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    <title>CRND Share Chat Feed - London South East</title>
    <link>http://www.lse.co.uk/</link>
    <description>CRND Share Chat Feed - London South East</description>
    <language>en-gb</language>
    <lastBuildDate>Sat, 04 Feb 2012 07:47:18 GMT</lastBuildDate>
    <copyright>2011 London South East</copyright>
    <docs>http://www.lse.co.uk/rss/</docs>
    <ttl>5</ttl>
    <item>
      <title>[lizzerabaste] Ken</title>
      <author>lizzerabaste</author>
      <description>Morning mate. 9th and 22nd??</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727968</link>
      <pubDate>Sat, 04 Feb 2012 07:44:08 GMT</pubDate>
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      <title>[Rigger] monday morning</title>
      <author>Rigger</author>
      <description>Will be top up time.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727967</link>
      <pubDate>Sat, 04 Feb 2012 07:43:42 GMT</pubDate>
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      <title>[k.j.k] Lizzererbaste</title>
      <author>k.j.k</author>
      <description>I think we are very very close to news now and we have two key dates to look for would to i.e. 9th and 22nd of  Feb. we also have production update to look for would to pono court date and result. This month could be our time for a big rerate of the share price and the making of this company.
Ken</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727962</link>
      <pubDate>Sat, 04 Feb 2012 07:33:53 GMT</pubDate>
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      <title>[k.j.k] leoni</title>
      <author>k.j.k</author>
      <description>Do not take it to hart but you do need to cool it dawn and know when to back off and yes I could be guilty of that one before any one says. Everyone is getting annoyed on this board and on iii  with the constant sniping at posters on this site from a poster on iii stop encouraging that poster by replying on this board and let people deal with it on that iii board 
Ken</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727960</link>
      <pubDate>Sat, 04 Feb 2012 07:07:41 GMT</pubDate>
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      <title>[glasgowpunter] Some Light reading</title>
      <author>glasgowpunter</author>
      <description>Some light reading for a Friday night...Think I will read that in the morning lol. Great info though when skimming through it!</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727408</link>
      <pubDate>Fri, 03 Feb 2012 22:09:19 GMT</pubDate>
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      <title>[Tenacious] Part 7 (final part!)</title>
      <author>Tenacious</author>
      <description>Current investors seemingly are older ones, probably rebrought or down waiting for progress slightly disgruntled. Or newcomers, that have seen the licence back, but don&amp;#8217;t really get the full details and &amp;#8220;waiting for news&amp;#8221; not really getting what news its about. This has lead to mass consolidaiton from the 700% rise, and people eager for some sort of news. But from what we have been told, its all in hand. Gold set to be bullish, so a producing miner, misunderstood so under priced by the market, seems to me, a good idea. 


Figures from IMS, obviously a point of view. 
Meanwhile gold just hit 1735&amp;#8230;&amp;#8230;.chart technicals looking to turn uber strong if continues.

THANK YOU VIC - WE ARE NOT WORTHY!! :o)
</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727313</link>
      <pubDate>Fri, 03 Feb 2012 21:39:16 GMT</pubDate>
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      <title>[Tenacious] Part 6</title>
      <author>Tenacious</author>
      <description>Further in the past directors had next to no stock. Did they care about the firm? Did they care if they sold? Not really. As they wouldn&amp;#8217;t get anything from it. Before the licence was official (they annouced it was coming back) they issued large options, and now have a large interest. They still have to pay 1p, 1.5p and 2.25p to buy these shares, with the 1p option ready now, others later. So now they will have a major interest, with &amp;#8220;us&amp;#8221; as shareholders. So a huge positive. 


Future:

Proven gold production will spike the SP quickly

Acid mine waits for final approval on budget. Works will spike the SP quickly. Why? As their gold reserves will increase when the water drops, allowing them to mine lower. Talks in place for them to pay to dewater from the ECL down to 450mbs. Thus a lot of gold

This is mine 1, they have 2 more in a ready state. But will need some cash spend to open them up. This from the net profits could be done in house. 

They tell us in the outlook, they using this hybrid idea by minequest, they can basically get the UNDERGROUND works to 35k to 50k oz (they say tonnes in error in the IMS). So when surface runs out, undergrond can later ramp up. 

PUNO &amp;#8211; CRND are forcing them to arbitration, so they can force sale of Puno shares, and we can get a new partner, new financing, without new dilution (26% partner out, new one in)


We were told &amp;#8211; sale in the IMS. 

CRNd rejected all takeover approaches when we had the issues. Now issues have been solved. They stated it was pulled due to the licence issue. Now we have it back, an email from the director stated they would re-consider it, if best for shareholders. Thus it could be on the cards, with them proving more. Acid mine drainage is an issue hanging over their heads, but the TCTA solid work mean in a matter of weeks, annoucements will be made, works will start. 


So like a film this started out as nonsense, and derampers, less clever, the clueless will try and tell you about the old CRND. The fact is, they lost everything and had to start again. The surface ore, the underground back to basics approach, and the acid mine being sorted, anyone really doing their research could have an epic rebound here. Anyone glancing doing brief readings will conclude &amp;#8220;high risk&amp;#8221; or base an assumption on the old facts. Indeed the recent &amp;#8220;analyst&amp;#8221; report on &amp;#8220;hotstoxxx&amp;#8221; on the JSE, which its name &amp;#8220;Hotstoxxx&amp;#8221; should warn any decent investor to stay clear from, based all assumptions on the old media hype, connecting Kenny to the mine, yet again, and basing everything on past facts not new. While they have Puno to sort, acid mine etc, the news should be reletively quick. IF they mine as they said they will on the IMS, the cash flows vs our extreamly damaged and overlooked market cap, will be very healthly. Due to several mines ready to go, and more in the pipeline, and lowering acid waters, and CRND pump</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727310</link>
      <pubDate>Fri, 03 Feb 2012 21:38:38 GMT</pubDate>
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      <title>[Tenacious] Part 5</title>
      <author>Tenacious</author>
      <description>Hence we can ramp this year to 12,000 tonnes of ore from underground. Plus as much as we can put through via the remaining surface area. The market doesn&amp;#8217;t get this. They think we have still failed, or havent proven this. They think we producing around 1k oz per month. Shh don&amp;#8217;t tell them as&amp;#8230;&amp;#8230; 

Production:

We have an inhouse machine capable of turning ore to gold ok. The CIP. We are told it procssed 98,096 tonne sof ore from Jan to september. So I will assume here we can put through around 10,000 tonnes of ore a month via the CIP. When turning the mine grade to gold, we lose around 7% (improvement). 

We have a bateman processor also but currently this isnt being used &amp;#8211; why? As we lose 23% of the gold value so needs an improvement. But there. 

So 10,000 a month? That sucks as we cant turn ore to gold. However. The Mintails deal. People do not get this. Mintails will simply take our ore, and process it. Mintails was set up to squeeze gold from very very low grades, of gold waste (tailings). Thus they can get excellent recoveries. We have been told, we have a contract of 30,000 tonnes over 90 days. Thus 10,000 tonnes will be produced via mintails. 


Rough maths

Surface mining, 12,000 tonnes a month, grade 4.5g/t. = 54,000. Turn to oz from grammes = 1,736 oz per month. 

10,000 can be processed via Mintails. Another 2,000 via the CIP. 

This leaves, 8000 left, that the CIP could sort of the surface ore. 8000 x 2.7g/t (for stockpile, will lower in the year due to the ROM wastepad etc above) = 21600 = 695 oz per month. 

Thus current production, without the bateman upgraded, with mintails, is around 2430 per month. 

CRND state the surface mining will be run out shortly, as 56,483 stockpiled, plus say the low estimate of 53,000 left by mid year. YET &amp;#8211; that&amp;#8217;s as they may process the surface while the underground ramps up. If they do 12,000 tonnes underground, 8000 surface, they can actually get that for 12 months. Depends how they balance it. Hey have a lot of stockpiles. Hence they should be on ramp up be able to hit around 25,000 to 28,000 oz per year. Note I have lowered it as the above maths does not take in account the 7% dilution when processing the gold. 


Gold has just hit 1735! And rising. So using 1735 = 42.5m (USD) gross sales planned. 


Net sales? 

We are told in the IMS again, in the latter period we produced 4,928 oz, at a cash cost of $1401 per ounce. But&amp;#8230; you cant just use 1401. As they increase production, our costs obviously for staff, rent, bills, are fixed. In the minequest it proves some of the LOWEST mining costs using this handheld method. Hence it will drop drastically , so use around $1100 worst case. Net sales are huge. 

</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727308</link>
      <pubDate>Fri, 03 Feb 2012 21:38:22 GMT</pubDate>
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      <title>[Tenacious] Part 4</title>
      <author>Tenacious</author>
      <description>As less of an impact to the huge over the top drills (that idea was thick right on a already mined, mine), they could quickly produce gold. Via contractors so less staff costs. Way more flexible to do so. Minequest also confirmed for the first mine only, they could get upto 35k oz using a mix of handhelds and machines, even 50k oz per year. 

We were told the double void issue, only effected a small area. Basically when the old miners came back out of the mine, there was an area in, and a unmapped area out, so it didn&amp;#8217;t materially effected the available reserves. 

Further, TCTA had finished their designs, tenders were out. And apart from now the final confirmation of financing, action is happening. The water level actually being lower down than expected. With the western basin works helping somewhat slow down the central, while the pumps are used. 

So&amp;#8230;.. CRND issued the fact they, despite the issues, despite the closure, had whacked up a record 14,000 oz. Cash is short. But this was all ignored. See the last IMS. And heres where it gets interesting:

http://demo.crg-sa.com/wp-content/uploads/CRD%20IMS%20v7%20171111_final1.pdf

Maths &amp;amp; mining

Surface mining. Some silly posts out there today. But they have SOME surface mining capabilities. And during the underground crisis they used it well. They stated they have:

56,483 tonnes of ore simply stockpiled. As in gold containing rock scattered about the area, mined, ready to be processed. Average grade is given as 2.73g/t. We have an estimte of 53,000 tonnes to 102,000 tonnes left. &amp;#8220;Spenser&amp;#8221; area has good grades. But &amp;#8220;ROM PAD CLEANUP&amp;#8221; is only 1.6 &amp;#8211; 3.2g/t. The low grade is the ore, just left there, from the failed mechanised drilling. The stuff that had the ceiling and walls cave in diluting it. Good news is we can still get something from it. Hence we have stockpiles, and some ore left to process. So leave that for a second and lets look at underground. 

Underground:

We have 200,000 tonnes of ore, ready to be mined, before having to spend money developing the mine to a lower level. We have been told this is down to 210mbs (remember this is only mine no 1). It tells us the best, for 2012, we can do is 12,000 tonnes of ore a month using this new method, without any upgrade (so before we can get to the full 35k oz to 50k oz in the Minequest report0. They tell us the plan is to increase and maintain 12,000 tonnes of ore per month, for 12 months (basically while the acid mine is sorted / to get cash). The average here is given under &amp;#8220;conventional stopping&amp;#8221; which is MINED (so you get a grade usually for the gold in the rock, but misleading, as when you mine you will lose a large part of that grade. This is AFTER mining) of 3.6 to 5.5. Lets use an average of 4.5g/t
</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727307</link>
      <pubDate>Fri, 03 Feb 2012 21:37:53 GMT</pubDate>
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      <title>[Tenacious] Part 3</title>
      <author>Tenacious</author>
      <description>They ordered (a few months before) pumps to deal with the central basin. This ultimately proved to be an increadible decision. 

But the market &amp;#8211; sure, all this was very very speculative. CRND had fallen year on year. Brand name awful. So why would you invest? Was only for the brave. It was ultimately around 1p, give or take. 

Final killer blow. Due to all the delays, the failed promises from the old management on 1m oz a year and huge job creation, they had received their mining licence from a shady character called Kenny Kuene, a former convict. Who convinced the locals of the jobs, probably banging the same 1m oz, huge business, as the old management. When they were awarded the licence, they had to under the conditions, provide jobs and spend money in the area (such as local schools, local projects, as miners do). As they hadnt done this, the DMA (mining department of the government) didn&amp;#8217;t just give us a warning. They came in and pulled the licence. At this point CRND was worth the value of their equipment in a fire sale. SP crashed to 0.2p, spiked to a low of around 0.16p. De-rampers out in force. So what now? This should have been it. The slow death of a firm originally built on lies, with the new management doing well but falling on the last hurdle&amp;#8230;

This is all that matters now:

They carried on. They forght the decision in court. AS they had the pumps (euro3.5m) ordered and ready for the Acid mine drainage issue, and as the south african government had been so slow to act, the only way for the TCTA to deal with the issue in time, was to use these pumps. It went to court, CRND case was strong anyway due to various issues. Turns out Kenny Kuane also, the guy that got our licence, supported the opposition, not Zuma. Funny that the DMA head that closed them down in double quick time, best mates with Zuma, did so with a media circus stating &amp;#8220;Kenny Kuanes mine closed down&amp;#8221;. CRND later issued an odd (odd to some) RNS stating kenny wasn&amp;#8217;t an owner, just a very small part of the stock. Hence the closure was ultimately political. Many mines have way more offences than CRND. Regardless the court case was dropped. CRND ultimately have their licence back, and that issue is now gone&amp;gt; its almost the same as a brand new one, as everythings been confirmed as valid. Ok that deserves a correction. So what now? 1p level is back. Can we still mine?

The strategic review finished, and we subsequently had an update. But as this was BEFORE we had the licence back, a lot of it was ignored. This is where investors need to do their DD. We were told the failed drilling of the past was being replaced with handheld jackhammers, going down the mine, mining a 1 metre cube. Thus if the walls were loose and ready to crumble, quick action could be taken to strenthen the area. As less of an impact to the huge over the top drills (that idea was thick right on a already mined, mine), they could quickly produce gold. Via contr</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727306</link>
      <pubDate>Fri, 03 Feb 2012 21:37:14 GMT</pubDate>
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      <title>[Tenacious] Part 2</title>
      <author>Tenacious</author>
      <description>The analysts visited the site, saw everything was ready to go, and gave them a 12p target. Further news that the government will sort the Acid waters issue, even utilising their own firm Watermark (set up by several miners under WUC a not for profit environmental solution, side topic, not relevant). So all exciting. New production equipment was ready in the form of the Bateman and CIP, so that ore produced, could be in house turned to gold quickly. Flipping back during 2010 when the Sp was down to 15p, they had to raise cash. Important note, they raised it at 2p, but, every 2 shares you owned, you were offered 5 shares at 2p. So the SP when it fell here, DIDN&amp;#8217;T FALL APPLES FOR APPLES as people thing. The Sp fell ultimately from 5.7p (new average from any holder) to later to around 3p. So people that see the old 100p share price need to factor in the 5 extra shares for every 2 SHARE SPLIT. So they had cash, everything ready, nice 12p target for year one&amp;#8230;.. Then to top it off the government stated they had allocated (finanly) funds to deal with the acid mine drainage. 

Sp was around 2p. You wouldn&amp;#8217;t have made a bad call ON THE FACTS if you took some here. It wasn&amp;#8217;t your fault really if you did as on the face of it, all was good. 

But

Lack of quick action from the government meant there was no solution to AMD confirmed. Just a loose commitment. 

When they mined with the large underground drills, due to the fact these mines have &amp;#8211; well already been mined, the walls are weak. Makes sense. So they ceiling, the walls, that didn&amp;#8217;t contain gold, fell in a heap. Picture that thing out of the labrynth, the goblins are cycling and there is mud, rock, dust everywhere. When everything cleared the gold ore, was mixed with all sorts of poor ore. Further when they tried to process, the processing lost another large % of grade. It was rendered useless, despite the pilot run. At this stage they had no way of mining, everything crashed. 

On top of that. The areas they thought hadnt been mined out, turns out they had been. So no gold was there (double voids). Oh dear at this stage no mining method, and now no gold in the upper surface areas to actually mine. 

This being a killer. Management were quick to act. They had never done a proper Feasibility study, mainly as this ISNT an explorers gold reserve, it was already a mine. Yet clearly they had failed, epic fail even, and no wonder the SP was worth around 1p on the face of these facts. Richmond a large holder kept selling daily, it was really rather a depressed time in the SP. They were quick and clever, something which they really have had no credit for. Management action - They:

Conducted a review of the voids via a 3rd party

They rused in engineers (minequest) to test a new way of mining. As the other way failed

They sold the equipment to stay afloat

Acid mine progress was slowly being made via the TCTA a hired 3rd party, to solve the acid mine iss</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727299</link>
      <pubDate>Fri, 03 Feb 2012 21:36:10 GMT</pubDate>
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      <title>[Tenacious] Worth a read - part 1</title>
      <author>Tenacious</author>
      <description>(Courtesy of Vic from ADFVN)

&amp;quot;Hello all,
Any investors in the year will recall me, we obviously have alot of new comers. I see insider tip, someone spouting alot of nonsense back when the Sp was falling a few months back, is back. having missed the 700%+ rise from when a few of us bite the bullet and took more at the lows, when the licence was taken (but on the face of it with the pumps it was decent odds on returning). 

Well bored of the blogs asking basic questions, people not doing DD, so this is a VERY BASIC write up, not for guys that really dig into details. But for new comers. So when we get the same old questions, we can just refer to this (or we can add / adapt), and link this to any nonsense being pulled on on old news, Kenny Kuane the sushi king, and all that old news that has no weighting. Sp I think again, now is a excellent buy. Risk is limited, if they can do what they state in the much ignored IMS, we will kick back up quickly. Take everything as usual with a forum piece of salt, DYOR as always. This is the basic, laymens, gist. Cheers (This is Vic from Adfvn)

Background in brief

Set up mine, promised 1m oz per year on listing. Raised money. Realism, acid mine water was moving upwards but kept on a level due to other miners pumping. Fact is, its mining areas that were mined out ages ago. Hence a play on increasing gold prices (which have soared even since then). They stated 35m of oz&amp;#8217;s over several disused mines they own, and had a licence for. But much of that was over 900 metres below the surface, and underwater. Many miners could state heavy numbers with gold unattainable. They quickly revised that to a more realistic 100k of oz. But other issues. This included:

Puno their BEE partner, who own 26%, as they lost money, sued CRND and tried to get them shut down for fraud. This was kicked out of courts. But damage to CRND was done already. They tried a second time later and also lost. CRND were due financing from their partner, but not supplied. More on this later

CRND promised the use of new and expert mining ideas from Australia. To teach the SA locals how its done. Thus ordered large machines (longhole stopping), drills, this took way longer than expected to come. You cant buy them in the local Tesco. Then imagine trying to get a Frightliner truck / HGV, down the tube entrance to Leister square. You cant, you have to reopen out the mine, spend money to get the larger equipment set up. Mining is hard. During this time the acid mine issue got worse due to miners who were pumping, going BK. Thus now the SP was slipping more. 2009 credit crunch hit also, everything sold off hard. So now multiple effects killing CRND, they had due to delays, other exchange effects, lost balance sheet value. They managed to pilot the drill machine when it finally came which worked but low gold numbers. So during 2011 they looked all set for a revised, and far more sensible, 45k Oz.&amp;quot;</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727296</link>
      <pubDate>Fri, 03 Feb 2012 21:35:13 GMT</pubDate>
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      <title>[Tenacious] dyor - CRND does not need ramping!</title>
      <author>Tenacious</author>
      <description>anyone that has done due diligence and appropriate research will (1) understand why CRND is a sound investment (2) understand why, month by month, the risk steadily descreases, (3) understand why CRND simply does not need wild ramping and (4) be able to adequately deal with the inevitable onslaught from the derampers once CRND starts its inevitable rerating back to 3,4 or even 5p

I did keep a copy of the recent post from Shark and Vic - i will find it and repost as a reminder to use long term investors (I have been in CRND over a year) and will be a good starting point for the research of the newbies here.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4727274</link>
      <pubDate>Fri, 03 Feb 2012 21:30:28 GMT</pubDate>
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      <title>[lizzerabaste] Wilky</title>
      <author>lizzerabaste</author>
      <description>Yea mate, v v busy. Sucks lol. Yea ref POG - it has been talked about goin up and up and up but who knows. I guess if it goes to a ridiculous price we'll all be in bother as surely it'll be a sign of severely worsening times? We will just have to live off the profits here :)
</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726745</link>
      <pubDate>Fri, 03 Feb 2012 19:02:07 GMT</pubDate>
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      <title>[leoni] Nobody</title>
      <author>leoni</author>
      <description>Needs to filter as this will be my last post on here.
I'm not a bad person just thought would have a go at getting board moving.
A few even said they found me funny.
Never was an intention to be the person everybody can vent anger on.
Lizzer feel really weird at moment so shows I'm not bad.
Haven't moaned for ages and tried completely opposite way recently.
It's just me cant help being me all people are different.
I take things to heart and so yes wash a lot for me to digest just now.
No 12p party for me :0(
Good luck to you all thought would have made some good mates here.

Leoni!

</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726617</link>
      <pubDate>Fri, 03 Feb 2012 18:30:18 GMT</pubDate>
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      <title>[wilky84] Lizzer</title>
      <author>wilky84</author>
      <description>You alright pal, been busy I take it?

Yeah all looking really good, I know it's gone quiet but settling around 1p without news is very good. Some predicting POG at $2500 per oz by the end of the year! optimistic? Maybe, but only going in one direction.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726599</link>
      <pubDate>Fri, 03 Feb 2012 18:27:09 GMT</pubDate>
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      <title>[lizzerabaste] Wilky</title>
      <author>lizzerabaste</author>
      <description>Things all look good mate. POG up again and will prob continue re rated YES. We are def going places this year</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726535</link>
      <pubDate>Fri, 03 Feb 2012 18:16:56 GMT</pubDate>
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      <title>[wilky84] Geckoman</title>
      <author>wilky84</author>
      <description>Great post for a newbie ;-)

Spot on, with what's going on with world economy and every body investing in the gold stuff as a safe haven, also with china buying so aggressively POG is only rising one way, who knows to what levels it can get to!

As soon as CRND demonstrate to the market that they are producing gold and give some production figures the share will get re-rated IMO and bigger investors will start to look at CRND in new light! As mentioned by other posters a name change would be beneficial to go with the much improved company.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726473</link>
      <pubDate>Fri, 03 Feb 2012 18:05:35 GMT</pubDate>
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      <title>[Geckoman] ken</title>
      <author>Geckoman</author>
      <description>Thanks for that, never realised I could filter. Lizzer cheers for saying what needed to be said. 
 
Going back to the real point of this board, which is to share views and information, I think part of the reason that the market is neglecting value in gold miners (as a general rule) is the rise of ETFs. Why risk all your money in just one company when you can simply track the price of gold, runs the argument. There is merit in this view, which investors have been quick to see, hence the fact that many miners have been in the doldrums since 2001 when gold's meteoric rise began in this cycle. Well, that and the fact that gold miners have been only too happy to dilute the value of the equity through loading up on debt and repeated share issuances. This would allow them to keep drilling rather than actually mining. 
That probably made sense when gold price was close to/even below mining cost for many companies, but with the price now, actually getting the stuff out the ground is now looking rather attractive.

If CRND can convince a sceptical market that here is a company that REALLY intends to ramp up production - and starts to demonstrate it - then the SP could really start to shift. Smarter minds than I have done some cracking valulations of true value of CRND on this forum already. DYOR - but IMHO unless we see a crash in gold price thor CRND changes their declared direction re production figures then this will go rapidly north even without AMD resolution this year.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726416</link>
      <pubDate>Fri, 03 Feb 2012 17:55:03 GMT</pubDate>
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      <title>[k.j.k] lizzerabaste</title>
      <author>k.j.k</author>
      <description>I will post in the morning mate ,have a good weekend
Ken</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726339</link>
      <pubDate>Fri, 03 Feb 2012 17:37:51 GMT</pubDate>
    </item>
    <item>
      <title>[lizzerabaste] Ken</title>
      <author>lizzerabaste</author>
      <description>Have a good one mate</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726295</link>
      <pubDate>Fri, 03 Feb 2012 17:30:48 GMT</pubDate>
    </item>
    <item>
      <title>[k.j.k] All</title>
      <author>k.j.k</author>
      <description>Got to go ill catch up in the morning

Ken</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726282</link>
      <pubDate>Fri, 03 Feb 2012 17:29:28 GMT</pubDate>
    </item>
    <item>
      <title>[lizzerabaste] Glasgow</title>
      <author>lizzerabaste</author>
      <description>Enjoy ure weekend mate</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726254</link>
      <pubDate>Fri, 03 Feb 2012 17:23:30 GMT</pubDate>
    </item>
    <item>
      <title>[lizzerabaste] Eyeballs</title>
      <author>lizzerabaste</author>
      <description>Cheers. Had to be said.

Soooo no AMD announcement yet. Would have expected by now, but hey ho, we don't!  SP settled around 1p which is good considering it was looking like going lower.

With regard to announcement trends, we can't really go by that because simply, there are no trends other than the annual report in April. Although I would imagine we will get an update re AMD from somebody at sme stage in the near future. Hopefully ZUMA speech next week will be positive and enlighten us somewhat. 

I think, because of the nature of the SAG and the way things have been dragged out in the past we have investors sitting on the sidelines waiting. IMHO is def a matter of when and not if anymore. We all get impatient and Want things to move at a faster pace but I urge all to take counsel with themselves and settle themselves that we are on the right road and have almost reached our destination. Just look at his as a rest stop! 

ATB 
Lizzer</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726247</link>
      <pubDate>Fri, 03 Feb 2012 17:21:13 GMT</pubDate>
    </item>
    <item>
      <title>[glasgowpunter] Lizzer</title>
      <author>glasgowpunter</author>
      <description>Totally agree with your message! Have a good weekend all! </description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726230</link>
      <pubDate>Fri, 03 Feb 2012 17:17:10 GMT</pubDate>
    </item>
    <item>
      <title>[eyeballs] ken</title>
      <author>eyeballs</author>
      <description>Cheers for that. Couldnt see it for looking!</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726223</link>
      <pubDate>Fri, 03 Feb 2012 17:16:17 GMT</pubDate>
    </item>
    <item>
      <title>[wilky84] Lizzer</title>
      <author>wilky84</author>
      <description>Not harsh, needed saying. Sick of it, as I said earlier no debates anymore, just post after post of rubbish and any decent posts get lost amidst the mindless drivel!

Bring back the 0.2p days........</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726198</link>
      <pubDate>Fri, 03 Feb 2012 17:13:12 GMT</pubDate>
    </item>
    <item>
      <title>[k.j.k] eyeballs</title>
      <author>k.j.k</author>
      <description>filters above posting click on it and put the name in the box</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726197</link>
      <pubDate>Fri, 03 Feb 2012 17:12:53 GMT</pubDate>
    </item>
    <item>
      <title>[eyeballs] lizzer</title>
      <author>eyeballs</author>
      <description>Welcome back. great post.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726175</link>
      <pubDate>Fri, 03 Feb 2012 17:09:37 GMT</pubDate>
    </item>
    <item>
      <title>[eyeballs] ken</title>
      <author>eyeballs</author>
      <description>How?</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726166</link>
      <pubDate>Fri, 03 Feb 2012 17:07:47 GMT</pubDate>
    </item>
    <item>
      <title>[lizzerabaste] Leoni </title>
      <author>lizzerabaste</author>
      <description>Do you have anything to offer this board other than mindless drivel? You do NO research at all yourself unless you refuse to share it(which I doubt). You then fill the board with your immature ramps and doom and gloom posts about how worried u r. This behaviour is not good for. U r this board. I kindly ask you to offer something to the board, just one well structured post with something other than copying someone else's POV. You are, on your own, destroying this board! 

I have not posted for a while in any great depth for a number of reasons, one of which is there isn't much happening at the min, and secondly most of it is filled with you asking simple questions when a quick look on the company website would answer it. DYOR!!  

Some may see my post as harsh, but those that have been here a while will know this is out of the ordinary for me and quite out of character. 

ATB 
Lizzer</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726163</link>
      <pubDate>Fri, 03 Feb 2012 17:07:33 GMT</pubDate>
    </item>
    <item>
      <title>[k.j.k]  guys and girls</title>
      <author>k.j.k</author>
      <description>give it a break,. eyeballs u can filter on here</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726142</link>
      <pubDate>Fri, 03 Feb 2012 17:04:17 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] Thanks</title>
      <author>leoni</author>
      <description>Eyeballs I'll take it on board</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726114</link>
      <pubDate>Fri, 03 Feb 2012 17:00:04 GMT</pubDate>
    </item>
    <item>
      <title>[eyeballs] leoni</title>
      <author>eyeballs</author>
      <description>He may be a newbie but had got your number already. Its a shame there is no filter button on here cos i imagine a lot would use it for you. (in the nicest possible way)</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726049</link>
      <pubDate>Fri, 03 Feb 2012 16:53:01 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] Lol</title>
      <author>leoni</author>
      <description>Ok newbie (in the nicest possible way)</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4726021</link>
      <pubDate>Fri, 03 Feb 2012 16:50:01 GMT</pubDate>
    </item>
    <item>
      <title>[k.j.k] vic post  @12.56  NO16151</title>
      <author>k.j.k</author>
      <description>From advfn

http://www.info.gov.za/events/2012/sona/index.html

Ah ha! Some useful poster sent this. Totally forgot. So ZUMA gives his long speach, pre budget the week after. This will definately mention action, always in a bullish way, on AMD. So we get to chew on that between main courses.

(what Monday expected RNS??? huh?)</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4725585</link>
      <pubDate>Fri, 03 Feb 2012 16:14:40 GMT</pubDate>
    </item>
    <item>
      <title>[Geckoman] leoni</title>
      <author>Geckoman</author>
      <description>In the nicest possible way, give it a rest. You blame others for deramping, when I think the case could be made for some of your posts being (somewhat hysterical) ramping. Thanks</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4725582</link>
      <pubDate>Fri, 03 Feb 2012 16:14:37 GMT</pubDate>
    </item>
    <item>
      <title>[SHUM] CRND</title>
      <author>SHUM</author>
      <description>buys cmoing in 465k buys gone thru at 1.08p</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4725126</link>
      <pubDate>Fri, 03 Feb 2012 15:43:40 GMT</pubDate>
    </item>
    <item>
      <title>[watchya] CRND</title>
      <author>watchya</author>
      <description>Can something please happen...i'm feeling in recession.  :-(</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4724617</link>
      <pubDate>Fri, 03 Feb 2012 15:03:16 GMT</pubDate>
    </item>
    <item>
      <title>[Jeremiah99] Re : Dilution</title>
      <author>Jeremiah99</author>
      <description>Just read on iii that since the old days of 40p-45p, we have 4x more shares in circulation, so a plausible  target when well on the way to full production would be around the 10p mark.

Fair point, but I would also factor in the rise in the gold price over the last few years, it has about doubled this last 3 years, which obviously exerts a positive influence on the bottom line. 

In view of that, I would personally tend to up the potential target SP into the 15p-20p region.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4723415</link>
      <pubDate>Fri, 03 Feb 2012 13:21:55 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] People</title>
      <author>leoni</author>
      <description>Were getting down with no news.
A laugh and joke once in a while is not a bad thing.
It livened up board no end and Lizzer hasn't posted much long before 2 days ago.
Harmless fun which hasn't degraded the share and has atleast got board moving a bit.
All want same thing here all have done research and while waiting why not have fun</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4723116</link>
      <pubDate>Fri, 03 Feb 2012 12:54:42 GMT</pubDate>
    </item>
    <item>
      <title>[Orientfrance] CRND</title>
      <author>Orientfrance</author>
      <description>Useful post on WET re State of the Nation address on 9th Feb. AMD is hot topic in SA now. Will Zuma say or DO something?</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4722945</link>
      <pubDate>Fri, 03 Feb 2012 12:41:22 GMT</pubDate>
    </item>
    <item>
      <title>[wilky84] Hartley</title>
      <author>wilky84</author>
      <description>First sensible post I've read all day........

Going silly this BB now, gone from investors discussing and debating the share, using research and knowledge to a circus!

Ken - can you blame lizzer for stepping away for a while, think I'll join him!</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4722914</link>
      <pubDate>Fri, 03 Feb 2012 12:37:49 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] Shameless</title>
      <author>leoni</author>
      <description>Is a good show enjoyed it for many years.
I hear USA version is being made.
Now that is shameless</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4722911</link>
      <pubDate>Fri, 03 Feb 2012 12:37:41 GMT</pubDate>
    </item>
    <item>
      <title>[HartleyJR] This is a good share</title>
      <author>HartleyJR</author>
      <description>But by fk there is ramping going on Today.

Shameless

All I'll say is hold onto your shares but not your hat yet.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4722740</link>
      <pubDate>Fri, 03 Feb 2012 12:22:33 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] Ticking up</title>
      <author>leoni</author>
      <description>1.06/1.09</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4722217</link>
      <pubDate>Fri, 03 Feb 2012 11:41:17 GMT</pubDate>
    </item>
    <item>
      <title>[GEML] CRND Blog Post</title>
      <author>GEML</author>
      <description>Central Rand Gold CRND
Bought into Central Rand Gold CRND this morning after a tip from a friend. They appear to be due a rerating soon as their mining was suspended in S Africa but now that has been changed so that they have leave to appeal the stoppage of mining. Currently trading at just over 1p, they have been up at 14p a year ago and I am looking to make a profit here in the near future!

http://sharetradingonthelondonstockexchange.blogspot.com/2012/02/central-rand-gold-crnd.html</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4721768</link>
      <pubDate>Fri, 03 Feb 2012 11:03:11 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] Love </title>
      <author>leoni</author>
      <description>Being talk of the boards means people are paying attention!
Oh and Romeo and leoni sounds good together I think
Sadly one is Italian in name but careless in nature with a sharp venomous tounge
Anyway had enough of boring derampers
Speak all u like u bore me I won't reply</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4721536</link>
      <pubDate>Fri, 03 Feb 2012 10:43:03 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] Haaaaaaaaaaaa</title>
      <author>leoni</author>
      <description>Love it Romeo love it wooooooo
Ur amazing my best poster 
Scroll down a bit and I'll see how many people agree with you.
Whose the one who likes u oh yes city trader isn't it lol
Now toddle on 
And if you ever want to speak personally I'm up for a chat how bout it</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4721469</link>
      <pubDate>Fri, 03 Feb 2012 10:37:53 GMT</pubDate>
    </item>
    <item>
      <title>[leoni] I care</title>
      <author>leoni</author>
      <description>For all of you ;0)
12p party soon :0)
U are my brothers and sisters sitting on the wildest rollercoaster in the universe waiting with baited breath for all our dreams to come true.</description>
      <link>http://www.lse.co.uk/shareChat.asp?ShareTicker=CRND&amp;post=4721283</link>
      <pubDate>Fri, 03 Feb 2012 10:23:25 GMT</pubDate>
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