Member Info for bobo

I'm in 143 too good to miss the other day, saying that I was eyeing this up at 180 but no cash.....dodged a bullet. BoIIocks to what sextoybreakdown says I needs a gamble.

And what an RNS Production ahead of forecast (oil as well), new reserves to be booked. All going well for smdr

Srb has a less than impressive history to say the least, however with new backers and new board they really seem to have got their shlt together. All looking good for production restart. http://www.investegate.co.uk/serabi-gold-plc--srb-/one/operational-update--progress-on-proposed-acquis---/20130514070048H1356/

http://www.investegate.co.uk/serabi-gold-plc--srb-/one/serabi-gold-and-kenai-resources-announce-propos---/20130507000130H9354/ High grade ore, but don't we have enough land?

looks to be recovering. Another high impact exploration well underway, could be a transformational year for smdr

Could be the cause, a sell worked through the day/week

Yep, most surprised I have to say! Good call to sell. Didn't add at 180 thankfully, may do at 160. Didn't expect this, ah well

May see another dip today as oil has fallen since yesterday's close, gold seems to have stabilised for now. Today's gold price may give you an idea how oil then smdr will perform in the short term.

Problem is I have no idea whether its going to 180 or not, all I'm saying is that I would see 180 as a good buy, so I would add. If we sold and the sp bounced back a little do we panic and buy back higher and end up with less stock? I'm happy to sit out any dips in comod prices. If you were going to trade it I would suggest the time to sell was on the recent well result at 215p and wait for the pullback, a bit like you've done in CAZA. It's a %age game, the odds of a 10% fall were a lot higher at 215p than they are at 188p Smdr are a solid company with access to substantial cash to grow, that's why they're in my Isa. Whatever the reason I always stick the longer term stuff that i consider 'safer' in my Isa.

Oil taking a kicking on the back of gold. Recently bought these in my Isa, long time fan of smdr. Buy more at 180, then (hopefully not) buy again at 160. 2013 could be a transformational year for the reserves, and all that cash generation to back it up. I've always thought smdr was short of P1&2 reserves to really give the market cap a boost, this could be the year that changes.

is down around $150 recently and around $300 since the start of the year. This equates to $12-24m free cash that medusa will never see if the gold pirce dosent recover. Budgets for the year have just been blown out of the water http://www.bloomberg.com/news/2013-04-15/gold-extends-bear-market-losses-as-investors-reduce-etp-holdings.html http://www.bloomberg.com/quote/XAUUSD:CUR/chart

Was looking at this as a good growth company for my 2013 isa allowance. Will watch from the sidelines for now. Gold around 10% down recently, $150/oz ish, MML taking a beating cos they don't hedge so will take the full brunt of the fall

Gold price taking a kicking again "Unhedged producer" dosent look so smart now eh?

i know this guy. The whole business model is to consolidate a highly fractured market then sell on to one of the big boys. There are so many of these companys no big player could be arsed to consolidate the sector (although a shrinking sector). Takeover will come one day, no idea when. Look at Rileys holding, soon to join the super rich. Hes already a wealthy guy, built himself a tacky mansion in the country.

http://www.investegate.co.uk/salamander-energyplc--smdr-/rns/north-kendang-1-suspended/201304110700120430C/

cheers probably better if you mail me, jsb01 at live.com

Morning smarts, I'm about to shell out for a new mattress, are you interested? Thought I may as well give my cash to someone I 'know'

Been on my watch list for over 12 months and for various reasons never bought. Not missing a chance to get in at this price. There has been zero negative news here, only negative may be the gas price but it certainly dosent warrant a 50% drop

the recent positive updates, Grewals track record, and the fact the sp is on its arse, i rekon this is worth a dabble. dropped to 5p then bounced back to 10p in a few weeks 12 months ago, so looking for a similar result again

IS PHILSKI