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CGH Share Chat - RSS Feed

Chaarat Gold Share Chat (CGH)



Share Price: 8.12Bid: 8.00Ask: 8.20Change: -0.005 (-0.06%)Faller - Chaarat Gold
Spread: 0.20Spread as %: 2.50%Open: 8.12High: 8.12Low: 8.12Yesterday’s Close: 8.125


Share Discussion for Chaarat Gold (CGH)


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dingdong7
Posts: 4,104
Off Topic
Opinion:No Opinion
Price:25.50
comical
23 Aug '12
a tick down
 
scubaz
Posts: 10,950
Off Topic
Opinion:No Opinion
Price:25.50
CGH
23 Aug '12
25.45p to buy 25.15p to sell. Close to break out?
scubaz
Posts: 10,950
Off Topic
Opinion:No Opinion
Price:24.75
CGH
23 Aug '12
ON the rise
scubaz
Posts: 10,950
Off Topic
Opinion:No Opinion
Price:24.75
China and miners
22 Aug '12
China has to find another way of satisfying its voracious appetite for gold. And the way they’ve done that is by mining the stuff. According to Grant Sporr, of Deutsche Bank “China is currently the largest producer of gold at 11.9 million ounces in 2011...”

Not only do they mine a lot of gold, they also keep a tight hold of it once it’s out of the ground. But they’re not content. That’s why they’ve been sniffing around looking to buy more mine capacity overseas. That brings us to Africa…

Buying miners could be a great business

China has the biggest currency reserves in the world, but their gold holdings are pretty insignificant. According to the World Gold Council (2010 figures), the EU has nearly 16,000 tonnes; the US over 8,000 tonnes, while China has a trifling 1,000 tonnes. China needs to catch up.

They can do that by buying mines. By doing that, they'll also avoid bidding up the price of gold. And that’s a fantastic benefit for China. If they can lock into African gold in the ground at today’s prices, all they need to do is get the stuff out of the ground and they could be building their gold holdings for years to come.

I’ve previously argued that the gold miners are cheap. Today, most of the large miners are trading on earnings multiples in the low teens. I’ve not seen them this cheap before
_Yoda_
Posts: 411
Off Topic
Opinion:No Opinion
Price:24.75
.
22 Aug '12
Tic toc,tic toc!
scubaz
Posts: 10,950
Off Topic
Opinion:No Opinion
Price:25.00
dingdong7
22 Aug '12
VGM going nicely so far, CGH has got to go soon
dingdong7
Posts: 4,104
Off Topic
Opinion:No Opinion
Price:25.00
blimey
22 Aug '12
they've been holding this back now for almost a month..

what are they flipping waiting for?!!
dingdong7
Posts: 4,104
Off Topic
Opinion:No Opinion
Price:25.00
scub
22 Aug '12
lovely work on VGM..
dingdong7
Posts: 4,104
Off Topic
Opinion:No Opinion
Price:25.00
ig index
22 Aug '12
are a gang of sheisters;

its a spread betting service vegas. only for use when one does not want to pay tax. not under any other circumstances;
scubaz
Posts: 10,950
Off Topic
Opinion:No Opinion
Price:25.00
dingdong7
22 Aug '12
Have done the same bought another 15k :) SHG doing well and VGM up over 12%





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