CGT castlemaine goldfields limited
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I agree Dyso. It looks dodgy. The letter to shareholders...

  1. ImpatientOne
    196 Posts.
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    19/04/12
    23:05
    Post #: 10008749
    I agree Dyso. It looks dodgy. The letter to shareholders suggests that the placement of 12.8% of shares (to LionGold)at 11.5 cents and the recommendation of an offer of 18 cents was considered and approved at the same time.

    It looks incredibly stupid or was CGT about to financially implode and they had no choice. Does anyone have a good handle on the financial situation?
    CGT Price at posting: 14.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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