Chaarat Gold Share Discussion Threads

[casual47] 03/11/2016 09:43

Not difficult to double since placing when it was such a discounted placing price.

Most longtime holders will not have added on the dip either.

[oli12] 03/11/2016 09:31

Well Labro happy to pay 9.7 according to this mornings RNS. The BoD dismissed interest at 10.5p so we should see 11p and 12p .... surprised more have not bought in here an easy 30% upside. It's nearly doubled post placing.

[gaaston] 03/11/2016 08:54

Me too Highly, needing 12.7p

[highly geared] 02/11/2016 22:46

Well , might just get to my Sipp buy price of 11p some 18 months ago! I bought then thinking big upside........

[novicetrade68] 02/11/2016 19:30

Quite amazing frankly this has doubled nearly so quickly after the placing.

[oli12] 02/11/2016 17:23

It seems Labro still buying and now prepared to pay over 9p for stock... still very little other interest. Dekel presenting tomorrow @ proactive investors.

[oli12] 02/11/2016 13:12

Casual, it's crossed my mind only because I've seen it ALL here over the years and nothing surprises me - the cost of keeping a company this size listed each year must cost several hundreds of thousands.

I think though they will just make an offer and take it over on the cheap, we have the recent 10.5p offer from "parties unknown" as a low ball bar to aim at, once they hit 45% holdings and with the shares the board hold along with the Chinese they will push though a take over IMO say 14p.(China non ferrous metals who have lost interest as they did not want further placing shares)

In reality and given the funds needed to get a small scale operation going this is all is HUGE gold reserve is worth - a shame but true. I've seen it over and over with oil explorers, iron ore miners and others.... worthless unless you have funds.

[casual47] 02/11/2016 11:32

Oli, are you considering the possibility that Labro may steer this towards delisting?

[oli12] 02/11/2016 11:31

Tick up today, can she hold 9p plus. Labro still buying however the total lack of interest keeps the price relatively static.... it could spike over 10p on the slightest interest / sniff of a revised bid.

[highly geared] 31/10/2016 22:38

Yep, co join another holder to get above 50% , then use majority stake to take private or at best, offer minority 12-15p max for their shares.
Arrange debt finance or jv and make a mint.
What it does tell us is they see the gold price being much higher over the next 10 years.

[juju44] 31/10/2016 13:19

You would think that even if it was to be taken out for 10p there would be buyers - its still a profit . The lack of interest is amazing

[casual47] 31/10/2016 08:30

Another block trade RNS from another II to follow?

[juju44] 31/10/2016 08:22

But how are they keeping the price down

[casual47] 31/10/2016 08:19

A stitch up, that's what. Labro will walk away with the company without having paid more than 10p a share. So much for holders who saw a Shangri-la of 20p above.

Richgit, your $10k/oz gold price may come but it won't matter a bit for your chaarat shareholding...

[juju44] 31/10/2016 08:13

All these big share buys and the share price doesnt budge. WTF is going on here

[mortimer7] 28/10/2016 16:25

Did anyone manage to find out who was behind the offer on the 18th October?

[casual47] 27/10/2016 10:33

Looks like our BOD has sold us out. Rather than do the 5p placing they should have put the company up for sale because it's clear this guff about the BFS to start a small operation is all bullsh1t, it's never going to happen on our watch. But I guess they prefer to line their own pockets instead.

[casual47] 27/10/2016 10:30

At this rate Labro will takeover without paying even a smidgen above 10p per share.

Given the spread makes it hardly worth it for PIs to want to add as the risk will be they delist before taking over.

[juju44] 27/10/2016 10:26

The lack of interest here is amazing with all that gold in the ground. Golan will never deliver but surely someone else will .Lets have a decent offer

[casual47] 26/10/2016 14:28

There is still an II seller so what is causing the IIs to sell? Their averages must be well above the current share price

Why bail out now when the Project Stockholm folks may be making a bid for the company?

[casual47] 26/10/2016 13:57

Any idea why First State bailed out after having been in for nearly a decade?

[oli12] 26/10/2016 13:53

Biggest holder IMO still buying stock - has permission to buy another 17m shares without having to make an offer - trade for 500,000 just gone through for 8.8p once they reach this threshold they will have 45% holdings (48% if they exercise warrants)

surprised not more PI interest here.

[aim_trader] 25/10/2016 14:41

CEO Dekel Golan will be presenting to investors at the Proactive One2One Mining Forum taking place on the evening of 3rd November at the Chesterfield Hotel in Mayfair from 6pm. For further details and to register to attend, please click here:

[juju44] 25/10/2016 14:11

One could construe an inverse H&S in the chart with breakout imminent

[richgit] 25/10/2016 09:47

2017 could be a huge year for CGH if all goes to plan.

All things being equal the Market will start to numbercrunch what should be exciting returns from the first 5+ years of low cost/simple production circa 60-70,000 ounces.

A road to travel- and then the what if of numbercrunching the "Big" expansion ulocking the majoriy of the "7Million ounces in the ground".

It remains the risk/reward of a value somewhat potentially obscenely higher than today.

What ifs !- maybes ! - yet if/when the what ifs come into focus,and "if" Gold is doing what it should do and a fair greater fraction of the $9000 it should be now
......then !!!???


I remain to the argument/logic that 7 Million ounces of Gold at future values
of $2-$10,000 per ounce. is NOT going to disappear into a black hole.

Our main investor stands like a Centurion guard to ensure their vision is 20/20
for their investment.


IMHO