Central Rand Gold Forum

I am really sorry to say this BUT I cannot see a sale going through for this AMD well, the hype on a few occasions has allowed certain holders to sell their shares and make good money, it's the pi's who will be left holding worthless shares. I still cannot believe that one of the so called bidders has a preference over the others, that does not make sense nor would the others make a bid knowing one bidder can do a gazumping over the others, it stinks as I and others have never heard of such a tactic. I hope you do not put too much faith or money in this money swallowing exercise, hope I am wrong for the sake of pi's but as I said I cannot see it, good luck if you make some money but don't cry if there is a big foul smell coming.

My advise is to capitalise this week and then see the SP go up! up! up!

The Pumps are in place, some debts have been paid, revenue is gradually improving and China will see this company as a long term investment and will no doubt try and buy more of the surrounding land.

Everything is in place for a surge of CNRD share price rise. 10 days away. I think the positive news gold prices, CRND 2014 annual results and the MOU expectation will see SP move up quickly at the end of the week

So all this chat about the great offer is getting closer, many still believe then? 1 institutional holder of a few million, got them for a song and sold many off over time recouping their money many times over, all because people do not want to research or look at the history of this shower. Nothing here but misery for holders, basic info here:- [link]

From Charles Stanley this morning ..... Our View: Central Rand Gold announced on 20 May that it is to raise additional working capital through a placing of shares at 10p. We believe that with site visits undertaken by interested parties, the chances of a sale being concluded have improved. We raise our PT to 21p from 17p based upon the value of assets in production.

There is only 6 weeks to wait for an RNS on the bid of CRND. I think May with see this SP strengthen and rise quickly.

081 - 29/04 Buy 85000 12.00p £1,020,000.00 of CRND. Total purchase of CNRD for this mornings trading over 2m.

I think investors will start buying this share in May. When this SP rises it rises very fast. Investors who have done there research and want a large return with get in this stock and wait for it to go to 15 then 20 and up further. If you wait for the MOU announcement it will be too late.

The consensus is that CRND NV will be sold but will it go to a bid. The up-shot is it, could a and the SP would triple. The downside is the MOU doesn't do through and the SP stays at the resistance level of 11-15 SP.