CTO 20.0% 0.4¢ citigold corporation limited

bullish quarterly , page-11

  1. 24,765 Posts.
    Good! I agree with what you posted and also with Chuckey.

    It would be nice if CTO could now give clear guidance, preferably conservative, about their budgeted increase in gold production to the market based on the tripling of power, anticipated to be ready in June, and similarly the 40% increase in working hours from sometime in June.

    Then of course meet or beat it!

    From the quarterly:

    "Later in June we expect a convergence of several operational improvements. The combination of the increase in operating hours each week, the power upgrade, the equipment upgrades and then a broader access to the orebody will see increased gold output and revenues."
 
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