CGM cougar metals nl
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What this company needs to do is win a contract with Vale. CGM...

  1. Bargain
    831 Posts.
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    05/10/08
    19:24
    Post #: 4346803
    What this company needs to do is win a contract with Vale. CGM may not get as big SWK but I think they can still be a viable business using RC instead of the traditional diamond core drilling in South America. At the moment they are earning about $0.5 million a month from the drilling business. If they can get a few more rigs and some more contracts we will be set.
    CGM Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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