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)

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.

certainly so lizard.
just the start.

agree majordeal.

mdeal- do you know what day the agm is next week?. interesting events lately may go.

majordeal, any news why the drop in sp?

unless they know something we dont?. i would guess profit taking after recent strong run.

its a risky stock but im holding on.

i understand the agm went well. 30 deals on the table.strong cash position.

Dear All

Copy of yesterdays presentation - interesting read and an explanation for todays rise.

1. Nigel's

http://www.ccgoldfields.com/admin/Presentations/Docs/CCG%20AGM%20JUNE%202007F.pdf

2. Juns

http://www.ccgoldfields.com/admin/Presentations/Docs/AGM%2020070621_jun.pdf

it did lizard.
(AGM) impressed with the potential and pipeline of deals. worth reading johnma's links (Juns more technical).

doubled up this am.

cheers majordeal.
very interesting read. looks like they are well positioned at an early stage for the China mining rush. some good prospects with more in the pipeline and a strong cash balance.
may follow you next week by investing after the agm presentation.

bought a few after recent drop. some interesting licenses. as usual the drop comes after strong run and wait on drilling outcomes.

did not expect such a fall back from highs. anyone any thoughts before i put some size in here. does anyone know anything i should?.

put some decent cash in this am. encouraging update better mineralisation .