CTO citigold corporation limited
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Perhaps it is an accounting method to ensure maximum deduction...

  1. gmt
    8,241 Posts.
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    09/08/17
    22:19
    Post #: 26401731
    Perhaps it is an accounting method to ensure maximum deduction allowance, the sudden jump in E &E certainly stands out.

    9 June 2017

    "GLD Inc has indicated they expect to commence gold purchases before 30 June 2017 or shortly thereafter."

    31 July 2017

    "GLD Inc has recently updated us that gold purchases pre-payment to Citigold will commence in this Quarter."

    Will the goal posts be moved again with regard to the GLD deal?

    DYOR My thoughts and ramblings only
    ​
    CTO Price at posting: 0.7¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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