I think a lot of people don't understand CGM. I know a couple of people who have looked at it and dismissed it immediately by assuming they're just a small cap with no cash looking for a resource. Some posts on hotcopper have also been along those lines.
Onshow mentioned that Michael Fry will be putting out an investor presentation -- which I think will help immensely to explain this company and why it's very undervalued.
In the mean time, he "risk off" trade will probably keep CGM at these levels a little longer.. which is great if you want to accumulate, but it won't last forever. Especially with POG > $US1,800 and AUD/USD back near parity.
CGM Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
