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Gold/Mining/Energy : Centurion Gold --CGHI--
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To: blind-geezer who wrote (374)11/30/2005 8:49:49 PM
From: RealMuLan  Read Replies (1) of 460
 
unlikely, a lot of bankrupt companies still stay at <1 cent, CGHI is not bankrupt yet, so it will not go to zero, but 50% decline from here is not impossible, all depends on whether they can find the cash needed for oil exploration. Without some new source of funding, I don't see much hope. And I simply do not believe they can issue more new shares any more, because that would drive the share price down much faster.

Dale has a big mouth, and already has no credibility. So they will have to have some hard/materialized action before they can fool more no-clue investors in
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