Central Rand Gold Ratings

SELL by Room101 on 20 Sep 2013 10:37

Price at rating: 26.20, now:

Be careful, you are buying into a mining company that hasn't and will never make a profit, IMHO of course. Do research as it's all there for you, remember they raised $6.9 mil after fee's, they have lost $4.5 mil for the 1st 6 months. Another dilution to come when they go for the next 5 mil, still costs over $2000 oz to produce. Topslice but don't get locked in, GL

Score: 100.00

SELL by Room101 on 19 Sep 2013 15:03

Price at rating: 29.75, now:

I hope lots made good money from this yesterday and today, I do recommend sell as it has to retrace. As 1 person so far has pointed out it costs over $2000 a oz for this lot to get gold out, the $7.25mil invest is nothing great, they lost $4.5 mil this first half year. If and when the crusher arrives the circuit upgrade isn't due until early 2014, their problem is working in a mine of very low grades and in mines worked for over 1 hundred years, on top of this AMD which will take years etc. So if your in profit I highly recommend you take it, good luck

Score: 87.50

SELL by Room101 on 18 Sep 2013 09:04

Price at rating: 8.00, now:

Get your money out while the sp has risen a fraction, it won't stay there long. What an update, who said these clowns don't know what they are doing? Bad to worse, plant should have been up and doing it's thing, absolute shambles

Score: 0.00

SELL by Room101 on 16 Sep 2013 11:15

Price at rating: 7.05, now:

Blown well over £100,000,000. Lost over 4.5 mil since beginning of this year, coming back for another 5 million from shareholders making another dilution. This has more chance of hitting 6p soon, people catching onto this alleged scam now

Score: 26.25

SELL by Room101 on 13 Sep 2013 00:45

Price at rating: 7.25, now:

Ceo is taking shareholders to the cleaners, under the instructions of Redstone of course

Score: 76.25