CTO citigold corporation limited

reply to abra8867, page-3

  1. gmt
    8,244 Posts.
    lightbulb Created with Sketch. 156
    Yep it is on track, the wrong track going the wrong way.There is gold there but the last 5 or so years has shown that to extract it from the narrow veins encased in granite is very time / cash consuming and seemingly uneconomic.Perhaps the only way it will become economic is when the Chinese take it off the family and bring in cheap chinese labour on 457 visas.Those larger sales that went through today were obviously non believers. I am still waiting for the 4 year planned production ramp up to begin.
    They would have made more money from opening a couple of gold buyer kiosks in shopping malls.
    DYOR My thoughts and ramblings only.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $9M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $620 206.5K

Buyers (Bids)

No. Vol. Price($)
25 17660747 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 2003468 7
View Market Depth
Last trade - 09.59am 23/06/2025 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.