CTO 12.5% 0.5¢ citigold corporation limited

"Patience required but really hoping we get the reserve upgrade...

  1. 568 Posts.
    "Patience required but really hoping we get the reserve upgrade this yr as announced previously."

    I'm brushing off any time projections from this company rowingboat. I'm only interested from now on in what they say has actually happened. I dont believe that they will upgrade reserves to 1 million ozs in 2008. They will have a reason though for it not being their fault.
    Meanwhile, we don't even know with complete certainty that they will have the cash that they need to keep going until gold sales balance outgoings. I think they'll stay afloat, but it is only guessing. After all these years that's still what you're reduced to by this company - hope.
    Should be ok though because Foley's down at the ore face now.
 
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