CTO 12.5% 0.5¢ citigold corporation limited

cto retirement plan, page-4

  1. 24,765 Posts.
    Your comment:
    "We have turned the corner at last. It just has not sunk in yet."

    My reply:

    Talk about counting your chickens before they have hatched like so many investors in years gone by in CTO based on CTO's optimistic gold production forecasts released to the ASX.

    Do you need to be given a history lesson? No. You should be able to do the simple research yourself. How about going over CTO's ASX reports from the last few years and noting CTO's gold production aims? Then see how they turned out.

    When CTO becomes cash flow positive after meeting ALL expenses and CTO's much higher production forecasts are being met - and I'm not talking about the paltry 2,500 ounces in a quarter currently being produced - then we might be able to talk about CTO having "turned the corner at last."

    The jury is still out. The verdict is not in.
 
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