CTO citigold corporation limited
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if it is economic to mine/and or recover the tailings, why...

  1. Sparrow2009
    288 Posts.
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    11/04/16
    16:23
    Post #: 17474625
    if it is economic to mine/and or recover the tailings, why haven't they been mining/processing it currently, ie when gold was $1,700+ a couple of yrs ago. especially when you have the cheaper cost of labour and equipment. I'm sure the AISC would be on a par with Africa which averages $600/oz.
    look forward to more information about how they plan to go about it in the future.
    CTO Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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