Shanta Gold Share Discussion Threads

[lowtrawler] 23/6/2020 13:36

One of the technical chart sites I follow suggests that breaking 1750 will rapidly lead into a 2000 price before it pauses for breath.

[lowtrawler] 23/6/2020 13:31

The chart might say it's dropping but there hasn't been a single transaction under 12p today. As the bid price today started at 12p, there has been no fall. The published prices tell a different story but it's fake news.

[338] 23/6/2020 13:26

The August contract has broken $1768 range... I am 338% sure PoG will break $1,800 mark sooner than expected... Then heading to $2,000 this year

[338] 23/6/2020 13:21

PoG is about to break this year's high

[jc2706] 23/6/2020 13:20

Yes, it's really plunging isn't it?

[juju44] 23/6/2020 12:55

So thats why its dropping - all that buying

[lowtrawler] 23/6/2020 12:43

No actually. All but 1 transaction over 100k today has been a buy. There might be a number of small holders selling for profit but the serious investors are buying.

[juju44] 23/6/2020 12:14

Tsunami of selling

[stmellons28] 23/6/2020 11:56

Well if you think Shanta is all over Twitter I’ve never seen it ? Sum of the pumping on Twitter of other shares are extraordinary & then a quick dump shortly after? I rather shanta as it has more depth & doesn’t need a full scale ramp to attract big volume

[lowtrawler] 23/6/2020 11:32

Looks like we peaked and have fallen back. Real pricing is now 12 / 12.15. Still nice volume though and so a chance we turnaround.

[lasata] 23/6/2020 11:00

StMellons28

Which twitter are you referring to?

[338] 23/6/2020 10:40

The share price will be much higher next month anyway...

[redhill] 23/6/2020 10:11

Yes but i see that the Market Makers would appear to have unlimited shares to sell today ! LOL

Just saw that you can now buy below mid.

[32campomar] 23/6/2020 10:09

Some good chunky buying going through

[lowtrawler] 23/6/2020 09:41

Volume is good again and, although the bid / offer prices don't show it, we are above 12 on the bid at around 12.2. All looking positive for a further increase.

[stmellons28] 23/6/2020 09:12

Great momentum with SHG at the moment may it long continue. I am shocked how quiet it is on Twitter regarding this share ? Loads on Twitter pumping this & that but shanta carries on its business quietly.

[338] 23/6/2020 09:11

jasper2712,
Why don't you sell your oil stocks to buy SHG if you run out of monies 😂

[redhill] 23/6/2020 09:09

Just enjoy the ride jasper2712 .

[338] 23/6/2020 09:09

The proposed funding for Singida to be announced next month is attractive than previous listing plan on dar es salam

[jasper2712] 23/6/2020 09:02

Singida - What happened to the listing on the dar es salaam stock exchange. No mention of this at all. VAT quickly brushed under the carpet in the recent you tube video as ifthe are sacared to ruffle any feathers. The Kenya deal - if it sounds too good to be true ten it usually ......! Long term investors here have seen the giddy heights of 30p/share so buyers beware

[amazoner] 23/6/2020 09:01

shonto share price has much bigger upside potential comparing other peers such as SRB, SOLG, HGM, AAZ, PAF. why?

[338] 23/6/2020 08:26

Don't forget... a parabolic rally of PoG is still possible 👍

[lowtrawler] 23/6/2020 07:54

I'm firmly of the view that you should never invest depending on a takeover to give you a return. You can never be certain one will materialize. Invest in what's in front of you and you won't be disappointed.

[lowtrawler] 23/6/2020 07:43

Although even a 67% return is not to be sniffed at.