Chaarat Gold Share Discussion Threads

[richgit] 21/4/2016 13:33

I find it of great concern that JP Morgan is asked how they will deal
with their derivative exposure etc,and what safeguards they (have not got)
in place.
That is how I view cash in Banks.

I give Myself 6 months to exhaust all my final cashable assets(bar the Family Home)and shove it all into vaulted Silver,Then Gold and more related stocks.

In for a penny with CGH so I will be adding in the percentages game when all
has settled down as I simply cannot accept all that Gold isn`t worth a hell of a lot more than £20Million.

If this doesn`t work out there will be tears and anger when looking back
from Gold beyond $1900 heading towards ??? (eventually)

[richgit] 21/4/2016 13:16

We all expect some kind of final Manipulation of Paper Gold maybe this Summer.

Of course it is just possible the lunatic Fed finally sees getting that horrendous inflation they want through Commodities & Gold,which will all be a hindsight of ..Oh !!! so all eyes on Dracula (JP Morgan)in Paper Gold and their hidden from Market huge pile
of Warehoused Silver they have skimmed off.

[onedayrodders] 21/4/2016 13:14

I was right yesterday about the RNS leak.

AIM is a casino

[casual47] 21/4/2016 12:48

Many probably will should this eventually drift back to 9p

[onedayrodders] 21/4/2016 12:33

So many here seem to have zero faith and would be better off selling and moving on before they turn the lights out...right ?

Yet for some reason they stay.

weird that

[onedayrodders] 21/4/2016 12:31

Gold prices have been hammered since 2011 ..falling from $1900 to $1050,
hardly the environment for a queue of majors buying out gold mines.

M&A activity has been virtually zero yet most of you critical that the company hasn't engineered a buy out and 10 bagged your investment.

[casual47] 21/4/2016 10:28

Over on III: Nige the snake @07:35 "should see 10p today"

lol

[waterloo01] 21/4/2016 10:25

Also note that one company has completed full DD but obviously no offer has come and they are now off looking afresh.

Not even jam tomorrow but potentially sometime in the future.

[juju44] 21/4/2016 10:01

Yep , one excuse after another for never actually delivering any result. What about the deluge of Chinese interest , funny how that is downgraded too .Golan just doesnt have it

[richgit] 21/4/2016 09:59

JUJU44

It is up to you how you interpret it.

The question is - what is one of the largest potential resources around
-worth ?


Worth may come to the fore over the coming months,or arguably the worth
of Confetti currency and the safety of holding any in the Banks.

[casual47] 21/4/2016 09:58

Another example of "jam tomorrow" which never materialised:

Anyone ever heard anything about this guy since he was hired to "assist in the Company's engagement and communication with its shareholders"?

Director appointment
Road Town, Tortola, British Virgin Islands (11 December 2013)

Chaarat (AIM:CGH), the AIM quoted gold exploration and development company with assets in the Kyrgyz Republic, is pleased to announce following a Board meeting held on 10 December 2013, the appointment of Richard Rae as a non-executive director of the Company with immediate effect.

Richard is an experienced City professional who brings his contacts and in depth understanding of the equity markets to the Board of Chaarat which will assist in the Company's engagement and communication with its shareholders.

As a managing director of ABN AMRO, Richard was responsible for the team engaged in research, sales and trading of Mid and SmallCap equities. In this role and before that as Head of UK Smaller Companies Research & Sales, he managed the liaison with the corporate broking and financial advisory departments.

He is a non executive director and member of the Audit Committee of Aberforth Smaller Companies Investment Trust plc, the largest investment trust within the UK Smaller Company sector.

Dekel Golan, CEO of Chaarat, commented:

"I am delighted to welcome Richard to the Board. We understand the importance of working on our engagement with shareholders and communicating Chaarat's compelling investment case. Richard's experience will be invaluable in these efforts.

The appointment of an additional non executive director to our Board comes at a time when Mac DeGuire is moving into an executive role as Project Manager of the Definitive Feasibility Study.

[casual47] 21/4/2016 09:46

Exactly. Apart from the numbers (which were not signed off by anyone so why should we or anybody else believe them?) everything else in the RNS is rinse and repeat of the stuff we have seen in the last 3+ years.

This RNS is as about-face as you can get.

First they wanted to start mining, then they realised they couldn't raise money so they said they would do a DFS, then they said a "Western" DFS would not be suitable as the main interest came from China so they started a Chinese DFS, now they are not happy with Chinese DFS and are not even going to try to get it signed off and are back looking towards the West....

Doesn't look like a BOD who have a solid plan. The only mercy so far is that since the total collapse of the share price from 60/70 they haven't been too bad with keeping expenditure back and even succeeded in raising funds at what was then a premium (15p).

[juju44] 21/4/2016 09:32

Rod , he has been regurgitating that guff for years . No wonder he praises our patience - Job wouldnt compete

[onedayrodders] 21/4/2016 09:29

casual ... you will find out soon enough

"Your management is reviewing a number of options targeting value generation whilst minimising dilution for our shareholders. We hope to deliver news on our progress in the coming months. We commend the patience of our shareholders who will appreciate that it is important to take our time to maximise the value of the Chaarat Project for their benefit."

[casual47] 21/4/2016 09:21

Meanwhile the answer to the question "how much money is needed this year" remains unanswered.

[richgit] 21/4/2016 09:09

juju44

Just keep your eye on Silver if you want to understand the fraud and manipulation
of these Markets.

I may seem like a Gold traitor,yet I sold all my Physical Gold to buy Physical Silver.

I will sell that Silver when the time is right and then plough it all into Gold
as I think Silver will at least treble before Gold does.


However- What would Gold stocks be doing if Gold merely rises 50%,as hopefully
Silver rises 150% and then progressively Pro-rata.

In fact forget a 50% increase how about just $1400 ?


Time is on our side at the moment,so let`s hope Management know how to play the
the biggest game of chess in town.

[juju44] 21/4/2016 08:57

This is too much jam tomorrow. The years keep on rolling and we get advised of the golden future that never arrives. Its time Golan delivered not just re iterate the platitudes. The longer it drifts the more certainty of more fund raising and dilution

[richgit] 21/4/2016 08:54

ODR

It is understandable as PI`s have been slaughtered in these False Markets.

I have taken a battering Myself with my Oil picks and dumped some at a loss
to buy more Gold,Silver and related stocks.

Just look at GKP(which I bought at 34p &50p and sold at £1.50 quite some time back -wondering if I made as mistake as so many thought it was worth £12.

I did get hammered with HUR and a couple of others,which I may revisit in time.


I look back to the ludicrous Dot-Com era which I saw coming 6 months before
it took hold- knowingly buying rubbbish that could/would soar in value.

What happened in those days of course is that many PI`s were making fortunes
and recycling into the next pump and dump,so the rollercoaster was awesomely
fuelled.


That is what will happen in the Gold frenzy days to come-yet knowing or guessing
the timing may be more of a hindsight- yet I hope like the Dot-Com era I can
have the foresight.


Unlike most of the Dot-Com stocks,CGH holds real assets

[onedayrodders] 21/4/2016 08:39

2vdm

You are right, excellent news today. A day to concentrate on the news and not johnny come lately moving on to his next hot thing.

AIM is full of 10 second punters who think they are buying guaranteed winning lottery tickets and not shares and believe one RNS will 10 bag their investment.

The project is in good hands and they have INVESTORS interests at heart as demonstrated by todays news.

[onedayrodders] 21/4/2016 08:35

Agreed richgit ... CGH is bubbling along nicely with a perfect storm brewing in the background with Gold and Silver as signs of a return to the bull run become more evident every day.

No need to preach patience to all here I know but hang on and trust Dekel who is trying to maximize his investment just like us. It might not be today or next month but I reckon within 12 months we will all get our big pay day or look forward to a farm in with a major to de-risk our investments and watch the share price significantly appreciate accordingly.

I'm fully loaded but like most I assume sitting on a hefty paper loss but I see a day when Chaarat will become all the rage, and the big boys will be fighting over what will be one of the very few world class gold deposits in the world.

all IMHO

OD Rodders

[richgit] 21/4/2016 08:34

If we look at Directors` shareholdings,they will obviously want to somehow maximise their value- which isn`t 7p !!!

They have 2 possibilities.

One suggested quite some time back, which apparently got main Investors` approval at the time.

Lol=they scooped up 211 Ounces in the Alluvial sanitisation.

Get that plan back on the Menu and no doubt main investors should lap it up

It is all about ensuring that CGH is alive and kicking for when Gold is properly in the spotlight (maybe 2017-2018)


Any plan to keep CGH in rude health until then and no doubt money will be thrown at Gold anything !!!

My parachute is that surely nobody is getting their hands on one of the biggest
resources around for £20 Million.


Dread the thought of such absurdity !!

[2vdm] 21/4/2016 08:21

Not quite sure why there hasn't been a more positive reaction here. Increased deposits, reduced costs with scope for more. Worth waiting out imo.

[richgit] 21/4/2016 07:48

For a miserable £300 Million !!?

CGH could produce $Billions of the only true Money around.

US hedge funds dump that amount in a day.


Awesome potential returns or oresome

[waterloo01] 21/4/2016 07:45

Exited this a few years ago but interesting to see the study. $470m initial capital needed and the DFS isn't signed off, but that doesn't matter I guess!