Chaarat Gold Share Discussion Threads

[book5] 23/4/2024 11:32

i could sell a decent amount of shares if i wanted, today there is more demand

[book5] 23/4/2024 08:49

David Cameron in Kyrgyzstan

[book5] 22/4/2024 22:14

We need 10 times that number of buying orders per day for a week

[flightman123] 22/4/2024 18:10

The 2.89s were buys,the 600k delayed.
So some big buy trades

[tractorhead] 22/4/2024 16:14

The more pertinent question is which plonker is selling at these prices? Why why why?

[tractorhead] 22/4/2024 16:09

The Chairman has bought a shed load of shares over the years at much higher prices than now. He will surely not want to sell at a loss?

I think they are close to doing a deal for financing of some sort or other.

Hold firm.

[book5] 22/4/2024 15:06

I am annoyed I did not sell when the rns about reserves was issued. I should have sold my shares then and repurchased them now.

IMHO, there is a high probability that it will be sold at a higher price than the current one

I based my judgement on the flow of news coming from the country

[tractorhead] 22/4/2024 14:46

Somthing afoot? Volume significantly up. Bit annoying if people have inside info... but that aside any good news would be extremely welcome!!

[book5] 22/4/2024 14:05

Hopefully those buying now make a decent profit

[book5] 18/4/2024 04:28

The government has the means to buy us

[book5] 16/4/2024 14:05

Xiwang International was not mentioned in the last RNS, or in the last annual report,

ht t ps://www.chaarat.com/wp-content/uploads/2024/04/chaarat-annual-report-2023.pdf

(re mo ve the gaps)

[tractorhead] 16/4/2024 13:24

We are suspended in limbo!

No shares being traded. Price of course drifting down.

Chinese seem to be stringing us along. They do have a reputation of being decidely tricky. Hopefully management have alternative options to bargain with.

Gotta get something across the line soon.

Meanwhile POG very lively.

[book5] 15/4/2024 09:21

By July, the bond deadline (?), we should know our fate
Still, I am hopeful

[2pablo] 14/4/2024 15:59

Surely with a few well-placed stuffed brown paper bags we could get our funding and progress

[book5] 12/4/2024 13:04

You both were right
The share price is below 4p and 3p on the cards
At this gold price, our former mine in Armenia may have turned profitable
Only a miracle will allow us to sell at 6p
CGH will need to sell new shares soon to keep the lights on; if they are allowed to keep them on…

[book5] 09/4/2024 08:01

Yes, they are

[2pablo] 09/4/2024 07:09

From results, Martin’s last words are encouraging:

“We are a mining company with a global resource inventory of 6.4Moz of gold however with a market capitalisation that, in the Board's view, does not yet reflect this and which serves to highlight the significant upside potential for investors once we secure funding to enable us to eventually move into our first phase of production at Tulkubash."

[tractorhead] 08/4/2024 09:05

Gold hits all time high. Very VERY frustrating that we are not powering ahead with building out the mine. Would be great to be selling ounces at these prices!

However, I am here because I always felt gold would eventually start going up... based on the crazy amount of FIAT currency prtining over last years. Current movement of POG seems to endorse this story. When this mine starts it will be huge and very profitable.

All we need is to get the financing. Sounds like the Chinese are playing hardball and delaying delaying delaying. Hopefully management will have some other options on the boil too which they can use to bargain with Chinese or dump Chinese all together.

Patience needed. They will get there. This will recover quickly. There is the July bond deadline so hopefully things will get done ASAP. Or the deadline will be pushed out again!!

Very testing times.

[2pablo] 07/4/2024 21:55

Certainly is a dodgy place and that has definitely held up our investment. The witch hunts have been going on for years and each new regime picks on the last one justifying themselves.

Where will it end? It probably won't in Krygystan but hopefully our hands are sufficiently clean to merit investment

[book5] 07/4/2024 13:19

2Pablo
Thanks for the email address.
Kyrgyzstan suffers from corruption and extorsion.
The fact that the gang leader where CGH operates is in jail is highly significant and holds well for us. It is probably the case that some miners have demanded improved security as a condition to bring new investments.
CGH has not acknowledged violent coercion or corruption, yet It is probably the main reason CGH has not been able to raise finance.
Newspapers have recently highlighted many cases of detention of officials involved in corruption, including a high-ranking officer from the Ministry of Natural Resources.

[2pablo] 07/4/2024 09:06

With regards contacting the company, you could try [e-mail]

I’ve had emails from him last year so he may still be contactable. He’s the one that often did the intros before Presentations