i wonder..., page-14

Hi Lockitt,


Some of the reasons outlined in your post are responsible for my getting rid of my holding in CTO.

What you must understand and you are probably very much aware of it, is that this Company despite a few name changes have had the same Managemennt team since its listing as Laverton Nickel back in 1969.IMHO very poor progress to date.

My family, as shareholders have been associated with the Company since then, and we have been very
fortunate to have prospered out of our holdings.




Would be prepared to have a punt should they ever get to ten cents but certainly not any higher. In the meantime I wish all present shareholders good luck.


Best Wishes,


Penny