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)

media comment, click HERE

MM's target price 9p. This is a buying opportunity for longer termers like me.

I bought in at 8.25p last week in Aug and sold at 10.25p a week later.
I bought in at 9p today and aim to sell in a few days at 11p approx.
I shall continue to do this whenever the mm's force the price down, as its proving very profitable.

BUYING OPPORTUNITY NOT TO BE MISSED.

Oily.....any idea when these guys are likely to start production

News and comment, Click here

Andy,

Just bought into LRL, which do you rate the best GGG or LRL. I bought GGG a while back but sold when they had some trouble on misleading investers regarding another company not sure on the precise details offhand.

GGG are presenting in London on Monday 26th November @ 18:00.

Registration details click HERE

Other companies presenting are Weatherly (WTI) and European Diamonds, (EPD), who are now known as Kopane Diamonds.

Proactive Investors One2One Forums

Monday 26th November 2007

Each company will present for 20 minutes with 10 minutes Q&A to follow. After the presentations are complete the directors will be available to take questions during a free canapand wine reception which will be open until 9pm

5:45pm for a prompt 6:00pm start at the Chesterfield Mayfair Hotel 35 Charles Street, Mayfair, W1J 5EB


Nearest tube station is GREEN PARK

i see that i warned you guys about this company several months back and advised taking profits ...... i certainly see no good reason to buy into this scallywag company (see Andy's comment above)

great presentation the other night!

News, click HERE

and market clearly seriously underwhelmed .... buy at your peril

as is often truly said, a picture paints 1000 words

But you never know what a bit of news may do! .............

Amber,

absolutely, good luck this week!

Media comment HERE

well if that was the result of good news, lucky for you guys it was not negative!
this stinks!
have frequently warned that when dealing with China and Chinese stocks, one should at the very least wear rubber gloves

Morning Cyn. I always check you out fist thing for a little laugh. LOL. Never fails. Thanks.

pleasure ..... for you i'll even apply some KY!

Cynic,

lol!

Drill result HERE

not much positive in that report ...... KY def needed to avoid significant pain, even if withdrawing!

I think this may run out of cash soon. The chart looks feckin' orrible.

dp,

I certain think they will ned to raise funds soon, but probably not all equity.