Trans-siberian Gold Share Discussion Threads

[basem1] 29/4/2019 10:13

On the cusp of a 3 year highFollow that trend it's a pity the spread is so wide or I would buy a few more

[rolo7] 29/4/2019 08:48

Yep and hopefully a nice dividend again q1 results back that up

[basem1] 29/4/2019 08:39

Next news is final results in about a months time ?

[grosvenor] 29/4/2019 07:21

News looks very positive today

[jeanesy] 27/4/2019 19:57

Expecting 1st quarter results next week.

[basem1] 26/4/2019 12:47

Death by a thousand cuts this shareprice

[vivgav] 23/4/2019 07:06

Nice RNS out

[rolo7] 15/4/2019 19:17

Tsg still to decide on a final dividend also for 2018 paid in july i guess

[rhuvaal2] 15/4/2019 12:08

not me, but then this is the time to do so, mr Market thinks ahead... the world may be calm but it is in a fragile state, just hanging together, all over.

[jeanesy] 15/4/2019 11:09

People still buying despite the weak POG.

[mattjos] 12/4/2019 10:20

this does now appear to be breaking out past the August 2016 highs of 56p

[jeanesy] 11/4/2019 12:39

All buys today so far but it hasn't moved the price so far

[rolo7] 04/4/2019 19:09

not sure if anything new here:

[rolo7] 04/4/2019 13:10

Tu in april so says tsg financial calender on their website

[basem1] 03/4/2019 15:58

Must be due a TU soon. ?

[rolo7] 03/4/2019 08:40

Great news derisks company low price paid! Can tsg break resistance here?!

[zangdook] 03/4/2019 08:11

Presumably this means more capital expenditure and therefore less prospect of special dividends in the near future?

Regardless, I've added.

[thecoyone] 03/4/2019 07:47

I have to say I am totally surprised by today's news, it is a material event and totally unexpected, it typifies this company approach, they simply get on with the job and deliver.

I fully believe there will be a material valuation uplift accordingly, the licence is for 20 years, clearly the deposit is massive and high grade.

I expect new broker coverage, the current target price of 97p looks too low.

[space_dust] 03/4/2019 07:35

Wow was not expecting that, what an amazing deal, remember the dividend yield was over 12% in 2018.

[kevph] 03/4/2019 07:30

Awesome update

[broken_arrow1] 03/4/2019 07:28

UPDATE

What an amazing news update today - this company has secured a 1m oz high grade gold deposit only 50km from their existing project for only $3m

'High-grade gold-silver vein deposit is one of the largest gold fields in South Kamchatka'

[meanreverter] 31/3/2019 10:46

Given the choice between AAZ and TSG, I would take the latter. True, AAZ is a low-cost producer that has managed its project successfully. What worries me, though, is its poor reserve. With an open pit, once the ore is all mined, it's curtains. Perhaps there are underground and nearby small opencast possibilities, but there are other explorers and developers with much bigger potential that are very cheap now.

TSG has respectable reserve for an underground mine and, as is common with such mines, the reserve has a habit of being extended as the mine progresses.

[user2007] 30/3/2019 22:42

I would be careful with the comparison to AAZ. Yes it rerated to 95 but then dropped to 70s and on a few occasions dipped to 60s. The concensus has been for a while that the share price should be nearly doubled based on fundamentals but simply it is not.TSG produces roughly half of AAZ with comparable cost.TSG has been enjoying a steep share price rise?reflecting its fundamentals but a retrace may occure instead of a further share price rise as it happened to AAZ.Reason? As people say .... It is AIM for you ?I hope it will not happen.Have a nice weekend.

[thecoyone] 28/3/2019 08:40

Trans Siberian is in a similar place to where AAZ was positioned - they had a long period of share price consolidation before a move from under 40p to 97p within one month - the key driver being their dividend yield.

I fully expect TSG to pay another special dividend in 2019, this means the yield would exceed 10% at the current stock price.

The other option would be to do away with the special dividend and increase the interim and final dividend in line with the current 3.9p special dividend payment.

Either way the shares are very very cheap at current levels.