CTO 0.00% 0.4¢ citigold corporation limited

golden multi multi bagger ... , page-32

  1. 614 Posts.
    An excellent point ... if you do the numbers, CTO is fully priced at current Reserves in comparison to its peers (like Lihir) but VASTLY underpriced on Resources and Mineable potential in comparison to its peers (perhaps by a factor of 7 to 10 when comparing to Lihir). They have to prove up more Reserves and get production ticking along before we get a big spike in the price. A long ways to go yet I feel.
 
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