Chaarat Gold Share Discussion Threads

[onedayrodders] 04/7/2016 11:30

Like I said pathetic mm games with the bid early on now clear what they were trying.

[highly geared] 04/7/2016 09:48

What we're seeing and what's coming is the perfect storm for gold. If you believe gold will be double or more current levels in the next 3-5 years as fiat implodes then in 2019 people will look back to now and think " why didn't I buy some?".
I remain of the view that CGH, with the current environment and what's coming, is the bargain of the century.
If you've been here for 3 years or more it won't feel like that but you need to consider what's gone ( worst 5 year gold bear market in decades v what's happening now and what appears likely to happen in the next 2-3 years).
CGH gold currently valued at $3/oz in the ground with DFS complete.....

[onedayrodders] 04/7/2016 09:37

mm's just love manipulating the bid side.

bless em

;o)

[casual47] 01/7/2016 15:26

Whatever steam CGH had been gathering this week has petered out.

Wa wa waaaaa

Last year there were 2 months of silence after prelim results. Can Dekel pull his finger out this year, please?

[richgit] 01/7/2016 11:46

Highly geared.

We certainly do not want any bid from opportunism in a World that without being
Hysterical could definitely see $10,000 per ounce in time to come

To me it is just the continuing path of $250-$1900, with a pause, and then $1900
and beyond.

I want CGH ,in the words of Mr Gold,to be one of the stocks "We never sell"


Mr Golan only has to come up with that low Capex plan to produce some Gold (any Gold)and the "never sell" would be the potential.

We know that the hindsight of Gold just holding in a $1300-$1400 range would
then eventually have all the Money Mr Golan wants leading a path to His door.

Just give us that dream/reality that He can do it and the share price to
raise that small Capex will be there- and more !!

All asssuming the Central Planners haven`t thought up some new scheme to pause the Gold stampede,but then CGH can make money at the worst the delinquents could dream up.
So Mr Golan only has to prove that CGH can produce and that the Kyrgs are not quite the Gangsters some self appointed Gurus suggest they are.

The real Gangsters are in the West !!

IMHO

[highly geared] 01/7/2016 08:17

With CGH having a 7,000,000 Oz JORC resource with a large proportion in Measured and Indicated category + the DFS in place and optimised, it's somewhat bizarre that CHG is valued around £20 million. But,it's all about the mine finance.

Now, with gold having broken out of the 5 year bear downtrend and all the signs of NIRP and more easing on the cards, things appear set up for a 2008-11 re-run.

This infers gold "in the ground" will start to be valued again and I re-call $50/oz not being uncommon last time around and a lot more. Take a resource to DFS stage then the value increases considerably ,as shown by the DFS NPV calculations.

If gold carries on, CGH will be taken out if it cannot secure initial financing to start the mine and for multiples of the current share price.

For anyone with patience (1-2 years) and assuming we will see gold north of $1500 in the next 6-12 months and probably much sooner at this rate, anything under 10p/share has to be the bargain of the century.

Consider 5 million mineable oz with a margin of c.$1000 in a bull market ($5 billion cumulative operating profit) and the mind boggles. The AISC from the DFS is bottom quartile..!
I've just bought more.

[gaaston] 28/6/2016 21:39

at least CGH has fidgeted: confess richgit, your last is beyond my ken

[richgit] 28/6/2016 13:52

casual47

It is no more than Doctor Death- the Stargazer-and His followers that need their hands held to traverse the Galaxy and support their borrowed positions.



A Pity really.

[richgit] 28/6/2016 12:17

The Central Planners are certainly in panic mode,so we will witness endless
shennanigans over the coming months- and at some point no doubt "Paper Gold" at lower price than Physical.

Of course there are already 2 prices for Physical- The average Joe Bloggs Price and the buyers of Tonnes price.


Reality is some time away and will travel for years.


We might as well just hibernate now with Gold,Silver and chosen stocks tucked away and wake up in eighteen months.

[casual47] 28/6/2016 10:41

A lot of gold miners have pulled back today, as has the POG.

Something else is motoring CGH.

Perhaps a pump and dump crew is at work, perhaps somebody is accumulating.

Maybe we'll see an offer being made?

[richgit] 28/6/2016 10:28

We get a glimpse of what could happen when CGH eventually attracts - real buyers- and volumes far beyond just short termers.

Let`s hope the likes of the shareprophets type crowd and their hapless stargazing chartists only start to take note at far higher prices.

[juju44] 28/6/2016 10:25

Looks like he just has. I wouldnt rely too much on that chart

[casual47] 28/6/2016 10:16

Nearly 20% up today.......Hayfield should visit more often!

[richgit] 28/6/2016 09:24

PS

Could we witness Gold at $2000+ and "Paper Gold" at 0.

If the day comes that Paper Gold cannot deliver any Gold then is the value of
Paper Gold.........Paper !!?

Could you arbitrage paper Gold at $1200 and physical selling at $1300.

Not if they wont let you demand delivery at $1200 !!

Strange things could happen when all that JP Morgan et al have - is paper.

[richgit] 28/6/2016 09:13

What value for such Resources in a decade that could witness a true shortage of
Gold and even a reluctance for the Majors to sell their production too cheaply.

If we witness the days of Gold jumping $100 then Joe Bloggs` favoured local bullion dealer would simply pull down their shutters and sit on their Gold.

If the likes of Russia,India ,China have aready been mopping up beyond all
World production (coming to the Market)and the Western Central Banks have already leased out even their Gold fumes.......then what !!!?

I would imagine that more of the Gold producing countries will be allowing less Gold to leave as they pile more into their own Central Bank vaults.

On that score this may be the last Gold honeypot around for the Chinese to produce Gold that can be sent to China.


I hope Mr Golan will follow through with a plan for small scale production
so we can sit back and "name the price " when the World runs out of Gold.

I certainly have the patience for that event to unfold.


IMHO.

[tromso1] 27/6/2016 14:38

From 23:35

[casual47] 27/6/2016 13:35

You'd have to be very brave to bet against gold miners at the moment.

Likely to be like this for the foreseeable future.

[juju44] 27/6/2016 10:43

When gold does its thing it will lift all boats , even the wrecks

[onedayrodders] 27/6/2016 10:41

what was that trading range again

LOL !

[richgit] 25/6/2016 13:25

The next interview Golan does will be with 7Million ounces in His Money belt,and much else.

He will no doubt have a more appreciative audience.

All He really needs to do is borrow Mr Trump or Mr Farage for that interview.


7 Million ounces valued at CGH`s Market Cap could be the bargain of the Century-
even Centuries.

Let`s hope Mr Golan has His truth bomb prepared to convince us to buy into
potential $Billions of Gold that would be cheap at multiples of the current price on offer.

Could this undervalue equal Baltimore`s overvalue in the Dot Com era !!?

Never say Never whilst disciplining a spread into the percentages game of so many ludicrously undervalued -Gold stocks.


IMHO.