Mo, I also think something is up here and we will see a rise over the next few months. Given they have been in Peru for over a year I am taking a wild guess that they have a deal already done on more resources.
The newspaper article I posted second to last paragrpah makes the loosest of references to this.
Of course none of this is based on fact but the way the company is talking, thats the gamble I am taking.
NSW areas will be developed over time when the cash is coming in.
Should be an ann soon...
CGU Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held