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Message: Serabi plan to restart production

Serabi Gold looks as if they are turning the corner. They ceased production early 2009 after the financial crash. However this summer they did a PEA that indicated that the Palito mine is a viable proposition now. See report:

http://www.marketwire.com/press-release/positive-preliminary-economic-assessment-serabis-palito-gold-project-supports-re-start-aim-srb-1668620.htm

The latest update is as follows:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=11395500

The financing necessary to restart the mine is in process and won't be finalised until early 2013, it still needs shareholder approval from parties financing.

The shares have been on a slide for some time like many small PM miners, but this one is worth watching.

Own research necessary!

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