CTO 33.3% 0.4¢ citigold corporation limited

power plant another red herring, page-27

  1. BH!
    2,521 Posts.
    Yeah, OK. I'll concede defeat on the SOG saga. I've been reading a bit more about it. I wasn't in it at the time, so I really am not that well versed on the company.

    The more I read, the more I figure they had pretty much mined out what they had, gold-wise (at least, when they had to somehow come up with another 3.5m oz's to meet hedging commitments).

    [Kind of puts into context SBM's dramas and the amount they've needed to spend to get back into large-scale production on those tenements.]
 
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