RE:something stinks with the way the stock has tanked I Don't think there is any snow job going on. Since we are nearing month end, the only thing of concern maybe a miss on the gold production. They did say they were on track at the end of last quarter. But regardless, everyday the price of gold goes up and CXB is producing and selling gold, the cash register is ringing up the profits. This quarters average is likely approx. $150 /oz higher than last quarter. Taking a stab at it. If on track production should be about 70,000 oz at $150.00 = over 10mil. Thats over and above where they will come in on AISC. CXB is a cash rich entity, with very little debt.
That's why when i see a dip in the stock, it is not reflective of the real value and i don't loose sleep over it. When the value of this stock will be realized by the general market as a whole, it will take off. As will other gold stocks. Once everyone wakes up,to the fact that currencies are worthless, governments are never going to pay their debts, and the false claims of getting inflation under control is a smoke screen to make all the toadies and lackies, think all is well when they look thru their colored glasses and see a purple haze.