will cto get whipped today?, page-19

Find8, I was just commenting on some specific words that CTO thought important enough for shareholders to be told in their quarterly report. CTO released that information to the ASX on April 30 so my comments were hardly dated!

Have I commented on those specific words before? I think not. You claim it is "just stating (and restating) the obvious."

Well, whose fault is that if comments on freshly released information to the ASX is "just stating (and restating) the obvious?"

Whose fault is it if the same old tune keeps getting replayed? If a brand new tune gets played then we'll all have something brand new to comment about instead of the latest freshly released instalment being nothing but a replay of the same worn out old tune.

"This coming year we are working to build up the gold production rate towards our initial goal of 100,000 ounces a year."

"Production is currently building up to target, it will not be until full scale production is reached, expected in 2008, that the income statement will be a true representation of the cost of mining."

The two quotes are from CTO's 2007 Annual Report.

"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."

The above quote is from the March quarterly report. Not this year's. Last year's. THEN, 3,913 ounces of gold was produced in the March quarter.

Well, I guess 2,500 ounces of predicted gold production for the June 2009 quarter is better than nothing.

If you don't like comments about that, well, such is life.