Shanta Gold Share Discussion Threads

[zcaprd7] 18/5/2020 16:41

Still quite a bit of that pesky hedge to go then?

[alangriffbang] 18/5/2020 16:18

Sorry guys it was bango I bought ,now there’s a tip for everybody ,

[redhill] 18/5/2020 15:43

You can buy now at 11.78p . Below mid !

[qs99] 18/5/2020 15:31

7m shares, decent volume again.....HUM now at 30p.....shame gold is off now, but equities in USA have gone sharply higher....not sure that is merited DYOR

[alangriffbang] 18/5/2020 14:26

I bought 25000 lunchtime but had to pay £1 37p ,it was 10p cheaper when I picked up the phone ,I then had to wait thirty minutes and with all the rubbish they have to spout out ,I lost 10p , still it’s nice to be back on board ,

[338] 18/5/2020 13:05

The actual asking price is increasing now

[redhill] 18/5/2020 12:11

Market Makers must be printing these shares ! lol

[jc2706] 18/5/2020 11:21

Which will probably be tomorrow.

[hazl] 18/5/2020 10:42

33611 I will remind you of that post next time you're pessimistic....

[qs99] 18/5/2020 10:42

39m shares at last RNS from what I could see.....shame management just can't find another insti to buy the lot at a discount!!

[qs99] 18/5/2020 10:40

Yup. Been offloading for ages.....why would you have pension fund with these guys, offloading into a gold bull market ffs? DYOR

[redhill] 18/5/2020 10:39

QS99

River & Mercantile i guess.

[qs99] 18/5/2020 10:33

good volume I agree, but how many weak insti shareholders are there out there still?

[mad foetus] 18/5/2020 10:29

Decent volume, just need to break above 12 and should move quickly

[investor73] 18/5/2020 10:15

Even with gold at 1760 shanta is worth much more than it's current valuation in my opinion. It's a very low cost producer and has great reserves. Should be worth over 25p now.

[juju44] 18/5/2020 09:16

gold price is the key . We should see it over 2000$ over the next year and Shanta ( less hedge )around 40p

[alangriffbang] 18/5/2020 09:13

Ha ha ha 338 12p would be nice !

[338] 18/5/2020 09:11

Is the purchase deal with Barrick to be concluded in June or July, QS99? I can't wait for the RNS...

[qs99] 18/5/2020 09:06

haha, indeed....once the Kenya resource starts to look more "real" then we can start to move toward that £1.50 338!! DYOR

[338] 18/5/2020 08:56

should get published when Shanta hit £1.50 then? 😂

[juju44] 18/5/2020 08:49

Nice to see a buy recommendation but Fool is usually a contra indicator

[338] 18/5/2020 08:46

Good chart chestnuts 👍

Indicating that 48p can come soon

[338] 18/5/2020 08:42

Thanks risa5

Nice recommendation from fool

[johnrxx99] 18/5/2020 08:02

Having regard to the past, if the board have any sense, they will remain cautious and conservative and not loose their credibility as perceived by the market, which has taken years to repair.

The previous managements made so many promises they never delivered, it would be a shame if the company now rushed into reducing debt too quickly while it has deals on the table and promising dividends with a pandemic rapidly growing in Africa.

I know it is easy to rabbit on about these things on a website but the real world is far more difficult to navigate.