Chaarat Gold Share Discussion Threads

[juju44] 06/2/2017 09:55

Why do mugs keep giving Labro their shares for peanuts

[juju44] 02/2/2017 17:01

All that buying and the price drops

[casual47] 01/2/2017 13:34

You mean before the second BFS? How much more eye opening than the first one can it be? Did you notice a stampede of investors when the first BFS was released? No? No, me neither....

You have been clamouring to add all the way down from 20+ pence.

Good luck with your investment strategy.

Maybe try investing into gold companies that make money sometime. E.g. you could get Centamin for 30p not so long ago. Now £1.60 and paying a 10p dividend. Some times, with gold, it's best to leave it to the big boys who, you know, know how to mine for gold.

[richgit] 01/2/2017 13:27

A few months to go before an eye opening BFS.

Everything else in place bar the Financing.


I will certainly be clamouring to add my final pile on that news detail.

Back to hibernation for now to watch the West further destruct its- promise to pay-
Confetti.

.

[casual47] 01/2/2017 13:02

Nothing wrong with banking profits and top slicing.

Chaarat is no longer a long-term share as far as I am concerned. The fat went off the soup here some time ago.

I'll be joining the sellers at 15p.

[richgit] 01/2/2017 12:31

Chairman now pays 12p + 12,18p

and some sell at below 12p !!!?

[juju44] 01/2/2017 11:52

double top ? Sure is some heavy manipulation going on here

[casual47] 31/1/2017 10:45

Richgit, I look forward to the day when reading your posts doesn't make my eyes glaze over.

[richgit] 31/1/2017 10:05

Casual.

The World wasn`t so nice when some of my Gold multi-baggers took place,but then
the nasty World will create a Gold frenzy in time to come which will make past Multi-Baggers look anaemic by Comparison to what could happen the next time.

Only hindsight will tell us what 2017 means for Gold,yet undoubtedly the lid is expected to blow off by 2019 causing the Major Gold producers to go into panic mode
about their own declining resources.

Assuming the BFS is finished this year,and one we could virtually pen word for word now,CGH could be catching the wind of a first stage stampede of appetite for those with such Gold potentials.

If things go as planned this will be the easiest wait until 2019 and beyond,as the numbercrunching of 7 Million ounces of Gold would just keep compounding.


Yes-Ifs, buts, maybes - compared to what is so far- which is 7 Million ounces
and a very doable totally simplistic intial mining operation of 60-70,000 ounces.

That would be beyond an awesome "cash cow" to start with.

All our Gold picks just have to keep the open sign lit until sentiment and a rising Gold price match up... with........the Truth of the Gold situation in this fake News World and its Fantasy Economics.


Fingers crossed.

[casual47] 30/1/2017 20:12

Anyway, Labro paid 11.60 so that should further firm up bottom support.

I am still skeptical of the "multi-bag" upside and Labro as our saviour. The world isn't that nice.

But, I am holding. I hope we get to 15p so I can contemplate whether to topslice or sell, haven't decided yet.

[juju44] 30/1/2017 20:00

Nope , I am still negative , just hoping for a break. Dekel is worse than useless but he has a holding and will want something for it

[casual47] 30/1/2017 19:58

Juju -- you and me have both been the most negative posters for years now. (excepting Hayfield, but he's just an idiot)

Have you had a Damascene conversion?

[casual47] 30/1/2017 19:56

Correct.

Given the derisory placing at 5 pence that the board arranged for Labro, like a thief in the night, we can be pretty sure they won't put up a big struggle if they were given the right....incentive.

Also, they can easily force Dekel to leave, seeing as he did nothing for this company.

The big question: Would CGH remaining listed be good for Labro or not needed?

It would be good if they are looking to pursue the full "let's develop the mine" option and need to tap the market for investment.

It would be "not needed" if they think they can make more money taking it private.

What's more likely?

[juju44] 30/1/2017 19:54

Not a lot of shareholders in this. I would guess that all the negativity on here suits Labro very nicely in assisting them to remove shares from the mugs at rock bottom price

[juju44] 30/1/2017 19:47

But the board cannot de list without a paper and a vote

[casual47] 30/1/2017 19:08

Highly Geared: because that is not how it works. In the example I gave earlier, Namakwe Diamonds, all private investors were bought out of their shareholding some time after delisting - they had no say in the matter as they were vastly outvoted. If you think PIs have no say in what goes on in listed companies, just see the say Pi's have as minority shareholders in an unlisted company.

[highly geared] 30/1/2017 18:45

If the share capital is so attractive that Labro may want to take it private, why not hang onto the shares long term and take the divi's?
I still see 15p short term and the earliest point to consider selling down.
The other point here; the fact that Labro are having to buy 50k dribs and drabs in the open market confirms no insti sellers willing to offload in size, therefore any EGM vote to delist ain't going anywhere at this share price.
Let them keep pushing up the share price. If big blocks start coming available that will be the signal to consider exiting...

[rhuvaal2] 30/1/2017 15:40

I'm in for a mega profit down the road

edit: as said recently, I did a times 30 profit by being patiently asleep during a de-list

[juju44] 30/1/2017 15:40

De listing would need board approval

[casual47] 30/1/2017 15:34

What difference does it make to CNMIM whether CGH is listed or not?

[novicetrade68] 30/1/2017 15:30

Why would CNMIM 'probably' not mind ? Also for large mug punters it would be very nice to have liquidity.

It's a bit odd that you're pushing this imminent delisting narrative at a time we get daily Director buying though, you sure you're not someone in disguise ;-)

Just sit back and enjoy the rise from here, 15p should be doable.

[casual47] 30/1/2017 15:21

Juju, e.g. China Nonferrous bought nearly a decade ago at 25p.

They will probably not mind this being taken private - it doesn't change anything for them. Delisting is a problem for PIs, not institutions. Also, I doubt they are still valuing these shares at their original value, they must have depreciated quite a bit.

The only question you need to ask here is: "is there any point to being listed?"

To answer that you need to consider: stock exchange listings are for companies principally to find investors willing to inject funds. Where are these investors who are willing to do that for Chaarat? Does Labro have enough money to do it themselves? At least to start off with?

The fact that Chaarat has failed to get that investment (except for Labro) for the last 6 years even during the $1900/Oz years makes me think that it is just not going to happen
....

[juju44] 30/1/2017 15:12

Thanks Casual . Labro would need support to take it private. Some of these other punters will have bought at much higher prices and would be unlikely to sell out anywhere near todays price