Articles related to Central Gold
 
24hGold - Publicnow
GOLD Attractive gold assays from Chameleon Deposit, Kalgoorlie
9273dd85-ac5b-4bd3-8300-f8d999b8b7ac.pdf MINOTAUR EXPLORATION LIMITED ACN 108 483 601 ASX: MEP 4 July 2016 MINOTAUR EXPLORATION ASXRelease Attractive gold assays from Chameleon Deposit, Kalgoorlie Highlights Positive results returned from infill drilling program at Chameleon gold deposit, near Kalgoorlie Standout assay results include: 11m @ 4.6 g/t Au from 75m downhole in hole 16RCCM005; including 5m @ 7.5 g/t Au from 80m 5m @ 4.4 g/t Au from 170m downhole in hole
Monday, July 4, 2016
Bullion Vault
Gold Bullion -1.5 for Week as Fed Points US Rates Higher, But ETF Investing Expands Again
GOLD BULLION prices slipped from a morning rally in London trade Friday afternoon, heading into the weekend $10 per ounce above yesterday's 3-week low as world stock markets rallied from new 6-week lows. The price of gold bullion still held 1.5% down for the week as the Dollar rose further following Wednesday's news that the US Federal Reserve will "likely" raise US interest rates at its June meeting.
Friday, May 20, 2016
Bullion Vault
Gold Demand 'At Record in Q1' But 'Uncertainty Abounds' on Jobs, Brexit, No.1 China Jeweler's Profits Warning
GOLD DEMAND and supply through London trade saw prices pop 0.6% higher lunchtime Thursday, rising to $1273 per ounce after new data showed US jobless benefits claims rising more than expected last week. Asian and European stocks markets meantime recovered earlier losses after New York closed lower overnight, while US government bond prices edged lower, nudging interest rates higher. UK governm
Thursday, May 12, 2016
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds
It looks like we have had some notable changes in the closed end trusts and funds since February.  I include both the current and the previous charts of these instruments below. The first thing that I looked at is the drawdown in gold bullion at the Sprott Physical Gold Trust that has occurred since February of about 57,702 troy ounces.  I think it is probably due to redemptions rather than fund sales because the cash level of the Trust is a workable but relatively modest $1,870,00, down from a
Wednesday, April 13, 2016
24hGold - Publicnow
Monument Announces Significant Intercepts Assay Results at Buffalo Reef/Felda
Vancouver, B.C., April 11, 2016, Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) 'Monument' or the 'Company' is pleased to announce that significant intercepts assay results have been received for the Buffalo Reef Central ('BRC') and Felda Land ('Felda') deposits at Selinsing Gold Mine driving by Monument fiscal 2016 exploration programs ('FY2016 Exploration'). The FY2016 Exploration includes definition and extensional drilling and associated metallurgical test work to update resource stateme
Monday, April 11, 2016
Jesse - Le Cafe Américain
Gold Daily and Silver Weekly Charts - More 'Flight To Safety' - Active February
Gold showed some strength today in an add on to the flight to safety trade, even though there was a midday hit on price that was pure antics. The dollar moved lower and silver wallowed. I posted an update to the NAV of Precious Metals Funds and Trusts today. Sprott has successfully absorbed the Central Gold Trust. It raised some cash and added substantially to their bullion and shares under management, so its a good deal for them. Let's see if time shows if it is a good deal for the trust u
Wednesday, February 3, 2016
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds
Having completed the acquisition of the Central Gold Trust, the Sprott Physical Gold Trust now reflects that additional bullion and the cash assets obtained through the transaction through the disposition of bullion. Obviously the Central Gold Trust is no longer listed and has ceased to exist. The Sprott Silver Trust has sold some bullion to raise cash and is now well funded. The Central Fund must address their cash position, either through a bullion sale or a secondary offering.
Tuesday, February 2, 2016
Gary Tanashian - Biwii
Precious Metals: A Positive Big Picture View of Risk vs. Reward
By Gary TanashianWhile routinely following the precious metals as one of many sectors in NFTRH, we have mostly left it alone with respect to public writing over the last few years.  That is because it is in a bear market and since I am not a slick short-term trader, I have felt it is best to mostly just let it play out to the bear's will without overly active involvement.But several indicators have us on alert that 2016 is going to be the year that the bear ends in gold and gold stocks.  So why
Tuesday, December 22, 2015
Jesse - Le Cafe Américain
NAV Premiums of Precious Metals Funds and Trusts - Quad Witching Expiry
It appears that the Central Gold Trust, Sprott Gold and Sprott Silver have all sold some bullion to return their cash assets back into the black. The only one that did not have to sell was the Central Fund. Although it has the currently worst discount to NAV, it has one of the better cash to expense positions perhaps of these. Weathering the storm and all that.
Friday, December 18, 2015
24hGold - PR Newswire
GOLD Central GoldTrust Announces Termination of Definitive Agreement with Purpose Investments Inc.
TORONTO, Dec. 16, 2015 /PRNewswire/ - Central GoldTrust ("GoldTrust") (symbol: TSX - GTU.UN (C$) and GTU.U (US$); NYSE MKT - GTU (US$)) announced today that GoldTrust has entered into an agreement (the "Letter Agreement") with, among others, Purpose Investments Inc. ("Purpose") and Sprott Asset Management Gold Bid LP, pursuant to which Purpose has terminated the definitive agreement, dated November 26, 2015 (the "Purpose Agreement"), among GoldTrust, Purpose, Silver Administrators Ltd., Silver B
Wednesday, December 16, 2015
Jesse - Le Cafe Américain
NAV Premiums of Certain Precious Metal Trusts and Funds
Premiums are definitely falling on the Central Gold Trust, no doubt due to the acquisition offer from Sprott. The Sprott Silver Trust has a negative cash balance, although I have just marked it to 'zero.' They will likely sell some bullion to raise money.
Friday, October 30, 2015
24hGold - Noodls
02 October 2015 Update KIG Transaction
114c0f983e6dff1a151fe6.pdf ANNOUNCEMENT Update on KIG Transaction 2 October 2015: Brisbane, Australia - Citigold Corporation Limited ('Citigold' or 'Company') (ASX:CTO) hereby advises an update to the announced agreement, as varied ('Agreement') in respect of the proposed joint venture ('Joint Venture') between Citigold and Kingsford Investment Groups Ltd ('KIG'). On 26 August 2015, Citigold advised that it had agreed with KIG a revised payment timeframe in respect of the $72 mil
Friday, October 2, 2015
24hGold - Noodls
Annual Report 2015
984b2bbf03cc6cf7de0a8c.pdf ZAMIA METALS LIMITED ABN: 73 120 348 683 Annual Report 2015 Table of Contents Corporate Directory 4 Chairman's Letter 5 Review of Operations 6 Tenements 19 Personnel, OH & S, Environment & Community 20 Corporate Governance Statement 21 Directors' Report 22 Auditor's Independence Declaration 29 Independent Auditor's Report 30 Directors' Declaration 32
Wednesday, September 30, 2015
24hGold - Noodls
Robust Economics for Joint Venture Project
Alecto Minerals plc / EPIC: ALO / Market: AIM / Sector: Exploration & Development Alecto Minerals plc / EPIC: ALO / Market: AIM / Sector: Exploration & Development 29 September 2015 Alecto Minerals plc ('Alecto' or 'the Company') Scoping Study Demonstrates Robust Economics for a Joint Venture Heap Leach Project with Desert Gold Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company, is pleased to announce that further to the co-operation agreement entered into wi
Tuesday, September 29, 2015
24hGold - Noodls
Robust Economics for Joint Venture Project
Alecto Minerals plc / EPIC: ALO / Market: AIM / Sector: Exploration & Development Alecto Minerals plc / EPIC: ALO / Market: AIM / Sector: Exploration & Development 29 September 2015 Alecto Minerals plc ('Alecto' or 'the Company') Scoping Study Demonstrates Robust Economics for a Joint Venture Heap Leach Project with Desert Gold Alecto Minerals plc (AIM: ALO), the AIM quoted mineral exploration company, is pleased to announce that further to the co-operation agreement entered into wi
Tuesday, September 29, 2015
The Gold Report
Jayant Bhandari Presents Arbitrage Opportunities for You to Pounce On
Jayant Bhandari, an institutional investment adviser to the junior mining market, is like a leopard stealthily scanning for market inefficiencies that will make his clients more money. The most promising arbitrage situations—trades that exploit price differences between similar financial instruments—come about as a result of takeover bids, while others happen when a company's shares trade significantly below its cash on hand. In this interview with The Gold Report, Bhandari shares arbitrage oppo
Tuesday, September 8, 2015
24hGold - Noodls
26 August 2015 Update KIG Transaction
Microsoft Word - 150826 ASX Update.docx ANNOUNCEMENT   Update  on  KIG  Transaction 26   August   2015:   Brisbane,   Australia   -   Citigold   Corporation   Limited   ("Citigold"   or  "Company")   (ASX:CTO)   hereby   advises   an   update   to   the   announced   agreement  ("Agreement")   and   proposed   joint   venture   ("Joint   Venture")   with   Kingsford  Investment  Groups  Ltd  ("KIG").   A   revised   structured   approach   to   the   payment   of   the   $72   million   h
Wednesday, August 26, 2015
24hGold - Yahoo
GOLD Sprott Gives Central GoldTrust Unitholders Opportunity to Improve the Performance of Their Investment
TORONTO, June 23, 2015 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott") together with Sprott Physical Gold Trust (PHYS) (TSX:PHY.U) has issued a letter to Central GoldTrust ("GTU") (NYSE MKT:GTU) (GTU-U.TO) ("GTU") unitholders outlining the benefits of their offer to acquire all of the outstanding units of GTU on a Net Asset Value ("NAV") to NAV exchange basis. In the letter, Sprott highlights that its offer provides unitholders with significant benefits that GTU has been unable to of
Tuesday, June 23, 2015
Jesse - Le Cafe Américain
NAV of Certain Precious Metal Trusts and Funds - Sprott Bid For Canadian Metals Trusts
Bloomberg reports that Sprott may be planning an 'unsolicited bid' for the acquisition of the Central Gold Trust and the Silver Bullion Trust.  The planned acquisition would cut the 'trading gap' or NAV discount of the Gold Trust. The market has already cut the discount roughly in half this morning with a rally in the price of GTU. "Sprott Asset Management LP is planning to make an unsolicited offer to acquire Central GoldTrust and Silver Bullion Trust valued at $800
Thursday, April 23, 2015
Jesse - Le Cafe Américain
Stanley Sees a Rebound Coming, Tax Revenue Is Obsolete 
"It [Nixon closing the gold window on a Sunday evening in 1971] was one of the most dramatic economic events ever, a very big deal and I was at the epicentre of it on the floor of the New York Stock Exchange… He [Nixon] was spinning political speak, but what he was saying was that the U.S. has defaulted on its debts. And it got me thinking about what money is. What are dollars if they are not tied to gold? I saw how the government lied or certainl
Friday, April 17, 2015
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