Chaarat Gold Share Discussion Threads

[juju44] 14/5/2017 21:04

Technically oversold now so maybe a turn up coming though the parameters around it may make the techs irrelevant for now . We will see

[casual47] 09/5/2017 15:00

A bit mean of the MMs to put a sale through at 19.80p earlier today....

[novicetrade68] 28/4/2017 18:16

And what will happen once they're done buying ? In the absence of news it could well drift lower on low volume, so probably best to watch this like a hawk.

[casual47] 28/4/2017 17:11

In the two weeks since 12th April the Labro consortium have managed to buy 1,600,278 shares. They have 1.9m left to buy, so this spree may be over and done with by the 15th of May?

[casual47] 27/4/2017 19:42

Maybe they didn't have BOD backing

[juju44] 27/4/2017 19:39

Thing is they could probably have bought it all for 12-m 15p some months back . Why didnt they do it ?

[casual47] 27/4/2017 18:22

Alternatively, they are boosting the share price to provide a good strong basis to do a major fundraising (more than the 15m they got for bits and bobs, I'm talking actual money to start digging for gold).

That or they are getting as much as they can now before putting in a bid to take over the company

[juju44] 27/4/2017 18:02

These guys know there is a load of gold here. They want it but need money to build the mine, etc. They know that by the summer this will be looking so good everyone will want a slice so they will have no problem raising money to get operational - or they will sell it on .
Remember they are paying 23p today because they know this is dirt cheap and these shares will be worth hugely more in the near future .

[casual47] 27/4/2017 17:08

There are $15 million convertible loan notes at 30 pence. Unless there is significant news I guess the share price should not run away too far ahead of that?

The buying has been mainly the Labro consortium. When they stop buying (as they are obliged to do once they hit their target) what will happen? They have proven reluctant to pay premium and for the last 6 months have allowed the share price to fall back to make sure they don't...

[fishhead1] 27/4/2017 17:02

Looking at the chart in a bit more detail, actual target would by 33p if the flag theory is correct.

[fishhead1] 27/4/2017 16:55

Even allowing for my basic technical analysis skills, this looks like a breakout from a flag pattern at 20p. If correct this suggests a near term target of 30/31p.

[filterwest] 27/4/2017 10:28

On the move. Breakout??

[juju44] 27/4/2017 10:10

Rich , I haven't sold anything here yet . This has to be worth north of 50p

[richgit] 27/4/2017 09:00

juju44

They only get it for buttons because so many - like yourself- let them.

Maybe at some point- more wont let them get stock so cheaply,so imagine trying to get stock when that happens !!!?


If they come up with all the financing for utilising 1 Million of the Ounces available for a cash cow that makes the Market realise that 5 Million ounces or more are like the proverbial ever increasing value Resource Bank- then what value CGH when Gold resources are simply valued more-and more- and more when Physical Gold
demand finally signs the death warrant of Comex paper.

It is all down to whether we truly believe in the eventual value of Gold.


Hence why I currently buy Physical vaulted Silver,as I am not a $Billionaire that
obviously needs Gold.

[rhuvaal2] 26/4/2017 21:47

My broker advocates staying with it and to take the reward when it's eventually taken out. Higher gold and this will be worth quite a bit................

[juju44] 26/4/2017 17:06

These guys are getting this company for buttons. Thing is what happens when they finish buying ? A takeover would be fine but why would they do that if they can club together , get over 50% of the shares and then take the company private leaving the mugs locked in and powerless. Is this possible ?

[juju44] 26/4/2017 13:04

It should surely be doing better than this

[megashareman] 24/4/2017 11:49

Just showed up sell from Friday,maybe that's why

[juju44] 24/4/2017 11:34

Amazing they have been able to buy it all so cheaply

[casual47] 24/4/2017 11:31

So the consortium managed to buy more than a third of their permitted 3,527,976 additional share allowance in under 2 weeks without the share price moving much at all.

If they keep going at this pace they should be all done third week of May with the share price at similar levels to today's.

Then it will be waiting for the completion of the BFS end of June.

[juju44] 24/4/2017 08:51

This should be 50p with all this buying so what is wrong

[juju44] 20/4/2017 19:08

There has to be some sort of fiddle going on here but I cant figure what it is

[juju44] 20/4/2017 17:16

All that buying and the price falls ??? How can they do it ?

[juju44] 20/4/2017 14:03

where are the sales that are holding it down - not showing

[casual47] 20/4/2017 12:38

The directors have consistently refused to pay 21p or more and have just bought small amounts on dips. They were very successful in filling their boots with this method in the last 6 months.


This will only take off once they start paying more.