Ann: Citigold Board Restructure , page-6

"..transition to a mid-tier gold producer."
How many oz does a gold producer need to pour in order to be mid-tier?

so CTO is in a transistion phase.
Transistioning from what...explorer?

One month explorer, then producer, back to explorer now lets be a producer again.

Being a mid-tier producer, will CTO need to "reliably" forecast production figures?
Revise their JORC?


66% increase in the board - LOL
- More director fees
- More free shares to directors IMO
- No more increase in proved resources (where was that vein again) can find more veins at a blood bank.
- No more production increase in the foreseeable future.

Why increase the board - remove the dead wood.

That tunnel that they are digging will soon reach China, that's when the gold will flow - too little too late.

One step closer to a bargin basement T/O or Firesale.

Qtrly will be an interesting read..then again probably not, more of the same fluff.

All IMO.
SUDs