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Bullboard - Stock Discussion Forum 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... see more

TSX:CG - Post Discussion

Centerra Gold Inc > Good summary
View:
Post by Doozer on Jan 21, 2021 10:00am

Good summary

I think this is a good artcile that summarizes CG well at this point.  Despite their excellent performance, balance sheet and increasing mountain of cash, unless they further increase and diversify their mines in more friendly jurisidictions many investors will stay away and share price will continue to have a relatively low ceiling.  Movement on JV opporrunities like a schedule for the exploration of Cherry Creek and more M&A must happen.   If management doesn't instill confidence that this is on the horizon on the Feb.24th call then I'll have to consdier selling my holdings as the opportunity cost on other stocks is increasingly harder to pass up whilst having patience with this one.  

https://seekingalpha.com/article/4400132-centerra-gold-newest-oksut-mine-delivers-massive-beat
Comment by ariesleaf on Jan 21, 2021 10:18am
This stock is now just a hold.
Comment by kkkrrr on Jan 25, 2021 9:50pm
from financial standpont a good stock....  what i don't like for now is a waek q1 because some stripping -works at Kumtor ... and dthe political situation there...    maybe nothing worse will happen there but you never know..maybe the new president there wants a larger share of profit sooner or later....   this uncertency will weight on the stock ...   ...more  
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