G'day greenguage. I haven't read anything about cto recently so out of touch. In the past though cto have been serial under deliverers. This must have put many off the company, including me. More into the charting side, cto has over promised and under delivered on that front many times to. I still have it on my goldies watch list but only because I haven't deleted it.
There was an excellent piece of research by one poster about 6 months ago who had gone back through all the announcements and found that each time a particular geologist joined and rejoined the company, estimated reserves sky rocketed just on his recalculations. No more drilling. Quite bizarre. Unfortunately the post was moderated.
As I say I don't know how the company is positioned now but the above may explain the lack of appeal this company has to many.
all the best
cheers
Rod
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