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Bullboard - Stock Discussion Forum iShares 1-10 Year Laddered Government Bond Idx ETF T.CLG

The investment objective of the Fund is to replicate, to the extent possible, the performance of the FTSE Canada 1-10 Year Laddered Government Bond Index the Index, net of expenses. The Fund uses an indexing strategy to achieve its investment objective. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly or indirectly, through... see more

TSX:CLG - Post Discussion

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Post by tano on Mar 27, 2004 12:56am

I bought 3200 shares today!

Stock looks cheap based on the co's pospects and its cash on hand of almost $1 per share.
Comment by joe on Mar 27, 2004 2:43am
What are the chances they'll give up on this project because of the high costs? Kinda surprised their about to start another $4.7M drill program when the whole project seems in doubt. Also can't believe Crapocorn is bad mouthing it now, they have been pumping this stock for a decade! Perhaps it is over.
Comment by tano on Mar 27, 2004 11:43am
I am no expert, but as I see it, the only way the company's future could be in doubt would be if their claim that the property contains gold is false (i.e., a fraud). Otherwise, I don't see why the mine would not be developped eventually. The current estimates of the cost of developping the mine should come down as the economy sours and the price of steel, oil, labor, etc. drop ...more  
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