Satori444,
Have 2 pennydreadfuls for you, one gold the other gas.
Gold - CTO.
Management do not have a good track record.
Reserves are huge if you believe them.
Cost of production very low if you believe them.
Will start shipment 2003 if you believe them.
Just did a placement for resource development but more cash will be needed.
Share price has shown strength in last couple of weeks following recent announcement - have a read.
Gas - MPO.
Management don't know much about.
Have good and creditable JV partners.
Have large resources close to Queensland and NSW grids.
About to begin supplying in April this year. Small amounts to small customer.
Have been told this stock definitely worthy of watching.
Will probably need more cash.
Read announcements.
Rob.
Satori444,Have 2 pennydreadfuls for you, one gold the other...
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$60.00 |
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