CTO citigold corporation limited

Ann: Quarterly Activities and Cashflow Report, page-2

  1. 197 Posts.
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    This report speaks largely about what the company hopes will happen in the future, not much about what happened in the quarter, because very little happened. They did get a loan of $5mill which they are going to have trouble with repaying in gold. They produced no gold in the quarter nor did they do any mining. I do not believe they will produce any gold in the next two quarters. The report includes the usual spin from the usual perpetrator. My thoughts only. DYOR.
 
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