OTCQX:CGTFF - Post by User
Post by
Barebearon Aug 15, 2019 11:43am
159 Views
Post# 30031894
Karma
KarmaIn my opinion this is why this “venture” is trading at its 52 week low.
From this NR:
Press Ctrl-c to copy
“With respect to the mining sector, the French Prime Minister communicated the new environmental standards which mining projects will have to be in conformity with and will be defined in a new mining code to be enacted by the end of 2019. The Counsel considered the Montagne d’Or project was not yet compatible with these new standards.”
Anyone else read a blatant bias against this project? These “rules” aren’t yet known or enacted but Macron knows Montagne d’Or is not yet compliant.
It seems clear that FG isn’t open for mining business.
I’ve painfully hung on for around 66% loss (while G and F have sucked down huge salaries they obviously haven’t earned.)
I hate to leave at the bottom, but it seems there are only lower lows ahead. This is the nature of high risk jr exploration sector. But I believe shareholders have been particularly ill served by this Managment team. Karma is a batch.