Shanta Gold Share Discussion Threads

[338] 05/8/2019 13:48

Is 10p good enough?... I am looking for 45p

[ileeman] 05/8/2019 13:19

Very nice breakout on SHG and gold flying, hold above 8.6p then 10p will come very quickly.

[hazl] 05/8/2019 13:01

FRES IS a bit of a bargain as well as SHG.


IMO

[redhill] 05/8/2019 12:04

That was just one MM on @ 9.02p

[338] 05/8/2019 11:13

MM increased the offer by 0.02p.. 😂

[338] 05/8/2019 10:52

I am also holding Treasury... All doing good

[338] 05/8/2019 10:50

Why not? gold and silver mining are the best place to preserve wealth at the moment

[jc2706] 05/8/2019 10:33

I would be cautious on the comparison with AAZ. Whilst I think that SHG has the assets and production profile to actually be worth more than AAZ, we are starting from a higher base than AAZ did when it rose by twenty fold. If SHG goes up 10 times then I would expect AAZ to have gone up by 3-5 times as well.

[saint in exile] 05/8/2019 10:24

Well look what Aaz did

[338] 05/8/2019 10:14

This is just a start for 10 bagger 😉

[redhill] 05/8/2019 10:06

Half yearly results due sometime next week probably, though no date confirmed, could give this a further boost.

[jc2706] 05/8/2019 10:01

Breakout indeed. Let's see it confirmed (a back test may still come). Looking back to the beginning of the year gives a pretty good indication of how this plays out, although that was on the back of improving operational fundamentals rather than gold price. If it sticks to the pattern then around 10p is a target in the short term. If the price of gold gives it a nudge it may go higher.

[qs99] 05/8/2019 09:56

No way is that 9p ask on my screen? Ffs.... happy days

[deanmatlazin] 05/8/2019 09:23

this should re-rate. 16p in on the card

[qs99] 05/8/2019 09:20

that is also a decent sign....bit of news....

[redhill] 05/8/2019 09:09

They have stopped quote and deal again for the time being !

[qs99] 05/8/2019 08:48

ahem.....breakout

[cf456] 05/8/2019 08:45

Jim Mellon very bullish on gold (page 6):



"Be in no doubt, the absolutely best bets available to Master Investor readers right now, are in the precious-metals complex. Gold and silver, in particular, are the easiest of these to trade and can also be represented in portfolios through selected mining companies."

[338] 05/8/2019 08:44

See you at 45p, AG 😄

[juju44] 05/8/2019 08:29

Break up from bull flag arriving

[qs99] 05/8/2019 08:12

fingers xd

[redhill] 05/8/2019 08:10

Can't get a quote and deal price this morning even for 1000 shares. Not much stock about i guess !

[qs99] 05/8/2019 08:02

SRB opened nicely, just waiting for SHG to catch up....