CGR 3.13% 16.5¢ cgn resources limited

Ann: Drilling Commences at Webb IOCG Targets, page-233

  1. 137 Posts.
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    The fact CGR and RCR have nearly the same market caps is an absolute joke. RCR barely has any $$, already have confirmed one of their drills is a duster, have shallow targets, director history of pumping and dumping stocks the list goes on. CGR are fully funded for 6 drill areas, very strategic in terms of communications and capital outlay. One of these is a short term hype play where you could make alot of money (and is fraught with danger), the other is a well run company who won't put out announcements like 'possible luni comparable site' with no substance. What this means is that if CGR do find something, the SP is going to absolutely pump because it will be a meaningful announcement.
 
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