CGT 0.00% 21.0¢ castlemaine goldfields limited

nice sp increment, page-3

  1. 1,860 Posts.
    as a member of international forum for goldbugs I was asked to write up some summaries of the best aussie goldies

    here's what I wrote as one of my favourites

    "Castlemaine Goldfields (CGT on the ASX) because it's severely underpriced having all of the required infrastructure such as an almost fully developed mine and a complete mill, adopting a very profitable small scale extraction method in preference to Lihir who tried bulk mining at the Ballarat mine and couldn't make it profitable, $20 million in the bank, two major reefs now defined and tunnelling into them begins next year, has a complex geological setting but the guys now operating the mine have done years of research on the geological structure"

    I'm seeing a lot of overseas interest building up for our goldies and seems they are most interested in our high grade miners (smarter than our locals?)
 
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