An e-mail to the comapnyThis e-mail was sent earlier to the company and I think I do speak for many of the frustrated CGP shareholders in seeking some news from the company. I will post the their reply if I ever get one.
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As a shareholder of CGP it's needless to say 2008 has been a most disappointing year, in which share price tumbled from a high of almost $0.70 to just $0.05 as at yesterday's close. The current market condition has its impact on junior miners, but CGP has been stuck in neutral as well.
What I would like to know is the 2009 prospects for Little Deer in the Maritime and Shyri in Ecuador. Those two are seemingly the "live" projects of the company at the moment.
To me Little Deer has been a lost cause. Regardless of all the favourable news pumped out by THR and CGP during the year, the market paid absolutely no attention as indicated by the flat share prices of both companies. Where does CGP stand on Little Deer anyway? What would be the catalyst needed to set off a boost in the share prices?
Shyri in Ecuador is one prolonged sad saga. I am a former Aurelian (ARU) shareholder (now Kinross) so I know all the horror stories about Ecuador's self inflicted stupidity, What I would like to know is whether the expected passing of the mining law in January 2009 would unshackle CGP's share price? And thereafter, where does the company stand in terms of obtaining a permit to drill there?
A candid update on both issues would be much appreciated.