CRE crescent gold limited
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its only worth its cash

  1. echucaz
    17 Posts.
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    16/08/08
    12:09
    Post #: 4116771
    Directors (Deutche) made the right decision. You cannot make money at 1.5g/t on 1Mtpa with a work force of 160 people. Better to earn 8% on $50M cash than burn it up on op losses. They completely mismanaged the plant expansion.

    CRE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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