So suddenly these F/N peanuts in charge realize that drilling out the mine as far as possible is an important thing to do before you start mining.
I have been banging on about this for almost a year.
No mention of the grades or tonnes from Union Hill Gold Mine. This is CTL Directors and management's dirty little secret. They should hang their heads in shame. Their pathetic incompetence by not drilling out Union Hill Gold Mine before they started mining it has got us in this perilous financial position.
As Directors and management they had the duties to do due diligence and care before they started mining at Union Hill ans so far as I'm concerned all the debts associated with Union Hill is theirs.
Get rid of all the Directors and Management and have ASIC fully investigate their past actions and shoddy deals.
What a F/N disgrace.
CTL Price at posting:
0.9¢ Sentiment: Hold Disclosure: Held