Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Mike Hodgson, chief executive officer of AIM-quoted Serabi Gold (SRB), says the company is on the look-out to snap up new companies and projects as it seeks to lift production from the Tapajos region of northern Brazil from a maiden 18,500 oz. 1ast year to around 35,000 oz. this time, with nearly 45,000 oz. on the cards for 2016. Serabi, which lost a much-reduced $175,000 (£118,000) in 2014 on $12.7 million turnover and has been using up tailings and stockpiled material from its producing Palito mine, hopes to add more than 5,000 oz. this year from its newer high-grade operation at Sao Chico, 23 km. away, and hoist annual output from this second source to more than 20,000 oz.
Filed under:
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Tuesday »
Monday »
Sunday »
Saturday »
Friday »
Thursday »
Wednesday »
Time left: 15:41:45