No matter what CGR senior mgmt does, they are unable to create shareholder value.
Either the Board of Directors is not doing their job by protecting shareholder interest or they are in denial that their senior mgmt staff is ineffective. This company has lost 90% of its market cap in the last two years. At this rate, they'll all soon be out of job thanks to their senior mgmt.
well, maybe you are right there lookin,
you been in this stock longer than most
was reading Harvey organ's blog today and read something interesting,
where JPM has flipped from short 50k Au contracts on the Comex to long 50k contracts
all while they managed the price down,
they are very good at what they do
they were Bernie Madoff's chief banker after all
so anyway, that's like the most bullish development in a long time
if guys like lookin are thinking this thing is dead money
then maybe that is a sign we have reached the nadir
of all the gold and silver stocks on my radar,
CGR outperformed them all yesterday
can't remember the last time that happened
so anyway, yep, down big overall lately, but not in this particular stock
still feeling good about EXK, BRD, and yes, even CGR
even like MEAOF, because...
they make CGR's management look good by comparison, that
and the stock trades under ten cents
could stand to be more nimble,
could be more disciplined,
could have diversified out of this sector,
oh well, just gonna ride it out