Ann: Quarterly Activities Report, page-132

Hi mal230355
I agree with you on CTO, and put in a low bid at 0.004c for a small initial investment.
CTO JORC is pretty amazing.
CTO share price crashed to very low levels after they completed the initial 100,000 Oz test run.

The SVG experience is IMO mining too early and not calculating risks like weather, or equipment maintenance and reliability
Leading to negative media releases of poor outcomes based on of bad weather (shutdown), equipment failure (shutdown), logistics (explosive delivery mixed up) and exploration errors (poor feedgrade/rate) sent to the market.
Preparation is 9/10's of performance. The remaining 1/10 is good execution of the plan.

Better to get your ducks lined up first and derisk as much as possible before you start operations.
Looks like CTO are prepping well, same as WWI.

Perhaps a good divestment option for those sick of SVG. But DYOR and Due Diligence as all investment carries risks.
CTO Beta is 0.71 so has lower volatility than SVG at 0.98

Thanks for sharing mate. Good post.

Merc Out