Shanta Gold Share Discussion Threads

[qs99] 21/6/2019 09:03

Boom, that's more like it....

[qs99] 21/6/2019 08:29

I was talking about the share and POG but could well have applied to AG, but then i have him filtered....haha

[redhill] 21/6/2019 08:18

You are so funny AG !

[qs99] 21/6/2019 08:15

off we go again

[saint in exile] 21/6/2019 05:53

Sloopy....gold rises this is a winner end of

[338] 21/6/2019 05:42

Please prepare... Riding a fast train at speed of 45p

[jc2706] 20/6/2019 22:09

I'm sure that there is a gold miner around here somewhere.

[parsons4] 20/6/2019 20:32

Not invested here at present for many reasons !!!! But have BMV only. Has anyone got any ideas on GOLD stocks as I believe GOLD is on the cusp of a huge rally !!

[redhill] 20/6/2019 19:31

AG

Actually it is in assets.

[qs99] 20/6/2019 18:54

POG heading for $1,400, hopefully that can be sustained and new levels consolidated at.....DYOR

[qs99] 20/6/2019 16:36

agreed. Good evenings all, let's hope we can keep above 7p at the very least haha!

[cf456] 20/6/2019 16:26

Shanta Gold reports best drill results in 15 years from Bauhinia Creek

[juju44] 20/6/2019 15:58

QS you always get some profit takers after a good rise. I am sure the trend is up

[jc2706] 20/6/2019 15:43

It is clear that the price of gold is a very strong influence here but there are other potential drivers, namely:

- debt repayment
- Q2 results (I suspect that these will be pretty good as they seek to optimise revenue flows for debt repayments)
- resource/reserve statement
- life of mine increase (as a result of reserve upgrade)
- dividend policy
- Singida finance

Clear the debt and start returning capital and this will be multiples of the current price in a strong gold bull market. With the grades being encountered at BC there is the potential to be more flexible with the mix to either include lower grade material or go for production growth as it is required.

[qs99] 20/6/2019 15:36

why juju would there be any big sell off after that RNS and JORC expected July? VAT news possibly, ongoing unwinding of hedge and decent production (hopefully) and de-leveraging of balance sheet, with ACA settlement with TNZ possible in next few months>? DYOR

[hazl] 20/6/2019 14:56

Ah juju 's here, likely to be a negative post, but you can't keep a good man down as they say!


SHG!

[juju44] 20/6/2019 14:09

BIG sell off now . Can it hold some gains

[hazl] 20/6/2019 12:30

What a super chart.... so glad I held onto some of these!

[jc2706] 20/6/2019 11:42

A good move today but if this breakout is confirmed then it will only be the start. The grades released today are exceptional and look to be defining a zone of very high grade mineralisation that will be targeted. No better way to improve production levels than to improve grade.

[nielsc] 20/6/2019 09:41

If Ag ever buys Shg then you know it's time to sell :-)Cheers,Niels