Chaarat Gold Share Discussion Threads

[richgit] 22/9/2016 08:17

NOVICETRADE68
It certainly does seem a very generous salary.

However- if we were to compare His salary pro-rata with the 7Million ounces discovered, that He has overseen- then possibly not.

I am fairly certain that if the Gold Cabal hadn`t managed to manipulate Gold
down to such an obscenely low price from 2011 and the organised smash in 2013 aided
by the BIS - and lets say Gold only quite reasonably rested at an absurdly low $1400 the story since would have been totally different with Mr Golan heading up a Company with a valuation far far beyond today.

Had he been able to implement the small scale production plans in 2013,CGH would
no doubt now be in the frame for some to ask " name your price !!?"

In all reasonable comparisons to Confetti printing,astronomical debt,looming Bank crisis,and even the possible demise of a Major currency, Gold should be priced far
beyond $1900.

I have followed Gold from $250-$1900 and have NEVER witnessed such demand,plus reasons for Gold to soar- yet Gold stocks at levels I have arguably never witnessed
pro-rata since 1999.

I merely remind that Brancote sold for £200Million plus years ago without a mining plan in sight and 5 Million ounces in the ground.


Reality will come to the fore.


IMHO

[novicetrade68] 21/9/2016 22:18

Not deramping, but I do think they need a new management team here that doesn't take up 25% of the annual cash burn - and that actually excludes the 27 Kyrgyz employees on the ground. Let's see if Marten Anderson is happy to continue paying Dekel $428k a year going forward.

[richgit] 21/9/2016 21:34

It`s about Gold.

7 Million Ounces + and a major investor that wants/intends to see a return on the
investment.


What else needs saying !!!?

We now only wait until possibly the days of Gold anything is in demand,as there certainly isn`t a lot of choice around in London listings if more people start looking for the next potential - micro cap to $Billion +,so it could become a very crowded sector.

7 Million ounces is far beyond a good start.

You don`t bet the House on CGH,yet as part of a spread risk/reward portfolio
the potentials are obvious,and maybe now the timing is finally right.

[highly geared] 20/9/2016 20:41

Come back in a year when gold hopefully $1500+. Might see an improvement then. Golan's salary is a scandal; should be on no more than $100,000 for what he does, arguably < $50,000 based on shareholder value delivered.

[novicetrade68] 20/9/2016 20:13

Reading a bit more in the AR it seems Dekel brings 'entrepreneurial skills' to the company. That having said, I suppose the high % of refractory ore is the issue here. I know they've been talking with many parties over the years, yet nothing ever materialized. Still would think the company is worth more than its current £15m MCAP.

[juju44] 20/9/2016 20:08

He is a worse than useless idiot who will never deliver value for shareholders. We need a take out at any reasonable price

[novicetrade68] 20/9/2016 20:07

From last years' accounts I see Dekel makes $428k a year.

[casual47] 20/9/2016 20:03

it allowed Dekel to draw a good salary for another two years so it was alright for some

[novicetrade68] 20/9/2016 19:59

I bet they regret doing the Chinese fs now as it didn't seem to get them anywhere for now, apart from nearly two years lost.

[juju44] 20/9/2016 19:56

An exocet up Golans posterior might help

[edjge2] 20/9/2016 18:46

A bit of m&a could well sort this lot out.

[gaaston] 20/9/2016 13:51

Difficult to say that as things can move very quickly and without warning

[tsmith2] 20/9/2016 12:50

Much much better opps elsewhere.

[richgit] 20/9/2016 12:34

juju44.

CGH "could" have been travelling from 2013 and no doubt the stock price accordingly.

Yet- the grotesque Gold Manipulations by the Central Planners trying to prop up
their worthless Confetti,had some calling for $800 Gold-so not a great time to implement the considered agenda then.

Arguably the travelling was delayed,yet now can proceed and hopefully at some point
the so called Market will awaken to CGH`s immense potentials in a World that may
be witnessing Gold shortages and values for ounces never witnessed in History.

Not every Gold pick is going to go exactly to plan and desired timing,yet for those
considering a Gold plan for years ahead many lagging Gold picks will catch up,and gradually deliver their true worth.


Those that think CGH wont get the $Billions out of the Ground may as well move on,and those that think any type of CGH can get at those $Billions without needing
finance are in Cuckooland.

We are merely talking about the price,and maybe time will come when the price is
a huge multiple -and we are still accumulating.

There are still very few following Gold,and the Central Planners hope to keep it that way until the last multi leveraged ounce of Manipulation is exhausted and beyond their Dead hands.


Yellen decides whilst Elvis sings and the 1% get their next $Multi Million tip off,before the rest of us Cow Pats.













.

[juju44] 20/9/2016 11:27

Rod , this is the n'th plan . None of them ever happen . Golan is worse than useless

[casual47] 20/9/2016 11:26

The only way this pill will be swallowable is if Golan gets the boot.

He must go. There are no two ways about it.

If you can't make a business work in 6+ years you must go as clearly you are incompetent.

[onedayrodders] 20/9/2016 11:21

yes thought the same ... one is ex Goldman Sachs so perhaps a hint that a commercial trade sale is still the primary objective.

Today is a sobering statement for long termers but a solid plan nonetheless for a world class deposit. With a financial crisis looming the conditions for Gold looking strong over the next few years I'm hanging in there.

The mine plan and timing should not be a surprise and is par for the course.

[casual47] 20/9/2016 10:57

Slightly worrying that in our new Chairman's and new Director's list of expertise there is not even one remotely related to mining.

We will soon have a new BOD where none, NONE, of the directors have any experience in successfully bringing a mine into production.

[casual47] 20/9/2016 10:36

Let's not overlook dilution.

At current mcap a placing that's able to support getting us into production can easily halve/quarter/etc those share price projections

[richgit] 20/9/2016 10:32

CGH now have a lot of travelling to catch up with as the huge manipulations of
Gold have delayed the journey-yet the awesome value of the Gold remains and got bigger.

Quite obviously if CGH delivers on its agenda or is merely perceived to- then this Company/business is going to be valued at many multiples.

It`s just a matter of accumulating as the future becomes more defined- whether that
starts from a base of 5p -15p and upwards of 30p, 100p or whatever.

Most certainly a lot of travelling for 6+ Million ounces of Gold valued at ?!!!

Let`s see what Yellen has tell us ..........

[casual47] 20/9/2016 09:38

Let's see what the placing price is. Last time it was at a 50% premium.

[gaaston] 20/9/2016 09:30

The Chinese have usually paid well over the odds for oil and gas properties

[nick rubens] 20/9/2016 09:10

One only needs to see the mention of 'Chinese' and know nothing will come of it.