Proactiveinvestors recommends
Stocktube video
21/05/2012

Chaarat Gold CEO looks to a long term stabilisation plan agreed with the govt

View full size
Additional Information
Market: AIM
Sector: General Mining - Gold
EPIC: CGH
Latest Price: 17.75p  (-1.39% Descending)
52-week High: 45.50p
52-week Low: 17.50p
Market Cap: 44.46M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Watchlist/Portfolio

Add to watchlist:

Only registered members can add into watchlist !

Register here !
Chaarat Gold
www.chaarat.com

Chaarat Gold is an exploration and development company operating in the Kyrgyz Republic.  The Company’s main activity is the development of the Kiziltash and Tulkubash projects situated within the Middle Tien Shan Mountains of Kyrgyzstan, which form part of the Tien Shan gold belt.  The Company has delineated a JORC compliant mineral resource of 4.406Moz at a grade of 4.20g/t gold across both projects. Chaarat's key objective is to become a low cost gold producer; with initial production from the Tulkubash project, targeting annual production of over 200,000 ounces per annum as the Kiziltash project comes on stream.

Full Chaarat Gold profile here
Is CGH a Buy, Sell or Hold?Get your FREE analysis of CGH
Pdf

Chaarat Gold chairman Palmer-Tomkinson buys company shares

24th Oct 2011, 3:05 pm by Jamie Ashcroft Chairman Christopher Palmer-Tomkinson now owns 10.1 million shares, which represents around 4 per cent of the company

Chaarat Gold (LON:CGH) this afternoon told investors that its chairman Christopher Palmer-Tomkinson has increased his stake in the company by acquiring an additional 100,000 shares.

Palmer-Tomkinson bought through separate deals shares on Friday and today. He paid an average price of 27p a share.

The chairman now owns 10.1 million shares, which represents around 4 per cent of the company.

Last month, the Kyrgyzstan-focused firm revealed its half year results, saying it had made steady progress in its bid to begin production late next year or early in 2013.

Its flagship Chaarat project is split between two main deposits - the Kiziltash underground mine (also referred to as the ‘contact zone’), and the Tulkubash open-pit project.

The project contains 4.736 million ounces of gold in total indicated and inferred resources and the firm aims to become a low cost gold producer - with first production coming from the Tulkubash project.

When the Kiziltash project comes on stream too, the company is targeting combined annual production of more than 200,000 ounces per year.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.