Trans-siberian Gold Share Discussion Threads

[klosters65] 06/5/2020 09:20

I am surprised there is not much more demand for the shares since two or three institutions took large positions last week.

[book5] 06/5/2020 09:04

Good appetite to buy shares

[book5] 05/5/2020 13:25

Need time for news to materialise
Confidence is here to stay

[klosters65] 05/5/2020 12:13

Share price appears to be on the rise again.

[corrientes] 05/5/2020 11:29

Now my biggest holding in golds, having bought from 40p. Unless we get struck by a thunderbolt from left field, always a possibility. then I can't see any reason why the
shares shouldn't continue climbing in a north easterly direction. In any case, my son goes out with a girl from Kamchatka (?) so I get to know a little about the place. LOL.

[avsome1968] 04/5/2020 20:41

That 142k could've been a sell needed time to go through, that's what brought price down today.

[klosters65] 04/5/2020 20:08

Price reduced in stages from noon onwards with small amounts trading.However , In the last half an hour 50,000 shares were bought for 82.40 and 142,500 shares for 80.612 .

[jeanesy] 04/5/2020 19:39

not sure why this is falling but my finger is itching to buy some more. does anyone here have level 2 please ?

[callmebwana] 02/5/2020 18:19

K65, good for you and I think all this yo,yo in gold price is irrelevant at the moment give a few weeks and the gold price will be well above $1700. My target is $3K in a few months time and perhaps,over that in time. NAI, just my view.
GLA.

[klosters65] 01/5/2020 16:11

Gold heading back towards 1700

[klosters65] 01/5/2020 15:29

Don't be rude.I have bought this morning.I feel very confident here.

[ali g2] 01/5/2020 15:05

Likewise- failing to see the downside

[jeanesy] 01/5/2020 14:42

if it goes any lower i will be tempted to add some more. It would be rude not to.

[ali g2] 01/5/2020 13:59

Historically updates have always been slow. I have been here a long time and feel it has never looked so good - and with cheaper fuel, higher gold and what potentially looks like a fantastic new area looking forward to the next 12 months when hopefully it will be properly recognised.

[konil] 01/5/2020 13:09

ok, thanks!

[hubs] 01/5/2020 11:45

The share price also seems quite resilient to occasional gold price dips, as today. No room for selling and buying back cheaper. Gla

[klosters65] 01/5/2020 11:23

The Company say they are going to keep us regularly informed of drilling results. Even if they are only half as good as the last lot – we are in for a good ride .

[konil] 01/5/2020 10:57

i dipped in here this week. looked at current state of play which seems positive but not too sure about forward catalysts.

could someone please tell what are the likely near/mid term events, good or bad, that will drive the sp?

[klosters65] 01/5/2020 09:57

What a difference a day makes.Two hours into trading and only two share buys. Great opportunity for those who missed out earlier to get in now. We are going to make money on this.

[jeanesy] 30/4/2020 20:10

im no expert but that 400k was probably a delayed sell which is why this fell this afternoon.

[ein4] 30/4/2020 17:31

Some nice buys at close?

[jeanesy] 30/4/2020 17:13

looks like some profit taking this afternoon coinciding with POG falling below 1700 again

[redtrend] 30/4/2020 12:12

This calendar year 2020 it's a high yes for the share price, but it was only back in Sept 2019 TSG was £1.29, when gold was only $1,500.

Guess 2 negatives have occurred since then:

1) COVID-19, even if not yet impacting TSG remote Kamchatka mine operations, it no doubt hits sentiment overall.

2) Asacha operating mine reserves revision down from 553k to 313k (which is still circa 5-6yrs LoM in any event).


However we have had many positives which more than outweigh the above in my opinion that should mean we get back to £1.30 levels:

1) Gold price now $1,700. If it can sustain this, that is $8m more earnings compared to if you forecast in Sept 2019 when gold was at $1,500. This should more than offset any COVID-19 concerns.

2) Recent extremely successful Asacha mine exploration campaign (continuing through in 2020 - not just results released in Apr, but successful 2019 results released in Jan-2020 too), showing that the reserves and LoM will no doubt be increased in time back to 500K Oz+

3) Rodnikova Resource news in Feb-2020 (50km north of Asacha): released JORC compliant +1Moz at 5.3 g/t Au and 7.4Moz Ag. Scoping study due Q2 2020.

4) Being such a remote mine, fuel costs no doubt form large part of TSG's AISC (2020 guidance was $900 - 1,000). Post guidance, TSG released news that the collapse in oil prices and depreciation of Russian rouble will no doubt improve their AISC.


I'm on the fence now with regard to whether they will pay a special div over and above the usual $3m dividend that they have all but confirmed will be paid. I thought they may with gold price at these levels, but with the extensive drilling campaign + my hope of fast tracking Rodnikova wherever possible post scoping study, be good to fund any expansion primarily through cashflow.

The April Presentation & 1 pager Factsheet on the TSG website are good quick sources of info

[sclper] 30/4/2020 11:49

Looking strong for a re-rate to fresh all time highs as a result of stunning drilling results, strong gold price and lower costs due to weak rouble and fall in oil price