depth

15k worth of shares bought / sold today, leaving the sell side with less than 450k of shares on offer. Unfortunately the buy side is not healthy either, 8 buyers for 2m shares.

Having watched this stock for some time it has always appeared closely held, with price spikes (and falls for that matter) occuring as a result. If management actually get their act together and the coal assets turn out to have some value some of us might even get our money back.

Creating a viable business is the key, however given it is not a heavy trading stock the ride back up to 7 cents and beyond could be quick with the right news.

Unfortuantely the only remaining anticiapted news is the drilling in the first half of next year, here's hoping the pain of 2011 sets up CGV in 2012.