CTO citigold corporation limited

The financials are down the toilet.They probably have about...

  1. gmt
    8,242 Posts.
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    The financials are down the toilet.They probably have about 3mill left at this point.Revenue is down 80% on same period previous year.Consulting expenses up 500%. Crunch time is around the corner IMHO. The report tells us nothing new, all cut and paste from previous crapola, ASIC etc are not the least bit interested.If they know they can mine the gold why are they not mining it, insufficient qualified staff is the reason!! That's right they reduced staff late last year to try and reign in costs, always a good short term method of making things look a little better.

    DYOR My thoughts and ramblings only
 
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