Shanta Gold Share Discussion Threads

[bikwik] 07/12/2020 00:22

This is the link you should all read....he's very good and is a pure technician...no guessing games like most:

Puts out a free report every Sunday, well worth a read.



FWIW, I agree with $2200 and the timing looks right for a key major low either the $1765 of last Monday (virtually bang on 50% of the March-Aug rally) or a retest of that level before it catapults to record highs.

The weekly coppock indicator is getting close to turning up for a major buy signal. Loads of US gold stocks left bullish weekly upside candlestick reversals last week.

I think Shanta may need to have a temporary pullback soon (the current leg up is 8 days long so far), particularly if gold has a temporary pullback soon. I think the 2nd half of December and The whole of January is going to be exciting.

[redhill] 06/12/2020 18:29

FSAwatcher

Drilling results/Updates on Singida/ Commissioning of mill.

[juju44] 05/12/2020 08:58

We got so much news in recent months . It just hammered the share price .

[redhill] 04/12/2020 21:51

Just waiting on news now.

[338] 03/12/2020 14:40

HOC just did placing for different reason... The share price dropped

[redhill] 03/12/2020 13:07

New mill now in place.

[plentymorefish] 03/12/2020 12:57

Shame about our hedge......

[338] 03/12/2020 12:45

PoG 🚀

[fitton] 03/12/2020 08:49

Well that was a very hectic 6 weeks and it seems to have gone without even noticing it.The vaccine news has disrupted the gold market but has been very positive for the world stock markets.The good news is that we are now in December and getting closer to new drilling results.My gut feeling remains the same, gold was as expected fairly edgy but seems to have stabilised.Vaccine news out of the way but the reality is the world is in huge debt and it’s going to take a very long time to put it right, probably never.Investors in gold mining stock as expected went running for the door expecting the house to collapse and now they are slowly returning as the house and foundations are much stronger than they expected.My advice to any long term investor is buy into companies with little or no debt, with exciting growth potential. Shanta fit the bill nicely

[338] 02/12/2020 08:49

PoG 🚀

[michaelfenton] 02/12/2020 06:14

The first target to pass is 2000$ hopefully in January 2021.

[kennyp52] 01/12/2020 20:39

$1850 would be just fine

[338] 01/12/2020 17:20

$3,338 Inn 3 years 3 months and 8 days from now 😂

[chestnuts] 01/12/2020 16:57

redhill

2288

[bikwik] 01/12/2020 16:03

My ejitt neighbour let his side of the hedge flop, so now there's a dip where once it was nice and straight.

[redhill] 01/12/2020 16:00

We could all start to guess the price of gold in 3 months time.

[chestnuts] 01/12/2020 15:58

I dont know what we will talk about in the future with out the bush, at least we can sell the hedge trimmers

[plentymorefish] 01/12/2020 15:10

I won’t know what to post then!....

[338] 01/12/2020 15:05

No more hedge in 6 weeks?

[plentymorefish] 01/12/2020 14:59

What hedge?!.....

[shieldbug] 01/12/2020 14:45

The hedge is one reason why SHG was such a good buying opportunity. Love the hedge.