CGX has an imminent JORC coming out on its high grade African gold play and is also ramping up towards 200,000oz a year of gold in its Asian operations.
Right now we have a buyer at $1.90 and a seller at $2.09 with last trade at $2.09 and very few shares traded today or for weeks in fact.
Suggest people do the calculations themselves into the current PE ratio and what the JORC may be. Then have a think about the fact that both plays have a great deal more ground to explore yet.
Blastoff
CGX Price at posting:
$2.09 Sentiment: LT Buy Disclosure: Held