Chaarat Gold Share Discussion Threads

[juju44] 27/10/2016 10:26

The lack of interest here is amazing with all that gold in the ground. Golan will never deliver but surely someone else will .Lets have a decent offer

[casual47] 26/10/2016 14:28

There is still an II seller so what is causing the IIs to sell? Their averages must be well above the current share price

Why bail out now when the Project Stockholm folks may be making a bid for the company?

[casual47] 26/10/2016 13:57

Any idea why First State bailed out after having been in for nearly a decade?

[oli12] 26/10/2016 13:53

Biggest holder IMO still buying stock - has permission to buy another 17m shares without having to make an offer - trade for 500,000 just gone through for 8.8p once they reach this threshold they will have 45% holdings (48% if they exercise warrants)

surprised not more PI interest here.

[aim_trader] 25/10/2016 14:41

CEO Dekel Golan will be presenting to investors at the Proactive One2One Mining Forum taking place on the evening of 3rd November at the Chesterfield Hotel in Mayfair from 6pm. For further details and to register to attend, please click here:

[juju44] 25/10/2016 14:11

One could construe an inverse H&S in the chart with breakout imminent

[richgit] 25/10/2016 09:47

2017 could be a huge year for CGH if all goes to plan.

All things being equal the Market will start to numbercrunch what should be exciting returns from the first 5+ years of low cost/simple production circa 60-70,000 ounces.

A road to travel- and then the what if of numbercrunching the "Big" expansion ulocking the majoriy of the "7Million ounces in the ground".

It remains the risk/reward of a value somewhat potentially obscenely higher than today.

What ifs !- maybes ! - yet if/when the what ifs come into focus,and "if" Gold is doing what it should do and a fair greater fraction of the $9000 it should be now
......then !!!???


I remain to the argument/logic that 7 Million ounces of Gold at future values
of $2-$10,000 per ounce. is NOT going to disappear into a black hole.

Our main investor stands like a Centurion guard to ensure their vision is 20/20
for their investment.


IMHO

[juju44] 25/10/2016 09:24

Well there is our seller and looks like they are gone so lets hope this is a turning point

[casual47] 24/10/2016 12:46

There appears to be a seller/sellers that's offsetting the buys by Labro, so how further can the share price go in the absence of news?

Labro seem to have plenty of money and are building a stake. The reason to have a company listed is to attract investment. If they don't require any outside investment then why would they want to be bound by the regulations and scrutiny imposed on a listed company?

The risk here is that Labro will move to have this delisted. PIs will then exit in droves (=crashing SP) as outside of main exchange there is no liquidity.

[highly geared] 24/10/2016 12:40

Yep, reckon 15-20p will do it as most won't live long enough to see any benefit with the rate of progress to date...!

[casual47] 24/10/2016 12:07

A takeover or a delisting

[oli12] 24/10/2016 08:01

Another RNS. New shareholders buying at 8.5p as well as our existing largest holder.

Tentative approach rejected last week for over 10p per share.

When will people notice this is cheap and a target for a take over.

[edjge2] 20/10/2016 07:44

gary thinks it is ultimate gold low, however....
hxxps://blog.smartmoneytrackerpremium.com/
Worth having a few here. Resource good and bettering , management.....

[richgit] 18/10/2016 11:36

Oli12


15-20p Would arguably suit "Nobody"

If you search back and check the prices paid by Directors, our Large Holders
and -many other shareholders totally underwater -they would all be in Tears.

Personally I think if CGH is worth anything then it isn`t a penny below a pathetic £250Million.

This current situation in Gold,the Miners and would be miners maybe the our final
chance to be involved with Gold for what will eventually become a Multi-year run.

Those arguing for letting the few still standing sell for peanuts will be something
to look back upon in tears and despair when the days are upon us that the Majors
are priced through the roof and cannot themselves promise shareholders "more gold"


Mr Randgold has predicted the huge amounts of new Gold required-which will not be
available !!! so gawd knows what will happen in the future when Gold is most definitely beyond $1900
heading for ?!!.


We just don`t have the crystal ball to tell us when (not if )so I hope CGH is in rude health when the bombshell drops.

.

[juju44] 18/10/2016 10:55

Whole thing is pathetic really and punters probably will jump ship given half an opportunity

[casual47] 18/10/2016 10:52

Depends how serious a player the bidder is and what the conditions were. Anyone can make a bid.

10p must be close to the average of Labro, seeing as they took a chunk of shares at 15p....So you'd think they'd ask for much more if there was a bid.

The danger here is Labro deciding to delist, that will have PIs running for the hills.

[oli12] 18/10/2016 10:40

Sadly despite the "world class asset" here the share price of Chaarat has been below 10p for a long time and largely ignored by the market. Dubious management, geopolitical concerns and lack of funds to even start small scale production means that in reality offers of 15p - 20p would tempt many. I think given the recent placing price 10p is cheeky but gives us a level for Labro to aim at if they want control.

[juju44] 18/10/2016 10:04

It cannot be a serious bid at this derisory level

[mortimer7] 18/10/2016 09:30

Seems peculiar to me that anyone would bother making such a low offer at this time taking in to account the recent positioning and stake taken by the Labro concert party.
Still, let's hope this at least triggers an initial uplift in the share price to over 10p.

[oli12] 18/10/2016 09:15

Well it's NOT Labro as they would have had to disclose this (it's owned by the Chairman of Chaarat). Maybe the Chinese (they own around 8% here) however the offer was subject to due diligence and given the knowledge the Chinese already have of the Chaarat deposit having carried out the DFS I doubt it....so it's a mystery.

[mortimer7] 18/10/2016 09:00

Wonder who the bidder is?

[oli12] 18/10/2016 07:44

Time to get in here.... offer for over 10p (30% above current market level)rejected by the board of directors .... surely this will generate some interest here