CGN 0.00% 1.8¢ crater gold mining limited

Ann: Mixing Zone exploration to resume at Crater Mountain, PNG-CGN.AX, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 329 Posts.
    lightbulb Created with Sketch. 9
    Doesn't sound like he's excited.

    Not sure I am either, but I'm optimistic.

    Many LT holders were burnt pretty hard by previous management. The share price was destroyed over time all the way down to 0.001 until a 100 to 1 consolodation occured. Pretty bleak.

    What I like about the current situation is that $500k of gold sales have been achieved in 4 months and genuine efforts appear to be being made to ramp this up. Previous management made sales of only 17 ounces! (I think that's correct).

    To me the difference between CGN now and CGN a few years ago is massive. There's more potential now than ever before.

    Will LT holders ever break even? Unlikely, hence the mainly bitter mood in the comments. Fair enough but might be time to let go.
 
watchlist Created with Sketch. Add CGN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.