Shanta Gold Share Discussion Threads

[redhill] 25/10/2021 15:53

Gold looks poised to break out upwards.

[338] 25/10/2021 09:13

Gold is above $1.8k resistance... 👍💵👍

[michaelfenton] 25/10/2021 08:59

and the 1980s.

[redhill] 25/10/2021 08:21

Here is the latest Investor Meet presentation i found. It's a must watch.

[2vdm] 25/10/2021 08:15

Thanks for the views. I've taken a small 10K punt and will watch with interest. Can afford to wait and agree re gold shining again. Very underrated currently, as is silver and the central banks have been proved wrong so many times, especially about inflation. I remember the same thing back in the 1970s.

[plat hunter] 23/10/2021 20:41

I don't disagree Redhill, same story across all goldies atm. Q1 for gold bugs is shaping up to be a good one though imo.

[redhill] 23/10/2021 13:17

Plat Hunter

The AISC is dependent upon their production.

Production has been reduced this year due to the unexpected rift but is or will shortly be returning to normal and recent guidance is unchanged re production and a reduced AISC. Every year since production started Shanta have hit their production targets and at present they are in a growth phase. Singida to come into production at the end of 2022 and West Kenya the jewel in the crown.

[johnwise] 23/10/2021 11:52

VIDEO

Rick Rule: Why You Need Cash To Survive This Next BIG Black Swan Event In The Coming Months...

[johnwise] 23/10/2021 11:51

VIDEO

Rick Rule: Why You Need Cash To Survive This Next BIG Black Swan Event In The Coming Months...

[plat hunter] 23/10/2021 09:30

My mistake.Long mine life, lowest industry cost percentile and record production. Will surely ten bag next week ;-P

[redhill] 23/10/2021 08:51

Plat Hunter

You are taking the last two quarters out of context.

[plat hunter] 23/10/2021 07:45

Short mine life, negative cash flow, poor production and high AISC. To name just a few.No different from any other gold producer atm though. I'm hoping to get sub 13p

[redhill] 22/10/2021 16:59

dth

Yes just been smashed back to $1785 !

[davethehorse] 22/10/2021 16:45

Back down though $1800 again :-(

[redhill] 22/10/2021 14:02

Just added .I think we have seen the recent bottom. Gold strong as well today breaching $1800 an oz

[2vdm] 22/10/2021 11:45

Just bought in here for the longer term. Fundamentals look good to me. I'm not sure why this share is not on more investors' radar. Views appreciated

[338] 22/10/2021 11:24

Juju,
HOC, CEY, FRES, POLY, GGP and other peers... their share prices have gone down more than 55% from their recent peaks.... but SHG is going down from 20p-ish to 13p-ish... that's only about 35%... so it's not too bad

[redhill] 22/10/2021 10:51

juju44

Remember that 4p two years ago.

There is a little selling at present but that's only by punters who didn't do their research properly.

I'll be picking some extra shares up if the price goes a bit lower.

[2vdm] 22/10/2021 10:37

Just bought in here this morning with a long term view. I can't quite understand why it seems so unloved. Views appreciated.

[juju44] 22/10/2021 09:46

338 , the share price is crashing . This is a serial disappointer - cant deliver . What about that £1 by Christmas (last ) forecast

[davethehorse] 22/10/2021 09:05

Looking like we may test 12p again unless PoG pushes up through $1800

[johnwise] 22/10/2021 06:29

VIDEO

Gold price as Fed kicks off tightening and economy flatlines

[johnwise] 22/10/2021 06:27

VIDEO

Gold price as Fed kicks off tightening and economy flatlines