CTO 0.00% 0.4¢ citigold corporation limited

1 dollar target next 18 months analyst report

  1. 2,739 Posts.
    lightbulb Created with Sketch. 2
    i know the current market conditions are gloomy but this should raise our spirits.

    Here's the latest analyst report on CTO's website.

    http://www.citigold.com/downloadablefiles/Kareg%20Corp%20re%20Citigold%20March%2008.pdf

    Very positive - keep the faith everyone - all the analysts certainly are.

    If you go to page 4 .. the target price is $1 over the next 18 months.

    Also the following yearly production targets are given

    target 2008 50,000 oz
    target 2009 120,000 oz
    target 2010 200,000 oz
    target 2011 250,000 oz

    the report also states lower production costs than its peers as the production lifts.



 
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