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Continental Gold Limited New CGOOF

Metals & Mining Industrial Metals & Minerals


GREY:CGOOF - Post by User

Continental Gold Limited New
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Comment by AndrewKenon Oct 28, 2014 11:07am
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Post# 23067612

RE:RE:RE:RE:financing is coming?

RE:RE:RE:RE:financing is coming?"Jamie Spratt, Clarus Securities (10/7/14) "Continental Gold Ltd. has a strong balance sheet with $85M in cash ($0.67/share) to fund its ongoing 60,000m and underground development and exploration program and continue to advance the project toward a construction decision in Q4/15. We see few development opportunities in the gold space today with comparable all-in margins ($400/oz) or potential upside on resources (to 10–15 Moz)."
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