Chaarat Gold Share Discussion Threads

[cantrememberthis2] 03/2/2016 08:03

Good point bluebell, seems NERIN aka will sweep this up so it was in their interest to be CONSERVATIVE and put off the competition with the outlay!

[bluebell1] 03/2/2016 07:42

Good, progress at last. It doesnt matter what cost NERIN (aka China Non-Ferrous Metal Mining) put on the mine development they are hardly going to say anything else when they are the suitors to buy the asset from Charaat. I doubt the market would believe that figure , Dekel could not say as much because again NERIN are the main suitor for the asset.

Key point to be taken here is
"Sale of the asset - a mining group has already conducted thorough due diligence. We understand that the group is now in the process of raising funds."

This is going to be sold now within the next few months, I`m guessing around $60 million net to Charaat with maybe a 5% free carry thrown in.

[cantrememberthis2] 03/2/2016 07:34

I think the $684m cost is a big surprise, I assumed there was 2 stage costing proposal. If they have quotes considerably lower they should have provided indicative figures. Id hope they could get the costs down by 30% at the least or sub $400m making the return far more attractive.

Will add on the retrace today me thinks!

[dibs61] 03/2/2016 07:27

But still no Chinese sign off...

[tialouise] 03/2/2016 07:08

It's out x

[richgit] 02/2/2016 09:24

I wouldn`t even attempt to trade Gold stocks,as I just accumulate(up or down)
when I can.

We assume the Fraudsters would love to take another big bite out of Paper Gold,yet they usually need the smoke and mirrors of some excuse,and arranged flash crashes when all are asleep.

There is of course always the danger that those that know the truth swamp the
Market with buys of Physical on such a move,as We all know the story of
David & The Wolf.

That assumes that real tonnages would even be available around that set price
for the "big" buyers.

This is all going to end up as a hindsight of the foresight at some point,and
totally beyond the Chartists watching the false charts that the Central Planners
rely on setting.

Hence those trying to short term trade are more in the Dark than they will ever -just guess,as the Chartists simply refuse to understand their useless charts
in such manipulated games - are currently- useless. !!

When the Game is up for the Comex & LBMA frauds-then the Chartists can crawl back out.

[onedayrodders] 01/2/2016 13:19

You'll like this richgit

[cantrememberthis2] 31/1/2016 18:32

Juju this is being Algotraded from whaf I can see. It looks as though it has been shorted from 15p. Real buying has moved this up...my 300K shares were real trades. Im not worried where this is going because two holder both LLP I suspect have driventhis down throught shorting via AT Trades. Agreed with ODR...but with recent dilutions 40p takeout target for me.

[onedayrodders] 31/1/2016 12:36

Target price remains 1 pound .... any TO would be at a minimum of 50p .. lets hope we get time to advance.

IMHO

[juju44] 31/1/2016 11:47

I hold here too but am totally frustrated with the endless delays and tumbling share price. All we hear are excuses for no action and meanwhile the cash withers away. The way it is going the Chinos will buy it out for 3p .
Come on Golan make things happen, what are you there for

[onedayrodders] 30/1/2016 15:01

thanks for that.

As I have been saying there is no bad news just taking much longer than anticipated.

[cantrememberthis2] 29/1/2016 21:17

Email back from Finance Director this afternoon, stating Chaarat still waiting for Chinese regulatory approvals, once the DFS is done their website will be updated, as my question related to why the website has been left with missing links, presentations etc.

[richgit] 29/1/2016 11:33

Unallocated Gold holders have aready been subject to a form of Bailin

In a very rough novice conclusion nutshell...

Certain Commercial Banks stole their Clients (unallocated) Gold and swapped the Gold for desperate $Dollars in a gamble they can fob off their Customers with a cash replacement,as quite obviously they will never come up with their Clients Gold.

Then some Central Banks facing their bust moment,do a deal to lease(sell)
their Gold for $Dollars and can pretend the leased(sold) Gold still exists in their Vaults.

Again- they can never get it back.

Having extracted what could be all the Gold in some Central Vaults + all the
unallocated Gold owed by certain Commercial Banks- has ALL THE GOLD GONE !!

What is left could be a nightmare of Gone Gold,massive amounts of owed Gold and Central Banks fraudulently accounting for - Gone Gold.


No wonder the Comex heads into a beyond 500-1 leverage of No Gold Paper.

What I haven`t a clue about is whether the BIS banged out those Gold swaps
and dumped that Gold into the Market in 2013 and then more again later.


Of course Central Banks and the Commercial Bank crooks can only sell that Gold
Physical Gold once as they all try to replace the black holes with Paper until
the music stops and someone or several ask "Where is the PHYSICAL Gold ? "

No wonder China doesn`t tell the World where that Gold went (yet)

[richgit] 29/1/2016 08:29

cantrememberthis2


We are/have been watching the most Manipulated and Fraudulent Markets in History

Having been involved in the Markets for 30+ years and following Gold for many of them,I have witnessed many manipulations in Gold,yet never imagined the turning upside down of everything by sheer "fraud"

If we look at the the $Billions in Fines imposed on the Gangsters,and consider them a mere tiny fraction of what they have really been doing- then that tells the story !!

Those that think the Fed & central planners are not instrumental in the
wall street motto "If you are not commiting Fraud-you aren`t trying hard enough"
are just blinkered.

They sacrifice the odd Trader to pretend they are aghast at the Frauds.


I am convinced (yet cannot say it happens in smaller stocks-yet why not?)
that the Robots have been shorting most Gold stocks since at least 2011
to enforce the belief "Gold does not work !!)


However-look at CNR as to what can happen when sentiment is reversed)

So they flash crash Silver and then (manipulate)via the LBM a fix far below
reality.......... and who closed shorts on that questionable -Manipulation ?...?


Whether someone sues the barstewards or not-London is losing credibility
being in league with the Comex Fraudsters.

[cantrememberthis2] 28/1/2016 15:29

Looking at AT Trades, think this is being Algorithm traded and does not reflect fundamentals of the company.

True value has got to be 20p minimum and 50p decent...

[richgit] 28/1/2016 13:18

Whilst they now try to find ways of propping up Italian Banks,
the US Mint is in overdrive production.


Considering Americans are brainwashed by the Media (owned by the Elite) that Apple or Netflix is a better investment than Gold,I do think it is a reasonable assumption that the rabid buyer of all Silver & Gold Eagles is -Dracula.

Yes- JP Morgan- the anti-christ.

As I have posted- it is almost treason, that considering JP Morgan is the Fed,
they tell ALL (their clients)to sell on Market Bounces.

We Cannon Fodder will only know in Hindsight,yet Dracula does have a stash
of Millions of ounces of Silver to their own account.

I can only speculate why- yet there is a logic in assuming it means $Dollars
profit,and considering the "in History low price"- potentially a hell of a lot of profit for when Dracula wants to unleash the Silver.

[cantrememberthis2] 27/1/2016 13:56

The hold up is strange, strange to think they commissioned their own investors to do the DFS and awaiting sign-off, bonkers really!

[casual47] 27/1/2016 11:40

If the DFS should serve as starting gun for recruiting JV partners or sale of the company then hopefully the sooner it gets released the better. It will take a couple of months to organise the admin side of that (negotiate contracts, call EGM, etc) and cash is meanwhile depleting.

[onedayrodders] 27/1/2016 11:26

what's another month .. Gold going the right way so may be even more meaningful once released

[casual47] 27/1/2016 10:46

Chinese new year soon. If they are waiting on the Chinese then the next RNS may take till end of February now.

[onedayrodders] 27/1/2016 10:26

Indeed richgit

OMG !!! 542-1

[cantrememberthis2] 27/1/2016 08:57

Im in, do or lose...