Ann: Citigold Drilling Results 2013 , page-9

Boles, they certainly did cut down on the "Productive Workers" One small crew working on Central Mine Refurb whilst increasing the NON Productive Management.

"The current plan is to advance the refitting process by 30 metres a week utilising a single mining crew of four underground operators, three professionals and three maintenance personnel."

It is almost 12 Months since this grandstand announcement "Citigold Corporation Raises $100m" the facts certainly do not match the headline. To date they have received $10mill and unknown monthly amounts, my guess is $2mill / month. Perhaps the next quarterly will throw some light on the monthly payments.

The update announcement made in November 2013 "Citigold and Express Link Management Ltd (ELM) have agreed to delay
completion of the next tranche of funding until early
next year"
I wonder how the company defines Early Next Year ?

They can make lots of plans but without the Funding it means didly squat.

DYOR My thoughts and ramblings only