CTO 0.00% 0.4¢ citigold corporation limited

10th largest gold producer

  1. 95 Posts.
    According to Ian Smith, CEOof Newcrest, CTO isnow the 10th largest Australia-listed gold producer by market cap.
    See his presentation (Slide 8) to Brisbane Mining Club at:
    http://www.newcrest.com.au/upload/369_26x04x2007120807PM.pdf

    The CTO Quarterly is also out - 2 oz/tonne in Warrior drilling, drilling rate rising, full production in June, million dollars a month in cash flow in April and rising, max recovery in mill, ore drive rate increasing, milling rate increasing, mill head grade increasing from 8 g/t in March to 10.6 g/t in April.

    Plus targets for next Quarter!!

    They finally got it together!!
 
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