OTCQX:CGTFF - Post by User
Comment by
AltaRounderon Nov 27, 2017 4:41pm
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Post# 27041326
RE:just trying to get a grasp on the share price...
RE:just trying to get a grasp on the share price... Well, yes in straight math theory. But we don't know for sure how much of the Nevada properties were already priced in. As the Dec 11 roll out has approached the CGT price has rose almost .10 cent. At the very least, I believe CGT will lose this again. Before the deal was announced the price was already pretty weak, so, I don't think it will drop a lot more than 10-15 cents. You'll have to be the judge.
I sold half my CGT in the summer and will be putting it into Allegiant when it comes out. Betting Alligent trades down and but later releases some good Bolo results in Jan (hopefully). Just hedging my bets. I don't think there is a rush to get into CGT with the ESIA dragging out.
Keep in mind Nord Gold has commited to giving Columbus a JV construction decision by Dec 18th.
Good luck.