"cgm is not like other stocksit is basically a listed private...

"cgm is not like other stocks

it is basically a listed private company

they dont need short term attention, they dont need pressos, they dont need brokers, they dont need retail holders."

Gizard this is really treading on thin ice, there are requirements to be a publicly listed company and originally it was public investment through the initial IPO that gave CGM the start that bolstered it to be able to progress and inject funds into the CEO's pocket back at floating time. At no stage ever did they state in the initial IPO that they were seeking to gain funding to operate as a private company.

They needed "short term attention, they needed pressos, they needed brokers and they needed retail holders" when they did their IPO and when they did a CR and to pay Randal and his team until they made profit.

Randal only injected funds from what I can see to bolster CGM after a terrible CR involving Patersons back in '09, there never has been any mention of wanting to operate as a private facility under a public umbrella. If there was I'm sure that their would be questions promptly raised by the ASX.

As a public company it is 100% their responsibility to both the ASX and fellow owners/shareholders to announce anything that can effect the SP and company's value. Hold ups, gold production, exploration drilling results as they happen, drilling contracts in both Uruguay and Brazil are all items that could've and would've effected the SP and should never just be bundled in a quarterly or perhaps held until an AGM. The lack of announcements from my research is stretching the ASX requirements to the absolute limit as are the late reports resulting in a suspension and an SP fall.

The lack of announcements as a public company as I said need to be addressed in my opinion.

IMHO DYOR

GL holders