Kolar Share Discussion Threads

[scyther] 08/3/2016 08:29

The old management left because nothing is happening in India This is just another false dawn Back down soon enough

[dibs61] 07/3/2016 20:48

There have been false dawns before but this does look very promising:



Could we be seeing at last the possibility of progress with Kolar and BGML?

The market hasn't woken up to this development yet although there was a smidgeon of interest into the late afternoon. Tomorrow will be interesting now it is getting out into the public domain.

[dibs61] 07/3/2016 20:45

lazygun - no not yet but in the meantime…. read on…..

[lazygun] 07/3/2016 15:00

Has the gmsi cpr report come out yet?

[mypension] 18/2/2016 19:10

Please correct me if I am wrong, but the last RNS was pretty miserable. A lost of £1.5 million, admission that progress in India is virtually impossible, no hope of raising funds unless they sell something resignation of CEO and Non exec and possibility of delisting from AIM and even winding up.
Like most on this board I live in hope .. but what hope is there?

[dibs61] 06/2/2016 18:04

Yes indeed Tenpercent and you're likely to make a lot more than that if you invest at this price. Currently a tiny valuation given assets. An easy bagger in prospect and the gold price surge will help in due course.

[tenpercent] 28/1/2016 10:59

assets worth about 5 times market cap. The value will out sooner or later

[onedayrodders] 20/10/2015 12:42

If you are looking to diversify amongst a few juniors / mid caps .. take a look at the turnaround story developing over on Shanta Gold (SHG)

[dibs61] 20/10/2015 12:38

Very encouraging project update on Geomysore website but not sure when it is dated:

hxxp://geomysore.australianindianresources.com/index.php/jonnagiri-gold-project/

Aiming for up to 1m ozs resource from just one small section of the licence area!

[cascudi] 14/9/2015 22:11

Interesting article

[dibs61] 28/1/2015 22:46

At last it seems things are beginning to move again on BGML and developments afoot.

hxxp://www.business-standard.com/article/economy-policy/mines-minister-calls-for-fresh-exploration-at-kolar-gold-fields-115012801333_1.html

Thanks to Korg on LSE for uncovering this article. Probably the information became available to affect market today but I would be expecting this to attract renewed attention tomorrow.

[mega_trader] 28/1/2015 17:06

added a few here. Bid or no bid this is worth al of that 6p possibly more on an as good as deal.

[dibs61] 27/1/2015 12:18

I would suggest a VERY good time to get in here with the share price at all time lows and potentially transformational news to come.

[browngirl] 26/1/2015 08:05

bid target 6 p

[dibs61] 27/11/2014 07:42

GMSI development announced:



Looks like things are going to get moving again at Jonnagiri which the market got quite excited about late last year. Kolar continue to secure their investment in GMSI and, don't forget, Deccan deal is still very much on since they are waiting for GMSI to prove up their resource at Jonnagiri.

[mega_trader] 04/11/2014 11:59

Yes that's one of the possible projects.

This is the other. Follow this lead through for a bit more research. www.thehindubusinessline.com/news/states/float-global-tender-to-reestablish-bgml-kh-muniyappa/article6378652.ece

The fact is the indian government need to address their trade deficit, and Indians love their gold, currently imported/smuggled, so domestic production is the way forward.

Whatever something about to happen here VERY shortly!

[novicetrade68] 04/11/2014 11:08

Think this might be it...

[dibs61] 03/11/2014 21:55

mega_trader - have you got a link for the project news?

[mega_trader] 03/11/2014 16:13

Had my eyes on this one for months, indian government about to grant permission for a massive gold project from what I read. India needs domestic gold production to start asap.

[dibs61] 03/11/2014 14:06

Someone just snapped up 1.6% of the company in one trade. All dummy buys suddenly at full ask.

[m.t.glass] 31/7/2014 13:44

I've included KGLD on a thread showing a dozen UK-listed stocks with exposure to India.

[novicetrade68] 16/7/2014 14:16

I see they released news yesterday, all reads a bit fluffy tbh, seems its not easy getting things going in India.

[bubble pricker] 27/3/2014 12:00

Simple, Damille are frittering away their clients' money. They don't care as they will collect their management fees anyway.

[praipus] 14/3/2014 16:20

DIL2 loading up with some more KGLD now holding 21.04% what can they see that I cant?


I also track the rest of Damille's holding on the WAM thread:-)

[hedgehog 100] 12/2/2014 18:28

8 December 2013 Last updated at 00:26

Why do we value gold?

By Justin Rowlatt Presenter, Business Daily, BBC World Service