I believe a funding deal is about to be announced! I think it would have to be a takeover or some sort. If I was the Chinese, and I was risking my money, I would at least try to maximise my return if it means only a few more millions of dollars to buy CTO.
I think there is gold out there and the Chinese knows that too. And if they don't buy CTO while they are reporting only 2,553 ounces a qtr. it would cost them alot more, if the report is more like 1500 ounce atr. but that a side. the Chinese are cahsed up and in the last 12 months they ahev been moving slowly in to CTO. and I think it was early last year, that a friend of mine was telling me that one of his contacts in the mines was saying, some chinese people were inspecting the mine sites, and it was only a few weeks later that we saw some funding deal come thru. So i think 12 months is a long time, and before end of this fin year, they are going to make thier move.
- Forums
- ASX - By Stock
- CTO
- management change
management change, page-17
Featured News
Add CTO (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 13445566 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 7582633 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 13445566 | 0.004 |
15 | 10347355 | 0.003 |
7 | 6015025 | 0.002 |
8 | 10802988 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 7582633 | 7 |
0.006 | 2260000 | 4 |
0.007 | 1229758 | 3 |
0.008 | 3393671 | 5 |
0.009 | 1846323 | 4 |
Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
Featured News
CTO (ASX) Chart |
Day chart unavailable