Chaarat Gold Share Discussion Threads

[juju44] 20/4/2017 12:17

WTF is wrong with this share price > all this buying and it goes nowhere

[4marlin] 20/4/2017 11:51

continued director buying
I continue to hold my unfortunately small position

[juju44] 19/4/2017 12:13

Hard to see how this cannot be a no brainer

[richgit] 19/4/2017 10:15

Yesterday they failed with their $3Billion 22,000 contract dump in Paper Gold.

So now they use Venezuela`s Gold as headline news just like their tactic of the IMF
Gold sale many years ago to hang over the Market and save some Paper Gold shorts.


The US has been lusting to destroy Venezuela for years,strengthened by Chavez demanding His Gold, be returned.

Somewhat humorous that the Bank of England sold our Gold without anyone screaming
that the UK was recklessly selling its precious assets.

Bye bye Venezuela,another US Target of carnage and asset stripping to come.

[juju44] 13/4/2017 14:33

So all this buying doesnt move the share price up . And the reason is ......?

[casual47] 13/4/2017 14:06

Until funding is sorted, and I mean REAL substantial "let's get a gold mine in production" type of funding, not a tiny $15 million to build some roads and do some drills, then there will remain a drag on the company's share price

The best they can do so far is senior secured loan notes in batches of 250K.

[richgit] 13/4/2017 13:41

You have to wonder who would sell for 25p when these guys will be paying a lot more
at some point.

They make get our resident obsessive T+ trader`s circa 9500,or maybe it is just
some Bot.

[casual47] 13/4/2017 13:29

Have to admire his determination to not pay a penny more than 20p.

If he had wanted the shares quickly then 25p would have given him all he needed, probably even in one day...

[richgit] 13/4/2017 13:20

They keep buying............

on 13(th) April that as of that day Martin Wiwen-Nilsson, a non-executive director of the Company, held 8,972,023 ordinary shares of US$ 0.01 each, representing 2.55% of the issued share capital of the Company, following purchases on 12(th) April of 250,000 ordinary shares at a price of 20.00 pence per share.

[casual47] 13/4/2017 10:49

Gold flying high, Labro allowed to buy another 3m shares, CGH down.

[rhuvaal2] 11/4/2017 20:08

just relax and wait for the "flavour" of pm's to become apparent.

[juju44] 11/4/2017 18:01

Looks like a buyer is still around but why the share price doesnt go up is too much for me

[richgit] 11/4/2017 10:14

Casual.

We know that in April 2013 the Manipulators used circa 500 tonnes of "paper Gold"
to devastating effect.

Since then- and quite recently 6000 Tonnes of Paper Gold were traded in a day for
far lesser effect and more pointedly Gold is still back above $1200.

Mr Maguire merely estimates the possibility that ,including derivatives, the amount of Paper Gold required to dislodge 1 Tonne of Physical could be 500 or even 1000 Tonnes.

As London quite obviously is losing more and more of the Physical Gold Market to China this re-creates "The abyss" of circa 1999 with rehypothecated Gold to Planet Zog.

Without Physical to leverage in Paper then all Paper Gold could be worth 0,yet
there is the fall back of a cashout in $Dollars,which would leave all the Pension
Funds that think they have a call on Physical Gold via PAPER contracts,with $Dollars
that would then buy less ounces as Gold soars beyond the cashout price.

With the Fed trying to keep Markets up with Robot Traders and bolster the declining returns of Bankrupt Pension Funds,little wonder that they will attempt 2000-1 leverage until it all blows up and someone asks "Where is my ounce of Gold ? ".

[casual47] 11/4/2017 08:56

Needs a bit more volume to know which way it is going short term.

Senior secured loan notes for just up to 15 million to basically keep ticking along wasn't exactly the funding we were waiting for, I think.

Maybe there will be another more positive funding update once BFS number three is out.

It has been the main problem with this share: seems no matter how deserving the assets, for a decade they just haven't managed to find money to start digging up the gold.

[edjge2] 10/4/2017 18:03

looks like wants to go up. Awesome reserves if they can get it out.

[richgit] 03/4/2017 20:30

Everything going to plan- and just getting bigger.

The money men that know the worth of Gold will no doubt be well placed and
ahead of what will be a queue to get a slice of the action in months to come.

2018 could be awesome.


My timing is rarely perfect,yet added another 100k (no margin)to just sit on.


.

[casual47] 03/4/2017 09:31

If the investors were interested in getting more exposure to the company and were complaining about lack of liquidity of shares then they just needed to offer more to buy the shares....There would have been plenty of liquidity at 25p etc...

If the investors were so confident about the prospects of CGH's assets why are the loan notes "senior secured"? What are they secured against?

[juju44] 03/4/2017 09:25

Loan note conversion at 30p sounds ok to me

[juju44] 03/4/2017 08:35

Golan is a dodo and should have been ditched years ago . He has'nt a clue

[highly geared] 03/4/2017 07:40

Jeez, what is all shows and what we know ,is how poor Golan was. Yet more redoing of the BFS that took years to bring to fruition. Another 2 years to even get into production and yet more drilling!
At least the loan notes are on good terms and it seems the new management know what they're doing....

[catsick] 03/4/2017 07:14

Cb issue seems like a good idea, much better than a placing at sub 20p , sounds like they have investors lined up and should get a chunk of work on the heap leach funded

[juju44] 31/3/2017 18:14

Another 1/4 mill reported after the bell

[charles clore] 31/3/2017 16:32

Looks very toppy to me. Holding off buying for a while.

[casual47] 31/3/2017 16:28

BFS on track for end of H1 completion, so three months from now. I guess the question is whether there will be news flow to sustain the 20p until then.

I imagine financing news will be revealed after the BFS is completed? Or in tandem?