CGN 0.00% 1.8¢ crater gold mining limited

Heading in the right direction - Hang in there., page-21

  1. 1,921 Posts.
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    The PNG terrain isn't easy - I will give you that but where did you get info around the costs, to determine how achievable the goal actually is? I cant seem to find anything.. Other than HGZ production costs being under $400 per oz. That extends up to 500m deep.


    Regarding the long play - Getting gold back to market to stimulate buying - Isnt that exactly what we would hope for being a gold mining company? Also I dont see why Sam would be underwriting another cap raising, if there was no belief in an achievable end - seems like false economy.

    PS I'm not a new investor, Not sure how closely you have been following but I do believe we are better positioned in the near term than many junior goldies - even with a shotty gold price.
    Last edited by Romann: 14/05/15
 
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