Register
Login:
Share:
Email Facebook Twitter

SHG Share Chat - RSS Feed

Shanta Gold Share Chat (SHG)



Share Price: 10.375Bid: 10.25Ask: 10.50Change: 0.00 (0.00%)No Movement on Shanta Gold
Spread: 0.25Spread as %: 2.44%Open: 9.625High: 10.375Low: 9.625Yesterday’s Close: 10.375


Share Discussion for Shanta Gold (SHG)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


prospector_19
Posts: 126
Observation
Opinion:Strong Buy
Price:12.50
** Contrarian ** gold investor
17 Jun '13
** the last sentence line makes for good news in about 2 yrs time here! !http://www.thebull.com.au/premium/a/38480-gold-stocks,-the-ultimate-contrarian-buy.html but this complete article is excellent news ,,,,
 
Dibs61
Posts: 6,306
Premium Chat Member
Research
Opinion:Buy
Price:12.00
John Hathaway view on Gold
15 Jun '13
Dibs61
Posts: 6,306
Premium Chat Member
Research
Opinion:No Opinion
Price:12.00
HSBC view on Gold Price
14 Jun '13
James Steel, chief commodities analyst at HSBC in New York continues to be constructive on gold in the medium and long term and sees gold rising to $1,600/oz in the second half of 2013.
Dibs61
Posts: 6,306
Premium Chat Member
Observation
Opinion:Strong Buy
Price:12.00
SHG News
14 Jun '13
Well we have been treated to a succession of Director purchases this year which demonstrates the confidence of the board in the long term prospects of SHG.

I'm now hoping that we will get an operational update in mid July for Q2 2013. Hopefully this will show how they have built on the progress made in Q1 and that the production ramp up continues. But there is more to look forward to here as well. The company should be publishing the five year plan for Luika which should confirm at least 430,000 ozs over first five years of production. Can you imagine what the revenue that would generate would do to the SP over that period! Also, the company has very substantial and exciting exploration prospects and we were told that a drilling program would commence from H2 2013 onwards.

So, all in all, we've had a rough ride here but I honestly believe that the longer term prospects are really very exciting for SHG and those us who are investing.
Dibs61
Posts: 6,306
Premium Chat Member
Observation
Opinion:Strong Buy
Price:12.00
Mammoth Director BUY
14 Jun '13
Jonathan Leslie (described as a Strategic Adviser to the Board of the Company) has purchased 2.3m shares in SHG today at 11.75p. You can see the purchase completed at 2.10pm this afternoon on live prices - ostensibly against the other trades it 'looks' like a sell which just goes to show you can never 100% tell for sure looking at trades what they were.

In any case I would describe this as a massive endorsement of the company by someone who is clearly very close to their operations and would know all about their business. This is a huge investment - £270k!

I would certainly expect a positive market reaction on Monday. It would be difficult to imagine a much bigger vote of confidence in the companies prospects.
Chimpus
Posts: 118
Observation
Opinion:Buy
Price:12.00
Director confidence
14 Jun '13
Director buy.... another 2.2m shares
Dibs61
Posts: 6,306
Premium Chat Member
Observation
Opinion:No Opinion
Price:12.00
View Thread (2)
RE: POG
14 Jun '13
This could explain it:

NEW YORK (MarketWatch) -- Gold futures extended gains Friday after U.S. data showed wholesale inflation jumped more than expected in May. Gold for August delivery traded up $10 at $1,387.80 an ounce in recent action and traded as high as $1,390.40 after the Labor Department said producer prices rose by a seasonally-adjusted 0.5%, marking the first increase in three months. Economists surveyed by MarketWatch had forecast a 0.1% increase. Excluding the volatile food and energy sectors, so-called core producer prices rose by just 0.1%, in line with forecasts. Gold can benefit from stronger-than-expected inflation due in part to its role as a hedge against inflation.
Dibs61
Posts: 6,306
Premium Chat Member
Observation
Opinion:No Opinion
Price:12.00
View Thread (2)
POG
14 Jun '13
Has just bounced up by $10 to $1389.
Dibs61
Posts: 6,306
Premium Chat Member
Observation
Opinion:Buy
Price:11.75
SHG
14 Jun '13
Nice to see a decent rise here today. :-)
nighthawk
Posts: 43,405
Off Topic
Opinion:No Opinion
Price:11.75
Langyy-
14 Jun '13
Yes seems they have/did/shouldn't have......Also noticed he has been selling Tesco shares....WB.?



Share Trading BrochureRequest your Free brochures on share dealing, spread betting and CFDs

Sign up for Live Prices
Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.