CTO 25.0% 0.5¢ citigold corporation limited

$15,000,000.000 still in mine, page-8

  1. gmt
    7,977 Posts.
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    BMW,
    I think you should look closer at the drilling results and the core sampling assays to give you a better idea of the depth, width and grades g/t. An example: http://www.citigold.com/dmdocuments/Citigold2010-2011FYDrillingIntercepts.pdf

    Take a close look at the depth to and from that the sample was taken, and then think about how much rock has to be removed before reaching the gold bearing ore and the cost / viability of accessing the gold bearing ore.
    Another list of assays is available here;
    http://citigold.com/mining/exploration

    As a new investor I agree that at 2c it is probably a good gamble, it all hinges on the full investment by KIG actually coming to fruition and that won't be known until June.

    Cheers

    DYOR My thoughts and ramblings only
 
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