CTO citigold corporation limited

Bevter, I gave up catching falling swords many years ago, 9 out...

  1. gmt
    8,241 Posts.
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    Bevter,
    I gave up catching falling swords many years ago, 9 out of 10 times I just added to the pain. The 10 years or so I have been following this company they have always seemed pretty determined to make a go of it, but with little result other than managing to keep their own salaries going.They have managed to cut their quarterly spending down substantially , from around $3mill a quarter to a projected $1mill for the current quarter which probably means less WORKERS and little progress. I do not think POG is going to make much difference when they are not producing and probably wont be producing before early to mid next year IF they get the significant funding required.
    Good luck with your punt, hope it pays off.

    DYOR My thoughts and ramblings only
 
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