Just noticed that this main market stock is climbing rapidly, and gold is nearing $930, above that and a lot of gold producers and some explorers might just take off !.

any thoughts on why this is still drifting?

no, but will await further announcement until deciding, it may be a waiting game, if your not happy to hold would suggest dumping and going elswhere, am dissapointed too as I thought it was good for 30-50p short-term, but hey thats how it goes!

Steady progress, I havent done the maths here, and there is more fundraising coming, but it will be highly generative imo from mid 2010, at that point the revenue could be very big, but assumme everybody is cautiously optimistic hence the share wont run until full-scale production is actually in place and the gold production yield is what they are predicting. Expect them to announce this as much higher, they are holding something back to lift the price after fund raising.

IMO, this could be huge, and they are waiting for a few more people to inject just a bit more working captial and then hopefully pow. OK, no need to get in the next few weeks, this will probably drift, maybe upto 20p by Xmas, but I think it will surge in the new year, certainly hope so.

ellio any idea what's going on with this one? thought it should be drifting upwards really considering potential. perhaps new year is the time as you said.

from the "UPS" thread earlier .......

KEEP an EYE
CRND 2.15 / 2.20p

Large volume yesterday and bouncing from a long drop. Expecting news of production going to start soon


The volume has exploded again today and the shares are now well ahead

Another move up today 2.60 / 2.65p and more consolidating than on Friday spike and then loossing most of the gains

How high do you think this will go????

I predict a big big fall anytime.

Just let it run UP on the other side ( right ) of the chart

got to 3p today on a follow through volume once again

There was just a bit of resistance @ 3.20p but only lasted 10 minutes, the same happens now at 3.60p.

There is already 60Miliion shares traded, certainly there is a two way trading and is going to be a record day on the volume

what's going on with these??????

.

.

Who did ask for that ............

CRND

Response to share price movement

CRG, the South African gold mining and exploration holding company, notes the
recent significant movement in the price of its shares. The Company is not
aware of any reason for this movement.

.

From boom to bust in one day :(

I only can reach the conclution that MMs ask for the news as the demand is greater than their books.

In one go they had the shares replace on the book at a lower price and all square.

To me was just easy down, easy up
Can I say the B@stards have done it again?

LOL !

"I only can reach the conclution that MMs ask for the news as the demand is greater than their books"

Off again up 20%.

and UP again now offer at 2.90p and rising as is the volume 11M and not yet 1 hour trading