Chaarat Gold – Down but downright cheap
I tipped AIM listed gold mine developer Chaarat Gold (LSE:CGH) at 45p in May 2010. Standing at 24.375p after the publication today on half calendar year results I do not look too clever. Yet. But I had a long chat with the company today, notably with its Finance director Linda Naylor and these shares are very cheap indeed. Quite seriously they could well be worth £1 a share or more. And this is why.
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