Here is a chance to get in near the bottom of potentially a very exciting prospect.

http://moneyam.uk-wire.com/cgi-bin/articles/20060328083735PAEAF.html

START OF DRILLING

LONDON - 28 March 2005

Central China Goldfields plc (AIM: GGG, GGGW) announces that its Chinese Joint
Venture Company, the Sichuan Snow Mountain Mining Exploration United Centre,
has signed a drilling contract with Victor Geological Exploration Inc
("Victor"). Victor is a wholly owned Beijing-based subsidiary of Nahanni
Drilling Corp. of Canada. The contract is to drill approximately 1,200 metres
in the Songpanguo (SPG) deposit in the Baima area, in the Snow Mountain
Project, Sichuan Province of China.

Drilling will also commence soon at Shuiniujia (SNJ), another deposit in the
Baima area once drill access is made available by mid-April.

The drilling programme is scheduled to commence in mid-April 2006 at Songpanguo
and late-April 2006 at Shuiniujia.

In addition, a series of underground tunnels (adits) totalling over 2,200m and
trenching totalling 2,250m will be undertaken in both deposits. The drilling
and aditing/trenching programme is intended to test the depth and lateral
continuation of these two deposits. Our partner the Sichuan Bureau of
Metallurgy and Geological Exploration ("SBMGE") has calculated inferred
resources of the SPG and SNJ deposits of approximately 200,000 oz. and 140,000
oz. respectively. These resources are not compliant to international standards.

The programme will be supervised by Exploration Manager, Ciceron ("Jun")
Angeles MSc FAusIMMM, who is qualified as a Competent Person under the
Australasian Code for the Reporting of Mineral Exploration Results, Mineral
Resources or Ore Reserves ("The JORC Code") of the Australasian Institute of
Mining and Metallurgy, and Project manager Roberto Tan BSc.

Dr. Jeff Malaihollo commented "Our exploration programme in 2005 confirmed
previous work conducted by the SBMGE. This year we intend to add to the
resources by drilling and tunnelling. We look forward a very exciting year of
development."

The AGM is next week so, hopefully, a bit more news at that time. I am going to try to get there so will keep you posted if I do.

;o)

Further move up today now 13.50 - 14p +0.875

Someone said somewhere else: Tipped in Shares Mag this morning

wonder if true, but drilling results expected shortly from NIMU

A chart I made yesterday

And the improvement increases: GGG Bid: 13.75p Offer: 14.25p Change: 1.125

Trading volume almost 1 million already today, normal peak volume being about 2 mil, giving hope that we could be on for a very good day (and I sure hope so, cos my break-even is 15p!).

Good luck to all.

Still going! GGG Bid: 14.25p Offer: 14.75p Change: 1.625

Seems to be picking up finally, been in this since around 10p, lots of potential IMHO, hopefully a turning point for the forseeable future!

Good Luck.

Great day - great volume - nice price rise.

Just for any new comers to the board.

Invested in GGG in july 05 - amongst my friends and I we are holding over 8.5 million shares.

Reasons why

1. Great Management Team - with good experience in these markets.
2. Healthy cash balance
3. Portfolio of projects with NIMU looking to be something very special
4. China and India being the region to be in.
5. Good Institutional support with JP Morgan and Genesis
6. Large Private Holders in CML Smith and P McGroary

- Market is short on stock
- We have drill results between now and December.
-
Target for December is 50p - 1

Don't be in a rush to sell as the smart guys run the distance.

Looking like another lovely day in GGG-land!! GGG Bid: 15.25p Offer: 16p Change: 0.625, up 10%, 1.6 mil traded, so we could have a simialr day to yesterday.

Hi st, with regaurd to your last post on TMC, this is one place to keep something invested. Other newish oily's to look at maybe HAWK, and TOM.

Thanks mate! HAWK is certainly one that has legs - a pity one can't invest in everything at once!

Yes, GGG looks good. I expect that the current drilling at Nimu will be viewed as a barometer for the likely success of the other locations on the licence, so could be quite exciting. I have taken a long-term position in this one, so am expecting rewards over the rest of the year.

soul* .... you're well out of HAWK ....... cos i have rashly bought it!

hi cynic i was looking at hawk 2 days ago.. what do you think not so good ??...what about GGG....iam thinking of buying next week soul traders or cynic your view i no it long term but i think this could be big

you misread micky ...... i only warned off soul* cos i have the kiss of death

We had a BREKOUT last Friday from this chart last Thurday.........

Ticking back up today, anyway: GGG Bid: 14.25p Offer: 15p Change: 0.5 Not huge volume so far, at 263K, but might pierce the average by day's end.

GGG Bid: 15p Offer: 16p Change: 1.375 1.6 mil traded. Buy:sell 14:1 :o)

Master RSI, I guess this confirms your breakout?

WDIK, though - PDYOR

Dear All

Central China Goldfields has a huge upside - the market is in demand for the stock.

Current Analyst recommendations are anything between 50p by December 2007 with 3 within 24 months.

The company has:-

1. Great Management team
2. Good Shareholders
3. Strong Finance in place
4. Portfolio of projects - with NIMU providing a huge upside. / Snow Mountain is looking very interesting.

Good luck to all - great time to buy.

The company has indicated it will provide drill results every 3-6 weeks from NIMU.

That's all very good if it's accurate, Johnma. Are you able to post any of the analysts' reports?

A strong finish today: GGG Bid: 15.75p Offer: 16.25p Change: 1.875, up 13% on 2.4 mil traded (and I'm finally profitable!)


From proactiveinvestors.co.uk, dated 16th MArch 2007:

A recent broker note from Hanson Westhouse makes a case for Central China Goldfields shares to be worth 26p a share - having discounted the Nimu project to 1.0% its potential in situ value.

Central China remains very excited about the potential size and value of Nimu. Yet as an exploration junior in China, there is always going to be a large element of risk in the shares. As drilling results come in from Nimu, the market will be waiting with bated breath to see if Central China has hit the jackpot and found a thick, continuous, copper oxide deposit that would transform the company overnight.

Link: Read GGG article here

26p would be a good start :o)

Wishing all of you a good weekend .
ST

Me like : GGG Bid: 16.75p Offer: 17p Change: 0.875 2.5 mil traded, quite reasonable volume, and the spread is priced in favour of buyers.

seems to be worth a look. doing so.