] 30/1/2019 14:52

Market is waking up to this undervalued low cost gold producer, paying a dividend of 6.5p, that's right folks, 6.5p verses the current 45p

This is going to 70p+ just you wait and see.

Only 16m shares in free float, no wonder it's hard to buy!

[broken_arrow1] 29/1/2019 23:22

Gold now $1310, great news !!

Buyers this week get the 3.9p special dividend.

60p+ coming soon IMO

[thecoyone] 29/1/2019 09:21

Taken a position, really hard to get any shares, had to place a couple of limit orders.

I concur this company is under radar, I estimate only about 15m shares are on the market to trade. I have seen stocks like this move 50%+ on modest volumes if the appetite is there.

A gold producer paying out 7p in dividends this year and promises to continue to deliver shareholder payouts.

This is going to break previous highs, for that I am certain, 60p-70p seems a decent target.

[space_dust] 29/1/2019 06:53

I noticed it is not the first time they have paid a special dividend, this looks a great income stock. It looks like a re-rate is inevitable.

The last presentation shows that 86% of the shares are tightly held.

The market has taken no account of the 2 year debt reduction (now down to $16m from $21m) This level of debt is nothing for a annual 44k ounce low cost gold producer.

This is a under radar gem - miles apart from your usual AIM dross.

[rolo7] 28/1/2019 22:34

on dividend forecast for 5.7cents for year gone ex specials? had 0.9 cents already?! and 9 cents for this year dividend

[space_dust] 28/1/2019 21:27

Can't go very wrong with gold producers paying a generous dividend can you. Never heard of this lot before but looks very interesting.

[broken_arrow1] 28/1/2019 20:06

Bought in here over recent days, did very very well out of AAZ and think this has legs to at least 70p.

Has the same credentials as AAZ, increasing production, pays a very decent dividend with a yield of 4%, low costs, under radar, low free float.

[rolo7] 26/1/2019 10:26

Like the fact that old cfo is now ceo!

[robizm] 25/1/2019 22:49

The grade is getting better which means they are using less of the low grade stuff. The grade on the underground gold is 15 grams a ton and last quarter was 9 grams a ton so once they sort the water pump out production could fly

[novicetrade68] 25/1/2019 19:04

Is production roughly the same here each quarter, if Q4 is anything to go by they could perhaps do 50k this year against a guidance of 40k-44k.

[robizm] 25/1/2019 17:18

I hope these are going to smash production guide this year

[novicetrade68] 25/1/2019 13:44

That's true and I would indeed expect a drop next week.

[meanreverter] 25/1/2019 13:34

NT68: In rational expectation, the shares will drop 4p when they go ex-dividend. You don't get a free lunch by dividend-clipping.

[novicetrade68] 25/1/2019 12:05

4 pennies special dividend is almost a 10% instant cash back, very glad to have come across this share.

[rolo7] 25/1/2019 11:02

Many thanks tiny free float here also.

[robizm] 23/1/2019 14:08

If the water pumping works well then hopefully they will beat production of 44 oz. They pay a lot in dividends but hopefully profits going up.