CTO citigold corporation limited
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re: Ann: GML: CTOCitigold's offer for Gat... yeah it looks like...

  1. ProPunter23Red
    2,960 Posts.
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    23/09/09
    17:21
    Post #: 5684106
    re: Ann: GML: CTOCitigold's offer for Gat... yeah it looks like it could take a while, will drag on and cost me more in etrade stock alers over the next month. (ok 33c isn't too bad)

    What GML shareholders don't realise is that there is very poor liquidity in the stock and if they wanted to cash out they would have serious difficulty in doing so at anywhere near the current share price.

    I know of blokes who would just dump a heap into GML to tank the SP so GML holders get a reality check, but CTO are too gentlemanly. IMO they slowly start selling, pretend to not be interested, see the GML price tank and then come back. But they won't and this saga will continue in 12 months time but I don't really care I just want to see them get close to the 100,000 oz target in the next couple of years
    CTO Price at posting: 17.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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