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 'CGHI.OB' is no longer valid.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

[eagerlearner]

Centurion Gold Accepts Offer for Buyout at $.60 a Share
http://biz.yahoo.com/bw/050801/15134.html?.v=1

let see what the market will do . 

[52 windsor deluxe]

bought stock two weeks ago....should be bought out any day now..maybe that is why it's moving .

[52 windsor deluxe]

kaboom.!!!!!!!!!!...cghi accepts buyout.....at .60 a share.....told you guys...i've done this before...some companies will literally tell you what they are going to do. doubled my money...now lets do it again

[setravis]

52 windsor deluxe,
Way to go ...applaud that trade!

[basonista]

Since the stock traded at .325 today, doesn't that make this a screaming buy again?  Buyout at .60 makes this almost a double right there.  Or am I missing something....

[strp609]

  been wondering the same thing, in since june....here's an older thread

http://www.3stocksonfire.org/trading/index.php?topic=674.0

moved some after the first buyout offer at .45 but hasn't moved much with the .60 buyout.....anyone out there still in this one besides me? or better yet, any insights? 

[evgeny05]

Hi !

Management and Board of Directors Announce Their Intention to Buy up to 5 Million Shares of Centurion Gold Holdings
Sep 15, 2005 6:00:00 AM
Copyright Business Wire 2005
    JOHANNESBURG, South Africa--(BUSINESS WIRE)--Sept. 15, 2005--Centurion Gold Holdings, Inc. (OTCBB:CGHI), the only South African junior gold mining company publicly listed in the U.S., announced today that the management and board of directors intend to purchase up to 5 million shares of Centurion Gold Holdings' stock in the open market. The management and board of directors' decision to purchase additional shares for their personal holdings is based on the fact that they do not feel the value of Centurion Gold is fully reflected in the price of the stock.

"We have built a solid company through the acquisition of several properties that have a considerable amount of gold, platinum, chrome, and tin, with an estimated value in excess of $5 billion. We have accepted an offer to be bought out at $.60 a share from a company that brings a tremendous amount of synergy for Centurion and the ability to raise capital for new projects. The board of directors and I are excited about the future opportunities for Centurion Gold and feel that the value of the Company's mineral resources is not being recognized in the marketplace and are, therefore, taking this opportunity to increase our personal holdings in Centurion Gold," commented Dale Paul, CEO and Chairman of Centurion Gold Holdings, Inc.




Good luck.
Evgeny.

[52 windsor deluxe]

they are driving the price down ...thus accumalating shares.....for the buyout at .60...it will happen.....you just got to wait it out.....looks like it may be around the corner since they are buying back the shares......if i get some extra cash....i'm in... ....hang in there...

[twodachsie]

I'm in at .26.

[Sandman]

bot a few k just to see what happens - but couldn't find that BW news release anywhere.  Finally found on Yahoo.  Strange that it does't appear elsewhere - but then, the trading action on this is pretty strange anyway.  GL!!

[runforthedoor]

  I bought a few K when the buyout was announced, and am waiting.  They did say in a PR awhile back that it should be finalized by the end of Sept and a done deal by years end. The spiking price of gold/metals should be aiding this stock right now also. 

[stout7735]

Is the $.60 per share written in stone or is it subject to change in final negotiation???Like some other South African miners with low grade mineral assets,These guys can not make money mining gold unless the price of gold substantually increases...

[setravis]

Anyone notice ticker changed to CHGIE? Comments?

I noticed ....I'm holding.....
I was posting to another thread, but it had several different picks .
So I will just post here now.
Moving this morning......+27.78%....Volume @.....901,076

[runforthedoor]

  The latest news on the buyout....

   http://biz.yahoo.com/bw/050916/165378.html?.v=1

   sounds like finalized details should be out this week. 

[runforthedoor]

8K just out with details of buyout....

http://eol.edgar-online.com/edgar_conv_html/2005/09/27/0001144204-05-029945.html#FIS_ENTRY_MATERIAL_AGREEMENT