be_cool
30 Jun 2016
I don't get it We are in net profit yet so is down....why???
Simbr
07 Jun 2016
Re: the next steps ahead Panmure Gordon note out this morning on Research Tree: "Following today’s announcements we place our recommendation and earnings forecasts under review. Central Rand Gold has entered into a binding Joint Venture Tolling Agreement with a third party supplier of ore for the sourcing and processing of gold- bearing material through the metallurgical plant at Central Rand Gold. The Tolling Venture envisages the processing through the Company’s metallurgical plant of a minimum of 18,000 tonnes per month, commencing from July 2016."
Simbrad
07 Jun 2016
Panmure Gordon note out this morning on Research Tree: "Following today’s announcements we place our recommendation and earnings forecasts under review. Central Rand Gold has entered into a binding Joint Venture Tolling Agreement with a third party supplier of ore for the sourcing and processing of gold- bearing material through the metallurgical plant at Central Rand Gold. The Tolling Venture envisages the processing through the Company’s metallurgical plant of a minimum of 18,000 tonnes per month, commencing from July 2016."
rRomeo29
07 Jun 2016
Re: the next steps ahead ...28 months later.
rRomeo29
07 Jun 2016
Re: the next steps ahead ...mid price currently at 3p.Anything above 3.10p (50-day MA) gives the first bullish signal, while continued investment from New York fund could mean that CRND actually does sit on gold : )))Final bullish confirmation as soon as the massive 5.25p wall is climbed.(As usual, CRND might be good for a nice "summer hype".)
beans777
23 May 2016
Re: Zak's Daily The way central rand is going cant see any kind of recover anytime soon.....
beans777
23 May 2016
Re: Zak's Daily The way central rand is going I cant see any kind of recover anytime soon.....
kracken
04 May 2016
Re: Zak's Daily I hope you are correct Zak
kracken
04 May 2016
Re: Zak's Daily Central Rand Gold has confirmed it will defend a move to wind-up CRG SA by Puno Gold Investments Proprietary.CRG SA is Central Rand Gold Group's principal operating subsidiary, holding all of the group's mining and prospecting rights.Central Rand Gold says that given the recent finding of the High Court of South Africa to uphold the company's appeal with costs in relation the dispute with Puno, as announced on 11 April, the board believes this to be the latest strategy from Puno to frustrate the operations of the company.Hope you are correct but this was only yesterdays news.The company says the board considers the application to be without merit and has engaged legal advisers to defend the action.At 9:34am: (LON:CRND) Central Rand Gold Ltd share price was -0.5p at 3.25p
Jitter
04 May 2016
Zak's Daily Central Rand Gold (CNRD): Triangle Target at 7pIt looks as though we have signs of recovery here at Central Rand Gold. This is perhaps something not entirely surprising given the way that the shares have spent an extended period building a base, and perhaps just as importantly, considering how much Gold and precious metals have rallied so far this year. All of this goes to suggest that provided we get a decent weekly close back above the recent 3.75p resistance for the beginning of May, either this week or next week, we can look to a decent recovery. The favoured destination at this point is as high as the top of a broadening December triangle, with its resistance line projection heading to the 7p zone, just above the 200 day moving average at 6.5p. The time frame on such a move is expected to be as soon as the end of this month.[link]
rRomeo29
29 Apr 2016
Re: the next steps ahead 28 weeks laterFinally the bounce back up. Hopefully the 4p line will establish as a long term support again. Some on LSE mentioned a new target price of 5 Pence. Hmmm.First bullish alert since 3.75p breached. New, long term buy confirmation comes as soon as 4p is climbed (mid price).
rRomeo29
06 Apr 2016
Re: the next steps ahead 28 days later...One month later, let's take a look how our beauties are doing : )) After the weeklong consolidation, the Sp now struggles hard at the 3.75p line.Next bullish alert only IF 4p barrier is climbed.Hope we won't have to wait for 28 weeks later before anything happens! Personally I don't mind if the Sp spikes up or down - as long as it moves (thus generating income on your bet).
rRomeo29
04 Mar 2016
Re: the next steps ahead Well then,It looks the Sp has finally stabilized within that 3.75p. range.---------- - the rebound and initial contact with the 50-day MA lead to a normal technical bounce- the sudden capital announcement put additional pressure- it remains safe to hold as long as the 3.75p support is maintained (otherwise goes 3.12p)
the old trout
08 Feb 2016
More large trades today 08-Feb-16 16:16:22 4.25 200,000 Buy* 4.00 4 .25 8,500 O 08-Feb-16 08
2:52 4.10 200,500 Sell* 4.00 4.25 8,221 O The earlier trade was released later to make it look like a sell but small sells were going through at 4.07 or 4.08 at the time so its either a buy or we have a market maker who is very keen to accumulate.T
5TAG
08 Feb 2016
Re: RNS It seems my source is correct and we are pumping at 72 - 84 mega litres per day. If the water level is dropping at approx 0.25 metres per day as he intimated then, as we are currently at 143 and we need to reach 185 to look at recommencing underground work, it will take approx 170 days to reach that level. I have calculated a return date of end July 2016. If we allow for periodic maintenance and breakdowns / electricity shortages its my opinion based on the information available that we are on course for September 2016 almost 3 months before the board has stated. Perhaps they are just being cautious? As for the raising of funds via private investors, I see this as a positive move from our recent position, especially as we have Gold on the rise again. Would I have sold back in July last year, yes. Would I look to invest at this level, absolutely. Obviously DYOR. I'll post the levels again in March.
