Kolar Share Discussion Threads

[fillipe] 30/10/2013 14:19

KGLD - Oct 28th RNS, for ref



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[fillipe] 30/10/2013 13:50

Some goodly strong buying at Kolar today.

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[fillipe] 30/10/2013 10:26

Folks are starting to see the gold future here.

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[bubble pricker] 30/10/2013 01:24

NEWSFLASH. Kolar Gold shares surge from 3.5p to 5.5p after having previously fallen from 40p. Now punters suckered in at the AIM listing are only down 86.25%. Meanwhile, directors of Kolar Gold continue to trouser generous emoluments despite total lack of progress for 2 years.

[lucky_punter] 29/10/2013 11:20

UPDATE - Kolar Gold shares surge as Jonnagiri mining lease granted
By Giles Gwinnett

---ADDS SHARE MOVEMENT AND BROKER COMMENT---
Kolar Gold (LON:KGLD) was one of London's star risers on Monday after its plans to build one of India's first private gold mines took a step further.

[5310carraroe] 28/10/2013 22:44

Another great day. DOR last week and now KGLD.

[fillipe] 28/10/2013 20:56

Well up there on the leaderboard today and hardly a post.....looks as though folks have missed this one and the potential far beyond today's RNS.

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[tradermel] 28/10/2013 07:50

RNS



Kolar Gold Limited (AIM: KGLD, referred to as 'KGL', 'Kolar Gold' or the 'Company') is pleased to announce that the Jonnagiri Mining Lease has been granted by the Andhra Pradesh Government to the Company's partner Geomysore Services India Private Limited ("GMSI"). As announced on 19 August 2013, the Company holds a 30% equity interest in GMSI and therefore all its gold projects, including the Jonnagiri Gold Project in India.

GMSI is a leading exploration company in India with a well-established office in Bangalore and a strong gold exploration team of experienced geologists. Over the last 15 years GMSI has secured the project rights and preferential rights under application to 49 gold projects, including Reconnaissance Permits, 32 Prospecting Licences and six Mining Leases covering 11,066km2 across India with 1.36Moz JORC resources defined.

[bubble pricker] 14/8/2013 09:42

How is this good news? It just goes to show that India is so corrupt, the Supreme Court has to order the government to open a tender. KGLD is just eligible to apply for this tender that's it. This does not distract from the fact that KGLD has achieved NOTHING since listing at 40p. A classic scam to fleece money from investors into directors' and their associates' pockets.

[peawacks] 17/7/2013 12:40

Kolar Gold Ltd (AIM: KGLD) today provides an update to the announcement made on Thursday 11 July 2013 relating to media reports that the Supreme Court of India had instructed the Government of India to proceed with the tender sale and mine revival of the historic Bharat Gold Mines Limited ('BGML') gold mines at Kolar Gold Fields.

KGL is pleased to report that the written order (the "Order") from the Supreme Court of India has been published and the Order recommends that the Government of India should initiate a global tender for the revival of the BMGL gold mines. Information outlined in the Order was in line with the board's expectations. KGL, in conjunction with local partners and the BGML ex-employees, will now take steps towards preparing a counter offer bid that will meet the requirements of the tender document, which is currently being finalised by the Indian Mines Ministry.

[dibs61] 17/7/2013 07:33

Great news this morning. Court Order published and govt instructed to issue tender for which KGLD will be in a leading position!

[christianf12] 16/7/2013 13:46

bp YOU ARE QUIET : ))

[christianf12] 15/7/2013 14:01

CDC and TPJ & OVG three other stocks where cash is in far excess of their market caps.

None of the 3 have any debt.

[lovegod] 11/7/2013 17:08

fogl. new world oil and lots more .....

[lovegod] 11/7/2013 17:07

bulford is a total nob he should come with a health warning like cigarettes

[christianf12] 11/7/2013 08:31

Not yet no, KGLD has 6.24p per share cash.

Have a look at CDC/TPJ

[giant steps] 11/7/2013 08:25

O/T

Any predictions for another stellar like performance ?

Does #3 get removed from the SHARES TRADING AT A DISCOUNT TO NET CASH thread ?

[christianf12] 11/7/2013 08:18

lol, you tried talking them down at 3.5p.

Up 50% since. Well done.

I told you to sell OXS at 2.5p and buy here at 3.5p.

You could have saved 30% on OXS and made 50% here.

That could have equalled double your OXS holdings by now : ))

Nice thought eh?

[giant steps] 11/7/2013 08:10

I seem to recall we were discussing cash burn, and it was determined
to be low. Just because folk have differing views should not lead to
the claim of deramping.

[christianf12] 11/7/2013 08:07

GS, well done deramping these at 3.5p : ))

[giant steps] 11/7/2013 08:06

KGLD reminder prices bid 4.75p offer 5.25p, 1 v 1

[giant steps] 11/7/2013 08:05

Reminder from news today 11/7/13

"
The successful acquisition of the BGML assets, as well as being subject to due diligence, valuation and environmental consideration would require a separate fundraising which is likely to require shareholder consent from KGL shareholders.
"

[howdlep] 11/7/2013 08:02

very good news. This could move quickly

[christianf12] 11/7/2013 07:49

Yes he is.