CRE crescent gold limited

is it profitable ?

  1. 2,468 Posts.
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    The issue here is whether the business of mining gold and having Barrick process it, is in fact profitable

    It looks to be making a loss on production, and if this is correct the company won't survive----as it will not get further capital from investors

    This is the issue that needs clarification by the company

    It is clear that thi quarter is going to be a disaster caused bt weather, but the 2 previous quarters also look to have been terrible.
 
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Currently unlisted public company.

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