Shanta Gold Share Discussion Threads

[qs99] 07/4/2020 08:10

gold futures over $1,700...DYOR but SHG c'mon....

[alangriffbang] 06/4/2020 21:21

Boris is in intensive care this may ruin everything in the morning ,

[12strings] 06/4/2020 21:11

Gold up nearly 3% on the day now testing $1670/oz. USA DOW etc all flying.
Should see further advance in gold miners this week, but I don't think the real show will start til this powerful DOW/FTSE up day in this bear market sees further weakness.

Nice to watch !

[redhill] 06/4/2020 20:38

Gold rising again nicely.

[12strings] 06/4/2020 11:17

Big picture as I see it after watching this:

hxxps://youtu.be/rG7KHglCI9Q

Phase 1 (until now) Gold price suffers from margin calls under "sell everything"
Phase 2 (just beginning) Gold rises as hope puts a floor under FTSE etc
Phase 3 Gold rises but miners lag as institutions buy the wider market
Phase 4 Dead cat bounce peters out as depression fears mount
Phase 5 Markets fall again as depression and inflation prospects increase. Gold and gold miners fly

I've been lucky (thanks to SCSW and picked a couple of internet companies that are benefitting from the lock-down. So I'm happy to hold SHG. They will continue to become highly profitable and in a 12-18 month timescale I expect x2 share price

[juju44] 06/4/2020 08:30

What you dont explain is ,why with all those buys you claim , the price keeps dropping

[jc2706] 04/4/2020 13:37

Juju44,

As Redhill has said, this has been explained to you over and over again and yet you never seem to get it.

[juju44] 04/4/2020 09:38

Its just nerves , man , nerves

[trader365] 03/4/2020 23:32

I find it strange that people here are fretting about buys and sells at fractions of a penny, but the same people are holding thro multiple penny moves!

[redhill] 03/4/2020 22:06

Juju 44

How many times must it be explained to you that often buys are done below mid price and show as sales on ADVFN !

It's not rocket science to determine the spread at any given time.

[trader365] 03/4/2020 19:14

Very often there's more sells than buys and a share rises, and vice versa.

[juju44] 03/4/2020 18:53

Actually there was a mass of sales earlier in the day but some buys PM . Sells outmatched buys by 1/2 million shares . So my comment was valid . Blind faith doesnt lie well with me - its for the non thinkers

[trader365] 03/4/2020 18:03

JC posts both positive and negative should be welcomed for a well balanced thread. Share prices don't move up or down based on ADVFN BB posts!

[space_bob] 03/4/2020 16:41

The Tsunami of selling will happen when the US markets fully wake up to what's happening. They're down about 10% from a year ago despite the world economy coming to an almost complete stop. With an extra 10 million unemployed expected in the US this month, I think Trump might be forced to put in place a job support scheme similar to ours which will cost trillions. It's all going to help the gold price, but gold shares will go down with everything else for a very short time. I think I'll be buying back in at some point in the next 6 weeks, it's just a case of being patient and waiting for the falls.

[redhill] 03/4/2020 16:25

Well what's keeping it down with the tsunami of buying ?

[juju44] 03/4/2020 15:48

Don’t get your knickers in a twist big girl

[hazl] 03/4/2020 15:06

Ha ha.
He's such a bore isn't he?

[jc2706] 03/4/2020 14:57

Probably because there isn't a tsunami of selling.

[juju44] 03/4/2020 13:53

Hard to see what is holding this up with the tsunami of selling

[jc2706] 03/4/2020 13:23

I don't have a problem with people posting when they no longer hold. The problem tends to be that the posts take on a negative slant as it is only human nature to want to be proven correct in one's stance. I found myself doing the same with AAZ so consciously made the decision to stop posting.

[trader365] 03/4/2020 11:23

REDHILL2 Apr '20 - 07:45 - 33261 of 33271
trader365

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


I would have thought the answer was simple...

To keep abreast of developments while waiting for re-entry

[redhill] 02/4/2020 16:56

thelagerkhan

Yes but this quarter its on the 21st.

[thelagerkhan] 02/4/2020 16:39

Redhill,
Quarterly report is usually third Thursday of the month which would make it the 16th.

[redhill] 02/4/2020 16:03

Quarterly production due Tuesday 21st April.

[qs99] 02/4/2020 14:58

gold heading north. I think we can all agree that Gold should trend higher given everything.

Notes I have read from various financial instis, suggest that the UK banks are much better capitalised to deal with this than the 2008/9 crisis and govts are also stepping in.

Will be holding SHG for the 338's 48p target!!

DYOR