It is sad that support for the stock has now slowly evaporated....and rightly so.This was an experimental collaboration with the principal partner Goldsmith failing to deliver production on time and within budget. It is hard to believe that Inca One a Canadian Co. bought an old production mill and had it up and running in about 3 mths...Shareholders should be rightly outraged and not be supporting of any motion rewarding management with shares for wages.One of the real concerns is that any proposed "rights issue" really goes towards partly paying salary to Jason Needam...who has so far found CGU not worthy of direct investment...even on a salary of $200,000 p.a
Cheers
CGU Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held