Shanta Gold Share Discussion Threads

[338] 15/8/2019 10:24

Going up 1p per week until brexit decision is good enough for me 👍

[kennyp52] 15/8/2019 09:42

Compare the sales and POG ? How much depreciation in that time . What a moron

Possible professional deramper by the looks of it . Nobody rants like this unless they are deranged .

Sell while it’s up 10% or are you not invested ?

Time to filter this nonsense I think

[jc2706] 15/8/2019 09:39

10p likely to provide some resistance.

[338] 15/8/2019 09:31

deanrobeerhunt,

US$ 400 million market cap meaning 45p per share 😁

[redhill] 15/8/2019 09:27

AG

You are a TOTAL BASKET CASE.

Obviously the medication has worn off.

[jc2706] 15/8/2019 09:04

Popular board yesterday. I was unable to read it all day but have had a browse through this morning. Some interesting stuff. Some typical misunderstanding (deliberate?) of accounts by AG but I am going to ignore that.

It is not often that I disagree with something posted by Redtrend but there is one. I disagree with the concept of fair value relative to peers at this level. On most measures that I follow I would rate Shanta at well below this relative fair value. Compare to AAZ as an example and I think that you will find it considerably lower considering that the two operations are very similar in scale. It is certainly less of a discount to the sector average as a result of the rise bugs nevertheless, I still feel that there is room for growth relative to the sector.

[deanroberthunt] 15/8/2019 09:01

10x EBITDA, then this is worth $400m.

[echnaton1] 15/8/2019 08:47

Not all Mugpunters bet on things rising

[deanroberthunt] 15/8/2019 08:38

Gold will be $2000 next year, per troy ounce

[ntbb] 15/8/2019 08:30

Barchart has given 100% strong buy signals

[lasata] 15/8/2019 07:52

Redtrend

Thank you for your in depth analysis

Which other gold/silver mining shares do you like?

[kennyp52] 15/8/2019 07:52

augustusloop ... deprecation is just a recognition of costs expended the benefit of which are over time . Typically in a mine these include the plant and exploration costs . In mining they are usually written off over the expected life of the mine . It’s money already spent being matched against the subsequent revenues . It generally does not need replacing and it is all cash flow from here on in . It is not like a traditional company which is expected to keep going for 100s of years ... there is a mine life . This is why miners continually look for new resource to either open new resources or extend the mine life and use these existing assets F.O.C. For relatively new miners the initial outlay is always heavy but as they mature the depreciation starts to drop out . I think you have demonstrated you do not understand what is going on this business and need to consider what you are posting as most of it , not all , is inaccurate misinterpretation . I take it you have missed out on the rise yesterday then ? There is no way you can be invested in SHG with your posts ... or are you and are even more stupid backing a share you do not believe in ?
Are you a paid deramper ?

[johnrxx99] 15/8/2019 07:02

Yeah man, doing loads at the mo :-)

[hazl] 15/8/2019 06:46

The gold scene is where it's at.

[kennyp52] 14/8/2019 23:15

Jeez augusutusloop ... deprecation is greater than capex ... correct . So what does that mean for cash ? Depreciation is non cash ... capex is cash . I think you must be quite mad or just don’t understand business . Maybe you’d be better off down at the bookies . Can’t understand why you here . Sell the lot at 10p . Cut your losses or close your short .

WHY HAS THIS SHARE GONE UP 11% TODAY ?

[338] 14/8/2019 22:53

Trump is on our side Matey

[338] 14/8/2019 22:47

See you at 45p, AG!

Getting closer Matey 👍

[qs99] 14/8/2019 22:25

Let’s see how it fares tomorrow with POG continuing to go up

[redhill] 14/8/2019 21:56

AG

Give it a rest.You don't need to post 24/7 to put your point of view across. You have done that on far too many occasions.
I think we all understand what you think so no need to keep repeating yourself.