CTO 12.5% 0.5¢ citigold corporation limited

worth holding, page-46

  1. 2,214 Posts.
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    find8 you seem to have some inside running here. Was that information that you just posted from the management or speculation on your part. Not having a go, but I have yet to see any announcements from Citigold regarding the problems, and resolutions to the problems, as per your post.

    If they have what they say they have and they start producing as they have intimated, then I'll be back in quick smart. But I think that people are fed up with hollow statements that aren't backed up with fact, i.e. gold produced. Personally anything less that circa 5,000 oz for the quarter will be seen as yet another failure on their behalf.

    I'm not going to get into semantics on where Lynch lives, could be Siberia for all I care, he gets paid a salary like all other execs. and he can live where he likes. It is up to the people on the site to produce the goods, and to date that just has not happened.

    I agree with another who posted here in that maybe they need to have a shakeout at the site.

    Just remember people that the Lynches of this world are cut out of the same mould as Macmin, Monarch, View Resources, Highlands Gold etc etc etc execs. You can listen to them, but possibly at the peril of your hard earned. Bottom line is the numbers, and to date the numbers don't stack up.
 
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