yes all agreed, i sold out when it reached 25p the first time thinking we would consolidate. i think the reason we didn't was because blackrock was in the middle of buying £12m shares for 5% stake in the company.
agree it has the feel of being held now. and that pretty much all the ingredients are there for lift off.
I see the finalisation of the mining legislation in parliament coming soon. they have re-commenced capex spend so they must be confident. they are either fully funded or pretty close to it. expect to move to producer status in H2 2013.
given the govt has announced the parameters of the mining legislation - to my mind there dont seem to be large risks to CGH getting to producer status and at this level it represents excellent value vs risk.
Thanks mate, i bought in here last week with a stake as i have been watching it ever since the rise to 30p couple months ago. was waiting for the charts to stablise... It surprised me that it didn't dip back to 20p but also shows the huge potential... Great support at current levels and been some v large buys coming in. Think its being held atm.
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