now sam chan has 60% of the company, so he won't give a rat's what the share price will do…
on the bright side, with $4m in the bank and the HGZ Target – 50 to 250 kt @ 13 to 30 g/t Au for 60 to 100k Oz of contained Au, you would think CGN should net between 30m and 50m just from that for a cash only SP of ~25c to 40c….
Still a long way from my average of $1.55….
What an unmitigated disaster this has been - and it's not finished yet!
EE.
CGN Price at posting:
7.9¢ Sentiment: None Disclosure: Held