CGT castlemaine goldfields limited

Audacious on the UML thread attended their AGM and here's a...

  1. 269 Posts.
    Audacious on the UML thread attended their AGM and here's a little quote from what he says:

    "the plant at Kangaroo Flat is on care & maintenance and YES they want to do SOMETHING with it! Puzzling?? Certainly all those interesting phrases are in use again, "Growth options/ Diversification & new opportunities" and my favourite, "Acquisitions in the junior gold sector"

    so UML is seeking acquisitions in the junior gold sector and now has an excellent opportunity to acquire a big holding in CGT

    I notice also that CGT's tenements at Chewton are about half way between Bendigo's Kangaroo Flat mill and the Ballarat mining operations - on the map Bendigo, Chewton and Ballarat is almost a straight line and the roads between them would be suitable for large ore trucks

    looks to be an excellent combination, CGT and UML with the Kangaroo Flat mill taking ore from a development at Chewton
 
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