Centerra Gold Inc T.CG

no big deal

[Vinnie3]

the law not even passed yet just says that the gouvernment can step in or stop the mine for 3 months if they defy safety laws. Big deal, we have it here too, if a gold company breaks the safety laws here they will get an injunction to shut an operation if it persist in defying safety laws after being ordered by the pertinent ministry. This is just a political move to satisfy some voters who want to nationalize but it aint gonna happen, even the president said so. So I bought a lot and am not worried at all.

[Zvezdoliot1]

dream on Vinnie3, but I would suggest run before it is too late, there are dozens literally much better opportunities with a nice night sleep than this stock; just continue my friendly advice from my October post to all my fellow stockhouse members 

[kkkrrr]

i will put this stock on the watchlist now ... its undervalued IF CG decides selling Kumtor and move on... -Mt milligan makes good money with copper @4.50$ -skut makes good money  -700 million USD Cash    .. CG could pay the 200 million taxes and maybe the government is happy with that..maybe the new law is made to put some pressure to CG paying the taxes ...its possible there will

[kkkrrr]

“Financially, the Company generated $930.0 million of cash from operations for the year, kst generated $146.1 million, Mount Milligan generated $185.3 million and Kumtor generated $660.6 million. In 2020, $603.8 million of free cash flowNG was generated Company-wide, including $437.9 million of free cash flowNG from Kumtor, $150.2 million from Mount Milligan and $105.2 million from kst

[kkkrrr]

no, its a big deal because the 3 billion lawsuits as an additional step + the tax-issue ...  they want CG out of the country OR much more money from the mine ...  ...CG should buy another asset and sell its stake of Kumtor ... my opinion