Member Info for Sjm321

i think hallsters nailed it.

sprat to catch a mackerel maybe? opening a short that is you know going to get publicised and read by most investors... strange. mind games eh.

Literally my exact frustration this morning. How can this still be below 20p. I love being able to top up at these prices but what on earth is holding us back. Even the ceo is frustrated at the current mcap.

Glad to see you more settled Mike. These next two years could be transformational. Top up here is next on my cards and i wont look back until 5 years is up.

https://www.kitco.com/news/2020-09-04/Investors-can-t-ignore-the-threat-of-currency-devaluation-Willem-Middelkoop.html

A really great article that I’m sure will interest everyone on this board.

He does seem to resemble an Austin Powers villain. No prizes for the winning guess.

Nice spot and hopefully a sign of things to come!

Sorry turnkey didn’t see what you had written!

Amazing news guys yep. Definitely with you on that colonel. As I’ve stated multiple times I think they are under playing the potential of west Kenya however completely taken a back by what singida has to offer.
The more holes they drill the more gold they find.
World class grades at little cost.
A top class management team building resources and creating value.
Surely the market has to wake up to the future here now.
Just a note, that’s 75000 oz added and were only 2/3s through this year...
Happy man today. Thanks all.

The wolves all day long then. Although I’m a Leicester city fan and look what they did a few seasons back. Every dog has its day.
Miagi are you aware the hedge was put in place in terms of a loan agreement? Yes it is a hinderance but come the end of this year it will be cleared.

Grin good point that. Il start with the not so good point though. A lot of people have a lot of hard earnt money and watching it go up and down is not for the faint hearted.
The good point:
I have had a thought that maybe this placing enabled them to keep control of the sp by forward selling. Notice how it was a few days before flanks news and what better way to control sp Than to forward sell the placing. Im not saying that’s what happened but could that be possible? I’m sure smarter people than I will shed more light

Agreed wish you all the best with HUM.
Exciting times for Shanta are fast approaching. Couple that with exciting times for the industry as a whole.

https://www.kitco.com/news/2020-08-27/Doug-Casey-Rick-Rule-Investing-in-gold-stocks-Africa-millennials-should-do-this.html

Thanks RR I’ll give it a go!
From my basic understand they have some of the best psychological methods of testing us the shareholders.

Agreed you know. It’s like they won’t take it up till they’ve shaken everyone out from current levels! If anyone has any good reading material on how they operate I’d love to learn.

At the end of the day we’re all obsessively trying to piece together this puzzle and quite rightly so our livelyhood is at stake and we want to be as de risked as possible. But what if rowka is right. What if we’re trying to put pieces together on only 1/5th of the puzzle. We can guess all we want but right now there’s a whole team of highly educated people contracted by EUA to get the best deal possible for us and them. Quite frankly I’m just excited to be a part of this.
In my opinion of course

Christian Schaffalitzky, Executive Chairman commented: "The Directors are pleased with the permitting progress achieved across all of our projects. Further announcements will be made as appropriate".

From tipil licence rns

Christian Schaffalitzky, Executive Chairman commented: "The Directors are encouraged with the approval of Monchetundra Flanks license, an important milestone for the Company. Further announcements will be made in due course".

From flanks rns

Note the only change.

Detail is key. “In due course” Sounds pretty confident to me.

Did this or did this not happen last time there was a buyout price rumour? Does anyone have a better memory than me (it’s not hard)

I think we’ll be quite surprised at the new exploration results coming back from new Luika. Ultimately there’s a reason why BoD upped exploration by 65%.

You’re right turnkey. The more numbers you churn the more value presents itself. In my opinion Shanta should be way ahead of 20p now on new Luika alone. Then you start to factor in our reserves and our 2-5 year prod targets and 5-10 year prod targets and it just blows your mind.
I am certainly no where near the most experienced investor we have on this board nor the smartest but i know enough that I’m just building my holding as each month passes here.
Our BOD are fully aligned with us and eventually we should see dividends which will rerate this share to where it should be. Until then i shall fill my boots.

That’s just absolutely ridiculous. Great find.
How can they keep this up?

Thank you for your insight.

A pretty poignant moment to be involved in Precious metals, miners. BTB and anyone else I’m intrigued to hear what people think might happen this week.