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Re: PAYDAY11 post# 127

Thursday, 03/15/2012 12:37:50 PM

Thursday, March 15, 2012 12:37:50 PM

Post# of 136
Good morning PAYDAY11-- I understand your thinking at first. I felt the same way at first when I got involved with CGP at that time they were a private company. As Rel stated in his post they area prospect generator-- Good morning also REL.

They are not working for other companies, all the properties are there properties that they JV out to other companies to do the major lifting on the property, the other compnay spends their money to bring the property further along usually with some sort of a split in ownership 70/30, 60/40, 50/50 or so and so.

At this point in time our best property or should I say our most advanced property would be with Thundermine Resource (THR) a JV at a 50/50 split on costs.

As for the SP i know it sucks, but IMO at this point Ibelieve it is a steal...

If you would take a little bit of time and do some DD on CGP web site I think you would get a better a picture of CGP.

All the best in your investment decisions.

Cheers

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