Citigold (CTO) seem way undervalued to me, 10 million ounce gold project and producing gold. That means that they have a mine.
If you think about it, CTO must be an attractive takeover target right now? Gold at record highs and could go much higher!? If CTO can't make it work, I'm fairly sure one of the much bigger mining companies can.
They say that CTO controlls Australia's richest major goldfield, surely it's got to be a takeover target with it's share price under performance!?
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