Chaarat Gold Share Discussion Threads

[juju44] 15/1/2017 18:46

You will have a long wait . All this stuff is years old .No one can stop the mafia

[richgit] 15/1/2017 17:44

IS THE GLD BEING LOOTED-AND CAN THEY PUT THE GOLD BACK ?


In simple terms,

To keep a Gold price suppression going for so long,it means all Physical paid for
Gold demand HAS TO BE MET to hold the price down.

That means all excess demand beyond ,which actually comes to Market,has to come
from Western Central Banks (Fort knox ?).
Specifically leased Gold that should in reality be accounted as "SOLD" gold (gone forever.

When that looting is exhausted it really only leaves the Gold in ETF`s that could be looted (or borrowed from )and question of which ETF`s are fully openly auditable so Investors can know the truth of the Gold holdings.

It should be conern to some that apparently nobody has Authority to audit the GLD,
and that.the Custodian-HSBC-that has been accused of evey fraud on the Planet along
with laundering Mexican Drug Cartel Money,is about as trusted as the word of
Tony Blair.


So when the GLD figures confirmed its reserves fell some 50% (that could be 90%)

Mr James Turk confirms that some Hedge fund Managers told him,that they requested
to convert GLD shares for Physical Gold delivery and were "refused permission"


That suggests that predominantly those being allowed to loot the GLD are the
Gangster Bullion Banks !!!and it has been continuing.

The main observation being, Bullion Banks shouldn`t need to loot or borrow GLD
Gold reserves when the Crime syndicate tell all "There is no Physical Gold demand " !!!

Ho-Ho-Ho !!!

The GLD is virtually a scam Casino like the Comex where most are just using it
to bet on the price of Gold and the scammers running it totally relying on the fact
they hope few will ever ask to convert to Physical delivery,which means their reliance on being able to extract the Fractional reserve down to near 0.



In conclusion,that theory looks like seriously backfiring with some ferociousness unless they are simply prepared for the Armageddon of these scams going into default and some whilsteblower telling all that the GLD is becoming "Goldless!


Seems to me the fight to fill all these black holes could be can kicked until
every Physical buyer arrives on coaches all demanding at the same time-when Gold
production is declining,along with more and more Fund Managers requesting
to convert their GLD shares for Physical.

Surely they cannot tell them all...... NO !! without Alarm bells going off.




I look forward to those coaches arriving,and the gutter brawl as the fight
to obtain Gold to fill the Black Holes has China refereeing as they gain
control of the "Physical Gold Market"


They may tell the American coach loads of buyers- " You are at the back of the queue"



All good fun and possibility in this imaginary financial World






.

[juju44] 10/1/2017 16:20

Waffle , waffle , year in and year out . The clowns running this will never deliver anything but their own fat salaries . Someone someday will buy it around todays price . Yawnnnnnnn

[richgit] 10/1/2017 15:37

Whilst 99.5% of Investors still generally ignore Gold related stocks you have to keep your eye on CGH and have some funds ready to buy more stock the day the defining Catalyst arrives.



It remains one of the biggest resources around and just frustratingly awaits that catalyst to bring attention to that fact.

Yet-Our biggest investor is fully dug in and knows the potential rewards,in a World
that will see declining Gold production when Gold itself faces a future of being
revalued significantly and being fought over by both East & West Central Banks-so
very little at some point for the Millions of Joe Bloggs that will wish they owned some.


" What next for the Tulkubash Project?

We took the opportunity of the suspension of our previous production strategy to invest funds in infrastructure and further exploration to increase the size of the Tulkubash resource. Based on this work we announced a revised JORC resource of just over 7 million ounces in June 2016 (an increase of 15%). The Tulkubash Zone resource itself was increased by 26% to 912,000 ounces and therefore comprises 13% of the total resource.

Our plan now envisages a processing capacity of 2.8 million tonnes of ore per year which (based on the recovery achieved in previous metallurgical testing) would result in production of 60-70,000 ounces of gold per year with a mine life slightly in excess of five years. This triples the production capacity from the Tulkubash Project as originally estimated in 2011 from a three year life of mine.

We believe that the Tulkubash resource can be increased by further drilling as we have identified that it continues along strike and at depth. Our internal studies, prepared on the basis of the NERIN Feasibility Study work, show that the returns generated within five years from the Tulkubash Project will comfortably exceed the estimated capital investment required for its development.

A Feasibility Study for the Tulkubash Project

In order to optimise the results of the work undertaken by NERIN on the Tulkubash Project within their Feasibility Study and to ensure the level of reliance on those results is at a "bankable" level, we have commissioned GBM and Wardell Armstrong International ("WAI") to prepare a Bankable Feasibility Study for the standalone stage one Tulkubash Project.

This Bankable Feasibility Study will provide the basis for us to raise funds for construction and production, establish the most efficient layout for the Tulkubash Project, provide confirmation on the metallurgy and recoveries from the free milling ore and assist with the tendering for equipment.

One of the key determinants of the economics of the Tulkubash Project is the recovery of gold achieved from the heap leach process. We are therefore planning to verify previous test results by reperforming the work on new ore samples. Consequently drilling is now underway on site to extract large samples for metallurgical testing. We are also undertaking further geotechnical drilling to confirm the suitability of the proposed layout of the Project.

We are well placed to capitalise on our work over the last three years."







Sitting-watching,holding and awaiting the day to gladly pay 15p if that becomes the stepping stone to numbercrunch a potential value of 7 Million ounces ,when the some Majors themselves will be facing declining Resources and staring at a 10 year
vacuum.

[juju44] 09/1/2017 11:06

Yep , they dont come much more useless than this idiot

[onlyahobo] 09/1/2017 11:03

Getting rid of this CEO likely to be painful - expect a fight to the last. Surely that fight must now be happening.

Until then.

[casual47] 05/1/2017 11:04

A cash bid of 30% premium to share price that got rejected, a major shareholder who has a licence to go on a share buying spree, the assets.......and yet........this share is still the flee-ridden dog it once was, with the last trade going through below 9 pence.

Are we still filling our boots?

Can we have as NY resolution to finally get rid of our utterly useless windbag of a CEO? He couldn't get anything done when the gold price was $1900, why would he be able to get anything done now, after all those years of just being happy to take a very expensive salary?

[casual47] 15/12/2016 11:10

Holding up well given the slump in gold miners today following fed rate hike news.

But then this share was never linked to gold price in an acute way......

[casual47] 10/12/2016 13:48

After the last two barnstorming posts in support of gold the share price has actually dipped below 9 pence.

Hope nobody got in big after the "sure bet" run to 13 pence.

That said, should funds become available soon (unfortunately not likely) I may add if the share price stays at these levels.

[gaaston] 30/11/2016 21:09

TRUMP LIKES GOLD ~

The return of real money has made a triumphant re-entry into the US economy with the recent acceptance by The Trump Organization of gold bullion as payment for a commercial lease property. APMEX, one of the largest dealers of precious metals in the US, paid Donald Trump‘s company three, one kilo bars (roughly 96.45 troy ounces) of .9999 pure Gold as a security deposit for its newly-leased space on the 50th floor of 40 Wall Street, also known as the Trump Building.

Representing the first time in history that Mr. Trump’s organization has ever accepted gold bullion as a money payment, the transaction is truly groundbreaking. Not only does the property APMEX is leasing take up the entire 50th floor in Mr. Trump’s “crown jewel” of lower Manhattan, but the sheer scope of its lease agreement proves once again that using Gold as money is a solid and viable way to do business.

[richgit] 25/11/2016 08:45

The chart represents overall sentiment towards Gold,which is back near its lows.

Yet- Russia confirms the East will keep accumulating Physical Gold whilst others merely quit their paper Gold.

Nobody that has accumulated their Insurance in paid for Physical Gold will sell it.

Others can sell paper Gold in the $Trillions but then what is any paper worth,most especially Paper Gold that may never deliver Physical to so many !! ?



Below - is why,yet of course confirmation of the truth was not around in those days
as they faced "The abyss" and Gordon the Moron was looking down the barrel of a 12bore as London`s Gold was owned by multiple owners (and still is )

No need to tell what happened after in the rise from $250 to $1900 !!!!




‘We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses,
which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it.

‘It was very difficult to get the gold price under control, but we have now succeeded.
The U.S. Fed was very active in getting the gold price down. So was the U.K. ’
Sir Eddie George , Bank of England Governor, September, 1999.

[casual47] 24/11/2016 13:18

Yes....even a "sure thing" is never a sure thing....best to not bet the house on it...

[juju44] 24/11/2016 13:09

what a pathetic chart

[richgit] 22/11/2016 08:50

Paper Gold is now assuming 100% that the Fed will raise rates in December,so hardly any engineered shock opportunity if they do.

We assume the Fed will,yet if they do not when expectation is 100% !!?


Whilst the Markets( The robots)promise Wall Street bonuses everything remains
as it was -
with ever rising sub prime car loans,credit card delinquency rising,and so far
Mortgage rates rising,whilst US Builders build for and pray for the
Chinese buyers ? that will never live in those properties,whilst the property flippers get very nervous and in many instances back out and accept their deposit losses.

A reminder of the property crash not all that long ago when the only buyers were
would be Landlord millionaires.

Simple truth is-the US near 80% consumer economy is ever reliant on a Bankrupt consumer and the Robots are pricing in too much, far too early,of what Mr Trump may achieve.

[casual47] 18/11/2016 13:08

*looks at SP

Yikes!

[casual47] 17/11/2016 11:53

Good luck with your gold miner shares if you are holding out to 2025.

You keep being bullish on gold, saying e.g. gold will reach the dizzy heights of $5000 but are meanwhile seemingly blind/unconcerned/unbothered about what's actually happening to the shares RIGHT NOW where you are posting this guff.

Being long in gold is fine if you hold actual gold.

If you bet long on gold but do it via gold miners then you MUST take account of, you know, the reality of miners: apart from the very few "creme de la creme" (on which you don't seem to be posting) all of the miners are at a 90+% loss of value compared to last few years, have been hugely diluted and will probably go bust/get taken over at a pittance many years before your $5000/oz ever arrives.

But there's no point in saying this as you have been posting your spam undeterred for ages now....

[richgit] 17/11/2016 11:30

Gold’s dwindling pipeline of new mines is poised to usher in a decade-long output slump, spurring prices and delivering a new impetus for deal making and industry consolidation, according to Goldcorp Inc., the third-largest gold producer.

Mine supply may fall about a third in the 10 years to 2025, according to Bloomberg calculations based on forecasts from BMO Capital Markets and Randgold Resources Ltd. The number of newly discovered primary gold deposits fell to three in 2014, from a peak of 37 in 1987, according to Melbourne-based industry adviser MinEx Consulting Pty.

The number of deals in the gold sector this year is the highest since 2011, as the metal’s price surge has spurred producers to trade assets to add production or to improve the quality of their mine portfolios. Goldcorp is reviewing opportunities for acquisitions or partnerships including in new discoveries and existing assets, both in the Americas and further afield, Telfer said.

“What we’ll possibly see is consolidation in the industry as a result, whether that’s a large company taking over smaller ones, a number of smaller ones getting together, or even two or three large companies being merged,” Ian Telfer, chairman of Vancouver-based Goldcorp, said in an interview. “No CEO wants to run a shrinking company.”

[oli12] 16/11/2016 07:23

Indeed. They could offer less as despite being listed on AIM it's an overseas company and NOT bound by the takeover code...

[casual47] 15/11/2016 16:18

If so very risky for any new pi folk wanting to get in. If Labro wants to submit takeover bid they could get away with only offering the maximum they paid....

[oli12] 15/11/2016 16:11

Labro probably purchased 1m to add to their ever growing holding here. They have not purchased on the spike and have waited for this to fall back as short term holders exit because they lack patience.

[casual47] 15/11/2016 14:32

Did someone say this was a no-brainer all the way to 15p?

[juju44] 14/11/2016 19:49

Back to being shoite anyway which it always has been