Market's view on Serabi

Published on April 2024

  • A Stock watcher predicts a trading range for gold between $2,200 and $2,400 for the remainder of the year, with a floor price at $2,000 and resistance at $2,400.
  • Concerns are raised about the company’s ability to progress without its full license, suggesting it is essential for operations.
  • There is speculation around chart movements indicating potential spikes above 70p if supported by positive developments and stable or continuing gold bull run.
  • Insights from sources suggest promising developments and good news on the horizon for the company.
  • Discussions include the significance of the three-year trial extension and the roles of various agencies as detailed in a report, emphasizing benefits such as community programs and local economic boosts.
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