CJO cerro resources nl

Hi looking for cheap gold developers now the europeans (and...

  1. 9,898 Posts.
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    Hi

    looking for cheap gold developers now the europeans (and yanks?) have got the printing presses going again.

    latest CJO ppt 5 Sept says it has 3.2Moz gold,70Mozsilver.
    did buy a few last week.

    also have AMX - 3.1Moz gold resource - is $151M mkt cap.

    any idea why CJO is only $50M if its ~2 years closer to producing than amx?

    also - any views on CJO $US516 per ounce mine cash cost? that low?

    interested in this - or if you know of any cheaper gold thats as close or closer to production at low mine cost.

    cmon ben bernanke! it may not happen overnight - but it will happen!

 
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