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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