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Certainly barry. Apologies for not giving you credit before now but I assumed everyone saw that you said it first. My post saying 13p wouldn't hold was in response to the unrealistic tripe that came after your post. I look forward to reading more of your posts on here.
"And yet I gave you the evidence that what you said was 100% wrong " - you posted a load of waffle that in your head, had meaning, bit only there.
Today I saw another of the "Big rise soon" type of article about the coming opportuntiy in gold - it is always "coming" - jam tomorrow. That was my point - they are like second hand car salesmen.
The point is I said 13p wouldn't hold and it didn't and because I was right stacegibbs launched a malicious attack on me for being right (he hates that) and it (the posts) rattled your cage.
barryboy you couldn't keep quiet ...could you....perhaps the FCA/FSA/PRU/LAUTRO/IMRO......they keep changing their name....they're not interested in serious crime.....only people like you barryboy....easy catches when you say "TR1 coming that canaccord selling along with Myles McNulty. " You are guilty barry7376!
7p - but how long have you been sitting and waiting to take a profit? Yours is a paper profit (another chump there) but my trading made real money - cash, wonga, spondulicks, crinkle, pounds shillings and pence in my account.
That's twice in the last month that I have made money by trading dips - while stacegibbs sat there like a rabbit in headlights, his bigotted mind unable to accept the reality of what the sp was doing.
I expect he will pull one of his sneaky tricks and try to deny it, but look at the posts - everything I say I can back up with evidence. Unlike him, I don't make false claims or make false accusations. I live in the world of reality not fantasy.
All he's got is mockery, insults, malice and bile. He thinks that if he can silence someone who predicts a fall, he can stop the sp falling - chump.
Do they call him stacegibbs the forecaster? They do not.
........you do get yourself into bother.....how you have a wee fan club................I cannot comprehend!
You say........ "My post from 3rd April, 2023 - "I have a reputation on these boards for honesty and integrity and that is because I back up things I say with evidence."
And yet I gave you the evidence that what you said was 100% wrong and you honestly and integritily have ignored that....I think you certainly have knowledge but how you apply it??? You behave like a twit really!
you said ......"It was in either 2002 or 2003 when I first started buying gold stocks, so just over twenty years ago. BTW, gold wasn't at £200, but perhaps you meant dollars......."
By the way Noel a $US is still worth less than a £GBP...for the time being ...lol so you really are junior on that reply...lol
Then you go on to say:-
"I've been in the gold arena for over twenty years, so don't try to educate me, I've heard it all before - many times.!"
so I'll repeat it then ........NoelShempsky,
You are a junior and in need of re-education!
20 years ago today one troy ounce of gold was worth one troy ounce of gold. In £GBP it was priced at £202.88. ($US 349.97).
I can understand why you wish to be selective on which posts you reply to....junior!
Its people like me selling on news to free up some beer money.
It’s a dump before pump with gold higher this will be back @13+ tomorrow .
Not convinced Eric announcing a succession process has had much effect on the SP. I think it's mainly sell-on-news (Q1 results and Singida effectively at full production) and perhaps some who trade on the gold price thinking it's not going above $2000 (although I see it just has again).
While it is easy to assess Eric's contribution (to which all investors must be grateful), the announcement of his departure is having a larger impact on the SP than warranted. The company has grown a lot, will continue growing and different skills are now necessary to run Shanta. I wish Eric well in his future endeavor (and I'll be happy to put some money in his new project and TBH it is not a bad idea for him to diversify his net worth) but I do not see his departure derailing Shanta strong progression and I rather expect the weakness in the SP created by the announcement to be short-lived. Thank you Eric.
Lot of pump and dumpers here now. Tell the guy dumping million shares today at 12.25p just noticed it and dumping millions at 13p for two weeks . Lol the guy dumping at 13p looks cleaver now or mms let him out
Agreed although one point , New Luika annual production guidance was set at "approximately 66,000 - 72,000 oz at an AISC of US$1,200 - 1,300 /oz" which works out to be 51,000 oz Q2-Q4. Even a 93,000 oz year would blow the current share valuation out the water and there is scope for exceeding 100,000 oz if they achieve top-end guidance at NLGM and continue to exceed previous Singida guidance;
"Production guidance for the Singida Gold Mine will be released following the commencement of commercial production, however the current life of mine plan guides for approximately 32,000 oz pa"
Correction * AISC on a per ounce basis should be no higher given group costs split over approximately 26,500 ounces production each quarter rather than 15,000 in Q1.
Oh I sincerely hope not. Talk of takeovers at this stage is not in our interest (although traders here would enjoy the extra volatility).
The company is on track to produce at least 95,000 ounces this year assuming NLGM only produces 53,000 ounces over the next 9 months to meet low end guidance and Singida continues to average current daily output producing 27,000 ounces over the next 9 months.
AISC on a per ounce basis should be no higher given group costs split over approximately 25,000 ounces production each quarter rather than 15,000 in Q1. Operating costs at NGLM should be lower in the second half of the year as production is weighted.
Day to day movements are insignificant while the price to (near future) earnings remains so low. Look how quickly some other PM producers have moved recently, HUM, HOC, RSG, many naysayers on their chat forums and likely all missed out or ended up paying a premium.
Losing Eric now is bad timing for sentiment but I am willing to bet it will be short lived.
2,200 ounces produced in the first 22 days of April! Wow so we are already averaging around 3,000 ounces per month at Singida!? That was a surprise :)
My average is 7p u Buffon
How a bigotted mind stops you from making money.
This the second time (see about a month ago) that stacegibbs has launched an attack on me just because I offered my opinion that the sp would drop.
My post from 3rd April, 2023 - "I have a reputation on these boards for honesty and integrity and that is because I back up things I say with evidence.
Recently, I was dragged into a bit of a spat when I posted a comment on the likely effect of the gold pour RNS on the sp. Somehow it ended up with me posting about selling and buying back and of course, as happens on these boards, totally baseless and unfounded accusations were made against me." There was more in that post.
That spat was started by stacegibbs and it was he who made those unfounded accusations. He made the made the same attack on me as he has made now - and by the way - my forecast then turned out to be right and I made money by selling and buying back.
I had to wait for a few days before I could buy back. I never expect to sell shares and buy back cheaper within an hour or two. I wish I could make money as quickly as that. See what I said to the utter buffoon about minute by minute price movements. There are professional high frequency traders, but I'm not one of them. I expect to wait for days or even weeks to complete a trade.
So, twice he missed the chance to make a bit of money from a price fall, and that is because of his bigotted attitude. He didn't want to know that the sp was going to fall - that is an opinion that he doesn't allow - doesn't allow on here and one that his bigotted mind won't even allow in his mind.
What makes stacegibbs a bigot is that even though facts prove him wrong, he still can't stand any opinion other than those that say the price is going up. Twice now I have predicted a fall (and made money by trading it) and twice he has attacked me just for having an opinion that he doesn't like.
What makes him arrogant is that he is determined to prevent free speech and he tries to shut down anyone who offers an opinion that he doesn't like. All he wants on here is talk of the sp going up.
All this fuss over @0.60 drop ?
Disappointing to see Eric leave if we only knew the full story.
Noel i would not get into cat fights for what its worth i followed your advice and cut my holding buy a third . As i can see possible logic for a drift down.
Takeover looks likely now but surely any prospective buyer will let it drift ?
Would still like to see us upwards from here but a few dips are not out the question surely the new mine was priced in for now ?
If we get a decent dip i will be adding if not im still in do we really need the cat fights spoiling the board ?
I had to double check I wasn't on FaceBook
PhatStyle4321 Looks like you've got egg on your face..."Barry you obviously have no experience with trading or investments at all. Go to school and learn something before commenting a lot of nonsense"
NoelShempsky please credit me for this prediction as I started the thread "last chance to sell at 13p before it drops" Monday morning before you jumped on it after. We both agree its a tradable stock with 14p highs and 8.6p lows.
It’s gone quiet did you get a room:)
MD
I see that shares in Chaarat Gold, our previous suitor, are back from suspension today after the latest deal they were looking at fell apart and they’ve elected not to proceed. Clearly they’re keen on a material acquisition. I wonder if they’ll use the potential market uncertainty from Shanta’s CEO departure to have another look this way? There might be a better appetite from Shanta to get a deal done now. I would have thought that achieving a good price for the company and getting it sold would be a nice way to round out Eric’s tenure.
No. It was 14p on the ask silly man
Shut up ! Didn’t put a timeline on it - such a fool
"It was 14p !!!!" - you meant "It wasn't 14p !!!!" that is what you meant with your statement.
I know I said I wouldn't lower myself to your level, but I realised that you are too stupid to understand my point about this tactic, so I needed to show you with an example.