CTO 12.5% 0.5¢ citigold corporation limited

Ann: Annual Report to Shareholders, page-13

  1. 6,819 Posts.
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    So whats missing here when you look at De grey just raised $300 million to start their mining operation and have resource of 6Moz and 1.5gt au with 12 year mine life and CTO has :
    The Project comprises the 14 million ounce gold deposit, with an Inferred Mineral Resource of 32 million tonnes at 14 grams per tonne of gold and 620,000 ounces of gold in the Probable Ore Reserve (2.5 Mt @ 7.7 g/t Au at a 4 g/t cut-off)
 
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