Trans-siberian Gold Share Discussion Threads

[space_dust] 28/3/2019 08:05

Let the re-rate continue, Q1 production numbers should be fantastic.

[observer007] 27/3/2019 21:23

Managed to pick up another 10,000 shares this morning - I remain convinced TSG is at the early stages of a significant re-rate.

In a nutshell Trans Siberian is throwing off large levels of cash, enabling them to pay 6.3p dividend last year with gold priced at an average of $1265 oz.

This year we have higher grades, lower operating costs, a higher gold price, above $1300 & potentially production at the higher end of guidance.

Just taking the prospective yield (assuming the special dividend is maintained) then the shares should be trading above £1 right now - I think this is nailed on.

[thecoyone] 27/3/2019 10:14

Worth looking at these numbers - no wonder the shares are re-rating


Q4 Highlights


· Record quarterly gold production of 13,069oz (Q3 2018: 11,698oz)

· 6.7% increase in gold production (Q4 2017: 12,244oz)

· 5.8% increase in gold grade: 9.1g/t (Q4 2017: 8.6g/t)

· 80.5% increase in gold sold: 16,399oz (Q3 2018: 9,085oz)

· 77.0% increase in quarterly estimated revenue: $20.6m (Q3 18 $11.6m)

· All-time record annual gold production of 42,128oz

· Total gold production exceeded upper end of FY2018 production guidance

· 11.9% increase in gold grade: 7.4g/t (2017: 6.6g/t)

· 35.7% increase in gold sold: 45,956oz (2017: 33,870oz)

· 37.6% increase in total estimated revenue: $59.8m (2017: $43.5m)

· 2019 gold production guidance of 40,000 - 44,000oz.

[space_dust] 27/3/2019 08:32

Nothing available on-line, can only higher.

[aussiebeach] 27/3/2019 06:32

Interesting company / high yielding gold producers are rare.

[tadtech] 26/3/2019 22:59

Noticed there is a very strong buy signal on this gold stock.

[observer007] 26/3/2019 13:24

I am still building a position here, the market in the stock is tight, I believe there are only around 15m shares available 'on market' the rest of the 110m issued capital are tightly held.

I suspect others are cottoning on, where else can you get a long established low cost gold producer so undervalued, last year they paid over 6p in dividend.

AS others have pointed out I expect Q1 numbers will be impressive, add to the mix their stated progressive dividend policy and can easily see this past £1.

[space_dust] 25/3/2019 07:02

Gold higher overnight, will be a good week here, can see this above 60p by the end of week. Re-rating is on.

[robward] 24/3/2019 20:56

It will be interesting to see what valuation Arden come out with. Assuming Gold stays above $1300 it all looks reasonably positive for TSG not withstanding they are operating in Russia which brings some risk.

[broken_arrow1] 24/3/2019 19:49

Looking good for next week, a clear breakout and still a long way from the Cantor price target of 97p.

I sense investors are heading to the relative safety of dividend paying gold producers as opposed to speculative explorers.

[space_dust] 22/3/2019 09:09

Buyers still coming for TSG, no surprise. Far to cheap, I bet Q1 numbers will be good.

[thecoyone] 21/3/2019 14:40

Pleased to see this breakout after a 2 month period of consolidation - I am expecting a very decent Q1 production update.

The company is currently mining 8 g/t gold and has reduced electricity costs significantly - fiscal discipline and strong cash generation allowed it to pay over 6p in dividend in the last financial year.

I can see no reason why the share price should not appreciate towards the last Cantor broker target of 97p.

[space_dust] 21/3/2019 09:53

This is a gem of a company, going to £1, just wait and see.

[rolo7] 21/3/2019 09:02

Big cup with handle over 14 months on chart

[broken_arrow1] 21/3/2019 08:45

Looks like the brakes are coming off, with gold rising and Q1 results due in April I suspect the share price will continue to appreciate.

[mattjos] 20/3/2019 15:15

stop talking rubbish. 12k available online at 50p and 20k available at 49p in the auctions

[space_dust] 20/3/2019 14:56

Crafty market makers, trying to hide the fact they are short of stock and bidding hard for shares in the background.

Nothing on the offer currently - coiled spring comes to mind :-)

[thecoyone] 20/3/2019 07:25

This looks ready for a strong move up, the share price has consolidated for 2 months, the market is woefully short of stock, the free float is only 14%.

With Q1 results due mid April I would suggest shrewd operators should take a position now, my bet is the next move could propel the stock to around 70p-80p.

Anyone who followed the price activity of AAZ (another gold producer) will note the comparison, shares moved from 40p to 80p-90p in quick time after a lengthy period of consolidation.

Cantors still have a 97p target price.

DYOR etc

[jeanesy] 19/3/2019 17:05

20k buy at 50p at the close. I would be surprised if this did not move up very soon.

[observer007] 19/3/2019 15:37

A great post by thecoyone....


Trans Siberian Gold (TSG) 48p

There are a number of strong signals the shares are ready to move higher - they have consolidated at current levels from a decent up move. That is a good sign.

What is exciting is they are now moving into, what appears, a rich seam of gold, they mentioned 8 g/t in the last update - this would suggest increased production and lower costs.

Also and below radar is the massive electricity cost reduction - they are now getting power at only 7c k/h - that is one of the lowest costs in the world for electricity supply.

I think this is ready for a major move up - I expect the Q1 numbers to be released mid April - the market should like them and may start buying ahead of that update.

Remember they paid 6.3p in dividend in FY 2018.

I still think 90p is a fair target therefore - Cantors target 97p

[observer007] 19/3/2019 14:12

Gold moving in the right direction again - looking forward to up-coming news here, this looks materially undervalued.

When it moves it will be fast, period of share price consolidation will soon end IMO.

[broken_arrow1] 18/3/2019 07:03

The fact this is below radar makes it even better - took some more on Friday - posted this a few weeks ago, same applies now except gold is higher.

I see this as a £1+ share, a market cap of £100m (now £49m) is entirely justified based on a number of metrics.

What is there not to like........

Record production of 42,000 oz
Increasingly higher grades (9 g/t)
Low cost - $600oz
Progressive dividend policy
Currently yields 13%
86% of shares tightly held
Highly cash generative

Impossible to buy in any size, 86% tightly held, can see a major move coming.

[space_dust] 14/3/2019 22:42

Looking forward to Q1 results, surprised more are not buying in.

[observer007] 14/3/2019 11:18

Have been adding when stock becomes available, however it is dam hard to buy in any size, I sense a decent move up coming therefore.

[thecoyone] 14/3/2019 10:26

50p paid today - no wonder - where else can you buy into a low cost gold producer with a yield in excess of 10% - it seems nailed on there will be another special dividend next year - the interim and final could also be increased.

Bargain!