CGU 0.00% 2.9¢ commissioners gold limited

Good pick up..once in production this couldl now put CGU ahead...

  1. 1,390 Posts.
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    Good pick up..once in production this couldl now put CGU ahead of
    some low profile junior producing explorers like ORS ...Which at higher share price ..around 10c may not generate same level of near term profitability..based on last ORS 5B.....Market not yet on to this potential low cost cash-flow story at current CGU price interest.You only have to do the numbers on what i believe
    couldl be around $700/ounce[based on current$A gp] net return,with higher grades, once operational issues clarified.So a share price of around 10c may not be unrealistic...once in production

    cheers
 
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