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BMO backs Centerra ignoring Chaarat bids

Centerra Gold (TSX:CG) spent much of 2018 either ignoring or shooting down Chaarat Gold Holdings’ (AIM:CGH) attempts to buy the Kumtor mine in the Kyrgyz Republic, and BMO analyst Andrew Breichmanas says the mine’s December quarter performance has proved this the right move.

BMO backs Centerra ignoring Chaarat bids BMO backs Centerra ignoring Chaarat bids BMO backs Centerra ignoring Chaarat bids BMO backs Centerra ignoring Chaarat bids BMO backs Centerra ignoring Chaarat bids

It was a big quarter at Centerra's Kumtor gold mine in the Kyrgyz Republic