christmas cheer for cto investors , page-11

I've got my shares on to sell at 14c after paying 17c some 5 or 6 mths ago. Hopefully I get taken out today. Happy to run away from this company (today) with a loss. They have missed two production targets since i've been with them by a long way and after reading allot of the past posts on CTO theyve missed their targets for years.

I will put the money from CTO to work in another Australian gold company that are producing and discovering gold being HEG. Another thing I like about HEG is that if your a stock holder you can buy gold directly from them. That's an initiative I like and its too bad CTO dont do something like that. Ah forgot they dont have any gold out of the ground.

Good luck holders hope CTO goes higher but in my opinion it wont be on the back of production levels. Appears to me the quote "a mine is simply a hole in the ground with a liar at the top" is a pretty fair summary of CTO.