Trans-siberian Gold Share Discussion Threads

[jeanesy] 11/9/2019 11:06

What is going on here ? A very savage drop today !

[jeanesy] 10/9/2019 19:44

Quite a drop today as people take profits !

[phillkay] 06/9/2019 11:16

Thanks Mattjos / casual47 - I'll take a look at the CGH BB. Are people taking profit now do you think given the RSI is well over 70? Quite a bit of selling going on, what do you guys think?

[mattjos] 03/9/2019 19:38

don't necessarily agree. This is a very specific high-grade gold miner, just now opening up a new even higher grade area of the mine. This gives the company exceptional leverage to the price of gold & investors should expect a good rise in market value and also a good rise in the dividend.
I see more upside to the share price from here

[troy] 03/9/2019 14:43

Ok. I've given up second guessing where this is going to stop as nothing goes up in a straight line !

Sold half on the double last month and got back what I'd put in, left the rest to ride and glad I did. It all can't be based on the gold price, someone knows something.

[mattjos] 30/8/2019 21:51

For immediate release: 26 November 2003

The following is the text of an announcement issued by Trans-Siberian Gold plc
on Tuesday, 25 November 2003

Trans-Siberian Gold plc

Trans-Siberian Gold floats on AiM

Shares open at 4% premium
Raises #16.0 million for the development of gold projects in Russia.

LONDON: 25 November 2003 - Trans-Siberian Gold plc (TSG.L), ("Trans-Siberian"),
the UK-based mineral resources company with major gold interests in Russia,
successfully made its debut on the AiM market today with the shares opening at
156p, a 4% premium to the 150p placing price.

TSG had expected to raise only #10 million but strong institutional demand
encouraged it to go for a larger amount and institutions have provided TSG with
#16 million of new equity, 60% more money than it initially intended to raise,
to finance the further development of its gold mining projects in Russia at
Veduga, near Krasnoyarsk in western Siberia, and at Asacha/Rodnikova in
Kamchatka province in the far east of Russia...….

[jeanesy] 30/8/2019 20:25

A great finish to the week here :)

[casual47] 28/8/2019 12:23

Polymetal took a 3.5% shareholding in CGH last week, at a premium to the current SP, which may be a vote of confidence of sorts. The CGH BB probably best place to discuss.

[mattjos] 28/8/2019 10:45

sorry, CGH does not interest me

[phillkay] 28/8/2019 10:43

ps. any thoughts on CGH?

[phillkay] 28/8/2019 10:27

What was/is the IPO price Mattjos?

[mattjos] 27/8/2019 20:37

Paying a dividend, strong gold price environment .. immediate increase in production commenced in June and longer term we have a new asset now in hand.Reasons to keep hold far outweigh any i can think of to sell so, i will simply keep watch & reinvest my dividends here for the longer term.I should add that Management seem far, far above the normal dross on AIM .... their reporting, corporate governance & recent video interview - all most impressive & I am very happy to see my investment grow. Shame could not get more before the penny dropped with others.Shares are mainly In my SIPP & ISA and will stay there for the long term. No reason why these wont go over the IPO price at some point.Success breeds success in business & also attracts opportunities .. these chaps have the characteristics too build a long-term very successful business.

[fozzie] 27/8/2019 20:29

Whats your target here Matt? Looked a gift at 50p, not sold any and sitting firmly on my hands. If POG keeps on rising as is the consensus then these surely have much further to go.

[jeanesy] 27/8/2019 19:42

Moving nicely. Not sure what my target is here but happy to hold atmo :)

[mattjos] 27/8/2019 19:17

New closing high again

[jeanesy] 24/8/2019 11:26

A 20k buy reported late and strength in POG should surely see this move upwards again early next week :)

[scottishfield] 22/8/2019 16:27

Nice climb here today.

[ali g2] 20/8/2019 16:01

Glad to see from have support from above!!! Church of England Pensions Board

[run12] 20/8/2019 09:18

A lot of investment funds are very jittery about tailings dams following the Vale failure and have been seeking assurances from mining companies.
I saw a report recently issued by Glencore having checked all their facilities. Something they do on a continual basis.

[jeanesy] 20/8/2019 07:57

Dont know what to make of the RNS this morning. Can anyone help ?

[casual47] 16/8/2019 10:32

There is a lot of similarity and overlap between your chairman and largest shareholder Charles Ryan and Chaarat's chairman and largest shareholder Martin Andersson.

They have had a very similar career path, most of it in Russia, and have had close dealings, both being invested in and directors of Brunswick Rail before it got taken over (Brunswick Rail was co-founded by Martin Andersson)

I wouldn't rule out a partnership of sorts between TSG (UFG) and CGH at some point in the future....

[casual47] 16/8/2019 10:21

The hedge is immaterial as the bigger picture of Chaarat as a company (and reason for its underlying valuation) is the putting into production of Tulkubash (95k oz pa, simple open pit heap leach operation) for which they are seeking project finance funding. About 30% of the initial capex is already covered through a JV arrangement with mining contractor Ciftay which values the Kyrgyz assets alone at $252m (compare: mcap is $145m). The rest will come from debt (I think, imo, likely to be EBRD and a consortium of banks, possibly Russian).

While the Kapan M&A provides 65k oz eq pa its role is really only to act as a cash cow by providing cash flow for the group as a whole and further down the road an opportunity to take out more debt on it. They have already reduced total debt of Kapan by a quarter. (Acquisition price was $55m, $5m paid in cash, debt has been reduced by more than $12m. NAV was calculated as $70m based on reserves only and 5 years LOM as per 2018 data, both LOM and R&R will be increased substantially, report due end of q3)

[rolo7] 16/8/2019 09:55

Cgh hedged 40kozs at 1200,$ not so good

[rhuvaal2] 15/8/2019 10:45

Tremendous rise here, might soon be an adept move switching to CGH (Chaarat Gold) which is a conglomerate in the making: Former Soviet Union etc. I am a holder in both