Room101's Ratings

SELL CRND by Room101 on 22 Jun 2014 22:12

Price at rating: 9.65, now:

Wow! Even the one's that were adamant CRG will come good are now not singing their praises, do they smell something is about to turn pi's over again. How can I put this, whatever is going on it's not straight. Be wary of a so called large Asian investor getting involved with large promises, false promises from a false prophet, sink hole is trying to take more money in from who ever. AMD problems, they also realise that the treatment plant with those pumps are insufficient to do the job, five year plan for more plants, pumps are needed here big time. I like their claim on all this proposed gold they may get too one day, they kept spelling out how this use to be the best place for gold, living on the past to take money from the gullible to pay their inflated wages, I also see the arms length of Redstone is working, set up is nearly complete for Redstone, be on your guard!!!!!

Score: 33.75

SELL CRND by Room101 on 04 Jun 2014 22:06

Price at rating: 10.03, now:

I hear "Rabbit out of a hat" chances!!!!! Gold far to low for this company to produce, they need a minimum of $1500 to $1600 an ounce to stand a slim chance here. Scenario, cash burn now hurting, do they risk asking for more from Pi's, no I don't think so, will be telling all soon that they either need to raise money or go into care & maintenance. Result, Redstone offers to buy remaining shares at a paltry figure or uses it's wait to claim the company from closure by taking it all over for nothing saving company and workers. This is a stitch up that has been worked for the last year, not be long now before news starts to leak out. Warnings are there for all to see!!!!!!!

Score: 75.00

SELL CRND by Room101 on 27 May 2014 00:30

Price at rating: 10.51, now:

Lots of people unhappy, I see that the company has let all down again, no surprise here then. AMD still rising as pumps are not working fully, had problems with the cradle holding the pumps, more weeks/months of uncertainty. Now I here people saying they will turn this around, really? They needed extra milling capacity and bigger machinery to cope with the much harder rock, everything to be milled over and over before getting to the gold, is the circuit finished yet? 7p on the cards soon and down from there, just nothing to boost the gold output here at all, Ceo looks like he's in peril, move over here come the Chinese!!!!!!!

Score: 37.50

SELL CRND by Room101 on 16 May 2014 13:49

Price at rating: 13.50, now:

With a RNS like that it's definitely time to get out and wait some years here, $2425 per ounce!!!!!!!!! What a joke, doesn't even mention the AMD rise and pump problems!!!!!!

Score: 100.00

SELL CRND by Room101 on 02 May 2014 15:47

Price at rating: 14.75, now:

What an absolute load of rubbish being posted here today, news? What news? S.A. has been flooded for weeks, the incoming water will equal what's to be pumped out maybe. The circuit is still not up and running although it was meant to be in January, gold is way below what this company can achieve through their stooping method, this is going to hurt many in their pockets, if this company had anything positive to say it would have today, hook, line and sinker. Don't believe what I say as usual, try doing some ruddy research and find out how dire things are here

Score: 97.50

SELL CRND by Room101 on 13 Apr 2014 23:01

Price at rating: 15.38, now:

Excess AMD in West Rand a big problemr r Posted on 03 April 2014. Tags: acid mine drainage, drinking water supply, featured, jan jacobs, mintails, mogale gold, Trans Caledon Tunnel Authority, West Randr r acid mine water image r Acid mine waterr r r r Related Postsr ◾Major milestone in AMD fightr ◾AMD solution expected to provide long-term sustainability benefitsr ◾Africa’s largest AMD plant to go live soonr ◾Land owners are now liable for AMD after sale of landr ◾New pump station to combat AMDr r Approximately 30 million litres of acid mine drainage (AMD) is spilling out to the surface in the West Rand every day owing to the recent heavy rains.r r Mintails Mogale Gold general manager of operations Jan Jacobs says the conversion of a nearby high-density sludge plant to a pumping station had stopped surface decant for 17 months. The station, managed by the Trans Caledon Tunnel Authority, can pump, treat and discharge 27 million litres of AMD per day. However, the discharge rate has increased to 30 million litres per day following the recent heavy rains, rendering the pumping station’s capacity insufficient.r r According to Mintails chief financial officer Eddie Milne, it is unlikely that the discharge rate will slow naturally. He says Mintails has approximately 35 megalitres excess capacity atits pumping and treatment facilities and has offered the use of it to government at cost price. This would bring total capacity to around 70 megalitres per day, enough to stop the decant.However, an agreement is still pending.r r The AMD is posing a critical danger to the future drinking water supply nationally. The excess AMD is currently flowing, untreated, into the Tweelopiespruit, which flows through the Krugersdorp Nature Reserve, before joining other tributaries leading to the Vaal Barrage. Jacobs says the Tweelopiespruit now has no fish or frogs and is essentially dead.r r r

Score: 100.00

SELL CRND by Room101 on 28 Mar 2014 00:28

Price at rating: 17.25, now:

As the minister stated, these pumps are to stop the AMD reaching the ECL, Really? Why are they saying more pumps and treatment plants are needed for each Basin??? What they don't want to mention is that the AMD is unstoppable without further treatment plants, these floods have now exacerbated the problem big time here!!!!

Score: 100.00

SELL CRND by Room101 on 18 Mar 2014 00:09

Price at rating: 16.40, now:

I am justifying my big sell here on the evidence Vin1 on LSE has reported, the link to the report is there, it confirms that the whole basin from East to West is connected, pump out 1 mine area you have to pump out all area's. The only way the so called resources are ever going to be reclaimed would mean more pumps and treatment plants at a massive cost, this confirms my sell predictions of a money swallowing hole!!!!!!!

Score: 97.50