RE: apart from getting salaries, etc11 Feb 2016 18:37
This share is frustrating no doubt, at least go heavy is getting a chance to average down. The board are major shareholders so will be looking for long term shareholder value. The fundamentals are improving, gold price is on the up, look at the 30 day trend, with equities everywhere being decimated. The news about clay lake was met with apathy but this may be where the real future value lies.. The board may be looking for a deal where cgnr keep a high percentage, I would be happy with a deal on sub optimal terms, a smaller percentage of something is better than a large percentage of nothing. Would need stronger news flow to build interest and that is not forthcoming. We may just be keeping the lights on until gold price makes an external investment easier with little cash for substantially increasing the resource in the meantime, just hope we can keep the company and our own lights st home on long enough for the payday. Good luck to faithful and faithless holders alike. Cgnr please keep us informed as in the absence of news we can only speculate with many assuming the worst.