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Centerra Gold Inc T.CG

Alternate Symbol(s):  CGAU

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

Comment by Ctol80on May 10, 2021 7:33pm
167 Views
Post# 33170680

RE:RE:RE:RE:HUGE OVERREACTION

RE:RE:RE:RE:HUGE OVERREACTIONInvest at your own risk people. I owned this stock for years and full disclosure I did really really well. I got the f out of dodge when Japarov took power. There is a history between him and CG and he's out for blood. This is the problem when you invest in countries like these - risk and reward but you need to go in with both eyes open on what the risks entail.

What is disheartening is that this board knew the risks and they're sitting on all this cash but wasted an opportunity to diversify away from Kyrgstan. CG will lose Kumtor. IMO.
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