Keep in mind that drilling will continue for the rest of the year so continuous results will come through. As far as quarterly goes in my book it's still very positive for the company, CGM has essentially only been cranked up for just over a year......2010 Revenue $5.5 mil ....2011 $22 mil revenue and this financial looking to be around the $30+ mil. Damn good for a company with only 400mil shares and trading at such a low SP. Find another that offers this much for so little !!!
CGM Price at posting:
6.9¢ Sentiment: Buy Disclosure: Held