Centerra Gold Inc T.CG

Alternate Symbol(s): CGAU

Metals & Mining Gold

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

Centerra Gold Inc

Bullboard Posts

Post by Thechaseron Apr 27, 2010 2:36pm

414 Views

Post# 17036272

Bought 2900 @ 10.85 + Analyst Reports

SCOTIA CAPITAL RESEARCH
Recent Update Text as of 8APR10

The Kyrgyz government of President Bakiyev seems to have been overthrown after violent protests in the capital of Biskek.

Opposition leaders have declared a new interim government, and it appearsbloody clashes between the former government forces and protestors are over. .Apparently, civil unrest continues with reports of drunken looting.

We believe if the former government has capitulated and the President has fled, as widely believed, that the situation will stabilize quickly.

Yesterday, our fear was that escalating bloodshed would dominate the news cycle and pressure Centerra’s share price significantly.

Centerra reported that its Kumtor operations have not been affected, and we think with the overnight political calm there is reduced risk of interruptions to fuel shipments and personnel movement to the mine. We maintain our 1-Sector Outperform rating and our C$16.00 per share one-year target price.

VALUENGINE RECOMMENDATION
ValuEngine has issued a BUY recommendation for CENTERRA GOLD INC on
Apr 27, 2010. Based on the information we have gathered and our resulting
research, we feel that CENTERRA GOLD INC has the probability to
OUTPERFORM average market performance for the next year. The company
exhibits ATTRACTIVE 5-year annualized return, company size and risk.

Thompson Reuters : BUY
My comments:
The price is crazy, it was impossible for me not to buy it, So , I bought it..GLTA. Tommorow, earning are coming out, and based on the last quater, this one should be a homerun