Member Info for PhatStyle4321

https://dondurrett.substack.com/p/hummingbird-resources-mid-tier-gold

Someone’s buying big here

Eric bad management and decision making let Shanta down and was probably forced to leave, better for Shanta he can’t even get a steady quarter of production

This gold miner is very undervalued here, especially as they are targeting 200,000 oz next year

This is not good news short or long and I will be selling Tuesday if this is true

In September 2022, the Government of Tanzania revoked the 2020 Mining (State Participation) Regulations and reissued new regulations governing Section 10 of the Mining Act that had been amended in 2017. In April 2023, the Government of Tanzania signed agreements worth approximately US$650 m with various international mining companies to enable foreign investment. As disclosed by the Company in October 2022, discussions between the Ministry of Minerals and Shanta are expected to take place in 2023 and commence shortly.

I believe a takeover is coming and they need Eric to step aside to be ready for a world class CEO to step in to build on Wedt Kenya

https://www.mining.com/la-mancha-launches-1-4-billion-gold-mining-fund/

$1.4billion gold mining fund….hmmmmm could be them acquiring a position to then fully takeover ?

I believe the Chinese companies are going to make a bid for Shanta, 20p would be nice

Barry you obviously have no experience with trading or investments at all. Go to school and learn something before commenting a lot of nonsense

Wow I wonder who is buying here at these huge levels ?! q1 results are okay not bad but not great.

Eric probably isn’t the best to take us forward and a new more driven CEO is what’s needed here. Only for the better

Those 2.4m worth buys indicates Q1 and Shanta should be really good going forward

Has to be a buy because there has been huge support and bid at 13p hence the reason now I see.

No wonder the bid held up strong at 13, knew someone was buying in size, hence the strange trading behaviour. Someone has confidence here

What a rollercoaster in the gold price here!! Shanta should move up accordingly

if you want exposure to gold, shanta is doing extremely well, and about to churn out 100,000 Oz this year

I agree, Eric knows this is his chance to gain credibility back in the market after the guidance miss.

I know that a lot of investors will be watching closely and also on Singida.

Eric said they are having a workshop with some big names regarding WK, if they went into a JV where a partner would put most of the mine costs upfront this would leap Shanta right up there, I believe this is Eric’s plan and with gold prices this high, many suitors will be lining up

Fall was overdone here

Peter is a top economist, keep the faith with gold miners and shanta, gold price dip is a buying opportunity