All three of these had grand plans for the future all three are...

All three of these had grand plans for the future all three are languishing so far behind there forecasts its embarrassing. Cto imo incompetent management in it to bleed investors completely dry. have not come close to ever meeting any targets and always wondering where there next dollar will come from , but if cash is taken out of the equation then at 95 mill has over double the market cap of BDG and CGT. Supposed 10 million oz resource that is very questionable. Had great historical production figures but current mining failing to replicate.
BDG once the market darling of Aus gold with grand plans to be a high grade large tonnage producer, Very lucky to raise cash before admitting to failing to meet targets . It to was once spruicking 10 or so million oz at good grade but again orebody,s failed to deliver. Management has done a reasonable job of restructuring and reducing costs and at least making BDG get and keep its head above water. Bought a worn out project in Tasmania that hasn't so far shown much promise. Very healthy cash pos and produces profitably some of the time but has the capacity to do well with a rising gold price due to the low grade they left behind a couple of years ago.Take cash of 55 mill out and the two operating gold mines are only worth 50 mill.
Cgt This is where it gets intresting , Lihir were targeting 9 million ounces , spent hundreds of millions aquiring and developing it again to see it not live up to expectations .It did however have a few quarters where grade was of a reasonable to good standard but tonnages very low compared to expectations.They developed areas that were never the main game and developed to very close proximity to areas that are now the main game for CGT. Cgt have inherited for very low cost some great Lower Llanberris drill results
13m @ 329 g/t
10m @ 24 g/t
6m @ 28 g/t
4m @ 40 g/t
6m @ 23 g/t
5m @ 19 g/t
11m @ 8 g/t
12m @ 7 g/t
5m @ 13 g/t

3m @ 18 g Upper Llanberris
8m @ 24 g/t
6m @ 31 g/t
5m @ 36 g/t
10m @ 14 g/t
4m @ 36 g/t
14m @ 8 g/t
3m @ 20 g/t/tt
Into the bargain they have Castlemain a world class goldfield in its own right with no perceived value despite having a decent jork. OK Cgt are not mining and have gone exploring but have plenty of cash to do it. All the gear and plant is there to cheaply get back to mining .Cgt market cap 43 mill (13 take out cash ) yet CGT imo has the development and the known drill results to make the best go of these three despite being the cheapest ( cash taken out ) buy a country mile. If you havent taken a decent look at CGT now is the time to do so as one would not think it will stay at these levels if the drilling they are doing turns up more visible gold and good results.