Cool updated on the mine in Tanzania where Shanta Gold is operating, listen here!

Shanta looking good 10p paid.

Great update today from Shanta. Looking good.

Gold price at $1350 which is also helping all gold stocks.

Shanta Gold Limited hails resource upgrade as “major development”

http://www.proactiveinvestors.co.uk/companies/stocktube/5926/shanta-gold-limited-hails-resource-upgrade-as-major-development-5926.html

Looking to break out very soon..

.

FLIGHT TO GOLD: Are these two small-caps ready to take-off?
13:40 22 Sep 2016
The British small-caps “have lagged significantly", according to Peel Hunt. But two may be ready to outperform.
FLIGHT TO GOLD: Are these two small-caps ready to take-off?
Could you make a mint on these two?

Pan African Resources plc (LON:PAF) and Shanta Gold Ltd (LON:SHG) are the two UK top picks in gold mining, according to the broker Peel Hunt, which has released a 41-page update on the sector.

Pan African, which reported stellar results on Wednesday, offers investors income, as it boasts a dividend yield of 4.5%, while Shanta is a ‘deep value play’.

“Its position in the lowest quartile of the cost curve should see it attract attention, but this has historically been overshadowed by the level of debt and concerns over a short mine life,” said analysts Michael Stoner and Peter Malin-Jones of Shanta.

“This has now all been addressed with re-financing and better than expected operational performance bringing the debt to sustainable levels.”

They reckon Shanta, currently changing hands for 10.5p, is worth 21p a share.

Topped up here today, Shanta is looking good with the expected gold price on the up..

RNS Out.
Very high grades Shanta is looking good.

Shanta Gold Limited planning to start Singida pilot in first half of next year

http://www.proactiveinvestors.co.uk/companies/stocktube/6102/shanta-gold-limited-planning-to-start-singida-pilot-in-first-half-of-next-year-6102.html

Topped up today on the dip.

Nice set of Q3 Results out today.

http://www.moneyam.com/action/news/showArticle?id=5433600

Nice steady rise........

whats-propelling-shanta-gold-limited-to-reach-52-week-high

http://friscofastball.com/2016/10/20/whats-propelling-shanta-gold-limited-to-reach-52-week-high/

Q3 2016 Production And Operational Update Analyst Call

https://arkadinuk.sharefile.com/share?#/view/sc0a171f50b04a8a8

Zurich Precious Metals Summit 2 November 2016

("Shanta Gold", "Shanta" or the "Company")

http://www.moneyam.com/action/news/showArticle?id=5441978

StockMarketWire.com
Shanta Gold has received the advanced payment of $5.25m as part of its silver streaming agreement (SSA), as announced 6 May 2016.

As previously stated the Company will also receive an ongoing payment of 10% of the value of silver sold at the prevailing silver price at the time of deliveries.

By way of reminder, the SSA relates solely to silver by-product production from the New Luika Gold Mine with minimum silver delivery obligations totalling 608,970 oz Ag over a 6.75 year period.

The Company produced 121,682 ounces of silver in 2015 resulting in approximately 2 per cent. of annual revenue.

Good buying Opp here at this price IMO. sell is over done I will be topping up. 10p

You do that
a gain of 8.50p in one year now lost 3p from its high is a 37.5% retracement

from my thread........

XXX 8 Nov '16 - 09:17
Gold losing ground -$8.50
Some of the gold shares doing much worse

CEY 132.30p -7.60p (-5.43%)
PAF 18.75p -1.25 (-6.25%)
SHG 10p -0.62p (-5.88%)
CNR 55.50p -3.50 (-5.93%)
------------------
comparing
---------------------------------- 7 days --------------------------------------------------- 3 month --------------------------------
---

Spangel comment on the drop:
"India precipitated the fall in gold prices last Sunday under cover of news the Trump election with local press reports that the government may be considering a complete ban in the shipping of gold into India. We presume this may have been prompted by the move by individuals to convert large denominated Rupee bills, which are being withdrawn, into gold with gold looking set to take over as India’s next black market currency.
Yellen says the Fed could raise rates relatively soon and that Trump has done nothing to change the Fed’s plan for a rate increase
The Fed may also raise rates to assist the Treasury in the issuance of bonds to fund future Trump infrastructure spending.
Trump may also lower US corporation taxes as pledged to further repatriate US dollars held in overseas accounts.
The flow of funds back into the US could strengthen the dollar further and cause further volatility in the Emerging Markets.
Emerging Markets are fragile and volatile markets at the best of times and a liquidity squeeze in S Korea and other developing nations could well precipitate further crisis.
The question for gold bugs is, how low will gold go as the US dollar strengthens before the next crisis causes the gold price to recover.
Given that currency markets have already priced much of the Trump move into the US dollar and that further strength will damage more exports then it may be that the move in the dollar and the fall in gold prices is largely done
It may also be that the Fed could print new US dollars rather than increasing its borrowings though we seem to be the only people considering this. The inflationary impact of new money printing could be the deciding factor here."