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Message: Re: Observations
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Jun 03, 2009 05:56AM

Jun 05, 2009 10:29AM

Jun 05, 2009 11:06AM
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Jun 06, 2009 03:10AM

Jun 06, 2009 11:07AM

Jun 07, 2009 02:48AM

Org,

I for one agree with you that CG has not got the resources to make a meaningful acquisition. Therefore they may be looking to be acquired. If that is the case, then the need to spend the amount of cash that they are spending is not in the interest of the shareholders in general. It only benefits a FEW.

I wish the Company would change their strategy to conserving their (OUR) money to be used to expand operations. My projections, ex merger expenses, based on Company production estimates, show gold sales in 2009 at $38 million and sales of $61 million in 2010. If the Company uses the money properly the stock should reach $1.34 by the end of 2009 and $2.55 by the end of 2010. Continued growth in 2011 should bring up the stock to over $6. All of this based on a gold price averaging less than $1000/oz. Is this not enough for management???? It would be for me. How about everyone else out there that invested based on projected revenue and income? I think it is time to tell management that we want them to stick to the plan and stop spending foolisly. Who's in agreement.


Jun 07, 2009 03:54PM

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