Serabi Share Price (SRB)

It's easy to see gold falling and think this SP might follow but you need to give yourself a slap in the face if like me, that happens. After the recent fall POG is still $2330, at ~10000 ounces per quarter that is around $8.5m ebitda, more than 1/7th of the mcap every 3 months.

For a company that's debt free with long mine life and low cost options to grow substantially in size it's unbelievably cheap. Staggeringly cheap.

This is far too cheap,I cannot see this being this s.p. for long,company has huge cash pile ,which is growing daily,and production levels about to be improved considerably,market just needs time to realise the truth here. I would think 150p is realistic for this year.

You cant instantly arbitrage with stocks on unconnected markets. SRB lists on three. Although prices differences may exists, base on spot FOREX, no arbitrage opportunity exists. Buying equity at different value does.

Are you unable to get another broker?

The other shares you post about are not listed in Canada, which is odd

I own my SRB shares via the TSX as my broker does not allow me to buy in London.

The volumes were low in December, but now they are trading at multiples of this.

The price in London will shortly follow as the arbitrage opportunity becomes larger.