Ann: Company Secretary Appointment/Resignation, page-16

You are asking the same questions I did years ago.

Have they shown at anytime that they can mine and produce gold on a consistent basis?

If the gold is able to be extracted economically why hasn't one of the big gold mining companies scooped it up over the last 5 years or so, given the low share price?

Why were gold production targets never met? etc

All questions I asked myself prior to unloading the last of my holding.

I can only assume the big boys did have a look at it along the way and determined it wasn't inviting to them. Perhaps the gold being in narrow veins hundreds of metres under ground in granite was a deterrent , you only have to look at the drill core samples / results to visualize how narrow these veins are. I tried to provide a link to the diamond drill core sample assays but there is a problem with opening the files!
Perhaps they will be available for access at a later date. They are on the bottom of this page. http://www.citigold.com/mining/exploration


When you read all the reports and the spiel on the website the potential sounds amazing, unfortunately it remains unproven.

These of course are only my views / thoughts / assumptions and not advice as I know nothing about mining.

DYOR My thoughts and ramblings only