Re: Volume Still here Totty. Watching and waiting. Would buy more, if funds allowed. Regards, Si.
Volume Massive increase in it today. Where is everybody?Chinese back in the frame or just rerating in line with rising price of gold?T
25% up
Re: Back in (again) You're not alone Si,The recent RNS marked a turning point for me and I strongly suspect that Du Toit was seen as a frustrating factor in negotiations by some of the more significant shareholders. With him gone it seems more likely that a strategic investment will be concluded and I see that we already have some oriental investors on the shareholders register:[link] some of them have added to their positions recently, but no matter, we now have recovery in the price of the commodity, ground water levels reducing and a return to underground mining now inevitable later this year. Those factors should see a gradual recovery in the share price, regardless of any bid speculation or strategic investment. They would just be the icing on the cake imho, as there is now a strong investment case here.I added yesterday and will do so again when we see the next leg up in the price of gold.ATB,T
Back in (again) Sold out at the start of August @ 13p, so thought I might as well.Great strategy, I know. lolGLA and HNY, Si.
Re: fundraising - 3p bottom? With a bit of luck, todays nasty downspike to as low as 2.60p has marked the bottom.Would truly hope so!Think about it:After a few hours the Sp immediately stabilized back above 3p. And whats more: The total dumbhead Johan has been kicked out for good!Makes two positive factors on the same day : ))Someone said he met Johan at Lidls supermarket the other day loaded with discout groceries.Well then, Johan Toit !!!
Re: fundraising - 3p Target about to be reached.Just got to love this chart-tech hunting game for the best share price!!!!!!---------- ----"The bottom could be around 2.25p! Quite a stretch from the good ol times. Directors likely to seek fresh funding at around 3p."
stu you was told - He was right about the price but frankly given the carnage that has occurred in the mining sector over the last few months, the fall here simply mirrors those elsewhere. As for any deal, if mr drake was correct about his assertion of no deal/jv months ago, then surely we would have been told.
Re: fundraising - 3p CRND slowly starting to stabilize as from 3.60p, with quite a few 50-100k BUYs going through today as from 3.75p.All who havent botherd to sell out (or been shaken out) might now be better off to sit out and see what company directors have to say in the next few weeks.
Re: fundraising - 3p The bottom could be around 25p, cough cough, sorry, of course I meant to say 2.25p!Yahh, that 2.25p is quite a stretch from the good ol times. Directors likely to seek fresh funding at around 3p, as someone eventually has to pay the executive salary.Also its best to readjust your automated buy-entry: New bullish trend only possible IF the massive 6.80p wall is climbed. To secure any sudden spike, its best to place orders at 5p, 6.10p and the mentioned 6.80p(Of course the entry price seems to be getting lower and lower by the hour.)
I see lulu rocks up here a couple of days ago and posts crap. At least try and deramp with an ounce of intelligence.
Re: fundraising - 3p ...CRND will soon seek fundraising at around 3p! Not sure though if they will be able to shaft all of those 10p PI's one more time.With the help of this weeklong (staged) decline from 15p and 10p, the market will see this as a soft landing down to 3p - instead of a nasty price crash that is was.Target almost reached.
Re: Depressing - 3p ...and our 3p target has almost been reached. This is how these kind of stories end. Now simply adjust your AT trailing stop-buy in case of a sudden swing, and simply follow the Sp wherever it wants to go.And the answers from Johann so far:1) "Will be out of the office untill 16.12."2) "Will be out of the office untill 31.12."Great way to earn directors salary!
Re: The Chinese are in town Sounds pretty positive to me:[link]
The Chinese are in town This might help explain this morning's activity:[link] co-incidentally the company's website is down........Just entered with 50k. As a former civil servant I know that Ministers like to make announcements at events like this, and that new mining Minister hasn't had much to say for himself since his appointment a few months back.....T