Central African Gold Share Discussion Threads

[staddles] 26/4/2010 15:32

Good to see but any intellegence on what has caused the share price to go up would be greatly received.

[5dally] 26/4/2010 13:46

SP creaping up recently and plenty of buying today I see :-)

[raginghippo] 02/3/2010 16:41

anyone!?!!?

[kajshares] 21/2/2010 17:19

News on funding for refurbishment may be out soon. fingers xed

[limits wizzkid] 25/1/2010 16:41

Daytraders.

He's obviously not the full shilling, he has posted the same spam on every
bulletin board there is and now he says he has dumped it.

Who would trust a poster like this ?

Nobody.

[buystock] 25/1/2010 16:35

daytraders ill leave you now with your new friend with the multiple usernames but be sure he wont have it long as he never keeps 1 long ive been here about 6-7 weeks and he has had 3 already if you are not robson i apologies.cheerio .ill be back as ARNIE said £1100 in 2 trading days aint bad.gl

[daytraders] 25/1/2010 16:31

buystock, for your information i have used only Daytraders on advfn for 10 years or more, its easy to check, i dont mind news posted, but your posting so much of the same, it just looks bad.

[limits wizzkid] 25/1/2010 16:25

Is he on drugs do you think ?

So spamming every financial site there is ramping this !

[buystock] 25/1/2010 16:24

LIMITS WIZZ KID The Usual Suspects (PUMP) Add Favourite

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21simthy - 21 Oct'09 - 09:53


Serial pump and dumpers.....time to act ! (PUMP) Add Favourite

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8trade - 13 Jul'09 - 21:41

[buystock] 25/1/2010 16:21

FOR REAL INVESTORS

[buystock] 25/1/2010 16:20

oh dear oh dear yor famous cry quotes4u/8trader/8trade/21simth/23simthy you have been told time and time again by advfn i am not the said poster.you will have another username soon.i only ever had the current 1.no more posting here for me .oh ive had a thought ill start a new thread and you wont get on it limits wizzkid ha ha they burst your bubble a premium account for 8 days.never again 8trader you are deffo from another universe.

[buystock] 25/1/2010 16:09

oh dear hit a nerve robson/daytraders stop the boys stuff.

[robson1974] 25/1/2010 16:05

i have buystock filtered but imagine he is either lying or ramping or talking balls

[buystock] 25/1/2010 16:01

bought @0.89 in fact and now well in profit daytraders/robso you are 1 in the same either that or you are siemees twins joined at birth.the links are all there falgold profits and can,s disposal of course my belief is cans disposal is american dollars and falgold is zimbabwe dollars anyway im not here 2 argue the point .links are there.gl

[robson1974] 25/1/2010 15:21

his reputation precedes him

this looks a very EXPENSIVE and RISKY stock

£10m market cap for hardly any production

[daytraders] 25/1/2010 14:26

buystock, im not sure if your trying to mislead investors, but the post that relates to 7 years ago, and not even relavent really, where it says Fal was making 739million dollar profits, you do know that relates to just a few million usa dollars right ? anyway nice to see a rise today, gl all

[buystock] 25/1/2010 10:29

will become very popular now cash and future is secure with a mine that was making 739million dollar profits The company had made a dramatic turnaround from a net loss of $5.8 million during the first half of last year to a net profit of $502 million. It produced 63.42 kgs of gold a month in the six months.

Dalny Mine produced 32.26 kgs a month with 18.73 kgs coming from the dump treatment and 13.52 kgs from underground mining. This was a slight decline from 25.9 kgs a month from dump treatment and 13.88 kgs from underground mining.

Golden Quarry produced 15.69 kgs a month an increase from 13.23 kgs but production at Camperdown dropped from 19.05 kgs a month to 15.47 kgs.

Venice Mine was non productive but was kept on a care and maintenance basis. Revenue for the mine shot up from $339.7 million to $2 billion more than the $1.4 billion the company realised for the year ending September. Its net profit for the year ending September was $27.4 million.

[buystock] 25/1/2010 10:10

Zimbabwe
Printer friendly
February 2007 saw the purchase of Falgold (84.7%) and Olympus (100%) gold mining companies
Initial attributable reserve estimate of 0.58 million ounces within 2.17 million ounces of gold in resources
Sustain production levels around 20,000 ounces in the short-term
Good infrastructure, a skilled workforce and easy logistical access to South Africa
Central African Gold acquired an 84.7% interest in Falcon Gold Zimbabwe Limited (Falgold) and the entire issued share capital of Olympus Gold Mines Limited (Olympus), two Zimbabwean-based gold mining companies on 1 March 2007.

Falgold and Olympus (both companies will be merged as Falgold) control the rights to extensive claim areas located throughout Zimbabwe, with exploration properties and five mining operations centered on the Kadoma, Shurugwe and Bulawayo regions. In the financial year to 31 September 2006, the companies generated turnover of ZIM$1.83 billion (approximately £3.75 million) and an attributable net profit of ZIM$199.7 million (approximately £409,045) having produced 21,031 ounces of gold. (Due to hyperinflation in Zimbabwe, the conversion rates from Zimbabwe Dollars to Pounds Sterling are likely to vary materially).

While Falgold and Olympus have been valued on properties and operations that have mineral assets with defined mineral resources and ore reserves, the two companies have significant additional ground holdings, covering approximately 12,300 hectares, not included in the valuation but considered to be geologically prospective. A Competent Person's Report commissioned by CAG, indicates that with the requisite work, these additional properties could add material value to both Falgold and Olympus.

Falgold, listed on the Zimbabwe Stock Exchange (ZSE), and Olympus, which is an unlisted private company, share the same management and majority shareholders. It is CAG's intention to incorporate the Olympus assets into Falgold, which will remain listed. CAG believes the listing gives the people of Zimbabwe access to an exciting company and sector of their economy. CAG continues to actively engage with the Reserve Bank of Zimbabwe, Ministry of Mines and Zimbabwe Stock Exchange to ensure that Falgold is able to function effectively and efficiently.

History