Central Rand Gold - CRND Stream Log

I see the S.A.G have passed the mineral rights bill through, entitles them to 20% free ownership, all in the news of course

News related to the GoldPlat RNS. "Meanwhile, to provide a source of high-grade material for processing at Goldplat’s main plant, in Benoni, the company had obtained the right to mine ore from Central Rand Gold's Crown East No 4 shaft. Mining was undertaken by a third-party contractor. Moritz said the small-scale operation operated profitably for the period under review and the company intended to continue the development and “opening up” of this project. “This constant investment in our recovery operations underpins our commitment to ensuring that we maintain a competitive service offering and stronghold on gold recovery in the area at GPL,” he said." .......Looks like GoldPlat isn't too worried about the rain and electricty and continues to invest their cash in the CRND project.

I see Room101 has been busy! He so far has posted nearly 80 SELL ratings for CRND (yes, eighty, crazy, isn't it? You'd almost think he has an agenda here.....). The AMD pumps will be up and running soon, don't worry. Regarding the ESKOM electricity outages and recent heavy rains news articles you he has dragged up as reasons to sell CRND....I don't see anyone in South Africa exiting mining stock. Indeed, none of the mining companies in South Africa have released an RNS stating this would be an issue, which they would be legally bound to do if there was a material impact. In fact, the CRND listing on JSE was up on Tuesday and is still nearly 100% up from a couple of weeks ago, clearly people in South Africa still think this is a good share to hold or even buy into.

AMD plant still not up and running for another month at least

Court case Crnd lost against Puno with costs

Eskom power problems, like the smelters use to make gold ingots

Remember, read the news about the serious floods in S.A.

Yep, thought that would tickle you

Shall post again tomorrow, look forward to your ramping and ignorance of the current news which affects Crnd

WoW! do I have two having a little moan