Share Name Share Symbol Market Type Share ISIN Share Description
Trans-siberian Gold Plc LSE:TSG London Ordinary Share GB0033756866 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  0.20 0.22% 92.00 88,161 14:16:58
Bid Price Offer Price High Price Low Price Open Price
91.00 93.00 92.00 91.50 91.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 47.59 9.50 6.91 13.9 80
Last Trade Time Trade Type Trade Size Trade Price Currency
15:56:21 O 780 92.80 GBX

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Date Time Title Posts
08/3/202109:08TSG With Charts and News2,182
28/11/201023:20Trans-Siberian Gold - the next Avocet Mining?820
28/9/200506:04Trans-Siberian Gold PLC has over $22 mil in the bank1
27/9/200509:23Trans-Siberian Gold PLC has over $22 mil in the bank-

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Trans-siberian Gold (TSG) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-03-08 16:48:2292.80780723.84O
2021-03-08 15:56:2392.406,8676,345.11O
2021-03-08 15:54:2692.005,7095,252.28O
2021-03-08 15:38:2491.954,8304,441.19O
2021-03-08 14:48:2592.405,0004,620.00O
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Trans-siberian Gold (TSG) Top Chat Posts

Trans-siberian Gold Daily Update: Trans-siberian Gold Plc is listed in the Mining sector of the London Stock Exchange with ticker TSG. The last closing price for Trans-siberian Gold was 91.80p.
Trans-siberian Gold Plc has a 4 week average price of 86p and a 12 week average price of 86p.
The 1 year high share price is 133p while the 1 year low share price is currently 38p.
There are currently 87,090,332 shares in issue and the average daily traded volume is 334,056 shares. The market capitalisation of Trans-siberian Gold Plc is £80,123,105.44.
ukgeorge: I guess until the report from RTN is released we will have to wait for the rerate. "The Company understands that RTN is close to finalising its investigations and expects to receive the outcomes and recommendations by the end of March 2021." I'm not sure if TSG could get a fine, or what action RTN can take. The main positive is that the vein 25 can continue to be mined. So the company has lost two months of mining the high grade. We should now get some news on the revised 2021 production target. Which should be higher than 2020. TSG when mining vein 25 is going to be one of the lowest cost producers so as painful as the falling gold price is it will be hurting the marginal produces a lot more than tsg. In a year if gold is $1500 I would think the share price here will be higher. It is great that the board are clearly alligned with shareholders. Dividends, supporting the share price, and as unfortunate as the accident has been the company has been open with the market.
observer007: I agree is is a gamble but surely the BOD would not instigate a share buy back programme if they knew operations/profits would be seriously effected. The risk/reward situation seems pretty favourable to the upside at current levels, similar events at CMCL resulted in a temporary drift in the share price but it recovered quickly when the mine location was allowed to re-open - I was holding at the time. Investigations rarely seriously effect production beyond a short timeframe, it is hard for folks to decide how much of the share price fall is due to the accident or the weak gold price.
goldenshread: I would hope the share buy back programme will be somewhat more aggressive than the 1st day of operation where a somewhat measly 47,600 shares were purchased in 3 lots spaced widely apart. I cannot believe there will be many sellers around current levels as the share price has been trading over £1 for the last 6 months, the buyback should start to drive a re-rate. It would be great to hear about the the outcome of the tragic events at Vein 25, if the company are cleared to proceed operational activity then the share price will clearly spike. Hopefully news will come sooner than later.
planit2: TSG's RNS said their remit says they can buy back 10% of the shares in issue. They have said they will buy back 1m shares if the price paid averages £1 so the fist day was about 5% of the total. Separately, they must know how the report is progressing into the accident in the mine. Now if they thought the report was likely to be bad they would be purposefully buying shares at a price that will be higher than in a couple of months which would upset shareholders. The opposite is also true which is they should take advantage of a low share price whilst they can and this is the most likely reason they have started buying now. They must feel that they have enough money to fund the new project as it is required. The must also think that they are unlikely to get a large fine or other sanctions. As mentioned before there were other confident comments in the RNS. In my opinion the above reduces the risks substantially. Hopefully they can buy up all the 1m shares at this price and then the RNS comes out saying the investigation is over. :)
1knocker: TSG has only fallen to the levels I suggested in my post of 4/2/21. I think it probably has further to fall if US long bond interest rates continue to rise, or if there is a severe market correction which drives a flight to the dollar, with a consequent fall in the POG. If the news on the mine fall is bad, that will cause a further, additional fall in the share price Good news on the fall would result in some re-rating, but probably not a particularly large immediate rise while the POG price and charts remain weak. Stay patient. There will better times to buy in/top up TSG, as even if good news on the mine fall does cause the share price to rise a bit, this is probably still a sub 100p stock the way the POG is now and looks to be going at present. Anyhow, better IMO to pay a bit more after a clean bill of health than gamble by buying ahead of the news - which could be good or bad. I have no crystal ball, but that is how I see the position at present. Very glad I sold immediately I learned of the mine fall, even though I had only just got in. Lucky to get out fractionally better than all square, as it turns out. I hope the news is good because, the potential consequences of the fall aside, TSG looks attractive to me.
stupmy: The chart for gold is very similar to the chart for TSG, but TSG drop started about a day earlier (Jan 4th vs 5th or 6th for gold). I guess the 4th was the mining accident, then a lot of the rest is related to POG. Although TSG's drop appears to be amplified (almost 3fold the 10% drop in Gold, I'm wondering if that is primarily because the accident blocked access to this high grade vein people talk of, bringing the price down to levels before excitement over that pushed them up into the 130's. After that the similarity in the charts of gold and TSG is marked. Gold was looking for further downside today and so did TSG share price I'd be careful about reading into the TSG price drop anything relating to the accident. Total speculation on my part of course.
stupmy: Today it would have to close below 99.25 to exit the triangle properly. At the moment the price has dipped out a few times, but not closed out. Someone said there is a particular seller, if that was true, it could explain what's happening. If that seller stopped selling the price could stabilise, although I think a fair bit of doubt has crept into peoples minds so it might not result in a quick move to the upside. On the other hand, good news could have this flying up I guess. On the daily chart things remain for me in a bullish movement (although that's becoming neutral). Don't forget charts describe what has already happened, not what will happen in the future, but there is a fair body of historical data to suggest that you've a reasonable chance of making good decisions about future share price movements if you understand what has happened in the past and is happening in the present. Not so long ago prices in the low 90's were considered to toppy by some commentators (those are published views, but I can't remember the source so can't reference it/them; some of you will have read those views at the time). Now people think 130 and more is normal and undervalues the company. Not everyone can be right. If there is a substantial investor selling down their stake, they are doing for a good reason. That reason doesn't have to directly relate to TSG. As 1knocker says the current weakness in the gold price isn't helping either although it remains high.
1knocker: Yes, but I am not wiling to reveal anything about their research (e.g. buy up to prices, stop losses, whether TRS has been given a 'not foe windows and orphans' caveat, share price targets or risks and strengths of shares commented upon, or views as to their merits comparative to TRS) That would not be fair to Southbank, or to those who pay subscriptions to read their research. So do not assume that because I have mentioned their coverage of TRS today that I shall pass on any such research, and certainly not any 'sell' recommendation. I shall not do so. Having revealed that I subscribe to their research, I shall not say whether I am a buyer or seller of TRS, or indeed whether I own any at present, or whether they are merely one of a number of shares on my watch list. I mentioned that they had commented on TRS today only because of the current shenanigans in the USA. There is a lot of hot money in the markets at present, and apparently a lot of people ready to buy anything on a share price rise, on the assumption that it is going to the moon! There are going to be a lot of burned fingers. It therefore seemed fair to the readers on this board and to Southbank subscribers to reveal the probable reason for today's rise, and that there is no 'leak' or news from TRS which justifies any price movement today, so far as I am aware. Please do not read more than that into my post. Caveat emptor! DYOR
1knocker: PS Further to my last, 'ramping', 'pumping and dumping' etc. (i.e. putting out false information with a view to moving the share price so as to be able to buy/sell to personal advantage in a false market) is immoral and dishonest. Setting out facts which are 100% true, and explaining one's reasons for selling (or buying or holding) in the light of those and other facts entirely different. A thread is no more than a fan club (and is liable to lead others into unwarranted optimism, to their loss)if we restrict ourselves to optimistic predictions for a rising share price and exhortations to buy. Please note also that the 90p price at which I may buy in again if the collapse was not the result of a hitherto unknown geological problem is pretty much the price in the weeks pre the Southbank tip, discounted somewhat for a post-tip event (the collapse) which will at best cause SOME cost to TSB, including one hopes compensation for loss of life and increased future safety measures. Please remember also that the share price does not impact on the company's balance sheet whether one sells, buys, or holds has no consequences for the company's ability to defray such costs. Sorry to bang on, but a good thread needs to be balanced and honest, 'warts and all'.
1knocker: There has been surprisingly little commentary on the mine collapse. Before the collapse Southbank tipped this at 98p, with a 'buy up to' price of 115p. The share price promptly rose above 115. Southbank have not put out any subsequent alert about the collapse, so my guess is the price has been supported by limit orders placed in accordance with their 'buy up to 115' tip, by investors unaware of the collapse. A limit order of mine (prompted by the Southbank tip) triggered at 105, just before I saw the mine collapse news on this thread. I promptly sold, happily at a small profit. Until more is known I think TSG is just too risky. If the damage to the mine is not too bad and mining the high grade vein can be restarted fairly soon and without too much remediation expense, I expect to be able to buy in again at around 90p. I guess that even if the news about cost and date of mining resumption is broadly good the share price should fall to that level as soon as the mine disaster becomes more widely known by investors, and especially if the POG falls further. If the news is bad, this a share to steer clear of. Either way, now is not the moment or the price to remain invested. I hope the above is useful info for you longer standing holders, who hopefully bought in well under the current price. Like the rest of you, my thoughts are with the dead miners' families.
Trans-siberian Gold share price data is direct from the London Stock Exchange
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