CTO 12.5% 0.4¢ citigold corporation limited

from spectacular potential to ???, page-12

  1. 3,631 Posts.
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    Noddy the only thing thats likely to get this spp over the line is some spectacular announcement proving that CTO has turned the corner and producing at stated grades of 10 or more grams per ton from predominantly stope ore . Not the usual we are pleased to anounce a 50% increase in oz produced to a total of 1000 -2000- 2500 or 5000 oz for the quarter from ???????tons of ore AT ??????? grade. Maybe 5000 oz from 15000 tones of predominantly stope ore in feb with current drilling proving the reefs are now showing consistent grades in line with the original mine model (with a schematic of drill results and there positions ) might do it. If that was going to happen they would have announced it not give some dribble that they extended the spp because of mailing delays.
    I,m quite amazed they havent given some sort of announcement to pump the price to try and get it over the line.
 
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