Shanta Gold Share Discussion Threads

[nielsc] 02/4/2020 09:19

I don't think Tanzania can afford to lock down like the western world - they can't put themselves in ridiculous debt.From what someone else said they are following a pragmatic approach of cleaning hands and most likely social distancing. Cheers,Niels

[jasper2712] 02/4/2020 08:34

Sounds like a stalker in the making!

[onedayrodders] 02/4/2020 07:57

That's an easy one .. it's a bit like dumping a girlfriend... you're still interested in what's going on with her for a while yet

[redhill] 02/4/2020 07:45

trader365

Actually i'm really wondering why you are still here on this BB as you advised you had sold out a month ago !

[trader365] 01/4/2020 22:30

People seem to be missing the point and dismissing the risk in the mining sector. Some may think I'm a 'deramper' but BB posts don't move share prices, production moves share prices. Where will SHG production and share price be in Q2/Q3?

[nielsc] 01/4/2020 21:46

I think UV kills it. Warmer countries are generally sunnier so perhaps that would lower the spread from objects people touch.Cheers,Niels

[jc2706] 01/4/2020 21:13

That's very different. The influenza virus survives very well in the body but there are flu seasons that occur in winter largely because it does not survive well outside the body in warmer temperatures.

[jasper2712] 01/4/2020 19:31

Seems to survive in the body OK and that is 37c

[jc2706] 01/4/2020 15:02

Bushtuckaman,

Yes, I look at that regularly. That is what I call anecdotal evidence! Anyone know of empirical research?

[bushtuckaman] 01/4/2020 14:10

JC, look here. I would suggest it is just happy talk based on the numbers in warm countires.

[redhill] 01/4/2020 14:09

I have heard the virus won't survive in temperatures over 35 C but that may just be rumour.

[jc2706] 01/4/2020 13:44

I haven't really looked at whether hotter climates are influencing the spread of cv. Anecdotally it would appear possible but does anyone know of any research available?

[bahiflyer] 01/4/2020 13:35

Today's AllAfrica reports the first death in Tanzania from Covid-19, but also reports there are no new cases from the 19 previously diagnosed.
The Health Minister also reiterated the precautionary measures to prevent the spread of the outbreak and reminded that it has directed the installation of hand-washing facilities at the entrance of all offices, hospitals, bus stops and shops.
So no sign of people being dissuaded from going to work and certainly no shutting down of mines.

And why would they, a country so poor as Tanzania where the majority live in areas of congested housing and poor sanitation are probably viewed as better off at work and safer provided those companies are observing precautionary measures.

The conundrum for extremely impoverished countries in Africa like Tanzania which has an acute lack of medicines, inappropriate facilities and shortages of trained medical staff,is, would you risk the effects of an increase in cases on your under prepared health service by allowing work to carry on as normal.
Or, shut down the very companies who are probably doing more and putting more directly and indirectly towards maintaining the health of their workers and communities.

Well they shut none down during the Ebola crisis and i'll put money on they likely wont do now. More likely the companies themselves will take measures to reduce staffing levels if they themselves feel its safer to do so.

[jc2706] 01/4/2020 10:39

Indeed. The problem is differentiating between poorly nourished people and obese people to determine the root cause.

[hazl] 01/4/2020 09:49

Interesting conversation.
I haven't seen the reports about the obese.
However, they fail to acknowledge, time and time again, the fact that many of the obese people, particularly I imagine in the poorer section of society, are malnourished.
And if you think that's contradictory....think again.

It seems our food industry by dint of their many practices, particularly rushing its growth and not giving the plants time to build up the vitamins mean our food is not the quality it was.
I'm sure that is why this business of advocating five a day has been promoted.

IMO

[jc2706] 01/4/2020 08:41

I believe that it was 70% were overweight, obese or morbidly obese. An awful lot of people in this country fall into those categories. Comorbitities account for a significant portion of the rest but there are lots of those around as well.

Just to clarify the Imperial College modelling, it originally suggested that the NHS would be able to cope based on early information of the rate of spread, percentage of those hospitalized, percent of those requiring intensive care and percentage of those who died. With those original assumptions the herd immunity approach appeared to be the best one. However, the data coming out of Italy suggested that the outcomes were worse than expected and the model predicted 500k deaths should no action be taken and 250k deaths should the government's then current mitigation actions remain. However, with a lockdown the hope was that the number of deaths could be reduced to 20k or less. This was published the day that both the US and UK changed tack (as they both used the IC model as a basis for their approaches).

Just a word on the Trump banning flights from China, whether this was or wasn't the correct decision is a matter for debate (at the time it was criticised by pretty mich everyone including the WHO). What really isn't debatable is the reason for it as it was nothing to do with Covid-19 (have a look at his comments at the time) and everything to do with the ongoing spat between the US and China.

Whatever the case about these things, we are now where we are and we need to make the most of the current situation. The most recent model suggests a peak in a week or so which may well be accurate (I would think deaths would peak a week or two later) although the suggested peak death rate appears far too low at 260 per day given that yesterday saw 381 deaths.

[redhill] 01/4/2020 08:39

They say the stock market has to climb a wall of worry !

[redhill] 01/4/2020 08:24

There are a lot of what ifs.

trader365

You can sell all your shares,put the money in the Bank and the Bank fails.
Nothing is 100 % safe in these troubling times !

[the sherman] 01/4/2020 02:09

The point is indeed correct. I saw a report the other day which looked at the comorbidities and other factors relating to deaths due to Covid-19 in China. 71% of all those who died were above the recomended body mass index for their height. What this means is that obese people had a much higher chance of dying. There were a few other interesting observations. Twice as many men as women were dying which was equally worrying.

[chestnuts] 31/3/2020 23:17

I think i read that on the BBc on my phone 2 days ago but it makes sense with Diabetic as one of the main reasons for mortality because of covid 19

[trader365] 31/3/2020 22:59

"70% of all fatalities are obese"

Where did you get that figure from?

Perhaps buy a gym then.

[trader365] 31/3/2020 22:56

There are many conflicting sources of information. The most worrying is the 19% death rate of closed cases:

As traders/investors we need to be assessing risks. If SHG income dries up for 3 months, or even 6 months what will happen? Buying opportunity or bankruptcy? Simply burying one's head in the sand and 'hoping' things turn out well isn't a plan.

I think the production halts that are sweeping through the sector will provide some excellent buying opportunities over the next 6 months, but equally there will be some failures in the mining sector.

[338] 31/3/2020 21:42

Originally, the predicted casualty was around 226,000 people to die... The latest guidence is 20,000 as an excellent target... Crazy plan 😂

[338] 31/3/2020 21:40

The UK scientists suggested Boris to take strategy of herd immunity together with 4 Stage Coronavirus Battle Plan... That's where we are now