CTO citigold corporation limited
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final quarterly cash flow update, page-10

  1. axegun
    707 Posts.
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    28/06/10
    14:38
    Post #: 6847020
    Brownbag. You seem to be able to talk to CTO management and get answers. Can you get some honest answers from these guys as to the true state of cash flow. I don't want to suddenly find CTO is suspended and going into administration. Clear answers to
    question 1 . Is the gold dug out and sold covering costs and immediate bills?
    Question 2. Is any creditor able to take down the company by court action for money owed but unable to be paid?
    A clear announcement from CTO would be handy.
    CTO Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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