CGT 0.00% 21.0¢ castlemaine goldfields limited

catalyst for movement, page-30

  1. 3,827 Posts.
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    A month later remains in the 'way oversold' category - and still on the slide down.

    $16m cash in bank at 31/11 and producing significant gold as of February.
    $23m market cap now. That's ridiculous.

    One half good announcement about production, cash flow and/or exploration and this should gap up to 15c plus on way back up to 20-30c.

    But seems nobody willing to take punt now. Not a lot of communication from management to the market, not a lot of trust and not much buying from anyone.
 
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Currently unlisted public company.

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