One big thing to keep in mind is that GOLD relates to wealth and currency and has done for thousands of years. No matter what happens financially and how opinions differ during various time periods gold is still always sought after for financial security....Globally.
After a quick dip to around $1680.00 overnight GOLD is onca again holding it's own at around US$1715.00 to US$1720.00. Compare that to one year ago and compare CGM's position to now.
CGM's GOLD pouring from the cyanide plant is most likely less than 30 days away whether trial mining for exploration or not...........That's income earning production.
What about many other gold speckies at 30cents or more with not much in the way of tenaments, needing SPP's, or with management gobbling up shareholders funds.
CGM stands out and should be realised for what it is?
New assay reports.............not quite what some wanted, how much do you want, though. The other Bonanza grades are still CGM's tenament areas. They didn't just disappear, these findings are all setting a future foundation for CGM's growth from a driller, explorer to a full time miner.
The great grades they have found are still there, anything else is a bonus. So, remember when the share price rallied to .105 c what has changed since then.
Quarterlies are better than then. Cyanide plant is fully operational. We own more rigs, more gold has been defined regardless of quality. New maiden drilling in high prospect areas is being commenced.
Gee guys, we're only a small company what do you all expect.
Once again IMO CGM is doing great
IMHO DYOR
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CGM Price at posting:
6.9¢ Sentiment: LT Buy Disclosure: Held
