CGG citadel resource group limited

tied up

  1. 3,186 Posts.
    lightbulb Created with Sketch. 161
    Holding CGG shares is a costly business.
    The share price goes no where, in fact lately it has headed south.
    Potential is fantastic but no one seems to be interested.
    Is it due to the huge number of shares issued and in escrow?
    Results no matter how great they are when they are released does nothing for the sp and in most cases after the ASX announcements, the sp goes down?
    The extremely lengthy delays in obtaining the assay results most be placing their 2008 program way behind schedule.
    Maybe this is another reason why the sp is going nowhere as at the current rate we will be lucky to be still around by the time they start production.
    Obviously the Directors have great faith in the future of CGG as you can see by their on market share purchases.
    I also believe in the future of CGG but in the meantime i have been missing out on buying into other resource companies that have shot up in price due to my funds being tied up in CGG.
    Very frustrating if you are like me and have little patience, even though i have held for several years now.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.