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Carlisle Goldfields Limited T.CGJ



TSX:CGJ - Post by User

Comment by martindaleon Dec 31, 2014 10:09am
100 Views
Post# 23275218

RE:RE:RE:had enough of sitting on this dog.

RE:RE:RE:had enough of sitting on this dog. the debt is negligible as they are At full production of or near to 8000 oz of AU and aprox 2500 oz silver each month. with the likely hood of gold going north in the near term their cost of approx $750 per oz will increase dramatically and the debt will be gone within a couple of years. aside from that their Rovina project is where the real money is. Brazil is a fine 10 billion dollar asset but Rovina is much bigger. and again at .015  on the ask and as their financials are improving dramatically. they are going to be big long before I can even get my money back in CGJ. you need to look again at CPN , they are in a whole lot better position than you think. sides look at torex with its massive  debt and it sits at well over a buck.
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