CGU 0.00% 2.9¢ commissioners gold limited

It is sad that support for the stock has now slowly...

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  1. 1,390 Posts.
    lightbulb Created with Sketch. 17
    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
 
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Currently unlisted public company.

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