CTO citigold corporation limited
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if cto does have 10m oz. why do a takeover?

  1. nomoregfc
    124 Posts.
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    09/07/09
    13:00
    Post #: 5373585
    If CTO does have 10m oz. Why do a Takeover? Need I say any more.

    Potential greenfield developments? Why not get the gold out you have? With production forecast at just 2,500 oz there is no risk of running out of gold.

    Why do you want to do this TO? Are you worried that you may have to write down the value of this investment to its real value?

    Or is it that you dont believe that the 10m oz Project you have is not what you tell us?

    I am sure that I am not the only one at a loss. Can the company please inform us?
    CTO Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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