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Continental Gold Limited New CGOOF

Metals & Mining Industrial Metals & Minerals


GREY:CGOOF - Post by User

Continental Gold Limited New > How to Get Operating Mines for Free
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Comment by Max_Valueon Sep 12, 2017 9:36am
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Post# 26683946

RE:RE:How to Get Operating Mines for Free

RE:RE:How to Get Operating Mines for Free
Well, they produced more than 100k oz/year , but balance sheet doesn't look good. Negative working capital, increase in long term debt, only 3 mio cash, ...

Free cash flow was only 3 million, how do they wanna pay down all the debt?

All of that explains why Gran is valued that low.

mAx
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