According to Ian Smith, CEOof Newcrest, CTO isnow the 10th largest Australia-listed gold producer by market cap. See his presentation (Slide 8) to Brisbane Mining Club at: http://www.newcrest.com.au/upload/369_26x04x2007120807PM.pdf
The CTO Quarterly is also out - 2 oz/tonne in Warrior drilling, drilling rate rising, full production in June, million dollars a month in cash flow in April and rising, max recovery in mill, ore drive rate increasing, milling rate increasing, mill head grade increasing from 8 g/t in March to 10.6 g/t in April.
Plus targets for next Quarter!!
They finally got it together!!
CTO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
