Shanta Gold Share Discussion Threads

[338] 12/9/2019 13:35

Only 600k more shares available under 8.2p... 🍩

[338] 12/9/2019 13:31

SHG is oversold

[338] 12/9/2019 13:30

PoG was expected to retrace to $1380 before running back up to $1600+


I think ECB actions today will stop PoG retracement that far

[jc2706] 12/9/2019 13:19

ECB have lowered rates and restarted bond repurchases as far as I can see.

[qs99] 12/9/2019 12:59

POG just gone nuts, anyone know why?

[redhill] 11/9/2019 22:18

Who could you be referring to kennyp52. LOL

[kennyp52] 11/9/2019 22:09

hxxps://www.investopedia.com/terms/s/stockbasher.asp

[redhill] 11/9/2019 20:16

Looks like gold is trying to break back above $1500 an oz.

[win2003] 11/9/2019 11:15

JC2706, Indeed I do. As we might expect, the Tanzanian shilling tends to follow the Rand. We might also note that their governments are having bit of a spat at the moment.

[redhill] 11/9/2019 11:07

Yes but Shanta don't operate in South Africa !

[jc2706] 11/9/2019 11:05

You do realise that this is not based in South Africa?

[win2003] 11/9/2019 11:03

The Rand has fallen significantly over the past two weeks against the US dollar (15.40 to 14.65). We might note the company finances are reported in USD and consider the influence of this on the share price - both in hardening it and softening it.

[jc2706] 11/9/2019 10:21

Wouldn't surprise me. Most traders lose money and you can see why every day on the markets.

[redhill] 11/9/2019 09:53

JC2706

Well i believe it started out like that but now seems to have turned into some sort of panic and as you say stop losses kick in.
Looking at the chart there appears to be support at around 8p and it will be interesting how it plays out.

Yes Gold has dipped a bit and the MM's dropped prices on small volume.
10p seemed to be the top of the range for the time being.

There was a lot of buying at 10p and i wonder how many of these punters are selling at a 20% loss !

[jc2706] 11/9/2019 09:14

Interesting movements again today.

Redhill,

I take it that you believe that this is a hunt for shares by the market makers? It does look like the sort of drop that is triggered by stop losses.

[jc2706] 10/9/2019 20:09

Idiotic ramps? Most people on here, AG excepted of course, try to give reasoned arguments as to why we think the company will succeed going forwards whilst acknowledging the geopolitical risks. Others on here just constantly post 'why share price not go up?'.

[338] 10/9/2019 15:17

Juju44,

Whoever paid under 10p will still make decent profit. dyor... holding longer can eran more... 👍

[juju44] 10/9/2019 14:46

At least my input is neutral . Your idiotic ramps have cost gullible punters a fortune

[redhill] 10/9/2019 12:34

Well sell up juju44 !

[jc2706] 10/9/2019 12:33

Meanwhile, in the real world.....

juju44 is moaning about the share price again (usually it's on the CGH board).

Thought about any useful contribution yet juju44? No? Thought not.

[juju44] 10/9/2019 12:24

Always has been a load of shoite

[338] 10/9/2019 12:23

AG,

When TG stops charging VAT...shanta will earn $85 extra profit per oz

VAT refund or offset will add nice toppings