Central Rand Gold Forum

The SP of CRND has naturally dipped due to the MOU being pushed back 2 months. This has created some uncertainty for some investors. But it only means that more interested parties are involved. Such as: Huili Resources (Group) Ltd, Shengbang Jiabo (Beijing) Consulting Co Ltd, the Hiria Group and Beijing Ankong Investment

At last people seeing sense, why hold these shares and watch them keep falling, fairy story seems to be turning out bad as predicted

So the string on the carrot gets longer, now people are saying what a nice guy!!!!! He will say anything you want to hear, he will say anything to promote the company as it pays him well to do so, the market will tell you things to take your money and in the next breath it's all gone. This is business, they want your money so they can sell out at a profit which no doubt they have been doing for a good while now. Those that continue to believe this fairy story are going to be the losers here, none of this rns makes any sense when you read the original, who would want to give anyone extra time???? Ruddy gullible!!!

IG seem to be trading CRND now D.

Hi there, I have read over all your posts on CRND, somewhat different reading to the normal on this company. It seems nobody really gets involved with your comments and that you really drill any positive potential here to the ground. What is the problem with CRND and why are you the only one who is so against this company? Not being cheeky at all just curious as I am invested here..

Beingthebaker is an apt name, they were sells if you care to look, you are dealing with a small mine here in trouble big time and may have it's fingers in some unsavoury things. Interesting read here [link] in line with a reasonable sell for JSE, but it doesn't take much for a drop there.

Fingers are getting burnt, would be interesting if CRND is involved in any of this? [link] Always promising more gold but it never came, we shall have to wait and see

Traders will only pile in when news is imminent imo. Why tie money up for 30/40 days on the off chance there is that illusive surprise RNS. Besides they are all getting giddy on AFR, when that's sorted they can get back to making up stories about CRND

If, as many posters say, the city knows big news before it happens; wouldn't there have been significant movement before now if an offer was imminent? How much notice would they get over mere mortals anyway?

I have been invested here since news last year and managed to average down to 18p. Can anyone explain the process, should an offer be made? I understand that the SP will re-rate as soon as a firm offer is made and there might or might not be a bidding war. However, let's say it's 62p less effects of dilution and debt and the final price is 50p; in light of the fact only the assets are being sold, therefore, I will still have all my shares in and empty shell (old CRND), will I be able to realise the full sale value of 50p per share or could the SP suddenly increase or decrease. In other words at what point after the sale is agreed can I sell my shares and will I be able to sell them for the full value at point of sale?