CTO citigold corporation limited
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KSS, I do agree with what you are saying, but that is the path...

  1. SurfsUpDoods
    3,286 Posts.
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    10/05/11
    11:58
    Post #: 8377821
    KSS, I do agree with what you are saying, but that is the path they has bestowed upon themselves - to be the biggest, the most cost effective mine in Australia with the biggest resource.

    If they resort to only being an explorer, then what - sell off the mine - may get them $60M ~0.06c/share?

    Did they not just sign an exploration JV effetively giving away 50% of their tennements because don't foresee they will ever prove-up all this area.

    SUDs.
    CTO Price at posting: 7.4¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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