CTO 0.00% 0.4¢ citigold corporation limited

i guess the chinese are running away..., page-5

  1. 5,729 Posts.
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    overvalued? LOL

    compared to peers? How and Why? which aspects are used to compare? 10 million ounce,or 14g/t ?


    All in all, CTO is still in development stage, this is trail mining, not full production. With the upcoming funding, CTO just starts to move into production stage.

    "Gold produced for this quarter totalled 2,530 ounces up from 2,259 ounces in the previous quarter, a 12% increase on the prior quarter. The average gold sale price received was A$1,681 per ounce up from A$1,664. The average cash cost per ounce was A$533 down from A$690 the previous quarter."

    whatever, it is getting better and better now.

    Broker said 12.5c is too low , you said 7c is overvalued. interesting. Chart indicates CTO is oversold.

 
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