Chaarat Gold Share Discussion Threads

[juju44] 20/9/2016 08:53

Maybe the new chairman can do something about Golans inability to deliver since he has put a lot of money in here. First task should be to get a new CEO

[highly geared] 20/9/2016 08:51

Nobody wants Cgh with 7 million oz and now the share price is holed again as the " make it up as we go along" strategy continues. I suppose options were limited with the Chinese apparently not interested but we are essentially stuck here for another 3 years with dilution to come if debt funding not forhcoming. Yes, someone please buy us!

[onedayrodders] 18/9/2016 10:24

Richgit ... that's just your "suspicious mind"

;o)

[richgit] 18/9/2016 01:30

Obviously we will have the answers this week from the Fed.

With now so few expecting a rate increase-yet JP Morgan pushing for one,the
result of a rate increase with all the anti-gold propaganda in full flow,they
could possibly engineer a hit on Gold over a period for - $300 .

The reality of course is that the big 8 shorts + commercials is so obscene that
not even -$300 resolves the shorts situation.

In the then eventual ensuing snap back the unresolved shorts just then adds to the carnage to the upside- so bitter sweet for those that still have Capital to deploy.


If they don`t hike rates-then how on earth will they resolve the grotesque Paper Gold shorts situation ?

So who do/will the Fed truly answer to next week !!?

Will Dracula be heard ?-as the most Criminal Bank on the Planet is rarely ignored by those it owns,or will Jamie get a slap down in the showdown


Yellen hears Elvis all day and night ....." caught in a trap..........."

[juju44] 17/9/2016 09:35

Wasting your money

[highly geared] 16/9/2016 23:22

Tumble weed here at the moment. News black out is deafening; what are they doing?

[onedayrodders] 06/9/2016 14:26

This could become flavor of the month very quickly...so I can wait

[yanikto] 06/9/2016 14:23

How many of the Canadian miners you talk about are already in production? That makes a big difference!

Charaat need to raise a lump of equity before they can raise loan finance. At the current market cap, this means dilution.

Bear markets can last a lot longer than 5 years, the last bear market for Gold lasted nearly 20 years!

I wouldn't hang around, there are a lot better opportunities around in other sectors.

[onlyahobo] 05/9/2016 17:07

Whilst there may be questions about how this moves forward in the short term, the fact is that this is an outstanding resource at a time when miners face increasing difficulty in replacing reserves. Furthermore, it has substantial room to grow and offers a substantial, very long life asset.

After 4-5 years of one of the most severe bear markets in the sector we are now in the first stages of a new gold bull which the miners, or at least the miners in Canada, and particularly the Canadian juniors, are leading strongly.

Chaarat has missed all this completely. The activity which has seen Canadian assets rerate anything between 5 and 10x in many cases has completely passed it by. So far.

It is a matter of time before this asset starts to regain attention and gets revalued. The window here will be closing very shortly.

[shapido] 05/9/2016 16:22

I thought they were going for a staged development, so will not need 500m upfront to start producing

[mo2550] 05/9/2016 13:39

Currently 7.4575 to sell - over the last few weeks mm's have offered above the bid price ....expect to see the share price to close higher today...

[yanikto] 05/9/2016 11:36

Real simple reason, they need $ 500m to start producing. 30-40% of that needs to be equity. Work out the dilution!

[juju44] 03/9/2016 17:42

Amazing market indifference to a company with over 4 million ozs of gold and a market cap of 21£ mill.

[onedayrodders] 23/8/2016 15:38

Juju ... keep a lid on that enthusiasm mate

[onedayrodders] 23/8/2016 15:37

what on earth are they doing with the SP

[onlyahobo] 23/8/2016 15:27

Or Anderssen changes the BOD.

[highly geared] 23/8/2016 15:10

All we have is T trading on news anticipation.... The market sees this is a stranded asset unless the BOD say or do something to change perception.

[juju44] 23/8/2016 14:49

Just a dog here

[onedayrodders] 23/8/2016 14:39

hhmnn not nice

[gaaston] 20/8/2016 13:25

Either way most of us should get our money back and hopefully much more ~ CFO is in an invidious position, feel for her

[onedayrodders] 19/8/2016 19:27

Cant be too far away for some guidance now

[casual47] 19/8/2016 18:49

Talk of going into production is 100% bluff on Dekel's part, imo.

It's not going to happen.

CGH should be taken out by end of 2017. The only question, imo, is: At Dekel's exit price or at a hostile buyer's?

The only person who can help decide that is Mr. Martin Andersson. Is he Dekel's saviour or will he decide Dekel is hopeless and force his hand?

[onedayrodders] 19/8/2016 15:27

Last update

Dekel Golan CEO commented: "In line with our twin track strategy we are continuing to move towards project development as well as talking to potential acquirers and partners. In that context the increase of the Tulkubash resource (and reserves which the FS estimated at 523k ounces (non JORC)) underpins a significant development opportunity.

You won't here anything until either production schedule and plans finalized or a buyer buckles and steps in.

I think it's a game of cat and mouse