CGT castlemaine goldfields limited

Ann: Ballarat Gold Project - Progress Update , page-10

  1. Osi
    18,680 Posts.
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    A floor will be set by the gold pour in September and associated updates on grades and volumes.

    Prior to then we have a quarterly next week which should put some additional context around the developments that have been announced.

    A key question concerning whether this stock goes into overbought mode at some point during this quarter (and next) relates to whether or not the broader market views emerging goldies like CGT as safe havens or as a porfolio hedge.

    Given that brokers and advisers generally point retail customers in the direction of bigger, more established gold miners, recent media coverage of CGT may be very relevant to what happens next.

    Just my views.

    cheers
 
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