CRK.TO +.04CD to $.72CD...gettting a decent move again today...
Art
UPDATE 1-Crocodile Gold extracts first Cosmo mine ore
Sept 15 | Thu Sep 15, 2011 10:51am EDT
Sept 15 (Reuters) - Crocodile Gold said it extracted the first ore from its Cosmo underground mine in Australia on time and budget, and expects the mine to reach full output in the second-half of next year, sending its shares up as much as 5 percent.
The ore was processed at the company's Union Reefs processing facility in Northern Australia.
The Canadian company said gold grades confirmed previous results and averaged up to 10.7 grammes a tonne.
Shares of the Toronto-based company were trading at 65 on Thursday on the Toronto Stock Exchange. (Reporting by Arnav Das Sharma in Bangalore; Editing by Sriraj Kalluvila)
****My uninformed opinion only...do your own due diligence****
