Ann: Ballarat - More Encouraging Results , page-18

Probably put the mochas on the share price but did any one see that CTO entered a binding agreement for 30 mill to farm out 50% of the regional tenements excluding warrior and the central mining area. IF they do get that then it shows just what a outstanding buy CGT has achieved. 4.5 mill for a proven goldfield with drill results to prove lots of very high grade gold left, all development, plant buildings machinery ect. For 30 mill CTO,s partner may get 50 % of what may amount to next to nothing.