Shanta Gold Share Discussion Threads

[tsmith2] 07/5/2019 10:39

significant mine life extension for very little cost

excellent grades

[jc2706] 07/5/2019 09:24

I am not sure that many producing companies react particularly to drill results unless they are something eye catching in a new area. This is an extension and a welcome one but the market is more likely to react to an upgrade in the reserves on the back of such drilling at this stage.

[juju44] 07/5/2019 08:57

Yep , that really rocked the boat

[redhill] 07/5/2019 08:57

Very muted reaction so far.

[qs99] 07/5/2019 08:48

Thought the market may have liked this RNS more!

[redhill] 07/5/2019 07:45

Yes excellent drilling results so far.

Hopefully EZ will do a Pro active investors interview today as well.

[qs99] 07/5/2019 07:12

Yup, very much so tsmith2. If you look back at previous presentations, you can just sense IMO CEO's excitement at the possible downward extensions on offer....this is a starter for ten...roll on July for Phase 2 results and more detail.....DYOR

[redhill] 03/5/2019 22:32

Gold went up today. Hope this helps !

[redhill] 03/5/2019 12:47

Did someone cry beetle juice 3 times ? :0 )

[jc2706] 03/5/2019 11:00

Wriggle, wriggle!

Come on AG, as you have been proven wrong more times than gold analysts, do you not think that it is about time you moved somewhere else to peddle your particular brand of twisted analysis?

[jc2706] 03/5/2019 10:06

Wriggle, wriggle!

You were responding to a specific article and, as such, your words can only be taken in relationship to that article. Try to get out of it as much as you like but the truth is there in black and white.

[jc2706] 03/5/2019 09:10

AG,

Do you actually read or listen to anything at all?

I can only assume that your thought process goes along the lines of:

1. Think up a stance
2. Look for any evidence that might support such a stance
3. Exaggerate the evidence
4. Ignore all evidence that contradicts such a stance
5. If there is no evidence, stick with the narrative regardless

[jc2706] 03/5/2019 09:08

Let's see if we can make these statements consistent:

1. Current gold price $1270

2. Quotes from report - "Gold will average $1,322 an ounce this year and $1,369 in 2020.... The gold forecast for this year is 4 percent higher than last year’s average price of $1,268.... gold will struggle to break convincingly above recent peaks of $1,374.91 hit in 2016 and $1,366.07 last year"

3. Quote from AG - "they are claiming that it will rise massively amidst turmoil.... a 10+% rise in a quarter would surely be needed to support their claims being correct"

Nope, I can't.

[jc2706] 03/5/2019 08:10

AG,

I bow to your knowledge (although possibly not your maths as, on the basis of your statement, they would have been right more than 4 times as prices rose more than 1 year in the period you quoted).

Could you provide me with evidence of the 35 times they were wrong (which, bizarrely, is probably about the same number of times you have been on SHG!)?

[jc2706] 03/5/2019 07:37

Well they were very right at the start of that period as gold prices more than doubled. I suggest that you use 6 years next time as it would probably suit your narrative better.

[jc2706] 02/5/2019 16:54

Oh no! Analyst consensus that gold will go up almost certainly points to lower gold prices.