CRE crescent gold limited
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$0.075 - 7/4/2011

  1. blao
    1,185 Posts.
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    07/04/11
    12:36
    Post #: 8229068
    Can we reach to that target?

    SP is going up because of upgrade resource. However, I beleive that some banks are willing to provide funds (debt or equity) to CRE very soon.

    I reckon $20m debt is much better than $20 equity because issued share will not be diluted. With current gold prices, CRE will turn around very soon.

    CRE should only raise equity when SP beyond $0.20
    CRE Price at posting: 6.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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