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 !.

Hi guys

Selected the share on the UPS thread 45 minutes ago as a candidate to move higher this week.

Master RSI - 20 Jul'09 - 10:27 - 40 of 43 edit

UPS

CRND 15.375 ( 15.25 - 15.50p)
Has $46M in cash and is continuing to make considerable progress in building a substantial low cost gold mine. Co. have commenced trial slot mining and should begin underground mining during August. Is targeting to produce rate of 100,000oz of gold annualy by early 2009. Volume and positive Indicators

5 days chart

Someone paid a large premium for 100K

17.25p for the large trade when the spread was 16 / 16.25p

spread 16 / 17p at the moment

How the Indicators are position at the moment - oversold - and rising from bottom with higher volume

Volume is going places now 2.6M and most likely is going to be much higher than last Friday.

The price is being hold down by the Powerful (metals ) Market Maker EVO at offer at the moment by itself with 25K

spread 16.25 /16.50p

Bailed out months ago.....not such a great tip from What's Hot.com...

required field

It has not been a good market for the last few months on any share.

Now is the time to spot the bargains, as the bottom though naturally can be another falls bottom.

Doing well today again with volume 1M and another 0.50p on the UP

A much stronger order book at the moment on the bid side after the "AT" was activated and took
all the trades at 16p offer ( a total of 156K at one time with 3MMs included )

at the moment on a spread of 15.75 / 16p

there are 35K at side of bid and 85K at offer

but the DEPTH is much stronger on the bid side with...
463K ( total of 22 trades ) at bid side
for 241K ( total o f 12 trades ) at offer ( of those 10K at 38p and 21K at 50p so 31k should not
be counted as the prices are not realistic )

news today and price rising 16.50 - 17p +1.50p

First Gold Smelt from the Carbon-In-Leach ("CIL") Concentrate Treatment Plant
* First bullion bar poured from CIL concentrate treatment plant
* Recoveries to date in CIL plant in excess of 95%
* Full metallurgical circuit now integrated

CRG announces that on July 27, 2009, the Company successfully smelted and poured
its first bullion bar of approximately 1.5kg from its CIL concentrate treatment
plant on its Slot 8 site on the Consolidated Main Reef tenement.
The CIL plant, capable of treating 10,000 tonnes of concentrate per month,
commenced civil work on site in February 2009, with the start of commissioning
in June 2009. The smelt house was the final element requiring commissioning
which has now been completed. Recoveries to date in the CIL plant have been in
excess of 95%.
The CIL plant was fed concentrate from the Gekko 20tph trial crushing and
concentrating plant and will now also be fed from the Bateman 30tph crushing and
concentrating plant. The crushing and concentrating plants are treating surface
material from the Main Reef and Main Reef Leader outcrops. It is expected that
the crushing and concentrating plants will continue treating surface material
until such time that underground ore is extracted, expected in early 2010.
Commenting on the smelt, Johan du Toit, Chief Executive Officer, stated, "We are
extremely happy to have had our first smelt. This is a significant milestone in
the Company's trial mining process and demonstrates that our metallurgical
circuit is now fully integrated and operational."

Could this have lift off in a months time?

Looks very interesting? consistant 5% rises, court case will get this moving, 2 weeks away.

Anybody else holding/thinking of adding these? 50p potential surely.

Central Rand Gold upped to hold from sell at Canaccord, target price rising to 150p from 105p

Thats an awful lot more than the current 16-17p?

I agree - have ben watching these as the chart looks very attractive!

wondered whether that target was a misprint though since CEY was the stock listed above CRND in the Canaccord release and this had the same target which seems more plausible, otherwise why just a hold?!

Its ticking up, the hearing must be over? or the result is coming!

All aboard?

Immediate Release
5 November 2009








Central Rand Gold Limited

("Central Rand Gold" or "CRG")

(Incorporated as a company with limited liability under the laws of Guernsey,

Company Number 45108)

(Incorporated as an external company with limited liability under the laws of

South Africa, registration number 2007/019223/10)

ISIN: GG00B24HM601

Share code on LSE: CRND

Share code on JSE: CRD




Court Throws Out Puno Gold Investments' Request For Urgent Interdict To Halt Central Rand Gold's Trial Mining Activities




Central Rand Gold Limited ("CRG" or "the Company"), following the hearing today, is pleased to announce that the "urgent interdict" sought by Puno Gold Investments (Pty) Ltd to halt the company's trial mining operations has been dismissed by the South Gauteng High Court. In addition, Puno is required to pay all legal costs associated with this dispute.




Reacting to the Court's decision, CRG's CEO, Johan du Toit, said:




"We are pleased that this unnecessary distraction caused by Puno has now been dismissed in its entirety by the independent court. The court case has not delayed the development of our assets and we look forward to progressing with trial mining, which is the springboard towards full-scale commercial gold mining in our Johannesburg mining right area."




Central Rand Gold Ltd is listed on the London Stock Exchange and on JSE Limited in Johannesburg. It was awarded its first New Order Mining Right in August 2008. Trial mining began in September 2009 at Slot 8 situated at its Consolidated Main Reef tenement in southern Johannesburg. The Company is actively involved in the communities in which its mining operations are situated through employment, training, education, sport and small business development initiatives.




For further information, please contact:




Central Rand Gold +27 (0) 11 551 4000

Johan du Toit




Evolution Securities Limited +44 (0) 20 7071 4300

Simon Edwards / Chris Sim / Neil Elliot




Macquarie First South Advisers (Pty) Ltd +27 (0) 11 583 2000

Thembeka Mgoduso / Annerie Britz / Melanie de
Nysschen / Manisha Ramlakhan




Buchanan Communications +44 (0) 20 7466 5000

Bobby Morse / Ben Willey / Katharine Sutton




Jenni Newman Public Relations (Pty) Ltd +27 (0) 11 506 7300

Jenni Newman / Megann Outram

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.