Member Info for Magoo79

on Moder Mining magazine there's an interesting interview of EZ. He's very bullish and we should expect a resource update in July. Please note that we only scratched the surface in WK so far so the potential is really HUGE.

https://user-54716422671.cld.bz/Modern-Mining-June-2021

mj you are clearly trying to spread misinformation.
I am actually happy that it's not higher than 2% as you would hope that the seal actually keeps most of the gas trapped. Once we get past I expect to see higher concentrations

mj why do you say 2% is not commercial? Please refrain from posting misleading information, especially if this is not your area of expertise. 2% would be a fantastic grade which can be found only in a very few spots worldwide.

new IP survey at Kalaka to investigate the extremely promising targets that sit at the edges of the previous survey. All very promising stuff but people need to be patient. Exploration takes time. Just top up and relax

relax guys. Has something happened? No. We are drilling and in a few days we might get the first gas shows in the mud. Sure, this may not happen but there's no reason why we should get spooked by a 5% SP retrace. It's normal for many to enter a share well ahead of the spud and sell after the rise but before reaching TD. Normal risk management.
I bought at 8p and I am sitting tight.
GLA

if they found a nugget in the recent soil samples, there could be more..
https://twitter.com/ecrminerals/status/1405060171462762497?s=20

any idea of where we are heading as we wait for the first helium show in the mud?
I bet we'll see that happening sometime next week

"Options for management and executive directors, are subject to performance related vesting conditions being; completion of the 3 well drilling programme within budget, and on time, and a successful flow of helium bearing gas to surface from any of the 3 wells."
sounds fair to me. Very small dilution which would be awarded only in case of a successful drilling campaign which would make us all rich. Well, me at least :)

wyndrum, everybody new that the spud was going to happen around this time. And the SP did grow substantially in the run up to the event. Maybe not today or last week but many prefer to get in early and reduce their exposure by cashing in their profits. I got in at 8p and I was quite tempted to do that. But I also know that GME was at $0.38 when they announced the spud and only a week later they were at $0.58 as they announced the presence of helium in the mud.
Early next week we could be in the same situation..

that video is a joke. How can people follow a channel like that? the guys hasn't read a single RNS of the company prior to shooting his pathetic video

top sliced SLP after a 400% gain to increase my holding in SHG. Great upside with very limited risk

I also lost a huge amount on XEL and GKP. I learned a lot though. There were some great posters, one is a creative director and writer from norther ireland and another one was Hub, who is here as colonel drake

yes, finally!
we are still missing news from Bassala though..

textbook retrace to just above 16p to allow some profit taking. Next stop 18p, see you there in a few days!

good to see that the PR activities have stepped up. We are at least better informed on what is going on

hope you guys had the chance of seeing EZ and the team this evening at the LSE webinar.
They all sounded very excited and bullish. From the sound of it there's a lot more to come from WK. VAT negotiations are also going in a positive direction and they promised to update the market soon. EZ thinks the company is worth 3 times the current market cap. That may be a small exaggeration but it's certainly worth more and with the potential of going much higher thanks to the current drilling activities.
Drilling updates from NL are expected in June. This will be followed by the start of drilling phase II for WK. Updated resources for WK will follow in July and, given the recent grades, one can only expect a significant increase. It's going to be a great summer for Shanta shareholders

link to the slides:
https://www.shantagold.com/_resources/SHG%20London%20South%20East%20Investor%20Presentation.pdf

we broke the 16p resistance. I believe 18 is the next stop, if my elementary TA skills are correct.
Anyway, who cares, we are making lots of money, POG is on the rise and our resources are growing too. Add a friendly new Tanzanian government and things can only go well for Shanta

hi Swsquires, indeed, we are one of the rare outliers and that's why I cashed in my TRIG and BSIF a few months ago to take part to the IPO. Once they start paying the divi, the penny will drop and we'll realign with the sector. Good option to generate some safe returns imho

unfortunately we closed just below 16p. Let's see how it goes tomorrow..

we struggle to pass the 50 days moving average in mid-april but after that we moved quickly towards the 200 days one. Looks like today we have gone past. This, together with the POG and hopefully some good news before the presentation of next week could make us fly towards the 20p. Fill your boots now