Chaarat Gold Share Discussion Threads

[oli12] 14/10/2016 07:15

Another holdings RNS. I believe Labro have bought more shares since the date of this notification.

[mo2550] 13/10/2016 20:24

Dated 16th Aug 2016https://www.macroaxis.com/invest/market/CGH.L--valuation--Chaarat-Gold-Holdings-Ltd

[oli12] 13/10/2016 10:03

I would say min 10p .... not much downward risk now IMO given the placing and subsequent in market purchases. Reasonable takeout somewhere between 15p - 20p

[juju44] 13/10/2016 08:37

Looks to be like these guys are stealing this company by stealth .I wonder what they will offer for the rest of the shares when the time comes

[oli12] 13/10/2016 08:24

richgit, if your a buyer at 15p then surely your a buyer at 9p as well. It would not surprise me if the masses arrived after we break 10p though - that's the market.

[richgit] 13/10/2016 08:19

It is all getting very interesting here.

My own stance is to now buy more if/when the stock price breaks above 15p,as that
could/should be very significant.

[oli12] 13/10/2016 08:09

Another holdings RNS. Labro happy to pay 8p plus per share. 10p is approaching as they can buy 19m more shares.

[oli12] 12/10/2016 09:49

Strange it's quiet here. Our biggest holder has 38% of this and has permission from the BoD to buy 21m more shares in the market which could take their holdings to just under 50% . There has been a buyer around since that announcement and the placing pushing the price up. This could see 10p soon - a nice return if you got in at 6p

[novicetrade68] 06/10/2016 09:30

Or may be CNMIM is picking up a few more too.

[oli12] 06/10/2016 08:34

That was probably Labro as well, I expect another holdings RNS tomorrow confirming this. Buys at 8p this morning - time to be IN here for the ride to 10p.

[melodrama] 06/10/2016 08:16

someone bought 1.7 mill or so yesterday at the close, so there are other buyers out there!

[oli12] 06/10/2016 08:13

Labro buying in the market... they have permission to buy 22m shares which should push the price up

[richgit] 30/9/2016 10:24

Mr Randgold reminds us -


"Just to keep the industry supplied, he estimates that it will require the discovery of 90-million
new ounces a year, and to reverse the grade deterioration 180-million ounces a year will need to be discovered.

However, current discovery levels are at a fraction of what is required,
in the range of 10-million ounces to 15-million ounces a year. "


The above is a warning of an immense problem coming for those around the
World that are taking Financial mayhem insurance in Physical Gold .

I think the Investing Community has their head in the sand with regards to what
is eventually coming in the explosion of value of Gold in the ground far ahead
of the days Gold soars.- as many don`t need Gold at $1900 or $10,000 as $1200
would be a nice place to be for many,yet Investors are blinkered to that fact.


When sentiment changes (faced with the reality)it could change fast and ferociously as Investors eventually scream for and applaud "more"

I somewhat doubt CGH and its 6+ million ounces will go ignored






Next relevance ??????



China assumedly being welcomed On October 1,
for the first time in 43 years, by the IMF to add China’s currency, the Renminbi
(denominated in yuan), into its Special Drawing Rights basket (SDR).



So---
China will just keep piling up more and more Gold as its asset backing,whilst its own in the Ground resources decline rapidly !!!!!

[asturius101] 28/9/2016 09:24

Richgit, why the loyalty to CGH? By this recent discounted placing the BOD have not shown any to S/H...and there are many better gold minnows out there imho

[richgit] 28/9/2016 09:20

There was/is no question of not being able to get the Gold out ,so let`s not have any nonsense !!!!!


We cannot change the past or magically reverse 5 years of in your face Manipulation
because the World`s Confetti has to be supported by such Manipulations against anything challenging Confetti-whether Gold.Silver,Platinum,Palladium or sheep bladders.

Of course if Gold had held at $1600 from 2011 then no doubt the headlines of
200,000+ ounce production at costs of $600 would have put a virtual multi year Money printing machine into focus with a headline base target of $200,000,000 Million profit to numbercrunch from

Little doubt the stock would have been at £1 per share or more and with those numbers a payback of what would have been seen as a couple of years would have made a no brainer Capex of $600Million a walk in the park.

So as Manipulation and awful sentiment is at the fore everyone is an expert,yet
Manipulation can eventually fail and sentiment can change very fast,so it is
whether Gold can break the Manipulators- as the real money they try to keep focus
away from.

What could have happened.............



" The capital cost of building a facility that produces 211,000 ounces of the yellow metal per year was initially put at US$684mln



After an optimised feasibility study, led by Chinese engineering specialists at NERIN, the initial investment at the mine was then looking to be more like US$470mln.

The new feasibility report now tips the cost of gold at the project to be US$605 per oz, which would make it one of the cheapest gold producers in the world."
with one of the largest resources around.



.........................................


I will stay for the ride with CGH in my Portfolio,as all of the above does not
disappear- yet of course we will need that better sentiment which could arrive on
any day in the coming months ahead,and if it does or when- there will be many telling us what CGH could be worth,and that it has investors that believe they can
prove the so called Market so wrong.


Most certainly the East,and now many others,will not sell their Insurance
against Confetti- with Physical Gold as the Cabal play with "Paper Gold" that promises to pay potentially 0


IMHO.

[[e-mail]] 28/9/2016 08:22

in profit already.

[[e-mail]] 28/9/2016 08:12

took a chance and brought a few.

[novicetrade68] 27/9/2016 21:14

Golan could still last till the next fund raise I would imagine ? His salary could be reviewed sooner of course. I thought the mention of CGH being refered to as the 'Stockholm Project' leads me to think Labro will probably take this over for a pittance once the money runs out again. Only speculating btw.

[onlyahobo] 27/9/2016 20:05

One thing that has fundamentally changed in all this nonsense is that Golan has a boss. In a very much more definitive way. He is unlikely to last now that there is accountability to someone who has just sunk another block of cash into this and controls 37%. There has never previously been this dynamic.

If Andersson has his wits about him - and he knows very well what the market thinks of Golan - its weeks to a RNS announcing a new CEO.

[novicetrade68] 27/9/2016 19:31

I think there is a difference between what Dekel thinks the company is worth and what the market thinks it's worth. CGH never fails to impress when it says it has a huge 7m oz deposit, but because such a large part of it is 'refractory ore' it is going to be more difficult to get out of the ground.

So now CGH will develop Tulkubash - which is simpler to extract but has a 900k oz deposit for now yet can potentially be upgraded through more drilling.

So, I think it is more realistic to see CGH as 1m oz deposit explorer in Kyrgyzstan than a 7m deposit explorer, because these other 6m oz will not be developed for a long time sadly.

[pjackson64] 27/9/2016 18:08

RNS dated 20 sept

edited to keep short

benchmark was set at 20 times market cap at that time.
as chaarat has continued to trade at discount to gold in ground
it has not been possible to sell for sensible price.


As I understand that---that valued us at at about £1 a share
That would have done me.

have I read that wrong cos if not then does BOD just want to keep wages
coming in????

[asturius101] 27/9/2016 17:35

Richgit no disrespect old boy, I do share a number of your sentiments. But I recommend you remove the old rose (gold?!) tinted spectacles and move on to another gold miner with a solid BOD. The CGH BOD have proven themselves to be complete amateurs and have thus substantially screwed over pi's... AIMHO etc

[mortimer7] 27/9/2016 15:07

Dekel Golan interview on proactive investors after todays RNS.
(Can't post link, sorry)

[novicetrade68] 27/9/2016 11:00

Interesting discussion on LSE on how todays' RNS appears on the CGH website as 'Project Stockholm'