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Centerra Gold Inc T.CG

Alternate Symbol(s):  CGAU

Centerra Gold Inc. is a Canada-based gold mining company focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkiye, and other markets worldwide. The Company operates two mines: the Mount Milligan Mine in British Columbia, Canada, and the Oksut Mine in Turkiye. The Company also owns the Goldfield District Project in Nevada, United States; the Kemess Project in British Columbia, Canada, and owns and operates the Molybdenum Business Unit in the United States and Canada. The Mount Milligan Mine is an open pit mine located in north central British Columbia, Canada producing a gold and copper concentrate. The Oksut Mine is located in Turkiye approximately 300 kilometers southeast of Ankara and 48 kilometers south of Kayseri, the provincial capital. The Molybdenum BU includes the Langeloth Facility in Pennsylvania and two North American molybdenum mines: the Thompson Creek Mine in Idaho and the 75%-owned Endako Mine in British Columbia.


TSX:CG - Post by User

Bullboard Posts
Comment by riverrockon Apr 27, 2008 5:56pm
258 Views
Post# 15013777

RE: Not Surprised

RE: Not SurprisedI was in Centerra from 08/2007 to 10/2007. 

If they hit they hit on hard times, do you feel that they have the strenght to come back?

Kumtor seems uncertain relative to ownership. Mongolia seems to be planing to take a bigger cuts based on the gold price on their furure projects. It doesn't make sense to mine gold for (the hope) higher prices, if the host country will take a direct cut on the better price.
Bullboard Posts