Chaarat Gold Share Discussion Threads

[book5] 06/12/2023 15:24

We need finance to announce
till then it is a massive gamble
I bought more today
Gla

[one2go] 06/12/2023 13:23

Only 50k left at 6.25p and then it moves up, the chart is looking strong also, RSI neutral means plenty of upside possible.

[solo4yous] 06/12/2023 07:53

Others are loading Https://twitter.com/Blowster85/status/1731993114787684535

[solo4yous] 06/12/2023 07:16

A 5% dilutive equity raise with a 19% drop ridiculousWith some debt converted by Chairman meaning only $4.1m left from previous RNS for working facilitySeen this many times before massive news for mates to come inDefinitely see much bigger gains soon

[one2go] 06/12/2023 07:02

Going far higher, could not buy at advertised offer towards close, was 12p in June.

[book5] 05/12/2023 13:32

Someone is happy to sell them

[seagreen] 05/12/2023 12:39

The lacK of sales says a lot

[book5] 05/12/2023 10:10

Where do I need to sign? I hope u are right

[solo4yous] 05/12/2023 10:08

Na, look at the size of raise, seen this countless times l and I'll see a juicy RNS DEC JAN as that's what has bought the £1m new investors for no doubt they'll flip it at 11p

[solo4yous] 05/12/2023 09:25

Gap to fill to 7p now, 5% dilution with part payment of $5m loan facility and cashed up with £1.8m ... Ridiculous

[2pablo] 05/12/2023 08:39

I’ve nipped in for some more shares @ 5.7p as I see most, if not all, of the roadblocks to funding have been removed

[2pablo] 05/12/2023 08:37

Book5 - they aren’t going to fund raise through equity in a placing sense. The proposed jv with Xiwang was I suppose an equity raise but, if that is OFF, think they intend to raise through debt.

[solo4yous] 05/12/2023 08:28

I see as positive Chairman reduced debt owed by electing to convert

[book5] 05/12/2023 08:18

May that is the price of future capital raise, I would not be surprised
We most probably need to raise a large percentage of the total capital requirements to finance the mine. Anybody knows what % of the total amount is raised via equity? 40%, they may mean $40 million capital raise via new shares

[2pablo] 05/12/2023 08:14

Well, think it clears up one or two things : we are going ahead with the funding next quarter; Mr A is NOT taking the company Private (how would he have persuaded new investors to come in); Xiwang look increasingly unlikely to fulfil their proposal.

Inevitable drop/opportunity, that's what mm's do

[book5] 05/12/2023 08:06

Heavy punishment to dp

[book5] 05/12/2023 08:06

Heavy punishment to the share price, 25%

[solo4yous] 05/12/2023 07:13

3% dilution

[solo4yous] 05/12/2023 07:12

Small raise ...

[richgit] 03/12/2023 13:30

Down but certainly not concerned.

I have been buying CGH for quite some time from 25p down to 5p,yet overall down.

At some point the Market will start to value the Immmense Gold assets here
so I remain convinced CGH will become a huge Multi-Bagger,over time.

Overall, the Capitulations in Gold and Silver stocks have been beyond ludicrous
as even some of My Major producer stocks have been down 50%,whether in the UK or Canada,and I daresay that wont be for too long.

I keep scouring my UK Gold picks,but there really aren`t that many truly good story
stocks,which suggests that when Investors pour back into Precious Metal stocks,then
those few will rise fairly quickly.

I have been adding to my Canadian stock Picks,where there are so many truly Good
story stocks battered even worse than the Uk ones,and Silver stocks are at
breathtaking Capitulation,yet Canada is the hunting Ground for Silver stocks.