Centerra Gold Inc T.CG

HUGE OVERREACTION

[Jayd33]

$CG -30% Overreaction because the Kyrgyz Republic Government passed a law that it MAY impose external management for up to 3months in case its activity poses danger to human lives or the environment. D

O NOT FORGET:
Kyrgyz Republic is the largest shareholder owning 77,401,766 SHARES. In march.12 was worth 740Million now 530million.

They are not going to loose out on that kind of money........

RELAX EASY REBOUND COMING

[kkkrrr]

yes Kyrgyz owns this amount of shares but maybe they think mining the gold without centerra makes them more profit as the value of the shares ...    2-3 years production makes them 1 billion USD ....   thats the real calculation

[robnhood]

CG always has that grey cloud of Kyrgstan floating over its head but now the skies have gotten a lot darker.  So 30% may be overdoing it but the stock has become much more of a gamble and this causes investors to avoid it.  Few buyers and lots of sellers who have had enough supports why it has gone down this far and could go lower.  

[Jayd33]

Nothing has changed... Comany just tried to do somthing and gov't go mad at the end of the day nothing has changed, its not more people have to look into external managment. They are not taking the company away just  limiting what they can do the WRONG way. That is all

[Ctol80]

Invest at your own risk people. I owned this stock for years and full disclosure I did really really well. I got the f out of dodge when Japarov took power. There is a history between him and CG and he's out for blood. This is the problem when you invest in countries like these - risk and reward but you need to go in with both eyes open on what the risks entail. What is disheartening is that

[kkkrrr]

there was a prosposed takevaver-offer for Kumtor 2-3 years ago   ( Chaarat Mining) ... maybe a salew is an possible backdoor-option here... 

[kkkrrr]

biggest question is this lawsuit... haw Kyrgyz thinks to catch the 3.1 billion USD? the have a chance to get these money? i think not CG could sue Kyrgyz at international courts ...    its highly possible Kyrgyz will freeze accounts first but for CG its not a big problem because cashflow from Mt. Milligan and scut is good... CG has enough options here...