Shanta Gold Share Discussion Threads

[jasper2712] 13/3/2019 14:52

Redhill
Can't see any specific mention of SHG. If it is smaller gold companies in general then I also don't see others in the top 20 movers. So I still think that there is something out there that has leaked and the rise is being fed by others jumping when a rise like this hits their radar.

[qs99] 13/3/2019 14:46

Agreed. Not seen anything like this sort of volume before. Pretty well ever! 30% up.....may need an RNS if anything corporate going on in the background. Let's see

[tsmith2] 13/3/2019 14:45

VAT refund north of 10pway too much volume for tipsheet. there's something going on.

[tsmith2] 13/3/2019 14:44

and this..

[tsmith2] 13/3/2019 14:43

This. I think we have a corporate/II buyer

[338] 13/3/2019 14:33

meaning AG must sell more The Big Issue magazine to cover his loss... lol

[qs99] 13/3/2019 14:29

UP and away again

[redhill] 13/3/2019 13:30

GOLD STOCK FORTUNES is the tip sheet Jasper 2712

[qs99] 13/3/2019 13:23

oops, soz, too quick haha. Maths never a strong point...maybe that is why I'm still in SHG haha.....

[redtrend] 13/3/2019 13:10

QS99 - not sure how you've calculated $6bn?! $6bn equates to TZS 14,061 billion!

TZS 15.74bn is only $6.7million.

[tsmith2] 13/3/2019 13:08

you may be a few decimal places out there..

[qs99] 13/3/2019 13:01

So $6bn VAT? Wow, that's some back log!

[jasper2712] 13/3/2019 12:56

The Government has once again reiterated its commitment to settle the Manufacturers’ outstanding Value Added Tax Refund Claims which has reached more than TZS 15.74 billion as at the end of June, 2017.
The amount is a claim from just thirteen members of the Confederation of Tanzania Industries

The $300m fine imposed on ACA won't go far $1 =2343 TZs


Redhill

Where is the tip sheet ?

[redhill] 13/3/2019 12:46

jasper2712

There was a tip sheet recommendation that is why it started moving up at 8am.
The rest is likely to be follow on buying after the share gets noticed.

[qs99] 13/3/2019 12:45

jasper, that is a good link to make, thanks, so maybe not specific VAT, maybe ACA making better headway on deal? Maybe better grades/find? Results bumper coming up? Seller cleared and people buying into CEO's v.bullish outlook and ludicrous (IMO) valuation (CEO talked of 1 X Cash flow).....? Squeeze looks like it is on though....DYOR and long may this continue to whoever posted a 45p target (not sure that is anything but ramping, but 20p on back of decent RNSs on the above is not out of the question IMO)....DYOR

[338] 13/3/2019 12:43

AG is shouting on the road now with some magazines... selling The Big Issue... lol

[tsmith2] 13/3/2019 12:42

I like the look of the intra day chart!

[jasper2712] 13/3/2019 12:42

Can't be a leak regarding the repayment of VAT as Petra Diamonds share price has not moved . They are owed $25 m so another explanation must be out there. I think it is a combination of the last RNS and the interview. But might as well say it is a Brexit effect as everything else seems to be blamed on it at this time.

[ileeman] 13/3/2019 12:41

Reason for rise?

"Tanzania relaxes protectionist regulations in mining sector"


hxxps://www.theeastafrican.co.ke/business/Tanzania-relaxes-protectionist-regulations-in-mining-sector/2560-5019246-teggptz/index.html

[qs99] 13/3/2019 12:21

12m volume and rising. Wonder if TNZ govt are buying in eh?! Joking....DYOR

[hazl] 13/3/2019 12:12

WOW .Just looking in ...it seems to climbing?

[redhill] 13/3/2019 12:11

Looks like the profit takers and stale bulls are almost done.

[redhill] 13/3/2019 12:11

Level 2 1v1 6.3p-6.4p

[338] 13/3/2019 12:02

Eric mentioned that Q1-2019 is as strong as Q4-2018... hopefully total production will be above the forecast

we will soon hear Singida financing this month!

a lot of interest from European investors