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Re: Chasingthegold post# 30622

Saturday, 11/05/2011 10:53:06 PM

Saturday, November 05, 2011 10:53:06 PM

Post# of 67010
CTG,
I can't easily answer that one. First, assay results are not in. Second, mill is not reopen yet. Third, it is really an opinion, and you know what they say about those.
All we can do is speculate. If the assay results are great, and the mill reopens soon, as expected, and the dry stacking plan is ok'ed (the concept is approved, the detailed plan is still being worked on), then this stock has the potential to be into the $3 range, or more. (how long that would take to achieve that is another subject of opinion)

Now just by putting that number out there, I will start a landslide of contrary posts. There are other opinions by people out there who will say that that number is impossible. I know you are new to this board and investing in general, so I will make an assumption that you have recently purchased, or will soon purchase some CGFIA stock. That means that you paid or will pay the buy price of approximately .0004. Even if the price only went to .04, (four cents) that would be a return or 100x your initial investment. That means a $100 investment would return $10,000. Not a bad payoff is it?

Don't take my word for it, Do your own research! Then you will know it's true!

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