It's always bemused me how every time they were about to move into/mine decent dirt/rock - and (presumably) generate good cashflow - it always didn't quite happen for one reason or another.....
Every time.
The corporate overheads/Rogers getting no salary was a new one though - because if Rogers wasn't getting paid, who was getting all the dough?
I've worked in the corporate office of a miner operating more mines (and profitable too) than CTL and the corporate costs were never in that ball park.....
Perhaps there was a big, fat service agreement with a third party?
CTL Price at posting:
0.9¢ Sentiment: None Disclosure: Held
