CGN 0.00% 1.8¢ crater gold mining limited

Reditigerinc,I agree. To raise 1.9 million dollars and be...

  1. 1,163 Posts.
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    Reditigerinc,

    I agree. To raise 1.9 million dollars and be undersubscribed by just $284,000 is a big positive in this market.

    It shows confidence in the resource and perhaps Mr Chen but not the rest of management.

    I would think the comapny must have a number of big and confident backers.

    I would also think the directors all took up the rights issue.

    Perhaps the next few years is our time to recover what we have lost and with a bit of luck pick up a little more.
 
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