bye! bye! citigold, page-25

G'day Siameseparrot.
Yeah, I probably could have worded that a little better.
I have no doubt that there is gold there at Charters Towers, and that it is in certain recognigsed ratings, however there is also no doubt that there is gold at Bendigo and Ballarat that was rated in various similar catagories, but, very experienced companies with equally experienced management could not get it out of the ground in the profitable manner that was for many years predicted.
They have now taken a totally different approach and are having some success, this success however is nothing like what was predicted say 5 years ago.
Read back through old announcements for BDG and you will see impressive production oz predictions along with very low costs per oz very similar to what CTO has been saying for years but we are yet to see.
The parallels between these 3 companies is undeniable.

Kind regards

Lockitt