GREY:CLGRF - Post by User
Comment by
pfaffgauon Nov 15, 2012 11:09pm
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Post# 20608131
RE: RE: Look at that balance sheet
RE: RE: Look at that balance sheet pd.....I agree. They raised $57 million in 2011 at $2.50 a share. That has brought on a lot more ounces, but a much lower share price. With L62 they could produce lots of ounces and $$ in the next two quarters and not be pressed for cash. Earnings would get the market's attention. They should go for the $$ before doing more expensive drilling. IMHO