28th April 2006:

UK smallcap opening - Cluff Gold sparkles on Investors Chronicle tip
LONDON (AFX) - Investors Chronicle 'buy' advice put the sparkle in Cluff Gold,
4-1/2 pence better at 78.5p

I must be crazy, trying to draw attention to a gold-mining stock in the midst of the current sell-off, but for what it's worth, this one could have decent prospects. "Shares" Magazine of 18th May 2006 also gave this stock a favourable comment in its review of all AIM shares.

Financially speaking, CLF is in a strong position, having raised 15 million in a placing in April. They have numerous prospects in their portfolio and attributable resources of 1 million ounces gold.

IN NO WAY am I suggesting that now is the right time to buy; rather it may be worth adding to a watchlist and looking out for as a potential resident of the bargain basement once the markets even out a little.

Without further ado, here's a nice chart and the AGM statement, released 18th May 2006. Comments, brickbats and plaudits are welcome, as ever.





Cluff Gold PLC - AGM Statement
RNS Number:1695D
Cluff Gold PLC
18 May 2006


Cluff Gold Plc (the 'Company')

AGM Statement


At the Company's AGM, to be held today at 10.00am at the offices of Maclay
Murray & Spens, 1 London Wall, London EC2Y 5AB, the Chairman and Chief Executive
Mr J G Cluff will be making the following statement:

'Ladies and gentlemen, it is fair to say that, operationally speaking, your
Company has progressed satisfactorily during the past twelve months adding
significant value in particular at the Baomahun project in Sierra Leone and at
the Angovia project in the Ivory Coast.

I must also mention the fund raising sponsored by BMO Nesbitt Burns which has
added approximately 15 million to our treasury, providing us with a strong
balance sheet and enabling us to advance two of our projects towards production,
whilst continuing an aggressive exploration programme elsewhere. I should add
that the larger proportion of the placing was taken by new North American
investors, mostly specialist mining funds. Their support and that of Nesbitt
Burns followed the commissioning, by Nesbitt Burns, of a due diligence exercise
into the Company conducted by the Toronto based Kilpatrick and Associates.
Amongst other comments Kilpatrick averred that Baomahun should evolve into a
multi million ounce orebody. This is very much the view of our technical staff
and it is our objective to validate that assertion during the current drilling
campaign, which will continue throughout the remainder of this year.

Two of our non-executive directors, Edward Haslam and Bobby Danchin, have
returned from a visit to Baomahun and to Angovia this week and it is their
dispassionate view that Baomahun is indeed evolving into a substantial orebody.
We will be announcing regular drilling results from hereon. This morning I can
report on the ongoing trenching programme which continues to yield notable
results such as 47m @ 1.41 g/t AU (including 8m @ 4.76 g/t) in trench 26; 11m @
3.58 g/t AU in trench 29; 50m @ 1.52 g/t AU in trench 30 and 29m @ 1.14 g/t AU
in trench 32. The importance of these results is that they suggest the possible
linking of the Western and Central zones into one structure whose strike extent
could be more than two kilometres. In comparison, the current resource of
518,000 ounces is hosted in structures with a combined strike of 700 metres. Our
previous drilling programmes were conducted to a vertical depth of up to 150
metres and at present the mineralisation is still open at depth and along
strike. Accordingly, the present campaign provides for further evaluation of
the orebodies to a vertical depth of 250 metres, as well as along strike below
the encouraging trenching results that we are encountering in our ongoing
trenching programme. We will soon be in a position to announce the results of
the first assays from this multifaceted exploration programme.

The Baomahun project is already the largest gold project in Sierra Leone and I
am glad that I can assure you of the sound relationship we have developed with
the ministry of mines, and in particular with the minister, who is himself a
mining man, having trained at the Camborne School Of Mines, whom I have known
for twenty-five years. I firmly believe that any difficulties which we may
encounter in Sierra Leone will derive not from political instability but rather
from damaged infrastructure. This has not impeded our activities to date but we
foresee challenges in securing power generation commensurate with the scale of
the project we envisage.

I turn now to Angovia, a gold mine in the Ivory Coast which was in operation
between 1998 and 2003 and is located on our 534 sq km exploration licence. We
are acquiring from the Ivorian state mining company, for a sum equivalent to
approximately $200,000, assets which include a significant part of the plant,
all of the housing and other facilities. We are presently undertaking a resource
definition drilling programme which is planned to be completed during the next
three months and which we hope will enable us to optimise the development of the
oxide material currently estimated at between 200,000 and 300,000 ounces. By
reason of our acquisition of much of the plant we would anticipate development
costs under $10 million which we expect to fund without recourse to the banks
for project finance. The project's returns should therefore be eminently
satisfactory. In addition to the oxide resource potential there is a 500,000
ounce sulphide resource potential as previously announced. This resource
potential is open along strike and at depth. We can therefore anticipate a
sustained level of production from that operation. The political circumstances
of the country have been complex for the past two years. It is now clear that
the situation has stabilised and the de facto division of the country into two
halves, the legitimate government in the south and the rebellious factions in
the north, could well be resolved by national elections presently being planned.
From our point of view, we judge that there is presently no consideration that
will deter us from proceeding to mine our deposits.

Moving now to Burkina Faso and the Kalsaka deposit. The reserves there have been
recalculated by RSG Consultants and are estimated to be over 300,000 ounces. The
project has a resource of approximately 600,000 ounces together with 150,000
ounces at our nearby Yako prospect. In addition there are four identified drill
targets, which have been drill tested in the past with positive results, at
Kalsaka. The combination, therefore, of this level of ounces, complemented by
the significant increase in the gold price, have led your Board to determine to
proceed with the development of the project which is expected to yield in the
region of 60,000 ounces per annum. We are now in the process of arranging
project finance with our bankers, RMB Resources Limited. Politically speaking
Burkina Faso remains stable.

Our remaining project is an exploration licence in Mali on which we shall
commence drilling towards the end of the year.

The emerging markets and the commodity markets have this week been assailed by
severe turbulence. One can only be philosophical about this and conclude that
it creates an attractive environment for a potential investment opportunity in
the Company.'


For further information, please contact:

Cluff Gold Parkgreen Communications
J.G. Cluff Cathy Malins / Annabel Leather
Tel: +44 (0) 20 7340 9790 Tel: +44 (0) 20 7493 3713

More good news: RNS out yesterday.


Cluff Gold PLC - Angovia Update
RNS Number:7249G
Cluff Gold PLC
26 July 2006

26 July 2006

CLUFF GOLD PLC

Encouraging drill results from new satellite deposit,
Angovia Gold Project, Cote d'Ivoire

Cluff Gold Plc ('Cluff Gold' or 'the Company') today announces the receipt of
further assay results from the ongoing reverse circulation ('RC') drill
programme at the Angovia Gold Project ('Angovia' or 'the Project') in Cote
d'Ivoire.

Highlights:

* Sixty two holes completed, totalling 4800 metres of drilling to date

* New ore body confirmed at Prospect AN2, about two kilometres from the
proposed central processing plant

* Best intersects:

* ARC105 intersects 20m @ 3.39 g/t AU (including 1m @ 43.27g/t AU)

* ARC055 intersects 19m @ 6.23g/t AU (including 2m @ 49.53g/t AU)

* Potential for resource estimation for Angovia to increase
significantly when new drill data is incorporated

* Ore from all four satellite deposits to be treated in a central heap
leach plant

Please click on the following link to see a map of Angovia and the location of
the four satellite deposits (Prospect 1, Prospect 2, Prospect 3 and AN2) drill
tested to date:

http://www.rns-pdf.londonstockexchange.com/rns/7249g_-2006-7-25.pdf

Assay results have now been received from holes drilled at Prospects 4 and AN2,
where a new ore body has been confirmed. Prospect AN2 is located about two
kilometres from the proposed plant site at Angovia.

Cluff Gold purchased some drill data covering Prospect AN2 from COGEMA, the
previous license holder (as announced in March 2004). However, no validation
drilling had been done to date and the previous resource estimation for Angovia
produced by SRK consultants (as reported last year) did not include Prospect
AN2. The Company therefore anticipates the potential for the resource
estimation at Angovia to increase significantly in the short term.

Below is a table of some of the significant intersections encountered in holes
at Prospects 4 and AN 2:

Hole ID Dip (degrees) Intercept From (m) Prospect Comment
ARC93 45 5m@1.71g/t 15 AN2
ARC94 45 2m@3.36g/t 54 AN2
ARC96 45 4m@0.71g/t 14 AN2
ARC97 45 5m@1.14g/t 12 AN2
ARC98 45 7m@1.21g/t 17 AN2
ARC99 45 11m@1.66g/t 17 AN2
ARC99 45 7m@1.21g/t 43 AN2
ARC100 45 11m@0.94g/t 0 AN2
ARC100 45 5m@1.63g/t 19 AN2
ARC101 45 7m@1.63g/t 45 AN2
ARC102 45 2m@8.96g/t 6 AN2
ARC102 45 11m@1.43g/t 35 AN2
ARC103 45 5m@1.04g/t 48 AN2
ARC103 45 10m@1.00g/t 58 AN2
ARC104 45 7m@1.33g/t 4 AN2
ARC104 45 3m@2.73g/t 15 AN2
ARC104 45 23m@1.83g/t 47 AN2
ARC104 45 5m@3.41g/t 34 AN2
ARC105 45 20m@3.39g/t 10 AN2 Includes 1m@43.27g
/t from 23m
ARC048 55 4m@1.05g/t 15 4
ARC048 55 1m@8.98g/t 45 4
ARC053 55 7m@2.19g/t 0 4
ARC055 55 5m@1.63g/t 55 4
ARC055 55 19m@6.23g/t 66 4 Including
2m@49.53g/t from
66m
ARC056 55 11m@1.44g/t 11 4
ARC056 55 36m@1.23g/t 52 4
ARC059 55 2m@5.85g/t 34 4
ARC059 55 7m@1.85g/t 42 4
ARC059 55 10m@4.42g/t 90 4 Including
2m@19.92g/t from
90m

The current drilling is working to define near surface oxide resources from the
four satellite deposits tested to date. It is planned that the ore from these
areas could be trucked and treated in the recently purchased heap leach
processing plant, located centrally in the Angovia permit area. Historical data
from COGEMA's previous mining activities demonstrates that heap leach recoveries
of up to 80% are achievable for the near surface oxide ore using the existing
plant.

The depth of oxidation in the drilled out areas goes down to 70 metres
vertically. The underlying sulphides below the satellite ore bodies, and the
areas which were formerly mined for oxides by COGEMA, will be investigated in
due course.

The mineralisation remains open along strike and down dip on the four satellite
deposits drill tested to date.

Douglas Chikohora, Technical Director of Cluff Gold plc, comments, 'We continue
to be very pleased with the developments at Angovia, with these drill results
confirming the presence of a fourth satellite orebody on the Project. The
grades intersected at Prospect AN2 have surpassed our expectations and we expect
to significantly add to the resource for Angovia. We look forward to updating
the resource estimate on completion of the RC drill programme.'

Qualified Person:

Douglas D Chikohora has reviewed the information contained in this announcement.
Douglas D Chikohora, Msc, MIMMM, CEng, is the Technical Director of the Company.


For further information, please contact:

Cluff Gold WH Ireland Parkgreen Communications
J.G. Cluff / Douglas Chikohora David Youngman Cathy Malins / Annabel Leather
Chairman / Technical Director Tel: 0161 832 2174 Tel: 020 7493 3713
Tel: 020 7340 9790


Notes to Editors:

Mt. Yaoure, Cote d'Ivoire

The Mt. Yaoure permit is located 40km northwest of Yamoussoukro, the political
capital of Cote d'Ivoire, and covers a surface area of 534km(2). The licence
area includes the Angovia gold mine which operated between 1998 and 2003. The
mine reportedly produced over 180,000 ounces of gold during this period by heap
leaching some 2 million tonnes of oxide material. The Cote d'Ivoire government
has issued a certificate to CMA, a subsidiary of COGEMA, the French uranium
mining group, evidencing that it has complied with the work prescribed by the
mining regulations relating to the protection of the environment and the
restoration of the part of the licence area covered by the Angovia gold mine.

The infrastructure in the area is good and includes a hydroelectric dam six
kilometres from the Angovia mine site.


This information is provided by RNS
The company news service from the London Stock Exchange
END

More encouraging news. Why, oh why didn't I buy when it was at around 60p??


Stock News - RNS
Cluff Gold PLC - Baomahun Update
RNS Number:8704G
Cluff Gold PLC
28 July 2006

28 July 2006


CLUFF GOLD PLC

Update on Baomahun Gold Prospect, Sierra Leone


Cluff Gold Plc ('Cluff Gold' or 'the Company') today announces further drilling
results and the discovery of a new high grade area of the Eastern Zone orebody,
which has been intersected by the follow up drilling programme at the Baomahun
Gold Prospect ('Baomahun') in Sierra Leone. This drilling programme is designed
to investigate the strike and down dip extensions of the three zones: Eastern,
Central and Western.


Highlights:

* DDH47 intersects multiple mineralised intercepts, including a high
grade zone of 16m grading on average 20.61g/t Au, with a 1m wide centre
grading 111.5g/t Au
* Intersection in DDH47 extends Eastern Zone orebody to a vertical depth
of at least 170m
* As the orebody gets deeper, the grade appears to increase significantly
* The 100-metre 'gap' between the Central and Western Zones is confirmed
to be mineralised
* Recent bottle roll test work suggests that the Central Zone ore is not
refractory
* More than 5,000m of follow up core drilling is programmed for the 2006
field season

Below is a table giving the full set of new drilling results:


Hole ID Dip (degrees) Azimuth Intercept From (m) Zone Comments
(degrees)
DDH35 45 042 14m@0.61g/t 132 Central

10m@3.19g/t 185

13m@1.56g/t 239


DDH36 45 042 5m@1.37g/t 222 Central

3m@3.00g/t 234
45 042 2m@1.81g/t 85 Central
-Western
DDH37 3m@3.17g/t 94


DDH38 45 Not significant Central Hole stopped in f/w


DDH39 45 Central Results pending


DDH40 45 2m@3.90g/t 102 Central

Western
DDH41 45 Western Results pending


DDH42 45 Western Results pending


DDH43 45 Western Results pending


DDH44 45 Western Results pending


DDH45 45 6m@1.18g/t 89 Central -
Western
10m@1.15g/t 114
DDH46 45 8m@1.96g/t 101 Central -
Western
7m@1.30g/t 122
DDH47 45 3m@1.12g/t 108 Eastern Includes 7m@43.21g/t
from 147m and
16m@20.61g/t 142 1m@111.5g/t from
148m
3m@1.51g/t 175

15m@4.36g/t 207


DDH48 Results pending


Drill hole DDH47 was drilled down dip of drill holes DDH1 and DDH2. As reported
in February 2005, DDH1 recorded a down the hole intersection of 30m grading
4.68g/t Au on average and DDH2 recorded a down the hole intersection of 20m
grading on average 2.72g/t Au. Current results from DDH47 suggest that the
grade increases significantly with depth in the main structure, with the receipt
of a down the hole intersection of 16m grading on average 20.61g/t Au.

Intersections in DDH37, 40, 45 and 46 are in the 100m long 'gap' between the
Central and Western Zones. These results were expected as they confirm earlier
trenching results which suggested that the Central and Western Zones form part
of one much larger structure with a potential strike extent of more than 2km,
within a 3.4km mineralised corridor. This corridor is part of the banded iron
formation-rich Kangari Hills greenstone belt found at Baomahun and the overall
strike length of this belt covered by the Baomahun licence is about 12km.

Recent bottle roll test work on mineralised samples from the Central Zone
suggests that the ore is not refractory. This is consistent with results of
preliminary metallurgical test work undertaken in 1992 by Anamet Services in
Bristol on ores from the Eastern Zone. The work was done on behalf of Harry
Winston Inc.

Douglas Chikohora, Technical Director of Cluff Gold plc, comments: 'This is a
phenomenal exploration result, as these high grade drilling intercepts have far
surpassed management expectations. Baomahun is an exciting project and
management is now confident that it is showing all the indicators of a
potentially major gold deposit.

'We intend to step up our drilling programme in order to aggressively further
define and extend the orebody zones, which we believe to be part of a large,
continuous mineralised structure. We will also be in a position to update the
resource base of Baomahun on receipt of the remaining assay results from the
five holes in the near future.'

About Baomahun:
Baomahun is located about 180 km east of the capital of Sierra Leone, Freetown,
in the Southern Province of the country and the geological setting is similar to
the Lake Victoria goldfields in Tanzania. Cluff Gold has a right to earn a 60%
interest in Baomahun by funding the project to the completion of a bankable
feasibility study or to a maximum of US$5 million. This right is to be acquired
from Winston Mines which owns the two exploration licences relating to Baomahun,
covering an area of approximately 137 km(2).

Qualified Person:
Douglas D Chikohora has reviewed the information contained in this announcement.
Douglas D Chikohora, Msc, MIMMM, is the Technical Director of the Company.


For further information, please contact:

Cluff Gold WH Ireland Parkgreen Communications
J.G. Cluff / Douglas Chikohora David Youngman Cathy Malins / Annabel Leather
Chairman / Technical Director Tel: +44 (0)161 832 2174 Tel: +44 (0)20 7493 3713
Tel: +44 (0)20 7340 9790

click here

Cluff Gold [CLF]
After a general slippage, due to Market woes amongst Miners and a fall in gold-price a few shares are bought by Directors and woosh! up they go on a trial pouring (of gold) and I suppost that proves it is a mining co.

Many thought this was worth 1, but at 30p-ish this is something of a Bargain ( now that gold is confirmed; before it was hope!),....but whether it's worth 1 remains to be seen on the timescale etc. But the presence of Gold does confirm Management ability, subject to understanding "costs" etc. -and- it means that getting finance is so much easier. I bought a few today at 30p
EDIT (5Nov08), Director buys 54k-worth for his SIPP...looking good.
EDIT(2Dec08)-Directors awarded Options = hasn't helped sp...don't they get a Salary?

Lots of buys today at the 27p level. Come on 1

All the way to a pound baby.......all the way to a pound!!!!

like i said, on its way to 1

CLF..looking very strong at the moment.

Weakening dollar, gold sp moving north a lot of momentum behind the SP......

Resistance at 58p should easily be taken out and then blue sky ahead.

Buy Reco from broker...

18-May-09 Cluff Gold CLF Seymour Pierce Buy 49.25p - - Reiteration

Cluff Gold PLC

FORECASTS WIRES
2008 2009

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Seymour Pierce
01-05-09 BUY -4.29 3.96

Fairfax IS
06-04-09 SPB

2008 2009
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Consensus -4.29 3.96

1 Month Change 0.00 0.00
3 Month Change 0.33 -1.17


GROWTH
2007 (A) 2008 (E) 2009 (E)

Norm. EPS % % %
DPS % % %

INVESTMENT RATIOS
2007 (A) 2008 (E) 2009 (E)

EBITDA -2.64m -2.75m 13.08m

EBIT -2.80m -3.96m 7.78m

Dividend Yield % % %

Dividend Cover x x x

PER -13.72x -11.48x 12.44x

PEG f f f

Net Asset Value PS 37.35p p p

Moving up strongly today on the back of the rise in the GOLD sp.

Results any time.

Recentish article for those who missed it........

From GCI:-

Cluff Gold - SPECULATIVE BUY
Companies: CLF
12/03/2009

CLUFF GOLD is looking for more gold assets in West Africa as it prepares for annual production of more than 100,000 oz.

AIM and Toronto-listed CLUFF GOLD recently raised 8.1m at 40p through Canadas BMO Capital Markets and will use the proceeds to speed up drilling at the companys flagship gold project at Baomahun in Sierra Leone and increase gold output from the Kalsaka mine in Burkina Faso.

The company, which hopes to produce upwards of 100,000 oz this year from Kalsaka and Angovia in Cote dIvoire, also wants to use some of the funds to lift Kalsakas output by 25% and establish an estimated resource increase at Baomahun from 1.5m oz of gold to 2m oz or more.

Chairman and chief executive Algy Cluff is understood to be anxious to boost the London-based companys productive capacity and institutional visibility by acquiring more gold assets. He is thought to be after deposits and projects, but not corporate acquisitions, which can involve undue complexities, personal issues and possible skeletons in the cupboard.

Cluff Gold shares took a pounding last year, falling from 110p to a mere 10.5p. They have rallied now that the money has been secured and significant production is on the horizon and the medium-term outlook should be brighter, as long as the gold price holds up.

CLF (46.25p) From Minesite:-

May 15, 2009

With Production Now Stabilising At Roughly 100,000 Ounces Per Year, Cluff Gold Begins To Think Of Stepping It Up A Gear.

By Alastair Ford

Investors in CLUFF GOLD were put through the mill at the end of last year, no doubt about it. When the market was at its worst, buyers almost completely disappeared, and the shares sank to a low of 8p. That was shortly after it transpired that the possibility of a working capital shortfall caused by start up delays was serious enough to force the company into arranging a US$10 million debt facility on what can only be described as punishing terms. And, by an almost surreal turn of events, the share price low coincided almost exactly with the official opening of the companys Kalsaka gold mine in Burkina Faso.

The net effect of all that was that the usual re-rating that the market awards development companies that press the production switch was nowhere to be seen. At least not for a few shaky weeks, it wasnt. But when interest returned towards the end of November, the market was suddenly forced to wake up to the fact that Cluff Gold was now officially a producer of some substance, and to recognise the merits in a company that was ramping rapidly up towards annualised production of 100,000 ounces per year, albeit from two fairly small mines.

So come early December, less than a month after the gut-wrenching lows, Cluff Golds value had more than tripled, as the shares pushed triumphantly back through the 30p mark. Not for the faint-hearted, an investment in Cluff Gold, but then again, no equity in the world was for the faint hearted back in the dark days at the end of last year.

Since then the re-rating process has been a lot more gentle. In the year to date Cluffs put on a further 50 per cent, and is now trading at around 45p, roughly half the level which it was at a year ago. All of which potted history serves merely as context for whats coming next. Because Algy Cluff has already got his eyes on the next big thing - now that hes got his company up and running and in production, it is, in effect, insulated from many of the swings and arrows that are still flying around out there.

Therell be cash in the bank at the end of the year, cash from operations that is, and much of it will be earmarked for exploration on Cluff Golds Baomahun property in Sierra Leone. Some big American money has come into Cluff on the back of the upside at Baomahun, and, watching as Algy Cluff rolls the projected production numbers round his tongue over a school-dinner style meal at his favourite club, the RAC, you can see why.

Without missing a beat, Algys suddenly talking of company-wide production of the order of 300,000 ounces per year. The key to this company now is Sierra Leone, he says, matter-of-factly. The Baomahun project is already showing 1.46 million ounces in the measured, inferred, and indicated categories, but with the next round of drilling Algys hopeful that hell be able to push that emphatically towards the two million ounce mark. For good measure he adds that that total ought to be reached, notwithstanding that weve still got 80 per cent of it still to drill, even after the latest campaign completes.

But with reference to the hypothetical production numbers Algys already mentioned it seems clear that some sort of concerted move is likely sooner rather than later now. The company can always book the extra ounces when it needs them.

In the meantime, what does a seasoned market veteran like Algy make of all the latest mayhem? First off he chuckles into his napkin and mentions that it was a bit embarrassing that his share price fell so low after hed done a fundraising at considerably higher levels. But anyone who might have stood up as a critic on that at the time has now had his concerns well and truly answered by the subsequent rapid share price recovery. And, if its true that Rand Merchant Bank got a good deal on the provision of the debt facility in September, its also true that that facility saved the company from a possible emergency rights issue. Some companies might feel that if the worst damage the global financial crisis has been able to inflict on them has been to create a share price that was a bit embarrassing, then theyd got off lightly.

If Algy, whos shown a deft hand at the helm of Cluff through all of this, thinks that, he doesnt say so. Rather he says, looking ahead again, that in the light of the current complete hiatus on exploration, and if he was 25 years old again, hed be pegging licences left right and centre all across Africa. How old Algy actually is, we at Minesite have not ventured to ask, but given that he follows up that remark with the notion that inside Cluff there might actually be some appetite for forming a newco to peg a whole lot of new exploration ground, one wonders if having got over the travails of last years market hes not feeling a second flush of youth.

Intersting article...

http://www.fxstreet.com/news/futures-news/article.aspx?StoryId=4e7e76fb-a94c-4185-87ed-e464f9ed2122

Cracking results, everything on track.

Bullish update from Pro TAer Zak Mir this morning....

Zak Mir



Reged: 28/06/07
Posts: 835
Re: Cluff Gold (CLF)
#447055 - 27/05/09 07:21 AM Edit Reply Quote



Above the floor of an ascending November price channel at 44p the upside here could be the 2008 resistance line projection at 70p plus on a three month perspective.

http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=2799211

Gold-Price

I wonder how much of CLF's sp is due to the rising Gold-price...?

I wonder if one of the posters here can relate the all-time high (price of Gold), with the L-T [CLF] sp...?

As a recent holder, I hope it's mostly due to prospects (eg in S-L) but I know the shares have recovered from Lows, but am unsure "why" the sp fell . . . was it Credit-cruch affecting cash-hungry investments..?

EDIT(30Sept09) - 1% drop today as Co releases info showing losses....
EDIT (7Dec09)- Execs snorted 5k-worth of stock as a Bonus - Isn't this the wrong-way? This encourages a low sp - They should receive a "number" of shares, pref. based on raisng sp 20% over any 12-month period, but subject to it being higher than 24-months ago.
EDIT-(5March2010), Takeover talk has pushed sp to 80p, - yet no interest here, eh?
EDIT (12March2010)-Seems someone bought 250,000 at 91p-ish - someone loves 'em.

UPDATE 1-Cluff Gold says offer talks continuing
30 Apr 2010 - 07:47

* Asks interested parties to finalise offers in near future

* Remains on course to beat its FY 100,000 oz gold forecast

* Shares have jumped 38 pct this year

(Adds details)

LONDON, April 30 (Reuters) - Cluff Gold , a West African-focused gold miner, said talks were ongoing regarding a possible offer for the company and that it had asked all interested parties to finalise offers or conclude discussions in the near future.

The group said on Friday it will shortly announce production figures for March and April that will confirm that it remains on course to beat its forecast of producing 100,000 gold ounces this year.

"As discussions continue with certain third parties, the company maintains its active growth strategy of developing its assets into increased gold production and we anticipate strong results from the ongoing Scoping Study at the Baomahun mine," said Chairman Algy Cluff.

The company will also announce further resource updates at the Baomahun and Angovia projects over the next few months.

Cluff Gold said in February that it was in early stage offer talks. [ID:nSGE61I0CZ]

Shares in AIM-listed Cluff Gold have jumped more than a third this year to value the group at about 104 million pounds ($160 million).

(Reporting by Julie Crust; editing by Georgina Prodhan)

($1=.6510 pound)

((julie.crust@thomsonreuters.com; +44 207 542 3847))

Keywords: CLUFFGOLD/

Giving it some pasty now up over 10%.