Monday September 22, 2014


Video Postcard #81 – Reflections on the summer at the Greek Hovel
The skies darken over the Greek Hovel as lovely Eleni and the rest of Kambos prepares for winter
This time it really WAS a snake encountered at the Greek Hovel

PERSONAL, UNDILUTED VIEWS FROM TOM WINNIFRITH

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Shanta Gold – Placing Complete, PI screwing all done – Now we Plebs can and should buy

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- Tom Winnifrith

And so the screwing of Private Investors in AIM listed gold miner Shanta Gold (LSE:SHG) is completed. The company has today announced that it has raised $35 million (£21.8 million) in its bookbuild placing announced yesterday at 17p. The new investors will own 38% of the equity. We plebs have been rogered, we feel sore but an objective look at the investment case still leaves the shares as a buy. Here is why.

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