Chaarat Gold Share Discussion Threads

[casual47] 18/11/2016 13:08

*looks at SP

Yikes!

[casual47] 17/11/2016 11:53

Good luck with your gold miner shares if you are holding out to 2025.

You keep being bullish on gold, saying e.g. gold will reach the dizzy heights of $5000 but are meanwhile seemingly blind/unconcerned/unbothered about what's actually happening to the shares RIGHT NOW where you are posting this guff.

Being long in gold is fine if you hold actual gold.

If you bet long on gold but do it via gold miners then you MUST take account of, you know, the reality of miners: apart from the very few "creme de la creme" (on which you don't seem to be posting) all of the miners are at a 90+% loss of value compared to last few years, have been hugely diluted and will probably go bust/get taken over at a pittance many years before your $5000/oz ever arrives.

But there's no point in saying this as you have been posting your spam undeterred for ages now....

[richgit] 17/11/2016 11:30

Gold’s dwindling pipeline of new mines is poised to usher in a decade-long output slump, spurring prices and delivering a new impetus for deal making and industry consolidation, according to Goldcorp Inc., the third-largest gold producer.

Mine supply may fall about a third in the 10 years to 2025, according to Bloomberg calculations based on forecasts from BMO Capital Markets and Randgold Resources Ltd. The number of newly discovered primary gold deposits fell to three in 2014, from a peak of 37 in 1987, according to Melbourne-based industry adviser MinEx Consulting Pty.

The number of deals in the gold sector this year is the highest since 2011, as the metal’s price surge has spurred producers to trade assets to add production or to improve the quality of their mine portfolios. Goldcorp is reviewing opportunities for acquisitions or partnerships including in new discoveries and existing assets, both in the Americas and further afield, Telfer said.

“What we’ll possibly see is consolidation in the industry as a result, whether that’s a large company taking over smaller ones, a number of smaller ones getting together, or even two or three large companies being merged,” Ian Telfer, chairman of Vancouver-based Goldcorp, said in an interview. “No CEO wants to run a shrinking company.”

[oli12] 16/11/2016 07:23

Indeed. They could offer less as despite being listed on AIM it's an overseas company and NOT bound by the takeover code...

[casual47] 15/11/2016 16:18

If so very risky for any new pi folk wanting to get in. If Labro wants to submit takeover bid they could get away with only offering the maximum they paid....

[oli12] 15/11/2016 16:11

Labro probably purchased 1m to add to their ever growing holding here. They have not purchased on the spike and have waited for this to fall back as short term holders exit because they lack patience.

[casual47] 15/11/2016 14:32

Did someone say this was a no-brainer all the way to 15p?

[juju44] 14/11/2016 19:49

Back to being shoite anyway which it always has been

[asturius101] 14/11/2016 17:53

Back to 5p?

[gaaston] 11/11/2016 10:28

Anti elite elections in Europe next spring may well shatter peeps' confidence in money

[richgit] 09/11/2016 13:18

casual47

That is up to investors and whether they wake up to where Gold (at some point)
restarts its true journey beyond $1400 then beyond $1900.


If CGH wont be taken over below 15p and that works its way to maybe not below £1 or £2,then it is a nice place to sit and watch events.

Those still thinking they can get more "volume" of their guaranteed safety 10p stock,may be very wrong.

On a positive note- unless Obama goes fruitcake- We may at least avoid Clinton`s
War.

[casual47] 09/11/2016 12:52

Not sure why you bother posting this here --- CGH will be taken over / delisted well before it gets anywhere near $5000......

[richgit] 09/11/2016 12:43

I have been following someone that got the Election result spot on.

Over the coming months with the deluge of hopelessness coming from Euroland to add
to the seemingly inevitable US recession -the Paper Gold scam is going to be harder to continue,whilst the Silver scam is an obscenity of JP Morgan theft !! .

Whether Mr Rickards is correct, or not,that there has been collusion to allow
China to get their Gold - it could become harder to hide as Physical gets scarcer.

I can see the logic that China does not want Gold soaring when they are trying to amass it,as soaring Gold brings in new masses of competing buyers for Physical.

It certainly is NOT the price of Gold that worries China (as they have already paid $1900) it is the price of Gold attracting others in a declining availability that worries China, when they still want more of it.

If they see their insurance Gold at possibly $20,000 per ounce then they certainly
aren`t bothered about paying $5000.

Smoke and mirrors !?

[juju44] 09/11/2016 08:41

Has to happen for the goldies now

[oli12] 09/11/2016 08:08

Gold up this AM on US news.

[highly geared] 08/11/2016 11:28

Jeez, in profit on my Sipp holding after 2 years. Sit and wait for developments to unfold I think.

[casual47] 08/11/2016 09:49

I'll sit tight until at least they exercise the warrants at 15p.

[[e-mail]] 08/11/2016 09:45

took a chance and sold took a nice earner.

[casual47] 08/11/2016 09:42

If this is Labro then things are looking good.

[oli12] 08/11/2016 09:36

Exactly what we've saying for weeks since the placing and Labro stating their intentions. Off the radar of many

[juju44] 08/11/2016 09:29

Traction here now. Wonder what is going on

[casual47] 07/11/2016 13:56

There are no dead certs for PIs, unfortunately.

Many things can happen here: delisting, takeout at whatever highest price Labro paid (which may be lower than the price PIs could get going forward), or.....they may actually persist with their crazy idea of going into small scale production and use the current share price build-up to offer a great discounted placing for IIs to bring them in (e.g. 6 pence).

[gaaston] 07/11/2016 13:47

A long long time ago an investor advised me to buy in here stating it to be a high reward: high risk stock.... :( am now not too much under water, so let's see how next couple of months' treat our luck. Pity the Chinese haven't come to rescue, being so near on the map too

[oli12] 07/11/2016 10:20

It seems (???) Labro have exercised their warrents and now have 39% holdings .... are they about to take this over. Minimum price they could offer would be 10p....little downside here IMO.