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Being stuck indoors, if you are likewise confined, the following is equivalent to reading a good book. It's been a long road since 2007. Sixty pages, an endurance exercise. Shanta is finally getting there.

https://docplayer.net/31637548-The-mang-onyi-gold-mining-project-singida-region-environmental-impact-statement-and-environmental-management-social-monitoring-plan-em-smp.html

A couple of kimberlites have been located. They whet my appetite for depth. How deep? Good story.

". . . Singida Gold Mine General Manager, Philbert Rweyemamu said the mining project would start producing gold in the fourth quarter of 2022 after completing all procedures for facilitation, preparation time, purchases, transportation and mine construction.

"According to him, there are seven deposits capable of producing 7,500kg of gold in the first eight years of the mine’s existence as to date Shanta Mining Company Limited has invested more than Sh57bn/- in developing its three licences.
Singida Regional Commissioner, Dr Rehema Nchimbi urged the investor to expedite the construction of the mine so that gold production started as residents had been waiting for too long".

Rweyemamu has firepower. He is the chairperson of the Tanz chamber of mines. Also noted he was with Barrick and DeBeers. I know Singida production is some way off but there is no denying Shanta's credentials are stacking up. Fully anticipate EZ producing more rabbits from his hat in the next 12 months.

https://twitter.com/shanta_gold?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Oxygen upgrade for leaching completed. Figure not to be confused with 10tph roller/crusher which is merely a fragment of ops. Example of installation can be found @ -

https://www.oxair.com.au/markets/gold-mining/

Shanta certainly knows how to get on with the job. Presumably a lot of the kit came up from Germiston.

No easy task. Not quite the same as going down to a river and panning. See also -
https://www.youtube.com/watch?v=65_LZ9-U3bA&feature=emb_title

Inspected the Geita photo gallery a few days back. We have some way to go. Find the deposits and we'll get there.

Gold has accelerated since 16:30. Just have to wait and see what the profit takers do in the next couple of hours. As stated I am concentrating more on 250/350 stocks but could easily increase Shanta holding in Jan. Tomorrow could be a lot brighter.

Would like to mention the CEY board as general information on it fills important gaps in knowledge. Recommended.

@ 17:34 - I enjoyed reading the information. The experience is however an entirely different kettle of fish. Won't be going down that road (ever). And it goes a long way to explaining the multitude of "A" trades.

Haven't been on the computer since 9am. The market seemed quite flaky. Instead did some long overdue plumbing jobs plus central heating. Kent is a bad source of lime scale and everything takes three times as long.

Tomorrow judging by PoG gallop could be a very interesting day but I won't be stock watching.

@ 19:46 Mon - All forecasts suspended. We are in big trouble with covid3.
UK on its way to another lockdown.
EU won't be able to control it.
SA at tipping point.
US, who knows . . ..
Kenya/Tanz hospitals over-stretched.

@ 15:48 Thanks for that, Mr T. I am steadily getting up to speed on CEY. Pity I wasn't more ambitious with my first purchase. No matter . . .. For those, however, who have been through the wringer of late I acknowledge it's been painful.

Cowichan's Burkina Faso map is a good reference point. I know most of Africa but have never been to that part. Any further CEY investment will have to incorporate all the knowledge that can be gathered on the licences. And CAPD have made it clear the region is very much part of their 2021 focus.

[O/T - Cowichan was a regular thoroughfare for me on my to the mountain range to the west of Duncan via the Malahat. Happy days on and off for several years slogging through a project up there. So greetings to Cowichan. Immigration dept barred me from permanent residence as they reckoned I was too old.]

w.r.t. Sukari I was up and down the Red Sea to Aden, but when looking westwards I decided it was some of the most hostile terrain to ever set foot on.

I note Toronto can give the SP a tickle on opening.

As a point in long-term participation does Toronto activity tend to create share price movement in the afternoon?

https://www.ageophysics.com/en/aerovision-airborne-geophysics-drone-mag

Although I have yet to invent the wheel it's about time I got into the 21st century. The grandchildren have already left me behind with this tech so EZ must have been on it long ago. Perhaps the company no longer has use for geologists. All it needs is kit and on the ground discussion with Masai artisanal workers.

@ 20:28
What a shambles that turned out to be. Self-serving, incompetent, mostly unqualified and destroyers of a promising venture. Plus they either avoided transparency or skirted around the truth. I wonder where they are now. Lucky to only lose a couple of thou on that one.

@ 18:41 I'll be like EZ/LL = conservative.
Forecasts seldom materialise.
If PoG trades within $1,700 - $1,800 range in 2021, fair enough.
Trump's initial $900bn relief package 12 hours ago did absolutely nothing.
Let's see if the rest of the $2.3trillion pushes the needle.
Believing in fanciful figures could easily be our undoing.

The Fed for some extraordinary reason thinks it can control inflation @ 2% pa.
Seems crackpot to me, however.

Scotch all perceptions that I have any ability on SHG.
Much of today has been given to West Africa, primarily three countries.
An unhealthy way to spend an afternoon but I can give a single guide on the general subject, viz.
CAPD (read in depth). Big expansion programme.
One-third of turnover in Tanz. One-third in Egypt/Saudi and one-third in West Africa. See -

https://www.capdrill.com/news/transformative-business-win-igtv-interview

Most of the 000s of mushroom explorers are unlikely to see the light of day.
SHG remains a big standout AIM exception.

Apologies for jaundiced views on SA.
I skype to Jhb and Cape Town almost daily.

MrT, thanks. I see your CEY status goes back a very long way. I should therefore avoid making any noises here. A great deal more reading has to be done, when time permits, starting with -

"The Fettèkro greenstone belt is one of the larger Precambrian belts in Côte d'Ivoire: being almost 300 km long and 40–5 km wide, it extends from south of Dabakala (north of the belt) to Divo (south of the belt). Around the 7th parallel south (7° S), it is divided into two parts".

I do have one or two points to make on Sukari the deeper it goes not limited to finding out more on rock types and porosity leading to excess sulphate drainage.

Crikey, CD, I hope your instincts are correct. Not at all sure myself especially lately having carried out a massive exercise on Burkina Faso, Cote d'Ivoire, Mali, etc. We are almost certainly losing traction.

@ 11:24 Yes, Lundin kept to a simple blueprint.
By contrast NM has turned the process into a Spassky/Fischer marathon with no end in sight.
Not at all impressed by the scramble leading up to the AGM.
Too much padding, e.g Porvenir/Tandayama, and window dressing to deflect from the mainstream.
Slightly apprehensive that a lot of urgent issues are going to meander with consequences.

@ 07:21 Interesting
Being a latecomer to CEY, primarily through a need to diversify, I reversed my early interpretation on Sukari's west wall event. Remedial steps being taken should logically solve the difficulty. I now spend as much time examining the company in tandem with attention to its drilling contractor, CAPD.

Some more time needs to be spent on "possible high-grade discoveries at its assets in West Africa". Presumably this add-on will be pursued in 2021

@ 12:01 Please note that I try to reduce word use to the minimum as so much junk appears on the bbs.

No, I have not sold any SHG. In fact, I have gone well beyond the early rationale. Unless something remarkable occurs no changes will be made. Having to date acted unwisely on e.g. SOLG I shall not indulge in any more explorers; a basic rule is to stick to companies with sound balance sheets. Younger folk can pursue the higher risks as they have more years on their side to make good on misjudgements.

Instead I am concentrating on FTSE250 and 350 where growth is likely.

W.r.t. Shanta an ideal voice would be someone like Jonathan Leslie, who has a real grasp of Tanzania. Apparently there are six or more greenstone belts there and barely a start has been made on exploration. The acreage around NLGM is an example: South Porcupine was a surprise, esp one prolific feisic. Track that vein and the company may get into the headlines. And by establishing a (?)6m+ oz resource in Kenya/Tanzania combined we may see AngloAshanti and Barrick outside the door.

Because I don't go along with projected PoG the present policy of open pit extraction keeps AISCs under control. West Kenya drilling therefore to 200 - 500 m max (determined by the rig in use) is a logical step. One rig onsite suggests a minimum 3 - 4 month drilling operation. Good assays will light up the forum. Furthermore it seems logical that the Lihranda corridor extends into Busia, Uganda, and beyond skirting Mt Elgon. (Before Witwatersrand, Barberton OFS was the first gold discovery. The Transvaal Reef came along a few years later. Tanz and WK could follow a similar pattern.)

Other than a single sentence It is not really fair to comment on BMN. Judging from the S African accents in Kent together with hundreds who still want to escape SA, plus the rabid behaviour of Julius M together with BEE-E factors, covid3, etc the country is in very bad shape.

https://twitter.com/shanta_gold/status/1341353996552957953/photo/1
and BambooRock subsidiary
http://www.digmingroup.com/New/brochures/Bamboo%20Rock%20Drillin.pdf

At a stretch the Kenya office is undertaking the drilling. A replica of the rig can be found half-way down the pdf. Depending on the granite present 50 metres/day should be the approximate rate of progress. I also look forward to Digmin's new website, whenever that happens.

Having microscopically examined SHG I am moving and diversifying into other stocks. CEY has been taken up and CAPD will be added, possibly @ sub59p. Hydrogen cell tech is another area of interest.

Best wishes to all. Next year isn't going to be easy.

For the past 20 mins 16.4875 to buy and 16.50 to sell. Not for the first such event either.

Apols for that. Keyboard bust. Using onscreen app. Interesting little gadget when it happens to anyone else.