In the September quarterly report released to the ASX on the...

In the September quarterly report released to the ASX on the 27th. October in bold type on page one was the following:

"25,000 ounce gold production plan for calendar 2009 still achievable"

Here is the gold production for the first three quarters based on CTO's quarterly reports:

March quarter: 2,522 ounces

June quarter: 1,855 ounces (In bold type on page one of the quarterly - "2009 production plan on track for 25,000 ounce ('oz') gold"

September quarter: 2,609 ounces

That is total gold production for the first three quarters of 6,986 ounces.

Based on the 27th. October ASX release CTO effectively told the market that it was "still achievable" for the company to produce 18,014 ounces in the December quarter in order to achieve their "25,000 ounce gold production plan for calendar 2009."

As far as I can see nothing has been released to the market in the 44 days since by CTO to indicate the company believes 18,014 ounces of gold production this quarter is no longer "achievable."

Does that mean that at this point in time CTO still believes the can produce 18,014 ounces of gold this quarter? If so, based on what? If not, then surely CTO is duty bound under ASX listing rules re "continuous disclosure" to inform the market?

In the light of the sickly CTO share price how many shareholders are just sitting back and accepting/copping this?

With just three weeks left in this quarter how many ounces of gold has CTO so far produced? Either CTO is on track to produce something like its guidance for this quarter of 18,014 ounces gold or CTO is not.

So why are shareholders not making persistent demands from CTO about continuous disclosure? If not satisfied, then from the ASX etc?