here's my take, page-12

Even the CTO reserve is only probable Not measured like most companies report for reserves. From a 2007 presentation ,
Gold reserves to increase to 1 million oz end 2008 and 2 million oz buy end 2009. That was bull manure and never happened. This mob have shifted a lot of dirt so far for around 40 000 0z over a five year period , presumably they at the start headed for areas with good drill results and higher probability. So far its been amazingly disappointing producing way below forecasts . From my research i would love to know given the drill results i can find how they could come up with a jork of 10 million oz at 14 grams. All the drill results i can find are what i would describe as mediocre to bad with the very occasional decent hole but on very narrow width. IMO asic should investigate this jork . Skaterboy citigold is probably in hiding in Brazil or somewhere. When the man in charge of the jork held few shares and was selling is a pretty good indication he no longer believed the story himself. People are still investing and believing in CTO on the back of this jork, how many would invest if the jork was inferred at 1-2 million 0z at 3 grams in an underground gold mine and what would its market cap be worth .