Shanta Gold Share Discussion Threads

[338] 05/9/2019 14:10

PoG can hit $2000+ when ngative rate is introduced in USA, I think

[338] 05/9/2019 09:56

Great News!!!... 👍👍👍 to be released in Q4 (from next month onwards) based on investor presentation and update (04 September 2019)

VAT offset or refund being negotiated...

45p is coming 👍

hxxps://www.shantagold.com/news-media/news/

[redhill] 04/9/2019 17:25

16.26 the same 444 went through as a contra to this mornings trade !

[338] 04/9/2019 14:13

MM will signal (338) to start share price rocketing 🚀🚀🚀

[redhill] 04/9/2019 13:36

Was this a Market Maker signal at 8.01 (444) to keep trading this sideways ?

[qs99] 04/9/2019 09:19

a confident break out from 10p IMO should be on the cards on the back of a positive RNS update....where we head to from there? probably IMO around 15-16p in the first instance, let's see. IPO/VAT/Trading/Resources.......lots coming up and POG still holding up well IMO

[qs99] 03/9/2019 19:00

Well, if they are sells, they are being soaked up nicely. POG up sharply again, doesn't seem to want to head South IMO! Fascinating articles ongoing about risks to economy, low interest rates and deflation risks, flight to bond safety driving yields down further, trade wars, Iran continuing to be nutters so risk in Gulf, Trump and who knows what from him, EU heading into massive economic uncertainty IMO......GOLD on that basis alone has much further to run IMO/DYOR....with more positive news hopefully from SHG, this is just the start and as I have said many times, roll on 338's stated Target Price of 45p!!! Donuts all round mate!

[hazl] 03/9/2019 18:19

He always does that when he's sold.
It's human nature perhaps not to want it to rise further after you've sold but to influence others to make yourself feel better is a bit despicable in my opinion.

[juju44] 03/9/2019 17:03

Look guys just get the fekin share price up - thats what its all about

[jc2706] 03/9/2019 16:41

Good grief. He was even told earlier by Redhill what the situation was regarding buys/sells.

[hazl] 03/9/2019 16:12

Sorry for script.

[hazl] 03/9/2019 16:11

I DON'T THINK THEY ARE ALL SELLS LOOK CLOSELY.

[juju44] 03/9/2019 16:03

Look at gold/silver breaking up and all sales here

[bsharman3] 03/9/2019 15:45

I'd like to see this break out of the 10p resistance - when will we get news on the VAT????

[338] 03/9/2019 10:32

Awaiting game, PoG is going to break $1560 resistance...before fed meeting?... or earlier due to Brexit uncertainty

[redhill] 03/9/2019 08:27

Spread is 9.80p-9.83p so everything will show up as a sell (Juju)

[jc2706] 30/8/2019 15:56

There is a reasonable balance of buys and sells. It is just that the mid has been set to make all of the trades look like sells. They have also shoved in a couple of 100k trades above 10p and reversed them in an attempt to confirm the view. This is a standard tactic by market makers and is not, I believe, strictly legal! Proving it is another matter of course.

[redhill] 30/8/2019 14:29

Not exactly but you can buy at 9.872p at the present and these show as sells.

[juju44] 30/8/2019 14:00

Tsunami of sales

[redhill] 30/8/2019 09:32

kennyp52

Regarding the future reserve it is impossible to answer.It all depends upon how many of these contracts are worked through in the second half of the year and the price of gold at 31/12.

[redhill] 30/8/2019 09:29

At the moment it looks like any pullback in gold is met with buying.

[jc2706] 30/8/2019 08:43

There is at least one TA exponent I watch who is suggesting both - a bust before a boom. Most are suggesting a limited pull back around here down into the $1400s although the upper part is most common.

[kennyp52] 30/8/2019 08:32

Some good posts in here . My main concern is still how the hedge loss reserve of 5.5 Mn was calculated . Being an accountant I understand they have to make the reserve based on fair value which means that although they are selling at market POG it has to be valued at the hedge value . I just want some clarity as to any future reserve that will keep knocking the figures .
338 .. those in gold ramping it ... those out are more conservative , some even saying the bubble due to burst . Depends on where you pick your news up from .

[338] 29/8/2019 11:33

Gold has room to hit $2000... The year end target has been revised upwards by many institutions from $1600 to $1750...👍