CGT
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0.00% 21.0¢ castlemaine goldfields limited

all scrip takeover offer by liongold, page-4

  1. Alex999
    3,827 Posts.
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    16/04/12
    10:40
    Post #: 9985070
    I'm talking about price since successful CR in Nov and results since incl cash positive in Mar and increasing mining rate - sp should be well up by now. sp is 5.5c cash backed and at current approx 3k oz pm should be earning 2c per quarter already. Plus all the old CGT assets and Ballarat exploration upside. But strong selling esp JPM even after good results has kept price right down at basement level.
    CGT Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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