yep problem is with their exploration, they've reduced their exp budget to $3M...since they've already spent $2M in MArch qtr I assume only $1M for rest of CY, so cant achieve much with that.
I've queried that with company as well so hopefully get a response.
I guess their focus is on maintaining profitability though, so nothing wrong with that. Make money now, spend it later hopefully when POG recovers.
Cdchi1
TGZ Price at posting:
80.5¢ Sentiment: LT Buy Disclosure: Held