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If you want me to analyse a stock for you just drop me a line at [email protected] - Today I look at shares in Chaarat Gold (CGH), Glanbia (GLB), Trinity Mirror (TNI), 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 protected] - Today I look at Chaarat Gold (CGH), Eden Research (EDEN), Mobile Tornado (MBT).
Like so many mining companies on AIM, Charaat Gold (CGH) has failed to live up to expectations so far, but that could soon change. The company owns the Tulkabash mine, in the Kyrgyz Republic, and is currently awaiting news on the full Definitive Feasibility Study, due any time now, and from what it has so far released, it looks very interesting.
Following my previous update in May, AIM-listed, Kyrgyz Republic-focused, gold exploration and development company Chaarat Gold (CGH) has made a results announcement and notified of a £26,520 purchase of shares in the company at 9.75p each by Finance Director Linda Naylor. However, the shares have subsequently fallen further to currently trade down at 8.5p, capitalising the company at £21.3 million...
Top broker Numis has recent completed a site visit to the operations of Charaat Gold (CGH) and concludes that shares in the AIM listed miner are a buy at 8p with a target price of 30p. Its report is a detailed 16 page note.
Prevailing market sentiment and conditions and consultations with stakeholders, including key investors and shareholders, have seen AIM-listed, Kyrgyz Republic-focused Chaarat Gold (CGH) decide that “now is not the time to commit cash flow to small scale production and that fast-tracking a definitive feasibility study, together with a continued focus on the development of infrastructure, is the optimal route to deliver the value of the Chaarat deposit.
AIM-listed Chaarat Gold (CGH) is currently targeting becoming a low-cost gold producer from the development of its Chaarat gold project in the Kyrgyz Republic.
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 a couple of weeks ago.
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