Disappointing 1st qtr production of 4,985 ozs of gold, due to delays receiving new equipment from a manufacturer and problems with existing equipment have now been resolved. Management re-iterated their production target for this financial year to be 40k ozs. @ a cost of less than $400 oz, thereby leaving much potential upside to the current 17.75p sp for this �25m cap co. Add in $18m of cash, a forward pe of 4 (house broker) and positive cashflow, it appears to be an attractive addition to a mining portfolio.
2517

I'm still in and loving it.,.

actually in the money now, so keep climbing, perhaps those extra shares will pay for them selves now.,.

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making good progress with good news coming, in the money now.,.

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Hey check this link out, found an interesting interview with Serabi Gold.

It's well worth a click:

http://www.brrmedia.co.uk/event/98072/michael-hodgson-chief-executive

still haven't learnt how to put a link in then.,.

AUDIO WEBCAST: Serabi Gold - First Phase Infill and Step-out drilling

Click here

Excellent news.
2517

WATCH: Chief Executive of Serabi Gold, Mike Hodgson, provides a company update

Click here to watch video

WATCH: Mike Hodgson, CEO, presents from the Palito mine in Brazil.

See all 5 videos here

LISTEN: Serabi Gold (SRB) - On schedule to commence commissioning of Palito by mid-December

Click here to listne

WATCH: Serabi Gold (SRB) - Initial Plant Testing at Palito

Click here to watch

WATCH: Serabi Gold (SRB) - Q1 operational update

Click here to watch

LISTEN: Serabi Gold (SRB) - Paliton update & award of share option

http://www.brrmedia.co.uk/event/122899/mike-hodgson-chief-executive