CTO citigold corporation limited

You are right Boles it is a lot of BS. Last Quarter...

  1. gmt
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    You are right Boles it is a lot of BS. Last Quarter administration cost were projected to be $200k yet actual is $18k!!! So it would seem the sources information is correct based on the numbers provided in the quarterlies.

    They also sold fixed asset/assets for $19k during the quarter giving them a total cash balance at the end of the quarter of $22k, I am guessing there is not a lot of mining equipment left on site.

    I also note there has been no resolution in relation to the mortgage over the processing plant, one can only speculate that Fortune have the upper hand in the negotiations.



    DYOR My thoughts and ramblings only
 
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