An excellent quarter. Development has moved ahead in leaps and bounds and they are still liquid and managing cashflow very well. They have also transported a lot of low grade material/ nearly waste, to run through the mill at near breakeven... the best way to sort out issues in the mill. Gradual move to higher grade gets better results than a sudden pulse of gold into the circuit. This has been a very busy and smart quarter of operations and sets the company up well.
CTL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held