CTO 0.00% 0.4¢ citigold corporation limited

Hi fellow sufferers, ex-sufferers and "are-you-crazy?" potential...

  1. 100 Posts.
    lightbulb Created with Sketch. 8
    Hi fellow sufferers, ex-sufferers and "are-you-crazy?" potential sufferers...


    I also received no reply from CT when I asked him (a) what is the bottleneck for oz production (i.e. was it simply getting tonnage to the surface, access to stopes, etc) and (b) how could ML possibly suggest that 25kOz was still possible in 09. I have recieved useful replies from CT in the past so was a bit disappointed to get none this time - although in reality what can he say. Hopefully he at least asked ML what the #?!! he was thinking even suggesting 25kOz.

    From my purely speculative viewpoint - there isn't a snowballs chance that they will get anywhere near 25kOz's this year - and it annoys me that ML could possibly formally suggest otherwise.

    However with the terrible sentiment (mostly justified) around this company and a share price at 14c (and associated market cap) then I decide to take a hold, wait and see approach. If the gold really is there, and can be extracted at decent rates anytime in the next 0-12 months, then there may be some redemption one day. Surely they are closer now than at any other time in the last 2 years of my holding...(unfortunately 'closer' is a relative term).

    Just thinking aloud...
    bbeenn
 
watchlist Created with Sketch. Add CTO (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $12M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1089000 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 13977544 24
View Market Depth
Last trade - 12.04pm 15/11/2024 (20 minute delay) ?
CTO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.