Doesn't sound like he's excited.
Not sure I am either, but I'm optimistic.
Many LT holders were burnt pretty hard by previous management. The share price was destroyed over time all the way down to 0.001 until a 100 to 1 consolodation occured. Pretty bleak.
What I like about the current situation is that $500k of gold sales have been achieved in 4 months and genuine efforts appear to be being made to ramp this up. Previous management made sales of only 17 ounces! (I think that's correct).
To me the difference between CGN now and CGN a few years ago is massive. There's more potential now than ever before.
Will LT holders ever break even? Unlikely, hence the mainly bitter mood in the comments. Fair enough but might be time to let go.
- Forums
- ASX - By Stock
- Ann: Mixing Zone exploration to resume at Crater Mountain, PNG-CGN.AX
Doesn't sound like he's excited. Not sure I am either, but I'm...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CGN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online