Previously updating on Kyrgyz Republic and Armenia gold company Chaarat Gold (CGH), we noted we considered there further upside potential following something of a recovery from recent lows below 22p despite there also $70.5 million of net debt to factor in. This week there comes a fundraise and debt reduction. Good news, no?
Chaarat Gold (CGH) has updated on the third quarter of the year, noting “a strong Q3 operational result and continued progress at our Tulkubash project” despite COVID-19 and “events” in its countries of operation…
Chaarat Gold (CGH) has updated investors with news including “following the recent political disruptions in the Kyrgyz Republic, Chaarat confirms that its projects in the country have not been materially impacted”…
Chaarat Gold (CGH) describes itself as an “AIM-quoted gold mining company with an operating mine in Armenia and assets at various stages of development in the Kyrgyz Republic”. The shares commenced 2020 at 35.2p, with the gold price then below $1,550. The gold price is now above $1,950, but the shares are still available at a 38.9p offer price – with the company most recently updating earlier this month…
So the London Stock Exchange (LSE) has just sent me 24p. Fear not, I shall not spend it all at once but on what do listeners think I should splash out? Meanwhile Graham Neary is just too nice to FastJet (FJET) today and unless he can start to act a bit more like a complete and utter bastard I fear that I shall have to fire him as he just won't fit in at ShareProphets. I explain why Fastjet is toast. I look at Charaat Gold (CGH) and also at how sometimes we get carried away by short term events and ignore the bigger picture - I refer in this case to Nighthawk (HAWK). I also ask why after 18 days African Potash (AFPO) has not sued me for libel for pointing out that it is a fraud? Go on you mothers I want to see you bitchez in Court. The gym I refer to is HERE.
Gold seems to be in an uptrend so maybe it is time to get a bit of exposure to the gold sector once more? But how? We adsked ten writers connected to this site and/or speaking at UK Investor show on Saturday if they had to bet the ranch on one stock what would it be?
If you want me to analyse a stock for you just drop me a line at email@example.com - Today I look at shares in Chaarat Gold (CGH), Iofina (IOF), Manx Financial (MFX) and Xcite Energy (XEL) setting share price targets for all four stocks.
If you want me to analyse a stock for you just drop me a line at firstname.lastname@example.org - Today I look at shares in Chaarat Gold (CGH), Orosur Mining (OMI) and Xcite Energy (XEL) setting share price targets for all three stocks.
If you want me to analyse a stock for you just drop me a line at email@example.com - Today I look at shares in Chaarat Gold (CGH), Glanbia (GLB), Trinity Mirror (TNI), setting share price targets for all three stocks
I have not covered myself in glory with AIM listed gold soon to be producer Chaarat Gold ( CGH). I first tipped the shares at 45p in May 2010 and indeed gave them another bullish write up at 24.375p just acouple of weeks ago.