The money side of things is only the first hurdle, the next and major hurdle will be the gold production particularly given the latest loan for $5mill is to be repaid in gold +30%. If they haven't produced enough to cover the debt within 6 months then I guess they have to buy gold on the open market to pay the debt. I hope they do make it so that the remaining long term holders and new holders beliefs are vindicated.
There have been so many false starts over the past decade that it is hard not to be cynical, however the CTO saga has been long and convoluted.
DYOR My thoughts and ramblings only
The money side of things is only the first hurdle, the next and...
Add to My Watchlist
What is My Watchlist?