Shanta Gold Share Discussion Threads

[rb1206] 14/12/2020 15:08

When everyone is so positive, market normally goes the opposite way. At present everyone and there dogs are expecting gold to fly to high heavens....etc etc etc

juju....By the looks of it 30% is nothing for some people....imho.

[juju44] 14/12/2020 15:04

Yeah why worry about a 30 per cent drop

[50p here we come] 14/12/2020 14:26

Very well put JC.

[jc2706] 14/12/2020 14:19

You see it all the time when these shares go down sharply - people panicking and screaming 'somebody knows something' or 'what's wrong!?!'. The answer is usually 'nothing'. It is just usual price activity often based around the selling of the people who are panicking!

I am not aware that anything has changed in the company. The only other potential factors are geopolitical (nothing new) and gold (still consolidating).

[its top up time] 14/12/2020 12:23

Too many amateurs panicking here. Redhill is quite right. Now man up and buy the opportunity. It won't last.

[50p here we come] 14/12/2020 12:20

It's a beaut at these levels. I can't stop buying!

[redhill] 14/12/2020 12:13

juju44

Nothing wrong at all. MM's mark down then peeps sell. That doesn't indicate that anything is wrong with the Company.

Just indicates there are a lot of very short term holders.

[davethehorse] 14/12/2020 12:09

12p looks like it's coming

[juju44] 14/12/2020 11:53

Capitulation arriving so wtf is wrong with this ?

[redhill] 14/12/2020 11:32

Market Makers are having fun here !

The volume of buys and sells does not warrant a mark down today but the MM's are pulling this down on any selling whilst ignoring the buying.

Like always we are entirely in their crooked hands .

[the kodfather] 14/12/2020 11:24

So long it now.

[the kodfather] 14/12/2020 11:24

Nothing fishy here.

[would be rude not to] 14/12/2020 11:18

Well I'm definitely topping up now.

[nofool] 14/12/2020 10:56

Hey!

No sign of Lax here.

[its top up time] 14/12/2020 10:54

The 50dma on the weeklies is currently at 13.5p. I'm betting on that holding the price and a recovery in the long term rally happening any day. Everything is uber bullish right now and it's time to - top up!

Don't be a fool.

[blue sky territory] 14/12/2020 10:42

Anyone contemplating single figures here again, must also be betting on a drastic fall in the POG, and a dramatic reduction in Shanta's production of the yellow metal.

Neither of which is going to happen anytime soon.

But heh, enjoy your trolling and have a good day!

[juju44] 14/12/2020 10:40

If everything is so good why has share price crashed 30% in 6 weeks . Why are you rampers not wondering what is wrong that you cannot see ?

[davethehorse] 14/12/2020 10:37

Looking like will retest the low of a few weeks back

[chestnuts] 14/12/2020 10:36

Every thing is looking good for Shanta ie gold price is high , no debt , earning $50m a yr, going to pay a dividend in April maybe as much as a 1p but only expecting .5p.

Kenya could be massive and i am sure we will get an update shortly.

[50p here we come] 14/12/2020 10:33

Top of the channel will see this back above 20p in no time.

[rb1206] 14/12/2020 10:14

Carry on dreaming more like single digit......

[harrison ford] 14/12/2020 09:33

16p within days, I reckon.

[its top up time] 14/12/2020 08:51

Bottom of the strong uptrend here. A great place to add.

[its top up time] 14/12/2020 08:49

Averaging down today would make sense.