CTO 20.0% 0.4¢ citigold corporation limited

strong buying, page-17

  1. 2,739 Posts.
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    Yes finicky we're 3 years, maybe 4 years behind schedule .. CTO has overpromised we all know that.

    Hence the share price.

    But (if I can be flippant) at least it still lives to overpromise another day... when other operations have gone bust.

    I still believe that CTO will eventually have a 30 plus year mine life and that will eventually get to the 300,000 oz/year - maybe 5 years after it first promised.

    and if the price we have had to pay for CTO's overpromising is a cheap entry price .. so be it.

 
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