Central Rand Gold - CRND Stream Log

Have you read this today? On the operational front, CRG has temporarily suspended its water-constrained underground mining activities to focus on its previously mothballed opencast targets. The suspension of underground operations took place after State water organisation Trans-Caledon Tunnel Authority called for an upgrade to the company’s high-density sludge plant, which lowers underground water levels. Until that upgrade is complete, which is expected in early 2015, the company will focus on opencast targets, where mechanical ripping and other rock-breaking technology provides access to between 91 000 t and 350 000 t of gold-bearing reef with grades of up to 2.5 g/t. A return to the high-grade underground working areas will be reassessed once the sludge plant thickeners are upgraded and the water table lowered.

So they have another unusual bidder for this AMD well, Mr Tang And Mr Gu most have nearly sold their 13million shares between them, clever boys.

My buy of 20000 was marked down as a sell

here we go again!

This is like taking candy from a baby, no wonder the market makes so much money, in this case it's a Chinese whisper that has got people running for their wallets. Yet 18 months ago or so at the last indaba crnd couldn't give itself away, it's in a worst predicament now than ever but it's had two MOU's allegedly, go figure that one out? Is this kosher my boys???

With regards to my previous message concerning the \\\\\rns dated 12.6.2012 I believe CRND upgrade the resourse gold to inferred gold a dfference of $5.40 per oz or on 30m oz about $162M to be added on to the price

mistake date of report 12.6.2012

Independent person report 12.6.2012 date 12.6.2014 gold price $1600 value of CRND low $147m mean $201m high $255 total for 36 million oz any comments

RNS: Another offer on the table from Ankong!!!!!

the bubble has burst yet again