CGT 0.00% 21.0¢ castlemaine goldfields limited

Ann: Ballarat - More Encouraging Results , page-6

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  1. 3,631 Posts.
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    If you take the historic drill hole Bdd 011 and as Cgt suggest that mineralisation is continuos then buy my calculations there is nearly 1 kilometre of continuous mineralisation so far on the Mako Fault, Much of it High grade. Comparing this to CTO with over 2 times the market cap and basically broke, is an absolute no brainer. CTO drill hole and inter section of what they report are consistently low grade and vast pockets of emptiness in-between. CGT is proving up very nicely with constant grade with pockets of very high grade. People should be more comparing CGT with SLR as this is more than likely going the same way where the bulk tonnage didn,t work but Smaller scale is working very well indeed. Not concerned at share price weakness at the moment as given the opportunity will be buying more. Just surprised that Bigger fish haven't cottoned on to where this one is likely to head when in production which they are basically saying is going to happen.
 
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