3StocksOnFire — US Stock Trading Community · 451+ trades · 257% returns · 15,000 members · Main Site · Trader's Guide · Articles · Video Analyses
3 Stocks On Fire
3StocksOnFire Community Forum
Home Message Boards Trader's Guide Articles Video Analysis About Us Search Register

CGHI.OB - a no brainer? 'CGHI.OB' is no longer valid. It has changed to CGHI.PK.

Started by eliteG, June 14, 2005, 02:11:59 PM

Previous topic - Next topic

eagerlearner

been on extreme low volume for a while now. i guess this strange price scares both buyers and selers - buyers not sure to get in because of the big deficiency and sellers certainly dont wanna sell cheap.
see how this plays out in the near future.

thanks for your reply elite!

strp609

Eager,
i'm still in with a small position, figure if it runs up i won't have time to buy back in, low downside risk, and with the low volume it's probably people getting tired of waiting for news and pulling their money to move on to other things.
al.

eagerlearner

strp let's make some quick bucks!
then i can move the money on to something else .. lol

good luck to us !

eagerlearner

hey elite  :)
is this some house cleaning before they sigh the buyout offer?

Form 8-K for CENTURION GOLD HOLDINGS INC


--------------------------------------------------------------------------------

8-Jul-2005

Termination of Material Agreement



Item 1.02 TERMINATION OF A MATERIAL DEFINITIVE AGREEMENT.
On March 30, 2005, the Share Sale Agreement, dated as of July 7, 2004 (the "Agreement") by and between Fraser Alexander Tailings (Proprietary) Limited, Nedbank Limited, The Industrial Development Corporation of South Africa Limited, Richard Harry Austin Plaistowe, Ken David Bouch, Tukiso Environmental Solutions (Proprietary) Limited, and the Company, was terminated. Pursuant to the Agreement, the parties agreed to acquire Mine Waste Solutions, (Pty) Limited, an environmental remediation company that combines mine rehabilitation with re-treatment, for $24.5 million.

While the parties to the Agreement have attempted to reach a negotiated purchase price, we abandoned such discussions on March 30, 2005, having concluded that no resolution could be reached. Because we have withdrawn from all further negotiations with the parties, the Agreement, including all rights and obligations of the parties thereunder, has terminated and is of no further force and effect.


good luck !

eliteG

I dont know what to make of it.  Could be house cleaning.  Price action held at support.  This one is definately one weird play.

eagerlearner

an unusual roller coaster on this one , yesterday it spiked up to 0.34 then dopped to 0.22 in a couple hours.  a buyer play shouldnt act like this i guess?
good thing is the offer is more valid as it moves closer to 0.45, and a better reason to hold.
volume is big today and yesterday too , been watching and i was late june last time we have over 1m volume.

hope it plays out as expected.  :)

setravis

This was the thread I was looking for on CGHI, but the search didn't bring this one up.
Strange indeed EliteG, I WILL WATCH AND LEARN TOO
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

eagerlearner

jeez, is this for real? $1?   ;D

Negotiations Proceed for Buy-out of Centurion Gold with Higher Competing Bids
Business Wire - July 14, 2005 06:00

JOHANNESBURG, South Africa, Jul 14, 2005 (BUSINESS WIRE) -- Centurion Gold Holdings, Inc. (OTCBB:CGHI), the only South African junior gold mining company publicly listed in the U.S., announced today that the competition to purchase Centurion Gold Holdings has intensified with several companies submitting bids that have reached $1.00 a share. The Board of Directors is carefully reviewing all offers and anticipates reaching a final decision within the next ten days.

Centurion Gold Holdings CEO, Dale Paul, commented, "Our Company offers a unique opportunity as an acquisition candidate with it strong asset base of various minerals and properties and we intend to realize the maximum value possible."




http://biz.yahoo.com/bw/050714/145089.html?.v=1

setravis

I forget about this thread,and keep posting to the thread in Penny Stock Picking.
She is rockin G. We need to get Ramsburgh to merge this with the one in the pennies.

Applaud this no brainier! ;)
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

eliteG

lol  :D  looks like an even more no brainer now...but I'm still just watching...I don't get why it hasn't jumped more.

eagerlearner

#25
its shady to see CGHI struggiles so much despite the claimed buyout orders or $1.
only good thing is from Lastsale all the big orders (100K+) at the close are buy orders.

Time & Sales 
Price Size Time

0.29 20000 15:59:56
0.285 25000 15:59:56
0.2875 128000 15:59:04
0.29 25000 15:58:37
0.285 25000 15:58:37
0.29 5000 15:57:52
0.291 10000 15:57:48
0.29 33700 15:57:29
0.30 1500 15:56:54
0.30 40000 15:56:53
0.30 22500 15:56:53
0.30 7000 15:56:53
0.29 10000 15:56:51
0.291 5600 15:56:36
0.2925 500 15:56:34
0.29 50000 15:56:33
0.295 1000 15:56:28
0.295 2000 15:56:28
0.295 20000 15:56:28
0.291 25000 15:56:28
0.295 5000 15:55:32
0.2955 150000 15:55:21
0.30 150000 15:55:11
0.30 500 15:55:06
0.295 2000 15:55:04
0.29 25000 15:55:03
0.2975 150000 15:55:03
0.2975 174000 15:54:38
0.295 1000 15:54:38
0.295 5000 15:54:26
0.30 10000 15:54:26
0.30 10000 15:54:26
0.29 25000 15:54:25
0.29 5000 15:54:22
0.29 25000 15:54:10
0.2975 174000 15:53:51
0.30 10000 15:52:27
0.30 100000 15:51:55
0.2975 100000 15:51:51
0.29 3600 15:51:49
0.30 5000 15:51:49
0.30 3000 15:51:13
0.30 4000 15:50:05
0.30 4000 15:49:51
0.30 5000 15:49:16
0.295 5000 15:46:55
0.30 50000 15:46:53
0.295 10000 15:46:37
0.2975 50000 15:46:36
0.30 22500 15:46:18


hoping this is just manipulation but not a scam.  ???


have a nice weekend!

52 windsor deluxe

been reading the updates on this company. they are being offered triple the value of their current share price. i've done this before...they are actually telling you what and when they are going to do it. i read the print correctly last time on another stock that doubled.....i think i'm reading it correctly on this stock ,too..... lets see what happens... less than ten days now...

eagerlearner


52 windsor deluxe

i'm in this one.....at least for ten days....thanks eager for the support....

evgeny05

Anyone notice ticker changed to CHGIE? Comments?