aaarrrrgh
Not the dreaded CAD1.61. I can not believe it. CGX with its 10 million ounce deposit is heading down to the $1.00 level if things get really serious.
No worries - CGX has plenty of cash on hand to ride out the storm so long as the USD POG does not fall below 1000.
Was it something they said in their "Management's Discussion and Analysis and Interim Financial Statements?" that brought the share price lower? I will have a read of it in the fullness of time. I wonder if they mentioned anything about increasing production to 300k ounces pa.
loki
Ann: Quarterly Activities Report , page-11
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