Central Rand Gold Forum

Thought I would put together a few pieces of info on Crnd, as most seem to only post positive without solid news, mine is always negative or are my eyes open? It's debatable I suppose! I do smile at all this sp nonsense based on what if's, many investors believing all is going fantastic with Crnd, yet no news to confirm this. Sp has risen a little and probably will rise again tomorrow, even if there is no rns, a certain poster I call 1 watt/guest will have to answer this post but without any concrete news, just his wishes and blind judgement that all is great here, he feels it in his AMD water!!! As for Eskom having difficulties supplying power over the last few years, maintenance shut downs coming, 1 watt believes this will have no impact on Crnd as he posted, yet they use electricity. AMD rises 0.28 mtrs per day, has for the last 6 months since the last measurement of rising AMD was mentioned, this means AMD has risen roughly 50.4mtrs in those 6 months, the treatment plant is not up and running until roughly March beginning of April, maybe June as mentioned in Sabinet S.A as in PRINT!!!. AMD treatment plant to run 24/7 when it does start, this will put a large strain on Eskom, so before you invest with too much money, have a read of these news articles which I have not printed, nor are they biased, it's just straight forward news which affects this company. If any link does not work at least you have the address to find it yourself Eskom News:- [link] AMD treatment plant update/ note the electrical demand piece:- [link] Before someone mentioned ever heard of fuel, yes and it's going up again :- [link] AMD date for treatment plant here a bit different, here they give June date, but you have to subscribe to sabinet:- [link] Levies on AMD :- [link] Mining companies to have a BEE partner by end of this year, yet Crnd took Puno to court, having been telling investors for some years now it was going to arbitration, Crnd lost their case with all costs due to not implementing arbitration, more money wasted :- [link] Court case :- [link] So Crnd IMO are a gamble, it may pay off, it may not, but here is definite news not hype/tripe posted by 1 watt/guest, look forward to your knowledgeable reply 1 watt regarding Crnd with facts in print if you don't mind.

Evening 1 watt/guest, lots of hype on the boards!

If risk up then will not gold price also go up?

This and sologold look good for next week.

You seem to be worried about this news I have posted? Off now for some tea

Let others decide if it's important to them, stop trying to speak for others, Eskom news-[link]

Oh engine fuel, yes it rings a bell and is much dearer than electricity from a supplier, cutting costs is a prerogative here is it not

Last time of trying to open your eyes, what does the mills run on? what does the rest of the machinery run on, I doubt if it's AA batteries, there's more to electricity than you seem to think, but hey hoo you are the one that knows what's what

Again a over the top response, who said ecl will be breached? What may happen is that the pumping of amd does falter due to Eskom's inability to supply electricity 24/7 as the news mentions their problems, stop being a drama queen

It is irrelevant to you, as you do not grasp the implications of what may happen as it has over the last few months/years, again read what it says and if your having trouble ask mummy