CGN 0.00% 1.8¢ crater gold mining limited

Ann: Bonanza gold grades intersected at High Grad, page-55

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  1. 791 Posts.
    re: Ann: Bonanza gold grades intersected at H... mitzu,
    A lot of junior explorers are trading at cash backing atm.. this isn't & has managed to attract a substantial investor in this bleak market.. top marks to management imo

    they have an asset which produced 15,000 oz gold between 2005-12 using shovel and pan ($20m ++). Imagine when they get some machinery out there. Then they can develop Nevera and wait for a recovery in the gold price.

    I like the plan, I like Sam & I like the fact that the HGZ is within an area that has already been mined (far easier to obtain approvals etc).

    I agree on one point .. everybody should do their own research
 
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