CAH 0.00% $1.71 catalpa resources limited

letter to shareholders, page-4

  1. 1,162 Posts.
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    Have to agree with you Axe and fly. I do see mid to long term pain here. Gold is a risky commodity and who knows what price gold will be in a year or 2. I personally don't think gold will get past $1550.00 per ounce at the end of this year.

    I had my chance to take a decent profit when the price was more than $2.00 I thought we had still had a bit more growth but that did not evenuate due to the problems on site with the mill and north wall collapsing. If I sold at these current prices I would be waikng away with a small profit. Not a good outcome for all the risks over the past 2-3 years. I also hold CAHOB options (some free from the Westonia days and some bought) so I may as well kiss them goodbye.
 
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