amer222333,
I am sorry for existing shareholders, no joy in seeing people lose money, and as an ex holder I lost plenty also.
What I fail to understand is why the CTO thread has been deader than bin Laden for the last two years, since 15 cents. I managed to get out at 0.12 painfully, but the commentary over this period has been zilch. In fact only negative comments mostly by a few, nobody has got hot under the collar.
I predicted ages ago the Chinese connection would just wait CTO out, until administration. If the CTO Board suspects they will not be able to meet future obligations, then they must place into admin, at least thats my understanding. The cash in hand will last weeks only, either something is up, or its great business one day, and nothing the next.
The Chinese were supposed to visit last year, then after Christmas, then couldn't because Chinese new year, the down hole polarisation was supposed to have resulted in a report of previous work about 3 Qtr last year, then endless quarterly promises of getting the modelling better understood. Beautiful plumage the Norwegian Blue.
Would be great if some continuing holders gave some feed back from their endeavours/conversations with the company. I am interested because I hate to have wasted all that analysis time and a visit, if CTO makes a Lazarus.
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