CRE
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0.00% 5.4¢ crescent gold limited

capital raise soon

  1. Beardy
    2,444 Posts.
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    11/03/11
    12:01
    Post #: 8036813
    They are losing $ 10m a quarter on production

    March 11 qtr will be an even bigger disaster becuse of floods----lost 18 days production in the quarter but production expected to be 1/2 of budget---go figure

    Repaid loan of $ 15m

    Won't be long before they will be out of cash
    CRE Price at posting: 5.3¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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