Chaarat Gold Share Discussion Threads

[juju44] 20/9/2016 11:27

Rod , this is the n'th plan . None of them ever happen . Golan is worse than useless

[casual47] 20/9/2016 11:26

The only way this pill will be swallowable is if Golan gets the boot.

He must go. There are no two ways about it.

If you can't make a business work in 6+ years you must go as clearly you are incompetent.

[onedayrodders] 20/9/2016 11:21

yes thought the same ... one is ex Goldman Sachs so perhaps a hint that a commercial trade sale is still the primary objective.

Today is a sobering statement for long termers but a solid plan nonetheless for a world class deposit. With a financial crisis looming the conditions for Gold looking strong over the next few years I'm hanging in there.

The mine plan and timing should not be a surprise and is par for the course.

[casual47] 20/9/2016 10:57

Slightly worrying that in our new Chairman's and new Director's list of expertise there is not even one remotely related to mining.

We will soon have a new BOD where none, NONE, of the directors have any experience in successfully bringing a mine into production.

[casual47] 20/9/2016 10:36

Let's not overlook dilution.

At current mcap a placing that's able to support getting us into production can easily halve/quarter/etc those share price projections

[richgit] 20/9/2016 10:32

CGH now have a lot of travelling to catch up with as the huge manipulations of
Gold have delayed the journey-yet the awesome value of the Gold remains and got bigger.

Quite obviously if CGH delivers on its agenda or is merely perceived to- then this Company/business is going to be valued at many multiples.

It`s just a matter of accumulating as the future becomes more defined- whether that
starts from a base of 5p -15p and upwards of 30p, 100p or whatever.

Most certainly a lot of travelling for 6+ Million ounces of Gold valued at ?!!!

Let`s see what Yellen has tell us ..........

[casual47] 20/9/2016 09:38

Let's see what the placing price is. Last time it was at a 50% premium.

[gaaston] 20/9/2016 09:30

The Chinese have usually paid well over the odds for oil and gas properties

[nick rubens] 20/9/2016 09:10

One only needs to see the mention of 'Chinese' and know nothing will come of it.

[juju44] 20/9/2016 08:53

Maybe the new chairman can do something about Golans inability to deliver since he has put a lot of money in here. First task should be to get a new CEO

[highly geared] 20/9/2016 08:51

Nobody wants Cgh with 7 million oz and now the share price is holed again as the " make it up as we go along" strategy continues. I suppose options were limited with the Chinese apparently not interested but we are essentially stuck here for another 3 years with dilution to come if debt funding not forhcoming. Yes, someone please buy us!

[onedayrodders] 18/9/2016 10:24

Richgit ... that's just your "suspicious mind"

;o)

[richgit] 18/9/2016 01:30

Obviously we will have the answers this week from the Fed.

With now so few expecting a rate increase-yet JP Morgan pushing for one,the
result of a rate increase with all the anti-gold propaganda in full flow,they
could possibly engineer a hit on Gold over a period for - $300 .

The reality of course is that the big 8 shorts + commercials is so obscene that
not even -$300 resolves the shorts situation.

In the then eventual ensuing snap back the unresolved shorts just then adds to the carnage to the upside- so bitter sweet for those that still have Capital to deploy.


If they don`t hike rates-then how on earth will they resolve the grotesque Paper Gold shorts situation ?

So who do/will the Fed truly answer to next week !!?

Will Dracula be heard ?-as the most Criminal Bank on the Planet is rarely ignored by those it owns,or will Jamie get a slap down in the showdown


Yellen hears Elvis all day and night ....." caught in a trap..........."

[juju44] 17/9/2016 09:35

Wasting your money

[highly geared] 16/9/2016 23:22

Tumble weed here at the moment. News black out is deafening; what are they doing?

[onedayrodders] 06/9/2016 14:26

This could become flavor of the month very quickly...so I can wait

[yanikto] 06/9/2016 14:23

How many of the Canadian miners you talk about are already in production? That makes a big difference!

Charaat need to raise a lump of equity before they can raise loan finance. At the current market cap, this means dilution.

Bear markets can last a lot longer than 5 years, the last bear market for Gold lasted nearly 20 years!

I wouldn't hang around, there are a lot better opportunities around in other sectors.

[onlyahobo] 05/9/2016 17:07

Whilst there may be questions about how this moves forward in the short term, the fact is that this is an outstanding resource at a time when miners face increasing difficulty in replacing reserves. Furthermore, it has substantial room to grow and offers a substantial, very long life asset.

After 4-5 years of one of the most severe bear markets in the sector we are now in the first stages of a new gold bull which the miners, or at least the miners in Canada, and particularly the Canadian juniors, are leading strongly.

Chaarat has missed all this completely. The activity which has seen Canadian assets rerate anything between 5 and 10x in many cases has completely passed it by. So far.

It is a matter of time before this asset starts to regain attention and gets revalued. The window here will be closing very shortly.

[shapido] 05/9/2016 16:22

I thought they were going for a staged development, so will not need 500m upfront to start producing

[mo2550] 05/9/2016 13:39

Currently 7.4575 to sell - over the last few weeks mm's have offered above the bid price ....expect to see the share price to close higher today...

[yanikto] 05/9/2016 11:36

Real simple reason, they need $ 500m to start producing. 30-40% of that needs to be equity. Work out the dilution!

[juju44] 03/9/2016 17:42

Amazing market indifference to a company with over 4 million ozs of gold and a market cap of 21£ mill.

[onedayrodders] 23/8/2016 15:38

Juju ... keep a lid on that enthusiasm mate