CTO citigold corporation limited
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Hi Karlene, Unfortunately I don't think things would have been...

  1. gmt
    8,241 Posts.
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    16/11/15
    21:17
    Post #: 16408983
    Hi Karlene,
    Unfortunately I don't think things would have been much different unless large capital was raised early in the peace and the constraints of the control / self interest of the major holder at the time were not present. Then again it may have not made any difference as it appears the gold bearing ore is / has been difficult to locate and expensive to mine given the gold is dispersed in narrow veins in very hard host rock IMHO. Fortunately I was lucky enough to take some profit when the share was at 50c which subsequently covered the majority of my losses that I have subsequently realised. I see CDU seems to be a slow train wreck as well now, interesting times for both companies it would seem!

    DYOR My thoughts and ramblings only
    CTO Price at posting: 1.9¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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