Great to see the acquisition of the PNG gold tenement. PNG is a country bound with natural riches. It is called "the ring of fire" for a reason! I've noted it is increasinly hard to establish a presence in PNG. Only big boys or JV's with the bog boys are welcomed so it is great to see the team at CWG have been able to achieve a close to imsurmountable feat! Credit goes to where it is due.
I am very interested in this proposed capital raising. I want in! I hope this is open to shareholders too!
I want to participate as the vendor has only gained unsecured convertible notes! This means if the tenement is worthless, he will share the burden and wont be the first to paid out if the company goes under. So this shows the vendor has good confidence of the potential of this project.
CWG Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held