China Nonferrous Gold Share Discussion Threads

[ned] 06/3/2014 14:16

A little bit of interest today.

16 trades in 24 seconds.

[novicetrade68] 05/3/2014 14:40

CP, hard to disagree with that, I mean, me too and I suspect many others are also yearning for an update on how well (or not) construction is going + of course the HK listing. Canadian companies come up with an 'Activity Report' each quarter, that's something I wouldn't mind seeing AIM implementing as well.

[carlos panda] 05/3/2014 13:36

nt68

I agree completely regarding share price performance against both gold itself and almost all other gold explorers / producers. However it sometimes feels as though this result has been achieved almost despite rather than due to managements efforts at communication!

What is so hard about a monthly / two monthly progress update on construction, HK listing etc?

Perhaps I am overly demanding, having been involved in managing a PR business (in HK as luck would have it...).

It really feels as though we have been 'on hold' ('in the dark'?) for too long now.


CP

[novicetrade68] 05/3/2014 13:06

CP, I think ever since Craig left their PR/Communications has gotten even worse than it already was. Perhaps our new Chinese overlords have a feeling of 'job done' having now taken total control over Kryso in just two and a half years...I must say it has been fascinating to witness, but which ever you look at it in my opinion they have delivered shareholder value in as much that the share price has doubled and more importantly held onto its gains, which can't be said for a lot of gold miners over the past year.

[carlos panda] 05/3/2014 11:29

* Start of Rant *

Do management here have any interest in investor relations at all? I doubt that Blythe Weigh Communications have ever had such an easy gig.

The last news on the mine construction was a feeble one line on 27/09/13 ("Continued progress with mine construction; remain on track to bring the mine into production in 2014") since when nothing...

I note that the grant of options to the company's financial advisor is to a company (Tide Favour International Investment) about which no information appears to exist. Luckily for existing shareholders they are clearly a well established, professional organisation rather than someone looking for another back-hander then.

After 7 years in KYS / CNG I really have just about had enough.


CP

* End of Rant *

[ned] 14/2/2014 13:47

Yes - but there will not be a big jump in the share price today. Definitely :-)

Why do the bid and offer prices remain in skinny black font despite the buying I wonder. No worry but unusual.

[zboy169] 14/2/2014 13:18

some buys coming in at 30p though

[ned] 14/2/2014 08:51

Our cloak of invisibility seems to be working well in view (or out of view) of rising gold price !

[zboy169] 11/2/2014 14:15

hmmm bit of action today...presumably in response to the gold price moving up.

[charles clore] 04/2/2014 15:44

CP I agree with that and I do ask myself the same questions. We know that under favourable conditions this should be doing a lot better. The time for Kryso is not yet right but I am sure it will come, in time.

[carlos panda] 04/2/2014 15:03

CC

The way that I understand icejelly's post above is that he is saying pretty much what I have been banging on about for the last six months. Specifically that there can be quite a difference between how well a business is being managed for the long term (mine development, HK listing) and how poorly it is presented (neglected) in the short term (lack of clear listing timetable / effective listing hiatus, limited news flow). The directors et al. cannot control all of the factors to manipulate the long term share price but, should they so wish, in the short term they can easily create the conditions where the share price languishes.

Thus the directors et al. may (or, of course, may not) actually be encouraging their (barely) listed stock to react to market forces where the predictable market response to the above shareholder-unfriendly approach is a lower share price ..

The unanswered question is who benefits from this lower sp?


CP

[charles clore] 04/2/2014 14:30

Ice jelly I'm sorry but I don't understand your logic. Are you saying that the Chinese directors somehow prevent their listed stock from reacting to market forces? That is something I'm unaware of but would be interested in your opinion on the subject.

[icejelly] 04/2/2014 13:12

The reason I got out completely was of the Chinese control. I feel that so often the Chinese run companies for their own personal benefit and they are not interested in outside shareholders like us. They will be quite happy to let the share price drift down, whilst they pick up the shares as cheaply as they can until they have total control. And that seems to be what is happening here with Kryso now CNG.

[carlos panda] 04/2/2014 12:22

C9AJL

I'm not sure regarding the consultancy but annoyingly I no longer have his mobile number. It may well have been a company mobile and as such no longer in operation anyway.

I wonder whether he has moved on to another project or if he is on some form of 'gardening leave'? I have a lot of time for directors who are willing to actually talk to their shareholders.


CP

[c9ajl] 04/2/2014 11:36

CP - is Craig still being retained as a consultant, or has he finally moved on? If not, he may still be contactable?

[carlos panda] 04/2/2014 11:04

Yesterday more than 100k bought - share price down.

Today more than 40k bought, less than 2k sold - share price down.

If anyone can provide level 2 information this might be intriguing.

If you also consider CNG management's recent (well, actually quite long term) chronic passivity / inaction you might almost think that someone has an interest in keeping a lid on the share price to justify a disappointing (for existing shareholders) HK placing price.

It was a great pity that Craig was given the elbow as at least one could pick up the phone and address these concerns directly with him.


CP

[dataline] 29/1/2014 21:30

Doug Casey: "Gold Stocks Are About to Create a Whole New Class of Millionaires"

[zboy169] 27/1/2014 10:47

Stock is in such short supply here the moment there is any good news or a rise in the price of gold we'll be off again

[jimbowen30] 26/1/2014 17:12

A must read article on gold imo. Written by Grant Williams of Vulpes Investment Management. This is very bullish for gold longer term.

[carlos panda] 25/1/2014 09:45

Alive and kicking (myself for not selling more on the 40p spike)...

Almost incredible to think that the share price is now at the same level as it was on 01/11/11 just before the mining licence was approved. (OK, I know gold was at $1700 then but who is to say it won't be $1500+ by the time that production actually starts).

At the risk of sounding like a stuck record (or should that be corrupted mp3 file nowadays?) our woeful performance of late has surely been self-inflicted and, as such, completely avoidable.


CP

[charles clore] 24/1/2014 18:10

Lol well at least someone is still alive out there

[mark of the rushes] 24/1/2014 17:58

Ouch seems appropriate.

[carlos panda] 24/1/2014 17:27

Perhaps as part of the HK listing management might wish to consider a new EPIC code? I'm undecided between YAWN and OUCH.


CP

[griffin4] 26/12/2013 13:29

Cheers Ned, now let's hope the share price can get up to around 40p again before listing.Griff.