China Nonferrous Gold Share Discussion Threads

[rockybalboa] 14/4/2015 10:58

26p down to 18p in two weeks...and no news?
Right...

[eke] 13/4/2015 14:06

We need a positive state from to company for that to happen.

[charles clore] 13/4/2015 12:54

I bought at 9p and made a 3-bagger from these. They are approaching buying territory again but before I do that the bear run in PMs has to turn.

[rockybalboa] 13/4/2015 11:50

20p!!? That takes me back a few years!

[hounddog10] 10/4/2015 18:05

It is a great pity the HK listing fell through. I'm still in but am very nervous about the Chinese involvement. Good operationally but they don't tend to care much about minority rights. Not sure how this is going to end - buyout of us minority shareholders or will it be kept public long enough to have another go at HK? May take another couple of years or so to have the production track record. Don't think it will prosper particularly on AiM.

[ukgeorge] 10/4/2015 16:37

where is the current listing and how do you sell?

[charles clore] 10/4/2015 16:24

It is very cheap at this price I agree but UK buyers are discouraged due to no UK listing. A great pity.

[satoshinakamoto] 10/4/2015 15:46

Chinese are not the ones selling, it's Joe public selling, in fact it's the Chinese that are still buying lucky for them at this price

[charles clore] 10/4/2015 13:08

It's those crafty Chinese, they want it all for themselves!

[rockybalboa] 10/4/2015 11:49

Very sudden and rather large drop for no apparent reason. Somebody knows something the rest of us don't??

[eke] 09/4/2015 17:05

Have we seen the bottom!

[griffin4] 08/3/2015 11:56

Last years AGM was chatting so someone called Mark and remembered him saying something about having to sell some due to something to do with property, but also remember him saying that this was his largest holding and had plenty more left which he intended to see through full production.

[satoshinakamoto] 08/3/2015 00:37

G4, yes how do you know Mark ?

[griffin4] 07/3/2015 11:59

SN, is your friend from Mark from London ?

[satoshinakamoto] 06/3/2015 17:23

As for Abuali Ismatov, a Non-Executive Director selling some of his shares, well so what, he still has three times that amount left, even a friend of mine sold more than that last year just to make some home improvements, all I'm trying to say is I would only worry if a director sold all of his shares.

[satoshinakamoto] 06/3/2015 17:04

HK listing was always a bonus for me, this company will be making a lot of money very soon, share price will be twice what it is now, the HK listing would have made the price even higher but they will list it later anyway,

[abacus23] 06/3/2015 14:57

What do you mean? UKGeorge,

As the HK listing failed, will they try for a main market listing? Will they stay on AIM? Will they try for a listing once production and revenue is up an running.

CB mentioned to me before about a option to list on HK exchange even if revenue is not being produced, obviously that angle failed.

I feel since the HK listing commenced, i feel they have slowed down with news, presentations etc, etc. It seemed they were after the HK listing and everything else didn't matter.

[ukgeorge] 06/3/2015 10:46

I think the rules for listing on Hong Kong is that you are required to have revenue, which obviously a explorer/developer does not have. So perhaps once in production they will retry to list there.

[pedr2] 06/3/2015 10:22

Agreed UKGeorge, on the face of it. Some large trades going through yesterday, though. One large buyer, I assume.
With the board's recent strategy to list in Hong Kong seemingly in tatters there's much uncertainty about where they go from here.
Unless they have another plan (maybe China Nonferrous buyout, but then why wouldn't they have bought CNG already by now?) they'll have to stick with AIM and try to build some bridges with investors?

[ukgeorge] 06/3/2015 09:34

China Nonferrous Gold Limited 中国377;色黄金有&480;公司 (AIM: CNG), the mineral exploration and development company currently developing the Pakrut gold project in the Republic of Tajikistan, was notified on 17 February 2015 that Abuali Ismatov, a Non-Executive Director of CNG, has disposed of 1,500,000 ordinary shares in the Company on 17 February 2015 at an average price of 26.04 pence each. Following this disposal, Abuali Ismatov owns 4,715,000 ordinary shares in the Company, representing 1.24% of CNG’s issued share capital.


not the best news

[ukgeorge] 06/3/2015 09:32

What do you mean?

[abacus23] 05/3/2015 15:27

Something's going on.

I emailed the company to find out whats happening, no reply as yet….

[abacus23] 18/2/2015 15:37

James,

Possibly. He has done it twice now. 17/2 & 18/2.

Hopefully the re-rate will begin soon!!

[jimlad] 18/2/2015 11:08

abacus Could it be selling some off to pay a year end TAX bill
James

[abacus23] 18/2/2015 07:19

Director keeps selling. Any thoughts?

At a time like this, when we were expecting a good re-rate??