Shanta Gold Share Discussion Threads

[338] 05/8/2019 07:01

China's yuan hit record low, which could create contagious effects negatively to stock markets but drive PoG up

[redhill] 05/8/2019 06:24

Gold through $1450 this morning.

[hazl] 04/8/2019 12:24

SHG GGP BMZ IMO

[qs99] 04/8/2019 12:17

AAZ, good shout, may take a look at that as well, but over stocked on golders! Roll on $1,500 next week! GLA

[saint in exile] 04/8/2019 00:02

Think AG will still be right when he's wrong

[redhill] 02/8/2019 21:15

The chart seems to indicate that we are poised for the next move up.

[338] 02/8/2019 16:29

don't miss the boat, AG!

[bmnsa] 02/8/2019 16:09

All time High of 1194oz reached today.

[bmnsa] 02/8/2019 16:08

AAZ up too

[qs99] 02/8/2019 16:01

CEy and SRB up....

[lenzcrafter] 02/8/2019 16:00

Ftse down...is this the only share up?

[qs99] 02/8/2019 15:58

interesting 338, locked and loaded!

H1 results were out mid-August last year, so that should be a known new RNS coming up IMO...maybe that is accounting for the uptick? as well as POG motoring DYOR

[qs99] 02/8/2019 15:47

indeed, $1,600 may then be possible and SHG will be heading much higher.....DYOR

[338] 02/8/2019 15:37

Move your monies into gold related sector as quickly as you can... SHG is a good one... dyor

[qs99] 02/8/2019 15:20

payroll slowed up in US it would seem DYOR, but Gold perked up again on back of it....really could see $1,500 soon I reckon....let's hope that isn't the kiss of death, but SHG, CEY, SRB are my gold holds....

[roguetreader] 02/8/2019 14:16

Cheers Chip, I didn't pick up on the fact SHG published it in their Quarterlies. Useful thanks.
RT

[chipperfrd] 02/8/2019 14:11

Hi RT,

I keep a weekly sheet on COMEX PM paper trading which also includes gold and silver OHLC weekly pricing. So I automatically get quarterly average price readouts.

I also use the Sharescope charting software which provides both LBMA and Spot pricing and thus can easily provide period averages.

In addition, SHG helpfully provide an average spot price in their quarterly reporting (right at the end of the reports with the hedge data).
Chip

[roguetreader] 02/8/2019 13:49

Hi Chip
Quick question, where do you get the average price from? Do you calculate it or is there an online source available?
RT

[zcaprd7] 02/8/2019 13:11

Looks primed for a breakout to me... Topped up.

[chipperfrd] 02/8/2019 13:03

They are predicting that they will be in a net cash position by mid 2020 so perhaps they will then phase out their hedging programme. I would certainly hope so.

I note that the current hedges are up to May 2020 so it will be interesting to see if the next 3 quarterlies report any further hedging beyond that date.

Of course, if only they were reimbursed for their outstanding VAT they would already be c. net cash!!

[hazl] 02/8/2019 12:59

A clear 'W' ON THE CHART.....says it for me.

[juju44] 02/8/2019 12:47

Gold bull . If you're not in you can't win