A recap of the last week.
Fairly good volume.
At least 50million shares a day being swapped from the bid to the ask and back by the MM's. Positioning is going on and if you utilize even the free L2, you can see it for yourself.
Dilution? Probably, because CGI has some big expenses coming with reclamation, mill reactivation, etc.
Remember, they HAVE A PERMIT. It's been under a cease and desist order due to the prior management and operator of the mill. There has been an enormous amount of work done over the last couple of years to ameliorate the mistakes of the past and get the mill operational once again. DRMS is stringent. They have the final say on CGI, and the management has submitted enough paperwork to choke a horse.
Guyer and Rice have made some seemingly tremendous acquisitions over the past year that have great value. Do some DD and discover the true potential of their mines.
Contracts are in place that will offer immediate cash flow once the mill is reactivated. The owners of the area mines would love to see their ore processed. CGI has the mill. The Silverton area is waiting with their own anxiety over the employment opportunities and the pass-on power of payroll throughout the community.
You want the price to go up? It requires a catalyst. You want a catalyst, you have to wait for the 10Q, permit approval, a grand PR regarding the mill restart, etc. Nothing less will catapult this stock.
If you are long, you know the potential. For those that are interested, please do your DD and decide whether or not the longs are long for a reason, or that the naysayers are anything other than shorts on CGI stock.
The information is all there. GLTA and let the catalyst come in it's own time. Step away and quit looking at this board if it gets you to upset. Don't like someone's opinion, look for the ignore button. But please, do provide DD and contribute real information when you can. The rest is just nonsense and will never provide a catalyst that we should all be looking for.
'Nuff said. GO CGFIA
