CGX 0.00% $2.72 cga mining limited

presentation and audio

  1. 3,352 Posts.
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    CGX soon in acquisition mode again, as of July 1st, looking for a project of similar stage and size to Masbate in Australasia. Given it took only two years from purchase of the Masbate project to first gold pour, with development more or less on time and budget, I'm excited by this news.

    Masbate production is unhedged for first 12 months with minor hedging 5 years after. Excellent leverage if you believe USD gold is going higher. Some other useful titbits of information here:

    http://www.sydneyminingclub.org/presentations/2009/june/CGA/player.html

    Rowingboat.
 
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Currently unlisted public company.

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