CGT castlemaine goldfields limited

ZZdidn't TAM do a one for 30 share consolidation which explains...

  1. 269 Posts.
    ZZ

    didn't TAM do a one for 30 share consolidation which explains the increase in the share price? nothing much to do with Chinese money saving them - OZL also did a share consolidation which suggests their sp has actually changed very little over a two year period

    now for some thoughtful ramping of CGT

    CGT has no debt, no hedging contracts, $10 million in the bank, excellent mining infrastructure such as their declines and processing facilities, plenty of resources (complex but manageable), shares tightly held by sophisticated investors but numerous retail investors who believe the company has no gold and is about to become insolvent ... LOL
 
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