Lets hope this is not another shanta gold…18 Jul 2025 12:09
Me, and lots of other investors were well and truly shafted. Don’t get me wrong, I made well out of it, but ought to have made much more.
Gold is easy to find, but finding it in quantities to make mining economic is a tad harder. Then you need a cash call, as Orosur most certainly will to set it up, but then the money rolls in for the long suffering shareholders, yippee, well that’s the plan anyway. Shanta did just that, then when production started in earnest, as if from nowhere, another miner swooped in, suddenly acquired a stake, and the board accepted an offer that was to say the least...iffy. Company, mine,gold, all gone, shareholders kicked in the b****x. So I have sold for now, with a lovely 20% in a month...I have had a great month, but it is well and truly still on my watch list. AIM shares have and awful habit of drifting down again. As ever GLA