RE: Stockhouse Article: CB Gold men make millionsINMO these are men who made good business decisions. The writer of this article seems to be hating on their successes. The realty is that companies are assembled as CB Gold was all the time. They are well educated in their field and know the right people. Obviously backed by solid institutions, the smart money wanted in and got in and made a profit. So good for them all. Read the end of that article where they state;
CB Gold continues drilling. It has left some investors wonderingabout the size of the mineralized area at its Las Vetas gold property,because the company has not released drill-hole locations, citing"competition with a neighbouring explorer."The company continues to expand its promotional arsenal, having recentlyadded Ross Beaty to its list of well-known investors. Last week Mr.Beaty's Lumina Capital LP acquired10 million CB Gold units at $1.10 perunit.
You also think if Ross Beaty comes in to scoop up ten million shares. He must know something more than the layman shareholder does. Let's hope galways finds the mother load sooner than later. With the grades we are satisfying, and neighbouring intersections, there must be some of that tonnage on our properties somewhere.
ET