Shanta Gold Share Discussion Threads

[qs99] 10/12/2019 12:20

Personally think this is more sustainable rise

[redhill] 10/12/2019 09:59

Nice 1 million share buy at full ask.

[juju44] 10/12/2019 09:54

Getting carried away . It is no longer in oversold territory so further upside short term could be limited . Hope I am wrong

[qs99] 10/12/2019 09:52

Think the volumes and steady rise imo says stale bulls and soft holders are nearly out

Decent RNS or two and 20p beckons

Dyor and gla

[jc2706] 10/12/2019 09:37

Not sure of Texaschaser's credentials regarding charting but I strongly disagree. From my reading we have just reversed a head and shoulders top formation which is often extremely bullish.

[qs99] 10/12/2019 08:19

indeed. Let's get it through 10p first stop.....EV/EBITDA as Eric the CEO keeps telling us looks far too low IMO....DYOR

[imnotspartacus] 10/12/2019 06:54

Looking at the charts if the price can hold above the weekly 10ma this week, then we could be in for a multi week upward movement. I like it.

[alangrifbang] 09/12/2019 21:21

This share got a really good write up in the weekends papers,this is why it has risen today,

[hazl] 09/12/2019 20:28

this has been good this year.

[qs99] 09/12/2019 16:06

338, I'll take all of those numbers, thanks!

[redhill] 09/12/2019 15:50

Texaschaser

You must be a real expert at reading charts. Perhaps you need to be on Bloomberg TV !

[338] 09/12/2019 15:47

27p in January/February 2020 will be nice :)

[338] 09/12/2019 15:42

the chart says Up... Up .. UP... good bye "under 10p" this week ...

[texaschaser] 09/12/2019 15:27

The chart says last gasp of air before fall.

[qs99] 09/12/2019 10:34

redhill had thought the same I thought, but let's assume early Jan then to be safe with the "next few months" thought process.....as ever DYOR and still love the recent presentations where Eric just drools over the 2 X EV/EBITDA valuation etc....

[jasper2712] 09/12/2019 09:55

"The group received $1.4million in November and the rest of the money should be repaid in the coming months."

I would like to know where they get this information from. If it is from another source rather than Eric then we should all be buying into this.

[qs99] 09/12/2019 09:41

I have bought on back of that video presentation to stacks I own already, and on back of DM piece which adds weight IMO/DYOR to the VAT refund in December thought process....it talks of "weeks" rather than months, let's see, either way those are some bold pronouncements........which will help with loans due early 2020 DYOR

still think 338's 43p target is possible!

[redhill] 09/12/2019 09:22

Actual spread is now 8.525p-8.615p

[338] 09/12/2019 09:15

Building up and up... 👍

[goodgrief] 09/12/2019 09:09

Tag team trolls in attendance...

[borisjohnsonshair] 09/12/2019 09:09

Yes - collapse starting

[qs99] 09/12/2019 08:47

Again, DM references VAT refunds in the very short term IMO....DYOR, but I still am not sure people have picked up on that as it could be extremely material

Still lots of stock around, I picked up a few more and was paying well under the odds....but it all helps an nice to see some IR for a change

DYOR

[jc2706] 09/12/2019 08:44

I don't think that the chart is indicative of a dead cat let alone a bounce.

[redhill] 09/12/2019 08:43

The Market makers are trying to create the impression that there are a lot of sales going through when in fact the opposite is true according to the quotes i get.

[borisjohnsonshair] 09/12/2019 08:39

Dead cat bounce