Member Info for Dibs61

Noting that bid is being raised slowly encouraging a few to bail out comfortably. I can (dummy) sell a nice big stack for 10.81p Get the feeling orders are starting to be filled here. Could we be seeing the beginning of re-entry inti this sector? Meanwhile gold price is rampant.

After a quick breather on the up again $1268 ;)

Gold price was last at this level at beginning Sept last year. At that time SHG SP was 12.75p. We are currently at 10.75p. SHG fundamentals have IMPROVED substantially since then. If Gold is sustained at these levels we will go back to at least 13p and probably well beyond to test 16p. This is currently a screaming buy on technicals and fundamentals

On the very same day in 2011 Gold hit it's all time high the Swiss pegged their currency against the Euro. Today, they removed it. If Gold closes on the COMEX today above $1250 it's well and truly game on. Regardless SHG AISC will have tumbled from the previous guidance of $950 due to oil price crash. Plus, paradoxically because SHG earnings in US$ they get an extra boost due to dollar strength. 2014 results could well exceed expectations and 2015 has got off to a cracking start.

100% DYOR

Trying to work out what is causing the trickle of steady buying interest past few days. Trades look mainly like PI's modest purchases so could've been tipped somewhere?

Good news guys. Well done all holders. Not a sparkling response from market but good figures. Not invested here currently as I've been realigning my pf towards other priorities but I do foresee being invested here again if things progress according to plan.

Not sure which broker but Morningstar advises pre-tax profit of £15.37m and EPS of 3.62p in 2015. If anything close to those numbers crystallise this will see the mother and father of all re-ratings. A current valuation of £ 42.3m and SP of 9.12p in comparison looks silly cheap. Happy to see this linger at these seriously undervalued levels for now as I want to increase my holding further.

Looking very strong today. Kicking myself for not topping up @ 8.62p. What a good price was very tempted. Technically the price has bounced right off the Bollinger band at that level so good support there.

All to do with prevailing market sentiment (which continues to shun this sector) but many will be down - I'm roughly neutral - so overall you're not doing bad and better than if you'd left the money in the bank.

Nice announcement this morning. Massive resources with low cost of extraction. PFS to confirm. Further substantial resource upside making this a very attractive long term proposition.

Improved debt facilities emphasising the companies ability (in a tough market) to obtain competitive debt funding rather than the usual AIM dilution route. Will improve financial results for 2915. Proving this company is regarded as a good bet by Investec.

He does

It is 100% definitely FOX they are talking about

Why the shares have been a bit perkier recently (as well as the Banyan announcement)…. Taken from Rivaldo on ADVFN: Nice comments from the CEO: [...] Extract: "Gilbert told investors that deals with Banyan and Marmi E Graniti D'Italia (MGI), another new customer, will give Fox Marble a "solid start" in terms of 2015's revenues. "We would expect further sales contracts to be completed early in the New Year and we look forward to updating the market" Speaking to Proactive Investors Gilbert expanded on what a “seal of approval” the deal with Italy-based MGI is proving to be. “We benefit from having MGI as a customer. They have never before sold marble from a quarry that is not Italian,” Gilbert said. As with coffee, when it comes to marble, it pays to have an Italianate influence, and Fox Marble has been careful to cultivate that. “People are now flying in to see us – even Italian companies. The idea of an Italian company flying to London to see us; that would never have happened a year ago,” Gilbert maintained, as he spoke of increased interest in the company’s product. “The momentum is building, plus we are knee-deep in negotiations with China and India,” Gilbert said. The shares reacted positively to the news and were trading 9.4% higher at 18.33p in mid-afternoon trading."

Taken from Proactive Investors: Broker Peel Hunt added that cost management and guidance at New Luika continues to be very impressive. “With 17,500 ounces hedged until March 2015 at $1,317 an ounce, the prospect of extensions to the mine life and significant cost management momentum, Shanta Gold remains compelling value at 10p offering investors 70% upside from current levels.” Target SP 17.3p Indeed it does and that valuation is based on the CURRENT very low gold price. The upside here in the event of any substantial gold price rally is into multi bagging potential given accelerating debt reduction and rising earnings in tandem.

Good day. Quite a few people took a nibble or two which is good to see. Next year could, and indeed should, be big for FOX. Sales are key. For now they certainly seem to be reasonably funded with just under £4m in the bank. If there is no breakthrough (sales wise) in 2015 this project surely will have failed which makes it progressively more a binary bet. My bet is that they will succeed on the basis that it takes time to break into a long established market but once you do…….

All stated as sells but are in fact buys. Good day here. Good days ahead hopefully.

Once I can manoeuvre my funds around I would be a strong buyer here between 9-9.5p

Agree completely. Profitable, debt free, growing steadily and it was indeed quite an accolade to receive such a prestigious award. Yes this is a rare beast on AIM ie. a genuinely good investment! However it's held very tightly so poor liquidity and pitiful volume. On the upside it wouldn't take much to get this moving up from here though. Some would say this is fairly valued at the current time but I take the view that since growth record has been good it is cheap looking forwards and pays a dividend. I see the SP ticked down slightly purely on lowering the bid - ask remain same - I call that a 'false fall' and 'may' indicate something's moving! Strong hold for me.